NOT LISTED FOR SALE

1031 Enchanted Way Pacific Palisades, CA 90272

Estimated Value: $2,125,000 - $8,989,000

5 Beds
5.5 Baths
7,607 Sq Ft
$860/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $16,199,000 $2,129 Per Sq Ft

Current estimated payment $45,892/month

1 Day on Market

Highlights

  • Ocean View
  • Tennis Courts
  • 0.85 Acre Lot
  • Guest House
  • In Ground Pool
  • Living Room with Fireplace

About This Home

As of April 2023

SOLD BEFORE PROCESSING, INPUT FOR COMP PURPOSES ONLY. 5 bed 5.5 bath 7,607 sq. ft. .85 acre lot. 2 APNs in Pacific Palisades with amazing ocean views. Incredible indoor and outdoor living with approx 8,000 outdoor square feet of living space. Complete with a gym, office, pool, basketball, paddle tennis/volleyball court, and putting green.

Last Agent to Sell the Property

Monique Contro-Navarro

The Agency License #01978781 Listed on: 04/11/2023

The Agency

Co-Listed By

Santiago Arana

The Agency License #01492489

Last Buyer's Agent

Emily Gaul

Christie's International Real Estate SoCal License #02117773

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,143

Year Built

  • Built in 2018

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 100x149
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Modern Architecture

Interior Spaces

  • 7,607 Sq Ft Home
  • 2-Story Property
  • Bar
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Home Gym
  • Wood Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Basketball Court
  • Covered Patio or Porch

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4419-003-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,143

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 7607
  • Lot Acreage: 0.8500
  • Lot Dimensions: 100x149
  • Stories: 2
  • Year Built: 2018
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room, Garage
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Dishwasher, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 2129.49

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court: Basketball, Paddle, Private
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4419-003-016
  • Lot Size Area: 36299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Jersey Girl Property Llc
Bought by
Jersey Girl Property Llc
Current Estimated Value
$6,539,074

Purchase Details

Closed on
Feb 9, 2023
Sold by
1031 Enchanted Lp
Bought by
Jersey Girl Property Llc

Purchase Details

Closed on
Aug 30, 2019
Sold by
Moalej Ahmad and Yaghmai Arrezou
Bought by
1031 Enchanted Lp

Purchase Details

Closed on
Aug 17, 2010
Sold by
Kangarloo Hooshang and Kangarloo Hooshang Kangarloo
Bought by
Yaghmai Arrezou

Purchase Details

Closed on
Mar 31, 2003
Sold by
Kangarloo Hooshang
Bought by
Kangarloo Hooshang and Hooshang Kangarloo Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,000
Interest Rate
5.73%

Purchase Details

Closed on
Oct 12, 1995
Sold by
Kangarloo Hooshang
Bought by
Kangarloo Hooshang and Hooshang Kangarloo Revocable Trust
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
Jersey Girl Property Llc -- None Listed On Document
1017 Enchanted Way Llc -- None Listed On Document
Jersey Girl Property Llc $10,000,000 Lawyers Title
1031 Enchanted Lp -- None Available
Moalej Ahmad -- None Available
Yaghmai Arrezou $1,201,012 Usa National Title Co
Yaghmai Arrezou -- Usa National Title Co
Kangarloo Hooshang -- Chicago Title Co
Kangarloo Hooshang -- Chicago Title Co
Kangarloo Hooshang -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1031 Enchanted Lp $5,000,000
Previous Owner 1031 Enchanted Lp $5,000,000
Previous Owner Yaghmai Arrezou $1,970,000
Previous Owner Kangarloo Hooshang $582,000
Previous Owner Kangarloo Hooshang $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $16,199,000 0.0% $2,129 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $16,199,000 -- $2,129 / 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 $123,143 $9,988,275 $3,116,862 $6,871,413
2024 $123,143 $10,200,000 $3,395,274 $6,804,726
2023 $36,133 $2,954,766 $1,557,754 $1,397,012
2022 $34,454 $2,896,830 $1,527,210 $1,369,620
2021 $34,024 $2,840,030 $1,497,265 $1,342,765
2020 $34,374 $2,810,910 $1,481,913 $1,328,997
2019 $33,002 $2,755,795 $1,452,856 $1,302,939
2018 $22,791 $1,874,761 $1,424,369 $450,392
2016 $21,797 $1,801,963 $1,369,060 $432,903
2015 $21,478 $1,774,897 $1,348,496 $426,401
2014 $21,543 $1,740,130 $1,322,081 $418,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-259373

The MLS

APN: 4419-003-016