NOT LISTED FOR SALE

Estimated Value: $6,983,000 - $10,045,245

5 Beds
7 Baths
6,400 Sq Ft
$1,373/Sq Ft Est. Value

Last Sold December 09, 2014

Last sale price $7,645,000 $1,195 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $58,114/month

53 Days on Market

Highlights

  • Wine Cellar
  • Gourmet Kitchen
  • Maid or Guest Quarters
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of December 2014

This artfully designed and crafted traditional Palisades Riviera Estate provides for a luxury lifestyle. The approx 6400 ft. exudes quality materials i.e. riff Walnut, old-growth Hickory floors, Meile, Wolf and Subzero appliances. Although true to its traditional roots, it has creative transitional nuances with tiling and stonework from Walker Zanger and Porcelanosa, an 1850s style Harlem double f/p mantel and richly paneled study has riff walnut cabinetry. The elegant dining room has coffered ceilings, the bright gourmet kitchen opens to the family room with ledger stone fireplace and exquisite ceilings. Upper level has 4 bedroom suites each with their own individual character. The master has a fireplace, coffered ceilings, custom finished walkin closet and a serene bath. The lower level has a great room with fireplace, fully equipped bar and a refrigerated wine room. The sunny private pool with water features, spa tub and outdoor entertaining completes this superior offering.

Last Listed By

James Respondek

Rodeo Realty - Pacific Palisades License #00713972 Listed on: 10/10/2014

Rodeo Realty - Pacific Palisades

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $108,747

Year Built

  • Built in 2014

Lot Details

  • 9,277 Sq Ft Lot
  • Sprinkler System
  • Property is zoned LARE11

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Turnkey
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • High Ceiling
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Den
  • Game Room with Fireplace
  • Center Hall
  • Wood Flooring
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Laundry Chute
  • Stacked Washer and Dryer Hookup

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Cover

Outdoor Features

  • Open Patio
  • Fire Pit
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4425-015-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$108,747

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 6400
  • Stories: 2
  • Year Built: 2014
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Built-Ins, Coffered Ceiling(s), High Ceilings (9 Feet+), Laundry Chute, Living Room Deck Attached, Turnkey
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Family Room, Fire Pit, Game Room, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Built-In BBQ, Built-In Gas, Cooktop - Gas, Double Oven, Range Hood
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Gourmet Kitchen, Island, Open to Family Room, Pantry, Stone Counters
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Barbeque, Bar Ice Maker, Built-Ins, Dishwasher, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 1202.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, Pool Cover, Private
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: Private
  • Spa Yn: Yes
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Driveway - Concrete, Garage - 3 Car, Garage Is Attached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Prewired for alarm system
  • Sewer: On Site
  • Water: District

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4425-015-012
  • Geocode Override: No
  • Lot Size Area: 9277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Nov 26, 2014
Sold by
1323 Pavia Place Llc
Bought by
Yamamoto Anne and The Homeric Trust
Seller's Agent
James Respondek
Rodeo Realty - Pacific Palisades
Buyer's Agent
Steve Frankel
Coldwell Banker Realty
List Price
$7,695,000
Sold Price
$7,645,000
Premium/Discount to List
-$50,000
-0.65%
Total Days on Market
53
Current Estimated Value
$8,788,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,143,415
Avg. Annual Appreciation
1.35%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Brown Beverly P and Donn B Brown Trust
Bought by
1323 Pavia Place Llc

Purchase Details

Closed on
Aug 15, 2005
Sold by
Brown Beverly Fraasa and Donn B Brown Trust
Bought by
Brown Beverly Fraasa and Donn B Brown Trust

Range of Values:

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Average Value
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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
Yamamoto Anne -- Equity Title Company
1323 Pavia Place Llc $2,130,000 Equity Title Company
Brown Beverly Fraasa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1323 Pavia Place Llc $2,955,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2014 12/09/14 Sold $7,645,000 -0.6% $1,195 / Sq Ft
10/10/2014 10/10/14 For Sale $7,695,000 +261.3% $1,202 / Sq Ft
11/20/2012 11/20/12 Sold $2,130,000 -11.1% $804 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $2,395,000 -- $904 / 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 $108,747 $9,007,982 $5,891,423 $3,116,559
2023 $106,606 $8,831,355 $5,775,905 $3,055,450
2022 $101,589 $8,658,192 $5,662,652 $2,995,540
2021 $100,381 $8,488,424 $5,551,620 $2,936,804
2019 $97,339 $8,236,654 $5,386,956 $2,849,698
2018 $97,120 $8,075,152 $5,281,330 $2,793,822
2016 $92,948 $7,761,586 $5,076,250 $2,685,336
2015 $91,570 $7,645,000 $5,000,000 $2,645,000
2014 $35,875 $2,929,670 $2,139,670 $790,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 14-800543

The MLS

APN: 4425-015-012