Seller's Agent in 2020
Emily Bregman
Berkshire Hathaway HomeServices California Properties
(310) 699-7038
31 Total Sales
702 Patterson Place Pacific Palisades, CA 90272
Estimated Value: $4,879,000 - $7,178,066
5
Beds
5.5
Baths
5,519
Sq Ft
$1,026/Sq Ft
Est. Value
Highlights
- Home Theater
- 22,774 Sq Ft lot
- French Country Architecture
- In Ground Pool
- Canyon View
- Fireplace in Primary Bedroom
About This Home
As of August 2020Situated in the prestigious Pacific Palisades located on a gated street. Enveloped by lush landscaping for the utmost privacy awaits this French Country Estate. Perfect for entertaining friends and family. The first floor offers a formal living room, dining room, and media room. Cook to your heart's content in the newlyremodeledgourmet kitchen.Enjoy the beautiful backyard, a private oasis with a pool and barbecue, that backs up to Potrero Canyon Park.California indoor-outdoor living at its best. Additionally, the home features include a downstairs guest bedroom with en suite, laundry room, 3+ car garage. The second floor features four en-suite bedrooms plus a family room. Originally the site of a historic estate, this Steve Giannetti property is part of a gated community of 11 luxury homes called Huntington Woods. This estatesits at the end of thecul de sac.Seconds to the Palisades Village's glamorous restaurants and stores. This is a rare opportunity not to be missed.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01935416 Listed on: 04/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $68,127
Year Built
- Built in 2002
Lot Details
- 0.52 Acre Lot
- Property is zoned LAR1
HOA Fees
- $431 Monthly HOA Fees
Home Design
- French Country Architecture
Interior Spaces
- 5,519 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Family Room on Second Floor
- Living Room with Fireplace
- Dining Room
- Home Theater
- Canyon Views
- Laundry Room
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Powder Room
Pool
- In Ground Pool
- Spa
Additional Features
- Outdoor Grill
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4412-010-053
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2020
Closed on
Jul 1, 2020
Sold by
Mandell Peter and Mandell Sarah
Bought by
Mackay Tom and Mackay Emily
Seller's Agent
Emily Bregman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Shamon Shamonki
Sotheby's International Realty
List Price
$5,750,000
Sold Price
$5,300,000
Premium/Discount to List
-$450,000
-7.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,022
Avg. Annual Appreciation
1.32%
Original Mortgage
$4,240,000
Outstanding Balance
$3,776,472
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,884,217
Purchase Details
Closed on
Oct 24, 2013
Sold by
Inn John and Hong Laura
Bought by
Mandell Peter and Mandell Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,842,500
Interest Rate
1.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 23, 2003
Sold by
Inn John J and Hong Laura S
Bought by
Inn John and Hong Laura
Purchase Details
Closed on
Jan 13, 2003
Sold by
P-3 Development Group Llc
Bought by
Inn John J and Hong Laura S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,927,250
Interest Rate
3.37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mackay Tom | $5,300,000 | Lawyers Title Company | |
| Mandell Peter | $4,737,500 | Equity Title Company | |
| Inn John | -- | -- | |
| Inn John J | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mackay Tom | $4,240,000 | |
| Previous Owner | Mandell Peter | $2,842,500 | |
| Previous Owner | Inn John | $1,000,000 | |
| Previous Owner | Inn John | $2,000,000 | |
| Previous Owner | Inn John J | $1,927,250 | |
| Closed | Inn John J | $444,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2020 08/11/20 | Sold | $5,300,000 | -7.8% | $960 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 04/13/2020 04/13/20 | For Sale | $5,750,000 | -- | $1,042 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $68,127 | $5,387,264 | $2,922,567 | $2,464,697 |
| 2024 | $68,127 | $5,624,402 | $3,183,624 | $2,440,778 |
| 2023 | $66,791 | $5,514,120 | $3,121,200 | $2,392,920 |
| 2022 | $63,658 | $5,406,000 | $3,060,000 | $2,346,000 |
| 2021 | $62,891 | $5,300,000 | $3,000,000 | $2,300,000 |
| 2020 | $64,328 | $5,310,240 | $4,143,838 | $1,166,402 |
| 2019 | $61,733 | $5,206,119 | $4,062,587 | $1,143,532 |
| 2018 | $61,529 | $5,104,039 | $3,982,929 | $1,121,110 |
| 2016 | $58,870 | $4,905,845 | $3,828,268 | $1,077,577 |
| 2015 | $57,999 | $4,832,155 | $3,770,764 | $1,061,391 |
| 2014 | $58,155 | $4,737,500 | $3,696,900 | $1,040,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Shamon Shamonki
Sotheby's International Realty
(310) 713-4492
21 in this area
42 Total Sales
Map
Source: The MLS
MLS Number: 20-570552
APN: 4412-010-053
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