NOT LISTED FOR SALE

1281 Chautauqua Blvd Pacific Palisades, CA 90272

Estimated Value: $4,050,000 - $8,552,492

3 Beds
2 Baths
1,888 Sq Ft
$3,317/Sq Ft Est. Value

Last Sold December 02, 2015

Last sale price $3,395,000 $1,798 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $40,491/month

38 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Wood Flooring
  • Room in yard for a pool
  • Traditional Architecture
  • Built-In Features

About This Home

As of December 2015

Excellent building opportunity. Situated above the Palisades Village. Chautauqua to McKendree street to street lot. Ocean views and city lights make this a great site to build an estate or larger home. House is major fixer or tear down.

Last Agent to Sell the Property

James Respondek

Rodeo Realty - Pacific Palisades License #00713972 Listed on: 09/25/2015

Rodeo Realty - Pacific Palisades

Last Buyer's Agent

Santiago Arana

The Agency License #01492489

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,733

Year Built

  • Built in 1950

Lot Details

  • 10,370 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Room in yard for a pool

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4422-009-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,733

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1888
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 1798.20

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4422-009-010
  • Geocode Override: No
  • Lot Size Area: 10370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Kim Michael D
Bought by
Kim Michael D
Current Estimated Value
$6,410,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,961,639
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$3,300,192

Purchase Details

Closed on
Sep 25, 2020
Sold by
Kim Susan
Bought by
Kim Michael D

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
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 25, 2015
Closed on
Nov 13, 2015
Sold by
River Lord Llc
Bought by
Kim Michael D
Seller's Agent
James Respondek
Rodeo Realty - Pacific Palisades
Buyer's Agent
Santiago Arana
The Agency
List Price
$3,250,000
Sold Price
$3,395,000
Premium/Discount to List
$145,000
4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$2,167,825
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 23, 2014
Sold by
Belzer Lisa Rein
Bought by
River Lord Llc
Seller's Agent
Paul Pekar
Compass
Buyer's Agent
James Respondek
Rodeo Realty - Pacific Palisades
List Price
$2,895,000
Sold Price
$2,615,000
Premium/Discount to List
-$280,000
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.33%

Purchase Details

Closed on
Sep 24, 2011
Sold by
Belzer Lisa Rein and Belzer Steven R
Bought by
Belzer Lisa Rein

Purchase Details

Closed on
Jan 3, 2007
Sold by
Belzer Steven R and Belzer Lisa Rein
Bought by
Belzer Steven R and Belzer Lisa Rein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2003
Sold by
Belzer Lisa Rein and Belzer Steven R
Bought by
Belzer Steven R and Belzer Lisa Rein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2002
Sold by
Belzer Steven R and Belzer Lisa Rein
Bought by
Belzer Lisa Rein and Belzer Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.09%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Clifford Craig T
Bought by
Belzer Lisa Rein

Purchase Details

Closed on
Jun 22, 1994
Sold by
Belzer Lisa R
Bought by
Belzer Lisa Rein and Belzer Steven R
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
Kim Michael D -- Provident Title Company
Kim Michael D -- Fidelity National Title Co
Kim Michael D $3,395,000 Chicago Title
River Lord Llc $2,615,026 Provident Title
Belzer Lisa Rein -- Accommodation
Belzer Steven R -- United Title Company
Belzer Steven R -- Equity Title Company
Belzer Lisa Rein -- Equity Title
Belzer Steven R -- Equity Title Company
Belzer Lisa Rein -- United Title Company
Belzer Lisa Rein -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Michael D $3,000,000
Previous Owner Kim Michael D $2,000,000
Previous Owner Kim Michael D $320,000
Previous Owner Kim Michael D $1,000,000
Previous Owner Kim Michael D $1,300,000
Previous Owner Kim Michael D $1,000,000
Previous Owner Kim Michael D $2,167,825
Previous Owner Belzer Lisa Rein $708,000
Previous Owner Belzer Steven R $708,000
Previous Owner Belzer Steven R $500,000
Previous Owner Belzer Steven R $372,000
Previous Owner Belzer Steven R $370,000
Previous Owner Belzer Lisa Rein $294,000
Previous Owner Belzer Lisa Rein $100,000
Previous Owner Belzer Lisa Rein $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2015 12/02/15 Sold $3,395,000 0.0% $1,798 / Sq Ft
10/20/2015 10/20/15 Price Changed $3,395,000 -9.5% $1,798 / Sq Ft
09/28/2015 09/28/15 Price Changed $3,750,000 +15.4% $1,986 / Sq Ft
09/25/2015 09/25/15 For Sale $3,250,000 +24.3% $1,721 / Sq Ft
07/28/2014 07/28/14 Sold $2,615,000 -9.7% $1,385 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $2,895,000 -- $1,533 / 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 $64,733 $2,612,344 $2,612,344 --
2024 $64,733 $5,333,940 $3,940,187 $1,393,753
2023 $63,467 $5,229,354 $3,862,929 $1,366,425
2022 $60,492 $5,126,819 $3,787,186 $1,339,633
2021 $59,746 $5,026,294 $3,712,928 $1,313,366
2020 $59,904 $3,674,857 $3,674,857 $0
2019 $42,508 $3,602,801 $3,602,801 $0
2018 $42,511 $3,532,157 $2,621,391 $910,766
2016 $40,700 $3,395,000 $2,519,600 $875,400
2015 $31,407 $2,615,000 $2,092,000 $523,000
2014 $5,300 $421,193 $333,660 $87,533
Source: Public Records

Agents Affiliated with this Home

  • James Respondek

    Seller's Agent in 2015

    James Respondek

    Rodeo Realty - Pacific Palisades

    (310) 488-4400

    11 in this area

    28 Total Sales

    Section Image
  • Santiago Arana

    Buyer's Agent in 2015

    Santiago Arana

    The Agency

    (310) 926-9808

    26 in this area

    100 Total Sales

    Section Image
  • Paul Pekar

    Seller's Agent in 2014

    Paul Pekar

    Compass

    (310) 779-3108

    4 in this area

    6 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Carol Ellis

    Compass

    (310) 422-7134

    1 in this area

    1 Total Sale

    Section Image
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Map

Source: The MLS

MLS Number: 15-945001

The MLS

APN: 4422-009-010

California Los Angeles County Pacific Palisades 90272

1281 Chautauqua Blvd, Pacific Palisades, CA

This home is located at 1281 Chautauqua Blvd, Pacific Palisades, CA 90272 since 25 September 2015 and is currently estimated at $6,261,831, approximately $3,316 per square foot. This property was built in 1950. 1281 Chautauqua Blvd 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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