NOT LISTED FOR SALE

1472 Paseo de Oro Pacific Palisades, CA 90272

Estimated Value: $1,972,000 - $2,192,000

4 Beds
4 Baths
2,952 Sq Ft
$715/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $1,747,500 $592 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $13,569/month

5 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Breakfast Area or Nook
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Open Patio

About This Home

As of September 2015

This impeccably maintained gated home has beautiful ocean and mountain views! Excellent floor plan. There are 4 bedrooms upstairs, a wonderful family room with custom built-ins off the gourmet kitchen. Beautiful travertine floors, breakfast area, dining room, recessed lights, custom window treatments, grand master suite with fireplace, sitting area and walk in closet. Summit Club privileges including a pool, spa, tennis courts and gym! This homes hows like a model!

Last Agent to Sell the Property

Marc Chorin

ZARA Equity Corp. License #01143383 Listed on: 07/19/2015

ZARA Equity Corp.

Last Buyer's Agent

Marc Chorin

ZARA Equity Corp. License #01143383 Listed on: 07/19/2015

ZARA Equity Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,803

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Property is zoned LARD3

Parking

  • 4 Parking Spaces

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,952 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Dining Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4431-036-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,803

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 2952
  • Year Built: 1997
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Hardwood, Travertine
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 592.82

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fees: 675.00

Lot Info

  • Assessor Parcel Number: 4431-036-032
  • Geocode Override: No
  • Lot Size Area: 12240

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2015
Closed on
Jul 30, 2015
Sold by
Lee Christopher D and Lee Lauren J
Bought by
Schellenberg Christopher J and Farugia Kristen M
Seller's Agent
Marc Chorin
ZARA Equity Corp.
Buyer's Agent
Marc Chorin
ZARA Equity Corp.
List Price
$1,750,000
Sold Price
$1,747,500
Premium/Discount to List
-$2,500
-0.14%
Current Estimated Value
$2,110,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,357
Avg. Annual Appreciation
2.56%
Original Mortgage
$675,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2007
Sold by
Byrd Jeffrey
Bought by
Lee Christopher D and Lee Lauren J

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
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Barrette J Michael and Barrette Lynne C
Bought by
Byrd Jeffrey

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
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2004
Sold by
Barrette J Michael and Barrette Lynne C
Bought by
Barrette J Michael and Barrette Lynne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 2002
Sold by
Barrette J Michael and Barrette Lynne C
Bought by
Barrette J Michael and Barrette Lynne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.89%

Purchase Details

Closed on
Nov 4, 2002
Sold by
Barrette J Michael and Barrette Lynne C
Bought by
Barrette J Michael and Barrette Lynne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.89%

Purchase Details

Closed on
May 30, 2001
Sold by
Barrette J Michael and Barrette Lynne C
Bought by
Barrette J Michael and Barrette Lynne C

Purchase Details

Closed on
May 21, 1997
Sold by
Seascapes Highlands Partners
Bought by
Barrette John Michael and Barrette Lynne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.08%
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
Schellenberg Christopher J $1,747,500 Fidelity National Title
Lee Christopher D $1,800,000 Equity Title Company
Byrd Jeffrey $1,475,000 California Title
Barrette J Michael -- First American Title Co
Barrette J Michael -- --
Barrette J Michael -- --
Barrette J Michael -- Southland Title Corporation
Barrette J Michael -- --
Barrette John Michael -- --
Barrette John Michael $705,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schellenberg Christopher J $689,000
Closed Schellenberg Christopher J $675,000
Previous Owner Lee Christopher D $1,000,000
Previous Owner Lee Christopher D $500,000
Previous Owner Byrd Jeffrey $575,000
Previous Owner Byrd Jeffrey $1,000,000
Previous Owner Byrd Jeffrey $327,500
Previous Owner Byrd Jeffrey $1,000,000
Previous Owner Barrette J Michael $400,000
Previous Owner Barrette J Michael $246,000
Previous Owner Barrette J Michael $243,950
Previous Owner Barrette John Michael $250,000
Closed Byrd Jeffrey $327,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2015 09/03/15 Sold $1,747,500 -0.1% $592 / Sq Ft
07/19/2015 07/19/15 For Sale $1,750,000 -- $593 / 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 $24,803 $1,915,083 $1,329,106 $585,977
2024 $24,803 $2,028,119 $1,447,828 $580,291
2023 $24,324 $1,988,353 $1,419,440 $568,913
2022 $23,196 $1,949,366 $1,391,608 $557,758
2021 $22,909 $1,911,144 $1,364,322 $546,822
2019 $22,223 $1,854,460 $1,323,856 $530,604
2018 $22,131 $1,818,099 $1,297,899 $520,200
2016 $21,078 $1,747,500 $1,247,500 $500,000
2015 $19,692 $1,624,000 $1,308,000 $316,000
2014 $18,118 $1,458,000 $1,174,500 $283,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-924839

The MLS

APN: 4431-036-032