NOT LISTED FOR SALE

1504 Paseo de Oro Pacific Palisades, CA 90272

Estimated Value: $1,829,000 - $2,227,304

4 Beds
3.5 Baths
2,952 Sq Ft
$684/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $2,139,000 $725 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $13,696/month

25 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of November 2020

Exceptional 4 bdrm 4 bath home ideally located on a private, gated sun-kissed street with majestic ocean and mountain views in coveted Summit Club community! Walk into this light filled sanctuary to a serene space where functional, open layout and windows bring light and breathtaking views into the home’s center. Flawless living room features cozy fireplace perfect for lounging or enjoying the view. Relax there or step outside to fully soak in Southern California days and nights in lushly landscaped wraparound yard. Polished kitchen, remodeled in 2018 with all new appliances, is a celebration of simple form and high function with built-in Viking refrigerator, plentiful understated cabinetry, and spotless countertops. Impressive master suite enjoys sitting area, fireplace, generous walk-in closet, and spacious bathroom with view facing tub, as well as walk-out deck with picturesque views. Spacious additional bedrooms are light filled and charming bathrooms, remodeled in 2018, are immaculate. Additional features include new water heater, new pipes, wood shutters, separate laundry room, and 2 car garage. Summit Club is a gated community with pool, tennis court, gym, playground, basketball, and off leash dog park. Don’t miss out on this truly rare find in a prime location!

Last Agent to Sell the Property

Young Lee

Keller Williams Palos Verdes License #00667613 Listed on: 08/08/2020

Keller Williams Palos Verdes

Last Buyer's Agent

Young Lee

Keller Williams Palos Verdes License #00667613 Listed on: 08/08/2020

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,792

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Density is 2-5 Units/Acre

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Canyon
  • Mountain

Interior Spaces

  • 2,952 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 32186
  • Assessor Parcel Number 4431036048

Community Details

Overview

  • Summit Association, Phone Number (310) 573-1951

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,792

Year Built

Built in 1997

Lot Details

0

HOA Fees

$725 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4431036048
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2952.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 724.59
  • Room Type: Entry, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Canyon, Mountain(s), Ocean
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Gym/Ex Room
  • Association Fee: 725.00
  • Association Fee Frequency: Monthly
  • Association Name: Summit
  • Phone: 310573-1951
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Summit

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 12139.00
  • Lot Size Acres: 0.2787

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12139.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 32186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 27, 2020
Sold by
Killian Courtney Paige
Bought by
Killian Donald William
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Young Lee
Keller Williams Palos Verdes
List Price
$2,159,000
Sold Price
$2,139,000
Premium/Discount to List
-$20,000
-0.93%
Current Estimated Value
$2,017,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$121,232
Avg. Annual Appreciation
0.40%
Original Mortgage
$1,497,300
Outstanding Balance
$1,337,071
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$843,697

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 9, 2020
Sold by
Lee Sang Hoon and Lee Soon Hae
Bought by
Killian Donald William
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Young Lee
Keller Williams Palos Verdes
List Price
$2,159,000
Sold Price
$2,139,000
Premium/Discount to List
-$20,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,497,300
Outstanding Balance
$1,337,071
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$843,697

Purchase Details

Closed on
Jul 6, 2016
Sold by
Pan Deeson
Bought by
Lee Sang Hoon and Lee Soon Hae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2004
Sold by
Hanken Garrett L and Hanken Elaine L
Bought by
Pan Deeson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,046,500
Interest Rate
3.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 27, 1997
Sold by
Seascape Highlands Partners
Bought by
Hanken Garrett L and Hanken Elaine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,950
Interest Rate
7.22%
Source: Public Records

Range of Values:

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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
Killian Donald William -- First American Title
Killian Donald William $2,139,000 First American Title
Lee Sang Hoon $1,796,000 Equity Title Company
Pan Deeson -- First American Title Insuran
Hanken Garrett L $812,500 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Killian Donald William $352,900
Open Killian Donald William $1,497,300
Previous Owner Lee Sang Hoon $625,000
Previous Owner Pan Deeson $1,046,500
Previous Owner Hanken Garrett L $632,800
Previous Owner Hanken Garrett L $100,000
Previous Owner Hanken Garrett L $72,000
Previous Owner Hanken Garrett L $649,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $2,139,000 -0.9% $725 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $2,159,000 +0.9% $731 / Sq Ft
08/08/2020 08/08/20 Off Market $2,139,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $27,792 $1,991,176 $1,574,418 $416,758
2024 $27,792 $2,269,922 $1,815,938 $453,984
2023 $27,255 $2,225,415 $1,780,332 $445,083
2022 $25,990 $2,181,780 $1,745,424 $436,356
2021 $25,673 $2,139,000 $1,711,200 $427,800
2019 $22,387 $1,868,090 $1,087,790 $780,300
2018 $22,295 $1,831,461 $1,066,461 $765,000
2016 $19,894 $1,648,000 $1,152,800 $495,200
2015 $19,611 $1,624,000 $1,136,000 $488,000
2014 $17,694 $1,430,000 $1,000,000 $430,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20160384

California Regional Multiple Listing Service (CRMLS)

APN: 4431-036-048