NOT LISTED FOR SALE

650 N Marquette St Pacific Palisades, CA 90272

Estimated Value: $1,748,000 - $3,727,338

3 Beds
2 Baths
1,375 Sq Ft
$1,815/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $3,500,000 $2,545 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $15,635/month

43 Days on Market

Highlights

  • 127,159 Sq Ft lot
  • Living Room with Fireplace
  • Cottage
  • Canyon View
  • No HOA
  • Laundry Room

About This Home

As of January 2018

RARE Opportunity to own your own private 3 acre estate in prime Pacific Palisades w/ endless possibilities. Property consist of two APNs being sold together; 650 N Marquette has a charming 1930s style cottage that is 1,375 sqft, 3 BR & 2 BA on a 62,957sqft lot & 640 N Marquette is vacant 64,202 sqft lot w/ large flat area (old Tennis Court & Carport) which is a prime location to build your dream house. Enter through a private gated driveway & take in all the beauty this serene property has to offer. Enjoy watching all the wildlife within your own canyon & listen to the year round streams. This is your own piece of paradise away from all the hustle & bustle of LA. You are a 3 min drive to Palisades High, 5 min drive to the NEW Palisades Village Project (2018) & 6 minutes to Will Rogers Beach. Best suited for one large estate w/ a guest house. However, property has 2nd gate on the south side of N Marquette so building out 2 separate lots is an option. Come take a look before it is gone

Last Agent to Sell the Property

Ray Lyon

Compass License #01875162 Listed on: 09/05/2017

Compass

Co-Listed By

DienDa Dinh

License #00995736

Last Buyer's Agent

Ray Lyon

Compass License #01875162 Listed on: 09/05/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,406

Year Built

  • Built in 1935

Lot Details

  • 2.92 Acre Lot
  • Property is zoned LAR1

Home Design

  • Cottage

Interior Spaces

  • 1,375 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Canyon Views

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • Private Parking
  • Auto Driveway Gate

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4414-018-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,406

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1375
  • Year Built: 1935
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3265.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway Gate, Private

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4414-018-008
  • Geocode Override: No
  • Lot Size Area: 127159

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2015
Sold by
Russell Don A
Bought by
Russell Don Alan and The Don Alan Russell Living Trust
Current Estimated Value
$2,496,113
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
Russell Don Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunrise Sunset Llc $7,350,000
Closed Sunrise Sunset Llc $5,075,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $3,500,000 -22.0% $2,545 / Sq Ft
09/22/2017 09/22/17 Price Changed $4,490,000 -5.5% $3,265 / Sq Ft
08/24/2017 08/24/17 For Sale $4,749,000 -- $3,454 / 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 $24,406 $1,257,300 $1,257,300 --
2024 $24,406 $2,007,930 $1,896,380 $111,550
2023 $23,932 $1,968,560 $1,859,197 $109,363
2022 $22,815 $1,929,962 $1,822,743 $107,219
2021 $22,543 $1,892,120 $1,787,003 $105,117
2019 $21,864 $1,836,000 $1,734,000 $102,000
2018 $1,183 $80,964 $46,299 $34,665
2016 $1,122 $77,822 $44,502 $33,320
2015 $1,109 $76,654 $43,834 $32,820
2014 $1,151 $75,154 $42,976 $32,178
Source: Public Records

Agents Affiliated with this Home

  • Ray Lyon

    Seller's Agent in 2018

    Ray Lyon

    Compass

    (310) 993-1065

    1 in this area

    87 Total Sales

    Ray Lyon
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    DienDa Dinh

  • L

    Seller Co-Listing Agent in 2018

    Lisa Gutman

See All Agents

Map

Source: The MLS

MLS Number: 17-262920

The MLS

APN: 4414-018-008

California Los Angeles County Pacific Palisades 90272

650 N Marquette St, Pacific Palisades, CA

This home is located at 650 N Marquette St, Pacific Palisades, CA 90272 since 05 September 2017 and is currently estimated at $2,496,113, approximately $1,815 per square foot. This property was built in 1935. 650 N Marquette St is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter Elementary, and Paul Revere Charter Middle School.

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