NOT LISTED FOR SALE

16300 Shadow Mountain Dr Pacific Palisades, CA 90272

Estimated Value: $4,820,000 - $9,008,884

5 Beds
6 Baths
7,149 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $8,250,000 $1,154 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $53,350/month

119 Days on Market

Highlights

  • Ocean View
  • 43,732 Sq Ft lot
  • Contemporary Architecture
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Marble Flooring

About This Home

As of February 2018

Located in the 24-hour, guard-gated Ridgeview Country Estates, this enchanting modern Mediterranean villa stuns with its unobstructed views of the ocean and Tuscan-style vineyard. Built by prominent architect Dan Lang, the spacious interior has a vast, open concept design. Upon entrance, the villa meets you with 31-foot-high ceilings, an opulent entry with a spiral staircase, and an expansive living space that melts effortlessly into the outdoor living area and infinity pool. The family room and bar is sure to be the center of all entertainment or find a moment to escape to the private library/office. Enjoy dinner parties in the formal grand dining room or create culinary masterpieces in the chef's kitchen that's finished in rare Brazilian blue lapis granite. Upstairs, the master bedroom and bathroom comes with sweeping dual walk-in closets and a secluded master balcony. This five-bedroom, six-bathroom romantic Mediterranean villa offers the perfect get-away feel all year round.

Last Agent to Sell the Property

Cindy Ambuehl

Christie's International Real Estate SoCal License #01821934 Listed on: 06/02/2017

Co-Listed By

Gloria Castellanos

The Agency License #01449423

Last Buyer's Agent

Nora Wendel

Compass License #01419846

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,337

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Property is zoned LARE40

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Ocean
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 7,149 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4420-039-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,337

Year Built

Built in 1997

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 7149
  • Year Built: 1997
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Marble
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1223.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 650.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4420-039-003
  • Geocode Override: No
  • Lot Size Area: 43732

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jan 12, 2018
Sold by
Foroosh Joseph A
Bought by
Fifield Randy A and Randy A Fifield Living Trust
Seller's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
Buyer's Agent
Nora Wendel
Compass
List Price
$8,750,000
Sold Price
$8,250,000
Premium/Discount to List
-$500,000
-5.71%
Current Estimated Value
$7,969,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$280,705
Avg. Annual Appreciation
-1.56%
Original Mortgage
$3,000,000
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
Jan 30, 1997
Sold by
Foroosh Joseph
Bought by
Foroosh Joseph A and Foroosh Elly

Purchase Details

Closed on
Nov 23, 1992
Sold by
Leonard Luanne L
Bought by
Foroosh Joseph and Foroosh Elly
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
Fifield Randy A $8,250,000 Usa National Title
Foroosh Joseph A -- --
Foroosh Joseph $610,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fifield Randy A $3,000,000
Closed Fifield Randy A $3,000,000
Previous Owner Foroosh Joseph $51,308,000
Previous Owner Foroosh Joseph $51,308,000
Previous Owner Foroosh Joseph A $1,000,000
Previous Owner Foroosh Joseph A $1,258,500
Previous Owner Foroosh Joseph A $500,000
Previous Owner Foroosh Joseph A $1,440,000
Previous Owner Foroosh Joseph A $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $8,250,000 -5.7% $1,154 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $8,750,000 -- $1,224 / 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 $111,337 $8,781,194 $5,120,230 $3,660,964
2024 $111,337 $9,203,028 $5,577,593 $3,625,435
2023 $109,149 $9,022,578 $5,468,229 $3,554,349
2022 $104,023 $8,845,665 $5,361,009 $3,484,656
2021 $102,785 $8,672,222 $5,255,892 $3,416,330
2019 $99,676 $8,415,000 $5,100,000 $3,315,000
2018 $31,818 $2,606,453 $911,221 $1,695,232
2016 $30,395 $2,505,243 $875,838 $1,629,405
2015 $29,950 $2,467,613 $862,683 $1,604,930
2014 $30,051 $2,419,277 $845,785 $1,573,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-237466

The MLS

APN: 4420-039-003