NOT LISTED FOR SALE

400 Aderno Way Pacific Palisades, CA 90272

Estimated Value: $2,953,000 - $4,220,000

4 Beds
3.5 Baths
2,105 Sq Ft
$1,768/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $3,400,000 $1,615 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $24,544/month

15 Days on Market

Highlights

  • Detached Guest House
  • Midcentury Modern Architecture
  • Family Room with Fireplace
  • In Ground Pool
  • Mountain View
  • Corner Lot

About This Home

As of September 2020

Mid-Century Gem situated on a 14,000+ Sq. Ft. (CORNER) lot in the secluded Bel-air Bay Club area in Pacific Palisades. The pool-oriented home has three bedrooms w/ two and one-half baths, plus a separate guest house with a bath. This tucked-away neighborhood is close to the beach so it enjoys the refreshing coastal climate. The enormous pool/yard area is a family and/or entertainer's dream. The new Virtual Open House Video will be available as of 8/15. Showings by appointment only through listing agent #1. COVID-19 regulations are to be strictly observed.

Last Agent to Sell the Property

Paula Ross Jones

Sotheby's International Realty License #01157578 Listed on: 08/03/2020

Sotheby's International Realty

Co-Listed By

Kathryn Soll

Kathryn Carter Soll License #00419651

Last Buyer's Agent

Clara Yang

Sotheby's International Realty License #01201082

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,888

Year Built

  • Built in 1952

Lot Details

  • 0.33 Acre Lot
  • Corner Lot
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,105 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • In Ground Pool
  • Detached Guest House
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4415-026-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,888

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2105
  • Lot Acreage: 0.3338
  • Stories: 1
  • Year Built: 1952
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 1422.80

Exterior Features

  • Other Structures: None
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Tile
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Detached
  • Total Parking: 3

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4415-026-005
  • Lot Location: Corner Lot
  • Lot Size Area: 14540

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 3, 2020
Sold by
Garrett Jason and Stephen Garrett 1999 Trust
Bought by
Hatch Jonathan Lee and Von Jasmine
Seller's Agent
Paula Ross Jones
Sotheby's International Realty
Buyer's Agent
Clara Yang
Sotheby's International Realty
List Price
$2,995,000
Sold Price
$3,400,000
Premium/Discount to List
$405,000
13.52%
Total Days on Market
15
Current Estimated Value
$3,720,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,892
Avg. Annual Appreciation
2.26%
Original Mortgage
$2,030,000
Outstanding Balance
$1,821,822
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,954,070

Purchase Details

Closed on
Jul 13, 1999
Sold by
Garrett Stephen G
Bought by
Garrett Stephen
Source: Public Records

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Range of Values:

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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
Hatch Jonathan Lee $3,400,000 Lawyers Title Company
Garrett Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatch Jonathan Lee $2,030,000
Previous Owner Garret Stephen $530,000
Previous Owner Garrett Stephen $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $3,400,000 +13.5% $1,615 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $2,995,000 -- $1,423 / 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
2024 $43,888 $3,608,106 $2,886,485 $721,621
2023 $43,033 $3,537,360 $2,829,888 $707,472
2022 $41,024 $3,468,000 $2,774,400 $693,600
2021 $40,542 $3,400,000 $2,720,000 $680,000
2020 $4,795 $358,033 $193,066 $164,967
2019 $4,622 $351,014 $189,281 $161,733
2018 $4,501 $344,132 $185,570 $158,562
2016 $4,297 $330,770 $178,365 $152,405
2015 $4,238 $325,802 $175,686 $150,116
2014 $4,263 $319,421 $172,245 $147,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-613656

The MLS

APN: 4415-026-005