NOT LISTED FOR SALE

1216 Las Pulgas Rd Pacific Palisades, CA 90272

Estimated Value: $1,831,000 - $3,193,342

3 Beds
2.5 Baths
2,097 Sq Ft
$1,134/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $2,500,000 $1,192 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $15,443/month

70 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Home Office
  • Midcentury Modern Architecture
  • No HOA
  • Laundry Room

About This Home

As of January 2019

Charming and warm mid-century modern redesign in the El Medio Marquez area of Pacific Palisades. This rare home sits on a 12,168 sq. ft. lot with city, sand, whitewater ocean views. This 3 bedroom, 2.5 bath home with bonus office/playroom was extensively remodeled with state of the art technology Crestron Home Automation, French Oak style flooring, custom cabinetry throughout and Thermador appliances. With an open floor plan, the stylish living room and master bedroom give an incredible flow to the indoor-outdoor aspects of this home. This location allows you to be within distance to Caruso's new Palisades Village, Will Roger's State Beach, and several amazing Palisades hiking trails. The lot size and ocean/city views provide a fantastic future development potential.

Last Agent to Sell the Property

Ryan Jancula

Compass License #01904981 Listed on: 09/27/2018

Compass

Co-Listed By

Trevor Montano

Compass License #01954164

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,303

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Property is zoned LARE11

Property Views

  • Ocean
  • Catalina
  • City Lights
  • Trees
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,097 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4420-008-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,303

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2097
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1318.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Catalina, City Lights, Mountains, Ocean, Tree Top
  • 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: 4420-008-022
  • Geocode Override: No
  • Lot Size Area: 12168

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Burgess Nicole Diaco and Burgess Don Michael
Bought by
Burgess Don M and Burgess Nicole D
Current Estimated Value
$2,377,781

Purchase Details

Listed on
Sep 27, 2018
Closed on
Jan 22, 2019
Sold by
Barr David
Bought by
Burgess Nicole Diaco and Burgess Don Michael
Seller's Agent
Ryan Jancula
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,895,000
Sold Price
$2,500,000
Premium/Discount to List
-$395,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%

Purchase Details

Listed on
Nov 9, 2017
Closed on
Apr 2, 2018
Sold by
Wellwood William Gary
Bought by
Barr David
Seller's Agent
Steven Rime
Keller Williams South Bay
Buyer's Agent
Ryan Jancula
Compass
List Price
$1,974,500
Sold Price
$1,400,000
Premium/Discount to List
-$574,500
-29.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.34%
Original Mortgage
$1,417,600
Interest Rate
4.43%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 5, 2000
Sold by
Wellwood William
Bought by
Wellwood Frederic William Henry and Wellwood Margaret Caroline
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
Burgess Don M -- None Available
Burgess Nicole Diaco $2,500,000 First American Title Company
Barr David $1,393,500 First American Title Company
Wellwood Frederic William Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barr David $1,417,600
Previous Owner Wellwood William Gary $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $2,500,000 -9.6% $1,192 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
10/26/2018 10/26/18 Price Changed $2,765,000 -4.5% $1,319 / Sq Ft
09/27/2018 09/27/18 For Sale $2,895,000 +106.8% $1,381 / Sq Ft
04/18/2018 04/18/18 Sold $1,400,000 -20.0% $668 / Sq Ft
03/13/2018 03/13/18 Price Changed $1,750,000 -11.4% $835 / Sq Ft
11/09/2017 11/09/17 For Sale $1,974,500 -- $942 / 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 $33,303 $1,377,664 $1,377,664 --
2024 $33,303 $2,734,111 $2,077,925 $656,186
2023 $32,656 $2,680,502 $2,037,182 $643,320
2022 $31,133 $2,627,944 $1,997,238 $630,706
2021 $30,764 $2,576,417 $1,958,077 $618,340
2020 $31,086 $2,550,000 $1,938,000 $612,000
2019 $17,252 $1,428,000 $1,326,000 $102,000
2018 $1,176 $72,776 $33,369 $39,407
2016 $1,108 $69,952 $32,074 $37,878
2015 $1,096 $68,903 $31,593 $37,310
2014 $1,112 $67,555 $30,975 $36,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-390142

The MLS

APN: 4420-008-022