NOT LISTED FOR SALE

17614 Posetano Rd Pacific Palisades, CA 90272

Estimated Value: $1,726,000 - $3,819,000

2 Beds
2 Baths
1,967 Sq Ft
$1,344/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $2,077,000 $1,056 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $16,984/month

59 Days on Market

Highlights

  • White Water Ocean Views
  • Living Room with Fireplace
  • Wood Flooring
  • Sound Studio
  • Traditional Architecture
  • Furnished

About This Home

As of August 2016

First time on market in over 50 years! One of a kind property is perched above PCH in seaside neighborhood of Castellamare, reminiscent of Amalfi Coast in Italy with spectacular whitewater ocean views just steps to sand. Breathtaking, unobstructed views of Pacific Catalina Island, Malibu & Palos Verde Pennisula in peaceful & tranquil Pacific Palisades neighborhood. Currently main level has two bedrooms and one bath with excellent natural light, large living room hardwood floors with the kitchen overlooking the Pacific. Lower level can be blocked off with one bedroom and bath, kitchenette with an additional sound proof music room. Fireplace on each floor. Living area opens to a garden, sitting area, and patio with ocean views. Street to street lot. Easy access to the beach - which is just across PCH over the "People Bridge". Minutes away from the Palisades Village, Malibu and Santa Monica. Endless possibilities to move-in, use it as a rental property or build your ultimate dream home!

Last Agent to Sell the Property

Oliver Mossi

Sotheby's International Realty License #01735335 Listed on: 05/13/2016

Sotheby's International Realty

Last Buyer's Agent

Narbeh Khachian

License #01866954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,696

Year Built

  • Built in 1957

Lot Details

  • 3,787 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Covered Spaces

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,967 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sound Studio
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4416-012-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,696

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1967
  • Probate: Yes
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: On Upper Level
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1080.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4416-012-020
  • Geocode Override: No
  • Lot Size Area: 3787

Rental Info

  • Court Approve: No
  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2017
Sold by
Petrosyan Ara
Bought by
Petrosyan Ara and The Dergena Trust
Current Estimated Value
$2,665,349

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 12, 2016
Sold by
Brinser Monica
Bought by
Petrosyan Ara
Seller's Agent
Oliver Mossi
Sotheby's International Realty
Buyer's Agent
Narbeh Khachian
List Price
$2,125,000
Sold Price
$2,077,000
Premium/Discount to List
-$48,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$1,660,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Petrosyan Ara -- None Available
Petrosyan Ara $2,077,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dergena Trust $2,208,000
Closed Petrosyan Ara $1,660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $2,077,000 -2.3% $1,056 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $2,125,000 +2.3% $1,080 / Sq Ft
07/06/2016 07/06/16 Off Market $2,077,000 -- --
06/10/2016 06/10/16 Price Changed $2,125,000 -2.3% $1,080 / Sq Ft
05/13/2016 05/13/16 For Sale $2,175,000 -- $1,106 / 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 $28,696 $2,410,529 $2,205,110 $205,419
2024 $28,696 $2,363,265 $2,161,873 $201,392
2023 $28,137 $2,316,928 $2,119,484 $197,444
2022 $26,821 $2,271,499 $2,077,926 $193,573
2021 $26,500 $2,226,961 $2,037,183 $189,778
2019 $25,701 $2,160,910 $1,976,760 $184,150
2018 $25,625 $2,118,540 $1,938,000 $180,540
2016 $26,478 $2,200,000 $2,000,000 $200,000
2015 $1,452 $107,253 $57,912 $49,341
2014 $1,465 $105,153 $56,778 $48,375
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2016

    Oliver Mossi

    Sotheby's International Realty

    Section Image

  • N

    Buyer's Agent in 2016

    Narbeh Khachian

See All Agents

Map

Source: The MLS

MLS Number: 16-125006

The MLS

APN: 4416-012-020

California Los Angeles County Pacific Palisades 90272

17614 Posetano Rd, Pacific Palisades, CA

This home is located at 17614 Posetano Rd, Pacific Palisades, CA 90272 since 13 May 2016 and is currently estimated at $2,642,849, approximately $1,343 per square foot. This property was built in 1957. 17614 Posetano Rd is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter High, and Westside Waldorf School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes