NOT LISTED FOR SALE

703 Pacific Coast Hwy Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $6,485,000 - $8,142,000

4 Beds
4 Baths
3,198 Sq Ft
$2,304/Sq Ft Est. Value

About This Home

This home is located at 703 Pacific Coast Hwy, Santa Monica, CA 90402 and is currently estimated at $7,366,895, approximately $2,303 per square foot. 703 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2016
Sold by
Drissi Tomy E
Bought by
Drissi Tomy E and The Tomy E Drissi Trust
Current Estimated Value
$7,366,895

Purchase Details

Closed on
Mar 16, 2009
Sold by
Drissi Lacy Livingston
Bought by
Drissi Tomy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,225,000
Outstanding Balance
$2,649,268
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,717,627

Purchase Details

Closed on
Mar 5, 2009
Sold by
703 Palisades Beach Road Llc
Bought by
Drissi Tomy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,225,000
Outstanding Balance
$2,649,268
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,717,627

Purchase Details

Closed on
Dec 18, 2006
Sold by
Weinberg Max and Weinberg Rebecca
Bought by
703 Palisades Beach Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,839,999
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2005
Sold by
Wallace Steven and Steven Wallace Living Trust
Bought by
Weinberg Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,658,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 2004
Sold by
J Stephen & Leeza Gibbons Family Trust
Bought by
Wallace Steven and Steven Wallace Living Trust

Purchase Details

Closed on
Mar 10, 2003
Sold by
Scharps David L
Bought by
Meadows J Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Wallach Aleta
Bought by
Scharps David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,250
Interest Rate
5.75%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Drissi Tomy E -- None Available
Drissi Tomy -- None Available
Drissi Tomy -- None Available
703 Palisades Beach Road Llc -- First American Title Co
Weinberg Max -- Equity Title Company
Wallace Steven $4,675,000 Lawyers Title
Meadows J Stephen $3,950,000 Equity Title Company
Scharps David L $917,500 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drissi Tomy $4,225,000
Previous Owner Drissi Tomy $4,225,000
Previous Owner 703 Palisades Beach Road Llc $3,839,999
Previous Owner Weinberg Max $4,658,000
Previous Owner Meadows J Stephen $2,500,000
Previous Owner Scharps David L $1,649,800
Previous Owner Scharps David L $250,000
Previous Owner Scharps David L $100,000
Previous Owner Scharps David L $642,250
Source: Public Records

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 $95,571 $8,370,471 $7,404,653 $965,818
2024 $95,571 $8,206,345 $7,259,464 $946,881
2023 $94,050 $8,045,437 $7,117,122 $928,315
2022 $92,949 $7,887,684 $6,977,571 $910,113
2021 $90,781 $7,733,024 $6,840,756 $892,268
2019 $89,303 $7,503,659 $6,637,856 $865,803
2018 $83,988 $7,356,529 $6,507,702 $848,827
2016 $81,047 $7,070,867 $6,255,000 $815,867
2015 $80,011 $6,964,657 $6,161,045 $803,612
2014 $78,781 $6,828,230 $6,040,359 $787,871
Source: Public Records

Map

California Los Angeles County Santa Monica 90402 North of Montana

703 Pacific Coast Hwy, Santa Monica, CA

This home is located at 703 Pacific Coast Hwy, Santa Monica, CA 90402 and is currently estimated at $7,366,895, approximately $2,303 per square foot. 703 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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