NOT LISTED FOR SALE

1344 Marinette Rd Pacific Palisades, CA 90272

Estimated Value: $4,329,000 - $14,421,494

0.69 Acre
$13,560,875 Price per Acre
30,115 Sq Ft Lot

Last Sold February 13, 2015

Last sale price $4,500,000 $1,384 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $63,784/month

14 Days on Market

About This Lot

As of February 2015

A rare opportunity to acquire a magnificent estate-size lot with stunning panoramic ocean, canyon, mountain, and city views. Conveniently located near village schools, shops and restaurants. The 30,115 square foot lot features a large and private pad of approximately 14,867 square feet and has been expanded, reinforced, graded and prepared for the construction of a beautiful single family residence.

Last Agent to Sell the Property

Chris Hicks

The Agency License #01315836 Listed on: 12/04/2014

The Agency

Last Buyer's Agent

Chris Hicks

The Agency License #01315836 Listed on: 12/04/2014

The Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $166,003

Lot Details

  • 0.69

Property Views

  • Ocean
  • City Lights
  • Canyon

Additional Features

  • 0.69 Acre Lot
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4422-032-018

Property Details

Property Type

Land

Est. Annual Taxes

$166,003

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt, Private
  • View: Canyon, City Lights, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Sewer: In Street
  • Telephone: No
  • Water: In Street

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4422-032-018
  • Geocode Override: No
  • Lot Size Area: 30115
  • Site Decription: Hillside
  • Topography: Pad,Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2016
Sold by
1344 Marinette Llc
Bought by
Walsh Family Trust
Current Estimated Value
$9,375,247

Purchase Details

Listed on
Dec 4, 2014
Closed on
Jan 29, 2015
Sold by
Niemeyer Scott A
Bought by
1344 Marinette Llc
Seller's Agent
Chris Hicks
The Agency
Buyer's Agent
Chris Hicks
The Agency
List Price
$4,595,000
Sold Price
$4,500,000
Premium/Discount to List
-$95,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Jan 14, 2008
Sold by
Dahan Gary S and Dahan Victoria C
Bought by
Niemeyer Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,912,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2007
Sold by
Froehlich Clyde William and Froehlich Marion Ingrid
Bought by
Dahan Gary S and Dahan Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2007
Sold by
Dahan Gary S
Bought by
Dahan Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2005
Sold by
The Harry W Froehlich Family Trust
Bought by
Froehlich Harry W
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
Walsh Family Trust -- None Available
1344 Marinette Llc $4,500,000 Lawyers Title
Niemeyer Scott A $2,550,000 California Title Co
Dahan Gary S $2,400,000 California Title Company
Froehlich Clyde William -- California Title Company
Froehlich Clyde William -- California Title Company
Dahan Victoria C -- California Title Company
Dahan Gary S -- California Title Company
Froehlich Harry W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1344 Marinette Llc $9,500,000
Closed 1344 Marinette Llc $9,500,000
Previous Owner Niemeyer Scott A $1,912,500
Previous Owner Dahan Gary S $1,440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2015 02/13/15 Sold $4,500,000 -2.1% $1,384 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
12/04/2014 12/04/14 For Sale $4,595,000 -- $1,413 / 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 $166,003 $14,010,296 $5,408,323 $8,601,973
2024 $166,003 $13,735,585 $5,302,278 $8,433,307
2023 $162,736 $13,466,261 $5,198,312 $8,267,949
2022 $155,083 $13,202,218 $5,096,385 $8,105,833
2021 $153,217 $12,943,352 $4,996,456 $7,946,896
2019 $100,831 $4,848,259 $4,848,259 $0
2018 $56,992 $4,753,196 $4,753,196 $0
2016 $54,698 $4,568,625 $4,568,625 $0
2015 $26,823 $2,229,546 $2,229,546 $0
2014 $33,729 $2,732,339 $2,185,873 $546,466
Source: Public Records

Agents Affiliated with this Home

  • Chris Hicks

    Seller's Agent in 2015

    Chris Hicks

    The Agency

    (310) 564-7030

    2 in this area

    38 Total Sales

    Chris Hicks
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Map

Source: The MLS

MLS Number: 14-813679

The MLS

APN: 4422-032-018

California Los Angeles County Pacific Palisades 90272

1344 Marinette Rd, Pacific Palisades, CA

This home is located at 1344 Marinette Rd, Pacific Palisades, CA 90272 since 04 December 2014 and is currently estimated at $9,375,247, approximately $2,883 per square foot. 1344 Marinette Rd 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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