NOT LISTED FOR SALE

1213 Rimmer Ave Pacific Palisades, CA 90272

Estimated Value: $4,548,000 - $5,714,048

4 Beds
4 Baths
3,522 Sq Ft
$1,404/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $4,765,000 $1,353 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $31,875/month

23 Days on Market

Highlights

  • Ocean View
  • Family Room with Fireplace
  • No HOA
  • In Ground Pool
  • Spanish Architecture
  • Home Office

About This Home

As of September 2019

Beautiful Spanish Contemporary home with an incredible open floor plan, vaulted ceilings and modern amenities and features. Ocean and mountain views from almost every room along with an oversized lot, pool and hot tub. Newly remodeled kitchen with high end appliances including a 6 burner, double-oven Thermador stove and sub zero refrigerator. Also, recently remodeled master bath with custom brick, marble and metalwork. New furnace and central air along with two tankless water heaters. Wake up every morning and watch the sunrise over the mountains. Settle in as the day comes to a close and enjoy the spectacular sunsets over the ocean. Close to the Village where one can enjoy all of the new shops and restaurants. This is an extraordinary home with old world charm and character with a contemporary flair. Check out the gorgeous video of this very special home.

Last Agent to Sell the Property

Rhonda Scott

Coldwell Banker Realty License #01814437 Listed on: 08/01/2019

Coldwell Banker Realty

Last Buyer's Agent

Sue Kohl

Berkshire Hathaway HomeServices California Properties License #00560679

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,743

Year Built

  • Built in 1948

Lot Details

  • 9,022 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,522 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-018-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,743

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3522
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 1504.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-018-003
  • Geocode Override: No
  • Lot Size Area: 9022

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 30, 2019
Sold by
Siegel Thomas J
Bought by
Lebenger Jeffrey D and Lebenger Diane
Seller's Agent
Rhonda Scott
Coldwell Banker Realty
Buyer's Agent
Sue Kohl
Berkshire Hathaway HomeServices California Properties
List Price
$5,299,000
Sold Price
$4,765,000
Premium/Discount to List
-$534,000
-10.08%
Current Estimated Value
$4,944,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,016
Avg. Annual Appreciation
1.03%
Original Mortgage
$4,771,447
Outstanding Balance
$4,189,235
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$877,114

Purchase Details

Closed on
Nov 10, 2005
Sold by
Siegel Thomas J and Thomas J Siegel Living Trust
Bought by
Siegel Thomas J and Thomas J Siegel Living Trust

Purchase Details

Closed on
Apr 13, 2005
Sold by
Ramo James Brian and The James Brian Ramo 1979 Revo
Bought by
Siegel Thomas J and The Thomas J Siegel Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1998
Sold by
Ramo James Brian
Bought by
Ramo James Brian and The James Brian Ramo 1979 Revo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1997
Sold by
Minium Evelyn J
Bought by
Ramo James Brian and The James Brian Ramo 1979 Revo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.37%

Purchase Details

Closed on
Feb 6, 1997
Sold by
Ramo Sara Jean and Watkins Sara Jean
Bought by
Ramo Brian James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.37%
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
Lebenger Jeffrey D $4,765,000 Western Resources Title
Siegel Thomas J -- --
Siegel Thomas J $2,854,545 Equity Title Company
Ramo James Brian -- First Southwestern Title Co
Ramo James Brian -- First Southwestern Title Co
Ramo James Brian -- First Southwestern Title Co
Ramo James Brian $900,000 Continental Lawyers Title Co
Ramo Brian James -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diane Lebenger 2014 Irrevocable Gifitin $4,771,447
Previous Owner Siegel Thomas J $500,000
Previous Owner Siegel Thomas J $1,760,000
Previous Owner Siegel Thomas J $1,760,000
Previous Owner Siegel Thomas J $1,760,000
Previous Owner Ramo James Brian $1,100,000
Previous Owner Ramo James Brian $300,000
Previous Owner Ramo James Brian $640,000
Previous Owner Ramo James Brian $650,000
Closed Siegel Thomas J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2019 09/24/19 Sold $4,765,000 -10.1% $1,353 / Sq Ft
08/01/2019 08/01/19 For Sale $5,299,000 -- $1,505 / 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 $61,743 $1,876,410 $1,876,410 --
2024 $61,743 $5,109,039 $2,830,182 $2,278,857
2023 $60,530 $5,008,863 $2,774,689 $2,234,174
2022 $57,685 $4,910,651 $2,720,284 $2,190,367
2021 $57,001 $4,814,365 $2,666,946 $2,147,419
2019 $42,218 $3,566,636 $1,992,183 $1,574,453
2018 $42,083 $3,496,703 $1,953,121 $1,543,582
2016 $40,267 $3,360,924 $1,877,280 $1,483,644
2015 $39,670 $3,310,441 $1,849,082 $1,461,359
2014 $39,775 $3,245,595 $1,812,862 $1,432,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-494248

The MLS

APN: 4422-018-003