NOT LISTED FOR SALE

1038 El Medio Place Pacific Palisades, CA 90272

Estimated Value: $1,756,000 - $3,365,505

3 Beds
3 Baths
2,257 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold November 10, 2015

Last sale price $2,450,000 $1,086 Per Sq Ft

Current estimated payment $15,972/month

163 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Wood Flooring
  • 19,974 Sq Ft lot
  • Traditional Architecture
  • Breakfast Area or Nook

About This Home

As of November 2015

Surprisingly beautiful views open up as you enter this 60's home with vaulted living room ceiling and large panes of glass overlooking expansive garden and distant city and ocean views. Garden wraps around entire house and garage and offers opportunity for expansion. Kitchen and baths were updated by current owner 3 years ago and property has been leased. Buyer to cooperate in a 1031 Exchange with no cost to Buyer. Downstairs has Formal dining with pass through to kitchen, laundry and family room with full bath so could be converted to 4th bedroom. Upstairs has Master, dressing room and bath, two additional family bedrooms and center hall bath.

Last Agent to Sell the Property

Paula Ross Jones

Sotheby's International Realty License #01157578 Listed on: 04/01/2015

Sotheby's International Realty

Co-Listed By

Giancarlo Ranaudo

Sotheby's International Realty License #01925620

Last Buyer's Agent

Mark Meyer

Nourmand & Associates-HW License #01155390

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,449

Year Built

  • Built in 1963

Lot Details

  • 0.46 Acre Lot
  • Property is zoned LARE40

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,257 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • Septic Tank

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4422-028-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,449

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: No
  • Living Area: 2257
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Carpet, Hardwood, Mixed, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1101.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Private Garage

Utilities

  • Heating: Central
  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 4422-028-014
  • Geocode Override: No
  • Lot Size Area: 19974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Hudson Andrew and Hudson Suzanne Perling
Bought by
Andrew E Hudson And Suzanne P Hudson Revocabl and Hudson
Current Estimated Value
$2,458,835

Purchase Details

Closed on
Apr 26, 2024
Sold by
Hudson Andrew and Hudson Suzanne Perling
Bought by
Andrew E Hudson And Suzanne P Hudson Revocabl and Hudson

Purchase Details

Listed on
Apr 1, 2015
Closed on
Oct 15, 2015
Sold by
1038 El Medio Place Llc
Bought by
Hudson Andrew and Hudson Suzanne Perling
Seller's Agent
Paula Ross Jones
Sotheby's International Realty
Buyer's Agent
Mark Meyer
Nourmand & Associates-HW
List Price
$2,280,000
Sold Price
$2,450,000
Premium/Discount to List
$170,000
7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$1,715,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2011
Sold by
Nahigian Ralph and Nahigian Norma
Bought by
1038 El Medio Place Llc

Purchase Details

Closed on
Sep 12, 2011
Sold by
Nahigian Ralph and Nahigian Norma
Bought by
Nahigian Thomas James and Nahigian Paul Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 21, 2011
Sold by
Nahigian Ralph
Bought by
Nahigian Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 2011
Sold by
Loganbill Susan S and The Janet J Millican Family Tr
Bought by
Nahigian Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Andrew E Hudson And Suzanne P Hudson Revocabl -- None Listed On Document
Andrew E Hudson And Suzanne P Hudson Revocabl -- None Listed On Document
Hudson Andrew $2,450,000 Chicago Title Company
1038 El Medio Place Llc -- None Available
Nahigian Thomas James -- None Available
Nahigian Ralph -- None Available
Nahigian Norma -- Usa National Title Ins Co
Nahigian Norma $1,270,000 Usa National Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrew E Hudson E $216,400
Previous Owner Hudson Andrew $1,715,000
Previous Owner Nahigian Norma $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2015 11/10/15 Sold $2,450,000 -1.4% $1,086 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
07/29/2015 07/29/15 Price Changed $2,485,000 -0.6% $1,101 / Sq Ft
05/21/2015 05/21/15 Price Changed $2,500,000 +9.6% $1,108 / Sq Ft
04/20/2015 04/20/15 For Sale $2,280,000 0.0% $1,010 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $2,280,000 -- $1,010 / 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 $34,449 $2,631,578 $2,397,189 $234,389
2024 $34,449 $2,843,431 $2,611,317 $232,114
2023 $33,776 $2,787,678 $2,560,115 $227,563
2022 $32,195 $2,733,018 $2,509,917 $223,101
2021 $31,809 $2,679,430 $2,460,703 $218,727
2019 $30,849 $2,599,959 $2,387,718 $212,241
2018 $30,734 $2,548,980 $2,340,900 $208,080
2016 $29,414 $2,450,000 $2,250,000 $200,000
2015 $16,118 $1,327,279 $1,149,612 $177,667
2014 $16,175 $1,301,280 $1,127,093 $174,187
Source: Public Records

Agents Affiliated with this Home

  • Paula Ross Jones

    Seller's Agent in 2015

    Paula Ross Jones

    Sotheby's International Realty

    (310) 880-9750

    5 in this area

    15 Total Sales

    Paula Ross Jones
    Section Image

  • G

    Seller Co-Listing Agent in 2015

    Giancarlo Ranaudo

    Sotheby's International Realty

    Section Image
  • Mark Meyer

    Buyer's Agent in 2015

    Mark Meyer

    Nourmand & Associates-HW

    (310) 365-8565

    35 Total Sales

    Mark Meyer
    Section Image
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Map

Source: The MLS

MLS Number: 15-892111

The MLS

APN: 4422-028-014

California Los Angeles County Pacific Palisades 90272

1038 El Medio Place, Pacific Palisades, CA

This home is located at 1038 El Medio Place, Pacific Palisades, CA 90272 since 01 April 2015 and is currently estimated at $2,458,835, approximately $1,089 per square foot. This property was built in 1963. 1038 El Medio Place is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Marquez Charter School, and Paul Revere Charter Middle School.

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