2 months on rocket

16 Cinnamon Ln, Rancho Palos Verdes, CA, 90275

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,994 SqFt
$752/SqFt
House
Schools Nearby

Location

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16 Cinnamon Ln, Rancho Palos Verdes$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1953
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Kitchen
ViewHills, Ocean, Trees/Woods
MLS #SB24017747
Lot Size1.19 Acres
StatusActive

About 16 Cinnamon Ln

Lovingly owned by one family since it was built in 1953, this home offers a haven of privacy in the gated enclave of Portuguese Bend. The residence boasts an expansive lot affording ample space for outdoor pursuits and creating a serene retreat. Upgrades over time include new windows, refinished hardwood floors and more recently new kitchen appliances and a new roof. Peek-a-boo ocean views and vaulted ceilings in the living room, den and kitchen add to sought-after aspects of this charming single-story home. We invite you to embrace the lifestyle offered, where tranquility and exclusivity define the essence of living at 16 Cinnamon Lane.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1
  • Living Area: 1,994 SqFt

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 600-7973
  • Listing Agent: Meredith Johnson

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Electric Cooktop, Disposal, Dryer, Washer
  • Interior: Beamed Ceilings, High Ceilings
  • Fireplace: Family Room, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills, Ocean, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 16 Cinnamon Ln

3D Tour

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 1.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Enter off Narcissa Drive, gated access provided by agent.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $752/SqFt

HOA Fees:

  • Amount: $1150
  • Frequency: Annually

Tax Information:

  • Annual Amount: $9,043
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rancho Palos Verdes, CA.

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Rancho Palos Verdes, CA

City

Med. Sold Price

$1.7M

Med. Price/SqFt

$787

Avg. Days On Market

33

# of Sold Homes

25

16 Cinnamon Ln vs Rancho Palos Verdes

88 DAYS ON ROCKET

+55 Days

$1,500,000

-$215.1K Less

$752/SqFt

-$35 Less

KEY TAKEAWAY

This property is $215.1K less than the Median Sold Price and $35/SqFt less than other homes in Rancho Palos Verdes, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24017747

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 600-7973
  • Listing Agent: Meredith Johnson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2013Home Sold
$377,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,043$670,888
2020$8,675$664,010
2019$8,456$650,991
2018$8,267$638,228
2017$8,267$625,714

History based on county public records data.

Payment Calculator

$7,649

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1161301
10
/10

  • Soleado Elementary School

  • 27800 Longhill Dr

  • 1.86 miles

  • Public District Grades KG-5

school-card-donut-1161302
9
/10

  • Mira Catalina Elementary School

  • 30511 Lucania Dr

  • 2.19 miles

  • Public District Grades KG-5

school-card-donut-1161303
8
/10

  • Point Vicente Elementary School

  • 30540 Rue De La Pierre

  • 2.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $145,055. Residents of Rancho Palos Verdes, CA typically earn $200k+ each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Cinnamon Ln

What is the listing price of this property?

The listing price of 16 Cinnamon Ln property is $1,500,000.

What type of property is this?

The property 16 Cinnamon Ln is a house located in Rancho Palos Verdes, California, 90275.

Is this property for sale now?

Active Listing: 16 Cinnamon Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,043 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 7, 2013 for $377,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16 Cinnamon Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16 Cinnamon Ln is 1,994 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Cinnamon Ln is 1953.

Rocket Homes›California›Los Angeles County›Rancho Palos Verdes›90275›16 Cinnamon Ln

This home is located at 16 Cinnamon Ln in Rancho Palos Verdes, CA and zip code 90275 in the Palos Verdes Drive South neighborhood. This 1,994 square foot home, which was built in 1953, sits on a 1.19 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $1,500,000.

In March 2024, from all listings sold in Rancho Palos Verdes, CA there were more than 15 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. In March 2024 in Rancho Palos Verdes, CA there were 19.6% more homes for sale than in February 2024. In March 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $1,715,154.

From Rocket Homes Real Estate and based on county public records data.

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