NOT LISTED FOR SALE

620 Palisades Dr Pacific Palisades, CA 90272

Estimated Value: $1,646,000 - $2,056,003

3 Beds
3 Baths
2,308 Sq Ft
$785/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $2,115,000 $916 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $12,680/month

48 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Dual Staircase
  • No Units Above
  • Updated Kitchen
  • Mountain View

About This Home

As of October 2023

Welcome to 620 Palisades Drive, located in the gated community of Sea Ridge in Pacific Palisades. Sea Ridge is minutes from the beach and shopping in the Village. This townhome sits on the coveted mountain side and is one of the only units set back from the street with a long driveway. Step inside to find hardwood floors in the main living space with vaulted ceilings, a dining space that opens to a private deck with mountain views, an up-to-date kitchen adjacent to the family room with quartz countertops, a Miele cooktop, and Kitchenaid appliances. Two of the home's fireplaces sit on this level, with one full bath and a bedroom with french doors that open up to the outdoors. Entertaining is easy in this home, with a beautifully landscaped private patio equipped with a gas line for grilling on demand. Upstairs you'll find a sizeable primary ensuite with vaulted ceilings, a fireplace, plenty of closet space, and another deck with impeccable views. The third bedroom is also an ensuite with vaulted ceilings, and the laundry is conveniently located upstairs. The garage is located on the lower level and offers an extra nook perfect for a gym or studio, additional storage under the stairs, and cabinetry to stay organized while parking two cars inside. The Sea Ridge community boasts a grassy park area, plenty of guest parking nearby, and a community pool and spa. This home is a must-see.

Last Agent to Sell the Property

Christina Rice

Coldwell Banker Realty License #01778818 Listed on: 06/26/2023

Coldwell Banker Realty

Last Buyer's Agent

Pareesa Nindra

Beverly and Company, Inc. License #02005760

Beverly and Company, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $25,847

Year Built

  • Built in 1991

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Drip System Landscaping
  • Sprinkler System

HOA Fees

  • $660 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Automatic Gate
  • Guest Parking

Interior Spaces

  • 2,308 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Plantation Shutters
  • French Mullion Window
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Stone Porch or Patio
  • Outdoor Grill

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 41662
  • Assessor Parcel Number 4419015126

Community Details

Overview

  • 75 Units
  • Sea Ridge Association, Phone Number (818) 907-6622
  • Ross Morgan HOA
  • Foothills
  • Mountainous Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$25,847

Year Built

Built in 1991

Lot Details

0

HOA Fees

$660 per month

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: Appliances, washer/dryer
  • Property Attached: Yes
  • Security: Automatic Gate
  • Subdivision Name Other: Sea Ridge
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4419015126
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2308.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Ceiling Fan(s), High Ceilings, Quartz Counters, Recessed Lighting
  • Stories: 3
  • Entry Location: 2
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 916.38
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite
  • Spa Features: Community
  • Window Features: French/Mullioned, Plantation Shutters
  • Bathroom Features: Separate Tub And Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Patio, Stone
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 660.00
  • Association Fee Frequency: Monthly
  • Association Name: Sea Ridge
  • Phone: 8189076622
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Foothills, Hiking, Horse Trails, Park, Watersports, Mountainous, Sidewalks, Suburban
  • Association Management: Ross Morgan

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers Drip System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 75
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 41662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Sep 11, 2023
Sold by
Barbara Lucille Rice Living Trust
Bought by
Moghaddam Arezou Shahbazi
Seller's Agent
Christina Rice
Coldwell Banker Realty
Buyer's Agent
Pareesa Nindra
Beverly and Company, Inc.
List Price
$2,195,000
Sold Price
$2,115,000
Premium/Discount to List
-$80,000
-3.64%
Views
17
Current Estimated Value
$1,810,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$304,332
Avg. Annual Appreciation
-7.85%
Original Mortgage
$1,692,000
Outstanding Balance
$1,667,691
Interest Rate
8.5%
Mortgage Type
New Conventional
Estimated Equity
$142,977

Purchase Details

Closed on
Sep 24, 2012
Sold by
Rice Barbara B
Bought by
Rice Barbara Lucille and Barbara Lucille Rice Living Tr

Purchase Details

Closed on
Jun 24, 2005
Sold by
Rice Barbara B
Bought by
Rice Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 1995
Sold by
Searidge Pacific Palisades Llc
Bought by
Rice Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,100
Interest Rate
8.27%

Purchase Details

Closed on
Apr 28, 1995
Sold by
Rice Dale Howard
Bought by
Rice Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,100
Interest Rate
8.27%
Source: Public Records

Range of Values:

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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
Moghaddam Arezou Shahbazi $2,115,000 Equity Title - Los Angeles
Rice Barbara Lucille -- None Available
Rice Barbara B -- Chicago Title Co
Rice Barbara B $516,090 First American Title Company
Rice Barbara B -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahbazi Moghaddam Arezou $122,000
Open Barbara Lucille Rice Trust $1,692,000
Closed Moghaddam Arezou Shahbazi $1,692,000
Previous Owner Rice Barbara Lucille $274,175
Previous Owner Rice Barbara B $324,000
Previous Owner Rice Barbara B $314,000
Previous Owner Rice Barbara B $270,224
Previous Owner Rice Barbara L $100,000
Previous Owner Rice Barbara B $275,000
Previous Owner Rice Barbara B $256,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $2,115,000 -3.6% $916 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $2,195,000 +3.8% $951 / Sq Ft
07/08/2023 07/08/23 Off Market $2,115,000 -- --
07/08/2023 07/08/23 For Sale $2,195,000 +3.8% $951 / Sq Ft
06/26/2023 06/26/23 Off Market $2,115,000 -- --
06/26/2023 06/26/23 For Sale $2,195,000 -- $951 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,847 $817,833 $402,113 $415,720
2024 $25,847 $2,115,000 $1,554,500 $560,500
2023 $10,385 $833,058 $429,444 $403,614
2022 $9,913 $816,724 $421,024 $395,700
2021 $9,783 $800,711 $412,769 $387,942
2019 $9,494 $776,964 $400,527 $376,437
2018 $9,427 $761,730 $392,674 $369,056
2016 $9,009 $732,153 $377,427 $354,726
2015 $8,879 $721,156 $371,758 $349,398
2014 $8,913 $707,030 $364,476 $342,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23100288

California Regional Multiple Listing Service (CRMLS)

APN: 4419-015-126