NOT LISTED FOR SALE

517 Erskine Dr Pacific Palisades, CA 90272

Estimated Value: $3,372,000 - $4,113,000

4 Beds
5 Baths
3,297 Sq Ft
$1,156/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $2,665,000 $808 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $24,194/month

24 Days on Market

Highlights

  • Cape Cod Architecture
  • Fireplace in Primary Bedroom
  • Den
  • Mountain View
  • Wood Flooring
  • 3 Car Direct Access Garage

About This Home

As of September 2012

Escape to the Hamptons! Gorgeous Cape Cod completed in 2006. Prestigious El Medio bluffs location. Custom built with exquisite design and attention to every detail. Dramatic 2 story entry leads into Great Room incorporating the dining area & family room. Enormous gourmet chef's kitchen with marble countertops & professional appliances. Gaze at mtn views from master suite's sitting area & relax in luxurious master bath. Home features Walnut flooring, custom millwork, trims, moldings, coffered ceilings, bonus room off garage & much more

Last Agent to Sell the Property

Dan Urbach

Compass License #01147391 Listed on: 08/06/2012

Compass

Last Buyer's Agent

Simon Beardmore

Sotheby's International Realty License #01321605

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,860

Year Built

  • Built in 2006

Lot Details

  • 6,302 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 3 Car Direct Access Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof

Interior Spaces

  • 3,297 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Wood Flooring
  • Mountain Views
  • Security System Owned
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4413-017-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,860

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3297
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 4.75
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Hood Fan, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 847.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • View: Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Attached, Direct Entrance, Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4413-017-010
  • Lot Size Area: 6302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2012
Closed on
Aug 31, 2012
Sold by
Tooley Patrick B and Tooley Katherine Talutis
Bought by
Haller Alexander and Haller Laura
Seller's Agent
Dan Urbach
Compass
Buyer's Agent
Simon Beardmore
Sotheby's International Realty
List Price
$2,795,000
Sold Price
$2,665,000
Premium/Discount to List
-$130,000
-4.65%
Current Estimated Value
$3,846,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,181,009
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Jul 16, 2007
Sold by
Goodfriend Lawrence and Goodfriend Jennifer
Bought by
Tooley Patrick B and Tooley Katherine Talutis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2007
Sold by
Goodfriend Lawrence
Bought by
Goodfriend Lawrence and Goodfriend Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 2004
Sold by
Moses William
Bought by
Goodfriend Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2002
Sold by
Moses Sara J
Bought by
Moses William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%

Purchase Details

Closed on
Jun 5, 2001
Sold by
Moses William R
Bought by
Moses William and William Moses Revocable Trust

Purchase Details

Closed on
Feb 26, 1998
Sold by
Ogden Jack E and Ogden Carol B
Bought by
Moses William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.11%

Purchase Details

Closed on
Feb 17, 1998
Sold by
Nelson Tracy K H
Bought by
Moses William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.11%
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
Haller Alexander $2,655,000 California Title Company
Tooley Patrick B $3,050,000 California Title
Goodfriend Lawrence -- None Available
Goodfriend Lawrence $1,500,000 California Title Company
Goodfriend Lawrence -- California Title Company
Moses William -- Investors Title Company
Moses William R -- Investors Title Company
Moses William -- Investors Title Company
Moses William -- --
Moses William R $595,000 Equity Title Company
Moses William R -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tooley Patrick B $1,435,000
Previous Owner Tooley Patrick B $1,400,000
Previous Owner Tooley Patrick B $1,400,000
Previous Owner Tooley Patrick B $1,850,000
Previous Owner Goodfriend Lawrence $260,000
Previous Owner Goodfriend Lawrence $1,820,000
Previous Owner Goodfriend Lawrence $349,950
Previous Owner Goodfriend Lawrence $1,000,000
Previous Owner Goodfriend Lawrence $800,000
Previous Owner Goodfriend Lawrence $800,000
Previous Owner Moses William R $300,000
Previous Owner Moses William R $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $2,665,000 -4.7% $808 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $2,795,000 -- $848 / 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 $38,860 $1,222,172 $1,222,172 --
2024 $38,860 $3,212,924 $1,843,397 $1,369,527
2023 $38,098 $3,149,926 $1,807,252 $1,342,674
2022 $36,309 $3,088,164 $1,771,816 $1,316,348
2021 $35,873 $3,027,613 $1,737,075 $1,290,538
2019 $34,788 $2,937,814 $1,685,553 $1,252,261
2018 $34,685 $2,880,210 $1,652,503 $1,227,707
2016 $33,113 $2,761,823 $1,588,335 $1,173,488
2015 $32,622 $2,720,339 $1,564,477 $1,155,862
2014 $32,711 $2,667,053 $1,533,832 $1,133,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-617247

The MLS

APN: 4413-017-010