NOT LISTED FOR SALE

1273 Palisades Dr Pacific Palisades, CA 90272

Estimated Value: $1,028,000 - $1,348,873

3 Beds
2.5 Baths
1,820 Sq Ft
$653/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $1,379,000 $758 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $7,995/month

29 Days on Market

Highlights

  • Fitness Center
  • Views of Trees
  • Contemporary Architecture
  • In Ground Pool
  • 3.14 Acre Lot
  • Wood Flooring

About This Home

As of March 2024

Ideally situated on the rim of the Lower Woodies with tranquil sounds of the creek and serene mountain views. This highly-desirable unit offers the preferred floorplan with all 3 bedrooms on the upper level, plus two beautifully remodeled baths also on the upper level. A scenic pathway brings you to the front door of this semi-corner unit. Enter the bright living room with soaring ceiling and fireplace or from the 2-car private garage below. A spacious dining area overlooks the living room and leads to the kitchen featuring Viking range, granite counters and wood cabinetry. The level is completed by a dedicated pantry/laundry room and a powder room adjacent to the kitchen. Sit on the private patio with recently replaced Trex flooring and enjoy the sounds, sights & smells of nature. Membership to the Santa Ynez Rec Center on nearby Palisades Circle includes: Olympic-sized swimming pool, spa, gym, tennis & pickleball, playground & clubhouse. HOA dues cover water, sewer and building earthquake insurance. Hiking trails just minutes away, local beaches within a few miles and close proximity to Sunset Blvd & PCH. See DOCS for Seller disclosures & offer guidelines. Seller does not know the condition of the fireplace and will do no repairs/credits.

Last Agent to Sell the Property

Michael Edlen

Coldwell Banker Realty License #00902158 Listed on: 03/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Daniel Lowe

Compass License #01893579

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,125

Year Built

  • Built in 1973

Lot Details

  • 3.14

HOA Fees

Property Views

  • Trees
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4431-008-027

Community Details

Overview

  • 36 Units
  • Maintained Community

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,125

Year Built

Built in 1973

Lot Details

0

HOA Fees

$874 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary Mediterranean
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Santa Ynez Canyon
  • Entry Floor: 1
  • Living Area: 1820
  • Lot Acreage: 3.1387
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1973
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Gas Starter, Gas
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 766.48

Exterior Features

  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Tree Top, Canyon, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage - 2 Car, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Fitness Center, Tennis Courts, Pool, Playground, Pickleball
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 725.00
  • HOA Fees: 149.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4431-008-027
  • Lot Size Area: 136722

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Charles Dimont Trust
Bought by
Frederico Joel Travis and Frederico Danae Natalie
Current Estimated Value
$1,188,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,090
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2013
Sold by
Dimont Charles
Bought by
Dimont Charles and The Charles Dimont Trust

Purchase Details

Closed on
Oct 26, 2011
Sold by
Dimont Cheryl
Bought by
Dimont Charles

Purchase Details

Closed on
Oct 24, 2011
Sold by
Chen Jaime and Chen Cathy Yunlan
Bought by
Dimont Charles

Purchase Details

Closed on
May 18, 2005
Sold by
Dunn Christopher and Sedwick Catherine
Bought by
Chen Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Frederico Joel Travis $1,379,000 Equity Title
Dimont Charles -- None Available
Dimont Charles -- Equity Title Los Angeles
Dimont Charles $672,000 Equity Title Company
Chen Jaime $925,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frederico Joel Travis $1,240,090
Previous Owner Chen Jaime $740,000
Previous Owner Dunn Christopher $206,000
Closed Chen Jaime $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 For Sale $1,395,000 +1.2% $766 / Sq Ft
03/21/2024 03/21/24 Sold $1,379,000 0.0% $758 / Sq Ft
06/13/2023 06/13/23 Off Market $1,379,000 -- --
05/26/2023 05/26/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $1,395,000 -6.7% $766 / Sq Ft
04/27/2023 04/27/23 For Sale $1,495,000 -- $821 / 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 $10,125 $1,406,580 $991,134 $415,446
2024 $10,125 $827,511 $488,380 $339,131
2023 $9,931 $811,286 $478,804 $332,482
2022 $9,472 $795,379 $469,416 $325,963
2021 $9,348 $779,784 $460,212 $319,572
2019 $9,067 $756,658 $446,563 $310,095
2018 $9,022 $741,822 $437,807 $304,015
2016 $8,621 $713,017 $420,807 $292,210
2015 $8,494 $702,308 $414,487 $287,821
2014 $8,524 $688,551 $406,368 $282,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-264155

The MLS

APN: 4431-008-027