NOT LISTED FOR SALE

17719 Posetano Rd Pacific Palisades, CA 90272

Estimated Value: $2,755,000 - $4,618,000

3 Beds
2.5 Baths
2,622 Sq Ft
$1,414/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $4,002,000 $1,526 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $23,855/month

8 Days on Market

Highlights

  • White Water Ocean Views
  • Contemporary Architecture
  • Steam Shower
  • Above Ground Spa
  • Wood Flooring
  • Great Room

About This Home

As of June 2022

This spectacular, Coastal contemporary is situated in the highly desired enclave known as Castellammare, & maximizes the extraordinary, unobstructed coastline views stretching from Palos Verdes to Point Dume. The property has warm overtones embellished by wood, stacked stone & a terrific energy. The property features an open great room, pocket doors, breakfast bar, dining area, custom wood cabinetry, Viking appliances & Caesar stone countertops. Two bedrooms and a shared bath compose the lower level of the home. The top floor is comprised of the owner's bedroom and bathroom suite with walk in closet, fantastic ocean views, steam shower and a free standing tub which provide a haven to sooth the soul. The top level is a jaw dropping enormous roof top deck that features expansive & stunning ocean views, infinity spa, built in BBQ & dining area. The ultimate luxury and conveniences is the vacuum elevator that runs the height of the house from the garage to the roof top deck.

Last Agent to Sell the Property

Judy Orsini

Compass License #01206452 Listed on: 05/16/2022

Compass

Co-Listed By

adrian grant

Beverly and Company, Inc. License #00917461

Last Buyer's Agent

Nicholas Pirzada

The Agency License #02115027

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,309

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • 3,892 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 2,622 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Awning
  • Blinds
  • Great Room
  • Living Room
  • Breakfast Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • Steam Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Spa
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4416-020-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,309

Year Built

Built in 2013 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Main Level
  • Living Area: 2622
  • Lot Acreage: 0.0893
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 2013
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Mixed
  • Appliances: Cooktop - Gas, Microwave, Oven, Built-Ins
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Quartz Counters
  • Laundry: Laundry Area, Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Elevator, Garbage Disposal, Microwave, Refrigerator, Washer
  • Inclusions: All roof top deck furnishings and accessories. Potted Plants
  • Price Per S Q F T: 1524.03
  • Windows: Awning, Window Blinds

Exterior Features

  • Other Features: Barbecue Private
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Awning
  • Pool: No
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: City Lights, Coastline, Mountains, Ocean, White Water, Catalina
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Prewired for alarm system, Smoke Detector
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4416-020-027
  • Lot Size Area: 3892

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
May 25, 2022
Sold by
Joseph King Patrick
Bought by
Jules Gilbert Buenabenta Family Trust
Seller's Agent
Judy Orsini
Compass
Buyer's Agent
Nicholas Pirzada
The Agency
List Price
$3,995,995
Sold Price
$4,002,000
Premium/Discount to List
$6,005
0.15%
Current Estimated Value
$3,708,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$293,237
Avg. Annual Appreciation
-3.57%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Cohen Sigalit Gadasi
Bought by
King Patrick Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
Cohen Eli
Bought by
Cohen Sigalit Gadasi

Purchase Details

Closed on
Feb 22, 2011
Sold by
The Jim & Margie Nazemi Family Trust
Bought by
Cohen Sigalit Gadasi

Purchase Details

Closed on
Sep 7, 2010
Sold by
Tehranchi Johnny
Bought by
The Jim & Margie Nazemi Family Trust

Purchase Details

Closed on
Nov 30, 2009
Sold by
Cirillo Joe and Entrust Of Idaho
Bought by
Tehranchi Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 11, 2008
Sold by
Cirillo Joe and Entrust Of Idaho
Bought by
Cirillo Joe and Entrust Of Idaho

Purchase Details

Closed on
Jun 29, 2006
Sold by
17713 Posetano Llc
Bought by
Entrust Of Idaho and Joe Cirillo Ira

Purchase Details

Closed on
Nov 9, 2005
Sold by
Lataif Mary Anne
Bought by
17713 Posetano Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
Kusyk Robert A and Casey Kerrigan D
Bought by
Lataif Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.93%
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
Jules Gilbert Buenabenta Family Trust $4,002,000 Lawyers Title
King Patrick Joseph $2,715,027 Usa National Title Ins Co
Cohen Sigalit Gadasi -- Fidelity National Title
Cohen Sigalit Gadasi $150,000 Fidelity National Title
The Jim & Margie Nazemi Family Trust $197,061 None Available
Tehranchi Johnny -- Ortc
Cirillo Joe -- Fidelity National Title Co
Entrust Of Idaho $1,100,000 Fidelity National Title Co
17713 Posetano Llc -- Fidelity National Title Co
Lataif Mary Anne $675,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Patrick Joseph $1,890,000
Previous Owner Tehranchi Johnny $175,000
Previous Owner 17713 Posetano Llc $337,500
Previous Owner Lataif Mary Anne $337,500
Closed Jules Gilbert Buenabenta Family Trust $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $4,002,000 +0.2% $1,526 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $3,995,995 -- $1,524 / 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 $50,309 $3,937,059 $2,674,244 $1,262,815
2024 $50,309 $4,163,680 $2,913,120 $1,250,560
2023 $49,321 $4,082,040 $2,856,000 $1,226,040
2022 $37,078 $3,150,487 $2,088,722 $1,061,765
2021 $36,635 $3,088,714 $2,047,767 $1,040,947
2019 $35,527 $2,997,103 $1,987,030 $1,010,073
2018 $35,459 $2,938,337 $1,948,069 $990,268
2016 $33,937 $2,824,239 $1,872,424 $951,815
2015 $33,435 $2,781,817 $1,844,299 $937,518
2014 $33,525 $2,727,326 $1,808,172 $919,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-145803

The MLS

APN: 4416-020-027