NOT LISTED FOR SALE

407 Almar Ave Pacific Palisades, CA 90272

Estimated Value: $7,575,000 - $8,407,176

6 Beds
5.5 Baths
6,500 Sq Ft
$1,227/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $8,150,000 $1,254 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $53,446/month

3 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • No HOA
  • Mountain View
  • Wood Flooring
  • 4-minute walk to Asilomar View Park

About This Home

As of May 2017

Implemented with detailed sophistication and elegance, this hand crafted Spanish Colonial Revival is placed on the Pacific Palisades bluffs overlooking the ocean and offering the quintessential California living experience. Combining timeless style, green construction and a modern floor plan, the house fuses high quality finishes with fixtures and materials gathered from around the globe. The generous entertaining spaces include the open gourmet kitchen with an attached romantic breakfast area, formal dining room, living room and a library/den enabling seamless indoor outdoor flow to the pool and gardens.

Last Agent to Sell the Property

Frank Langen

DPP License #01108147 Listed on: 03/03/2017

Co-Listed By

Stephen Sigoloff

Carolwood Estates License #00796067

Last Buyer's Agent

Cindy Ambuehl

Christie's International Real Estate SoCal License #01821934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,755

Year Built

  • Built in 2006

Lot Details

  • 10,741 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Attached Garage

Home Design

  • Villa

Interior Spaces

  • 6,500 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Library
  • Mountain Views
  • Attic Fan
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Stone
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Grill

Additional Homes

  • Fireplace in Guest House

Utilities

  • Central Heating
  • Radiant Heating System
  • Phone System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4414-006-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,755

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6500
  • Stories: 2
  • Year Built: 2006
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Dining, Exterior, Gas, Guest House, Kitchen, Living Room, Master Bedroom, Wood Burning
  • Flooring: Cement, Hardwood, Stone, Tile
  • Bedrooms: 6
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Attic Fan, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1161.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa: Bath Tub, Hot Tub, Private
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage

Utilities

  • Heating: Central, Radiant

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4414-006-009
  • Geocode Override: No
  • Lot Size Area: 10741

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Mar 13, 2017
Sold by
Chemia Marc and Daggett Jensen
Bought by
407 Almar Llc
Seller's Agent
Frank Langen
DPP
Buyer's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
List Price
$7,550,000
Sold Price
$8,150,000
Premium/Discount to List
$600,000
7.95%
Current Estimated Value
$8,099,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,275
Avg. Annual Appreciation
-0.27%

Purchase Details

Closed on
Oct 20, 2006
Sold by
Chemla Marc and Chemla Jensen Daggett
Bought by
Chemla Marc and Daggett Jensen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2004
Sold by
Cluster Marie W and Marie W Cluster Revocable Trus
Bought by
Chemla Marc and Chemla Jensen Daggett

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
5.12%
Mortgage Type
Purchase Money Mortgage
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
407 Almar Llc $8,150,000 Lawyers Title
Chemla Marc -- Accommodation
Chemla Marc $1,850,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 407 Almar Llc $4,482,500
Previous Owner 407 Almar Llc $4,482,500
Previous Owner Chemla Marc $2,365,000
Previous Owner Chemla Marc $2,375,000
Previous Owner Chemla Marc $2,372,000
Previous Owner Chemla Marc $2,325,000
Previous Owner Chemla Marc $2,315,000
Previous Owner Chemla Marc $2,300,000
Previous Owner Chemla Marc $1,000,000
Closed Chemla Marc $387,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2017 05/10/17 Sold $8,150,000 +7.9% $1,254 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $7,550,000 0.0% $1,162 / Sq Ft
05/14/2012 05/14/12 Rented $22,500 -19.6% --
05/14/2012 05/14/12 Under Contract -- -- --
03/29/2012 03/29/12 For Rent $28,000 -- --
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 $111,755 $4,714,879 $4,714,879 --
2024 $111,755 $9,273,305 $7,111,432 $2,161,873
2023 $109,551 $9,091,477 $6,971,993 $2,119,484
2022 $104,389 $8,913,214 $6,835,288 $2,077,926
2021 $103,163 $8,738,446 $6,701,263 $2,037,183
2019 $100,033 $8,479,260 $6,502,500 $1,976,760
2018 $99,799 $8,313,000 $6,375,000 $1,938,000
2016 $32,215 $2,684,207 $1,777,545 $906,662
2015 $31,739 $2,643,889 $1,750,845 $893,044
2014 $31,826 $2,592,100 $1,716,549 $875,551
Source: Public Records

Agents Affiliated with this Home

  • Frank Langen

    Seller's Agent in 2017

    Frank Langen

    DPP

    (310) 963-3891

    36 in this area

    49 Total Sales

    Section Image
  • Stephen Sigoloff

    Seller Co-Listing Agent in 2017

    Stephen Sigoloff

    Carolwood Estates

    (310) 804-8180

    2 in this area

    35 Total Sales

    Section Image
  • Cindy Ambuehl

    Buyer's Agent in 2017

    Cindy Ambuehl

    Christie's International Real Estate SoCal

    (928) 575-5281

    38 in this area

    123 Total Sales

    Section Image

  • A

    Buyer's Agent in 2012

    Alexandra Brew

    Compass

See All Agents

Map

Source: The MLS

MLS Number: 17-205774

The MLS

APN: 4414-006-009

California Los Angeles County Pacific Palisades 90272

407 Almar Ave, Pacific Palisades, CA

This home is located at 407 Almar Ave, Pacific Palisades, CA 90272 since 03 March 2017 and is currently estimated at $7,973,059, approximately $1,226 per square foot. This property was built in 2006. 407 Almar Ave is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Marquez Charter School, and Paul Revere Charter Middle School.

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