NOT LISTED FOR SALE

1467 Via Cresta Pacific Palisades, CA 90272

Estimated Value: $4,773,000 - $8,061,781

5 Beds
4.5 Baths
6,437 Sq Ft
$965/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $6,050,000 $940 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $40,116/month

150 Days on Market

Highlights

  • 24-Hour Security
  • 43,995 Sq Ft lot
  • Fireplace in Primary Bedroom
  • In Ground Pool
  • Canyon View
  • Traditional Architecture

About This Home

As of May 2015

Exquisite Traditional featuring 5 bedrooms and 4.5 bathrooms in the 24 hour guard gated Ridgeview Estates with spectacular canyon views. Impeccable craftsmanship and detail with a dramatic two story entry, hardwood floors and exceptional space. There is an expansive living room with fireplace, formal dining room with butler's pantry and office/library with built-in book shelves. The large gourmet kitchen has Viking and Miele appliances and a breakfast area overlooking the garden. The family room flows out to a large patio with an outdoor fireplace ideal for dining al fresco. Upstairs is a spacious master suite with vaulted ceilings, fireplace, sitting area, a walk in closet with cedar walls and an elegant master bath. Additionally, there are three other bedrooms upstairs as well as a family room. There is a handsomely landscaped private back yard with pool, spa and barbeque. This home is perfect for entertaining.

Last Agent to Sell the Property

JODY FINE

Berkshire Hathaway HomeServices California Properties License #00916736 Listed on: 10/31/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Dan Urbach

Compass License #01147391

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,218

Year Built

  • Built in 1995

Lot Details

  • 1.01 Acre Lot
  • Property is zoned LARE40

Property Views

  • Canyon
  • Mountain
  • Hills

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,437 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • Parking Storage or Cabinetry
  • Driveway
  • On-Street Parking

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4420-040-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,218

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 6437
  • Stories: 2
  • Year Built: 1995
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Cement, Mixed, Wood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Barbeque, Built-Ins, Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Price Per S Q F T: 977.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Canyon, Hills, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Built-In Storage, Direct Entrance, Driveway, Garage, Garage Is Attached, On street

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Gated Community with Guard

Condo/Co-op/Association

  • HOA Fees: 580.00
  • HOA Fees: 580.00

Lot Info

  • Assessor Parcel Number: 4420-040-009
  • Geocode Override: No
  • Lot Size Area: 43995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Apr 29, 2015
Sold by
Baxter Michael F
Bought by
Heyman Living Trust
Seller's Agent
JODY FINE
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Dan Urbach
Compass
List Price
$6,295,000
Sold Price
$6,050,000
Premium/Discount to List
-$245,000
-3.89%
Current Estimated Value
$6,211,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,260
Avg. Annual Appreciation
0.36%
Original Mortgage
$3,932,500
Outstanding Balance
$3,031,627
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,251,300

Purchase Details

Closed on
Jan 29, 2013
Sold by
Baxter Michael F
Bought by
Baxter Michael F

Purchase Details

Closed on
Jan 18, 2000
Sold by
Baxter Michael F
Bought by
Baxter Michael F and Baxter Leigh Anne
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
Heyman Living Trust $6,050,000 Title 365
Baxter Michael F -- Accommodation
Baxter Michael F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heyman Living Trust $3,932,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $6,050,000 -3.9% $940 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $6,295,000 0.0% $978 / Sq Ft
02/08/2015 02/08/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $6,295,000 -- $978 / 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 $86,218 $3,437,290 $3,437,290 --
2024 $86,218 $7,128,615 $5,184,450 $1,944,165
2023 $84,525 $6,988,840 $5,082,795 $1,906,045
2022 $80,556 $6,851,805 $4,983,133 $1,868,672
2021 $79,588 $6,717,457 $4,885,425 $1,832,032
2019 $77,180 $6,518,215 $4,740,521 $1,777,694
2018 $76,916 $6,390,408 $4,647,570 $1,742,838
2016 $73,595 $6,142,262 $4,467,100 $1,675,162
2015 $18,072 $1,483,584 $688,730 $794,854
2014 $18,144 $1,454,523 $675,239 $779,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-805949

The MLS

APN: 4420-040-009