NOT LISTED FOR SALE

1337 Monument St Pacific Palisades, CA 90272

Estimated Value: $6,160,000 - $11,864,933

6 Beds
7.5 Baths
1,393 Sq Ft
$6,154/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2018

Last sale price $11,450,000 $8,220 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $58,300 / mo

36 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Sauna
  • Wine Cellar
  • Infinity Pool
  • Primary Bedroom Suite

About This Home

As of December 2018

This newly constructed, contemporary Farmhouse is a masterpiece of design offering breathtaking Pacific Ocean views as well as 180-degree panoramic city landscape. This is truly a unique property with exquisite taste and detail situated in the prestigious Pacific Palisades neighborhood just moments away from the new Caruso's Palisades Village. Lined with beautiful & mature trees & fully equipped with Control 4 Smart Home system & boasts 6 en-suite bedrooms & 7.5 bathrooms. Enter on the main level to high ceilings, open floor plan, & fully automated electric sliding glass doors that open fully, enjoy the gorgeous views in the most serene setting. Spacious chef's kitchen with top-of-the-line appliances & walk-in pantry. Upstairs, the private master suite features an extra-large walk-in closet, his and hers bathroom, steam room, Wolf coffee maker, refrigerator, fireplace & balcony. Amenities include full bar, theater, sauna, gym, elevator, rooftop deck, BBQ, infinity pool and spa.

Last Agent to Sell the Property

Santiago Arana

The Agency License #01492489 Listed on: 11/15/2018

The Agency

Last Buyer's Agent

Anne Burkin

Compass License #01802520

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 8,841 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3-Story Property
  • Elevator
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Sauna
  • Home Gym
  • Wood Flooring
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Oven
  • Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower

Pool

  • Infinity Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-016-015

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

8,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Stories: 3
  • Year Built: 2018
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Built-In BBQ, Built-Ins, Oven, Range
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 7
  • Half Bathroom: 1
  • Bedroom Features: Dressing Area, Master Bedroom, Master Retreat, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, Formal Dining Rm, In Kitchen, Kitchen Island
  • Kitchen Features: Island, Open to Family Room, Pantry
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: City, City Lights, Coastline, Ocean, Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4422-016-015
  • Geocode Override: No
  • Lot Size Area: 8841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Nov 27, 2018
Sold by
1337 Monument Investment Llc
Bought by
Ferrier Todd and Ferrier Kim G
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Anne Burkin
Compass
List Price
$11,995,000
Sold Price
$11,450,000
Premium/Discount to List
-$545,000
-4.54%
Current Estimated Value
$8,572,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,877,356
Avg. Annual Appreciation
-3.85%
Original Mortgage
$10,750,000
Outstanding Balance
$9,530,758
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$958,114

Purchase Details

Closed on
Jul 6, 2016
Sold by
Hopkins Stella and The Samson Holding Trust
Bought by
1337 Monument Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,075,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2015
Sold by
Marshall Marion and William D & Marshall Family Tr
Bought by
Hopkins Stella and The Samson Holding Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ferrier Todd $11,450,000 Lawyers Title Company
1337 Monument Investment Llc $3,450,000 Equity Title Company
Hopkins Stella $2,500,000 Equity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ferrier Todd $10,750,000
Previous Owner 1337 Monument Investment Llc $5,075,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2018 12/28/18 Sold $11,450,000 -4.5% $8,220 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $11,995,000 +379.8% $8,611 / Sq Ft
10/22/2015 10/22/15 Sold $2,500,000 +8.9% $1,795 / Sq Ft View Prior Sale
10/22/2015 10/22/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $2,295,000 -- $1,648 / Sq Ft
Source: The MLS

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 $150,984 $4,981,348 $4,981,348 --
2024 $150,984 $12,522,242 $7,513,346 $5,008,896
2023 $148,006 $12,276,709 $7,366,026 $4,910,683
2022 $141,034 $12,035,991 $7,221,595 $4,814,396
2021 $139,350 $11,799,993 $7,079,996 $4,719,997
2019 $135,121 $11,450,000 $6,870,000 $4,580,000
2018 $42,316 $3,519,000 $3,519,000 $0
2016 $30,002 $2,500,000 $2,000,000 $500,000
2015 $1,800 $140,714 $96,880 $43,834
2014 $1,817 $137,959 $94,983 $42,976
Source: Public Records

Agents Affiliated with this Home

  • Santiago Arana

    Seller's Agent in 2018

    Santiago Arana

    The Agency

    (310) 926-9808

    25 in this area

    86 Total Sales

    Santiago Arana
    Section Image
  • Anne Burkin

    Buyer's Agent in 2018

    Anne Burkin

    Compass

    (310) 699-5062

    7 in this area

    39 Total Sales

    Anne Burkin
    Section Image
  • Peter Wendel

    Seller's Agent in 2015

    Peter Wendel

    Compass

    (310) 418-3464

    1 in this area

    18 Total Sales

    Peter Wendel
    Section Image
  • Nora Wendel

    Seller Co-Listing Agent in 2015

    Nora Wendel

    Compass

    (310) 918-2064

    1 in this area

    31 Total Sales

    Nora Wendel
    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 18-408154

The MLS

APN: 4422-016-015

California Los Angeles County Pacific Palisades 90272

1337 Monument St, Pacific Palisades, CA

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