NOT LISTED FOR SALE

1027 Hartzell St Pacific Palisades, CA 90272

Estimated Value: $1,722,000 - $3,043,632

5 Beds
3 Baths
2,754 Sq Ft
$940/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $2,320,000 $842 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $16,634/month

120 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Mediterranean Architecture
  • Walk-In Closet

About This Home

As of December 2019

-AUCTION SALE- Perfect opportunity for someone to put their own imprint on this Palisades fixer or build their dream home in coveted Alphabet Streets neighborhood. Ideal location is just a few blocks from the recently completed Caruso project and the best shopping, dining and entertainment the Palisades has to offer. Two story home is in need of updating, but offers ample size and bed/bath count. Highlights of floor plan include living room with fireplace, dining space and upstairs Master Suite with high ceilings, spacious walk-in closet and balcony. Backyard is perfect for entertaining and features spacious pool/spa area, patio space and mature foliage/hedges . Please see private remarks for offer submission information and showing instructions.

Last Agent to Sell the Property

Phil Boroda

Coldwell Banker Realty License #00822192 Listed on: 07/22/2019

Coldwell Banker Realty

Last Buyer's Agent

Ryan Jancula

Compass License #01904981

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,698

Year Built

  • Built in 1937

Lot Details

  • 5,203 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,754 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

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 4423-012-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,698

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 2754
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: 1088

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 943.72

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4423-012-023
  • Geocode Override: No
  • Lot Size Area: 5203

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Nov 26, 2019
Sold by
The Bank Of New York Mellon
Bought by
Borow James and Borow Cristina Marie Grace
Seller's Agent
Phil Boroda
Coldwell Banker Realty
Buyer's Agent
Ryan Jancula
Compass
List Price
$3,625,900
Sold Price
$2,320,000
Premium/Discount to List
-$1,305,900
-36.02%
Current Estimated Value
$2,587,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,877
Avg. Annual Appreciation
3.88%
Original Mortgage
$1,705,200
Outstanding Balance
$1,476,002
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,411,209

Purchase Details

Closed on
May 23, 2019
Sold by
Bracco Lawrence J and Bracco Jennifer J
Bought by
Certificateholders Of Cwalt Inc Alternat and The Bank Of New York Mellon

Purchase Details

Closed on
Oct 29, 2004
Sold by
Brown Lloyd J and Salinger Brown Barbara
Bought by
Bracco Lawrence J

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
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Salinger Werner and Salinger Rosa
Bought by
Brown Lloyd J

Purchase Details

Closed on
Apr 25, 2002
Sold by
Brown Gary
Bought by
Brown Lloyd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
5.11%

Purchase Details

Closed on
Oct 5, 1999
Sold by
Brown Lisa
Bought by
Brown Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,250
Interest Rate
7.75%

Purchase Details

Closed on
Sep 17, 1999
Sold by
Marshi Gabriel N and Wood Marshi Sally
Bought by
Brown Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,250
Interest Rate
7.75%

Purchase Details

Closed on
Dec 27, 1995
Sold by
Lamb Robert Clayton and Mahan Lamb Nancy Ann
Bought by
Marshi Gabriel N and Wood Marshi Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.36%
Source: Public Records

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
Borow James $2,436,000 Old Republic Title Company
Certificateholders Of Cwalt Inc Alternat $2,700,000 Ticor Title
Bracco Lawrence J $1,605,000 Fidelity National Title Comp
Brown Lloyd J -- Fidelity National Title Comp
Brown Lloyd J $1,170,000 Investors Title Company
Brown Gary -- Equity Title Company
Brown Gary $987,000 Equity Title Company
Marshi Gabriel N $670,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borow James $1,705,200
Previous Owner Bracco Lawrence J $1,750,000
Previous Owner Bracco Lawrence J $120,000
Previous Owner Bracco Lawrence J $240,000
Previous Owner Bracco Lawrence J $1,424,000
Previous Owner Bracco Lawrence J $176,000
Previous Owner Bracco Lawrence J $1,000,000
Previous Owner Brown Lloyd J $877,500
Previous Owner Brown Gary $729,500
Previous Owner Brown Gary $740,250
Previous Owner Marshi Gabriel N $536,000
Closed Bracco Lawrence J $524,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $2,320,000 -10.7% $842 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $2,599,000 0.0% $944 / Sq Ft
11/06/2019 11/06/19 Price Changed $2,599,900 -13.3% $944 / Sq Ft
09/27/2019 09/27/19 Price Changed $2,999,900 -8.1% $1,089 / Sq Ft
08/19/2019 08/19/19 Price Changed $3,263,900 -10.0% $1,185 / Sq Ft
07/22/2019 07/22/19 For Sale $3,625,900 -- $1,317 / 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 $31,698 $1,385,342 $1,385,342 --
2024 $31,698 $2,611,879 $2,089,505 $522,374
2023 $31,080 $2,560,667 $2,048,535 $512,132
2022 $29,625 $2,510,459 $2,008,368 $502,091
2021 $29,266 $2,461,236 $1,968,989 $492,247
2019 $4,538 $2,048,057 $1,499,477 $548,580
2018 $24,288 $2,007,900 $1,470,076 $537,824
2016 $23,234 $1,929,933 $1,412,992 $516,941
2015 $22,891 $1,900,945 $1,391,768 $509,177
2014 $22,957 $1,863,709 $1,364,506 $499,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-491686

The MLS

APN: 4423-012-023