NOT LISTED FOR SALE

1027 Corsica Dr Pacific Palisades, CA 90272

Estimated Value: $7,142,000 - $13,209,221

7 Beds
8 Baths
6,670 Sq Ft
$1,505/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $11,000,000 $1,649 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $66,431/month

44 Days on Market

Highlights

  • In Ground Pool
  • Living Room with Fireplace
  • Wood Flooring
  • Maid or Guest Quarters
  • Traditional Architecture
  • No HOA

About This Home

As of October 2020

Nestled behind gates in the Pacific Palisades Riviera neighborhood, this stylish transitional traditional estate is surrounded by manicured landscaping & mature trees to offer the utmost privacy. Minutes from The Riviera Country Club, polo field, Will Rogers beach, canyon hiking trails and the iconic Santa Monica pier with endless shopping, dining & entertainment. Equipped with all the latest & greatest amenities, this exquisitely decorated home with interiors by Tracie Butler includes elegant living, dining & gourmet kitchen that blend seamlessly into your own private backyard paradise. Lush grounds with pool, spa, BBQ, Zen hanging swing and poolside outdoor dining with fireplace. Exquisite master suite includes chic walk-in closets with vanity, magnificent bath with freestanding tub and garden views.

Last Agent to Sell the Property

Rayni Williams

The Beverly Hills Estates License #01496786 Listed on: 08/18/2020

The Beverly Hills Estates

Co-Listed By

Branden Williams

The Beverly Hills Estates License #01774287

Last Buyer's Agent

Fred Bernstein

Westside Estate Agency Inc. License #01476689

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $140,846

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Property is zoned LARE11

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,670 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 8 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4408-006-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$140,846

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 6670
  • Lot Acreage: 0.3444
  • Lot Dimensions: 100x150
  • Stories: 2
  • Year Built: 2003
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Patio, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Built-Ins
  • Price Per S Q F T: 1724.14

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Driveway, Garage
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4408-006-014
  • Lot Size Area: 15000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2022
Sold by
Ajc Trust
Bought by
Ajc Irrevocable Nonexempt Trust and Dille
Current Estimated Value
$10,038,074

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 15, 2020
Sold by
Jackoway Michael Mulrooney and Sh Corsica House Trust
Bought by
Dille Kara Singleton and The Ajc Trust
Seller's Agent
Rayni Williams
The Beverly Hills Estates
Buyer's Agent
Fred Bernstein
Westside Estate Agency Inc.
List Price
$11,500,000
Sold Price
$11,000,000
Premium/Discount to List
-$500,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.92%

Purchase Details

Closed on
Jul 3, 2019
Sold by
Ambrosino Marie and The Sh Corsica House Trust
Bought by
Jackoway Michele Mulrooney and The Sh Corsica House Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,983,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2018
Sold by
Kaplan Neil
Bought by
Ambrosino Marie and The Sh Corsica House Trust

Purchase Details

Closed on
Feb 9, 2009
Sold by
Asher Ventures Llc
Bought by
Kaplan Neil and Kaplan Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2006
Sold by
Kaplan Neil
Bought by
Kaplan Neil and Kaplan Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,225,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2004
Sold by
Asher Ventures Llc
Bought by
Kaplan Neil and Kaplan Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2002
Sold by
Kaplan Maura Nielsen
Bought by
Kaplan Neil and Kaplan Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
5.96%

Purchase Details

Closed on
Jul 20, 2000
Sold by
Becker Seymour E
Bought by
Nielsen Maura and Nielsen Alisande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,000
Interest Rate
8.16%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ajc Irrevocable Nonexempt Trust -- None Listed On Document
Dille Kara Singleton $11,000,000 First American Title Company
Jackoway Michele Mulrooney -- Orange Coast Title Company
Ambrosino Marie $9,000,000 Lawyers Title
Kaplan Neil -- Accommodation
Kaplan Neil -- Accommodation
Kaplan Neil -- Fidelity Van Nuys
Kaplan Neil -- Fidelity Van Nuys
Kaplan Neil $2,000,000 Equity Title
Kaplan Maura Nielsen -- --
Nielsen Maura -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackoway Michele Mulrooney $4,983,000
Previous Owner 1026 Corsica Llc $500,000
Previous Owner Ambrosino Marie $7,000,000
Previous Owner Kaplan Neil $1,500,000
Previous Owner Kaplan Neil $1,000,000
Previous Owner Kaplan Neil $500,000
Previous Owner Kaplan Neil $2,225,000
Previous Owner Kaplan Neil $0
Previous Owner Kaplan Neil $1,000,000
Previous Owner Kaplan Neil $1,900,000
Previous Owner Nielsen Maura $978,000
Previous Owner Becker Seymour Edward $700,000
Closed Kaplan Neil $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $11,000,000 -4.3% $1,649 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $11,500,000 -- $1,724 / 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
2025 $140,846 $11,906,753 $8,659,457 $3,247,296
2024 $140,846 $11,673,288 $8,489,664 $3,183,624
2023 $138,070 $11,444,400 $8,323,200 $3,121,200
2022 $131,655 $11,220,000 $8,160,000 $3,060,000
2021 $130,103 $11,000,000 $8,000,000 $3,000,000
2019 $108,623 $9,180,102 $5,022,378 $4,157,724
2018 $45,894 $3,779,246 $2,648,641 $1,130,605
2016 $43,887 $3,632,495 $2,545,792 $1,086,703
2015 $43,242 $3,577,932 $2,507,552 $1,070,380
2014 $43,359 $3,507,846 $2,458,433 $1,049,413
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-619996

The MLS

APN: 4408-006-014