NOT LISTED FOR SALE

Estimated Value: $5,080,000 - $15,739,561

5 Beds
3.5 Baths
3,723 Sq Ft
$2,370/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $6,000,000 $1,612 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $59,432/month

15 Days on Market

Highlights

  • Attached Guest House
  • View of Hills
  • Traditional Architecture
  • Heated In Ground Pool
  • Living Room with Fireplace
  • No HOA

About This Home

As of August 2016

Palisades Riviera, one of the most elegant estate neighborhoods in Pacific Palisades. Lovely & peaceful & well-maintained home on lot of 18,000+.Grounds include huge swimmers pool, rock lined fountain pool, & 5 hole putting green. In approximately 2000 home underwent major renovations which created huge family room/kitchen area & expansion of the master bedroom closet & bath. Both areas are surrounded by gardens. Utility area off the kitchen includes maid's room (one of the 5 bedrooms), large laundry room, & direct access to the full-sized garage. There is a large circular driveway. Rooms include: 5 bedrooms, den, family room...besides living, dining, kitchen. All rooms are well-proportioned. Home is very close to the world class Riviera Country Club, the village of Pacific Palisades, & the community of Brentwood. Easy distance to the business centers of west Los Angeles, as well as Pacific Coast Highway & the beaches.

Last Agent to Sell the Property

Joan Sather

Sotheby's International Realty License #00575771 Listed on: 06/06/2016

Last Buyer's Agent

Amir Jandaghi

Keller Williams Los Angeles License #01246164

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $136,261

Year Built

  • Built in 1951

Lot Details

  • 0.42 Acre Lot
  • Property is zoned LARE11

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,723 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Center Hall
  • Views of Hills
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Parking

  • 6 Parking Spaces
  • Circular Driveway

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Additional Features

  • Attached Guest House
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4425-018-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$136,261

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3723
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1951
  • Builders Tract Name: Palisades Riviera
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Mixed
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 1584.74

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool Description: Heated
  • Pool: Yes
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Circular Driveway, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4425-018-016
  • Geocode Override: No
  • Lot Size Area: 18480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 5, 2016
Sold by
Motokane Carolyn Akiko
Bought by
1411 Capri Llc
Seller's Agent
Joan Sather
Sotheby's International Realty
Buyer's Agent
Amir Jandaghi
Keller Williams Los Angeles
List Price
$5,900,000
Sold Price
$6,000,000
Premium/Discount to List
$100,000
1.69%
Current Estimated Value
$8,823,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,823,520
Avg. Annual Appreciation
6.88%
Original Mortgage
$4,343,175
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2015
Sold by
Warhula Joseph
Bought by
Motokane Elaine

Purchase Details

Closed on
Dec 31, 2014
Sold by
Motokane Edward K
Bought by
Motokane Helen T and Motokane Edward K

Purchase Details

Closed on
Dec 29, 2014
Sold by
Motokane Elaine
Bought by
Motokane Helen T and Motokane Elaine

Purchase Details

Closed on
Dec 8, 2014
Sold by
Motokane Ann
Bought by
Motokane Helen T and Motokane Ann

Purchase Details

Closed on
Dec 2, 2014
Sold by
Motokane Carolyn A
Bought by
Motokane Helen T and Motokane Carolyn Akiko

Purchase Details

Closed on
Feb 20, 2013
Sold by
Motokane Helen T and Helen T Motokane Qualified Per
Bought by
Motokane Carolyn A and Motokane Edward K

Purchase Details

Closed on
Jun 9, 2008
Sold by
Motokane Helen T and Trust A
Bought by
Motokane Helen T and Helen T Motokane Qualified Personal Resi
Source: Public Records

Range of Values:

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Average Value
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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
1411 Capri Llc $5,791,000 Lawyers Title Company
Motokane Elaine -- None Available
Motokane Helen T -- None Available
Motokane Helen T -- None Available
Motokane Helen T -- None Available
Motokane Ann -- None Available
Motokane Helen T -- None Available
Motokane Edward K -- None Available
Motokane Carolyn A -- None Available
Motokane Helen T -- None Available
Motokane Helen T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1411 Capri Llc $10,000,000
Previous Owner 1411 Capri Llc $4,343,175
Previous Owner Motokane Edward Y $301,725
Previous Owner Motokane Edward Y $300,000
Previous Owner Motokane Edward Y $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $6,000,000 +1.7% $1,612 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $5,900,000 -- $1,585 / 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 $136,261 $11,556,419 $6,720,835 $4,835,584
2024 $136,261 $11,329,823 $6,589,054 $4,740,769
2023 $133,567 $11,107,670 $6,459,857 $4,647,813
2022 $127,266 $10,889,874 $6,333,194 $4,556,680
2021 $103,325 $8,763,171 $6,209,014 $2,554,157
2019 $71,088 $6,024,852 $6,024,852 $0
2018 $71,060 $5,906,718 $4,725,354 $1,181,364
2016 $5,476 $429,453 $179,540 $249,913
2015 $5,400 $423,004 $176,844 $246,160
2014 $5,431 $414,719 $173,380 $241,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-132108

The MLS

APN: 4425-018-016