NOT LISTED FOR SALE

1209 Tellem Dr Pacific Palisades, CA 90272

Estimated Value: $4,427,022

4 Beds
3.5 Baths
3,172 Sq Ft
$1,396/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $4,500,000 $1,419 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $28,846/month

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Built-In Features
  • 0.41 Acre Lot
  • Wood Flooring
  • Walk-In Closet

About This Home

As of March 2022

Experience spectacular panoramic ocean and city views at this one-of-a kind Palisades mid century home! Located in the prestigious Marquez Knolls neighborhood, this private residence features 4 bedrooms, 3.5 baths. Situated on one of the largest lots in the area, this 17,776 sqft lot captures sweeping canyon, ocean, and city vistas. This excellent floor-plan has large patio space and a grassy backyard overlooking the ocean's horizon, this is the perfect home to enjoy premier indoor-outdoor living at your own private getaway. Four bedrooms all having ocean views, including a spacious large master suite which showcases head on ocean views, walk-in closet and master bath with double vanity, beautiful marble countertop, walk-in shower, and built-in tub. Chef's kitchen boasts ample counter space and large center island perfect for entertaining. Enjoy open living areas, family room, and dining rooms with recessed lighting, fireplace, and French doors opening up to your expansive backyard. This truly charming and unique property allows access to the best of Pacific Palisades- located just moments away from premier beaches,hiking trails, grocery stores, shopping, Palisades Village, and more.

Last Agent to Rent the Property

Lulu Knowlton

eXp Realty of California Inc License #01950225 Listed on: 03/03/2022

eXp Realty of California Inc

Last Renter's Agent

Karen Parcell

Berkshire Hathaway HomeServices California Properties License #01723411

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,699

Year Built

  • Built in 1963

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 55x248
  • Property is zoned LARE15

Parking

  • 2 Parking Spaces

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Interior Spaces

  • 3,172 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $30,000
  • Tenant pays for cable TV, electricity, gas, insurance, interior maint, move in fee, move out fee, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4420-023-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,699

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 30000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Interior Maint, Move In Fee, Move Out Fee, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Ranch
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 3172
  • Lot Acreage: 0.4081
  • Lot Dimensions: 55x248
  • Stories: 1
  • Year Built: 1963
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4.73

Exterior Features

  • Pool: No
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4420-023-013
  • Lot Size Area: 17776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Nov 19, 2021
Sold by
Manzanares Ulrike and The Ulrike Manzanares Living T
Bought by
Sun Jianfeng and Xu Yueer
Seller's Agent
Ryan Jancula
Compass
Buyer's Agent
Lulu Knowlton
eXp Realty of California Inc
List Price
$5,100,000
Sold Price
$4,500,000
Premium/Discount to List
-$600,000
-11.76%
Current Estimated Value
$4,427,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,978
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Jul 20, 2012
Sold by
Manzanares Ulrike
Bought by
Manzanares Ulrike and Manzanares Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2012
Sold by
Manzanares Ulrike
Bought by
Manzanares Ulrike and Ulrike Manzanares Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2012
Sold by
Manzanares Ulrike
Bought by
Manzanares Ulrike and Ulrike Manzanares Living Trust

Purchase Details

Closed on
Jan 25, 2012
Sold by
Manzanares Rigoberto
Bought by
Manzanares Ulrike and Ulrike Manzanares Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Manzanares Rigoberto
Bought by
Manzanares Ulrike and The Ulrike Manzanares Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2010
Sold by
Manzanares Rigoberto
Bought by
Manzanares Ulrike and The Ulrike Manzanares Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2009
Sold by
Manzanares Ulrike
Bought by
Manzanares Ulrike and The Ulrike Manzanares Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Manzanares Ulrike
Bought by
Manzanares Ulrike and The Ulrike Manzanares Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 19, 2004
Sold by
Manzanares Ulrike
Bought by
Manzanares Ulrike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 2002
Sold by
Manzanares Ulrike
Bought by
Manzanares Ulrike and The Ulrike Manzanares Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
5.89%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Manzanares Ulrike
Bought by
Manzanares Ulrike and Ulrike Manzanares Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.37%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Spector Ulrike
Bought by
Manzanares Ulrike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.37%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Spector Trust Spector, Hal Co Tr Hal And Ulri
Bought by
Spector Ulrike
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

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Rented $13,000 -13.3% --
03/03/2022 03/03/22 For Rent $15,000 0.0% --
12/01/2021 12/01/21 Sold $4,500,000 -4.2% $1,267 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $4,699,000 -5.1% $1,323 / Sq Ft
07/13/2021 07/13/21 Price Changed $4,950,000 -2.9% $1,393 / Sq Ft
06/14/2021 06/14/21 For Sale $5,100,000 -- $1,435 / 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 $56,699 $4,464,506 $2,631,743 $1,832,763
2024 $56,699 $4,681,799 $2,866,822 $1,814,977
2023 $55,588 $4,590,000 $2,810,610 $1,779,390
2022 $52,981 $4,500,000 $2,755,500 $1,744,500
2021 $14,722 $1,216,736 $551,932 $664,804
2019 $14,284 $1,180,649 $535,562 $645,087
2018 $14,141 $1,157,500 $525,061 $632,439
2016 $13,509 $1,112,555 $504,673 $607,882
2015 $13,312 $1,095,845 $497,093 $598,752
2014 $13,360 $1,074,380 $487,356 $587,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-133345

The MLS

APN: 4420-023-013