NOT LISTED FOR SALE

16620 Linda Terrace Pacific Palisades, CA 90272

Estimated Value: $2,386,000 - $3,942,000

3 Beds
3 Baths
1,961 Sq Ft
$1,716/Sq Ft Est. Value

Highlights

  • Ocean View
  • Breakfast Area or Nook
  • Open Patio
  • Wood Flooring
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of October 2016

Spectacular unobstructed ocean view home in Pacific Palisades. Located att he end of a quiet cut-de-sac with a very large (11,000 sf) useable lot. Property features 3 bedrooms, 2.5 bathrooms, open living room and large dining area. Spacious kitchen with adjacent breakfast area. Deck off living room, perfect for indoor / outdoor entertaining with incredible views. Move-in condition. $13,000 (deposit + first month) due upon signing.

Last Agent to Rent the Property

Scott Moore

Christie's International Real Estate SoCal License #01347535 Listed on: 09/07/2016

Christie's International Real Estate SoCal

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,153

Year Built

  • Built in 1953

Lot Details

  • 0.27 Acre Lot
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage

Property Views

  • Ocean
  • City

Home Design

  • Bungalow

Interior Spaces

  • 1,961 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating

Listing and Financial Details

  • Security Deposit $6,500
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4419-014-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,153

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Security Deposit: 6500
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1961
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Mixed, Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4419-014-019
  • Geocode Override: No
  • Lot Size Area: 11575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Arixa Fund Iii Lp
Bought by
Shomof Eric and Shomof Sara
Total Days on Market
43
Current Estimated Value
$3,539,680

Purchase Details

Closed on
Sep 11, 2020
Sold by
16220 Linda Terrace Llc
Bought by
Axia Fund Iii Lp

Purchase Details

Closed on
Dec 21, 2015
Sold by
Kerr John S and Kerr Jane E
Bought by
16220 Linda Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2014
Sold by
Kerr John Stephenson and Kerr Jane Ellizabeth
Bought by
Kerr John S and Kerr Jane E
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
Shomof Eric $2,350,000 Fidelity National Title Co
Axia Fund Iii Lp $2,450,000 Chicago Title Company
16220 Linda Terrace Llc $2,450,000 Equity Title Company
Kerr John S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shlomof Izek $14,000,000
Previous Owner 16220 Linda Terrace Llc $500,000
Previous Owner 16220 Linda Terrace Llc $4,500,000
Previous Owner From 16220 Linda Terrace Llc $1,415,000
Previous Owner 16220 Linda Terrace Llc $761,600
Previous Owner 16220 Linda Terrace Llc $150,000
Previous Owner 16220 Linda Terrace Llc $2,150,000
Previous Owner 16220 Linda Terrace Llc $680,000
Previous Owner 16220 Linda Terrace Llc $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Rented $6,000 -7.7% --
09/21/2016 09/21/16 Price Changed $6,500 -7.1% $3 / Sq Ft
09/07/2016 09/07/16 For Rent $7,000 +55.6% --
02/25/2016 02/25/16 Rented $4,500 0.0% --
01/14/2016 01/14/16 For Rent $4,500 -- --
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 $30,153 $4,701,320 $2,543,714 $2,157,606
2024 $30,153 $2,493,838 $2,493,838 --
2023 $29,565 $2,444,940 $2,444,940 $0
2022 $28,179 $2,397,000 $2,397,000 $0
2021 $30,794 $2,600,000 $2,500,000 $100,000
2020 $32,192 $2,651,956 $2,273,106 $378,850
2019 $30,896 $2,599,958 $2,228,536 $371,422
2018 $30,735 $2,548,980 $2,184,840 $364,140
2016 $29,419 $2,450,000 $2,100,000 $350,000
2015 $2,011 $150,300 $85,452 $64,848
2014 -- $147,357 $83,779 $63,578
Source: Public Records

Agents Affiliated with this Home

  • Scott Moore

    Landlord's Agent in 2016

    Scott Moore

    Christie's International Real Estate SoCal

    (310) 678-7855

    4 in this area

    72 Total Sales

    Section Image

  • S

    Tenant's Agent in 2016

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 16-160136

The MLS

APN: 4419-014-019

California Los Angeles County Pacific Palisades 90272

16620 Linda Terrace, Pacific Palisades, CA

This home is located at 16620 Linda Terrace, Pacific Palisades, CA 90272 since 07 September 2016 and is currently priced at $3,365,347. This property was built in 1953. 16620 Linda Terrace is a home located in Los Angeles County with nearby schools including Marquez Charter School, Paul Revere Charter Middle School, and Palisades Charter High.

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