$2,500,000
SOLD DEC 21, 2018

1371 Marinette Rd Pacific Palisades, CA 90272

2 Beds
2.5 Baths
1,994 Sq Ft
0.3 Acres

Recently Sold

$1,254 Per Sq Ft

7% Below List Price

13 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Covered patio or porch
  • Living Room with Fireplace
  • No HOA
  • Attached Garage

About This Home

As of May 2021

Classic, unspoiled mid-century ranch offering a clean palette for remodel, enlargement, or building new. This home is set on a quiet cul-de-sac providing proximity to local hills & trails, as well as being conveniently close to the Palisades Village. The lot offers almost 100 feet of frontage, is mostly usable, & is slightly elevated above the street, enhancing privacy & light. The interiors feature exposed beam ceilings, wood floors, & spacious rooms with an excellent floor-plan & flow. The airy living room & dining area feature large windows, high ceilings, fireplace, & glass doors to the beautiful yard. Exterior areas include a sparkling, elegant oval pool, patios, & lush landscaping. New construction next door closed for $6.1 million in 2016! This property offers tremendous opportunity!

Last Agent to Sell the Property

Laurie Hudson

Berkshire Hathaway HomeServices California Properties License #00604603 Listed on: 09/20/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Jacqueline Chernov

The Beverly Hills Estates License #01361435

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106,835

Year Built

  • Built in 1957

Lot Details

  • 0.3 Acre Lot
  • Property is zoned LARE15

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Parking

  • Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Covered patio or porch

Utilities

  • Central Heating

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 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1994
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Carpet, Linoleum, Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 1351.55

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Covered, Patio Open
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Attached, Door Opener, Driveway, Garage - 2 Car, Garage Is Attached, Private, Side By Side

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-031-003
  • Geocode Override: No
  • Lot Size Area: 13063

Multi Family

  • Number Of Units: 1

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: 18-386464

The MLS

APN: 4422-031-003