NOT LISTED FOR SALE

Estimated Value: $3,070,500 - $3,534,000

3 Beds
3 Baths
2,199 Sq Ft
$1,530/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $3,140,000 $1,428 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $21,964/month

39 Days on Market

Highlights

  • Ocean View
  • Auto Driveway Gate
  • Contemporary Architecture
  • Gourmet Kitchen
  • Open Floorplan
  • Engineered Wood Flooring

About This Home

As of August 2023

Newly Priced - best value in Castellamare. This gated, private warm contemporary residence was thoughtfully re-envisioned and renovated in 2015. Situated in Pacific Palisades' architecturally significant Castellamare community and redesigned to deliver the Southern California indoor/outdoor lifestyle. The living areas are open, spacious and perfect for entertaining, and bathed in natural light with skylights, Fleetwood doors and custom windows, wide plank floors and updated systems throughout. Oversized windows showcase captivating views with a touch of ocean and city lights. A modern designer kitchen with extensive storage includes stainless steel Viking appliances (with double convection oven), Caesarstone countertops, a center island with seating, and a rare pantry area. An inviting primary suite with two closet areas overlooks the grass yard and spa-style bath area. The main level also offers a sparkling 2nd guest suite and balcony to take in the views. The lower entry level features the large 3rd bedroom with custom closet additions and bath area with an oversized shower. Retreat to the covered patio area with a serene water feature or relax in the private lushly landscaped fenced yard. Other amenities include a sparking 2-car garage (with Tesla car charger) and 3 additional exterior parking spaces, built-in cabinets, custom wine storage unit and security system. This privacy-gated, extraordinary turnkey residence is perfectly located - walk to Castellamare Beach/PCH, Los Liones hiking and biking trails, close to Palisades Village/ Santa Monica/Malibu shopping and restaurants and all the Westside has to offer.

Last Listed By

Kim Pfeiffer

Compass License #01047570 Listed on: 06/02/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,982

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 5,614 Sq Ft Lot
  • Lot Dimensions are 72x78
  • East Facing Home
  • Fenced Yard
  • Gated Home
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Parking Storage or Cabinetry
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Auto Driveway Gate
  • Guest Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Marina
  • Coastline
  • Lagoon
  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 2,199 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Skylights in Kitchen
  • Recessed Lighting
  • Garden Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Underground Utilities
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street
  • Sewer on Bond
  • Cable TV Available

Community Details

  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 4416-024-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,982

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Castellamare Mesa
  • Living Area: 2199
  • Lot Acreage: 0.1289
  • Lot Dimensions: 72x78
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1962
  • Builders Tract Name: Castellamare
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Open Floor Plan, Recessed Lighting, Storage Space, Turnkey, Living Room Balcony, High Ceilings (9 Feet+), Pre-wired for high speed Data
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile, Engineered Hardwood
  • Appliances: Built-Ins, Cooktop - Gas, Oven-Gas, Double Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower and Tub, Sunken Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Island, Quartz Counters, Skylight(s), Remodeled, Open to Family Room, Pantry, Gourmet Kitchen
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Gas Dryer Hookup, Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 1452.93
  • Windows: Garden Window, Skylights

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony, Custom Built, Sliding Glass Doors
  • Other Structures: None
  • Fence: Wood, Privacy
  • Patio: Concrete Slab, Covered, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: Tree Top, Marina, Water, Ocean, Trees/Woods, Lagoon, Mountains, Green Belt, City Lights, Coastline, Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Attached, Built-In Storage, Controlled Entrance, Direct Entrance, Door Opener, Driveway, Driveway - Concrete, Gated, Garage Is Attached, Garage - 2 Car, Electric Vehicle Charging Station(s), Driveway Gate, Private, Private Garage, Side By Side, Parking for Guests - Onsite
  • Total Parking: 5

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Prewired for alarm system, Leased, Gated, Automatic Gate, Smoke Detector, Fire and Smoke Detection System, Carbon Monoxide Detector(s)
  • Sewer: In Street, On Bond, In Street Paid
  • Water: District, Meter on Property, Public, Water District

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 16.66
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Front, Rear, Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4416-024-044
  • Lot Description: Back Yard, Automatic Gate, Fenced, Fenced Yard, Landscaped, Lawn, Lot Shape-Irregular, Yard, Utilities Underground, Street Paved, Storm Drains, Single Lot, Front Yard, Curbs
  • Lot Location: Greenbelt, Corner Lot
  • Lot Size Area: 5614

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 19, 2023
Sold by
Cici 3 Real Estate Holdings
Bought by
Gowhari Reza and Farajzadeh Maryam
Seller's Agent
Kim Pfeiffer
Compass
Buyer's Agent
F Eslamieh
Realty E Group, Inc
List Price
$3,195,000
Sold Price
$3,140,000
Premium/Discount to List
-$55,000
-1.72%
Total Days on Market
39
Views
132
Current Estimated Value
$3,365,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,125
Avg. Annual Appreciation
4.13%
Original Mortgage
$2,355,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2015
Closed on
Apr 22, 2015
Sold by
Lemelson Robert B
Bought by
Cici #3 Real Estate Holdings
Seller's Agent
Alex Brunkhorst
Compass
Buyer's Agent
Susan Saul
Compass
List Price
$2,495,000
Sold Price
$2,320,000
Premium/Discount to List
-$175,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
May 2, 2014
Sold by
Lemelson Robert B and Morse Susan M
Bought by
Lemelson Robert B

Purchase Details

Closed on
May 5, 2006
Sold by
Straits Lloyd A and Straits Ruth L
Bought by
Lemelson Robert B and Morse Susan M

Purchase Details

Closed on
May 23, 2000
Sold by
Straits Lloyd A and Straits Lloyd A Ruth L
Bought by
Straits Lloyd A and Straits Ruth L

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
Gowhari Reza $3,140,000 Consumers Title Company
Cici #3 Real Estate Holdings $2,320,000 Equity Title
Lemelson Robert B -- None Available
Lemelson Robert B $1,729,000 Chicago Title Co
Straits Lloyd A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowhari Reza $1,900,000
Closed Gowhari Reza $2,355,000
Closed Gowhari Reza $2,355,000
Previous Owner Straits Lloyd A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $3,140,000 -1.7% $1,428 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $3,195,000 0.0% $1,453 / Sq Ft
11/05/2020 11/05/20 Rented $12,500 0.0% --
10/19/2020 10/19/20 Under Contract -- -- --
06/17/2020 06/17/20 For Rent $12,500 0.0% --
05/06/2015 05/06/15 Sold $2,320,000 -7.0% $1,055 / Sq Ft
03/06/2015 03/06/15 For Sale $2,495,000 -- $1,135 / 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 $37,982 $3,140,000 $2,512,000 $628,000
2023 $32,460 $2,680,012 $1,691,875 $988,137
2022 $30,937 $2,627,463 $1,658,701 $968,762
2021 $30,567 $2,575,945 $1,626,178 $949,767
2019 $29,643 $2,499,544 $1,577,946 $921,598
2018 $29,554 $2,450,534 $1,547,006 $903,528
2016 $28,285 $2,355,379 $1,486,935 $868,444
2015 $23,642 $1,965,643 $1,572,563 $393,080
2014 $21,747 $1,766,000 $1,412,000 $354,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-276459

The MLS

APN: 4416-024-044