NOT LISTED FOR SALE

650 Palisades Dr Pacific Palisades, CA 90272

Estimated Value: $1,784,000 - $2,168,000

3 Beds
3 Baths
2,308 Sq Ft
$880/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $2,495,000 $1,081 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $14,437/month

56 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Fireplace in Primary Bedroom
  • Gourmet Kitchen
  • Canyon View
  • Contemporary Architecture

About This Home

As of October 2022

Savor the serene lifestyle that this peaceful, private and impeccably updated townhouse offers! The 3-bedroom (one currently a study), 3-bathroom unit on the coveted mountain-side of Sea RIdge has been magnificently remodeled by the present owners who used it infrequently as a second home! Their many renovation projects include the addition of attic insulation and exhaust fan; 2-zone A/C and heater units; recessed ceiling lights and fire sprinkler heads; designer light fixtures; high-end kitchen appliances and cabinets; deluxe bathroom vanities, fixtures, hardware and floors; three individually-designed fireplace surrounds, hearths and mantels; a Control-4 sound system with several recessed speakers controlled by mini-iPads; elegant window and wall coverings; beautifully refinished hardwood floors and so much more! The most recent improvements consist of a fumigation tenting treatment in June, followed by a roof tune-up including the replacement of broken roof tile. The secluded patio off the family room provides the setting for quiet relaxation as well as for delightful entertaining! There is direct access into the unit from the 2-car garage with a spacious bonus/storage room. Association amenities include a community pool, spa, outdoor shower, barbecue and ample guest parking. Truly a rare opportunity for those buyers looking for a splendid home in a most desirable, gated community close to the beach!

Last Agent to Sell the Property

Richard Newman

Kerry Patterson Company License #00481431 Listed on: 07/17/2022

Last Buyer's Agent

Shelton Wilder

Christie's International Real Estate SoCal License #01979656

Christie's International Real Estate SoCal

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $30,984

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 3.17

HOA Fees

  • $638 Monthly HOA Fees

Property Views

  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture
  • Concrete Roof

Interior Spaces

  • 2,308 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room
  • Attic Fan
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms

Laundry

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

Parking

  • 4 Car Direct Access Garage
  • Automatic Gate
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio

Utilities

  • Zoned Heating and Cooling
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 4419-015-155

Community Details

Overview

  • Association fees include water
  • 75 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Community Barbecue Grill
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$30,984

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$638 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Sea Ridge
  • Entry Floor: 1
  • Living Area: 2308
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1995
  • Builders Tract Name: Sea Ridge
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room, Master Bedroom, Gas
  • Flooring: Hardwood, Stone
  • Appliances: Cooktop - Gas, Double Oven, Oven-Electric, Warmer Oven Drawer, Range Hood
  • Bedrooms: 3
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Remodeled
  • Laundry: On Upper Level, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Attic Fan, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Washer, Range/Oven, Recirculated Exhaust Fan, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 1081.02

Exterior Features

  • Patio: Tile, Patio Open
  • Pool Description: Community
  • Pool: Yes
  • Roof: Concrete, Tile
  • Spa: Community
  • Spa Yn: Yes
  • View: Mountains, Canyon
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Multi/Zone, Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Pool, Spa, Assoc Pet Rules, Gated Community, Assoc Barbecue, Guest Parking
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water
  • HOA Fees: 638.25
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4419-015-155
  • Lot Description: Gated Community

Multi Family

  • Number Of Units: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Oct 5, 2022
Sold by
Charles And Gail Wehner Trust
Bought by
Gurfein Claire Eileen and Gurfein Daniel George
Seller's Agent
Richard Newman
Kerry Patterson Company
Buyer's Agent
Shelton Wilder
Christie's International Real Estate SoCal
List Price
$2,495,000
Sold Price
$2,495,000
Views
7
Current Estimated Value
$2,030,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$464,016
Avg. Annual Appreciation
-7.09%
Original Mortgage
$1,247,500
Outstanding Balance
$1,192,005
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$838,979

Purchase Details

Closed on
May 4, 2015
Sold by
Lombardo Rick
Bought by
Charles & Gail Wehner Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$971,750
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 28, 1995
Sold by
Searidge Ii Llc
Bought by
Lombardo Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
7.88%
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
Gurfein Claire Eileen $2,495,000 Chicago Title
Charles & Gail Wehner Trust $1,495,000 Chicago Title Company
Lombardo Rick $560,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurfein Claire Eileen $1,247,500
Previous Owner Charles & Gail Wehner Trust $971,750
Previous Owner Lombardo Rick $390,000
Previous Owner Lombardo Rick $300,000
Previous Owner Lombardo Rick $300,000
Previous Owner Lombardo Rick $320,000
Previous Owner Lombardo Rick $380,000
Previous Owner Lombardo Rick $0
Previous Owner Lombardo Rick $400,000
Previous Owner Lombardo Rick $317,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $2,495,000 0.0% $1,081 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $2,495,000 0.0% $1,081 / Sq Ft
08/08/2022 08/08/22 Off Market $2,495,000 -- --
07/17/2022 07/17/22 For Sale $2,495,000 -- $1,081 / 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 $30,984 $2,487,909 $819,315 $1,668,594
2024 $30,984 $2,544,900 $892,500 $1,652,400
2023 $30,381 $2,495,000 $875,000 $1,620,000
2022 $20,188 $1,693,125 $1,161,180 $531,945
2021 $19,859 $1,659,927 $1,138,412 $521,515
2019 $19,263 $1,610,695 $1,104,647 $506,048
2018 $19,189 $1,579,114 $1,082,988 $496,126
2016 $18,357 $1,517,797 $1,040,935 $476,862
2015 $9,494 $774,060 $428,499 $345,561
2014 $9,530 $758,898 $420,106 $338,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-179713

The MLS

APN: 4419-015-155