NOT LISTED FOR SALE

Estimated Value: $7,131,695 - $7,840,000

6 Beds
6 Baths
6,601 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $5,585,000 $846 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $48,312/month

70 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Cape Cod Architecture
  • Projection Room
  • Gourmet Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of October 2017

This beautifully crafted Clark Remington, Cape Cod is perfectly sited between the bluffs and the village on one of the Palisades' most coveted streets. In addition to its 6 beds & 5.5 baths, the home has a spectacular cook's kitchen w/ Pro Viking & Sub-Zero appliances, 2 dishwashers, warming drawer, butler's station, wine fridge & a lovely mix of marble & wood surfaces. On the main floor is an office, formal living & family rooms w/ coffered ceilings & elegant wood details. The luxurious master suite w/ its balcony overlooking the backyard has access to a rooftop deck w/ ocean views & sublime sea breezes. The basement is bathed in natural light w/ 2 guest suites, gym, theatre & massive entertaining area w/ wet-bar. In the backyard, a gorgeous salt water pool w/ cascading spa offers quintessential California living. This highly intelligent home is equipped w/ a home automation system, is wired for sound w/ additional features that include a central vacuum & water filtration system.

Last Listed By

Mark Mintz

Compass License #01859203 Listed on: 07/26/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,370

Year Built

  • Built in 2008

Lot Details

  • 6,994 Sq Ft Lot
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo
  • Hills

Home Design

  • Cape Cod Architecture
  • Split Level Home

Interior Spaces

  • 6,601 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Projection Room
  • Home Theater
  • Home Office
  • Game Room with Fireplace
  • Home Gym
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association
  • Built by Clark Remington

Listing and Financial Details

  • Assessor Parcel Number 4412-017-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,370

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Builder Name: Clark Remington
  • Living Area: 6601
  • Stories: 3
  • Year Built: 2008
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Game Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Fireplaces: 4
  • Full Bathroom: 4
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Island, Pantry
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Water Filter, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 908.20

Exterior Features

  • Other Features: Balcony, Custom Built, French Doors, Sliding Glass Doors, Sprinkler System
  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Salt/Saline, Waterfall
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Hills, Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4412-017-026
  • Geocode Override: No
  • Lot Size Area: 6994

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2017
Closed on
Oct 11, 2017
Sold by
Canis Eximius Llc
Bought by
533 Vdlp Llc
Seller's Agent
Mark Mintz
Compass
Buyer's Agent
Santiago Arana
The Agency
List Price
$5,995,000
Sold Price
$5,585,000
Premium/Discount to List
-$410,000
-6.84%
Total Days on Market
70
Current Estimated Value
$7,530,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,945,565
Avg. Annual Appreciation
3.71%

Purchase Details

Listed on
Aug 12, 2014
Closed on
Sep 9, 2014
Sold by
Prager Marlin I
Bought by
Canis Eximius Llc
Seller's Agent
Alexandra Pfeifer
Sotheby's International Realty
Buyer's Agent
Alexandra Pfeifer
Sotheby's International Realty
List Price
$4,550,000
Sold Price
$4,400,000
Premium/Discount to List
-$150,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$2,860,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2011
Sold by
Wadsworth Stephen H and Riggs Lora Michelle
Bought by
Prager Marlin I and Prager Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2003
Sold by
Wadsworth Stephen H and Wadsworth Lora Riggs
Bought by
Wadsworth Stephen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2001
Sold by
Wadsworth Stephen H and Wadsworth Lora Riggs
Bought by
Wadsworth Stephen H

Purchase Details

Closed on
Apr 19, 1999
Sold by
Trust Loftus Kathleen S Tr Loftus Family
Bought by
Wadsworth Stephen Hart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
7.1%

Purchase Details

Closed on
Jun 30, 1992
Sold by
Trust Loftus Kathleen S Tr Loftus Family
Bought by
Loftus Kathleen S and Loftus Family Trust

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
533 Vdlp Llc $5,585,000 None Available
Canis Eximius Llc $4,400,000 Title 365 Company
Prager Marlin I $3,999,000 Usa National Title
Wadsworth Stephen H -- New Century Title Company
Wadsworth Stephen H -- --
Wadsworth Stephen H -- --
Wadsworth Stephen Hart $740,000 Lawyers Title Company
Loftus Kathleen S -- --
Loftus Kathleen S -- --
Loftus Kathleen S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Canis Eximius Llc $2,860,000
Previous Owner Prager Marlin I $1,825,000
Previous Owner Prager Marlin I $1,100,000
Previous Owner Wadsworth Stephen H $396,000
Previous Owner Wadsworth Stephen H $567,500
Previous Owner Wadsworth Stephen Hart $592,000
Closed Wadsworth Stephen H $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $5,585,000 -6.8% $846 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $5,995,000 +36.3% $908 / Sq Ft
10/15/2014 10/15/14 Sold $4,400,000 -3.3% $667 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/12/2014 08/12/14 For Sale $4,550,000 -- $689 / 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 $75,370 $6,230,169 $3,776,030 $2,454,139
2023 $73,890 $6,108,010 $3,701,991 $2,406,019
2022 $70,419 $5,988,246 $3,629,403 $2,358,843
2021 $69,566 $5,870,831 $3,558,239 $2,312,592
2019 $67,459 $5,696,700 $3,452,700 $2,244,000
2018 $67,269 $5,585,000 $3,385,000 $2,200,000
2016 $53,612 $4,467,100 $3,959,475 $507,625
2015 $52,819 $4,400,000 $3,900,000 $500,000
2014 $50,234 $4,097,498 $2,561,577 $1,535,921
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 17-253338

The MLS

APN: 4412-017-026