$3,316,000 - $3,630,000
RENTED SEP 14, 2024

500 Salerno Dr Pacific Palisades, CA 90272

Pacific Palisades Neighborhood
4 Beds
3 Baths
3,516 Sq Ft
$1,000 Price per Sq Ft

Last Sold November 10, 2021

Last sale price $3,000,000 $853 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $22,751/month

About This Home

As of November 2021

This two story corner home is ideally located in the Marquez Knolls, beautifully manicured Zen lawn. The main floor offers great space, flowing from room to room. A front den/office area is tucked away just off the entry with a fireplace and lots of natural light. The formal living and dining room are adjacent to the kitchen with double doors offering privacy and distance from three downstairs bedrooms. The kitchen is fully equipped with stove/oven, fridge, dishwasher plus washer and dryer. The large primary suite is located upstairs with plentiful closet space and a spacious bathroom offering double sinks and an oversized tub & shower. Private balcony overlooking peeks of the ocean on clear days. Additional amenities include an elevator, outdoor built-in BBQ and a Koi Pond with a flowing water feature. There is separate living quarters above the 2-car detached garage with its own kitchen and full bathroom. Tenant pays all utilities except gardener, pets ok. Close to Marquez elementary with quick and easy access to the beach, parks, shops and restaurants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Oct 28, 2021
Sold by
Donald Dunn Vp Capital Bank & Trust Co
Bought by
500 Salerno Dr Llc
Seller's Agent
Amy Hollingsworth
Compass
Buyer's Agent
Fariba Bolour
Sotheby's International Realty
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%
Current Estimated Value
$3,517,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,722
Avg. Annual Appreciation
4.71%

Range of Values:

Collateral Analytics

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ICE

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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
500 Salerno Dr Llc $3,000,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2024 09/14/24 Rented $8,500 0.0% --
08/23/2024 08/23/24 Price Changed $8,500 -15.0% $2 / Sq Ft
07/24/2024 07/24/24 Price Changed $10,000 -9.1% $3 / Sq Ft
06/27/2024 06/27/24 Price Changed $11,000 -15.4% $3 / Sq Ft
06/22/2024 06/22/24 For Rent $13,000 0.0% --
11/10/2021 11/10/21 Sold $3,000,000 -6.1% $853 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $3,195,000 -- $909 / Sq Ft

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 $37,854 $3,121,200 $2,496,960 $624,240
2023 $37,114 $3,060,000 $2,448,000 $612,000
2022 $35,375 $3,000,000 $2,400,000 $600,000
2021 $19,641 $1,645,990 $922,903 $723,087
2020 $19,843 $1,629,113 $913,440 $715,673
2019 $19,049 $1,597,171 $895,530 $701,641
2018 $18,941 $1,565,855 $877,971 $687,884
2016 $18,098 $1,505,053 $843,879 $661,174
2015 $17,831 $1,482,447 $831,204 $651,243
2014 $17,884 $1,453,409 $814,922 $638,487
Source: Public Records

Agents Affiliated with this Home

  • Joshua Barre

    Seller's Agent in 2024

    Joshua Barre

    Westside Property Management Inc.

    (310) 400-6148

    1 in this area

    17 Total Sales

    Joshua Barre
    Section Image
  • Lori Hashman Berris

    Buyer's Agent in 2024

    Lori Hashman Berris

    Sotheby's International Realty

    (310) 880-3061

    123 Total Sales

    Lori Hashman Berris
    Section Image
  • Amy Hollingsworth

    Seller's Agent in 2021

    Amy Hollingsworth

    Compass

    (310) 230-2483

    15 in this area

    24 Total Sales

    Amy Hollingsworth
    Section Image
  • Jamie Leff

    Seller Co-Listing Agent in 2021

    Jamie Leff

    Compass

    (310) 339-3525

    15 in this area

    21 Total Sales

    Jamie Leff
    Section Image
  • Fariba Bolour

    Buyer's Agent in 2021

    Fariba Bolour

    Sotheby's International Realty

    (310) 666-2216

    2 in this area

    11 Total Sales

    Fariba Bolour
    Section Image
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Map

California Los Angeles County Pacific Palisades 90272 Pacific Palisades

500 Salerno Dr, Pacific Palisades, CA

Homes for Sale in Pacific Palisades, CA

This home is located at 500 Salerno Dr, Pacific Palisades, CA 90272 and is currently estimated at $3,517,722, approximately $1,000 per square foot. 500 Salerno Dr is a home located in Los Angeles County with nearby schools including Marquez Charter School, Paul Revere Charter Middle School, and Palisades Charter High.

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