NOT LISTED FOR SALE

701 Chapala Dr Pacific Palisades, CA 90272

Estimated Value: $4,954,000 - $9,444,658

6 Beds
8 Baths
7,265 Sq Ft
$912/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2017

Last sale price $7,900,000 $1,087 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $39,197 / mo

32 Days on Market

Highlights

  • Wine Cellar
  • Heated In Ground Pool
  • Traditional Architecture
  • Home Theater
  • Recreation Room
  • Wood Flooring

About This Home

As of October 2017

Exquisitely executed newer 3 level Huntington Palisades traditional w/an airy modern ambiance. All rooms are where they should be & nothing is missing! Beautifully positioned on a corner lot offering great light, privacy & usable yard. Luxurious & pristine in every detail, as well as thoughtfully created to provide easy living. Crestron smart home w/lovely finishes & sensational quality throughout. 4 bedrooms upstairs including luxurious master w/sitting area, huge walk-in closet & stunning bath. Lower level includes fully equipped home theater, gym, spacious game room, wine room, a bedroom/bath suite, & 2 large storage rms. The main level features a gorgeous kitchen, casual & formal dining areas, family room, living room, library, a bedroom/bath suite, & mudroom leading to the garage. Inviting outdoor space offers a sparkling pool, spa, kitchen & dining areas & a grassy play-yard. Close to the Huntington & Palisades Parks, & all the Village has to offer. Palisades living at its best!

Last Agent to Sell the Property

Laurie Hudson

Berkshire Hathaway HomeServices California Properties License #00604603 Listed on: 09/07/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Emil Alexander Schneeman

Berkshire Hathaway HomeServices California Properties License #01200793

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 8,915 Sq Ft Lot
  • Property is zoned LAR1

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 7,265 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • 2 Fireplaces
  • Gas Fireplace
  • Entryway
  • Wine Cellar
  • Separate Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Home Gym
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool
  • Pool Cover

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 4411-010-007

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

8,915 Sq Ft Lot

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 7265
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 2016
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Stone, Wood
  • Bedrooms: 6
  • Fireplaces: 2
  • Full Bathroom: 6
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, On Upper Level, Room
  • Total Bathrooms: 8.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1141.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Fenced, Heated And Filtered, Pool Cover, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage, Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Security: Owned

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 300.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4411-010-007
  • Geocode Override: No
  • Lot Size Area: 8915

Multi Family

  • Number Of Units: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 10, 2017
Sold by
Bought by
Seller's Agent
Laurie Hudson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Emil Alexander Schneeman
Berkshire Hathaway HomeServices California Properties
List Price
$8,295,000
Sold Price
$7,900,000
Premium/Discount to List
-$395,000
-4.76%
Current Estimated Value
$6,622,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,277,447
Avg. Annual Appreciation
-2.01%

Purchase Details

Listed on
May 24, 2016
Closed on
Jul 26, 2016
Sold by
Bought by
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Laurie Hudson
Berkshire Hathaway HomeServices California Properties
List Price
$7,875,000
Sold Price
$7,530,000
Premium/Discount to List
-$345,000
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$5,271,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,900,000 California Title Company
$7,530,000 Equity Title Company
$2,900,000 Equity Title Company
-- Chicago Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $5,271,000
Previous Owner $1,312,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2017 10/27/17 Sold $7,900,000 -4.8% $1,087 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $8,295,000 +10.2% $1,142 / Sq Ft
09/02/2016 09/02/16 Sold $7,530,000 -4.4% $1,048 / Sq Ft View Prior Sale
07/21/2016 07/21/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $7,875,000 -- $1,096 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $43,317 $3,623,985 $3,623,985 --
2024 $106,526 $8,812,596 $5,466,041 $3,346,555
2023 $104,431 $8,639,801 $5,358,864 $3,280,937
2022 $99,525 $8,470,394 $5,253,789 $3,216,605
2021 $98,333 $8,304,309 $5,150,774 $3,153,535
2020 $99,371 $8,219,160 $5,097,960 $3,121,200
2019 $95,356 $8,058,000 $4,998,000 $3,060,000
2018 $95,179 $7,900,000 $4,900,000 $3,000,000
2016 $36,164 $3,003,049 $2,293,087 $709,962
2015 $35,631 $2,957,941 $2,258,643 $699,298
2014 -- $1,989,903 $1,591,925 $397,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-261518

The MLS

APN: 4411-010-007

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