NOT LISTED FOR SALE

1293 Palisades Dr Pacific Palisades, CA 90272

Estimated Value: $886,000 - $1,201,108

2 Beds
2 Baths
1,300 Sq Ft
$768/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $1,134,000 $872 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $7,264/month

9 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • View of Hills
  • 24-Hour Security
  • 3.14 Acre Lot
  • Clubhouse

About This Home

As of June 2021

Stunning private corner townhome in an A+ location on the rim of the canyon overlooking the Santa Monica Mountains. Come home to peace, quiet, tranquility around the corner from world-class hiking trails. This townhome offers a magnificent open floor plan with vaulted ceilings, vented skylights, fireplace, and tons of natural light. LIGHT, BRIGHT, AIRY, --This home has a cook's kitchen complete with stainless appliances that opens up to the dining room, living room, and double wide patio perfect for indoor/outdoor living. Additional features include: custom designed laundry room with extra storage, oversized direct access 2 car garage, hardwood floors, a/c and custom plantation shutters throughout, separate "bonus" home office/workout room. This "one of a kind" home has southwest facing exposure and is a true entertainer's delight! Property is a member of the private Santa Ynez Rec Center with its Olympic sized pool, spa, tennis courts, and clubhouse--perfect for all those catered parties you can plan See PRIVATE REMARKS FOR SHOWING INSTRUCTIONS. First showings April 17. Do NOT use SHOWINGS PLUS.

Last Agent to Sell the Property

Natalie Reichman

Rodeo Realty - Pacific Palisades License #01317889 Listed on: 04/14/2021

Rodeo Realty - Pacific Palisades

Last Buyer's Agent

Jill Fischer

The ONE Luxury Properties License #00907458

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,683

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Property Near a Canyon
  • South Facing Home

HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Gas and Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4431-008-013

Community Details

Overview

  • Association fees include water, insurance
  • 36 Units
  • Tibolt Asset Management Association, Phone Number (310) 260-7891
  • Maintained Community

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,683

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$768 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Santa Ynez Canyon
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1300
  • Lot Acreage: 3.1389
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1973
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Moldings
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Hardwood, Stone
  • Appliances: Gas/Electric Range
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan
  • Fireplace: Yes
  • Inclusions: range/oven, dishwasher, refrigerators, garbage disposal, washer, dryer
  • Price Per S Q F T: 752.31
  • Windows: Skylights, Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Other Features: High Ceilings (9 Feet+)
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Exposure: southwest
  • Patio: Patio Open
  • Pool Description: Community
  • Pool: Yes
  • View: Green Belt, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour
  • Water: Meter on Property

Association/Amenities

  • Amenities: Assoc Pet Rules, Clubhouse, Exercise Room, Pool, Spa, Rec Multipurpose Rm, Guest Parking, Assoc Maintains Landscape
  • Pet Rules: Assoc Pet Rules, Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Water, Insurance
  • HOA Fees: 650.00
  • Management Company: Tibolt Asset Management
  • Mgmt Co 2: LPBM
  • Mgmt Co Phone: 3102607891|
  • Mgmt Co 2 Phone: 8189811802|
  • Phone: 3102607891|
  • HOA Fees: 118.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4431-008-013
  • Lot Location: Canyon
  • Lot Size Area: 136729

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 4, 2021
Sold by
Reichman Natalie and Natalie Reichman Trust
Bought by
Rasgon Maurice and Rasgon Maurice 2010
Seller's Agent
Natalie Reichman
Rodeo Realty - Pacific Palisades
Buyer's Agent
Jill Fischer
The ONE Luxury Properties
List Price
$978,000
Sold Price
$1,134,000
Premium/Discount to List
$156,000
15.95%
Current Estimated Value
$998,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,631
Avg. Annual Appreciation
-0.27%
Original Mortgage
$850,500
Outstanding Balance
$771,697
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$349,006

Purchase Details

Closed on
Jul 1, 2002
Sold by
Reichman Natalie
Bought by
Reichman Natalie and Natalie Reichman Trust
Source: Public Records

Range of Values:

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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
Rasgon Maurice $1,134,000 Fidelity National Title Co
Reichman Natalie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasgon Maurice $850,500
Previous Owner Reichman Natalie $277,000
Previous Owner Reichman Natalie $190,470
Previous Owner Reichman Natalie $200,000
Previous Owner Reichman Natalie $350,000
Previous Owner Reichman Natalie $300,000
Previous Owner Reichman Natalie $250,000
Previous Owner Reichman Natalie $150,000
Previous Owner Reichman Natalie $87,000
Previous Owner Reichman Natalie S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $1,134,000 +16.0% $872 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $978,000 -- $752 / 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 $14,683 $465,878 $465,878 --
2024 $14,683 $1,203,408 $913,487 $289,921
2023 $14,400 $1,179,813 $895,576 $284,237
2022 $13,730 $1,156,680 $878,016 $278,664
2021 $4,369 $358,726 $71,733 $286,993
2020 $4,411 $355,049 $70,998 $284,051
2019 $4,239 $348,088 $69,606 $278,482
2018 $4,202 $341,264 $68,242 $273,022
2016 $4,010 $328,014 $65,593 $262,421
2015 $3,952 $323,088 $64,608 $258,480
2014 $3,972 $316,760 $63,343 $253,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-719024

The MLS

APN: 4431-008-013