NOT LISTED FOR SALE

1170 El Medio Ave Pacific Palisades, CA 90272

Estimated Value: $2,316,000 - $3,124,245

3 Beds
2 Baths
2,236 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $2,500,000 $1,118 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $17,617/month

41 Days on Market

Highlights

  • Ocean View
  • Midcentury Modern Architecture
  • Wood Flooring
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Built-In Features

About This Home

As of August 2020

An incredible home that fell out of escrow-buyer moving out of LA. Situated in a peaceful cul-de-sac, steps from hiking trails & short distance to beach/Palisades Village, this 1-story gem is one-of- kind. Look West-views of ocean, look East, views of mountain. Home boasts 2,236sq ft in living space & 12,438sf lot-3 bedrooms, 2 bathrooms, garage w/built-ins also known as the man cave", den/office (could be 3rd bedroom), vaulted open beam ceilings, hardwood floors, 3 FP's & drenched w/natural light from floor-to-ceiling windows. State-of-the-art updated chef's kitchen w/stainless steel appliances + all the bells/whistles that make it great for entertaining. Picture yourself cooking while staring at the mountains or the ocean! Master suite with "Queen's Necklace" ocean view, walk-in closet & dual vanity. Landscaping throughout the property nestled within mother nature creates a park-like setting perfect for entertaining & lounging by pool. Even better in person!

Last Agent to Sell the Property

Scott Moore

Christie's International Real Estate SoCal License #01347535 Listed on: 06/02/2020

Christie's International Real Estate SoCal

Co-Listed By

Heather Klein

Nourmand & Associates-BH License #01274151

Last Buyer's Agent

Amy Black

Redfin License #01454740

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,297

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • Property is zoned LARE11

HOA Fees

  • $22 Monthly HOA Fees

Property Views

  • Ocean
  • City
  • Canyon
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,236 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Heated In Ground Pool
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4420-007-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,297

Year Built

Built in 1955

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2236
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Den, Living Room, Master Bedroom, Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1151.61

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Canyon, City, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, On street

Utilities

  • Heating: Wall Electric, Wall Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 266.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4420-007-008
  • Geocode Override: No
  • Lot Size Area: 12438

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 16, 2020
Sold by
Gallagher Michael and Gallagher Patricia
Bought by
Chagar Adel and Chagar Dana
Seller's Agent
Scott Moore
Christie's International Real Estate SoCal
Buyer's Agent
Amy Black
Redfin
List Price
$2,575,000
Sold Price
$2,500,000
Premium/Discount to List
-$75,000
-2.91%
Current Estimated Value
$2,690,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,748
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Sep 11, 2000
Sold by
Stahnke Wayne L
Bought by
Gallagher Michael and Gallagher Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,000
Interest Rate
8.01%
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
Chagar Adel $2,500,000 Fidelity National Title
Gallagher Michael $873,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher Michael $0
Previous Owner Gallagher Michael $1,400,000
Previous Owner Gallagher Michael $200,000
Previous Owner Gallagher Michael $1,137,500
Previous Owner Gallagher Michael $262,500
Previous Owner Gallagher Michael $955,000
Previous Owner Gallagher Michael $950,000
Previous Owner Gallagher Michael $200,000
Previous Owner Gallagher Michael $100,000
Previous Owner Gallagher Michael $642,000
Previous Owner Gallagher Michael $523,000
Previous Owner Stahnke Wayne L $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $2,500,000 -2.9% $1,118 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $2,575,000 0.0% $1,152 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $2,575,000 -- $1,152 / 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
2024 $32,297 $2,653,018 $1,779,220 $873,798
2023 $31,669 $2,600,999 $1,744,334 $856,665
2022 $30,192 $2,550,000 $1,710,132 $839,868
2021 $29,831 $2,500,000 $1,676,600 $823,400
2020 $14,800 $1,202,818 $962,263 $240,555
2019 $14,214 $1,179,235 $943,396 $235,839
2018 $14,047 $1,156,114 $924,899 $231,215
2016 $13,430 $1,111,223 $888,985 $222,238
2015 $13,233 $1,094,532 $875,632 $218,900
2014 $13,278 $1,073,093 $858,480 $214,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-586244

The MLS

APN: 4420-007-008