NOT LISTED FOR SALE

1126 Monument St Pacific Palisades, CA 90272

Estimated Value: $4,429,000 - $7,546,934

5 Beds
7 Baths
6,300 Sq Ft
$928/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $6,700,000 $1,063 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $40,497/month

10 Days on Market

Highlights

  • Home Theater
  • Fireplace in Primary Bedroom
  • Farmhouse Style Home
  • In Ground Pool
  • Wood Flooring
  • No HOA

About This Home

As of January 2021

With the utmost attention to detail and immaculate design, this new construction modern farmhouse is a one-of-a-kind find just a stone's throw away from the Village. The moment you step foot into the home, you will be greeted by the thoughtful floor plan, beautiful wood detailing, exceptional use of mixed materials, and striking fixtures. The main level features a dining room, living room, butlers pantry, elevator, and statement kitchen with breakfast area. The indoor space opens up to the private yard with covered seating area, pool, spa, and BBQ. Upstairs you will find 4 en-suite bedrooms, including the master suite with fireplace, sitting area, balcony, and a 5-star master bath. The breathtaking rooftop deck features ocean views, built-in seating, and a spacious entertaining area. The lower level is filled out with a movie theatre, game room, wine cellar, 5th en-suite bedroom, and 2nd laundry room in addition to garage access. A true dream home for those who appreciate perfection!

Last Agent to Sell the Property

Jacqueline Chernov

The Beverly Hills Estates License #01361435 Listed on: 09/08/2020

The Beverly Hills Estates

Last Buyer's Agent

F. Ron Smith

Compass License #00961954

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,837

Year Built

  • Built in 2020

Lot Details

  • 6,498 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 6,300 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Home Theater
  • Wood Flooring
  • Alarm System
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4423-002-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,837

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Living Area: 6300
  • Lot Acreage: 0.1492
  • Lot Dimensions: 50x130
  • Stories: 3
  • Year Built: 2020
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Dining, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Elevator, Microwave, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1071.43

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway - Pavers
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4423-002-006
  • Lot Size Area: 6498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 21, 2020
Sold by
Adlon Investments Llc
Bought by
Wakeford Kent
Seller's Agent
Jacqueline Chernov
The Beverly Hills Estates
Buyer's Agent
F. Ron Smith
Compass
List Price
$6,750,000
Sold Price
$6,700,000
Premium/Discount to List
-$50,000
-0.74%
Current Estimated Value
$6,119,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$580,355
Avg. Annual Appreciation
-2.91%
Original Mortgage
$4,000,000
Outstanding Balance
$3,577,560
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,270,751

Purchase Details

Closed on
Jan 8, 2019
Sold by
Nehemia Jacob
Bought by
Adlon Investments Llc

Purchase Details

Closed on
Jun 26, 2018
Sold by
Weller Gail
Bought by
Gregg David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2018
Sold by
Gregg David L
Bought by
Nehemia Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2018
Sold by
Nehemia Miri
Bought by
Nehemia Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.52%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Wakeford Kent $6,700,000 Pacific Coast Title Company
Adlon Investments Llc -- None Available
Gregg David L -- California Title
Nehemia Jacob $2,700,000 Provident Title Co
Nehemia Jacob -- California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakeford Kent $396,000
Open Wakeford Kent $4,000,000
Previous Owner Adlon Investments Llc $500,000
Previous Owner Nehemia Jacob $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $6,700,000 -0.7% $1,063 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $6,750,000 -- $1,071 / 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 $85,837 $2,603,249 $2,603,249 --
2024 $85,837 $7,110,093 $3,926,469 $3,183,624
2023 $84,148 $6,970,680 $3,849,480 $3,121,200
2022 $80,188 $6,834,000 $3,774,000 $3,060,000
2021 $33,217 $2,782,531 $2,782,531 $0
2020 $33,259 $2,754,000 $2,754,000 $0
2019 $32,547 $2,754,000 $2,203,200 $550,800
2018 $10,808 $890,594 $783,404 $107,190
2016 $10,342 $856,014 $752,985 $103,029
2015 $10,190 $843,157 $741,675 $101,482
2014 $10,227 $826,642 $727,147 $99,495
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Chernov

    Seller's Agent in 2021

    Jacqueline Chernov

    The Beverly Hills Estates

    (310) 403-7557

    60 in this area

    110 Total Sales

    Section Image
  • F. Ron Smith

    Buyer's Agent in 2021

    F. Ron Smith

    Compass

    (310) 500-3931

    39 in this area

    398 Total Sales

    Section Image
  • David Berg

    Buyer Co-Listing Agent in 2021

    David Berg

    Compass

    (310) 500-3931

    40 in this area

    387 Total Sales

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Map

Source: The MLS

MLS Number: 20-629154

The MLS

APN: 4423-002-006

California Los Angeles County Pacific Palisades 90272

1126 Monument St, Pacific Palisades, CA

This home is located at 1126 Monument St, Pacific Palisades, CA 90272 since 08 September 2020 and is currently estimated at $5,848,311, approximately $928 per square foot. This property was built in 2020. 1126 Monument St 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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