NOT LISTED FOR SALE

1271 Rimmer Ave Pacific Palisades, CA 90272

Estimated Value: $4,226,000 - $5,930,506

5 Beds
6 Baths
4,648 Sq Ft
$1,121/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $6,000,000 $1,291 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $34,037/month

21 Days on Market

Highlights

  • Ocean View
  • Maid or Guest Quarters
  • Wood Flooring
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of September 2018

This exquisitely crafted villa rests above the Palisades Village and has breathtaking ocean, canyon, and sunset views. Entry level w/open LR and DR w/French drs to view balcony, a guest suite, den w/ full bath and gourmet kitchen. Upstairs has a luxurious Master Suite, 2 family BD w/ shared bath and a rec. room. Lower level w/bath opens to the pool and can be used as a bedroom, gym, rec. room, or private getaway. The enchanting grounds have a myriad of entertaining spaces.

Last Agent to Sell the Property

Ellen McCormick

Berkshire Hathaway HomeServices California Properties License #00872518 Listed on: 07/09/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Sandi Jacoby

Berkshire Hathaway HomeServices California Properties License #00828431

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,819

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Property is zoned LAR1

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Canyon

Home Design

  • Spanish Architecture

Interior Spaces

  • 4,648 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Den with Fireplace
  • Game Room with Fireplace
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Outdoor Features

  • In Ground Pool
  • Open Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-018-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,819

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 4648
  • Stories: 3
  • Year Built: 1950
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Fire Pit, Game Room, Living Room, Master Bedroom
  • Flooring: Tile, Wood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Built-Ins
  • Price Per S Q F T: 1344.66

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa Yn: No
  • View: Canyon, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-018-013
  • Geocode Override: No
  • Lot Size Area: 13035

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2023
Sold by
Winthrop Family Trust
Bought by
1271 Rimmer Avenue Llc
Current Estimated Value
$5,209,502

Purchase Details

Closed on
Jun 30, 2003
Sold by
Tardio Neil Joseph and Tardio Julia Hine
Bought by
Tardio Neil J
Source: Public Records

Range of Values:

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Average Value
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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
1271 Rimmer Avenue Llc -- None Listed On Document
Tardio Neil J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winthrop Eric $3,900,000
Previous Owner Winthrop Eric $3,900,000
Previous Owner Tardio Neil J $600,000
Previous Owner Tardio Neil J $1,600,000
Previous Owner Tardio Neil J $1,000,000
Previous Owner Drobnick Betsy K $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2018 09/20/18 Sold $6,000,000 -4.0% $1,291 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $6,250,000 0.0% $1,345 / Sq Ft
05/21/2014 05/21/14 Rented $22,000 -12.0% --
05/21/2014 05/21/14 Under Contract -- -- --
03/21/2014 03/21/14 For Rent $25,000 -- --
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 $67,819 $3,043,170 $3,043,170 --
2024 $67,819 $5,610,000 $4,590,000 $1,020,000
2023 $64,820 $5,361,008 $4,288,807 $1,072,201
2022 $61,774 $5,255,891 $4,204,713 $1,051,178
2021 $61,034 $5,152,835 $4,122,268 $1,030,567
2019 $59,186 $5,000,000 $4,000,000 $1,000,000
2018 $21,652 $1,781,670 $742,940 $1,038,730
2016 $20,683 $1,712,488 $714,092 $998,396
2015 $20,379 $1,686,766 $703,366 $983,400
2014 $20,440 $1,653,726 $689,589 $964,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-362708

The MLS

APN: 4422-018-013