NOT LISTED FOR SALE

Estimated Value: $4,546,000 - $6,307,542

5 Beds
6 Baths
5,871 Sq Ft
$966/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $6,350,000 $1,082 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $39,218/month

22 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • 1.14 Acre Lot
  • Fitness Center
  • In Ground Pool
  • Maid or Guest Quarters

About This Home

As of November 2021

Uniquely situated on over an acre of land in the guard-gated Enclave neighborhood of Pacific Palisades, you will find this flawlessly remodeled 5900 sq ft Santa Barbara Spanish Masterpiece. This resort like property offers unmatched privacy and an exceptional flow from the moment you enter the grand 8-car motor court. Extraordinary architectural moments throughout, an open floor plan, soaring ceilings, and an abundance of natural light. 5 large en-suite bedrooms, including a master suite hideaway w/views, 2 large flexible rooms (1 up/1 down) that can be used as office/media/library or additional bedroom, an exquisite living room w/fireplace, a beautiful & spacious dining room w/attached butler's pantry, an incredible chefs kitchen with quartz countertops, SubZero Fridge & La Cornue range, opening onto a large family room. The massive grounds are landscaped for tremendous privacy and designed for grand scale entertaining with 2 separate patio areas, built-in BBQ, pool & spa w/waterfall, and a magnificent outside fireplace. Access to the Private Park (PDRA) w/playground and the Summit Club w/3 tennis courts, sport court, pool and spa. This smart home also offers a multi-camera security system and 3-car garage. Stunning!

Last Listed By

Linda Ferrari

Equity Union License #01949460 Listed on: 09/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,215

Year Built

  • Built in 2004

Lot Details

  • 1.14 Acre Lot
  • Property is zoned LARE15

HOA Fees

Parking

  • 3 Car Garage
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo
  • Canyon
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 5,871 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4431-039-019

Community Details

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Picnic Area
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,215

Year Built

Built in 2004

Lot Details

0

HOA Fees

$871 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 5871
  • Lot Acreage: 1.1383
  • Probate: No
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1047.52

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains, Tree Top, Peek-A-Boo, Ocean, Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Garage - 3 Car, Driveway - Combination
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Gated Community with Guard
  • Sewer: In Street

Association/Amenities

  • Amenities: Tennis Courts, Sport Court, Spa, Pool, Basketball Court, Picnic Area, Playground, Fitness Center

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Quarterly
  • HOA Fees: 846.00
  • HOA Fees: 75.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4431-039-019
  • Lot Size Area: 49584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 29, 2021
Sold by
Gve Holdings Llc
Bought by
Turf Andrew and Rosenberg Rachel
Seller's Agent
Linda Ferrari
Equity Union
Buyer's Agent
Marci Kays
Carolwood Estates
List Price
$6,150,000
Sold Price
$6,350,000
Premium/Discount to List
$200,000
3.25%
Total Days on Market
22
Current Estimated Value
$5,672,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$677,153
Avg. Annual Appreciation
-0.48%

Purchase Details

Listed on
Dec 23, 2016
Closed on
May 2, 2017
Sold by
Delsesto David N
Bought by
Gve Holdings
Seller's Agent
Cary Glenn
Main Beach Realty
Buyer's Agent
Linda Ferrari
Equity Union
List Price
$5,195,000
Sold Price
$4,750,000
Premium/Discount to List
-$445,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$1,000,000
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2015
Sold by
Dj Development Llc
Bought by
Delsesto David N and The February House Trust

Purchase Details

Closed on
Feb 16, 2011
Sold by
Dj Development Llc
Bought by
Dj Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,340,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 2011
Sold by
Kassam Amin and Kassam Greta
Bought by
Dj Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,340,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 3, 2009
Sold by
Damavandi Jeff
Bought by
Kassam Amin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,225,000
Interest Rate
5.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2007
Sold by
Damavandi Rashel and Damavandi Jeff
Bought by
Damavandi Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2002
Sold by
California Coast Homes Llc
Bought by
Damavandi Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,000
Interest Rate
6.52%
Mortgage Type
Unknown

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
Turf Andrew $6,350,000 Lawyers Title Company
Gve Holdings $4,750,000 First American Title Company
Delsesto David N $4,400,000 First American Title Company
Dj Development Llc -- Chicago Title Company
Dj Development Llc -- Chicago Title
Kassam Amin $4,575,000 Equity Title Los Angeles
Damavandi Jeff -- None Available
Damavandi Jeff $1,250,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turf Andrew $2,500,000
Closed Turf Andrew $2,500,000
Closed Turf Andrew $2,300,000
Previous Owner Gve Holdings $1,000,000
Previous Owner Gve Holdings Llc $1,000,000
Previous Owner Gve Holdings $1,000,000
Previous Owner Delsesto David N $1,966,000
Previous Owner Delsesto David N $2,000,000
Previous Owner Dj Development Llc $2,340,000
Previous Owner Kassam Amin $3,225,000
Previous Owner Damavandi Jeff $3,000,000
Previous Owner Damavandi Jeff $1,000,000
Previous Owner Damavandi Jeff $709,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $6,350,000 +3.3% $1,082 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $6,150,000 0.0% $1,048 / Sq Ft
09/29/2020 09/29/20 Rented $24,000 -4.0% --
08/21/2020 08/21/20 For Rent $25,000 0.0% --
05/17/2017 05/17/17 Sold $4,750,000 -4.9% $809 / Sq Ft
04/17/2017 04/17/17 Price Changed $4,995,000 -3.8% $851 / Sq Ft
12/23/2016 12/23/16 For Sale $5,195,000 -- $885 / 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 $80,215 $6,606,540 $4,681,800 $1,924,740
2023 $78,646 $6,477,000 $4,590,000 $1,887,000
2022 $74,967 $6,350,000 $4,500,000 $1,850,000
2021 $60,761 $5,092,959 $3,484,656 $1,608,303
2019 $58,982 $4,941,900 $3,381,300 $1,560,600
2018 $58,526 $4,845,000 $3,315,000 $1,530,000
2016 $53,731 $4,467,100 $2,842,700 $1,624,400
2015 $39,881 $3,304,614 $2,057,389 $1,247,225
2014 -- $3,239,882 $2,017,088 $1,222,794
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 21-772802

The MLS

APN: 4431-039-019