Seller's Agent in 2022
Jacqueline Knoll
Coldwell Banker Realty
(310) 281-3633
1 in this area
20 Total Sales
505 Paseo Miramar Pacific Palisades, CA 90272
Estimated Value: $2,725,000 - $4,037,473
3
Beds
2
Baths
2,365
Sq Ft
$1,378/Sq Ft
Est. Value
Highlights
- Ocean View
- Midcentury Modern Architecture
- No HOA
- In Ground Pool
- Wood Flooring
- Central Heating
About This Home
As of July 2022A rare and exciting opportunity to purchase a Mid-Century Modern home with spectacular ocean views of the Queens Necklace and Santa Monica Pier. This stunning 3 br/2ba architectural home, nestled in an exclusive area of the Pacific Palisades, features an expansive light-filled living room with floor-to-ceiling windows/sliding doors and a fireplace for a quintessential California indoor/outdoor living style. Surrounded by greenery, this private property is perfect for entertaining or just relaxing by the pool & spa while watching the sunset. The primary suite boosts more views, a large bathroom and walk in closet. There is a second bedroom suite with balcony and a third bedroom with stunning skylights and style. The 2-car garage has ample storage and there is additional off-street parking for 4 cars. Walking distance to Will Rogers State Beach, Gladstone's restaurant and hiking trails. Move-in ready, with opportunities to expand or update. This home feels "away from it all" but is only a few minutes to the Palisades Village. Truly a special, one-of-a-kind property.
Last Agent to Sell the Property
Coldwell Banker Realty License #01726333 Listed on: 06/17/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,884
Year Built
- Built in 1958
Lot Details
- 0.26 Acre Lot
- Property is zoned LARE15
Property Views
- Ocean
- Coastline
- Mountain
Home Design
- Midcentury Modern Architecture
Interior Spaces
- 2,365 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dining Area
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- Driveway
Pool
- In Ground Pool
- In Ground Spa
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4416-018-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 17, 2022
Sold by
Farri Navid
Bought by
Farri Navid
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Jun 17, 2022
Closed on
Jul 6, 2022
Sold by
Gerrity Family Trust
Bought by
Farri Navid and Abuhantash Razan
Seller's Agent
Jacqueline Knoll
Coldwell Banker Realty
Buyer's Agent
Mary King
Coldwell Banker Realty
List Price
$4,200,000
Sold Price
$3,800,000
Premium/Discount to List
-$400,000
-9.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.42%
Original Mortgage
$2,660,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2018
Sold by
Gerrity Timothy B and Gerrity Jill Broffman
Bought by
Gerrity Timothy B and Broffman Jill D
Purchase Details
Closed on
May 10, 2005
Sold by
Gerrity Timothy B
Bought by
Gerrity Timothy G and Gerrity Jill Broffman
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
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2003
Sold by
Gerrity Jill Broffman
Bought by
Gerrity Timothy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 2000
Sold by
Baron Deborah A
Bought by
Gerrity Timothy B
Purchase Details
Closed on
Jan 3, 2000
Sold by
Totino Salvatore
Bought by
Baron Deborah A and Gerrity Timothy B
Purchase Details
Closed on
Jun 16, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Baron Deborah A and Gerrity Timothy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
8.57%
Purchase Details
Closed on
Apr 5, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farri Navid | -- | -- | |
| Farri Navid | $3,800,000 | Equity Title | |
| Gerrity Timothy B | -- | None Available | |
| Gerrity Timothy G | -- | -- | |
| Gerrity Timothy B | -- | Fidelity National Title Co | |
| Gerrity Timothy B | $249,500 | -- | |
| Baron Deborah A | -- | Lawyers Title Company | |
| Baron Deborah A | $640,000 | Investors Title Company | |
| Home Svgs Of America Fsb | $877,897 | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farri Navid | $302,900 | |
| Closed | Farri Navid | $423,000 | |
| Previous Owner | Farri Navid | $2,660,000 | |
| Previous Owner | Gerrity Timothy B | $971,000 | |
| Previous Owner | Gerrity Timothy G | $1,000,000 | |
| Previous Owner | Gerrity Timothy B | $487,000 | |
| Previous Owner | Baron Deborah A | $512,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2022 07/26/22 | Sold | $3,800,000 | -5.0% | $1,607 / Sq Ft |
| 06/30/2022 06/30/22 | Pending | -- | -- | -- |
| 06/17/2022 06/17/22 | Price Changed | $3,999,000 | -4.8% | $1,691 / Sq Ft |
| 06/17/2022 06/17/22 | For Sale | $4,200,000 | +10.5% | $1,776 / Sq Ft |
| 06/16/2022 06/16/22 | Off Market | $3,800,000 | -- | -- |
| 10/01/2013 10/01/13 | Rented | $6,800 | 0.0% | -- |
| 10/01/2013 10/01/13 | Under Contract | -- | -- | -- |
| 09/24/2013 09/24/13 | For Rent | $6,800 | +6.3% | -- |
| 11/15/2012 11/15/12 | Rented | $6,400 | -3.0% | -- |
| 11/15/2012 11/15/12 | Under Contract | -- | -- | -- |
| 10/12/2012 10/12/12 | For Rent | $6,600 | +1.5% | -- |
| 09/28/2012 09/28/12 | Rented | $6,500 | -1.5% | -- |
| 09/28/2012 09/28/12 | Under Contract | -- | -- | -- |
| 09/04/2012 09/04/12 | For Rent | $6,600 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $46,884 | $3,629,332 | $2,846,535 | $782,797 |
| 2024 | $46,884 | $3,876,000 | $3,100,800 | $775,200 |
| 2023 | $45,965 | $3,800,000 | $3,040,000 | $760,000 |
| 2022 | $13,323 | $1,109,959 | $868,822 | $241,137 |
| 2021 | $13,156 | $1,088,196 | $851,787 | $236,409 |
| 2019 | $12,765 | $1,055,921 | $826,523 | $229,398 |
| 2018 | $12,655 | $1,035,217 | $810,317 | $224,900 |
| 2016 | $12,101 | $995,020 | $778,852 | $216,168 |
| 2015 | $11,924 | $980,074 | $767,153 | $212,921 |
| 2014 | $11,967 | $960,877 | $752,126 | $208,751 |
Source: Public Records
Agents Affiliated with this Home
-
Jacqueline Knoll
-
Jennifer Kleinert
J
Seller Co-Listing Agent in 2022
Jennifer Kleinert
Coldwell Banker Realty
(310) 418-7054
2 in this area
31 Total Sales
-
Mary King
M
Buyer's Agent in 2022
Mary King
Coldwell Banker Realty
(310) 777-6200
1 in this area
3 Total Sales
-
Nina Kleinert
Buyer Co-Listing Agent in 2022
Nina Kleinert
Coldwell Banker Realty
(310) 652-7559
1 in this area
17 Total Sales
Map
Source: The MLS
MLS Number: 22-167171
APN: 4416-018-025
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