NOT LISTED FOR SALE

1037 Corsica Dr Pacific Palisades, CA 90272

Estimated Value: $4,092,000 - $11,789,885

3 Beds
2 Baths
2,801 Sq Ft
$2,459/Sq Ft Est. Value

About This Home

This home is located at 1037 Corsica Dr, Pacific Palisades, CA 90272 and is currently estimated at $6,887,721, approximately $2,459 per square foot. 1037 Corsica Dr is a home located in Los Angeles County with nearby schools including Canyon Charter Elementary, Palisades Charter Elementary, and Paul Revere Charter Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2003
Sold by
Bernet Mervyn E
Bought by
Bernet Mervyn E and The Mervyn E Bernet Trust
Current Estimated Value
$6,887,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2001
Sold by
Benjamin Christian Arakel and Benjamin Sally Jo Nicol
Bought by
Bernet Mervyn E

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
7.15%

Purchase Details

Closed on
Apr 18, 2000
Sold by
Trust Benjamin Arakel Tr Benjamin Family
Bought by
Benjamin Arakel and Arakel Benjamin Qualified Personal Resid

Purchase Details

Closed on
Jul 6, 1995
Sold by
Benjamin Arakel and Benjamin Louise
Bought by
Benjamin Arakel
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bernet Mervyn E -- Fidelity National Title
Bernet Mervyn E -- Equity Title Company
Benjamin Arakel -- --
Benjamin Arakel -- --
Benjamin Arakel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernet Mervyn E $2,071,302
Closed Bernet Mervyn E $2,037,000
Closed Bernet Mervyn E $2,000,000
Closed Bernet Mervyn E $1,000,000
Closed Bernet Mervyn E $900,000
Closed Bernet Mervyn E $1,110,000
Closed Bernet Mervyn E $500,000
Closed Bernet Mervyn E $1,000,000
Closed Bernet Mervyn E $300,000
Source: Public Records

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 $44,054 $3,672,126 $2,168,676 $1,503,450
2024 $44,054 $3,600,124 $2,126,153 $1,473,971
2023 $43,200 $3,529,534 $2,084,464 $1,445,070
2022 $41,194 $3,460,329 $2,043,593 $1,416,736
2021 $40,677 $3,392,480 $2,003,523 $1,388,957
2019 $39,457 $3,291,859 $1,944,099 $1,347,760
2018 $39,210 $3,227,314 $1,905,980 $1,321,334
2016 $37,481 $3,101,995 $1,831,969 $1,270,026
2015 $36,930 $3,055,402 $1,804,452 $1,250,950
2014 $32,030 $2,596,721 $1,769,106 $827,615
Source: Public Records

Map

California Los Angeles County Pacific Palisades 90272

1037 Corsica Dr, Pacific Palisades, CA

This home is located at 1037 Corsica Dr, Pacific Palisades, CA 90272 and is currently estimated at $6,887,721, approximately $2,459 per square foot. 1037 Corsica Dr is a home located in Los Angeles County with nearby schools including Canyon Charter Elementary, Palisades Charter Elementary, and Paul Revere Charter Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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