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Sold for $800,000
  • Listing Provided by: Vista Sotheby’s International Realty
    Bought with: Vista Sotheby’s International Realty
    Tax assessed value
    $800,000

    16 Cinnamon Ln, Rancho Palos Verdes, CA 90275

    4beds
    1,994sqft
    Single Family Residence
    Built in 1953
    1.19 Acres Lot
    $1,315,900 Zestimate®
    $401/sqft
    $6,320 Estimated rent

    Home value

    $1,315,900

    $1.16M - $1.49M

    $6,320/mo

    Zestimate® history
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    What's special

    This property is located in an area of Rancho Palos Verdes experiencing active land movement. There is a building moratorium in place, however repairs to the property can still be permitted. Upgrades to the home over time include Milgard windows, HVAC and ducting replaced and a new roof in 2019. The land is over an acre and has a peek-a-boo ocean view. Only all-cash, non-contingent offers will be reviewed by the Seller. Offers are due by Friday, June 21st at 5:00p. Please email the listing agent for a link to all due diligence. ALL SHOWING MUST BE ACCOMPANIED BY AGENT - DO NOT WALK THE PROPERTY ON YOUR OWN.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Meredith Johnson DRE #01907722 310-541-8271,

    Vista Sotheby’s International Realty,

    Darin DeRenzis DRE #01760239 310-418-6210,

    Vista Sotheby’s International Realty

    Bought with:

    Darin DeRenzis, DRE #01760239

    Vista Sotheby’s International Realty

    Source: CRMLS,MLS#: SB24017747MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Kitchen
    • Features: Laminate Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Range, Dishwasher, Electric Cooktop, Disposal, Dryer, Washer
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Beamed Ceilings, High Ceilings
    • Has fireplace: Yes
    • Fireplace features: Family Room, Kitchen
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,994 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main Level
    • Pool features: None
    • Has view: Yes
    • View description: Hills, Ocean, Peek-A-Boo, Trees/Woods
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 1.19 Acres
    • Features: Back Yard, Lot Over 40000 Sqft
    Details
    • Parcel number: 7572013014
    • Zoning: RPRS1&E*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Rancho Palos Verdes

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,150 annually
    • Amenities included: Controlled Access, Trail(s)
    • Association name: Portugese Bend Community Association
    • Association phone: 310-872-4874

    Other

    Other facts
    • Listing terms: Cash,1031 Exchange,Owner May Carry

    Price history

    DateEventPrice
    7/19/2024Sold$800,000-19.9%$401/sqft
    Source: CRMLS #SB24017747 Report a problem
    6/29/2024Pending sale$999,000$501/sqft
    Source: CRMLS #SB24017747 Report a problem
    6/11/2024Listed for sale$999,000+165%$501/sqft
    Source: CRMLS #SB24017747 Report a problem
    5/9/2017Listing removed$5,200$3/sqft
    Source: Vista Sotheby's International Realty #SB17064549 Report a problem
    4/4/2017Listed for rent$5,200$3/sqft
    Source: Vista Sothebys Realty #SB17064549 Report a problem
    11/7/2013Sold$377,000$189/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,916 +10.9%$800,000 +12.4%
    2024$9,845 +2.1%$711,948 +2%
    2023$9,640 +5.5%$697,990 +2%
    2022$9,137 +1%$684,305 +2%
    2021$9,043 -1.7%$670,888 +1%
    2020$9,195 $664,010 +2%
    2019$9,195 +8.7%$650,991 +2%
    2018$8,457 $638,228 +2%
    2017$8,457 +2.3%$625,714 +2%
    2016$8,267 +3%$613,447 +1.5%
    2015$8,025 -0.2%$604,234 -9.4%
    2014$8,040 $667,152 +518.2%
    2012-- $107,924 +2%
    2011-- $105,809 +0.8%
    2010-- $105,019 -0.2%
    2009-- $105,269 +2%
    2008-- $103,206 +2%
    2007-- $101,184 +2%
    2006-- $99,201
    2005-- $99,201 +4%
    2004-- $95,351 +1.9%
    2003-- $93,604 +2%
    2002-- $91,770 +4%
    2000-- $88,208

    Find assessor info on the county website

    Neighborhood: 90275

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Point Vicente
    • Middle: Miraleste
    • High: Palos Verdes

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,315,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,315,900