NOT LISTED FOR SALE

14715 Oracle Place Pacific Palisades, CA 90272

Estimated Value: $2,766,000 - $3,487,565

4 Beds
3.5 Baths
2,278 Sq Ft
$1,378/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $3,045,000 $1,337 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $20,302/month

34 Days on Market

Highlights

  • Heated In Ground Pool
  • No HOA
  • Built-In Features
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry Room

About This Home

As of March 2022

Opportunity knocks! Privacy and serenity abound in this 4 bedroom, 3.5 bath Ranch style home of approximately 2,278 square feet. The lot is over 14,000 square feet and is in a sought-after location near village schools, shops and restaurants. Originally built in 1957, the single level home has a functional floor plan and is a prime candidate for remodeling or redevelopment. Existing amenities include hardwood floors, pitched ceilings, a spacious living and dining room that open to a large pool, and a two-car attached garage.

Last Agent to Sell the Property

John Closson

Berkshire Hathaway HomeServices California Properties License #00918585 Listed on: 01/07/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Barbara Boyle

Sotheby's International Realty License #01259141

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,425

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • South Facing Home
  • Property is zoned LARE20

Parking

  • 2 Car Garage

Interior Spaces

  • 2,278 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Heated In Ground Pool
  • Diving Board

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-033-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,425

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Opportunity knocks! Privacy and serenity abound in this 4 bedroom, 3.5 bath Ranch style home of approximately 2,278 square feet. The lot is over 14,000 square feet and is in a sought-after location near village schools, shops and restaurants. Originally built in 1957, the single level home has a functional floor plan and is a prime candidate for remodeling or redevelopment. Existing amenities include hardwood floors, pitched ceilings, a spacious living and dining room that open to a large pool, and a two-car attached garage.
  • Living Area: 2278
  • Lot Acreage: 0.3354
  • Probate: No
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Hardwood, Vinyl Tile, Vinyl
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 1251.10

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Pool Description: Heated, Diving Board, Private
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Heating: Central, Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4422-033-006
  • Lot Size Area: 14612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Mar 16, 2022
Sold by
Wheeler Riedel Gordon
Bought by
Riedel Michael Paul and Riedel Robert David
Seller's Agent
John Closson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Barbara Boyle
Sotheby's International Realty
List Price
$2,850,000
Sold Price
$3,045,000
Premium/Discount to List
$195,000
6.84%
Current Estimated Value
$3,138,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,522
Avg. Annual Appreciation
1.53%
Original Mortgage
$2,131,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 7, 2022
Sold by
Farlow Christopher I and Farlow Nicole M
Bought by
Henning Living Trust
Seller's Agent
John Closson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Barbara Boyle
Sotheby's International Realty
List Price
$2,850,000
Sold Price
$3,045,000
Premium/Discount to List
$195,000
6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,131,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 28, 2022
Sold by
Wheeler Riedel Gordon
Bought by
Riedel Michael Paul and Riedel Robert David
Seller's Agent
John Closson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Barbara Boyle
Sotheby's International Realty
List Price
$2,850,000
Sold Price
$3,045,000
Premium/Discount to List
$195,000
6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,131,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 25, 2022
Sold by
Gordon W And Dione A Riedel Family Trust
Bought by
Gordon W Riedel Survivors Trus
Seller's Agent
John Closson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Barbara Boyle
Sotheby's International Realty
List Price
$2,850,000
Sold Price
$3,045,000
Premium/Discount to List
$195,000
6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,131,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 24, 2022
Sold by
Gordon W Riedel Survivors Trust
Bought by
Ruz Jeremy and Ruz Theresa
Seller's Agent
John Closson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Barbara Boyle
Sotheby's International Realty
List Price
$2,850,000
Sold Price
$3,045,000
Premium/Discount to List
$195,000
6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,131,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2016
Sold by
Riedel Gordon W and Riedel Gordon W
Bought by
Riedel Gordon W and The Gordon W & Dione A Riedel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 12, 2013
Sold by
Riedel Gordon W and Riedel Gordon W
Bought by
Riedel Gordon W and Riedel Gordon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 4, 2004
Sold by
Riedel Gordon W
Bought by
Riedel Gordon W and Riedel Dione A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Riedel Michael Paul -- --
Henning Living Trust $3,165,000 Fidelity National Title
Riedel Michael Paul -- --
Gordon W Riedel Survivors Trus -- California Title Company
Ruz Jeremy $3,045,000 California Title Company
Riedel Gordon W -- Ticor Title San Diego
Riedel Gordon W -- Usa National Title Company
Riedel Gordon W -- --
Riedel Gordon W -- Fidelity National Title
Riedel Gordon W -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruz Jeremy $2,131,500
Previous Owner Riedel Gordon W $280,000
Previous Owner Riedel Gordon W $1,500,000
Previous Owner Riedel Gordon W $1,000,000
Previous Owner Riedel Gordon W $750,000
Previous Owner Riedel Gordon W $750,000
Previous Owner Riedel Gordon W $250,000
Previous Owner Riedel Gordon W $184,000
Previous Owner Riedel Gordon W $250,000
Previous Owner Riedel Gordon W $200,000
Previous Owner Riedel Gordon W $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $3,045,000 +6.8% $1,337 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $2,850,000 0.0% $1,251 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $2,850,000 -- $1,251 / 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 $38,425 $2,908,241 $2,292,210 $616,031
2024 $38,425 $3,168,018 $2,496,960 $671,058
2023 $37,759 $3,105,900 $2,448,000 $657,900
2022 $2,749 $199,549 $87,991 $111,558
2021 $2,701 $195,637 $86,266 $109,371
2019 $2,629 $189,836 $83,708 $106,128
2018 $2,554 $186,115 $82,067 $104,048
2016 $2,426 $178,889 $78,881 $100,008
2015 $2,394 $176,203 $77,697 $98,506
2014 $2,415 $172,753 $76,176 $96,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-115975

The MLS

APN: 4422-033-006