242 Tranquillo Rd Pacific Palisades, CA 90272
3
Beds
3
Baths
2,153
Sq Ft
6,170
Sq Ft Lot
Highlights
- Ocean View
- Open Floorplan
- Contemporary Architecture
- Heated In Ground Pool
- Deck
- Wood Flooring
About This Home
As of February 2021Situated in the highly desired and coveted Castellammare area in Pacific Palisades, this Contemporary Beach House with spectacular ocean and coastal views is just blocks to the beach and hiking trails, and minutes from the Palisades Village, Santa Monica and Malibu. This open and airy 3 bed/3 bath home has glass sliding doors front and back allowing for seamless indoor/outdoor living with a new reverse osmosis pool and spa, outdoor living spaces, privacy hedges and beautiful modern landscaping. Main level comprises of the living areas, sun drenched front view facing dining room and breakfast areas, kitchen, bedroom/office/den & bath. Upper level has two ensuite beds/baths w/extra storage closets. The luxurious owners suite boasts whitewater views, a private balcony, large walk in closet and bath w/steam shower and spa tub. This one of a kind mid-century inspired home and its location are extraordinary, a unique opportunity to enjoy a private oasis, coastline views and gorgeous sunsets!
Last Agent to Sell the Property
Carolynn Cozen
Sotheby's International Realty License #01875180 Listed on: 12/11/2020
Last Buyer's Agent
Chelsea Gilson
Corcoran Global Living License #01950096
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,417
Year Built
- Built in 1954
Lot Details
- 6,170 Sq Ft Lot
- Lot Dimensions are 61x102
- Fenced Yard
- Gated Home
- Landscaped
- Back and Front Yard
- Property is zoned LAR1
HOA Fees
- $13 Monthly HOA Fees
Parking
- 2 Car Garage
Property Views
- Ocean
- Coastline
- Mountain
Home Design
- Contemporary Architecture
- Split Level Home
- Composition Roof
Interior Spaces
- 2,153 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Gas Fireplace
- French Doors
- Sliding Doors
- Living Room with Fireplace
- Dining Area
- Wood Flooring
- Security System Owned
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Marble Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Steam Shower
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- In Ground Spa
- Pool Cover
Outdoor Features
- Deck
- Open Patio
- Front Porch
Utilities
- Central Heating and Cooling System
- Water Purifier
- Water Conditioner
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 4416-026-034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2020
Closed on
Feb 12, 2021
Sold by
Gilson Chelsea
Bought by
Breliant Matthew Gregory
Seller's Agent
Carolynn Cozen
Sotheby's International Realty
Buyer's Agent
Chelsea Gilson
Corcoran Global Living
List Price
$2,895,000
Sold Price
$2,522,500
Premium/Discount to List
-$372,500
-12.87%
Total Days on Market
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,959
Avg. Annual Appreciation
5.06%
Original Mortgage
$1,765,750
Outstanding Balance
$1,595,936
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,520,190
Purchase Details
Listed on
Dec 11, 2020
Closed on
Feb 4, 2021
Sold by
Meyer William G and Meyer Claire D
Bought by
Breliant Matthew Gregory
Seller's Agent
Carolynn Cozen
Sotheby's International Realty
Buyer's Agent
Chelsea Gilson
Corcoran Global Living
List Price
$2,895,000
Sold Price
$2,522,500
Premium/Discount to List
-$372,500
-12.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,765,750
Outstanding Balance
$1,595,936
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,520,190
Purchase Details
Listed on
Apr 24, 2012
Closed on
May 3, 2012
Sold by
242 Tranquillo Drive Llc
Bought by
Meyer William G and Meyer Clarie D
Seller's Agent
Robert Radcliffe
Sotheby's International Realty
Buyer's Agent
Morgan Meyer
Compass
List Price
$1,495,000
Sold Price
$1,525,000
Premium/Discount to List
$30,000
2.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Purchase Details
Closed on
Dec 30, 2011
Sold by
Schiff Vicky L
Bought by
242 Tranquillo Drive Llc
Purchase Details
Closed on
Nov 20, 2009
Sold by
Bryant Shaun
Bought by
Schiff Vicky L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2009
Sold by
Schiff Vicky L
Bought by
Schiff Vicky L and The Vicky L Schiff Separate Property Tru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 17, 2004
Sold by
Schiff Vicky L
Bought by
Schiff Vicky L and The Vicky L Schiff Separate Property Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 28, 2003
Sold by
Schiff Vicky L
Bought by
Schiff Vicky L and The Vicky L Schiff Separate Property Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
5.37%
Purchase Details
Closed on
Feb 7, 2000
Sold by
Stoklos Alice A
Bought by
Schiff Vicky L and Vicky L Schiff Seperate Property Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.62%
Purchase Details
Closed on
Dec 1, 1999
Sold by
Stoklos Carrie Leigh
Bought by
Stoklos Randolph P
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Grant Deed | $2,522,500 | Lawyers Title Company | |
| Grant Deed | $1,525,000 | Chicago Title Company | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Equity Title Orange County-I | |
| Interfamily Deed Transfer | -- | Equity Title Orange County-I | |
| Interfamily Deed Transfer | -- | Equity Title Orange County-I | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | $910,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,765,750 | New Conventional | |
| Previous Owner | $250,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $705,000 | Purchase Money Mortgage | |
| Previous Owner | $705,000 | Unknown | |
| Previous Owner | $708,000 | No Value Available | |
| Previous Owner | $714,000 | Unknown | |
| Previous Owner | $700,000 | Unknown | |
| Previous Owner | $700,000 | No Value Available | |
| Closed | $100,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2021 02/17/21 | Sold | $2,522,500 | -4.8% | $1,172 / Sq Ft |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- |
| 01/13/2021 01/13/21 | Price Changed | $2,650,000 | -5.2% | $1,231 / Sq Ft |
| 01/08/2021 01/08/21 | Price Changed | $2,795,000 | -3.5% | $1,298 / Sq Ft |
| 01/05/2021 01/05/21 | For Sale | $2,895,000 | 0.0% | $1,345 / Sq Ft |
| 01/01/2021 01/01/21 | Pending | -- | -- | -- |
| 12/11/2020 12/11/20 | For Sale | $2,895,000 | +89.8% | $1,345 / Sq Ft |
| 05/14/2012 05/14/12 | Sold | $1,525,000 | +2.0% | $708 / Sq Ft |
| 04/24/2012 04/24/12 | For Sale | $1,495,000 | -- | $694 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $32,417 | $2,676,895 | $2,141,517 | $535,378 |
| 2023 | $31,783 | $2,624,408 | $2,099,527 | $524,881 |
| 2022 | $30,293 | $2,572,950 | $2,058,360 | $514,590 |
| 2021 | $21,652 | $1,817,855 | $1,415,688 | $402,167 |
| 2020 | $21,879 | $1,799,216 | $1,401,172 | $398,044 |
| 2019 | $21,000 | $1,763,939 | $1,373,699 | $390,240 |
| 2018 | $20,908 | $1,729,353 | $1,346,764 | $382,589 |
| 2016 | $19,483 | $1,618,084 | $1,294,468 | $323,616 |
| 2015 | $19,196 | $1,593,779 | $1,275,024 | $318,755 |
| 2014 | $19,254 | $1,562,561 | $1,250,049 | $312,512 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Carolynn Cozen
Sotheby's International Realty
(310) 435-0651
1 in this area
4 Total Sales
-
Buyer's Agent in 2021
Chelsea Gilson
Corcoran Global Living
(781) 264-7479
1 in this area
4 Total Sales
-
Matt Breliant
Buyer Co-Listing Agent in 2021
Matt Breliant
PLG Estates
(310) 788-0700
1 in this area
5 Total Sales
-
Robert Radcliffe
Seller's Agent in 2012
Robert Radcliffe
Sotheby's International Realty
(310) 317-9900
12 in this area
28 Total Sales
-
David Kelmenson
Seller Co-Listing Agent in 2012
David Kelmenson
Compass
(310) 863-3030
29 in this area
59 Total Sales
-
M
Buyer's Agent in 2012
Morgan Meyer
Compass
Map
Source: The MLS
MLS Number: 20-668700
APN: 4416-026-034
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© 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.
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