NOT LISTED FOR SALE

16771 Monte Hermoso Dr Pacific Palisades, CA 90272

Estimated Value: $2,220,000 - $4,403,000

4 Beds
3.5 Baths
3,620 Sq Ft
$902/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $2,995,000 $827 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $20,993/month

1 Day on Market

Highlights

  • Tennis Courts
  • Gourmet Kitchen
  • Mountain View
  • Heated In Ground Pool
  • 21,586 Sq Ft lot
  • Family Room with Fireplace

About This Home

As of March 2022

Classic traditional home in desirable Palisades Hills neighborhood designed for grand entertaining as well as everyday living. Welcoming sun-filled two-story center hall, vaulted living and large dining room all flow to gourmet kitchen with Viking and Subzero appliances, breakfast room and butler's pantry. Family room opens to grassy backyard. Classic finishes throughout. 220 Volt outlet in driveway. Community pool and tennis courts.

Last Agent to Sell the Property

Jonathan Cates

Berkshire Hathaway HomeServices California Properties License #01915688 Listed on: 02/01/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Anthony Marguleas

Amalfi Estates License #01173073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,989

Year Built

  • Built in 1987

Lot Details

  • 0.5 Acre Lot
  • Sprinkler System
  • Property is zoned LARE15

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,620 Sq Ft Home
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Shutters
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Center Hall
  • Mountain Views
  • Intercom

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4431-029-017

Community Details

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Service Entrance
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,989

Year Built

Built in 1987

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Classic traditional home in desirable Palisades Hills neighborhood designed for grand entertaining as well as everyday living. Welcoming sun-filled two-story center hall, vaulted living and large dining room all flow to gourmet kitchen with Viking and Subzero appliances, breakfast room and butler's pantry. Family room opens to grassy backyard. Classic finishes throughout. 220 Volt outlet in driveway. Community pool and tennis courts.
  • Entry Location: Foyer
  • Exclusions: breakfast room chandelier
  • Living Area: 3620
  • Year Built: 1987
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings
  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Hardwood, Stone
  • Appliances: Oven, Microwave, Cooktop - Gas
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Intercom, Microwave, Range/Oven, Refrigerator, Washer, Water Filter, Water Line to Refrigerator
  • Price Per S Q F T: 842.54
  • Windows: Window Shutters

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • Roof: Concrete, Tile
  • Spa: Community, Heated
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Covered Parking, Direct Entrance, Door Opener, Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: Community
  • Sewer: In Street

Association/Amenities

  • Amenities: Tennis Courts, Pool, Spa

Condo/Co-op/Association

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

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4431-029-017
  • Lot Size Area: 21586

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 3, 2022
Sold by
Jonathan And Elena Cates Family Trust
Bought by
Udko Jordan Louis and Udko Kimberly Ayr
Seller's Agent
Jonathan Cates
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Anthony Marguleas
Amalfi Estates
List Price
$3,050,000
Sold Price
$2,995,000
Premium/Discount to List
-$55,000
-1.8%
Current Estimated Value
$3,266,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,244
Avg. Annual Appreciation
0.11%
Original Mortgage
$2,246,250
Outstanding Balance
$2,094,114
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$912,797

Purchase Details

Closed on
Oct 21, 1999
Sold by
Cates Jonathan M and Cates Elena A
Bought by
Cates Jonathan M

Purchase Details

Closed on
Feb 24, 1997
Sold by
Fisher Kenneth W and Fisher Jan
Bought by
Cates Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.98%

Purchase Details

Closed on
Apr 7, 1995
Sold by
Bernardi Barry and Bernardi Robin
Bought by
Fisher Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,700
Interest Rate
5.37%

Purchase Details

Closed on
Dec 21, 1993
Sold by
Bernardi Barry
Bought by
Bernardi Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.5%

Purchase Details

Closed on
Dec 17, 1993
Sold by
Bernardi Robin
Bought by
Bernardi Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Udko Jordan Louis $2,995,000 California Title Company
Cates Jonathan M -- --
Cates Jonathan M $1,288,636 Equity Title Company
Fisher Kenneth M $846,500 First American Title Company
Bernardi Barry -- --
Bernardi Barry -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Udko Jordan Louis $2,246,250
Previous Owner Cates Jonathan M $200,000
Previous Owner Cates Jonathan M $100,000
Previous Owner Cates Jonathan M $100,000
Previous Owner Cates Jonathan M $550,000
Previous Owner Cates Jonathan M $560,000
Previous Owner Fisher Kenneth M $634,700
Previous Owner Bernardi Barry $665,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $2,995,000 -1.8% $827 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $3,050,000 0.0% $843 / Sq Ft
11/01/2021 11/01/21 Rented $13,000 +4.0% --
09/16/2021 09/16/21 For Rent $12,500 -- --
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 $37,989 $1,448,549 $1,448,549 --
2024 $37,989 $3,115,998 $2,184,840 $931,158
2023 $37,251 $3,054,900 $2,142,000 $912,900
2022 $17,429 $1,450,337 $1,160,276 $290,061
2021 $17,205 $1,421,900 $1,137,526 $284,374
2019 $16,692 $1,379,729 $1,103,788 $275,941
2018 $16,602 $1,352,677 $1,082,146 $270,531
2016 $15,865 $1,300,153 $1,040,126 $260,027
2015 $15,634 $1,280,625 $1,024,503 $256,122
2014 $15,689 $1,255,540 $1,004,435 $251,105
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-123431

The MLS

APN: 4431-029-017