NOT LISTED FOR SALE

16045 Northfield St Pacific Palisades, CA 90272

Estimated Value: $3,834,000 - $4,770,700

5 Beds
5.5 Baths
4,100 Sq Ft
$1,043/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $4,165,000 $1,016 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $27,739/month

41 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Room in yard for a pool
  • Traditional Architecture
  • No HOA

About This Home

As of September 2020

This exceptional, recently built Traditional home in prime Pacific Palisades boasts an open plan featuring 4100 square feet of luxurious living space, soaring ceilings, wide-plank hardwood floors, French doors throughout, & designer finishes & fixtures. Completely private & set behind gates, the charming, light-filled home features a gourmet chef's kitchen with custom cabinetry, marble countertops, Wolf & Sub-Zero appliances, double dishwashers & eat-in island adjacent to the breakfast nook. The inviting master suite features a spacious balcony, fireplace, his & her walk-in closest, spa-like bathroom with soaking tub, dual sinks, & a massive rainfall steam-shower. The 750+/ SQFT rooftop deck is an entertainer's paradise with spectacular views of the ocean and bluffs, perfect for indoor-outdoor living. This meticulously built residence features every luxury amenity possible just minutes away from the Palisades Village & the best schools, hiking, entertainment, and beaches in all of CA.

Last Agent to Sell the Property

Neyshia Go

Sotheby's International Realty License #01933923 Listed on: 06/25/2020

Sotheby's International Realty

Co-Listed By

Nichole Shanfeld

Carolwood Estates License #02093007

Last Buyer's Agent

Neyshia Go

Sotheby's International Realty License #01933923 Listed on: 06/25/2020

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,373

Year Built

  • Built in 2018

Lot Details

  • 5,651 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Bluff
  • Canyon
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4413-002-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,373

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4100
  • Lot Acreage: 0.1297
  • Stories: 2
  • Year Built: 2018
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Hood Fan, Microwave, Refrigerator, Washer, Range/Oven, Ice Maker
  • Fireplace: Yes
  • Price Per S Q F T: 1036.59

Exterior Features

  • Other Structures: None
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Canyon, City Lights, Coastline, Bluff, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4413-002-013
  • Lot Size Area: 5651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Sep 3, 2020
Sold by
Boghostan Darren N and Shanfeld Jaclyn Sarah
Bought by
Nasr Waleed Moustafa and Nasr Angie Atif
Seller's Agent
Neyshia Go
Sotheby's International Realty
Buyer's Agent
Neyshia Go
Sotheby's International Realty
List Price
$4,599,000
Sold Price
$4,165,000
Premium/Discount to List
-$434,000
-9.44%
Current Estimated Value
$4,274,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,567
Avg. Annual Appreciation
0.71%
Original Mortgage
$2,700,000
Outstanding Balance
$2,411,196
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,903,371

Purchase Details

Listed on
Mar 23, 2018
Closed on
May 29, 2018
Sold by
16045 Northfield Llc
Bought by
Boghasian Darren N and Shanfeld Jcalyn Sarah
Seller's Agent
David Kelmenson
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,995,000
Sold Price
$4,155,000
Premium/Discount to List
$160,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.11%
Original Mortgage
$2,842,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2016
Sold by
Sowa Development Inc
Bought by
16045 Northfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2016
Sold by
Busby Jacqueline Dee
Bought by
Sowa Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1993
Sold by
Schumann William C
Bought by
Schumann Elena Freshman
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
Nasr Waleed Moustafa $4,165,000 Timios Title A Ca Corp
Boghasian Darren N $4,061,000 Lawyers Title
16045 Northfield Llc -- Stewart Title
Sowa Development Inc $1,700,000 Lawyers Title
Schumann Elena Freshman -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasr Waleed Moustafa $2,700,000
Previous Owner Boghosian Darren N $200,000
Previous Owner Boghasian Darren N $2,842,000
Previous Owner 16045 Northfield Llc $2,450,000
Previous Owner Sowa Development Inc $1,190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $4,165,000 -2.0% $1,016 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $4,250,000 -7.6% $1,037 / Sq Ft
06/25/2020 06/25/20 For Sale $4,599,000 +10.7% $1,122 / Sq Ft
05/31/2018 05/31/18 Sold $4,155,000 0.0% $1,121 / Sq Ft
04/02/2018 04/02/18 Off Market $4,155,000 -- --
03/23/2018 03/23/18 For Sale $3,995,000 -- $1,078 / 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 $53,373 $4,246,206 $2,170,396 $2,075,810
2024 $53,373 $4,419,930 $2,364,265 $2,055,665
2023 $52,324 $4,333,265 $2,317,907 $2,015,358
2022 $49,864 $4,248,300 $2,272,458 $1,975,842
2021 $49,344 $4,165,000 $2,227,900 $1,937,100
2020 $51,014 $4,225,064 $2,080,800 $2,144,264
2019 $48,824 $4,142,220 $2,040,000 $2,102,220
2018 $29,622 $2,460,700 $1,734,000 $726,700
2016 $1,875 $150,769 $73,708 $77,061
2015 $1,865 $1,640,000 $1,200,000 $440,000
2014 $1,864 $145,597 $71,179 $74,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-594114

The MLS

APN: 4413-002-013