NOT LISTED FOR SALE

Estimated Value: $3,043,632 - $4,268,000

5 Beds
3 Baths
2,754 Sq Ft
$1,265/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $2,320,000 $842 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $22,088/month

120 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Mediterranean Architecture
  • Walk-In Closet

About This Home

As of December 2019

-AUCTION SALE- Perfect opportunity for someone to put their own imprint on this Palisades fixer or build their dream home in coveted Alphabet Streets neighborhood. Ideal location is just a few blocks from the recently completed Caruso project and the best shopping, dining and entertainment the Palisades has to offer. Two story home is in need of updating, but offers ample size and bed/bath count. Highlights of floor plan include living room with fireplace, dining space and upstairs Master Suite with high ceilings, spacious walk-in closet and balcony. Backyard is perfect for entertaining and features spacious pool/spa area, patio space and mature foliage/hedges . Please see private remarks for offer submission information and showing instructions.

Last Listed By

Phil Boroda

Coldwell Banker Realty License #00822192 Listed on: 07/22/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,698

Year Built

  • Built in 1937

Lot Details

  • 5,203 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,754 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4423-012-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,698

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 2754
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: 1088

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 943.72

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4423-012-023
  • Geocode Override: No
  • Lot Size Area: 5203

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Nov 26, 2019
Sold by
The Bank Of New York Mellon
Bought by
Borow James and Borow Cristina Marie Grace
Seller's Agent
Phil Boroda
Coldwell Banker Realty
Buyer's Agent
Ryan Jancula
Compass
List Price
$3,625,900
Sold Price
$2,320,000
Premium/Discount to List
-$1,305,900
-36.02%
Total Days on Market
120
Current Estimated Value
$3,484,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164,211
Avg. Annual Appreciation
8.50%
Original Mortgage
$1,705,200
Outstanding Balance
$1,497,610
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$2,094,203

Purchase Details

Closed on
May 23, 2019
Sold by
Bracco Lawrence J and Bracco Jennifer J
Bought by
Certificateholders Of Cwalt Inc Alternat and The Bank Of New York Mellon

Purchase Details

Closed on
Oct 29, 2004
Sold by
Brown Lloyd J and Salinger Brown Barbara
Bought by
Bracco Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Salinger Werner and Salinger Rosa
Bought by
Brown Lloyd J

Purchase Details

Closed on
Apr 25, 2002
Sold by
Brown Gary
Bought by
Brown Lloyd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
5.11%

Purchase Details

Closed on
Oct 5, 1999
Sold by
Brown Lisa
Bought by
Brown Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,250
Interest Rate
7.75%

Purchase Details

Closed on
Sep 17, 1999
Sold by
Marshi Gabriel N and Wood Marshi Sally
Bought by
Brown Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,250
Interest Rate
7.75%

Purchase Details

Closed on
Dec 27, 1995
Sold by
Lamb Robert Clayton and Mahan Lamb Nancy Ann
Bought by
Marshi Gabriel N and Wood Marshi Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.36%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Borow James $2,436,000 Old Republic Title Company
Certificateholders Of Cwalt Inc Alternat $2,700,000 Ticor Title
Bracco Lawrence J $1,605,000 Fidelity National Title Comp
Brown Lloyd J -- Fidelity National Title Comp
Brown Lloyd J $1,170,000 Investors Title Company
Brown Gary -- Equity Title Company
Brown Gary $987,000 Equity Title Company
Marshi Gabriel N $670,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borow James $1,705,200
Previous Owner Bracco Lawrence J $1,750,000
Previous Owner Bracco Lawrence J $120,000
Previous Owner Bracco Lawrence J $240,000
Previous Owner Bracco Lawrence J $1,424,000
Previous Owner Bracco Lawrence J $176,000
Previous Owner Bracco Lawrence J $1,000,000
Previous Owner Brown Lloyd J $877,500
Previous Owner Brown Gary $729,500
Previous Owner Brown Gary $740,250
Previous Owner Marshi Gabriel N $536,000
Closed Bracco Lawrence J $524,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $2,320,000 -10.7% $842 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $2,599,000 0.0% $944 / Sq Ft
11/06/2019 11/06/19 Price Changed $2,599,900 -13.3% $944 / Sq Ft
09/27/2019 09/27/19 Price Changed $2,999,900 -8.1% $1,089 / Sq Ft
08/19/2019 08/19/19 Price Changed $3,263,900 -10.0% $1,185 / Sq Ft
07/22/2019 07/22/19 For Sale $3,625,900 -- $1,317 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $31,698 $2,611,879 $2,089,505 $522,374
2023 $31,080 $2,560,667 $2,048,535 $512,132
2022 $29,625 $2,510,459 $2,008,368 $502,091
2021 $29,266 $2,461,236 $1,968,989 $492,247
2019 $4,538 $2,048,057 $1,499,477 $548,580
2018 $24,288 $2,007,900 $1,470,076 $537,824
2016 $23,234 $1,929,933 $1,412,992 $516,941
2015 $22,891 $1,900,945 $1,391,768 $509,177
2014 $22,957 $1,863,709 $1,364,506 $499,203
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 712 Muskingum Ave, Pacific Palisades, CA 90272

    $3,290,000

    • 3 Beds
    • 3 Baths
    • 2,053 Sq Ft
    • 712 Muskingum Ave
    • Pacific Palisades, CA

    Idyllic Pacific Palisades traditional home with views of the Santa Monica Mountains, located on a quiet tree-lined street. Exceptional curb appeal, amazing location, and excellent floor plan; this 3-bed, 3-bath abode has it all. Open living spaces on the main level include the dining area, living room with fireplace, and den/family room. The galley kitchen with stainless steel appliances connects

    Raymond Dominguez Engel & Völkers

    Section Image
  • 544 Arbramar Ave, Pacific Palisades, CA 90272

    $3,250,000

    • 3 Beds
    • 2 Baths
    • 1,670 Sq Ft
    • 544 Arbramar Ave
    • Pacific Palisades, CA

    Nestled in one of Los Angeles' most desirable neighborhoods, this light-filled mid-century home in the El Medio Bluffs offers an exceptional opportunity to create your private oasis. The tranquil, quiet ambiance combined with proximity to nature makes this property a true hidden gem. The home features a spacious living room with a large stone fireplace as its focal point, perfect for cozy

    Karen Parcell Berkshire Hathaway HomeServices California Properties

    Section Image
  • 507 W Rustic Rd, Santa Monica, CA 90402

    $3,750,000

    • 3 Beds
    • 2.5 Baths
    • 2,176 Sq Ft
    • 507 W Rustic Rd
    • Santa Monica, CA

    Tucked away in Rustic Canyon, this classic Santa Monica home is brimming with charm and endless possibilities. Featuring 3 bedrooms, 2.5 bathrooms, and 2,176 sqft of living space, this home sits on an expansive 13,748 sqft lot, offering ample room to create your dream retreat. The grand entryway with soaring ceilings sets the tone, leading to a living room with a fireplace and original wood

    Brian Tiongson Reyes Pinnacle Estate Properties, Inc.

    Section Image
  • 931 Las Pulgas Rd, Pacific Palisades, CA 90272

    $2,795,000

    • 3 Beds
    • 2 Baths
    • 1,611 Sq Ft
    • 931 Las Pulgas Rd
    • Pacific Palisades, CA

    This beautiful home is move-in ready for your family! Featuring 3 bedrooms and 2 bathrooms, it boasts a spacious living room with expansive doors that open to a lush, green backyard. The kitchen is equipped with stainless steel appliances and a cozy breakfast nook. A dedicated laundry room offers ample storage, with direct access to the attached two-car garage. Enjoy outdoor living with a large

    Jessica Thiele Curry Thiele Properties, PC

    Section Image
  • 443 Mesa Rd, Santa Monica, CA 90402

    $3,499,000

    • 3 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • 443 Mesa Rd
    • Santa Monica, CA

    Welcome to Rustic Canyon, a beautiful beach community located between Santa Monica and the Pacific Palisades with trickling creeks on each side of Mesa Rd. This legendary community is home to artists, writers, actors and directors. Adorned with Sycamore, Oak and Eucalyptus trees throughout the canyon, enjoy the great restaurants, famous Will Rogers beach and award-winning Canyon Elementary are

    Gregory Bega Sotheby's International Realty

    Section Image
  • 1401 Jonesboro Dr, Los Angeles, CA 90049

    $3,699,000

    • 4 Beds
    • 3.5 Baths
    • 2,579 Sq Ft
    • 1401 Jonesboro Dr
    • Los Angeles, CA

    Nestled in Brentwood's prestigious "Polo Fields" enclave, this timeless single-story ranch seamlessly blends classic charm with modern upgrades. Meticulously landscaped for exceptional curb appeal, the home features gleaming hardwood floors, a remodeled granite kitchen with stainless steel appliances, and a cozy family room with a fireplace, wet bar, and French doors opening to a serene patio and

    Richard Schulman KW SELA

    Section Image
  • 1443 Jonesboro Dr, Los Angeles, CA 90049

    $3,500,000

    • 5 Beds
    • 3.5 Baths
    • 2,223 Sq Ft
    • 1443 Jonesboro Dr
    • Los Angeles, CA

    Discover refined living in Brentwood’s prestigious Polo Fields neighborhood. This newly updated residence welcomes you with an inviting living room featuring a cozy fireplace and seamless access to the expansive backyard. The open floor plan flows into a formal dining area, which is located next to a sun-drenched breakfast nook—perfect for morning coffee or study time while you prep dinner.The

    Jimmy Rashid Berkshire Hathaway HomeServices California Properties

    Section Image
  • 1053 Tellem Dr, Pacific Palisades, CA 90272

    $3,995,850

    • 4 Beds
    • 4 Baths
    • 2,814 Sq Ft
    • 1053 Tellem Dr
    • Pacific Palisades, CA

    Two-story Mid-century home w/pool. Sprawling lot with usable land to expand. 3 car attached garage w/4 car driveway parking. Foyer entry with marble flooring and in-ground planters. Entry level includes office/den w/patio, formal living and dining rooms w/patios, kitchen, family room, maid's quarter, 2 bathrooms, laundry room and garage entry. Second floor consists of Master bedroom w/ private

    Kelli Davis Kelli Davis

    Section Image
  • 16705 Charmel Ln, Pacific Palisades, CA 90272

    $3,845,000

    • 4 Beds
    • 4 Baths
    • 16705 Charmel Ln
    • Pacific Palisades, CA

    Perched high above Marquez Knolls, this home offers breathtaking views of the city's sparkling skyline and the endless, serene ocean. Expansive glass walls and open terraces seamlessly blend urban energy with coastal tranquility, inviting nature's beauty indoors. While the recent devastating fires touched many parts of our community, this area has remained resilient, with most homes still

    Blair Chang The Agency

    Section Image

Source: The MLS

MLS Number: 19-491686

The MLS

APN: 4423-012-023