NOT LISTED FOR SALE

581 Paseo Miramar Pacific Palisades, CA 90272

Estimated Value: $1,919,000 - $3,527,818

3 Beds
2 Baths
2,561 Sq Ft
$1,166/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $4,325,000 $1,689 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $17,115/month

6 Days on Market

Highlights

  • Ocean View
  • 1.7 Acre Lot
  • Living Room with Fireplace
  • In Ground Pool
  • Midcentury Modern Architecture
  • Wood Flooring

About This Home

As of December 2021

California modernist hillside gem.

Last Agent to Sell the Property

Kim Hartley

Beverly and Company, Inc. License #01936961 Listed on: 10/14/2021

Beverly and Company, Inc.

Co-Listed By

William Ashman

Beverly and Company, Inc. License #02040451

Last Buyer's Agent

Lisa Rubel

Beverly and Company, Inc. License #01492894

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,437

Year Built

  • Built in 1972

Lot Details

  • 1.7 Acre Lot
  • Gated Home
  • Property is zoned LARE15

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Ocean
  • Trees

Home Design

  • Midcentury Modern Architecture
  • Split Level Home

Interior Spaces

  • 2,561 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Covered Parking
  • Driveway

Pool

  • In Ground Pool
  • Solar Heated Spa

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4416-018-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,437

Year Built

Built in 1972

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 2561
  • Lot Acreage: 1.7000
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1972
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Inclusions: Property includes 3 adjacent APN/parcel numbers : 4416-018-027 (21,459 sq. ft) 4416-018-028 (17,944 sq ft.) 4416-018-029 (27,165 sq ft) totaling approximately 1.70 acres.
  • Price Per S Q F T: 1522.45

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Solar Heated Spa
  • Spa Yn: Yes
  • View: Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Driveway
  • Total Parking: 3

Utilities

  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 100.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4416-018-020
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Size Area: 17377

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 22, 2021
Sold by
Bryan Family Trust
Bought by
Damon Christopher and Damon Alicia
Seller's Agent
Kim Hartley
Beverly and Company, Inc.
Buyer's Agent
Lisa Rubel
Beverly and Company, Inc.
List Price
$3,899,000
Sold Price
$4,325,000
Premium/Discount to List
$426,000
10.93%
Current Estimated Value
$2,984,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,340,061
Avg. Annual Appreciation
-7.08%
Original Mortgage
$3,000,000
Outstanding Balance
$2,764,150
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$517,123
Source: Public Records

Range of Values:

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Average Value
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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
Damon Christopher $4,325,000 Usa National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damon Christopher $3,000,000
Previous Owner Bryan Nancy Lee $100,000
Previous Owner Bryan G Edward $250,000
Previous Owner Bryan George Edward $145,000
Closed Damon Christopher $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $4,325,000 +10.9% $1,689 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $3,899,000 -- $1,522 / 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 $14,437 $764,799 $764,799 --
2024 $14,437 $1,163,947 $1,153,543 $10,404
2023 $14,163 $1,141,125 $1,130,925 $10,200
2022 $47,387 $4,025,000 $3,220,000 $805,000
2021 $3,572 $272,432 $111,417 $161,015
2019 $3,471 $264,353 $108,113 $156,240
2018 $3,325 $259,171 $105,994 $153,177
2016 $3,157 $249,109 $101,879 $147,230
2015 $3,113 $245,368 $100,349 $145,019
2014 $3,137 $240,563 $98,384 $142,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-791522

The MLS

APN: 4416-018-020