NOT LISTED FOR SALE

Estimated Value: $6,204,738 - $8,103,000

6 Beds
6.5 Baths
6,219 Sq Ft
$1,166/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $8,125,000 $1,306 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $48,640/month

14 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Home Gym

About This Home

As of October 2023

Perched in a highly sought-after location with expansive ocean views overlooking Palisades Village, this beautiful six-bedroom, six and a half bath home offers over 6,200 square feet of living space with an incredibly spacious and private backyard. An intelligent design unfolds across three levels, the main living spaces on the first level, bedrooms on the upper level, and a basement that includes bonus living spaces, a bedroom, gym and oversized garage. Adjacent to the entry, the home's office features wood paneling and sliding French doors that open to a balcony with sweeping views across the Palisades and the Pacific Ocean. The first level also offers a dedicated dining room and formal sitting room - ideal for hosting friends and family. From here, the open-concept kitchen features large marble countertops, top-of-the-line appliances, and a charming breakfast bar. It seamlessly expands into the living room and additional dining area. Another set of sliding French doors open to the lush backyard that is beautifully landscaped for total privacy. Plans and renderings for a pool and outdoor entertainment area are included and permits are pending. Upstairs, the spacious and bright primary suite features spectacular ocean views, a cozy seating area by the fireplace, a separate nook for an additional office or workout space, two walk-in closets, and an oversized bathroom outfitted with two separate vanities and a soaking tub. Three additional en-suite bedrooms complete the upper level. A short elevator ride will bring you to the basement level with an en-suite bedroom and a sizable gym or second downstairs bedroom, a large living room with built-in storage, and a two-car garage. Situated a mere stone's throw away from the vibrant dining and shopping scene of Palisades Village and in close proximity to some of the city's most prestigious schools, this home offers an unparalleled lifestyle. Permits to add a pool are in progress and close to being completed.

Last Listed By

Chris Feil

Berkshire Hathaway HomeServices California Properties License #01739001 Listed on: 09/13/2023

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,173

Year Built

  • Built in 2014

Lot Details

  • 7,162 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,219 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Home Gym
  • Ocean Views
  • Alarm System
  • Basement

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-020-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,173

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 6219
  • Lot Acreage: 0.1644
  • Year Built: 2014
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Elevator
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Carpet
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Hood Fan, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Alarm System, Central Vacuum, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1285.58

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-020-022
  • Lot Size Area: 7162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 6, 2023
Bought by
Sandra S Pershing Revocable Trust and Keller
Seller's Agent
Chris Feil
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Eric Petz
Equity Union
List Price
$7,995,000
Sold Price
$8,125,000
Premium/Discount to List
$130,000
1.63%
Total Days on Market
14
Views
40
Current Estimated Value
$7,248,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$876,087
Avg. Annual Appreciation
-3.56%

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jun 15, 2017
Sold by
Ruud Johnson Cynthia A and The Cynthia A Ruud Johnson 201
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Paula Ross Jones
Sotheby's International Realty
List Price
$5,649,000
Sold Price
$5,200,000
Premium/Discount to List
-$449,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$3,640,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 28, 2013
Closed on
Apr 28, 2014
Sold by
Bestor Boulevard Llc
Bought by
Ruud Johnson Cynthia A and The Cynthia A Ruud Johnson 201
Seller's Agent
Marco Rufo
The Agency
Buyer's Agent
Max Mervis
The Agency
List Price
$4,995,000
Sold Price
$4,300,000
Premium/Discount to List
-$695,000
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

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
Sandra S Pershing Revocable Trust $8,125,000 California Title Company
-- $5,200,000 Equity Title Company
Ruud Johnson Cynthia A $4,300,043 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $3,640,000
Previous Owner Bestor Boulevard Llc $8,296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $8,125,000 +1.6% $1,306 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $7,995,000 +53.8% $1,286 / Sq Ft
07/19/2017 07/19/17 Sold $5,200,000 -1.8% $836 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/23/2017 05/23/17 Price Changed $5,295,000 -6.3% $851 / Sq Ft
04/17/2017 04/17/17 For Sale $5,649,000 +31.4% $908 / Sq Ft
04/30/2014 04/30/14 Sold $4,300,000 0.0% $691 / Sq Ft
04/30/2014 04/30/14 Off Market $4,300,000 -- --
04/03/2014 04/03/14 Price Changed $4,495,000 -6.3% $723 / Sq Ft
02/27/2014 02/27/14 Price Changed $4,795,000 -4.0% $771 / Sq Ft
10/28/2013 10/28/13 For Sale $4,995,000 -- $803 / 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 $98,173 $8,125,000 $6,500,000 $1,625,000
2023 $68,824 $5,686,956 $3,609,796 $2,077,160
2022 $65,588 $5,575,448 $3,539,016 $2,036,432
2021 $64,791 $5,466,126 $3,469,624 $1,996,502
2019 $62,826 $5,304,000 $3,366,714 $1,937,286
2018 $62,625 $5,200,000 $3,300,700 $1,899,300
2016 $53,591 $4,471,748 $2,094,575 $2,377,173
2015 $52,796 $4,404,579 $2,063,113 $2,341,466
2014 $26,272 $2,130,559 $1,018,759 $1,111,800
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-306179

The MLS

APN: 4422-020-022