NOT LISTED FOR SALE

Estimated Value: $4,727,642 - $5,336,000

4 Beds
3 Baths
3,856 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $5,000,000 $1,297 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $33,361/month

16 Days on Market

Highlights

  • White Water Ocean Views
  • Great Room with Fireplace
  • No HOA
  • Colonial Architecture
  • Wood Flooring
  • Patio

About This Home

As of April 2022

Likened to the Amalfi Coast is this exclusive coastal enclave of the Pacific Palisades known as Castellammare. This meticulously restored 1930 Mediterranean Spanish Colonial Revival offers glorious ocean views from almost every room. Upon entering, you are greeted on the left by the great room featuring soaring 16 foot wood beamed ceilings, oversized fireplace, arched niches, and French doors opening to sweeping ocean view terraces. To the right is the entertaining/media room with custom Jade onyx and Makassar Ebony zebra wood bar under a domed art deco ceiling. Southeast facing kitchen is bright opening to breakfast area and panoramic ocean view balcony. The restful and romantic main bedroom features a large skylit bathroom and private covered balcony with spectacular white water views up and down the coast. Authentic tiled courtyard with calming Roman fountains, outdoor fireplace and arched covered alfresco dining and entertaining provides yet another outdoor living space. If you cannot drink in enough of the spectacular ocean views, put your feet in the sand by the easily accessible pedestrian bridge to exclusive Castle Rock Beach.

Last Listed By

James Respondek

Rodeo Realty - Pacific Palisades License #00713972 Listed on: 03/03/2022

Rodeo Realty - Pacific Palisades

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,823

Year Built

  • Built in 1930

Lot Details

  • 3,757 Sq Ft Lot
  • Lot Dimensions are 60x62
  • Property is zoned LAR1

Parking

  • 2 Parking Spaces

Property Views

  • White Water Ocean
  • Panoramic
  • Mountain

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,856 Sq Ft Home
  • 3-Story Property
  • Great Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4416-013-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,823

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 3856
  • Lot Acreage: 0.0862
  • Lot Dimensions: 60x62
  • Stories: 3
  • Year Built: 1930
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Patio, Great Room
  • Flooring: Wood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 1238.33

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: White Water, Ocean, Panoramic, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4416-013-007
  • Lot Size Area: 3757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 15, 2022
Sold by
John A Howell Iv Trust
Bought by
Khosla Rachna and Fletcher John R
Seller's Agent
James Respondek
Rodeo Realty - Pacific Palisades
Buyer's Agent
Alisha Blanchard
Douglas Elliman of California, Inc.
List Price
$4,775,000
Sold Price
$5,000,000
Premium/Discount to List
$225,000
4.71%
Total Days on Market
16
Current Estimated Value
$5,039,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,214
Avg. Annual Appreciation
0.26%
Original Mortgage
$3,500,000
Outstanding Balance
$3,302,692
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$1,736,522

Purchase Details

Closed on
Jul 25, 2019
Sold by
Shilton Albert R and Shilton Victoria E
Bought by
Howell John A and Howell Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,537,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2011
Sold by
Shilton Albert and Shilton Victoria
Bought by
Shilton Albert R and Shilton Victoria E

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
Khosla Rachna $5,000,000 Progressive Title
Howell John A $3,625,000 Lawyers Title
Shilton Albert R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khosla Raehna $3,500,000
Closed Khosla Rachna $3,500,000
Previous Owner Howell John A $2,537,500
Previous Owner Shilton Albert R $1,250,000
Previous Owner Shilton Albert $931,000
Previous Owner Shilton Albert R $300,000
Previous Owner Shilton Albert $1,245,000
Previous Owner Shilton Albert $1,250,000
Previous Owner Shilton Albert $750,000
Previous Owner Shilton Albert $500,000
Previous Owner Shilton Albert $450,000
Previous Owner Shilton Albert $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $5,000,000 +4.7% $1,297 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $4,775,000 +31.7% $1,238 / Sq Ft
09/27/2019 09/27/19 Sold $3,625,000 -1.9% $940 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $3,695,000 0.0% $958 / Sq Ft
04/26/2016 04/26/16 Rented $13,000 -3.7% --
04/15/2016 04/15/16 Price Changed $13,500 -6.9% $4 / Sq Ft
03/16/2016 03/16/16 For Rent $14,500 -- --
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 $62,823 $5,201,999 $2,718,149 $2,483,850
2023 $61,672 $5,100,000 $2,664,852 $2,435,148
2022 $44,041 $3,735,804 $2,169,446 $1,566,358
2021 $43,510 $3,662,554 $2,126,908 $1,535,646
2019 $12,699 $1,049,039 $777,075 $271,964
2018 $12,629 $1,028,471 $761,839 $266,632
2016 $12,052 $988,535 $732,256 $256,279
2015 $11,877 $973,687 $721,257 $252,430
2014 $11,914 $954,615 $707,129 $247,486
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 22-133097

The MLS

APN: 4416-013-007