Seller's Agent in 2021
Anthony Marguleas
Amalfi Estates
(310) 293-9280
80 in this area
298 Total Sales
1309 Piedra Morada Dr Pacific Palisades, CA 90272
Pacific Palisades NeighborhoodEstimated Value: $5,009,000 - $6,602,910
6
Beds
6.5
Baths
6,513
Sq Ft
$913/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- In Ground Pool
- Tennis Courts
- Home Theater
- Fireplace in Primary Bedroom
About This Home
As of April 2021You will love this home. Come appreciate this 6 bed 7 baths 6,513 sq ft. elegant storybook country style home opening to vast canyon and slivers of ocean views. Once entering you are greeted with a grand living room with a cozy fireplace, featuring vaulted ceilings and wide windows, with an adjacent dining room ideal for entertaining. The kitchen has a large island perfect for those home-cooked meals, as well as a breakfast nook overlooking the spacious 16,000 sq ft lot. The family room off the kitchen boasts tall ceilings, an amazing 3300 bottle wine cellar, and a bar opening to the backyard. The main level has a newly renovated gym ideal for at-home workouts and a 3 car garage. Upstairs has 4 bedrooms incl a grand master suite with a balcony overlooking the pool. Walk-in tub and steam shower. 2 more large bedrooms and a movie room make for an ideal sleepover spot for kids. The home has great outdoor space with a covered patio, heated pool and spa, and bbq on a quiet street in the Highlands, close to the private community tennis courts, come see this amazing home today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,379
Year Built
- Built in 1986
Lot Details
- 0.38 Acre Lot
- Property is zoned LARE15
HOA Fees
Parking
- 3 Car Garage
- Driveway
Property Views
- Ocean
- Canyon
Home Design
- Traditional Architecture
Interior Spaces
- 6,513 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Home Theater
- Home Gym
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
Additional Features
- Tennis Courts
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4431-028-011
Community Details
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2021
Closed on
Mar 25, 2021
Sold by
Shepard Christopher and Shepard Tracie
Bought by
Maduro Timothy Nicholson and Maduro Marie Lee
Seller's Agent
Anthony Marguleas
Amalfi Estates
Buyer's Agent
Sarah Knauer
Compass
List Price
$4,295,000
Sold Price
$4,200,000
Premium/Discount to List
-$95,000
-2.21%
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,747,303
Avg. Annual Appreciation
8.51%
Original Mortgage
$3,000,000
Outstanding Balance
$2,758,777
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$3,068,932
Purchase Details
Closed on
Feb 20, 2007
Sold by
Reese Jason W and Reese Family Trust
Bought by
Shepard Christopher and Shepard Tracie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 26, 1999
Sold by
Reese Jason W and Reese Christina Carroll
Bought by
Reese Jason W and Reese Christine Carroll
Purchase Details
Closed on
Sep 17, 1996
Sold by
Choi Michael D and Choi Catherine Mijin
Bought by
Reese Jason W and Reese Christine Carroll
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
7.87%
Purchase Details
Closed on
Mar 4, 1996
Sold by
Choi Michael D and Choi Catherina Mijin
Bought by
Choi Michael D and Choi Catherina Mijin
Purchase Details
Closed on
Jan 3, 1996
Sold by
Choi Michael D and Choi Catherina Mijin
Bought by
Choi Michael D and Choi Catherina Mijin
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
7.36%
Purchase Details
Closed on
Aug 22, 1994
Sold by
Choi Michael and Choi Mi Jin
Bought by
Choi Michael D and Choi Catherina Mijin
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maduro Timothy Nicholson | $4,200,000 | Usa National Title Company | |
| Shepard Christopher | -- | Equity Title Company | |
| Reese Jason W | -- | -- | |
| Reese Jason W | -- | -- | |
| Choi Michael D | -- | -- | |
| Choi Michael D | -- | First American Title Co | |
| Choi Michael D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nicholson Maduro Timothy | $780,000 | |
| Closed | Maduro Timothy Nicholson | $251,500 | |
| Open | Maduro Timothy Nicholson | $3,000,000 | |
| Previous Owner | Shepard Christopher | $625,500 | |
| Previous Owner | Shepard Christopher | $729,750 | |
| Previous Owner | Shepard Christopher | $1,166,000 | |
| Previous Owner | Shepard Christopher | $1,275,000 | |
| Previous Owner | Reese Jason W | $938,000 | |
| Previous Owner | Reese Jason W | $943,000 | |
| Previous Owner | Reese Jason W | $985,000 | |
| Previous Owner | Reese Jason W | $15,000 | |
| Previous Owner | Reese Jason W | $1,000,000 | |
| Previous Owner | Choi Michael D | $1,000,000 | |
| Closed | Reese Jason W | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2021 04/23/21 | Sold | $4,200,000 | -2.2% | $645 / Sq Ft |
| 03/23/2021 03/23/21 | Pending | -- | -- | -- |
| 03/12/2021 03/12/21 | For Sale | $4,295,000 | -- | $659 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $54,379 | $4,457,073 | $3,395,865 | $1,061,208 |
| 2023 | $53,321 | $4,369,680 | $3,329,280 | $1,040,400 |
| 2022 | $50,836 | $4,284,000 | $3,264,000 | $1,020,000 |
| 2021 | $48,855 | $4,084,599 | $2,475,515 | $1,609,084 |
| 2020 | $49,363 | $4,042,717 | $2,450,132 | $1,592,585 |
| 2019 | $47,388 | $3,963,449 | $2,402,091 | $1,561,358 |
| 2018 | $47,131 | $3,885,736 | $2,354,992 | $1,530,744 |
| 2016 | $45,072 | $3,734,850 | $2,263,546 | $1,471,304 |
| 2015 | $44,408 | $3,678,750 | $2,229,546 | $1,449,204 |
| 2014 | $44,529 | $3,606,690 | $2,185,873 | $1,420,817 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Marguleas
-
Sarah Knauer
Buyer's Agent in 2021
Sarah Knauer
Compass
(310) 663-4606
12 in this area
67 Total Sales
Map
Similar Homes in the area
Source: The MLS
MLS Number: 21-703400
APN: 4431-028-011
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