NOT LISTED FOR SALE

1346 Marinette Rd Pacific Palisades, CA 90272

Estimated Value: $6,715,000 - $11,161,753

5 Beds
6.5 Baths
4,108 Sq Ft
$2,072/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $10,050,000 $2,446 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $53,746/month

29 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Craftsman Architecture
  • Home Theater
  • 0.75 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of March 2021

Behind a long, gated driveway sits a Luxury Craftsman Estate with breathtaking ocean, mountain & city views. High ceilings, hardwood floors & large glass sliding doors allow for abundant natural light & ocean views. The spacious living room with fireplace & dining room with butlers pantry open to a patio with views. The gourmet kitchen with adjoining family room & breakfast area have sliding doors that seamlessly lead to a spacious backyard with a trellis covered seating area, beautifully landscaped grounds, BBQ area with pizza oven & pool & spa. The media room, guest suite with full bathroom, plus an additional bedroom complete the first floor. The luxurious master suite with fireplace features a private terrace with views, spa-style bath with glass shower, dual walk-in closets & office or gym adjacent. Two additional en-suite bedrooms & bathrooms upstairs. This home exemplifies Southern Californias signature indoor-outdoor lifestyle, moments away from the Palisades Village.

Last Agent to Sell the Property

Gary I Glass

Christie's International Real Estate SoCal License #00933169 Listed on: 11/25/2020

Christie's International Real Estate SoCal

Last Buyer's Agent

Paul Pekar

Compass License #00783762

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,424

Lot Details

  • 0.75 Acre Lot
  • Property is zoned LARE15

Parking

  • Garage

Property Views

  • Ocean
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Home Gym
  • Wood Flooring
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-032-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,424

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Lot Acreage: 0.7493
  • Stories: 2
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Attic Fan, Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer

Exterior Features

  • Other Structures: None
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Private Garage, Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-032-017
  • Lot Size Area: 32639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Mar 1, 2021
Sold by
1346 Marinette Llc
Bought by
Layne Jonathan Keith and Layne Sheryl Sterneck
Seller's Agent
Gary I Glass
Christie's International Real Estate SoCal
Buyer's Agent
Paul Pekar
Compass
List Price
$10,995,000
Sold Price
$10,050,000
Premium/Discount to List
-$945,000
-8.59%
Current Estimated Value
$8,511,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,538,416
Avg. Annual Appreciation
-3.79%

Purchase Details

Closed on
Oct 7, 2016
Sold by
Walsh Peter C and Walsh Denise L
Bought by
1346 Marinette Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,825,000
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2016
Sold by
1344 Marinette Llc
Bought by
Walsh Family Trust

Purchase Details

Closed on
Jul 6, 2011
Sold by
Dahan Gary S and Gary S Dahan Trust
Bought by
Dahan Gary S and Gary S Dahan Revocable 2009 Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2011
Sold by
Dahan Victoria
Bought by
Dahan Gary S and Gary S Dahan Revocable 2009 Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2011
Sold by
Dahan Gary S and Gary S Dahan Revocable 2009 Tr
Bought by
Walsh Peter C and Walsh Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2009
Sold by
Dahan Gary S and Dahan Victoria
Bought by
Dahan Gary S and The Gary S Dahan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2009
Sold by
Dahan Gary S and Gary S Dahan Revocable 1996 Tr
Bought by
Dahan Gary S and The Gary S Dahan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2009
Sold by
Dahan Gary S
Bought by
Dahan Gary S and Gary S Dahan Revocable 2009 Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2005
Sold by
Dahan Gary
Bought by
Dahan Gary S and Gary S Dahan Revocable 1996 Tr

Purchase Details

Closed on
Apr 6, 2005
Sold by
Dahan Victoria
Bought by
Dahan Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2005
Sold by
Tavangarian Ardeshir Ardie
Bought by
Dahan Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2004
Sold by
Tavangarian Tania
Bought by
Tavangarian Ardeshir Ardie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Tavangarian Ardeshir
Bought by
Tavangarian Ardeshir Ardie and Tavangarian Tania

Purchase Details

Closed on
Mar 25, 2003
Sold by
Tavangarian Tania
Bought by
Tavangarian Ardeshir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,000
Interest Rate
5.37%

Purchase Details

Closed on
Mar 13, 2003
Sold by
Atwill Maureen and Villablanca Natalie
Bought by
Tavangarian Ardeshir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,000
Interest Rate
5.37%

Purchase Details

Closed on
Aug 9, 2002
Sold by
Atwill Adrian J
Bought by
Atwill Adrian J and The Adrian J Atwill Living Tru

Purchase Details

Closed on
Oct 28, 1999
Sold by
Atwill Adrian J and The Adrian J Atwill Living Tru
Bought by
Atwill Adrian J and Atwill Maureen

Purchase Details

Closed on
Feb 17, 1998
Sold by
Atwill Adrian J
Bought by
Atwill Adrian J and The Adrian J Atwill Living Tru
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
Layne Jonathan Keith $10,050,000 Lawyers Title Company
1346 Marinette Llc $5,100,000 Chicago Title Company
Walsh Family Trust -- None Available
Dahan Gary S -- Equity Title
Dahan Gary S -- Equity Title
Walsh Peter C $3,010,000 Equity Title
Dahan Gary S -- First American Title
Dahan Gary S -- First American Title
Dahan Gary S -- None Available
Dahan Gary S -- None Available
Dahan Gary S -- --
Dahan Gary -- Fidelity National Title
Dahan Gary -- Fidelity National Title
Tavangarian Ardeshir Ardie -- Fidelity National Title Co
Tavangarian Ardeshir Ardie -- Fidelity National Title Co
Tavangarian Ardeshir Ardie -- --
Tavangarian Ardeshir -- Equity Title Company
Tavangarian Ardeshir $1,355,000 Equity Title Company
Atwill Adrian J -- --
Atwill Adrian J -- --
Atwill Adrian J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1346 Marinette Llc $5,640,000
Previous Owner 1346 Marinette Llc $3,825,000
Previous Owner Walsh Peter C $938,200
Previous Owner Walsh Peter C $950,000
Previous Owner Dahan Gary S $540,000
Previous Owner Dahan Gary $1,850,000
Previous Owner Tavangarian Ardeshir Ardie $806,000
Previous Owner Tavangarian Ardeshir $813,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $10,050,000 -8.6% $2,446 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $10,995,000 -- $2,676 / 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 $88,424 $6,956,531 $4,131,503 $2,825,028
2024 $88,424 $7,298,160 $4,500,549 $2,797,611
2023 $86,690 $7,155,059 $4,412,303 $2,742,756
2022 $82,708 $10,251,000 $7,034,430 $3,216,570
2021 $72,629 $6,103,693 $4,374,583 $1,729,110
2020 $70,272 $5,642,680 $4,329,728 $1,312,952
2019 $65,712 $5,306,040 $4,244,832 $1,061,208
2018 $62,724 $5,202,000 $4,161,600 $1,040,400
2016 $38,509 $3,193,729 $2,554,984 $638,745
2015 $37,942 $3,145,757 $2,516,606 $629,151
2014 $38,056 $3,084,137 $2,467,310 $616,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-663798

The MLS

APN: 4422-032-017