NOT LISTED FOR SALE

16665 Linda Terrace Pacific Palisades, CA 90272

Estimated Value: $3,508,000 - $5,532,109

5 Beds
4.5 Baths
4,582 Sq Ft
$955/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $4,320,000 $943 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $28,810/month

53 Days on Market

Highlights

  • Ocean View
  • Family Room with Fireplace
  • Farmhouse Style Home
  • In Ground Pool
  • Wood Flooring
  • No HOA

About This Home

As of January 2017

Martha's Vineyard Lighthouse. Rarely does a property of such presence and privacy become available for sale. Echoing the essence of Martha's Vineyard, the Red Door Homes team introduce their latest jewel. The large 9,763 sqft lot provides 180 degree Pacific Ocean vistas with easy access to the beach. The private yard is perfect for coastal and relaxed entertaining. Private and refined, this 4,582 +/- square foot has 5 bedrooms and 4.5 baths. Amenities include; a large formal living room with ocean views, paneled formal dining room, custom wood and millwork throughout, bespoke fixtures and fittings, modern gourmet kitchen with adjacent morning room, open family area with fireplace and oversized french doors open to private backyard. Top floor hosts the master retreat, spa-like soaking tub and panoramic water views for a private sanctuary in your own home. This estate is ideally located, minutes from the Palisades Village and embodies true California Coastal lifestyle.

Last Agent to Sell the Property

Marco Rufo

The Agency License #01362095 Listed on: 11/04/2016

The Agency

Last Buyer's Agent

Isabelle Sum Chung

NET Properties License #01440239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,468

Year Built

  • Built in 2016

Lot Details

  • 9,756 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 4,582 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Library
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4419-009-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,468

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4582
  • Probate: No
  • Stories: 1
  • Year Built: 2016
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Retreat
  • Flooring: Hardwood, Mixed
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Network Wire, Range/Oven, Refrigerator, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 949.37

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Permits
  • Pool: Yes
  • Spa: Permits
  • Spa Yn: Yes
  • View: City Lights, Coastline, Mountains, Ocean, Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Prewired for alarm system, Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4419-009-016
  • Geocode Override: No
  • Lot Size Area: 9756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jan 11, 2017
Sold by
Park Lhae
Bought by
Park Chan Ho
Seller's Agent
Marco Rufo
The Agency
Buyer's Agent
Isabelle Sum Chung
NET Properties
List Price
$4,350,000
Sold Price
$4,320,000
Premium/Discount to List
-$30,000
-0.69%
Current Estimated Value
$4,378,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,036
Avg. Annual Appreciation
1.01%

Purchase Details

Listed on
Nov 4, 2016
Closed on
Dec 28, 2016
Sold by
16665 Linda Terrace Llc
Bought by
Park Chan Ho
Seller's Agent
Marco Rufo
The Agency
Buyer's Agent
Isabelle Sum Chung
NET Properties
List Price
$4,350,000
Sold Price
$4,320,000
Premium/Discount to List
-$30,000
-0.69%

Purchase Details

Closed on
Jul 16, 2014
Sold by
Steele Robert A and The Ettinger Marital Trust
Bought by
16665 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
$1,128,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2007
Sold by
Steele Robert A and The Jerome Ettinger Living Tru
Bought by
Steele Robert A and The Ettinger Marital Trust

Purchase Details

Closed on
Oct 2, 2000
Sold by
Hentschell James H and Hentschell Judith A
Bought by
Ettinger Md Jerome and The Jerome Ettinger Md Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,800
Interest Rate
7.37%

Purchase Details

Closed on
Feb 7, 1996
Sold by
Hentschell Judith Ann and Hentschell James H
Bought by
Hentschell James H and Hentschell Judith Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.14%
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
Park Chan Ho -- Equity Title
Park Chan Ho $4,320,000 Equity Title
16665 Linda Terrace Llc $1,880,000 Equity Title
Steele Robert A -- None Available
Ettinger Md Jerome $961,000 Progressive Title Company
Hentschell James H -- Benefit Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 16665 Linda Terrace Llc $2,551,000
Previous Owner 16665 Linda Terrace Llc $1,128,000
Previous Owner Ettinger Md Jerome $768,800
Previous Owner Hentschell James H $100,000
Previous Owner Hentschell James H $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2017 01/25/17 Sold $4,320,000 -0.7% $943 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $4,350,000 -- $949 / 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 $59,468 $1,734,621 $1,734,621 --
2024 $59,468 $4,915,416 $2,616,321 $2,299,095
2023 $58,301 $4,819,036 $2,565,021 $2,254,015
2022 $55,566 $4,724,546 $2,514,727 $2,209,819
2021 $54,900 $4,631,909 $2,465,419 $2,166,490
2019 $53,239 $4,494,527 $2,392,295 $2,102,232
2018 $53,009 $4,406,400 $2,345,388 $2,061,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-177528

The MLS

APN: 4419-009-029