NOT LISTED FOR SALE

16598 Via Floresta Pacific Palisades, CA 90272

Estimated Value: $3,708,000 - $4,925,604

6 Beds
6 Baths
4,000 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $4,430,000 $1,108 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $29,468/month

124 Days on Market

Highlights

  • Heated In Ground Pool
  • Traditional Architecture
  • Marble Countertops
  • City View
  • Wood Flooring
  • No HOA

About This Home

As of June 2021

Located in the prestigious Marquez Knolls neighborhood of Pacific Palisades, this ultra-private residence is situated on one of the largest view properties in the area, capturing sweeping canyon and city vistas. With 3 gated entrances, the recently remodeled home is set amidst vegetable & herb gardens and a fruit orchard, ideal for growing your own in the comfort of home. Light-filled living spaces showcase expansive windows, including the open chefs kitchen with ample counters & premier stainless steel appliances. Interiors open to spacious view terraces, 8-person fire pit lounge, lush grass yard, saltwater pool/spa, outdoor kitchen/BBQ, shower & cascading stone waterfall. Steps descend down the hillside to the gardens, sandy play area & patio. 6 bedrooms include 2 master suites with a wraparound view balcony. Features include a Carrera marble master bath, hardwood floors, den and 3-car garage, located moments from premier beaches, hiking trails, Temescal Beach & Palisades Village.

Last Agent to Sell the Property

Michelle Schwartz

The Agency License #01889141 Listed on: 01/15/2021

The Agency

Co-Listed By

Corey Kessler

The Agency License #01882925

Last Buyer's Agent

Jacqueline Chernov

The Beverly Hills Estates License #01361435

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,964

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Gated Home
  • Property is zoned LARE15

Property Views

  • City
  • Canyon

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,000 Sq Ft Home
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 7 Parking Spaces
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Open Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4420-019-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,964

Year Built

Built in 1987 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4000
  • Lot Acreage: 0.2943
  • Property Condition: Updated/Remodeled
  • Year Built: 1987
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Fire Pit
  • Flooring: Tile, Hardwood
  • Bedrooms: 6
  • Fireplaces: 1
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Marble Counters
  • Laundry: Inside
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1187.50

Exterior Features

  • Other Structures: None
  • Pool Description: Heated, In Ground, Salt/Saline, Waterfall
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: City, Canyon
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4420-019-031
  • Lot Size Area: 32000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
May 26, 2021
Sold by
Clavin Aaron
Bought by
Noble Jason Benham and Noble Masae
Seller's Agent
Michelle Schwartz
The Agency
Buyer's Agent
Jacqueline Chernov
The Beverly Hills Estates
List Price
$5,170,000
Sold Price
$4,430,000
Premium/Discount to List
-$740,000
-14.31%
Current Estimated Value
$4,515,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,201
Avg. Annual Appreciation
-1.72%
Original Mortgage
$3,322,500
Outstanding Balance
$3,014,653
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,109,548

Purchase Details

Closed on
Aug 13, 2013
Sold by
Bausch Natalie
Bought by
Clavin Aaron

Purchase Details

Closed on
Jul 12, 2013
Sold by
Bausch Natalie
Bought by
Clavin Aaron and Bausch Natalie

Purchase Details

Listed on
Aug 7, 2012
Closed on
Jan 17, 2013
Sold by
Clavin Aaron
Bought by
Bausch Natalie
Seller's Agent
Cynthia Ann Festa
Rodeo Realty - Pacific Palisades
Buyer's Agent
Cynthia Ann Festa
Rodeo Realty - Pacific Palisades
List Price
$2,695,000
Sold Price
$2,250,000
Premium/Discount to List
-$445,000
-16.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%

Purchase Details

Listed on
Aug 7, 2012
Closed on
Dec 3, 2012
Sold by
Bausch Natalie
Bought by
Clavin Aaron
Seller's Agent
Cynthia Ann Festa
Rodeo Realty - Pacific Palisades
Buyer's Agent
Cynthia Ann Festa
Rodeo Realty - Pacific Palisades
List Price
$2,695,000
Sold Price
$2,250,000
Premium/Discount to List
-$445,000
-16.51%

Purchase Details

Listed on
Aug 7, 2012
Closed on
Nov 27, 2012
Sold by
Schinto George
Bought by
Clavin Aaron
Seller's Agent
Cynthia Ann Festa
Rodeo Realty - Pacific Palisades
Buyer's Agent
Cynthia Ann Festa
Rodeo Realty - Pacific Palisades
List Price
$2,695,000
Sold Price
$2,250,000
Premium/Discount to List
-$445,000
-16.51%
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
Noble Jason Benham $4,430,000 Fidelity National Title Co
Clavin Aaron -- None Available
Clavin Aaron -- None Available
Bausch Natalie -- None Available
Clavin Aaron -- Progressive Title Company
Clavin Aaron $2,250,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noble Jason Benham $3,322,500
Previous Owner Schinto George $999,998
Previous Owner Schinto George $1,000,000
Previous Owner Schinto George $1,000,000
Previous Owner Schinto George $697,000
Previous Owner Schinto George $700,000
Previous Owner Schinto George $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $4,430,000 -6.7% $1,108 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $4,750,000 -8.1% $1,188 / Sq Ft
01/15/2021 01/15/21 For Sale $5,170,000 +129.8% $1,293 / Sq Ft
01/04/2013 01/04/13 Sold $2,250,000 -6.2% $563 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
10/18/2012 10/18/12 Price Changed $2,398,500 -2.1% $600 / Sq Ft
09/27/2012 09/27/12 Price Changed $2,450,000 -3.0% $613 / Sq Ft
09/07/2012 09/07/12 Price Changed $2,525,000 -6.3% $631 / Sq Ft
08/07/2012 08/07/12 For Sale $2,695,000 -- $674 / 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 $56,964 $4,401,968 $3,452,525 $949,443
2024 $56,964 $4,701,149 $3,760,920 $940,229
2023 $55,849 $4,608,971 $3,687,177 $921,794
2022 $53,233 $4,518,600 $3,614,880 $903,720
2021 $32,084 $2,677,222 $2,047,767 $629,455
2020 $32,418 $2,649,771 $2,026,770 $623,001
2019 $31,123 $2,597,816 $1,987,030 $610,786
2018 $30,908 $2,546,879 $1,948,069 $598,810
2016 $29,572 $2,447,982 $1,872,424 $575,558
2015 $29,138 $2,386,972 $1,844,299 $542,673
2014 $28,932 $2,340,215 $1,808,172 $532,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-680880

The MLS

APN: 4420-019-031