NOT LISTED FOR SALE

14954 La Cumbre Dr Pacific Palisades, CA 90272

Estimated Value: $4,587,000 - $10,520,173

5 Beds
5.5 Baths
4,941 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold November 19, 2014

Last sale price $5,495,000 $1,112 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $46,126/month

118 Days on Market

Highlights

  • Ocean View
  • Maid or Guest Quarters
  • Traditional Architecture
  • Wine Cellar
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of November 2014

Located in the prime section of the sought after Huntington Palisades. This large 5 bedroom home boasts gorgeous architecture, beautiful curved window lines, a sprawling grassy lawn and landscaped grounds. Features include an elegant living room, a formal dining room, and wood panel study or music room with French doors to patio. Ocean view master suite with large walk-in closets, 5,000 plus bottle climate controlled wine cellar, and spacious screening room/den. Large island kitchen with high-end stainless appliances opens to an exposed beam family room with large fireplace and French doors leading to romantic tiered patios. 5 bedrooms, one a cozy guest or maid's suite, 5 full baths plus a powder room. Parking for 4 cars with optional set up for an artist studio. Major remodel in 2012; electrical, HVAC, copper plumbing, & roof. Walking distance to Palisades Village boutiques, restaurants, rec center, and award winning public and private schools. This gem is a rare opportunity.

Last Agent to Sell the Property

Chuck Husting

Berkshire Hathaway HomeServices California Properties License #01837773 Listed on: 06/12/2014

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Christina Hopkins

Berkshire Hathaway HomeServices California Properties License #01737549

Last Buyer's Agent

Laura Brau

Compass License #01931500

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,379

Year Built

  • Built in 1940

Lot Details

  • 0.32 Acre Lot
  • Property is zoned LARE11

Property Views

  • Ocean
  • Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,941 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Library
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4411-023-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,379

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4941
  • Stories: 3
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Ceramic Tile, Hardwood, Mixed
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1153.41

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 4+ Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4411-023-020
  • Geocode Override: No
  • Lot Size Area: 14001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Oct 9, 2014
Sold by
Boberg Jay
Bought by
The 1993 Apel Family Trust
Seller's Agent
Chuck Husting
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Laura Brau
Compass
List Price
$5,950,000
Sold Price
$5,495,000
Premium/Discount to List
-$455,000
-7.65%
Current Estimated Value
$7,400,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,905,543
Avg. Annual Appreciation
2.79%
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2008
Sold by
Boberg Jay R and Cooper Allison R
Bought by
Boberg Jay

Purchase Details

Closed on
Nov 27, 2001
Sold by
Boberg Jay R and Cooper Allison R
Bought by
Boberg Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$946,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2001
Sold by
Boberg Jay R and Cooper Allison R
Bought by
Boberg Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$946,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 1996
Sold by
Hand Russell E
Bought by
Boberg Jay R and Cooper Alison R

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
7.12%
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
The 1993 Apel Family Trust $5,495,000 Fidelity National Title
Boberg Jay -- None Available
Boberg Jay -- --
Boberg Jay R -- --
Boberg Jay -- --
Boberg Jay R $2,100,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apel Paul $4,000,000
Closed Apel Paul $1,310,000
Closed The 1993 Apel Family Trust $2,000,000
Previous Owner Boberg Jay R $1,000,000
Previous Owner Boberg Jay $417,000
Previous Owner Boberg Jay R $946,000
Previous Owner Boberg Jay R $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2014 11/19/14 Sold $5,495,000 -3.6% $1,112 / Sq Ft
09/02/2014 09/02/14 Price Changed $5,699,000 -4.9% $1,153 / Sq Ft
06/13/2014 06/13/14 Price Changed $5,995,000 +0.8% $1,213 / Sq Ft
06/12/2014 06/12/14 For Sale $5,950,000 -- $1,204 / 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 $73,379 $6,172,833 $3,620,850 $2,551,983
2024 $73,379 $6,051,798 $3,549,853 $2,501,945
2023 $71,942 $5,933,137 $3,480,249 $2,452,888
2022 $68,572 $5,816,802 $3,412,009 $2,404,793
2021 $67,745 $5,702,748 $3,345,107 $2,357,641
2019 $65,699 $5,533,604 $3,245,891 $2,287,713
2018 $56,682 $4,700,103 $3,182,247 $1,517,856
2016 $54,244 $4,517,594 $3,058,677 $1,458,917
2015 $53,442 $4,449,736 $3,012,733 $1,437,003
2014 $36,292 $2,943,847 $2,439,356 $504,491
Source: Public Records

Agents Affiliated with this Home

  • Chuck Husting

    Seller's Agent in 2014

    Chuck Husting

    Berkshire Hathaway HomeServices California Properties

    (310) 454-0080

    3 in this area

    23 Total Sales

    Chuck Husting
    Section Image
  • Christina Hopkins

    Seller Co-Listing Agent in 2014

    Christina Hopkins

    Berkshire Hathaway HomeServices California Properties

    (310) 430-9559

    3 in this area

    27 Total Sales

    Christina Hopkins
    Section Image
  • Laura Brau

    Buyer's Agent in 2014

    Laura Brau

    Compass

    (310) 650-4156

    30 in this area

    55 Total Sales

    Laura Brau
    Section Image
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Map

Source: The MLS

MLS Number: 14-768891

The MLS

APN: 4411-023-020

California Los Angeles County Pacific Palisades 90272

14954 La Cumbre Dr, Pacific Palisades, CA

This home is located at 14954 La Cumbre Dr, Pacific Palisades, CA 90272 since 12 June 2014 and is currently estimated at $7,400,543, approximately $1,497 per square foot. This property was built in 1940. 14954 La Cumbre Dr is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Canyon Charter Elementary, and Paul Revere Charter Middle School.

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