NOT LISTED FOR SALE

1415 Floresta Place Pacific Palisades, CA 90272

Estimated Value: $4,164,000 - $4,516,246

5 Beds
4.5 Baths
4,927 Sq Ft
$879/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $2,850,000 $578 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $27,080/month

33 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • In Ground Pool
  • Contemporary Architecture
  • Bonus Room

About This Home

As of August 2012

New Price! Sophisticated Pacific Palisades home approximately 5,000 square feet. Featuring a dramatic two-story entry with striking wrought-iron staircase. Living room with walnut floors and wood-burning fireplace. Romantic formal dining room with coved ceiling and French doors that lead to manicured gardens. Chef's kitchen, with top-of-the-line appliances, granite counters, custom cabinetry and separate breakfast room. Large family room with high-ceilings and fireplace. Elegant powder room and office/bedroom and bath complete the downstairs. Sensational master suite with ocean and mountain views. Sumptuous marble bath and large walk-in closet. There are three additional bedrooms and an enormous second family/media room. Professionally landscaped yard with pool and spa. Three-car garage. This home offers the quintessential California lifestyle. Beautiful living.

Last Agent to Sell the Property

Leah Lail

Coldwell Banker Realty License #01400267 Listed on: 05/13/2012

Coldwell Banker Realty

Co-Listed By

Steve Frankel

Coldwell Banker Realty License #01195571

Last Buyer's Agent

Anthony Marguleas

Amalfi Estates License #01173073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,922

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Property is zoned LARE40

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,927 Sq Ft Home
  • Built-In Features
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Library
  • Bonus Room
  • Ocean Views
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 4.5 Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4420-031-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,922

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 4927
  • Year Built: 1986
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Den, Family Room, Master Bedroom
  • Flooring: Carpet, Hardwood
  • Bedrooms: 5
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 4.50
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Range/Oven
  • Price Per S Q F T: 607.87

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Private Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4420-031-011
  • Lot Size Area: 11718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2013
Sold by
Hadadz Ali
Bought by
Hadadz Ali and Afshar Mahsa
Current Estimated Value
$4,328,749

Purchase Details

Listed on
May 13, 2012
Closed on
Jun 21, 2012
Sold by
Lofgren Marian and The Carabella Trust
Bought by
Hadadz Ali and Afshar Mahsa
Seller's Agent
Leah Lail
Coldwell Banker Realty
Buyer's Agent
Anthony Marguleas
Amalfi Estates
List Price
$3,150,000
Sold Price
$2,850,000
Premium/Discount to List
-$300,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$2,000,000
Outstanding Balance
$319,857
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$4,468,892

Purchase Details

Closed on
Sep 26, 2003
Sold by
Schwartz Thomas M and Schwartz Colleen H
Bought by
Lofgren Marian and Carabella Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 1994
Sold by
Schwartz Thomas M and Schwartz Colleen H
Bought by
Schwartz Thomas M
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
Hadadz Ali -- None Available
Hadadz Ali $2,850,028 Equity Title Los Angeles
Lofgren Marian -- Chicago Title Co
Schwartz Thomas M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadadz Ali $2,000,000
Previous Owner Lofgren Marian $1,150,000
Closed Lofgren Marian $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $2,850,000 -4.8% $578 / Sq Ft
06/04/2012 06/04/12 Price Changed $2,995,000 -4.9% $608 / Sq Ft
05/13/2012 05/13/12 For Sale $3,150,000 -- $639 / 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 $41,922 $3,241,447 $2,330,167 $911,280
2024 $41,922 $3,440,744 $2,538,308 $902,436
2023 $41,106 $3,373,280 $2,488,538 $884,742
2022 $39,190 $3,307,139 $2,439,744 $867,395
2021 $38,708 $3,242,294 $2,391,906 $850,388
2019 $37,543 $3,146,127 $2,320,961 $825,166
2018 $37,375 $3,084,439 $2,275,452 $808,987
2016 $35,745 $2,964,669 $2,187,095 $777,574
2015 $35,219 $2,920,138 $2,154,243 $765,895
2014 $35,315 $2,862,938 $2,112,045 $750,893
Source: Public Records

Agents Affiliated with this Home

  • Leah Lail

    Seller's Agent in 2012

    Leah Lail

    Coldwell Banker Realty

    (310) 849-9596

    2 in this area

    33 Total Sales

    Leah Lail
    Section Image
  • Steve Frankel

    Seller Co-Listing Agent in 2012

    Steve Frankel

    Coldwell Banker Realty

    (310) 508-5008

    3 in this area

    103 Total Sales

    Steve Frankel
    Section Image
  • Anthony Marguleas

    Buyer's Agent in 2012

    Anthony Marguleas

    Amalfi Estates

    (310) 293-9280

    86 in this area

    310 Total Sales

    Anthony Marguleas
    Section Image
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Map

Source: The MLS

MLS Number: 12-600149

The MLS

APN: 4420-031-011

California Los Angeles County Pacific Palisades 90272

1415 Floresta Place, Pacific Palisades, CA

This home is located at 1415 Floresta Place, Pacific Palisades, CA 90272 since 13 May 2012 and is currently estimated at $4,328,749, approximately $878 per square foot. This property was built in 1986. 1415 Floresta Place is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter Elementary, and Palisades Charter High.

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