$4,500,000
SOLD DEC 1, 2021

1209 Tellem Dr Pacific Palisades, CA 90272

4 Beds
3.5 Baths
3,553 Sq Ft
0.41 Acres

Recently Sold

$1,267 Per Sq Ft

12% Below List Price

136 Days on Market

Highlights

  • Ocean View
  • 0.41 Acre Lot
  • Wood Flooring
  • In Ground Spa
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of December 2021

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, and 3,553 sqft of living space. 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 Sell the Property

Ryan Jancula

Compass License #01904981 Listed on: 06/14/2021

Compass

Co-Listed By

Trevor Montano

Compass License #01954164

Last Buyer's Agent

Lulu Knowlton

eXp Realty of California Inc License #01950225

eXp Realty of California Inc

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

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • Coastline
  • City
  • Canyon
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,553 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 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

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 3553
  • Lot Acreage: 0.4081
  • Lot Dimensions: 55x248
  • Stories: 1
  • Year Built: 1963
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile, Carpet
  • Bedrooms: 4
  • Fireplaces: 1
  • 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: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Microwave, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1322.54

Exterior Features

  • Other Structures: None
  • Patio: Patio Open
  • Pool: No
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Canyon, City, Coastline, Water, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,500,000 Usa National Title Co Inc
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Wfg Title Insurance
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company Orange
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $406,500 New Conventional
Previous Owner $409,000 New Conventional
Previous Owner $410,000 New Conventional
Previous Owner $414,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $362,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $252,700 No Value Available
Previous Owner $252,000 Unknown
Previous Owner $252,700 No Value Available
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: 21-734704

The MLS

APN: 4420-023-013