NOT LISTED FOR SALE

1407 Chautauqua Blvd Pacific Palisades, CA 90272

Estimated Value: $2,836,000 - $14,775,082

6 Beds
8 Baths
2,409 Sq Ft
$3,655/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $14,000,000 $5,812 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $64,172/month

3 Days on Market

Highlights

  • Ocean View
  • Gated Parking
  • Contemporary Architecture
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of March 2021

Another masterpiece designed & developed by Ramtin Ray Nosrati. Escape to a private paradise that offers the very best of indoor-outdoor living. Take in the breathtaking views of the Temescal Canyon & ocean from this magnificent masterpiece. Admire unrivaled views from theinfinity pool or one of the many indoor or outdoor spaces. This home was built for the optimal comfort & enjoyment of your guests. Interior & exterior fireplaces have been seamlessly integrated throughout. Relax and let the days worries fall away as you recline fireside and listen to your favorite music play from the indoor & outdoor speakers. This private estate offers the pinnacle in modern technology. Enjoy a viewing experience like no other w/6 television video wall for a unique viewing experience. Start living the smart home lifestyle w/floor-to-ceiling automated Fleetwood doors. The walk-in, state-of-the-art wine cellar offers climate-controlled, lux storage, as well as an exclusive dining venue. Skip the public gym & indulge in your spacious gym w/speakers & smart home tech to provide a fitness space that will call to you day & night. A grand pantry & walk-in fridge will accommodate a feast to feed your family & party-goers alike. Designed to capture the natural surroundings of the Pacific Palisades, this spectacular home caters to a life of luxury & style.

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 03/12/2021

Compass

Co-Listed By

Shauna Walters

The Beverly Hills Estates License #01728600

Last Buyer's Agent

Ben Bacal

Revel Real Estate License #01437782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $178,584

Lot Details

  • 0.31 Acre Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • City

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Bonus Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway
  • Gated Parking

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 4422-007-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$178,584

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Lot Acreage: 0.3127
  • Stories: 3
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room, Master Bedroom, Bonus Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Washer, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Barbeque

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean, City, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway, Gated
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-007-031
  • Lot Size Area: 13620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Mar 11, 2021
Sold by
Chautauqua Estates Llc
Bought by
Panda Power Llc
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Ben Bacal
Revel Real Estate
List Price
$14,000,000
Sold Price
$14,000,000
Current Estimated Value
$9,002,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,997,459
Avg. Annual Appreciation
-10.00%
Original Mortgage
$2,000,000
Outstanding Balance
$1,800,987
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$7,004,554

Purchase Details

Closed on
Apr 18, 2019
Sold by
1407 Chautauqna Blvd Llc
Bought by
Chautauqua Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,590,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 20, 2018
Sold by
Gonen Ron
Bought by
1407 Chautauqua Blvd Llc

Purchase Details

Closed on
Aug 2, 2018
Sold by
Gonen Inbal
Bought by
Gonen Ron

Purchase Details

Closed on
May 22, 2018
Sold by
Sugarman Barry
Bought by
Shapiro Lainie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,362,499
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 2018
Sold by
Wheatley Sharon Lee
Bought by
Shapiro David Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,362,499
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2018
Sold by
Shapiro Matthew Myron and Shapiro Joel Leonard
Bought by
Gonen Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,362,499
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2013
Sold by
Shapiro Matthew Myron and Nathan Shapiro 2000 Revocable
Bought by
Shapiro Matthew Myron and Shapiro Joel Leonard

Purchase Details

Closed on
Sep 12, 2003
Sold by
Shapiro Nathan and The Nathan Shapiro 2000 Revoca
Bought by
Shapiro Nathan and The Nathan Shapiro 2000 Revoca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2000
Sold by
Shapiro Nathan
Bought by
Shapiro Nathan and Nathan Shapiro 2000 Revocable
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
Panda Power Llc $14,000,000 Usa National Title Co Inc
Chautauqua Estates Llc $3,600,000 Usa National Title Co
1407 Chautauqua Blvd Llc -- Accommodation
Gonen Ron -- None Available
Shapiro Lainie -- None Available
Shapiro David Aaron -- None Available
Shapiro Matthew Myron -- None Available
Gonen Ron $3,375,000 Usa National Title Company
Shapiro Matthew Myron -- None Available
Shapiro Nathan -- --
Shapiro Nathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panda Power Llc $2,000,000
Previous Owner Chautauqua Estates Llc $6,590,000
Previous Owner Gonen Ron $2,362,499
Previous Owner Shapiro Nathan $44,000
Previous Owner Shapiro Nathan $44,000
Previous Owner Shapiro Nathan $55,526
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $14,000,000 0.0% $5,812 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $14,000,000 -- $5,812 / 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 $178,584 $4,925,066 $4,925,066 --
2024 $178,584 $14,856,912 $8,489,664 $6,367,248
2023 $175,050 $14,565,600 $8,323,200 $6,242,400
2022 $166,787 $14,280,000 $8,160,000 $6,120,000
2021 $57,271 $4,843,664 $3,710,041 $1,133,623
2020 $44,570 $3,672,000 $2,550,000 $1,122,000
2019 $40,133 $3,375,000 $2,410,800 $964,200
2018 $3,258 $244,994 $115,903 $129,091
2016 $3,098 $235,482 $111,403 $124,079
2015 $3,057 $231,946 $109,730 $122,216
2014 $3,080 $227,403 $107,581 $119,822
Source: Public Records

Agents Affiliated with this Home

  • Sally Forster Jones

    Seller's Agent in 2021

    Sally Forster Jones

    Compass

    (310) 341-7238

    7 in this area

    380 Total Sales

    Section Image
  • Shauna Walters

    Seller Co-Listing Agent in 2021

    Shauna Walters

    The Beverly Hills Estates

    (310) 775-1106

    2 in this area

    58 Total Sales

    Section Image
  • Ben Bacal

    Buyer's Agent in 2021

    Ben Bacal

    Revel Real Estate

    (214) 502-0366

    2 in this area

    42 Total Sales

    Section Image

  • Y

    Buyer Co-Listing Agent in 2021

    Yoori Park

    Carolwood Estates

    (424) 245-0723

    1 in this area

    16 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 21-702872

The MLS

APN: 4422-007-031

California Los Angeles County Pacific Palisades 90272

1407 Chautauqua Blvd, Pacific Palisades, CA

This home is located at 1407 Chautauqua Blvd, Pacific Palisades, CA 90272 since 12 March 2021 and is currently estimated at $8,805,541, approximately $3,655 per square foot. 1407 Chautauqua Blvd 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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