NOT LISTED FOR SALE

16776 Calle de Marisa Pacific Palisades, CA 90272

Estimated Value: $2,038,000 - $2,432,154

5 Beds
4 Baths
3,289 Sq Ft
$674/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $1,800,000 $547 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,446/month

7 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Art Studio
  • Wood Flooring
  • Built-In Features

About This Home

As of May 2014

Located in the Palisades Highlands, this gated 5 bedroom 4 bath house is a perfect gem. The home has a superb layout with an open floor plan; the Limestone tiled entrance opens to a 2 story foyer with sweeping staircase then flows from living room to family room to kitchen. A remodeled, beautifully appointed, cook's kitchen with breakfast bar is the highlight of the downstairs family living. Features in the kitchen include Caesarstone countertops, farmhouse sink, stainless steel appliances, limestone floor tiling, built in amenities such as a under counter microwave and wine refrigerator. Hardwood floors throughout the first floor and upstairs hallway. Crown moldings. Built in bookcases in the master bedroom. Views of the ocean and the Santa Monica mountains. A beautifully landscaped dining patio opens from the family room. The Summit Club, which includes a heated pool and spa, gym, tennis courts, meeting and party facilities, sports court and children's playground is steps away.

Last Agent to Sell the Property

Jonathan Ruiz

The Agency License #01886713 Listed on: 04/10/2014

The Agency

Co-Listed By

Paul Lester

The Agency License #01338925

Last Buyer's Agent

Missy Improta

eXp Realty of Greater Los Angeles License #01265975

eXp Realty of Greater Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,555

Year Built

  • Built in 1996

Lot Details

  • 9,757 Sq Ft Lot
  • Property is zoned LARD3

Property Views

  • Ocean
  • Mountain
  • Park or Greenbelt

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,289 Sq Ft Home
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Art Studio

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4431-042-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,555

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 3289
  • Year Built: 1996
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Mixed, Tile
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 516.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Green Belt, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4431-042-034
  • Geocode Override: No
  • Lot Size Area: 9757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2018
Sold by
Gavsie James A and Davis Roxanne A
Bought by
Sassoon Elias K and Sassoon Shirley M
Current Estimated Value
$2,216,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$1,444,794
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$828,591

Purchase Details

Closed on
Oct 9, 2015
Sold by
Davis Roxanne A
Bought by
Gavsiedavis Living Trust

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 29, 2014
Sold by
Gavsie James A
Bought by
Davis Roxanne A
Seller's Agent
Jonathan Ruiz
The Agency
Buyer's Agent
Missy Improta
eXp Realty of Greater Los Angeles
List Price
$1,699,000
Sold Price
$1,800,000
Premium/Discount to List
$101,000
5.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$1,400,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 10, 2014
Closed on
Apr 24, 2014
Sold by
Miller Bradley S
Bought by
Davis Roxanne A
Seller's Agent
Jonathan Ruiz
The Agency
Buyer's Agent
Missy Improta
eXp Realty of Greater Los Angeles
List Price
$1,699,000
Sold Price
$1,800,000
Premium/Discount to List
$101,000
5.94%

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
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 9, 2009
Sold by
Graf Thomas M and Graf Gloria S
Bought by
Miller Bradley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,125
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2007
Sold by
Graf Thomas M and Graf Gloria S
Bought by
Graf Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,436,250
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2005
Sold by
Graf Thomas M and Graf Gloria S
Bought by
Graf Thomas M

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
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 29, 2005
Sold by
Graf Thomas M and Graf Gloria S
Bought by
Graf Thomas M

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
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 8, 2002
Sold by
Graf Thomas M and Graf Gloria S
Bought by
Graf Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.62%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Jakob Richard Charles
Bought by
Graf Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.62%

Purchase Details

Closed on
Jun 19, 1996
Sold by
Seascapes Highlands Partners
Bought by
Jakob Richard Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
7.75%
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
Sassoon Elias K $2,221,000 Equity Title Company
Gavsiedavis Living Trust -- None Available
Davis Roxanne A -- Equity Title Company
Davis Roxanne A $1,800,018 Equity Title Company
Miller Bradley S -- Equity Title Company
Graf Thomas M -- Accommodation
Graf Thomas M -- Fidelity Van Nuys
Graf Thomas M -- --
Graf Thomas M -- Progressive Title
Graf Thomas M -- American Coast Title
Graf Thomas M -- Commonwealth Land Title Co
Jakob Richard Charles $680,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sassoon Elias K $1,650,000
Previous Owner Davis Roxanne A $1,400,000
Previous Owner Davis Roxanne A $1,400,000
Previous Owner Miller Bradley S $975,000
Previous Owner Miller Bradley S $991,000
Previous Owner Miller Bradley S $1,000,000
Previous Owner Miller Bradley S $177,500
Previous Owner Miller Bradley S $1,102,125
Previous Owner Graf Thomas M $1,436,250
Previous Owner Graf Thomas M $125,000
Previous Owner Graf Thomas M $1,000,000
Previous Owner Graf Thomas M $775,000
Previous Owner Graf Thomas M $100,000
Previous Owner Graf Thomas M $708,500
Previous Owner Graf Thomas M $700,000
Previous Owner Graf Thomas M $600,000
Previous Owner Jakob Richard Charles $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $1,800,000 +5.9% $547 / Sq Ft
04/10/2014 04/10/14 For Sale $1,699,000 -- $517 / 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 $29,555 $2,363,594 $891,922 $1,471,672
2024 $29,555 $2,428,983 $971,593 $1,457,390
2023 $28,980 $2,381,357 $952,543 $1,428,814
2022 $27,628 $2,334,665 $933,866 $1,400,799
2021 $27,288 $2,288,888 $915,555 $1,373,333
2020 $27,570 $2,265,420 $906,168 $1,359,252
2019 $26,465 $2,221,000 $888,400 $1,332,600
2018 $23,575 $1,939,262 $1,508,316 $430,946
2016 $22,620 $1,863,961 $1,449,748 $414,213
2015 $22,289 $1,835,964 $1,427,972 $407,992
2014 $19,191 $1,547,369 $1,052,991 $494,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-751219

The MLS

APN: 4431-042-034