$4,250,000
SOLD JUN 27, 2014

1060 El Medio Place Pacific Palisades, CA 90272

4 Beds
3.5 Baths
5,234 Sq Ft
0.49 Acres

Recently Sold

$812 Per Sq Ft

15% Below List Price

72 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Wine Cellar
  • 21,335 Sq Ft lot
  • Breakfast Area or Nook

About This Home

As of June 2017

Not just a home - an architectural statement. Strikingly bold and sophisticated newly completed home designed by James Blakely III and renowned Scrafano architects. Spectacular views of ocean, Queen's necklace coastline, city and mountains. Contemporary saltwater pool and spa. Dramatic interior spaces between outdoor courtyards defined by natural rock formations with native vegetation, creatively landscaped by Mark Tessier. Master suite commands the entire second floor, taking full advantage of the unobstructed views. Additionally, a cozy fireplace, two balconies and steam rain shower. The kitchen offers top-of-the-line appliances - a chef's dream. Meticulous attention to detail; built for the clientele with the most discriminating of taste.

Last Agent to Sell the Property

Robert Radcliffe

Sotheby's International Realty License #01132704 Listed on: 03/10/2014

Sotheby's International Realty

Last Buyer's Agent

GLORIA CARMONA

Compass License #01832843

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,766

Year Built

  • Built in 2009

Lot Details

  • 0.49 Acre Lot
  • Property is zoned LARE40

Parking

  • Attached Garage

Property Views

  • Ocean
  • City Lights
  • Mountain
  • Pool

Interior Spaces

  • 5,234 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Security System Owned
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Sewer in Street
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 4422-028-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,766

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 5234
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2009
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Family Room, Gas, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Stone
  • Bedrooms: 4
  • Fireplaces: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Microwave, Phone System, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 858.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • Roof: Rock
  • Spa: Hot Tub, Private
  • Spa Yn: Yes
  • View: City Lights, Mountains, Ocean, Pool, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage, Private Garage

Utilities

  • Cooling: Multi/Zone
  • Heating: Central
  • Security: Owned, T.V.
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4422-028-028
  • Geocode Override: No
  • Lot Size Area: 21335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 28, 2017
Sold by
Kalamata Productions Llc
Bought by
Chemla Marc E and Daggett Jennifer Lynn
Seller's Agent
GLORIA CARMONA
Compass
Buyer's Agent
Frank Langen
DPP
List Price
$5,349,000
Sold Price
$4,925,000
Premium/Discount to List
-$424,000
-7.93%
Current Estimated Value
$5,195,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,106
Avg. Annual Appreciation
0.65%
Original Mortgage
$2,425,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jun 4, 2014
Sold by
Davis J Kenneth C and The Davis Randazzo Trust
Bought by
Kalamata Productions Llc
Seller's Agent
Robert Radcliffe
Sotheby's International Realty
Buyer's Agent
GLORIA CARMONA
Compass
List Price
$4,999,000
Sold Price
$4,250,000
Premium/Discount to List
-$749,000
-14.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$2,125,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 10, 2014
Closed on
May 21, 2014
Sold by
Davis Kenneth C and Randazzo Samuel G
Bought by
Davis Kenneth C and The Davis Randazzo Trust
Seller's Agent
Robert Radcliffe
Sotheby's International Realty
Buyer's Agent
GLORIA CARMONA
Compass
List Price
$4,999,000
Sold Price
$4,250,000
Premium/Discount to List
-$749,000
-14.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 12, 2005
Sold by
Randazzo Samuel G and Samuel Randazzo Trust
Bought by
Randazzo Samuel G and Samuel Randazzo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,749,854
Interest Rate
5.5%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 28, 2003
Sold by
Davis Kenneth C and Randazzo Samuel G
Bought by
Davis Kenneth C and Cam Davis Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,928,000
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 12, 2002
Sold by
Randazzo Samuel G and Samuel Randazzo Trust
Bought by
Davis Kenneth C and Randazzo Samuel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 19, 2000
Sold by
Randazzo Samuel G
Bought by
Randazzo Samuel G and The Samuel R Randazzo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 17, 2000
Sold by
Davis Kenneth C
Bought by
Davis Kenneth C and The Cam Davis Trust

Purchase Details

Closed on
Feb 25, 2000
Sold by
Davis Kenneth C and Randazzo Samuel G
Bought by
Davis Kenneth C and Randazzo Samuel G

Purchase Details

Closed on
Jun 15, 1999
Sold by
Davis Kenneth C and Randazzo Samuel G
Bought by
Davis Kenneth C and Randazzo Samuel G

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
7.37%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Davis Kenneth C
Bought by
Davis Kenneth C and Randazzo Samuel G
Source: Public Records

Similar Homes in the area

  • 712 Muskingum Ave, Pacific Palisades, CA 90272

    $3,290,000

    • 3 Beds
    • 3 Baths
    • 2,053 Sq Ft
    • 712 Muskingum Ave
    • Pacific Palisades, CA

    Idyllic Pacific Palisades traditional home with views of the Santa Monica Mountains, located on a quiet tree-lined street. Exceptional curb appeal, amazing location, and excellent floor plan; this 3-bed, 3-bath abode has it all. Open living spaces on the main level include the dining area, living room with fireplace, and den/family room. The galley kitchen with stainless steel appliances connects

    Raymond Dominguez Engel & Völkers

    Section Image
  • 16647 Charmel Ln, Pacific Palisades, CA 90272

    $3,999,999

    • 4 Beds
    • 4 Baths
    • 3,357 Sq Ft
    • 16647 Charmel Ln
    • Pacific Palisades, CA

    Beautiful Mid-Century Fixer with Breathtaking Ocean Views in Marquez Knolls! Perched in the highly sought-after Marquez Knolls neighborhood, this fabulous mid-century home offers expansive ocean views and timeless architectural charm. Unaffected by recent fires, the property remains a true original offering peace of mind and solid value in one of the most desirable pockets of the Palisades.

    Lauren Foster Coldwell Banker Realty

    Section Image
  • 720 Chapala Dr, Pacific Palisades, CA 90272

    $4,350,000

    • 4 Beds
    • 4 Baths
    • 3,491 Sq Ft
    • 720 Chapala Dr
    • Pacific Palisades, CA

    The only home on the block to survive the fire, this 1929 Spanish classic is ready to welcome a new steward to refresh, renew and make it ready to be the standard bearer of recovery in this prestigious Huntington Palisades location. Features include wood floors, graceful arches, coved ceilings, wrought iron gate and banister, and classic period tiles in the bathrooms. A versatile layout with

    Ellen McCormick Berkshire Hathaway HomeServices California Properties

    Section Image
  • 14941 Pampas Ricas Blvd, Pacific Palisades, CA 90272

    $5,198,000

    • 6 Beds
    • 8 Baths
    • 11,545 Sq Ft
    • 14941 Pampas Ricas Blvd
    • Pacific Palisades, CA

    Elegant family estate ready to break ground in the heart of Huntington Palisades. This oversized 12,071 sq ft corner lot will be delivered with Ready To Issue permits for a 11,545 square foot home. Fantastic two-story entry will open to living room, dining room, kitchen/great room, pantry, family room, office, 800 square foot attached ADU, covered patio overlooking pool and powder room all on

    Simon Beardmore Sotheby's International Realty

    Section Image
  • 17001 Bollinger Dr, Pacific Palisades, CA 90272

    $3,595,000

    • 5 Beds
    • 4 Baths
    • 3,200 Sq Ft
    • 17001 Bollinger Dr
    • Pacific Palisades, CA

    Located in the coveted and family-friendly neighborhood of Marquez Knolls, this renovated and recently expanded home (2015) nestled on a large flat peaceful corner lot (hard to come across), is the ideal spot to call home! Take in the views of the most peaceful field from the backyard (which is perfect for entertaining!) as well as the master suite which has vaulted ceilings, private balcony,

    Jacqueline Chernov The Beverly Hills Estates

    Section Image
  • 16959 Dulce Ynez Ln, Pacific Palisades, CA 90272

    $3,495,000

    • 3 Beds
    • 3 Baths
    • 2,547 Sq Ft
    • 16959 Dulce Ynez Ln
    • Pacific Palisades, CA

    Perched atop its own private knoll, this mid-century modern home offers breathtaking, panoramic views of the Santa Monica Bay and coastline that stretch endlessly beyond. Floor-to-ceiling windows bathe every room in natural light, creating a seamless connection to the surrounding landscape while maintaining a rare sense of privacy.Inside, the home showcases thoughtful design and unique

    Payman Emamian Compass

    Section Image
  • 454 E Rustic Rd, Santa Monica, CA 90402

    $3,500,000

    • 3 Beds
    • 2 Baths
    • 1,516 Sq Ft
    • 454 E Rustic Rd
    • Santa Monica, CA

    Location, location, location! Approximately a 500 yard walk to the Beach. First time on the market in 45 years. Bring your Architect, contractor, et al! Reminiscent of a Hawaiian Plantation, private, lushly landscaped in tropical plants, trees & flowers, in addition to the native, centuries old sycamores. A historical, Rustic Canyon original 1906 Craftsman cottage with classic, large sitting

    Heather Gussman Gussman Czako Estates

    Section Image
  • 389 Upper Mesa Rd, Santa Monica, CA 90402

    $3,788,000

    • 3 Beds
    • 3 Baths
    • 2,094 Sq Ft
    • 389 Upper Mesa Rd
    • Santa Monica, CA

    Perched atop the coveted upper Santa Monica Canyon hillside, this extraordinary home offers an unrivaled opportunity to own a truly one-of-a-kind ocean-view property. Set on a private promontory, the site commands breathtaking 270-degree panoramic views encompassing the Pacific Ocean, Downtown Los Angeles, and the verdant expanse of Santa Monica Canyon.The existing residencea charming 3-bedroom,

    Joseph Cilic Sotheby's International Realty

    Section Image
  • 17481 Tramonto Dr, Pacific Palisades, CA 90272

    $3,329,000

    • 4 Beds
    • 3 Baths
    • 2,803 Sq Ft
    • 17481 Tramonto Dr
    • Pacific Palisades, CA

    When you first arrive at this perfect family home, you will be greeted by timeless EastCoast-inspired architecture, a charming brick facade, and a welcoming gated entry. Setin the heart of Pacific Palisades, this 4-bedroom, 3-bath residence blends classicelegance with thoughtful modern upgrades, offering both style and comfort in a highlysought-after location.Inside, natural

    Holly Kauffman Beach City Brokers

    Section Image

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 Type Sale Price Title Company
Grant Deed $4,900,000 Lawyers Title Company
Grant Deed $4,250,042 Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Open $2,598,000 New Conventional
Closed $2,425,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,125,000 Adjustable Rate Mortgage/ARM
Previous Owner $550,000 Unknown
Previous Owner $550,000 Unknown
Previous Owner $2,749,854 Construction
Previous Owner $1,928,000 Construction
Previous Owner $360,000 Credit Line Revolving
Previous Owner $1,000,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,000,000 No Value Available
Previous Owner $75,200 Stand Alone Second
Previous Owner $824,850 Unknown
Closed $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2017 06/07/17 Sold $4,925,000 -7.9% $1,011 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $5,349,000 +25.9% $1,098 / Sq Ft
06/27/2014 06/27/14 Sold $4,250,000 -5.5% $812 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/13/2014 05/13/14 Price Changed $4,495,000 -2.2% $859 / Sq Ft
05/06/2014 05/06/14 Price Changed $4,595,000 -2.1% $878 / Sq Ft
04/10/2014 04/10/14 Price Changed $4,695,000 -6.1% $897 / Sq Ft
03/10/2014 03/10/14 For Sale $4,999,000 -- $955 / 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 $67,766 $5,233,303 $4,178,108 $1,055,195
2024 $67,766 $5,596,272 $4,551,316 $1,044,956
2023 $66,438 $5,486,542 $4,462,075 $1,024,467
2022 $63,321 $5,378,964 $4,374,584 $1,004,380
2021 $62,338 $5,253,789 $4,288,808 $964,981
2019 $60,455 $5,097,960 $4,161,600 $936,360
2018 $60,214 $4,998,000 $4,080,000 $918,000
2016 $52,829 $4,401,021 $3,520,817 $880,204
2015 $52,047 $4,334,915 $3,467,932 $866,983
2014 $20,424 $1,650,475 $783,452 $867,023
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: The MLS

MLS Number: 14-743033

The MLS

APN: 4422-028-028