NOT LISTED FOR SALE

Estimated Value: $3,745,591 - $4,589,000

5 Beds
3 Baths
2,932 Sq Ft
$1,437/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $3,200,000 $1,091 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $27,109/month

12 Days on Market

About This Home

As of August 2017

Attention End-Users and Builders/Developers! A super-rare opportunity on an elevated, corner lot located just two blocks from the storied Palisades Village and new Caruso development slated to be completed by summer, 2018. Either move right in to this spacious two-story, five-bedroom/three-bathroom, lushly landscaped 2,932 square foot home OR build a brand-new, ocean-view home on this 7,144 square foot corner lot. Spacious and filled with natural light, the current house includes Carrera marble counter tops, stainless steel Viking appliances, multiple custom closets, Waterworks bathrooms, extensive custom built-ins, a fully-tiled saltwater pool (including two cabanas with antique teak columns from Bali), and even a bunkhouse for sleepovers galore!! This incredibly desirable area lets you enjoy cool ocean breezes and strolls to the village, beach, schools, restaurants, shopping, bike paths and hiking trails.

Last Listed By

David Kelmenson

Compass License #01435306 Listed on: 07/13/2017

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,211

Year Built

1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2932
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Tile, Wood
  • Appliances: Oven, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area, In Kitchen
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 953.27

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean, Peek-A-Boo, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Driveway, Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4422-021-001
  • Geocode Override: No
  • Lot Size Area: 7143

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2017
Sold by
Ferrier Todd and Ferrier Kimberley
Bought by
Ferrier Todd and Ferrier Kimberley
Total Days on Market
12
Current Estimated Value
$4,211,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 28, 2017
Sold by
Sato Simone Nicajevsky
Bought by
Ferrier Todd and Ferrier Kim
Seller's Agent
David Kelmenson
Compass
Buyer's Agent
Anne Burkin
Compass
List Price
$2,795,000
Sold Price
$3,200,000
Premium/Discount to List
$405,000
14.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
Dec 22, 2010
Sold by
Sato Scott Alan
Bought by
Sato Simone Nicajevsky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
Pitcher Irene
Bought by
Sato Scott Alan and Sato Simone Nicajevsky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6.37%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Ferrier Todd -- Equity Title Company
Ferrier Todd $3,200,000 Lawyers Title
Sato Simone Nicajevsky -- Chicago Title Company
Sato Scott Alan $925,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrier Todd $2,555,000
Closed Ferrier Todd $2,540,000
Closed Ferrier Todd $200,000
Previous Owner Sato Simone Nicajevsky $200,000
Previous Owner Sato Simone Nicajevsky $250,000
Previous Owner Sato Simone Nicajevsky $1,000,000
Previous Owner Sato Simone Nicajevsky $726,000
Previous Owner Sato Simone Nicajevsky $200,000
Previous Owner Sato Simone Nicajevsky $729,750
Previous Owner Sato Scott Alan $608,000
Previous Owner Sato Scott Alan $200,000
Previous Owner Sato Simone Nicajevsky $727,000
Previous Owner Sato Scott Alan $729,000
Previous Owner Sato Scott Alan $725,000
Previous Owner Pitcher Irene $100,000
Previous Owner Pitcher Irene $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $3,200,000 0.0% $1,091 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/25/2017 07/25/17 Off Market $3,200,000 -- --
07/13/2017 07/13/17 For Sale $2,795,000 -- $953 / 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 $43,211 $3,569,658 $2,855,727 $713,931
2023 $42,365 $3,499,666 $2,799,733 $699,933
2022 $40,377 $3,431,046 $2,744,837 $686,209
2021 $39,896 $3,363,771 $2,691,017 $672,754
2019 $38,690 $3,264,000 $2,611,200 $652,800
2018 $38,557 $3,200,000 $2,560,000 $640,000
2017 $14,950 $1,236,294 $941,940 $294,354
2016 $14,607 $1,212,054 $923,471 $288,583
2015 $14,391 $1,193,849 $909,600 $284,249
2014 $14,437 $1,170,464 $891,783 $278,681
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 17-250860

The MLS

APN: 4422-021-001