NOT LISTED FOR SALE

16694 Via la Costa Pacific Palisades, CA 90272

Estimated Value: $2,873,000 - $4,559,935

5 Beds
5 Baths
5,303 Sq Ft
$754/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $3,100,000 $585 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $25,756/month

17 Days on Market

Highlights

  • Ocean View
  • 0.52 Acre Lot
  • Cul-De-Sac
  • In Ground Pool
  • Main Floor Bedroom
  • 3 Car Attached Garage

About This Home

As of May 2013

Welcome to your Tuscan Estate! Nestled in the highly sought after, guard gated Enclaves community. Stunning panoramic ocean and mountain views. This recently remodeled home has all the amenities of a private resort, the comforts of a masterfully crafted home, and the luxury most only dream of. Boasting five bedrooms and five bathrooms, this home features a chef's kitchen with custom aged cabinetry, exquisite wood floors, and carefully picked appointments that showcase the home's superiority over anything else you may see. Sitting on approximately a half acre, the masterfully landscaped courtyard, leads you to your own private paradise, starting with your outdoor living space; then take a plunge in your natural rock-scape pool and jacuzzi, and finally warm up to the private fire-pit below, all with unparalleled views of the ocean. Hurry up, because this one will not last!

Last Agent to Sell the Property

Sunil Mehta

Laurus Realty License #01485497 Listed on: 05/02/2013

Last Buyer's Agent

Anthony Marguleas

Amalfi Estates License #01173073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,500

Year Built

  • Built in 2003

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 5,303 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 5 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 4431040013

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,500

Year Built

Built in 2003

Lot Details

0

HOA Fees

$667 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4431040013
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5303.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 584.57
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Ocean, Panoramic
  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 667.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 22528.00
  • Lot Size Acres: 0.5170

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22528.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 99
  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
May 9, 2013
Sold by
O Rhyan Capital Management Llc
Bought by
The Rei & Kelly Umekubo Family Trust
Seller's Agent
Sunil Mehta
Laurus Realty
Buyer's Agent
Anthony Marguleas
Amalfi Estates
List Price
$3,399,000
Sold Price
$3,100,000
Premium/Discount to List
-$299,000
-8.8%
Current Estimated Value
$3,997,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$897,312
Avg. Annual Appreciation
2.60%
Original Mortgage
$1,600,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Boggs Richard
Bought by
O Rhyan Capital Management Llc

Purchase Details

Closed on
Jul 24, 2007
Sold by
Boggs Kelli Lin
Bought by
Boggs Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,919,620
Interest Rate
7.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 15, 2006
Sold by
Koskin Ernest and Dontsova Yelena
Bought by
Boggs Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,919,620
Interest Rate
7.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 11, 2003
Sold by
California Coast Homes Llc
Bought by
Koskin Ernest and Dontsova Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
The Rei & Kelly Umekubo Family Trust $3,100,000 Ticor Title
O Rhyan Capital Management Llc -- Ticor Title
Boggs Richard -- Investors Title Company
Boggs Richard -- Investors Title Company Gln
Koskin Ernest $2,250,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umekubo Rei $1,402,000
Closed The Rei & Kelly Umekubo Family Trust $1,600,000
Previous Owner Boggs Richard $2,919,620
Previous Owner Boggs Richard $2,919,620
Previous Owner Koskin Ernest $1,462,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $3,100,000 -8.8% $585 / Sq Ft
05/02/2013 05/02/13 Price Changed $3,399,000 0.0% $641 / Sq Ft
05/02/2013 05/02/13 For Sale $3,399,000 +6.3% $641 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
03/06/2013 03/06/13 Pending -- -- --
02/26/2013 02/26/13 Price Changed $3,199,000 -3.0% $603 / Sq Ft
02/22/2013 02/22/13 For Sale $3,299,000 -- $622 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $45,500 $3,577,779 $2,014,636 $1,563,143
2024 $45,500 $3,742,566 $2,194,593 $1,547,973
2023 $44,613 $3,669,183 $2,151,562 $1,517,621
2022 $42,529 $3,597,239 $2,109,375 $1,487,864
2021 $42,004 $3,526,706 $2,068,015 $1,458,691
2019 $40,738 $3,422,104 $2,006,678 $1,415,426
2018 $40,552 $3,355,005 $1,967,332 $1,387,673
2016 $38,779 $3,224,728 $1,890,939 $1,333,789
2015 $38,206 $3,176,291 $1,862,536 $1,313,755
2014 $38,321 $3,114,073 $1,826,052 $1,288,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13029324

California Regional Multiple Listing Service (CRMLS)

APN: 4431-040-013