$1,400,000
SOLD APR 18, 2018

1216 Las Pulgas Rd Pacific Palisades, CA 90272

3 Beds
3 Baths
2,097 Sq Ft
0.28 Acres

Recently Sold

$668 Per Sq Ft

29% Below List Price

139 Days on Market

Highlights

  • Coastline Views
  • Main Floor Bedroom
  • Double Door Entry
  • Midcentury Modern Architecture
  • Private Yard
  • Open to Family Room

About This Home

As of January 2019

BUILD YOUR DREAM HOME! COMMANDING UNOBSTRUCTED VIEWS EXTEND OVER BEAUTIFUL GREEN TREE TOPS TO THE OCEAN INCLUDING SANTA MONICA BAY TO THE PALOS VERDES PENINSULA & BEYOND TO SANTA CATALINA ISLAND WITH CITY LIGHTS & HILLSIDE VISTAS IN THE EXCLUSIVE MARQUEZ KNOLLS. THIS 3 BEDROOM, 3 BATH SINGLE STORY HOME IS SITUATED TO TAKE ADVANTAGE OF A BEAUTIFUL SOUTH EAST VIEW. HOME IS OFFERED “AS-IS” UNDER TRUSTEE SALE. SELLER IS AWARE OF FOUNDATION ISSUES AND PREFERS A NEW CONSTRUCTION BUYER

Last Agent to Sell the Property

Steven Rime

Keller Williams South Bay License #01370578 Listed on: 11/09/2017

Keller Williams South Bay

Co-Listed By

Roger Arthur

Keller Williams South Bay License #01489317

Last Buyer's Agent

Ryan Jancula

Compass License #01904981

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,303

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Private Yard
  • Front Yard
  • Property is zoned LARE11

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Coastline
  • Bay
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Stone Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Flagstone
  • Plaster
  • Stucco

Interior Spaces

  • 2,097 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Built-In Range
  • Dishwasher
  • Ceramic Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Outdoor Features

  • Open Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 19890
  • Assessor Parcel Number 4420008022

Community Details

Overview

  • Palisair Home Owners Association, Phone Number (310) 721-7917
  • Mountainous Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,303

Year Built

Built in 1958

Lot Details

0

HOA Fees

$266 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Roger Arthur
  • Other Phone Number: 3102833695
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LARE11
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4420008022
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2097.00 Square Feet
  • Interior Amenities: Built-in Features, Ceramic Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Family Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 667.62
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Pillar/Post/Pier, Raised
  • View: Bay, Catalina, City Lights, Coastline, Mountain(s)
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Stone
  • Spa: No
  • Construction Materials: Concrete, Flagstone, Glass, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Range
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Call for Rules
  • Association Fee: 266.00
  • Association Fee Frequency: Monthly
  • Association Name: Palisair Home Owners Association
  • Phone: 310-721-7917
  • Senior Community: No
  • Community Features: Curbs, Gutters, Mountainous, Rural

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Level with Street, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 12168.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2626.04
  • Tax Lot: 49
  • Tax Tract Number: 19890

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
$2,622,447

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
3.87%

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

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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
Interfamily Deed Transfer -- None Available
Grant Deed $2,500,000 First American Title Company
Grant Deed $1,393,500 First American Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,417,600 Construction
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
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: California Regional Multiple Listing Service (CRMLS)

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: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17254631

California Regional Multiple Listing Service (CRMLS)

APN: 4420-008-022