NOT LISTED FOR SALE

640 Palmera Ave Pacific Palisades, CA 90272

Estimated Value: $2,595,000 - $4,112,963

5 Beds
6 Baths
4,478 Sq Ft
$722/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $2,825,000 $631 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $20,636/month

141 Days on Market

Highlights

  • View of Trees or Woods
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Maid or Guest Quarters
  • Contemporary Architecture
  • No HOA

About This Home

As of July 2020

NOW $300k PRICE ADJUSTMENT, DO NOT MISS OUT ON THIS AMAZING OPPORTUNITY TO GET APPROX 4500 SF FOR UNDER $3M IN PACIFIC PALISADES. By far the best value & best investment in town. This inviting Mediterranean style home is located in the most serene & lush setting with a natural creek running through the back of the property. Almost 4500 square feet, this home includes 5 beds/ 6 baths, including a wonderful master suite with it's own private balcony & fireplace, 3 additional upstairs bedrooms, & a ground floor bedroom/bathroom with it's own separate entrance. The gourmet kitchen features Viking appliances, solid wood cabinets, farmhouse sink & built in breakfast nook. There are 4 fireplaces, 4 balconies, 3 zone heating/AC, & a substantially sized garage allows for ample storage. Great indoor outdoor living with a built in bbq, stone fireplace and picturesque views. This property provides a balance of nature and privacy with convenience quick access to Sunset, the PCH & Palisades Village.

Last Agent to Sell the Property

Smadar Vaknin

Kingstone Properties, Inc. License #01972207 Listed on: 01/14/2020

Co-Listed By

Marcy Roth

Douglas Elliman License #02008165

Last Buyer's Agent

Smadar Vaknin

Kingstone Properties, Inc. License #01972207 Listed on: 01/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,343

Year Built

  • Built in 2009

Lot Details

  • 8,491 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,478 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Views of Woods
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Direct Access Garage
  • Side by Side Parking

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4414-012-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,343

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 4478
  • Probate: No
  • Stories: 3
  • Year Built: 2009
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Family Room, Master Bedroom, Patio, Wood Burning
  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Built-In BBQ
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Nook, Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Electric Dryer Hookup, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 668.83

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance, Garage, Garage - 2 Car, Side By Side

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4414-012-030
  • Geocode Override: No
  • Lot Size Area: 8491

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Jun 1, 2020
Sold by
Goren Yoav and Ling Anne
Bought by
Baraghoush Ash and Tajvari Sevil
Seller's Agent
Smadar Vaknin
Kingstone Properties, Inc.
Buyer's Agent
Smadar Vaknin
Kingstone Properties, Inc.
List Price
$3,295,000
Sold Price
$2,825,000
Premium/Discount to List
-$470,000
-14.26%
Current Estimated Value
$3,231,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,321
Avg. Annual Appreciation
4.38%
Original Mortgage
$2,260,000
Outstanding Balance
$1,974,948
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$1,542,706

Purchase Details

Listed on
May 21, 2012
Closed on
Jan 18, 2013
Sold by
640 Palmera Llc
Bought by
Goren Yoav and Ling Anne
Seller's Agent
Anthony Marguleas
Amalfi Estates
Buyer's Agent
Jeff Barton
econdo.com
List Price
$2,499,000
Sold Price
$2,359,000
Premium/Discount to List
-$140,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$625,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2007
Sold by
Liets Louis J and Liets Carolyn D
Bought by
640 Palmera Llc
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
Baraghoush Ash $2,825,000 Chicago Title Company
Goren Yoav $2,359,000 Usa National Title
640 Palmera Llc $980,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baraghoush Ash $2,260,000
Previous Owner Goren Yoav $625,000
Previous Owner 640 Palmera Llc $1,821,186
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $2,825,000 -5.7% $631 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
03/12/2020 03/12/20 Price Changed $2,995,000 -9.1% $669 / Sq Ft
01/14/2020 01/14/20 For Sale $3,295,000 +39.7% $736 / Sq Ft
03/14/2013 03/14/13 Sold $2,359,000 0.0% $554 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/31/2013 01/31/13 Off Market $2,359,000 -- --
10/18/2012 10/18/12 Price Changed $2,359,000 -4.8% $554 / Sq Ft
08/07/2012 08/07/12 Price Changed $2,479,000 -0.8% $583 / Sq Ft
05/21/2012 05/21/12 For Sale $2,499,000 -- $587 / 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 $36,343 $1,055,372 $1,055,372 --
2024 $36,343 $2,997,912 $1,591,812 $1,406,100
2023 $35,633 $2,939,130 $1,560,600 $1,378,530
2022 $33,964 $2,881,500 $1,530,000 $1,351,500
2021 $33,541 $2,825,000 $1,500,000 $1,325,000
2020 $32,297 $2,656,192 $1,125,982 $1,530,210
2019 $30,999 $2,604,110 $1,103,904 $1,500,206
2018 $30,897 $2,553,050 $1,082,259 $1,470,791
2016 $29,542 $2,453,914 $1,040,235 $1,413,679
2015 $29,106 $2,417,055 $1,024,610 $1,392,445
2014 $29,188 $2,369,709 $1,004,540 $1,365,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-543644

The MLS

APN: 4414-012-030