NOT LISTED FOR SALE

17822 Porto Marina Way Pacific Palisades, CA 90272

Estimated Value: $3,055,000 - $3,595,740

3 Beds
3 Baths
2,312 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $3,933,405 $1,701 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $22,781/month

63 Days on Market

Highlights

  • Ocean View
  • Bluff on Lot
  • Cathedral Ceiling
  • 24-Hour Security
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of January 2022

Also for lease short or long term. Absolutely Awesome, unobstructed ocean view home, across the street from the beach. This is just an amazingly unique home, with an artistic flare. A colorful, light and bright contemporary gem. The sun rise views and set as most every room opens to one of several balconies. Located in the stunning Costellemare area, this 2 story home has 4 beds, 3 baths, living room, downstairs family room, 2 car garage. Most rooms have top to bottom walls of glass ocean view windows. High ceilings, hardwood floors, circular fireplace in the living room. Great location as this house is on a hillside facing the ocean, mins from the beach and to the center of the Palisades, located, between Malibu and Santa Monica. Seller will sell furnished if buyer wants.

Last Agent to Sell the Property

Susan Diamond

Coldwell Banker Realty License #01156293 Listed on: 09/28/2021

Coldwell Banker Realty

Last Buyer's Agent

Paul Ferreccio

License #01099719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,395

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 3,859 Sq Ft Lot
  • Lot Dimensions are 50x76
  • Bluff on Lot
  • Hillside Location
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights in Kitchen
  • Free Standing Fireplace
  • Double Pane Windows
  • French Doors
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4416-013-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,395

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 2312
  • Lot Acreage: 0.0886
  • Lot Dimensions: 50x76
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1966
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Living Room Balcony
  • Fireplace Rooms: Living Room, Free Standing
  • Flooring: Hardwood, Carpet
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Remodeled, Skylight(s), Stone Counters, Island
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1838.24
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony, French Doors
  • Other Structures: None
  • Patio: Balcony, Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, On street
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4416-013-019
  • Lot Location: Bluff Front, Hillside
  • Lot Size Area: 3859

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Jan 7, 2022
Sold by
Linden & Main Llc
Bought by
Ferrari Horacio M Weschler
Seller's Agent
Susan Diamond
Coldwell Banker Realty
Buyer's Agent
Paul Ferreccio
List Price
$4,250,000
Sold Price
$3,933,405
Premium/Discount to List
-$316,595
-7.45%
Current Estimated Value
$3,425,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$507,825
Avg. Annual Appreciation
-4.70%
Original Mortgage
$2,875,000
Outstanding Balance
$2,664,109
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$650,138

Purchase Details

Closed on
Dec 30, 2009
Sold by
Thomas Joann and Paul F Thomas Family Trust
Bought by
Linden & Main Llc

Purchase Details

Closed on
May 8, 2008
Sold by
Thomas Joann
Bought by
Thomas Scott and Mcguinness Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2006
Sold by
Thomas Joann
Bought by
Thomas Scott and Mcguinness Kelly

Purchase Details

Closed on
Apr 6, 2004
Sold by
The Paul F Thomas Family Trust
Bought by
Thomas Joann

Purchase Details

Closed on
Mar 21, 1994
Sold by
Thomas Paul Franklin and Thomas Fleeta Joann
Bought by
Thomas Paul F and Thomas Joann
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
Ferrari Horacio M Weschler $3,933,500 Equity Title
Linden & Main Llc $2,000,000 Fidelity National Title Co
Thomas Scott -- None Available
Thomas Joann -- None Available
Thomas Scott -- None Available
Thomas Joann -- None Available
Thomas Joann -- None Available
Thomas Paul F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Horacio M Weschler $2,875,000
Previous Owner Thomas Joann $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $3,933,405 +25276.8% $1,701 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/27/2021 10/27/21 Rented $15,500 0.0% --
09/28/2021 09/28/21 For Sale $4,250,000 0.0% $1,838 / Sq Ft
12/10/2020 12/10/20 For Rent $15,500 -- --
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 $49,395 $3,826,791 $3,056,279 $770,512
2024 $49,395 $4,092,314 $3,329,280 $763,034
2023 $48,425 $4,012,073 $3,264,000 $748,073
2022 $28,740 $2,432,738 $2,067,831 $364,907
2021 $28,395 $2,385,038 $2,027,286 $357,752
2019 $27,539 $2,314,298 $1,967,156 $347,142
2018 $27,453 $2,268,921 $1,928,585 $340,336
2016 $26,273 $2,180,818 $1,853,697 $327,121
2015 $25,886 $2,148,061 $1,825,853 $322,208
2014 $25,958 $2,105,985 $1,790,088 $315,897
Source: Public Records

Agents Affiliated with this Home

  • Susan Diamond

    Seller's Agent in 2022

    Susan Diamond

    Coldwell Banker Realty

    (310) 456-3638

    1 in this area

    10 Total Sales

    Section Image

  • P

    Buyer's Agent in 2022

    Paul Ferreccio

  • J

    Buyer Co-Listing Agent in 2022

    Joan Louis

See All Agents

Map

Source: The MLS

MLS Number: 21-786834

The MLS

APN: 4416-013-019

California Los Angeles County Pacific Palisades 90272

17822 Porto Marina Way, Pacific Palisades, CA

This home is located at 17822 Porto Marina Way, Pacific Palisades, CA 90272 since 28 September 2021 and is currently estimated at $3,314,247, approximately $1,433 per square foot. This property was built in 1966. 17822 Porto Marina Way is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter High, and Westside Waldorf School.

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