NOT LISTED FOR SALE

338 Swarthmore Ave Pacific Palisades, CA 90272

Estimated Value: $5,640,000 - $7,667,680

5 Beds
5.5 Baths
5,535 Sq Ft
$1,154/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $6,332,202 $1,144 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $41,579/month

4 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Room in yard for a pool
  • Wine Cellar
  • Cape Cod Architecture
  • Fireplace in Primary Bedroom

About This Home

As of February 2020

Elegant Cape Cod, located in the sought after Via bluffs, has been updated with a beautiful and sophisticated interior with ocean views. This spacious home has 5 bedrooms, 5 and a half bathrooms, hardwood floors, high ceilings, media room, wine cellar and fantastic light throughout. Stunning kitchen with Caesar Stone counters, stainless steel Sub Zero, Viking and Meile appliances opens to breakfast area and large family room. Basement includes bedroom, bathroom, media room and wine cellar. French doors open to multiple outdoor entertaining areas, a built-in barbecue, outdoor fireplace and a sport court complete this private home.

Last Agent to Sell the Property

Melanie Sommers

Compass License #01303647 Listed on: 01/13/2020

Compass

Last Buyer's Agent

Chris Feil

Berkshire Hathaway HomeServices California Properties License #01739001

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,955

Year Built

  • Built in 2004

Lot Details

  • 9,640 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 5,535 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4412-024-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,955

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 5535
  • Stories: 3
  • Year Built: 2004
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood, Stone Tile, Tile
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1092.86

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4412-024-017
  • Geocode Override: No
  • Lot Size Area: 9640

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Harris and Elizabeth
Bought by
Harris Koraca Revocable Trust
Current Estimated Value
$6,389,893

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jan 24, 2020
Sold by
Isaacson Joel S and 338 Swarthmore Avenue Trust
Bought by
Harris Stephen and Koraca Elizabeth
Seller's Agent
Melanie Sommers
Compass
Buyer's Agent
Chris Feil
Berkshire Hathaway HomeServices California Properties
List Price
$6,049,000
Sold Price
$6,332,202
Premium/Discount to List
$283,202
4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Sullivan Brian C and Brian C Sullivan Trust
Bought by
Iaacson Joel S and 338 Swarthmore Avenue Trust

Purchase Details

Closed on
Jun 24, 2005
Sold by
Sullivan Brian C and Ellis Gail G
Bought by
Sullivan Brian C and Ellis Gail G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,086
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2005
Sold by
Leff James B and Jbl Trust
Bought by
Brian C Sullivan Trust

Purchase Details

Closed on
Oct 18, 2002
Sold by
Carrillo Dianne and Oleson Family Trust
Bought by
Leff James B and The Jbl Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,400
Interest Rate
5.12%
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
Harris Koraca Revocable Trust -- Schinner & Shain Llp
Harris Stephen $6,332,500 Chicago Title Company
Iaacson Joel S $4,000,040 Equity Title Company
Sullivan Brian C -- Lsi
Brian C Sullivan Trust -- Equity Title Company
Leff James B $1,325,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Stephen $4,115,931
Previous Owner Sullivan Brian C $1,075,086
Previous Owner Leff James B $981,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $6,332,202 +4.7% $1,144 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $6,049,000 -- $1,093 / 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 $81,955 $2,422,430 $2,422,430 --
2024 $81,955 $6,789,394 $3,653,742 $3,135,652
2023 $80,342 $6,656,269 $3,582,100 $3,074,169
2022 $76,562 $6,525,755 $3,511,863 $3,013,892
2021 $75,655 $6,397,800 $3,443,003 $2,954,797
2020 $56,700 $4,685,890 $2,034,378 $2,651,512
2019 $54,410 $4,594,011 $1,994,489 $2,599,522
2018 $54,227 $4,503,933 $1,955,382 $2,548,551
2016 $51,891 $4,329,042 $1,879,453 $2,449,589
2015 $51,122 $4,264,016 $1,851,222 $2,412,794
2014 $51,257 $4,180,491 $1,814,960 $2,365,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-541216

The MLS

APN: 4412-024-017