NOT LISTED FOR SALE

16651 Cumbre Verde Ct Pacific Palisades, CA 90272

Estimated Value: $4,199,000 - $5,953,000

5 Beds
6 Baths
6,508 Sq Ft
$755/Sq Ft Est. Value

Last Sold March 27, 2014

Last sale price $3,295,000 $506 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $30,195/month

41 Days on Market

Highlights

  • Views of Trees
  • Living Room with Fireplace
  • Wood Flooring
  • Room in yard for a pool
  • Traditional Architecture
  • Loft

About This Home

As of March 2014

Pull into a large private motor court to the exquisite custom estate with attention to detail at every turn. Grand entry welcomes you with wonderful entertaining spaces. 5 bedrooms, 2 offices, Media Room, Library with fireplace and wet bar, Living room with fireplace and built ins, formal Dining room, Gallery with walls of glass overlooking the lush private yard with streaming natural light. Gourmet chef's kitchen with Center Island opens to family room. 2 staircases to access the upstairs featuring a lavish master suite with vaulted ceilings, sitting area, beautiful custom bath and 2 walk in closets. To complete the upstairs you will find 3 additional family bedrooms, office and media room. The private grounds are a rare offering with a huge flat lot, 3 car garage and amazing outdoor space for entertaining and family living. Truly one of a kind and unique property

Last Agent to Sell the Property

Lisa Kirshner Elkin

Christie's International Real Estate SoCal License #01159728 Listed on: 01/31/2014

Christie's International Real Estate SoCal

Last Buyer's Agent

Rita Nickels

Compass License #00349743

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,218

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Property is zoned LARE15

Parking

  • 3 Car Direct Access Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,508 Sq Ft Home
  • Built-In Features
  • Bar
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Loft
  • Views of Trees
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4431-033-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,218

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6508
  • Year Built: 1989
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Library, Living Room
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 2
  • 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, Built-Ins, Cable, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 506.30

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Direct Entrance, Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Condo/Co-op/Association

  • HOA Fees: 290.00

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4431-033-020
  • Geocode Override: No
  • Lot Size Area: 15017

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2017
Sold by
Raddon Richard Hollis and Raddon Kathryn Bonnemort
Bought by
Raddon Richard H and Raddon Kathryn B
Current Estimated Value
$4,913,084

Purchase Details

Listed on
Jan 31, 2014
Closed on
Feb 21, 2014
Sold by
Dickson Richard and Wieder Dickson Dana
Bought by
Raddon Richard Hollis and Raddon Kathryn Bonnemort
Seller's Agent
Lisa Kirshner Elkin
Christie's International Real Estate SoCal
Buyer's Agent
Rita Nickels
Compass
List Price
$3,295,000
Sold Price
$3,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$2,000,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2003
Sold by
Jurkowich George J and Jurkowich Virginia L
Bought by
Dickson Richard and Wieder Dickson Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1999
Sold by
Kao Su Tseng Tr Su Tseng Kao Trust
Bought by
Jurkowich George J and Jurkowich Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7%

Purchase Details

Closed on
Nov 29, 1994
Sold by
Kao Tien Fu and Kao Su Tseng
Bought by
Su Tseng Kao Living Trust

Purchase Details

Closed on
Jan 6, 1994
Sold by
Birnbaum Barbara and Birnbaum Stevan
Bought by
Kao Tien Fu and Kao Su Tseng
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
Raddon Richard H -- None Available
Raddon Richard Hollis $3,295,000 Chicago Title
Dickson Richard $1,895,000 Southland Title Corporation
Jurkowich George J $1,525,000 Fidelity National Title Co
Su Tseng Kao Living Trust -- --
Kao Tien Fu $1,060,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raddon Richard H $3,000,000
Closed Raddon Richard Hollis $2,000,000
Previous Owner Dickson Richard $975,000
Previous Owner Dickson Richard $700,000
Previous Owner Dickson Richard $729,750
Previous Owner Dickson Richard $300,000
Previous Owner Dickson Richard $1,000,000
Previous Owner Jurkowich George J $1,074,000
Previous Owner Jurkowich George J $1,100,000
Previous Owner Kao Tien Fu $486,000
Closed Jurkowich George J $250,000
Closed Dickson Richard $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $3,295,000 0.0% $506 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $3,295,000 -- $506 / 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 $48,218 $2,100,390 $2,100,390 --
2024 $48,218 $3,960,008 $3,168,010 $791,998
2023 $47,278 $3,882,362 $3,105,893 $776,469
2022 $45,073 $3,806,239 $3,044,994 $761,245
2021 $44,520 $3,731,608 $2,985,289 $746,319
2019 $43,180 $3,620,929 $2,896,745 $724,184
2018 $42,980 $3,549,932 $2,839,947 $709,985
2016 $41,107 $3,412,085 $2,729,669 $682,416
2015 $40,501 $3,360,833 $2,688,667 $672,166
2014 $29,752 $2,403,943 $1,570,311 $833,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-733785

The MLS

APN: 4431-033-020