NOT LISTED FOR SALE

320 Swarthmore Ave Pacific Palisades, CA 90272

Estimated Value: $2,891,000 - $3,875,177

4 Beds
2 Baths
1,610 Sq Ft
$2,013/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $3,062,500 $1,902 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $20,775/month

18 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Bonus Room
  • Spa
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of June 2019

It doesn't get much better than this location. 3rd house from the Bluffs. Rare opportunity to own a charming traditional style home or build your dream home in this amazing Pacific Palisades Bluffs location. Enter this well-landscaped home through a covered patio which leads to a formal living room and formal dining room. There are 4 bedrooms & 2 bathrooms plus a covered rear patio which opens to a nicely landscaped rear yard. Enjoy the amazing ocean views and wonderful ocean breezes. Close proximity to the Palisades Village & local schools. Property is located in Tract 9300 and Coastal Commission. First time on the market since it was built in 1949 and being sold as a Trust sale with no court confirmation needed. This is a rare offering!!!

Last Agent to Sell the Property

Steven Moritz

Sotheby's International Realty License #00928961 Listed on: 05/02/2019

Sotheby's International Realty

Co-Listed By

Natasha Lahera

Sotheby's International Realty License #02075141

Last Buyer's Agent

James Respondek

Rodeo Realty - Pacific Palisades License #00713972

Rodeo Realty - Pacific Palisades

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,873

Year Built

  • Built in 1949

Lot Details

  • 6,299 Sq Ft Lot
  • Tear Down
  • Property is zoned LAR1

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Bluff

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wood Under Carpet
  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Spa
  • Enclosed Glass Porch
  • Open Patio

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4412-024-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,873

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: It doesn't get much better than this location. 3rd house from the Bluffs. Rare opportunity to own a charming traditional style home or build your dream home in this amazing Pacific Palisades Bluffs location. Enter this well-landscaped home through a covered patio which leads to a formal living room and formal dining room. There are 4 bedrooms & 2 bathrooms plus a covered rear patio which opens to a nicely landscaped rear yard. Enjoy the amazing ocean views and wonderful ocean breezes. Close proximity to the Palisades Village & local schools. Property is located in Tract 9300 and Coastal Commission. First time on the market since it was built in 1949 and being sold as a Trust sale with no court confirmation needed. This is a rare offering!!!
  • Living Area: 1610
  • Property Condition: Fixer, Tear Down
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Parquet, Wood, Wood Under Carpet
  • Bedrooms: 4
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 1769.57

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Covered
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: Yes
  • View: Bluff, Coastline, Ocean, Panoramic, Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage, On street
  • Total Parking: 4

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4412-024-014
  • Geocode Override: No
  • Lot Size Area: 6299

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2021
Sold by
Bacabaca Llc
Bought by
Pollet Troy S and Pollet Jessica
Current Estimated Value
$3,241,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,203,283
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$1,259,443

Purchase Details

Listed on
May 2, 2019
Closed on
May 17, 2019
Sold by
Sweeters James B and Sweeters Julianne
Bought by
Bacabaca Llc
Seller's Agent
Steven Moritz
Sotheby's International Realty
Buyer's Agent
James Respondek
Rodeo Realty - Pacific Palisades
List Price
$2,849,000
Sold Price
$3,062,500
Premium/Discount to List
$213,500
7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Source: Public Records

Range of Values:

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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
Pollet Troy S $3,353,000 Chicago Title Company
Bacabaca Llc $3,062,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollet Family Trust $572,624
Open Pollet Troy S $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $3,062,500 +7.5% $1,902 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $2,849,000 -- $1,770 / Sq Ft
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 $42,873 $2,733,018 $2,733,018 --
2024 $42,873 $3,558,228 $2,846,583 $711,645
2023 $42,030 $3,488,460 $2,790,768 $697,692
2022 $40,134 $3,420,060 $2,736,048 $684,012
2021 $37,348 $3,156,111 $2,524,889 $631,222
2020 $37,744 $3,123,750 $2,499,000 $624,750
2019 $35,221 $117,752 $69,645 $48,107
2018 $1,474 $115,444 $68,280 $47,164
2016 $1,392 $110,964 $65,630 $45,334
2015 $1,372 $109,299 $64,645 $44,654
2014 $1,387 $107,159 $63,379 $43,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-456286

The MLS

APN: 4412-024-014