1609 Margate Rd
Palos Verdes Estates, CA 90274
4 bd 3 ba 2,977 sqft Built 1957 Lot 7,974 sqft single_family
Most recent sale
$3,775,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $3,775,000 | MLS #PV22138420 |
| Aug 1, 2014 | Sold | $1,735,000 | Public Record |
| Jul 24, 2014 | Listing removed | $1,699,000 | CRMLS |
| Jun 22, 2014 | Listed | $1,699,000 | MLS #PV14131870 |
| May 16, 2011 | Sold | $1,230,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,883,644 | $2,122,416 | $4,006,060 | $45,949 |
| 2024 | $1,883,644 | $2,122,416 | $4,006,060 | $44,413 |
| 2023 | $1,810,500 | $2,040,000 | $3,850,500 | $43,792 |
| 2022 | $596,839 | $1,368,095 | $1,964,934 | $22,547 |
| 2021 | $585,137 | $1,341,270 | $1,926,407 | $22,547 |
| 2020 | $579,138 | $1,327,517 | $1,906,655 | $22,247 |
| 2019 | $567,783 | $1,301,488 | $1,869,271 | $21,594 |
| 2018 | $556,650 | $1,275,969 | $1,832,619 | $21,474 |
| 2017 | $545,736 | $1,250,950 | $1,796,686 | $20,114 |
| 2016 | $535,036 | $1,226,422 | $1,761,458 | $20,388 |
| 2015 | $527,000 | $1,208,000 | $1,735,000 | $20,176 |
| 2014 | $257,099 | $1,028,400 | $1,285,499 | $15,417 |
| 2013 | $255,938 | $1,023,753 | $1,279,691 | $15,368 |
| 2012 | $250,920 | $1,003,680 | $1,254,600 | $15,159 |
| 2010 | $103,686 | $71,590 | $175,276 | $3,610 |
| 2009 | $103,933 | $71,761 | $175,694 | $3,418 |
| 2008 | $101,896 | $70,354 | $172,250 | $3,305 |
| 2007 | $99,899 | $68,975 | $168,874 | $3,014 |
Property facts
Year built
1957
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,977 sqft
Lot size
7,974 sqft
ZIP code
90274
City
Palos Verdes Estates
Street
Margate Rd
Coordinates
33.78447, -118.41610
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$22,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1609 Margate Rd last sell?
1609 Margate Rd most recently sold on Jun 24, 2022 for $3,775,000.
What is the current tax assessment for 1609 Margate Rd?
The most recent total assessment for 1609 Margate Rd (year 2025) is $4,006,060 with $45,949 in property tax.
How does 1609 Margate Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $3,775,000.
When was 1609 Margate Rd built?
1609 Margate Rd was built in 1957.
How does 1609 Margate Rd compare to others on Margate Rd?
We do not currently track other properties on Margate Rd.
What are the property facts for 1609 Margate Rd?
1609 Margate Rd is a 4 bed, 3 bath, 2,977 sqft, 7,974 sqft lot single_family.
Is 1609 Margate Rd a flip candidate?
No — 1609 Margate Rd does not appear in our flips dataset.
Is 1609 Margate Rd a tax-appeal candidate?
No — 1609 Margate Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.5%
Implied 1-yr
-13.8%
2026 Q3
$2.93M
2026 Q4
$2.93M