NOT LISTED FOR SALE

16648 Cumbre Verde Ct Pacific Palisades, CA 90272

Estimated Value: $3,345,000 - $4,887,140

5 Beds
6.5 Baths
7,173 Sq Ft
$552/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $4,500,000 $627 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $26,258/month

11 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Marble Flooring
  • 24-Hour Security
  • Fireplace in Primary Bedroom
  • French Architecture

About This Home

As of December 2021

Gated and private French Norman Estate in a terrific cul-de-sac location in the prestigious Palisades Hills section of the Highlands. The gracious entry welcomes you into this beautiful and spacious 5 bedroom 6.5 bath home in over 7,000 square feet. The main level consists of a formal living room, a dining room with lead glass windows, an eat-in kitchen with center island, a beautiful wood paneled library, a classic English pub room, and large family room with stone fireplace and French doors. A gracious staircase leads you to the upper floor that offers an elegant master suite with two walk-in closets and a custom marble bath, three additional bedroom suites and a family game room. The public rooms open on to a generous back yard and outdoor entertaining area with built-in BBQ overlooking the pool and spa. The beautiful landscaping and mature trees complement a comfortable sitting area with pergola and outdoor fireplace ideal for alfresco dining. Additional amenities include a motor court and 3 car garage, maids quarters and laundry. HOA provides 24 hour security patrol and membership in the Palisades Hills Rec Center with pool, spa and tennis courts, as well as access to the dog friendly Highlands Park. This is a special offering for your most discerning Buyers.

Last Agent to Sell the Property

Emil Alexander Schneeman

Berkshire Hathaway HomeServices California Properties License #01200793 Listed on: 11/01/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Shamon Shamonki

Sotheby's International Realty License #01455034

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,060

Year Built

  • Built in 1989

Lot Details

  • 0.36 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Back Yard
  • Property is zoned LARE15

HOA Fees

Parking

  • 3 Car Attached Garage
  • Brick Driveway

Home Design

  • French Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 7,173 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Dry Bar
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Stained Glass
  • Bay Window
  • Garden Windows
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • 5 Fireplaces
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Intercom

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Tennis Courts
  • Brick Porch or Patio
  • Shed
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4431-033-013

Community Details

Overview

  • Association fees include clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,060

Year Built

Built in 1989

Lot Details

0

HOA Fees

$425 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: French Normandy
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Exclusions: Chandeliers, Sconces, Lavabo, Wood shelving in Master Bedroom, Wood trolley pull rail above bar, Train layout and display units, Wood angel, wood shelf in Master bathroom, wood box in toilet room, curling iron holder, gladiator storage cabinets and ladder hanger.
  • Living Area: 7173
  • Lot Acreage: 0.3573
  • Probate: No
  • Stories: 2
  • Year Built: 1989
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Coffered Ceiling(s), Detached/No Common Walls, Hot Tub, Dry Bar
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Patio, Den, Gas, Wood Burning
  • Flooring: Carpet, Hardwood, Marble, Mixed
  • Appliances: Built-In Gas, Built-In BBQ, Microwave, Double Oven, Warmer Oven Drawer
  • Bedrooms: 5
  • Fireplaces: 5
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Nook, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Granite Counters, Island
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Built-Ins, Cable, Ceiling Fan, Central Vacuum, Dishwasher, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator, Trash Compactor, Dryer, Barbeque, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 556.95
  • Windows: French Windows, Garden Window, Drapes/Curtains, Stained or Leaded, Bay Window

Exterior Features

  • Construction: Brick
  • Other Features: French Doors, High Ceilings (9 Feet+), Sprinkler System
  • Other Structures: Shed(s)
  • Tennis Court: Community, North/South
  • Tennis Court Y/N: Yes
  • Patio: Brick, Patio Open
  • Pool Description: In Ground, Association Pool
  • Pool: Yes
  • Roof: Slate
  • Spa: Private, Heated, Community
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Driveway - Brick, Garage Is Attached
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Leased
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Amenities: Tennis Courts, Pool, Spa

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Quarterly
  • Association Fees Include: Clubhouse
  • HOA Fees: 400.00
  • HOA Fees: 75.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4431-033-013
  • Lot Description: Back Yard, Curbs, Landscaped
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 15564

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Nov 15, 2021
Sold by
Gissell Jolyon H and Gissell Patricia L
Bought by
Avanesov Oleg L and Avanesov Nataliya
Seller's Agent
Emil Alexander Schneeman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Shamon Shamonki
Sotheby's International Realty
List Price
$3,995,000
Sold Price
$4,500,000
Premium/Discount to List
$505,000
12.64%
Current Estimated Value
$3,956,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$543,953
Avg. Annual Appreciation
-1.95%
Original Mortgage
$3,150,000
Outstanding Balance
$2,898,144
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$1,282,569

Purchase Details

Closed on
Dec 10, 2009
Sold by
Gissell Jolyon H
Bought by
Gissell Jolyon H and Gissell Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2009
Sold by
Gissell Jolyon H
Bought by
Gissell Jolyon H and Gissell Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2000
Sold by
Hartenbower Family Trust Hartenbower, David A
Bought by
Gissell Jolyon H and Gissell Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
8.14%

Purchase Details

Closed on
Jun 12, 1997
Sold by
Hartenbower David L
Bought by
Hartenbower David Lee and Hartenbower Connie Lee
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
Avanesov Oleg L $4,500,000 California Title Company
Gissell Jolyon H -- Accommodation
Gissell Jolyon H -- First American Title Company
Gissell Jolyon H $2,100,000 Equity Title Company
Hartenbower David Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avanesov Oleg L $575,500
Open Avanesov Oleg L $3,150,000
Previous Owner Gissell Jolyon H $272,500
Previous Owner Gissell Jolyon H $290,000
Previous Owner Gissell Jolyon H $300,000
Previous Owner Gissell Jolyon H $309,000
Previous Owner Gissell Jolyon H $448,000
Previous Owner Gissell Jolyon H $495,000
Previous Owner Gissell Jolyon H $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $4,500,000 +12.6% $627 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $3,995,000 -- $557 / 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 $57,060 $2,172,824 $2,172,824 --
2024 $57,060 $4,681,800 $3,277,260 $1,404,540
2023 $55,948 $4,590,000 $3,213,000 $1,377,000
2022 $53,337 $4,500,000 $3,150,000 $1,350,000
2021 $35,460 $2,946,606 $1,465,179 $1,481,427
2019 $34,399 $2,859,210 $1,421,722 $1,437,488
2018 $34,220 $2,803,148 $1,393,846 $1,409,302
2016 $32,698 $2,694,300 $1,339,722 $1,354,578
2015 $32,219 $2,653,830 $1,319,599 $1,334,231
2014 $32,312 $2,601,846 $1,293,750 $1,308,096
Source: Public Records

Agents Affiliated with this Home

  • Emil Alexander Schneeman

    Seller's Agent in 2021

    Emil Alexander Schneeman

    Berkshire Hathaway HomeServices California Properties

    (310) 230-3700

    31 in this area

    74 Total Sales

    Emil Alexander Schneeman
    Section Image
  • Shamon Shamonki

    Buyer's Agent in 2021

    Shamon Shamonki

    Sotheby's International Realty

    (310) 713-4492

    18 in this area

    39 Total Sales

    Shamon Shamonki
    Section Image

  • N

    Buyer Co-Listing Agent in 2021

    Nancy Guerrero

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 21-100283

The MLS

APN: 4431-033-013

California Los Angeles County Pacific Palisades 90272

16648 Cumbre Verde Ct, Pacific Palisades, CA

This home is located at 16648 Cumbre Verde Ct, Pacific Palisades, CA 90272 since 01 November 2021 and is currently estimated at $3,956,047, approximately $551 per square foot. This property was built in 1989. 16648 Cumbre Verde Ct is a home located in Los Angeles County with nearby schools including Marquez Charter School, Calvary Christian School, and Westside Waldorf School.

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