NOT LISTED FOR SALE

16040 W Sunset Blvd Unit 203 Pacific Palisades, CA 90272

Estimated Value: $758,000 - $1,217,000

2 Beds
2.5 Baths
1,346 Sq Ft
$600/mo HOA Fee

Last Sold February 08, 2024

Last sale price $1,100,000 $817 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,651/month

43 Days on Market

Highlights

  • End Unit
  • Controlled Access
  • Central Heating and Cooling System
  • Neighborhood Views
  • Laundry Room
  • Community Storage Space

About This Home

As of February 2024

Welcome to Pacific Palisades enjoy surfing, surf fishing and hikes all within minutes of this home.
Featuring wrap around balconies on each floor, Central Air and Heat, Secured two car parking spaces, Visitor Parking and a community Rooftop deck for you and your guests’ enjoyment.
Minutes from UCLA and Palisades town center, Santa Monica and Local Schools –Enjoy all that Will Rogers State Beach, Temescal Gateway Park, Palisades Park and Recreation Center, South Bay Bicycle Trails and many more Points of Interest this city has to offer.
This home’s parking spaces are right below and very close to the elevator making it convenient to access. Additional Storage spaces allocated for owners are in the lower level garage as well.
Property is also listed for lease - PV2320494

Last Agent to Sell the Property

Victor Liu

Luxury PV Realty License #01454468 Listed on: 12/04/2023

Last Buyer's Agent

Maria Cox-Dwyer

Douglas Elliman License #01815667

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,154

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,346 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 43470
  • Assessor Parcel Number 4413001030

Community Details

Overview

  • 20 Units
  • Sunset Wildomar Association, Phone Number (310) 654-8767

Additional Features

  • Community Storage Space
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,154

Year Built

Built in 1988

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Microwave/hood
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4413001030
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1346.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 817.24
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • 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: Storage, Controlled Access
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: Sunset Wildomar
  • Phone: 13106548767
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Sunset Wildomar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 16639.00
  • Lot Size Acres: 0.3820
  • Latitude Manual: 34.04853900

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 16639.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 2627.04
  • Tax Lot: 1
  • Tax Tract Number: 43470

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 24, 2024
Sold by
Kim Joseph
Bought by
Holy Cross Lutheran Church Of Pacific Palisad and Lutheran Church Of The Palisades
Seller's Agent
Victor Liu
Luxury PV Realty
Buyer's Agent
Maria Cox-Dwyer
Douglas Elliman
List Price
$1,239,000
Sold Price
$1,100,000
Premium/Discount to List
-$139,000
-11.22%
Views
324
Current Estimated Value
$994,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,572
Avg. Annual Appreciation
-5.63%

Purchase Details

Closed on
Nov 20, 2020
Sold by
Kim Joseph
Bought by
Kim Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2017
Sold by
Kang Woosun
Bought by
Kim Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2013
Sold by
Bason Julie Marie and Julie Marie Bason Revocable Tr
Bought by
Kim Joseph

Purchase Details

Closed on
Aug 9, 2012
Sold by
Bason Julie Marie
Bought by
Bason Julie Marie and Julie Marie Bason Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2011
Sold by
Bason Julie Marie
Bought by
Bason Julie Marie and The Julie Marie Bason Revocabl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Bason Julie M
Bought by
Bason Julie Marie and Julie Marie Bason Revocable Tr

Purchase Details

Closed on
Oct 5, 2009
Sold by
Grier Michael E and Obrien Tracy L
Bought by
Bason Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,250
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2004
Sold by
Azarmi Soodabeh
Bought by
Grier Michael E and Obrien Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 1997
Sold by
Botwinick David
Bought by
Azarmi Soodabeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
7.81%
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
Holy Cross Lutheran Church Of Pacific Palisad $1,100,000 Lawyers Title Company
Kim Joseph -- Clearmark Title Company
Kim Joseph -- First American Title Ins Co
Kim Joseph $690,000 Equity Title Company
Bason Julie Marie -- Usa National Title Co
Bason Julie Marie -- Usa National Title Co
Bason Julie Marie -- First American Title
Bason Julie Marie -- First American Title
Bason Julie Marie -- None Available
Bason Julie M $619,000 Equity Title
Grier Michael E $645,000 Fidelity National Title Co
Azarmi Soodabeh $233,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Joseph $510,000
Previous Owner Kim Joseph $113,000
Previous Owner Bason Julie Marie $417,000
Previous Owner Bason Julie Marie $412,000
Previous Owner Bason Julie M $464,250
Previous Owner Grier Michael E $516,000
Previous Owner Azarmi Soodabeh $209,700
Closed Grier Michael E $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2024 02/08/24 Sold $1,100,000 -4.3% $817 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/14/2023 12/14/23 Price Changed $1,149,000 -7.3% $854 / Sq Ft
12/04/2023 12/04/23 For Sale $1,239,000 0.0% $921 / Sq Ft
04/18/2019 04/18/19 Rented $4,495 -4.3% --
04/05/2019 04/05/19 For Rent $4,695 -- --
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 $10,154 $1,122,000 $612,000 $510,000
2024 $10,154 $833,014 $454,535 $378,479
2023 $9,875 $816,681 $445,623 $371,058
2022 $9,414 $800,669 $436,886 $363,783
2021 $9,293 $784,970 $428,320 $356,650
2020 $9,388 $776,922 $423,929 $352,993
2019 $9,010 $761,689 $415,617 $346,072
2018 $8,983 $746,755 $407,468 $339,287
2016 $8,587 $717,760 $391,647 $326,113
2015 $8,459 $706,980 $385,765 $321,215
2014 $8,488 $693,132 $378,209 $314,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23220530

California Regional Multiple Listing Service (CRMLS)

APN: 4413-001-030