NOT LISTED FOR SALE

16040 W Sunset Blvd Unit 208 Pacific Palisades, CA 90272

Estimated Value: $970,000 - $1,230,237

2 Beds
2.5 Baths
1,724 Sq Ft
$550/mo HOA Fee

Last Sold April 20, 2022

Last sale price $1,470,000 $853 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $6,680/month

18 Days on Market

Highlights

  • Automatic Gate
  • Contemporary Architecture
  • Elevator
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Side by Side Parking

About This Home

As of April 2022

Do not miss this remodeled 2 bedroom/2.5-bathroom townhouse-style unit, enhanced by a spectacular wraparound private patio with a firepit. The unit is a corner unit located in the back of the complex and very quiet. Upper level includes a spacious living room with fireplace and French doors that led to an upper deck and a spiral staircase leading to the lower-level large private patio. Remodeled state-of-the-art kitchen opens to the dining area and living room, and has stainless steel appliances, quartz counters, wine fridge, and breakfast bar. Wood floors on upper level. Lower-level master bedroom has an en-suite bathroom with a large glass block shower, walk-in closet, fireplace, and doors opening to the large private patio. Second bedroom, also with en-suite bath, walk-in closet, and a second closet w/built-ins. Great bonus space for an office adjacent to bedrooms. Recessed lighting, dual pane windows/doors throughout, side-by-side parking and an extra-large storage area in garage. Great proximity to Palisades Village with the new Caruso development, El Medio Bluffs with ocean views, Temescal Canyon hiking trails, and Will Rogers State Beach.

Last Agent to Sell the Property

Mary Beth Woods

Coldwell Banker Realty License #00470539 Listed on: 02/25/2022

Coldwell Banker Realty

Co-Listed By

Darby Woods

Coldwell Banker Realty License #01441232

Last Buyer's Agent

June Sebree

Berkshire Hathaway HomeServices California Properties License #01249554

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,645

Year Built

  • Built in 1988

Lot Details

  • 0.38

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,724 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Automatic Gate
  • Parking Garage Space

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4413-001-035

Community Details

Overview

  • 20 Units

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,645

Year Built

Built in 1988

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Sunset Wildomar HOA
  • Entry Floor: 2
  • Living Area: 1724
  • Lot Acreage: 0.3819
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Laundry Closet Stacked, In Unit
  • Total Bathrooms: 3.00
  • Equipment: Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 794.08

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated, Automatic Gate

Association/Amenities

  • Amenities: Gated Parking, Extra Storage, Elevator, Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 550.00
  • HOA: Yes
  • Unit Location: Back

Lot Info

  • Assessor Parcel Number: 4413-001-035
  • Lot Size Area: 16634

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 27, 2018
Sold by
Oakley Sara J and Haghighat Ardlan
Bought by
Rigg Richard and The Jingyi Chen Revocable Trus
Seller's Agent
Bob Romanoff
Compass
Buyer's Agent
Darby Woods
Coldwell Banker Realty
List Price
$1,249,000
Sold Price
$1,125,000
Premium/Discount to List
-$124,000
-9.93%
Current Estimated Value
$1,129,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,079
Avg. Annual Appreciation
0.05%
Original Mortgage
$733,800
Outstanding Balance
$617,566
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$511,513

Purchase Details

Closed on
Apr 11, 2016
Sold by
Haghighat Ardalan and Oakley Sara J
Bought by
Oakley Sara J and Haghighat Ardalan

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
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2013
Sold by
Oakley Sara J and Sara J Oakley Trust
Bought by
Haghighat Ardalan and Oakley Sara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Oakley Sara J
Bought by
Oakley Sara J and Sara J Oakley Trust

Purchase Details

Closed on
Jul 25, 2005
Sold by
Bowling Faye Diane
Bought by
Oakley Sara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 1994
Sold by
Scott Robert Allen and Scott Faye Donley
Bought by
Bowling Faye Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,600
Interest Rate
8.92%
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
Rigg Richard $1,125,000 Lawyers Title
Oakley Sara J -- Lawyers Title Sd
Haghighat Ardalan -- Ticor Title Co
Oakley Sara J -- --
Oakley Sara J $918,000 Chicago Title Co
Bowling Faye Diane $349,500 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigg Richard $733,800
Previous Owner Oakley Sara J $625,000
Previous Owner Haghighat Ardalan $611,000
Previous Owner Oakley Sara J $658,000
Previous Owner Bowling Faye Diane $279,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2022 04/20/22 Sold $1,470,000 +7.4% $853 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $1,369,000 +21.7% $794 / Sq Ft
07/23/2018 07/23/18 Sold $1,125,000 -2.1% $653 / Sq Ft View Prior Sale
06/29/2018 06/29/18 Pending -- -- --
06/15/2018 06/15/18 Price Changed $1,149,000 -8.0% $666 / Sq Ft
05/17/2018 05/17/18 For Sale $1,249,000 -- $724 / 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 $2,645 $205,124 $88,899 $116,225
2024 $2,645 $211,938 $96,840 $115,098
2023 $2,682 $207,784 $94,942 $112,842
2022 $13,890 $1,182,574 $822,441 $360,133
2021 $13,715 $1,159,387 $806,315 $353,072
2020 $13,857 $1,147,500 $798,048 $349,452
2019 $13,299 $1,125,000 $782,400 $342,600
2018 $13,261 $1,102,549 $783,317 $319,232
2016 $12,122 $1,013,000 $768,000 $245,000
2015 $10,538 $880,000 $667,300 $212,700
2014 $9,185 $749,000 $568,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-131021

The MLS

APN: 4413-001-035