$8,350,000
SOLD MAY 13, 2021

1371 Marinette Rd Pacific Palisades, CA 90272

6 Beds
7.5 Baths
6,779 Sq Ft
0.3 Acres

Recently Sold

$1,232 Per Sq Ft

2% Below List Price

Highlights

  • Home Theater
  • Peek-A-Boo Views
  • Wood Flooring
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Farmhouse Style Home

About This Home

As of May 2021

Enjoy the ultimate in Southern California living in this brand-new construction Modern Farmhouse, built by Shelter Homes! Ideally located near Palisades Village, yet with privacy and an oversized lot (13,000+ sq ft), this 6 bedroom and 9 bath home is everything you have been looking for and more. Exceptionally designed with every detail in mind, you will find stunning finishes and custom fixtures throughout. The main floor features a gourmet kitchen and breakfast area, living room with private patio, dining room and family room, walk-in pantry, butlers pantry, laundry & 1 en-suite bedroom that open out to the large yard. The yard is expansive & perfect for entertaining with a large pool and spa, tons of grass, BBQ, fire pit, and an outdoor lounge and dining area. Upstairs you will find 4 en-suite bedrooms including the master suite with 2 walk-in closets, a fireplace, and a balcony. This home features entertaining areas abound, from the sprawling backyard to the rooftop deck (with elevator access) where you can enjoy the ocean view or a starry night sky and a lower basement level with movie theatre, gym, wine cellar, mudroom, powder bath with steam shower and 1 additional en-suite bedroom. 1371 Marinette strikes the perfect balance between private oasis and convenience. A true one-of-a-kind, can't miss property in the best location in the Palisades

Last Agent to Sell the Property

Jacqueline Chernov

The Beverly Hills Estates License #01361435 Listed on: 04/14/2021

The Beverly Hills Estates

Last Buyer's Agent

Elisabeth Halsted

Berkshire Hathaway HomeServices California Properties License #01434953

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106,835

Year Built

  • Built in 2021

Lot Details

  • 0.3 Acre Lot
  • Property is zoned LARE15

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 6,779 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Wood Flooring
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-031-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$106,835

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Living Area: 6779
  • Lot Acreage: 0.2999
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Master Bedroom, Living Room, Family Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Built-Ins, Barbeque, Alarm System, Dishwasher, Elevator, Garbage Disposal, Freezer, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 1253.87

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-031-003
  • Lot Size Area: 13063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Apr 14, 2021
Sold by
Gj Property Llc
Bought by
Callahan Eric Clinton
Seller's Agent
Jacqueline Chernov
The Beverly Hills Estates
Buyer's Agent
Elisabeth Halsted
Berkshire Hathaway HomeServices California Properties
List Price
$8,500,000
Sold Price
$8,350,000
Premium/Discount to List
-$150,000
-1.76%
Current Estimated Value
$8,207,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$142,210
Avg. Annual Appreciation
0.56%

Purchase Details

Listed on
Sep 20, 2018
Closed on
Nov 29, 2018
Sold by
San Pasqual Fiduciary Trust Co
Bought by
Gj Property Llc
Seller's Agent
Laurie Hudson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jacqueline Chernov
The Beverly Hills Estates
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.63%
Original Mortgage
$2,000,000
Interest Rate
4.9%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $8,350,000 Lawyers Title
Grant Deed $2,500,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Construction
Previous Owner $2,000,000 Construction
Previous Owner $2,500,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $8,350,000 -1.8% $1,232 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $8,500,000 +240.0% $1,254 / Sq Ft
12/21/2018 12/21/18 Sold $2,500,000 -7.2% $1,254 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $2,695,000 -- $1,352 / 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
2024 $106,835 $8,861,086 $4,934,617 $3,926,469
2023 $104,729 $8,687,340 $4,837,860 $3,849,480
2022 $99,799 $8,517,000 $4,743,000 $3,774,000
2021 $30,792 $2,576,417 $2,061,134 $515,283
2020 $31,114 $2,550,000 $2,040,000 $510,000
2019 $29,868 $2,500,000 $2,000,000 $500,000
2018 $30,220 $2,500,000 $2,400,000 $100,000
2016 $2,333 $171,431 $82,402 $89,029
2015 $2,303 $168,857 $81,165 $87,692
2014 $2,322 $165,551 $79,576 $85,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-718102

The MLS

APN: 4422-031-003