NOT LISTED FOR SALE

1141 Napoli Dr Pacific Palisades, CA 90272

Estimated Value: $6,968,000 - $12,584,248

5 Beds
6.5 Baths
8,554 Sq Ft
$1,132/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $10,500,000 $1,227 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $63,989/month

133 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Bonus Room
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • No HOA

About This Home

As of November 2020

Located on Napoli Drive in the Riviera Palisades, this custom-built, William Hefner-designed home is impeccable and timeless. This jewel was built with the highest quality materials and finishes including elegant limestone, walnut floors and solid mahogany doors. The gracious living and formal dining rooms, both with coffered ceilings, are ideally located off the foyer. The fully equipped kitchen, along with an adjacent family room, open through French doors to the patio and garden. Upstairs the master has a spa-like bathroom, dual closets and an adjoining study. Three additional spacious bedrooms are also located on the second floor, each with well-appointed bathrooms. The lower level game room and media room is an entertainment-lovers retreat. The backyard, surrounded by tall hedges and highlighted by a sparkling pool and expansive lawn, is an ideal environment for living and entertaining.

Last Agent to Sell the Property

Hugh Evans

Compass License #00997121 Listed on: 05/22/2020

Compass

Last Buyer's Agent

David Konheim

Compass License #01869897

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134,632

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • Property is zoned LARE11

Parking

  • 3 Car Direct Access Garage
  • Driveway

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 8,554 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Center Hall
  • Alarm System
  • Property Views
  • Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Heated In Ground Pool
  • Open Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4408-004-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$134,632

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 8554
  • Stories: 3
  • Year Built: 2004
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Fire Pit, Living Room, Master Bedroom
  • Flooring: Carpet, Stone, Tile, Wood
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 3
  • Dining Room: 1
  • Family Room: 1
  • Laundry: On Upper Level, Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Freezer, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1373.63

Exterior Features

  • Other Structures: None
  • Pool Description: Heated And Filtered, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Direct Entrance, Driveway, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central, Zoned

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4408-004-014
  • Geocode Override: No
  • Lot Size Area: 14989

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Nov 18, 2020
Sold by
Albert Michael Mark and Valentine Gina Michele
Bought by
Cohen Michael
Seller's Agent
Hugh Evans
Compass
Buyer's Agent
David Konheim
Compass
List Price
$11,750,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,250,000
-10.64%
Current Estimated Value
$9,684,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$815,251
Avg. Annual Appreciation
-2.90%
Original Mortgage
$8,400,000
Outstanding Balance
$7,508,835
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,623,474

Purchase Details

Closed on
Apr 9, 2013
Sold by
Albert Michael Mark and Valentine Gina Michelle
Bought by
Albert Michael Mark and Valentine Gina Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,490,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Valentine Albert M and Valentine Gina M
Bought by
Albert Michael Mark

Purchase Details

Closed on
Apr 23, 2002
Sold by
Thompson Daniel T and Thompson Ada S
Bought by
Albert M Mark

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
6.5%
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
Cohen Michael $10,500,000 Lawyers Title
Albert Michael Mark -- Chicago Title
Albert Michael Mark -- --
Albert M Mark -- First American Title Co
Albert M Mark -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Michael $8,400,000
Previous Owner Albert Michael Mark $2,500,000
Previous Owner Albert Michael Mark $2,000,000
Previous Owner Albert Michael Mark $3,490,000
Previous Owner Albert Michael Mark $3,680,000
Previous Owner Albert Michael Mark $3,680,000
Previous Owner Albert Michael Mark $3,680,000
Previous Owner Albert Michael Mark $3,680,000
Previous Owner Albert Michael Mark $2,800,000
Previous Owner Albert M Mark $350,000
Previous Owner Albert Michael Mark $350,000
Previous Owner Albert Michael Mark $2,800,000
Previous Owner Albert M Mark $500,000
Previous Owner Albert M Mark $800,000
Previous Owner Albert M Mark $1,100,000
Previous Owner Albert M Mark $1,000,000
Previous Owner Albert M Mark $1,000,000
Previous Owner Albert M Mark $1,000,000
Closed Albert M Mark $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $10,500,000 0.0% $1,227 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
06/16/2020 06/16/20 Off Market $10,500,000 -- --
05/22/2020 05/22/20 For Sale $11,750,000 -- $1,374 / 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 $134,632 $11,365,537 $9,741,889 $1,623,648
2024 $134,632 $11,142,684 $9,550,872 $1,591,812
2023 $131,983 $10,924,200 $9,363,600 $1,560,600
2022 $125,777 $10,710,000 $9,180,000 $1,530,000
2021 $124,276 $10,500,000 $9,000,000 $1,500,000
2020 $53,981 $4,432,493 $2,566,534 $1,865,959
2019 $51,817 $4,345,582 $2,516,210 $1,829,372
2018 $51,534 $4,260,375 $2,466,873 $1,793,502
2016 $49,252 $4,094,941 $2,371,082 $1,723,859
2015 $48,524 $4,033,433 $2,335,467 $1,697,966
2014 $48,653 $3,954,425 $2,289,719 $1,664,706
Source: Public Records

Agents Affiliated with this Home

  • Hugh Evans

    Seller's Agent in 2020

    Hugh Evans

    Compass

    (310) 858-6800

    6 in this area

    17 Total Sales

    Hugh Evans
    Section Image
  • David Konheim

    Buyer's Agent in 2020

    David Konheim

    Compass

    (310) 779-6583

    1 in this area

    7 Total Sales

    David Konheim
    Section Image
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Map

Source: The MLS

MLS Number: 20-554342

The MLS

APN: 4408-004-014

California Los Angeles County Pacific Palisades 90272

1141 Napoli Dr, Pacific Palisades, CA

This home is located at 1141 Napoli Dr, Pacific Palisades, CA 90272 since 22 May 2020 and is currently estimated at $9,684,749, approximately $1,132 per square foot. This property was built in 2004. 1141 Napoli 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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