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1261 Via Landeta

1261 Via Landeta, Palos Verdes Peninsula, CA 90274
Sold Jan 04, 1999
$899,000
$200,000 by Chris Lucas Etal
Mortgage Due Oct 02, 2042
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Local assessors in Palos Verdes Peninsula, CA have categorized 1261 Via Landeta as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 20,818 square feet. The linear feet between the front and back of the lot was measured at 1,720 ft and the front of the lot was measured at 1,190 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 16 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1261 Via Landeta has a total of 4,035 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a hip style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1261 Via Landeta was last sold in Dec 17, 1998 for $899,000. According to our calculations, that's $222.80 per sqft. Current property owners are expected to pay $19,003 in taxes per year. The property on 1261 Via Landeta was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,622,532. To break that down further, the land itself was valued at $1,083,286. While improvements to the property were assessed at a total of $539,246. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,818
  • Lot Size Depth Feet: 1,720
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 4,035
  • Building Area: 4,035
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,035
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 6889
  • Land Acres: 0.478
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6889 LOT/SEC 11 BLK/DIV/TWN1490

Ownership

  • Current Owner : KRANTZ MICHAEL
  • Current Owner 2: KRANTZ LISA
  • Previous Owner : EICHORN TRUST EICHORN PETER K AND THERESE TRS
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670326

Zoning

  • Zoning: PVR1*

Geography

  • Assessors Map Reference: 72-B4
  • Subdivision Tract Number: 6889
  • Parcel: 7543-006-035
  • Block: 1490
  • Lot: 11
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7798
  • Longitude: -118.406

    Address

  • Full Address: 1261 Via Landeta
  • Address - House Number: 1261
  • Address - Street Name: Via Landeta
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C021
  • 4-Digit Zip Code: 1970
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,003
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 3,743,611
  • High Value: 4,601,864
  • Low Value: 2,885,358

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,730,000
  • First Open Lien Mortgage Lender: CHRIS LUCAS ETAL
  • First Open Lien Mortgage Recording Date: Oct 02, 2012
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Oct 02, 2042
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: NEWBRIDGE CAPITAL MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: May 30, 2018
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $1,330,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2048
  • Third Open Lien Mortgage Lender: LAYNE SPENCER BROWN FAMILY TRU
  • Third Open Lien Mortgage Recording Date: Sep 23, 2019
  • Third Open Lien Mortgage Loan Amount: $200,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Building or Construction Loan
  • Third Open Lien Mortgage Loan Due Date: Sep 23, 2049
  • Third Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,622,532
  • Assessed Land Value: $1,083,286
  • Assessed Improvements Value: $539,246

    Sales

  • Current Sale Contract Date: Dec 17, 1998
  • Current Sale Recording Date: Jan 04, 1999
  • Current Sale Transaction ID: 1033126277
  • Current Sale Price: $899,000
  • Current Sale Document Type: Land Contract
  • Current Sale Input Document Number: 99-0003056

    Last Sale Mortgage

  • First Mortgage Lender: PETER K EICHORN
  • First Mortgage Transaction Date: Jan 04, 1999
  • First Mortgage Loan Amount: $845,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Palos Verdes Estates



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Frequently Asked Questions

What neighborhood is 1261 Via Landeta located in?
The 1261 Via Landeta is a located in the neighborhood of Palos Verdes Estates in Palos Verdes Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 1261 Via Landeta?
The average sales price for units in 1261 Via Landeta is $0 currently.

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