NOT LISTED FOR SALE

224 Tranquillo Rd Pacific Palisades, CA 90272

Estimated Value: $3,009,648 - $3,511,000

2 Beds
2 Baths
2,124 Sq Ft
$1,544/Sq Ft Est. Value

Last Sold November 16, 2012

Last sale price $1,575,000 $742 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $20,441/month

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Traditional Architecture
  • Fiberglass Spa
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of November 2012

Perched in the Palisades this beautiful ocean and mountain view home provides the perfect relaxing atmosphere to escape into. This home has lots of natural light and a terrific open floor plan perfect for entertaining. There is the possibility of a third bedroom with full ocean views. The Large den has a three-sided fireplace that wraps around to the kitchen. The Living room has a wood burning limestone fireplace and spectacular ocean views. Cozy master bedroom with fireplace, dressing room and lots of closet space. The backyard has lush landscaping and a Sundance spa to relax in. This home has a new roof, paint, carpet, hardwood floors, full air conditioning, over-sized water heater, crown moldings throughout, plantation shutters, recessed lighting, double door entry, covered patio with slate floor, eat in kitchen, 2 car garage with lots of cabinets and storage and more.

Last Listed By

Simon Mills

Mills Realty of California License #01309436 Listed on: 10/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,944

Year Built

  • Built in 1956

Lot Details

  • 6,821 Sq Ft Lot
  • Sprinklers Throughout Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,124 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Shutters
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Dressing Area
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Fiberglass Spa
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 8923
  • Assessor Parcel Number 4416026037

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,944

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Sterling
  • Other Phone Number: 310-455-3311
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4416026037
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2124.00
  • Interior Amenities: Built-in Features, Crown Molding, Wired for Data, Recessed Lighting, Storage, Tile Counters
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Nook, In Family Room
  • Fireplace Features: Gas, Kitchen, Living Room, Master Bedroom, Wood Burning
  • Levels: One
  • Price Per Square Foot: 741.53
  • Room Type: Dressing Area, Living Room, Master Suite
  • Spa Features: Fiberglass
  • Window Features: Blinds, Shutters

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Ocean, Panoramic, White Water
  • Patio And Porch Features: Covered, Stone
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Counter Top, Dishwasher, Gas Cooking, Disposal, Range Hood, Microwave, Oven
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 6821.00
  • Lot Size Acres: 0.1570

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6821.0000 Square Feet

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 8923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2012
Closed on
Nov 6, 2012
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling
Seller's Agent
Simon Mills
Mills Realty of California
Sold Price
$1,575,000
Total Days on Market
0
Current Estimated Value
$3,280,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,705,412
Avg. Annual Appreciation
6.03%
Original Mortgage
$220,000
Outstanding Balance
$153,834
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$3,126,578

Purchase Details

Listed on
Oct 3, 2012
Closed on
Nov 2, 2012
Sold by
Nelson Jon Sterling
Bought by
Huntington Daniel C and Huntington Rosalie F
Seller's Agent
Simon Mills
Mills Realty of California
Sold Price
$1,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$153,834
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$3,126,578

Purchase Details

Closed on
Feb 1, 2011
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Mar 26, 2010
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Feb 6, 2009
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Feb 3, 2009
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Feb 5, 2008
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Dec 4, 2007
Sold by
Nelson Jon Sterling
Bought by
Nelson Jon Sterling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
Nelson Sterling
Bought by
Smith Psyche D and Psyche Smith Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2006
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Sep 7, 2005
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Dec 29, 2004
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Dec 16, 2003
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Oct 24, 2002
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Apr 4, 2001
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Dec 27, 2000
Sold by
Smith Psyche D Tr
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Feb 2, 1999
Sold by
Smith Psyche D Tr Psyche D Smith Trust
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Dec 16, 1998
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling

Purchase Details

Closed on
Dec 31, 1996
Sold by
Smith Psyche D
Bought by
Nelson Jon Sterling
Source: Public Records

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Range of Values:

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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
Nelson Jon Sterling -- Calcounties Title Nation
Huntington Daniel C $1,575,015 Cal Counties Title Nation
Nelson Jon Sterling -- None Available
Nelson Jon Sterling -- None Available
Nelson Jon Sterling -- None Available
Nelson Jon Sterling -- None Available
Nelson Jon Sterling -- None Available
Nelson Jon Sterling -- Ticor Title
Smith Psyche D -- Ticor Title
Nelson Sterling -- Ticor Title
Nelson Jon Sterling -- None Available
Nelson Jon Sterling -- None Available
Nelson Jon Sterling -- --
Nelson Jon Sterling -- --
Nelson Jon Sterling -- --
Nelson Jon Sterling -- --
Nelson Jon Sterling -- --
Nelson Jon Sterling -- --
Nelson Jon Sterling -- --
Nelson Jon Sterling -- --
Smith Psyche D -- --
Nelson Jon Sterling -- --
Smith Psyche D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huntington Daniel C $220,000
Previous Owner Nelson Sterling $400,000
Previous Owner Smith Psyche D $50,000
Previous Owner Smith Psyche D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2012 11/16/12 Sold $1,575,000 -- $742 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $24,944 $2,049,572 $1,690,193 $359,379
2023 $24,459 $2,009,385 $1,657,052 $352,333
2022 $23,318 $1,969,986 $1,624,561 $345,425
2021 $23,034 $1,931,359 $1,592,707 $338,652
2019 $22,341 $1,874,075 $1,545,467 $328,608
2018 $22,237 $1,837,329 $1,515,164 $322,165
2016 $21,275 $1,765,985 $1,456,329 $309,656
2015 $20,961 $1,739,459 $1,434,454 $305,005
2014 $19,941 $1,617,150 $1,406,356 $210,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12118697

California Regional Multiple Listing Service (CRMLS)

APN: 4416-026-037