NOT LISTED FOR SALE

1350 Avenida de Cortez Pacific Palisades, CA 90272

Estimated Value: $1,260,000 - $2,472,064

3 Beds
2.5 Baths
2,360 Sq Ft
$774/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $1,345,500 $570 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,504/month

49 Days on Market

Highlights

  • Heated In Ground Pool
  • Traditional Architecture
  • Attached Garage
  • Family Room with Fireplace
  • Breakfast Area or Nook
  • Open Patio

About This Home

As of June 2015

Welcome to this warm, open and spacious family home located in the highly desirable Pacific Palisades Highlands. This 3 bedroom & 2.5 bathroom home features vaulted ceilings in the Living Room and Master Bedroom which is conveniently located on the first floor with the additional two bedrooms upstairs. Enter the home into a large, very open Living Room surrounded by windows with a beautiful fireplace and the formal Dining Room is adjacent. The Kitchen has been updated with an attached breakfast area plus a family room that features an additional fireplace. Nice size grassy backyard that is perfect for outdoor entertaining and plenty of room for children. HOA amenities include a Recreation Room, Club House, Pool/Spa and Tennis Courts. The Pacific Palisades Highlands offer hiking trails, great charter schools, the Palisades Village with weekly Farmer's Market. Truly a fantastic place to live!

Last Agent to Sell the Property

Shirley Sherman

Douglas Elliman License #01316456 Listed on: 02/27/2015

Douglas Elliman

Co-Listed By

Lloyd Sherman

Douglas Elliman License #01890808

Last Buyer's Agent

Fay Hariri

Fariba Hariri (Broker) License #01197363

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,236

Year Built

  • Built in 1973

Lot Details

  • 6,976 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,360 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 4431-004-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,236

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2360
  • Stories: 2
  • Year Built: 1973
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 614.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Heated
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fees: 305.00

Lot Info

  • Assessor Parcel Number: 4431-004-016
  • Geocode Override: No
  • Lot Size Area: 6976

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2017
Sold by
Ashrafi Benno and Ashrafi Tiffany
Bought by
Ashrafi Benno
Current Estimated Value
$1,827,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,038,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 6, 2015
Sold by
Nethercutt Robert C and Nethercutt Roberta P
Bought by
Ashrafi Benno
Seller's Agent
Shirley Sherman
Douglas Elliman
Buyer's Agent
Fay Hariri
Fariba Hariri (Broker)
List Price
$1,525,000
Sold Price
$1,345,500
Premium/Discount to List
-$179,500
-11.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$1,076,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2010
Sold by
Nethercutt Robert C and Nethercutt Roberta P
Bought by
Nethercutt Robert C and Nethercutt Roberta P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2007
Sold by
Nethercutt Robert C and Nethercutt Roberta P
Bought by
Nethercutt Robert C and Nethercutt Roberta P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Nethercutt Robert
Bought by
Nethercutt Robert C and Nethercutt Roberta P
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
Ashrafi Benno -- Chicago Title Company
Ashrafi Benno $1,345,500 Usa National Title Co
Nethercutt Robert C -- Lawyers Title Company
Nethercutt Robert C -- First American Title Company
Nethercutt Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashrafi Benno $975,075
Closed Ashrafi Benno $985,500
Closed Ashrafi Benno $1,038,000
Closed Ashrafi Benno $1,076,000
Previous Owner Nethercutt Robert C $334,265
Previous Owner Nethercutt Robert C $339,870
Previous Owner Nethercutt Robert C $350,000
Previous Owner Nethercutt Robert C $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2015 06/02/15 Sold $1,345,500 -7.2% $570 / Sq Ft
04/05/2015 04/05/15 Price Changed $1,450,000 -4.9% $614 / Sq Ft
02/27/2015 02/27/15 For Sale $1,525,000 -- $646 / 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 $21,236 $1,765,485 $1,081,661 $683,824
2024 $21,236 $1,730,868 $1,060,452 $670,416
2023 $20,827 $1,696,930 $1,039,659 $657,271
2022 $18,194 $1,523,811 $1,019,274 $504,537
2021 $17,969 $1,493,934 $999,289 $494,645
2019 $17,432 $1,449,625 $969,650 $479,975
2018 $17,304 $1,421,202 $950,638 $470,564
2016 $16,552 $1,366,018 $913,725 $452,293
2015 $4,198 $329,489 $116,060 $213,429
2014 $4,222 $323,036 $113,787 $209,249
Source: Public Records

Agents Affiliated with this Home

  • Shirley Sherman

    Seller's Agent in 2015

    Shirley Sherman

    Douglas Elliman

    (310) 849-8834

    1 in this area

    13 Total Sales

    Shirley Sherman
    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lloyd Sherman

    Douglas Elliman

  • F

    Buyer's Agent in 2015

    Fay Hariri

    Fariba Hariri (Broker)

    Section Image
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Map

Source: The MLS

MLS Number: 15-883043

The MLS

APN: 4431-004-016

California Los Angeles County Pacific Palisades 90272

1350 Avenida de Cortez, Pacific Palisades, CA

This home is located at 1350 Avenida de Cortez, Pacific Palisades, CA 90272 since 27 February 2015 and is currently estimated at $1,827,021, approximately $774 per square foot. This property was built in 1973. 1350 Avenida de Cortez is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter High, and Calvary Christian School.

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