1060 El Medio Place Pacific Palisades, CA 90272
3
Beds
4
Baths
4,871
Sq Ft
0.48
Acres
Highlights
- Ocean View
- 20,983 Sq Ft lot
- Wood Flooring
- Heated In Ground Pool
- Recreation Room
- Modern Architecture
About This Home
As of June 2017Distinct Architectural Dream situated on Upper El Medio with breathtaking views of the ocean. Expansive front yard with saltwater pool and spa. An entertainer's delight, the home is defined by sleek sophistication and warm, easy indoor/outdoor living. Elevated ceilings, skylights and clerestory windows throughout the home bring in an abundance of light. The European style chef's kitchen gleams with stainless steel counter-tops, high-end appliances and stunning limestone tile flooring. The entire second floor is devoted to the master suite, with wide plank French oak flooring, glowing fireplace and amazing views. Master bathroom has soaking tub and steam shower. TV/Entertainer Room and two extra-large en suites located on first floor. Designed for the most discriminating owner, this is an environment of impeccable taste and spectacular beauty! House currently used as three en suite bedrooms. Just on time to enjoy the new Palisades Village slated for completion in the coming months.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $67,766
Year Built
- Built in 1951
Lot Details
- 0.48 Acre Lot
- Property is zoned LARE40
Parking
- 2 Parking Spaces
Property Views
- Ocean
- Coastline
- Catalina
- Mountain
Home Design
- Modern Architecture
Interior Spaces
- 4,871 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- 5 Fireplaces
- Gas Fireplace
- Family Room
- Dining Area
- Recreation Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Powder Room
- 4 Full Bathrooms
Laundry
- Laundry Room
- Washer
Home Security
- Intercom
- Alarm System
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
- Fence Around Pool
Outdoor Features
- Open Patio
- Outdoor Grill
Utilities
- Zoned Heating and Cooling
- Water Purifier
- Phone System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4422-028-028
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
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
Similar Homes in the area
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
Average Home Value in this Area
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
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
-
GLORIA CARMONA
Seller's Agent in 2017
GLORIA CARMONA
Compass
(323) 350-8686
1 in this area
31 Total Sales
-
Frank Langen
Buyer's Agent in 2017
Frank Langen
DPP
(310) 963-3891
36 in this area
49 Total Sales
-
Robert Radcliffe
Seller's Agent in 2014
Robert Radcliffe
Sotheby's International Realty
(310) 317-9900
13 in this area
29 Total Sales
Map
Source: The MLS
MLS Number: 17-217442
APN: 4422-028-028
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