NOT LISTED FOR SALE

1161 Via de la Paz Pacific Palisades, CA 90272

Estimated Value: $2,444,000 - $4,108,690

4 Beds
3.5 Baths
2,986 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $2,720,000 $911 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $20,364/month

77 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Family Room with Fireplace
  • Den
  • Built-In Features

About This Home

As of October 2013

* No showings until First Brokers Open July 23rd. Enchanting custom built Cape Cod in prime Palisades location. This 4bed/3.5 bath home is in pristine, move-in condition surrounded by mature, lush landscaping. There is cook's kitchen with top of the line appliances, granite counter tops, and custom cabinetry all opening to the dining room and family room area for open and cozy, California living leading to a large, richly landscaped yard. There are 2 fireplaces, one in the LR and one in the FR. The 4th bedroom is on the first floor is currently used as an office, and the 2nd floor MB suite has an adjacent office also. A partial list of the upgrades in the last year are: newly painted interior and exterior, new outside light fixtures; new drapes in the dining room, kitchen, living room, office and master bath; new wallpaper in the rooms already papered, new dishwasher; and custom toilet seat warmers with water spray and dryers in 3 of the bathrooms. Please see Private Remarks.

Last Agent to Sell the Property

Edward Tinney

Nourmand & Associates-BH License #01309990 Listed on: 07/18/2013

Nourmand & Associates-BH

Last Buyer's Agent

Joyce Spector

Compass License #00779396

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,534

Year Built

  • Built in 1951

Lot Details

  • 7,249 Sq Ft Lot
  • Lot Dimensions are 60x121
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof

Interior Spaces

  • 2,986 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Laundry

  • Laundry in Garage
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4422-021-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,534

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 2986
  • Lot Dimensions: 60x121
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • One Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: Garage
  • Total Bathrooms: 3.25
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 936.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4422-021-003
  • Geocode Override: No
  • Lot Size Area: 7249

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Young Kenneth Marshall
Bought by
Kenneth M Young Family Trust
Current Estimated Value
$3,206,897

Purchase Details

Closed on
Mar 22, 2021
Sold by
Young Kenneth Marshall and Young Kenneth M
Bought by
Young Kenneth Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,020,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 25, 2013
Sold by
Ortiz I Shyh Lin
Bought by
Young Kenneth M
Seller's Agent
Edward Tinney
Nourmand & Associates-BH
Buyer's Agent
Joyce Spector
Compass
List Price
$2,795,000
Sold Price
$2,720,000
Premium/Discount to List
-$75,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$2,000,000
Interest Rate
2.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 9, 2013
Sold by
Young Jill J
Bought by
Young Kenneth M
Seller's Agent
Edward Tinney
Nourmand & Associates-BH
Buyer's Agent
Joyce Spector
Compass
List Price
$2,795,000
Sold Price
$2,720,000
Premium/Discount to List
-$75,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2013
Sold by
Ortiz Paul A
Bought by
Ortiz I Shyh Lin and The I Shyh Lin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Lin I Shyh
Bought by
Ortiz I Shyh Lin and I Shyh Lin Revocable Trust

Purchase Details

Closed on
Mar 23, 2006
Sold by
Hollingsworth John T and Hollingsworth Amy Jo
Bought by
Lin I Shyh

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%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Hollingsworth John and Hollingsworth Amy
Bought by
Hollingsworth John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,950
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 1998
Sold by
Fournier Trust Fournier Margaret A Tr Margare
Bought by
Hollingsworth John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.87%

Purchase Details

Closed on
Dec 15, 1994
Sold by
Fournier Margaret A and Wylie Margaret A
Bought by
Fournier Margaret A and Margaret A Fournier Trust

Purchase Details

Closed on
Nov 18, 1994
Sold by
Fournier Alfred A
Bought by
Fournier Margaret A

Purchase Details

Closed on
Sep 2, 1994
Sold by
Fournier Margaret A and Wylie Margaret A
Bought by
Fournier Margaret A and Margaret A Fournier Trust
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
Kenneth M Young Family Trust -- Accommodation/Courtesy Recordi
Young Kenneth Marshall -- Chicago Title
Young Kenneth M $2,720,027 Equity Title Company
Young Kenneth M -- Equity Title Company
Ortiz I Shyh Lin -- Equity Title Orange County-I
Ortiz I Shyh Lin -- None Available
Lin I Shyh $2,509,000 Equity Title Company
Hollingsworth John T -- --
Hollingsworth John -- Equity Title Company
Fournier Margaret A -- --
Fournier Margaret A -- --
Fournier Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Kenneth Marshall $2,020,000
Previous Owner Young Kenneth M $2,000,000
Previous Owner Young Kenneth M $2,000,000
Previous Owner Ortiz I Shyh Lin $625,500
Previous Owner Lin I Shyh $1,000,000
Previous Owner Hollingsworth John $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2013 10/29/13 Sold $2,720,000 -2.7% $911 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $2,795,000 -- $936 / 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 $39,534 $1,514,894 $1,514,894 --
2024 $39,534 $3,268,958 $2,284,908 $984,050
2023 $38,760 $3,204,861 $2,240,106 $964,755
2022 $36,941 $3,142,022 $2,196,183 $945,839
2021 $36,496 $3,080,415 $2,153,121 $927,294
2020 $36,879 $3,048,830 $2,131,044 $917,786
2019 $35,391 $2,989,050 $2,089,259 $899,791
2018 $35,270 $2,930,443 $2,048,294 $882,149
2016 $33,747 $2,816,652 $1,968,757 $847,895
2015 $33,246 $2,774,344 $1,939,185 $835,159
2014 $33,336 $2,720,000 $1,901,200 $818,800
Source: Public Records

Agents Affiliated with this Home

  • Edward Tinney

    Seller's Agent in 2013

    Edward Tinney

    Nourmand & Associates-BH

    (310) 749-2153

    5 Total Sales

    Edward Tinney
    Section Image
  • Joyce Spector

    Buyer's Agent in 2013

    Joyce Spector

    Compass

    (310) 749-8827

    1 in this area

    3 Total Sales

    Joyce Spector
    Section Image

  • S

    Buyer Co-Listing Agent in 2013

    Steven Durbin

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 13-686907

The MLS

APN: 4422-021-003

California Los Angeles County Pacific Palisades 90272

1161 Via de la Paz, Pacific Palisades, CA

This home is located at 1161 Via de la Paz, Pacific Palisades, CA 90272 since 18 July 2013 and is currently estimated at $3,206,897, approximately $1,073 per square foot. This property was built in 1951. 1161 Via de la Paz 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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