242 Tranquillo Rd Pacific Palisades, CA 90272
3
Beds
3
Baths
2,153
Sq Ft
6,173
Sq Ft Lot
Highlights
- White Water Ocean Views
- Contemporary Architecture
- Breakfast Area or Nook
- Spa
- Wood Flooring
- 4 Car Attached Garage
About This Home
As of February 2021Pristinely redone ocean view home in serene neighborhood of Castellammare; short distance to beach. The split level, 3 bedroom, 3 bath home is approximately 2,153sf situated on an approximately 6,173sf lot. Blend of traditional and California Bungalow style home with great indoor-outdoor flow with hardwood floors throughout and terrific natural light. Enjoy the ocean views and sunsets to Malibu's Pt. Dume from your front porch while listening to the fountain beneath the uniquely designed all glass "swing door" that captures all the ocean breezes to flow through the home. The incredibly large master-suite offers exceptional ocean views and private balcony along with an exquisite marble and granite bathroom and a walk-in closet. The living room opens to an outdoor patio/courtyard with outdoor speaker system and outdoor shower. The entire home is served by a state-of-the-art water filtration system. One of the bedrooms has unique walnut walls and was featured in "The New York Times"
Last Agent to Sell the Property
Sotheby's International Realty License #01132704 Listed on: 04/24/2012
Last Buyer's Agent
Morgan Meyer
Compass License #01504354
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,417
Year Built
- Built in 1954
Lot Details
- 6,173 Sq Ft Lot
- Property is zoned LAR1
Property Views
- White Water Ocean
- Mountain
- Park or Greenbelt
Home Design
- Contemporary Architecture
- Composition Roof
Interior Spaces
- 2,153 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wood Burning Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Dining Area
- Security System Owned
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 4 Car Attached Garage
- Side by Side Parking
- Garage Door Opener
Pool
- Spa
- Room in yard for a pool
Outdoor Features
- Open Patio
Utilities
- Central Heating and Cooling System
- Sewer in Street
- Cable TV Available
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
10
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 Home in Pacific Palisades, CA
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: 12-596341
APN: 4416-026-034
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