NOT LISTED FOR SALE

Estimated Value: $6,573,000 - $8,984,212

5 Beds
3.5 Baths
4,012 Sq Ft
$1,942/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $9,700,000 $2,418 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $45,217/month

41 Days on Market

Highlights

  • Ocean View
  • Craftsman Architecture
  • Wood Flooring
  • Gated Parking
  • Living Room with Fireplace
  • No HOA

About This Home

As of January 2024

Located on one the most coveted and widest bluff streets in Pacific Palisades, this meticulously composed Craftsman-inspired home occupies the prized corner lot surrounded by endless ocean views and stunning mature trees. Distinguished by the inherent privacy of the locale, this custom designed residence encompasses five bedrooms and four bathrooms exuding warmth and character afforded by precise craftsmanship, artisanal detailing, high ceilings, majestic natural light, and beautiful landscaping. A perfect entertaining home - where the indoor-outdoor flow is in sync with the rhythm of the ocean, which is visible from nearly every vantage point, including the kitchen, family room, breakfast room, dining room, and primary suite. The home's rear grounds encompass an expansive and carefully landscaped lawn, while the separate guest suite off the detached and gated garage offers additional opportunities to host family and friends. A location that is enviable with close proximity to esteemed local schools, Temescal Canyon Park, and the shops, restaurants, and markets of Palisades Village. This truly is a rarefied offering where the pedigree of architecture, design, craftsmanship, location, and spectacular ocean views come together perfectly.

Last Listed By

Lisa Optican

Carolwood Estates License #01960751 Listed on: 10/20/2023

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,752

Year Built

  • Built in 1952

Lot Details

  • 9,054 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Property is zoned LAR1

Property Views

  • Ocean
  • Coastline

Home Design

  • Craftsman Architecture

Interior Spaces

  • 4,012 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Entryway
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4413-008-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,752

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4012
  • Lot Acreage: 0.2079
  • Lot Dimensions: 60x150
  • Stories: 2
  • Year Built: 1952
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Carpet, Tile, Stone Tile
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Refrigerator, Range/Oven, Dryer, Washer
  • Price Per S Q F T: 2392.82

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Gated, Garage Is Detached, Private
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4413-008-001
  • Lot Size Area: 9054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 8, 2023
Sold by
Six Soleils Trust
Bought by
Kelly Robert W and Palmer Anne Emerich
Seller's Agent
Lisa Optican
Carolwood Estates
Buyer's Agent
Susan Perryman
Carolwood Estates
List Price
$9,600,000
Sold Price
$9,700,000
Premium/Discount to List
$100,000
1.04%
Total Days on Market
41
Views
189
Current Estimated Value
$7,791,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,908,596
Avg. Annual Appreciation
-15.51%
Original Mortgage
$7,760,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Chapus Jean Marc and Chapus Victoria E
Bought by
Chapus Victoria E and Six Soleils Trust

Purchase Details

Closed on
Mar 30, 2006
Sold by
Chapus Jean Marc and Chapus Victoria
Bought by
Chapus Jean Marc

Purchase Details

Closed on
May 1, 2003
Sold by
Chapus Jean Marc and Chapus Victoria C
Bought by
Chapus Jean Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,015,000
Interest Rate
4.75%

Purchase Details

Closed on
Jul 12, 1996
Sold by
Chapus Jean Marc
Bought by
Chapus Jean Marc and Chapus Victoria C

Purchase Details

Closed on
Aug 9, 1994
Sold by
Bennett Stephanie
Bought by
Chapus Jean Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
3.75%

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
Kelly Robert W $9,700,000 Equity Title
Chapus Victoria E -- None Available
Chapus Jean Marc -- None Available
Chapus Jean Marc -- Provident Title Company
Chapus Jean Marc -- --
Chapus Jean Marc $910,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Robert W $7,760,000
Previous Owner Chapus Jean Marc $2,015,000
Previous Owner Chapus Jean Marc $2,015,000
Previous Owner Chapus Jean Marc $728,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $9,700,000 +1.0% $2,418 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $9,600,000 -- $2,393 / 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 $21,752 $1,779,488 $936,516 $842,972
2023 $21,332 $1,744,597 $918,153 $826,444
2022 $20,339 $1,710,390 $900,150 $810,240
2021 $20,082 $1,676,853 $882,500 $794,353
2019 $19,478 $1,627,119 $856,326 $770,793
2018 $19,386 $1,595,216 $839,536 $755,680
2016 $18,529 $1,533,274 $806,937 $726,337
2015 $18,257 $1,510,244 $794,817 $715,427
2014 $18,314 $1,480,661 $779,248 $701,413
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-322537

The MLS

APN: 4413-008-001