NOT LISTED FOR SALE

1317 Berea Place Pacific Palisades, CA 90272

Estimated Value: $6,296,000 - $7,841,961

5 Beds
7 Baths
5,112 Sq Ft
$1,380/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $6,050,000 $1,183 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $44,413/month

16 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Open Floorplan
  • Art Studio
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom Retreat

About This Home

As of March 2015

Brand new, brilliant renovation of an exceptional ocean view architectural, originally designed by Matt Kivlin, AIA, a renowned 1950s surfing pioneer and legendary surfboard builder. Refined, light-filled floor plan with soaring twelve foot ceilings and grand Fleetwood doors opens to blue water vistas and Palisades village lights below. Masterwork kitchen with Thermador appliances and Imperial Vagli-Oro Calacatta countertops. Master suite with exceptional-sized closets, master bath with Bateig Blue limestone and beautiful Wonder Grey quartzite counters. All secondary bedrooms with ensuite baths, each finished with exceptional materials. Media room and office, both with wonderful ocean views. Sparkling pool, legacy Redwood trees, fire pit patio, and grassy lawn. Sonos music system, 4-camera security system, and rare, 4-car garage with adjacent artist's atelier. A singular, once-in-a-decade Palisades home, blending glamorous indoor/outdoor living, comfort and unparalleled amenities.

Last Agent to Sell the Property

Todd Baker

Coldwell Banker Realty License #01446166 Listed on: 02/23/2015

Coldwell Banker Realty

Last Buyer's Agent

Steve Frankel

Coldwell Banker Realty License #01195571

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,027

Year Built

  • Built in 1975

Lot Details

  • 0.31 Acre Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Stucco

Interior Spaces

  • 5,112 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Art Studio
  • Workshop
  • Craft Room
  • Home Gym
  • Center Hall
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4422-007-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,027

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 5112
  • Stories: 2
  • Year Built: 1975
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Open Floor Plan
  • Fireplace Rooms: Master Retreat
  • Flooring: Carpet, Hardwood, Marble, Stone
  • Appliances: Cooktop - Gas, Range Hood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 2
  • Bedroom Features: Master Retreat, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Family Kitchen, Family Room, Kitchen Island, Living Room
  • Kitchen Features: Island, Marble Counters, Remodeled
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Network Wire, Range/Oven, Refrigerator
  • Price Per S Q F T: 1114.05

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, Catalina, City Lights, Coastline, Mountains, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4422-007-025
  • Geocode Override: No
  • Lot Size Area: 13517

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Pregerson Dean and Pregerson Sharon
Bought by
Pregerson Dean and Pregerson Sharon
Current Estimated Value
$7,052,654

Purchase Details

Listed on
Feb 23, 2015
Closed on
Mar 24, 2015
Sold by
Pfp Residential V Llc
Bought by
Pregerson Dean and Pregerson Sharon
Seller's Agent
Todd Baker
Coldwell Banker Realty
Buyer's Agent
Steve Frankel
Coldwell Banker Realty
List Price
$5,695,000
Sold Price
$6,050,000
Premium/Discount to List
$355,000
6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%

Purchase Details

Closed on
Jan 30, 2014
Sold by
Anr Development Company Llc
Bought by
Pfp Residential V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.46%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 10, 2013
Sold by
Petrick Wilbur J and Buds Bypass Trust
Bought by
Anr Development Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,694,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2013
Sold by
Petrick Kimberly and Petrick John
Bought by
Petrick Wilbur John

Purchase Details

Closed on
May 4, 2004
Sold by
Petrick Wilbur J and The Wilbur John Petrick Family
Bought by
Petrick Wilbur J and Buds Bypass Trust

Purchase Details

Closed on
Nov 9, 1993
Sold by
Petrick Wilbur John and Petrick Loretta M
Bought by
Petrick Wilbur John and Petrick Loretta M
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
Pregerson Dean -- None Available
Pregerson Dean $6,050,000 Lawyers Title
Pfp Residential V Llc -- Accommodation
Anr Development Company Llc $2,420,000 Lawyers Title
Petrick Wilbur John -- Lawyers Title
Petrick Wilbur John -- None Available
Petrick Wilbur J -- --
Petrick Wilbur John -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fami Dean $292,600
Previous Owner Pfp Residential V Llc $2,500,000
Previous Owner Anr Development Company Llc $1,694,000
Previous Owner Petrick Wilbur John $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $6,050,000 +6.2% $1,183 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $5,695,000 -- $1,114 / 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 $86,027 $3,281,050 $3,281,050 --
2024 $86,027 $7,128,616 $4,948,794 $2,179,822
2023 $84,333 $6,988,840 $4,851,759 $2,137,081
2022 $80,366 $6,851,805 $4,756,627 $2,095,178
2021 $79,408 $6,717,457 $4,663,360 $2,054,097
2019 $77,001 $6,518,215 $4,525,043 $1,993,172
2018 $76,795 $6,390,408 $4,436,317 $1,954,091
2016 $73,493 $6,142,262 $4,264,050 $1,878,212
2015 $54,307 $4,524,926 $3,263,936 $1,260,990
2014 -- $2,420,000 $1,590,400 $829,600
Source: Public Records

Agents Affiliated with this Home

  • Todd Baker

    Seller's Agent in 2015

    Todd Baker

    Coldwell Banker Realty

    (310) 801-1475

    3 in this area

    21 Total Sales

    Todd Baker
    Section Image
  • Steve Frankel

    Buyer's Agent in 2015

    Steve Frankel

    Coldwell Banker Realty

    (310) 508-5008

    3 in this area

    103 Total Sales

    Steve Frankel
    Section Image
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Map

Source: The MLS

MLS Number: 15-881395

The MLS

APN: 4422-007-025

California Los Angeles County Pacific Palisades 90272

1317 Berea Place, Pacific Palisades, CA

This home is located at 1317 Berea Place, Pacific Palisades, CA 90272 since 23 February 2015 and is currently estimated at $7,052,654, approximately $1,379 per square foot. This property was built in 1975. 1317 Berea Place 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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