NOT LISTED FOR SALE

17734 Porto Marina Way Pacific Palisades, CA 90272

Estimated Value: $2,152,000 - $2,504,000

2 Beds
2 Baths
1,189 Sq Ft
$1,979/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $1,250,000 $1,051 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $14,353/month

102 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Central Heating and Cooling System
  • Midcentury Modern Architecture
  • Living Room
  • Ceiling Fan

About This Home

As of June 2013

Beautifully renovated 2 bedroom, 2 bath beach bungalow with breathtaking head-on ocean views and a 2 minute stroll to the sand. This light and bright mid-century property features a gated courtyard entry, newer kitchen with granite counters and Viking/Thermador appliances, Kohler baths with slate flooring, glass shower enclosures and tasteful tile work, hardwood floors throughout, fireplace, vaulted ceilings, upgraded windows and blinds, frosted glass interior doors, a large viewing deck, 2-car garage and more. A fantastic turnkey opportunity in a great location just North of Sunset and above the PCH.

Last Agent to Sell the Property

Corey Nelson

Robust Real Estate License #01462372 Listed on: 02/18/2013

Last Buyer's Agent

Jacqueline Chernov

The Beverly Hills Estates License #01361435

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,381

Year Built

  • Built in 1952

Lot Details

  • 6,172 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Wood Flooring
  • Ocean Views
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4416-013-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,381

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1189
  • Stories: 1
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood
  • Flooring: Hardwood
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1092.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4416-013-024
  • Geocode Override: No
  • Lot Size Area: 6172

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2013
Closed on
Jun 7, 2013
Sold by
Schur Daniel C and The Daniel C Schnur 2006 Manag
Bought by
Shao Maogang and Zhu Xiahong S
Seller's Agent
Corey Nelson
Robust Real Estate
Buyer's Agent
Jacqueline Chernov
The Beverly Hills Estates
List Price
$1,485,000
Sold Price
$1,250,000
Premium/Discount to List
-$235,000
-15.82%
Current Estimated Value
$2,352,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,102,968
Avg. Annual Appreciation
5.35%
Original Mortgage
$300,000
Outstanding Balance
$205,254
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,147,714

Purchase Details

Closed on
May 22, 2007
Sold by
Schnur Daniel
Bought by
Berkowitz Nathan L and The Daniel C Schnur 2006 Manag

Purchase Details

Closed on
Oct 20, 2004
Sold by
Bella Villas Llc
Bought by
Schnur Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2004
Sold by
Graves Kriste L
Bought by
Bella Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Thomas Joann and Paul F Thomas Family Trust
Bought by
Graves Kriste L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1994
Sold by
Thomas Paul and Thomas Joann
Bought by
Thomas Paul F and Thomas Joann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shao Maogang $1,250,000 Lawyers Title
Berkowitz Nathan L -- None Available
Schnur Daniel $1,545,000 First American Title Company
Bella Villas Llc -- --
Graves Kriste L -- First American Title Co
Thomas Paul F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shao Maogang $300,000
Previous Owner Schnur Daniel C $1,201,082
Previous Owner Schnur Daniel $1,200,000
Previous Owner Graves Kriste L $1,120,000
Closed Graves Kriste L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $1,250,000 -3.8% $1,051 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
04/30/2013 04/30/13 Price Changed $1,299,000 -12.5% $1,093 / Sq Ft
02/18/2013 02/18/13 For Sale $1,485,000 -- $1,249 / 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 $18,381 $800,426 $800,426 --
2024 $18,381 $1,509,094 $1,207,278 $301,816
2023 $18,025 $1,479,505 $1,183,606 $295,899
2022 $17,187 $1,450,497 $1,160,399 $290,098
2021 $16,981 $1,422,057 $1,137,647 $284,410
2019 $16,471 $1,379,879 $1,103,904 $275,975
2018 $16,393 $1,352,823 $1,082,259 $270,564
2016 $15,693 $1,300,293 $1,040,235 $260,058
2015 $14,714 $1,218,000 $1,060,000 $158,000
2014 $15,135 $1,218,000 $1,060,000 $158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-652635

The MLS

APN: 4416-013-024