NOT LISTED FOR SALE

407 Via de la Paz Pacific Palisades, CA 90272

Estimated Value: $2,556,000 - $6,102,182

3 Beds
3 Baths
2,279 Sq Ft
$1,981/Sq Ft Est. Value

Last Sold July 19, 2012

Last sale price $1,830,000 $803 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $31,141/month

14 Days on Market

Highlights

  • Views
  • Garage
  • 4-minute walk to Temescal Canyon Park
  • Central Heating
  • 1-Story Property

About This Home

As of July 2012

Lucky you! It is the 6th home away from bluff. Fabulous opportunity on fantastic 7500 sq ft flat lot. Tear down and build your dream home. Private backyard with mature landscaping. One of the few homes in this area NOT yet remodeled. First open on Tues. NO showings before. Please do not disturb occupants. Please see private remarks.

Last Agent to Sell the Property

JoAnn G. Schoemann

Douglas Elliman of California, Inc. License #01813362 Listed on: 06/21/2012

Last Buyer's Agent

Rod Aragon

Sotheby's International Realty License #00978710

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,093

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Interior Spaces

  • 2,279 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4412-022-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,093

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tear-Down
  • Street Number Display: Yes
  • Living Area: 2279
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 774.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4412-022-015
  • Lot Size Area: 7500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2014
Sold by
Debevoise Aaron N
Bought by
Aaron & Emily Debevoise Trust
Current Estimated Value
$4,704,394

Purchase Details

Closed on
Nov 18, 2013
Sold by
Im Home Investments Llc
Bought by
Debevoise Aaron N and Debevoise Emily B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jul 11, 2012
Sold by
Oldrate John and The Dorothy Oldrate Revocable
Bought by
Im Home Investments Llc
Seller's Agent
JoAnn G. Schoemann
Douglas Elliman of California, Inc.
Buyer's Agent
Rod Aragon
Sotheby's International Realty
List Price
$1,765,000
Sold Price
$1,830,000
Premium/Discount to List
$65,000
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
May 22, 2008
Sold by
Oldrate Dorothy and Oldrate Dorothy Oldrate
Bought by
Oldrate Dorothy and Dorothy Oldrate Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,895,510
Interest Rate
6%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 9, 2007
Sold by
Oldrate Dorothy
Bought by
Oldrate Dorothy and The Dorothy Oldrate Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2001
Sold by
Oldrate Dorothy
Bought by
Oldrate Dorothy and Dorothy Oldrate Revocable Living Trust
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
Aaron & Emily Debevoise Trust -- None Available
Debevoise Aaron N $4,550,045 Fidelity Sherman Oaks
Im Home Investments Llc $1,830,000 Fidelity National Title Co
Oldrate Dorothy -- Lenders Choice Title Company
Oldrate Dorothy -- Security Union Title Ins Co
Oldrate Dorothy -- Security Union Title Ins Co
Oldrate Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aaron And Emily Debevoise Trus $3,660,000
Closed Debevoise Aaron North $3,650,000
Closed Debevoise Aaron N $455,000
Closed Debevoise Aaron N $3,185,000
Previous Owner Oldrate Dorothy $1,895,510
Previous Owner Oldrate Dorothy $278,000
Previous Owner Oldrate Dorothy $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2012 07/19/12 Sold $1,830,000 +3.7% $803 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $1,765,000 -- $774 / 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 $66,093 $2,390,432 $2,390,432 --
2024 $66,093 $5,468,305 $3,605,478 $1,862,827
2023 $64,795 $5,361,084 $3,534,783 $1,826,301
2022 $61,750 $5,255,966 $3,465,474 $1,790,492
2021 $61,002 $5,152,909 $3,397,524 $1,755,385
2019 $59,154 $5,000,072 $3,296,752 $1,703,320
2018 $58,965 $4,902,032 $3,232,110 $1,669,922
2016 $56,406 $4,711,682 $3,106,604 $1,605,078
2015 $55,570 $4,640,909 $3,059,940 $1,580,969
2014 $55,459 $4,550,000 $3,000,000 $1,550,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-608427

The MLS

APN: 4412-022-015