NOT LISTED FOR SALE

Estimated Value: $6,675,000 - $7,417,000

5 Beds
6.5 Baths
5,968 Sq Ft
$1,201/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $5,725,000 $959 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $46,252/month

84 Days on Market

Highlights

  • White Water Ocean Views
  • Room in yard for a pool
  • Traditional Architecture
  • Wine Room
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of November 2018

Located in the heart of Pacific Palisades, this stunning new contemporary style farmhouse has incredible unobstructed ocean views and sits right above the highly anticipated and soon to be redesigned Palisades Village. With designer fixtures and details throughout, this beautiful custom home offers five large bedrooms and six-and-a-half bathrooms. Solid walnut hardwood floors flow handsomely throughout the formal living room, dining room and into the chef's kitchen with high-end appliances. The open floor plan leads directly to the expansive, beautiful lush landscaped backyard, great for entertaining. Downstairs you will find a spacious entertainment room, wet bar, and wine cellar. This is truly a unique and special property that is priced to sell.

Last Listed By

Santiago Arana

The Agency License #01492489 Listed on: 07/27/2018

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,787

Year Built

  • Built in 2014

Lot Details

  • 8,009 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,968 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Formal Entry
  • Wine Room
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Covered patio or porch
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-020-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,787

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 5968
  • Stories: 3
  • Year Built: 2014
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1004.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Coastline, Mountains, Ocean, Tree Top, Water, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-020-010
  • Geocode Override: No
  • Lot Size Area: 8009

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 23, 2018
Sold by
Mahan Michael David and Horrell Brooke C
Bought by
White Taylor Graham and Howell Taylor Lynette Michelle
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Zach Goldsmith
The Agency
List Price
$5,995,000
Sold Price
$5,725,000
Premium/Discount to List
-$270,000
-4.5%
Total Days on Market
84
Current Estimated Value
$7,168,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,443,851
Avg. Annual Appreciation
4.87%
Original Mortgage
$4,293,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 12, 2013
Closed on
Apr 3, 2014
Sold by
Akerblom Robert C
Bought by
Mahan Michael David and Horrell Brooke C
Seller's Agent
Teresa Akerblom
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Carolyn Gillespie
Berkshire Hathaway HomeServices California Properties
List Price
$4,750,000
Sold Price
$4,420,000
Premium/Discount to List
-$330,000
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$3,536,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2012
Sold by
Collins Joanne
Bought by
Hough David and Hough Joe

Purchase Details

Closed on
Jan 4, 2012
Sold by
Hough Joseph David and Hough Joseph David
Bought by
Akerblom Robert C and John H Akerblom & Sons Profit Sharing Pl

Purchase Details

Closed on
Sep 15, 2008
Sold by
Collins Leo J and Collins Joanne
Bought by
Collins Joanne

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
White Taylor Graham $5,725,000 Lawyers Title
Mahan Michael David $4,420,000 Fatcola
Akerblom Robert C $1,500,000 Fatcola
Collins Joanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Graham White $4,190,000
Closed White Taylor Graham $4,293,750
Previous Owner Mahan Michael David $3,536,000
Previous Owner Collins Leo J $254,250
Previous Owner Collins Leo J $269,000
Previous Owner Collins Leo J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $5,725,000 -4.5% $959 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $5,995,000 +35.6% $1,005 / Sq Ft
05/13/2014 05/13/14 Sold $4,420,000 -4.9% $741 / Sq Ft
03/19/2014 03/19/14 Price Changed $4,650,000 -2.1% $779 / Sq Ft
11/12/2013 11/12/13 For Sale $4,750,000 -- $796 / 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 $75,787 $6,261,120 $3,221,442 $3,039,678
2023 $74,300 $6,138,354 $3,158,277 $2,980,077
2022 $70,811 $6,017,995 $3,096,350 $2,921,645
2021 $69,956 $5,899,996 $3,035,638 $2,864,358
2020 $70,693 $5,839,500 $3,004,512 $2,834,988
2019 $67,839 $5,725,000 $2,945,600 $2,779,400
2018 $57,463 $4,761,973 $2,328,519 $2,433,454
2016 $54,963 $4,577,061 $2,238,100 $2,338,961
2015 $54,150 $4,508,310 $2,204,482 $2,303,828
2014 $35,107 $2,845,861 $1,536,946 $1,308,915
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 18-369768

The MLS

APN: 4422-020-010