NOT LISTED FOR SALE

315 Palisades Ave Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $7,966,000 - $16,512,092

4 Beds
11 Baths
3,629 Sq Ft
$2,879/Sq Ft Est. Value

About This Home

This home is located at 315 Palisades Ave, Santa Monica, CA 90402 and is currently estimated at $10,446,273, approximately $2,878 per square foot. 315 Palisades Ave is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2016
Sold by
Ma Sherman
Bought by
Ma Sherman and Fimps Property Trust
Current Estimated Value
$10,446,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Outstanding Balance
$4,182,767
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$6,263,506

Purchase Details

Closed on
Jul 15, 2009
Sold by
Adaya Salim and Adaya Yasmin
Bought by
Ma Sherman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2006
Sold by
Abrahams James and The James Abrahams Revocable T
Bought by
Adaya Salim and Adaya Yasmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 16, 2003
Sold by
Abrahams James and Abrahams Nancy
Bought by
Abrahams James and James Abrahams Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Ma Sherman -- Chicago Title Company
Ma Sherman -- Chicago Title Company
Ma Sherman -- Chicago Title Company
Adaya Salim -- Chicago Title Co
Abrahams James -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Sherman $9,000,000
Closed Ma Sherman $6,240,000
Closed Ma Sherman $3,375,000
Previous Owner Adaya Salim $1,000,000
Previous Owner Abrahams James $500,000
Source: Public Records

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 $107,632 $9,373,647 $5,808,710 $3,564,937
2024 $107,632 $9,189,851 $5,694,814 $3,495,037
2023 $105,931 $9,009,658 $5,583,151 $3,426,507
2022 $104,693 $8,832,999 $5,473,678 $3,359,321
2021 $102,210 $8,659,803 $5,366,351 $3,293,452
2019 $100,550 $8,402,950 $5,207,183 $3,195,767
2018 $139,743 $12,240,000 $9,180,000 $3,060,000
2016 $91,069 $7,918,291 $4,906,847 $3,011,444
2015 $89,910 $7,799,352 $4,833,142 $2,966,210
2014 $88,537 $7,646,575 $4,738,468 $2,908,107
Source: Public Records

Map

California Los Angeles County Santa Monica 90402 North of Montana

315 Palisades Ave, Santa Monica, CA

This home is located at 315 Palisades Ave, Santa Monica, CA 90402 and is currently estimated at $10,446,273, approximately $2,878 per square foot. 315 Palisades Ave is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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