NOT LISTED FOR SALE

1225 Rimmer Ave Pacific Palisades, CA 90272

Estimated Value: $3,534,000 - $6,376,865

4 Beds
4 Baths
4,300 Sq Ft
$1,244/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $5,141,000 $1,196 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $35,150/month

131 Days on Market

Highlights

  • Contemporary Architecture
  • Central Air
  • 1-Story Property
  • Views

About This Home

As of December 2015

This home is located at 1225 Rimmer Ave, Pacific Palisades, CA 90272 since 08 July 2015 and is currently estimated at $5,347,955, approximately $1,243 per square foot. This property was built in 1948. 1225 Rimmer Ave is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Marquez Charter School, and Paul Revere Charter Middle School.

Last Agent to Sell the Property

Peter Mac

The Agency License #01963649 Listed on: 07/08/2015

The Agency

Co-Listed By

Nima Tehrany

Compass License #01305628

Last Buyer's Agent

Gary I Glass

Christie's International Real Estate SoCal License #00933169

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,122

Year Built

  • Built in 1948

Lot Details

  • 8,747 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,300 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 4422-018-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,122

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4300
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 1279.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Utilities

  • Cooling: Central

Lot Info

  • Assessor Parcel Number: 4422-018-005
  • Geocode Override: No
  • Lot Size Area: 8747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Nov 25, 2015
Sold by
Adalsteins Elfar and Adalsteins Anna Maria
Bought by
Kurstin Catherine M and Catherine M Kurstin Living Tru
Seller's Agent
Peter Mac
The Agency
Buyer's Agent
Gary I Glass
Christie's International Real Estate SoCal
List Price
$5,500,000
Sold Price
$5,141,000
Premium/Discount to List
-$359,000
-6.53%
Current Estimated Value
$5,347,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,955
Avg. Annual Appreciation
1.76%

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 15, 2013
Sold by
Mansouri Maryam
Bought by
Adalsteins Elfar and Adalsteins Anna Maria
Seller's Agent
Penny Negrin
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kennon Earl
Compass
List Price
$1,995,000
Sold Price
$1,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.46%

Purchase Details

Closed on
Jan 29, 2007
Sold by
Given Robert H and The Elizabeth G Maughan 2005 L
Bought by
Mansouri Maryam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.18%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 20, 2005
Sold by
Maughan Elizabeth G and Maughan Philip D
Bought by
Maughan Elizabeth G and Maughan 2005 Livin Elizabeth G
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
Kurstin Catherine M $5,141,000 Chicago Title Company
Adalsteins Elfar $1,995,000 California Title Company
Mansouri Maryam -- California Title Company
Mansouri Maryam -- California Title Company
Maughan Elizabeth G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mansouri Maryam $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2015 12/11/15 Sold $5,141,000 -6.5% $1,196 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $5,500,000 0.0% $1,279 / Sq Ft
11/01/2013 11/01/13 Rented $4,450 0.0% --
11/01/2013 11/01/13 Under Contract -- -- --
09/20/2013 09/20/13 For Rent $4,450 0.0% --
08/30/2013 08/30/13 Sold $1,995,000 0.0% $1,171 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $1,995,000 -- $1,171 / 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 $72,122 $3,847,340 $3,847,340 --
2024 $72,122 $5,966,565 $5,802,926 $163,639
2023 $70,705 $5,849,575 $5,689,144 $160,431
2022 $67,382 $5,734,879 $5,577,593 $157,286
2021 $66,580 $5,622,431 $5,468,229 $154,202
2019 $64,565 $5,455,669 $5,306,040 $149,629
2018 $64,369 $5,348,696 $5,202,000 $146,696
2016 $61,603 $5,141,000 $5,000,000 $141,000
2015 $24,472 $2,034,859 $1,618,402 $416,457
2014 $24,543 $1,995,000 $1,586,700 $408,300
Source: Public Records

Agents Affiliated with this Home

  • Peter Mac

    Seller's Agent in 2015

    Peter Mac

    The Agency

    (310) 357-5580

    2 in this area

    47 Total Sales

    Peter Mac
    Section Image
  • Nima Tehrany

    Seller Co-Listing Agent in 2015

    Nima Tehrany

    Compass

    (310) 617-6462

    81 Total Sales

    Nima Tehrany
    Section Image
  • Gary I Glass

    Buyer's Agent in 2015

    Gary I Glass

    Christie's International Real Estate SoCal

    (310) 820-9343

    11 in this area

    23 Total Sales

    Gary I Glass
    Section Image
  • Kennon Earl

    Seller's Agent in 2013

    Kennon Earl

    Compass

    (310) 432-6492

    67 Total Sales

    Kennon Earl
    Section Image

  • P

    Seller's Agent in 2013

    Penny Negrin

    Berkshire Hathaway HomeServices California Properties

    Section Image
  • Thomas Davila

    Seller Co-Listing Agent in 2013

    Thomas Davila

    Compass

    (323) 327-8292

    100 Total Sales

    Thomas Davila
    Section Image
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Map

Source: The MLS

MLS Number: 15-965083

The MLS

APN: 4422-018-005

California Los Angeles County Pacific Palisades 90272

1225 Rimmer Ave, Pacific Palisades, CA

This home is located at 1225 Rimmer Ave, Pacific Palisades, CA 90272 since 08 July 2015 and is currently estimated at $5,347,955, approximately $1,243 per square foot. This property was built in 1948. 1225 Rimmer Ave is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Marquez Charter School, and Paul Revere Charter Middle School.

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