Seller's Agent in 2012
Jeffrey T. Sandorf
Compass
(424) 400-5900
35 Total Sales
714 Patterson Place Pacific Palisades, CA 90272
Estimated Value: $3,984,000 - $5,819,607
6
Beds
5.5
Baths
4,324
Sq Ft
$1,182/Sq Ft
Est. Value
Highlights
- Home Theater
- Fireplace in Primary Bedroom
- Spanish Architecture
- Room in yard for a pool
- Marble Flooring
- 1-minute walk to George Wolfberg Park at Potrero Canyon
About This Home
As of July 2012Don't miss this rare offering of a stunning 2001 built Old World masterpiece in the only gated community (11 homes) in the Palisades Village. With 5 bdrm & 5.5 bth plus 3 bonus rooms incl office, playroom & home gym this floor plan meets almost every possible need. With a Spanish influence the architecture is dramatic, the rooms light and bright, ceilings voluminous & the finishes are of high quality, stylish and in great condition. The 1st floor features a 2 story rotunda & large FR w/ espresso floor & stained beams w/ French Doors that open to a spacious tiled patio perfect for entertaining & grassy yard for play. Beautiful center-island kitchen, Viking cooking & b'fast area opens to outdoor dining patio. Upstairs find 4 bdrms + playroom & huge private master suite w/ sitting area, exercise rm, his & her closets & luxe bath w/ Crema Marfil marble, dual shower heads + spa tub. 3 car garage. Walk to schools, shops & the park from this quiet & serene setting, this is a one of a kind!
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01150357
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $51,472
Year Built
- Built in 2001
Lot Details
- 8,293 Sq Ft Lot
- Gated Home
- Property is zoned LAR1
Parking
- Garage
Home Design
- Spanish Architecture
Interior Spaces
- 4,324 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wood Burning Fireplace
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Office
- Home Gym
- Alarm System
- Laundry Room
- Property Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Marble
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Powder Room
- Spa Bath
Outdoor Features
- Room in yard for a pool
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Sewer in Street
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4412-010-041
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 4, 2013
Sold by
Klein Scott and S & M Klein Revocable Trust
Bought by
Grossman Andrew B and The Lyon Grossman Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,352,753
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$3,758,449
Purchase Details
Listed on
May 16, 2012
Closed on
Jul 13, 2012
Sold by
Burke Douglas J and Golding Md Ilyssa B
Bought by
S & M Klein Revocable Trust
Seller's Agent
Jeffrey T. Sandorf
Compass
Buyer's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
List Price
$3,549,000
Sold Price
$3,363,300
Premium/Discount to List
-$185,700
-5.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Purchase Details
Closed on
Jun 21, 2001
Sold by
P 3 Development Group Llc
Bought by
Burke Douglas J and Golding Md Ilyssa B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
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 |
|---|---|---|---|
| Grossman Andrew B | $3,475,000 | Equity Title Company | |
| S & M Klein Revocable Trust | $3,363,500 | First American Title Co | |
| Burke Douglas J | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lyon-Grossman Trust | $89,700 | |
| Open | Grossman Andrew B | $1,900,000 | |
| Previous Owner | Burke Douglas J | $1,100,000 | |
| Previous Owner | Burke Douglas J | $250,000 | |
| Previous Owner | Burke Douglas J | $1,100,000 | |
| Previous Owner | Burke Douglas J | $1,000,000 | |
| Closed | Burke Douglas J | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2012 07/17/12 | Sold | $3,363,300 | -2.5% | $778 / Sq Ft |
| 06/19/2012 06/19/12 | Pending | -- | -- | -- |
| 06/05/2012 06/05/12 | Price Changed | $3,449,000 | -2.8% | $798 / Sq Ft |
| 05/16/2012 05/16/12 | For Sale | $3,549,000 | -- | $821 / 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 | $51,472 | $4,071,415 | $2,216,568 | $1,854,847 |
| 2024 | $51,472 | $4,251,410 | $2,414,562 | $1,836,848 |
| 2023 | $50,464 | $4,168,050 | $2,367,218 | $1,800,832 |
| 2022 | $48,096 | $4,086,324 | $2,320,802 | $1,765,522 |
| 2021 | $47,519 | $4,006,201 | $2,275,297 | $1,730,904 |
| 2019 | $46,083 | $3,887,376 | $2,207,811 | $1,679,565 |
| 2018 | $45,926 | $3,811,154 | $2,164,521 | $1,646,633 |
| 2016 | $43,371 | $3,614,818 | $2,080,471 | $1,534,347 |
| 2015 | $42,729 | $3,560,521 | $2,049,221 | $1,511,300 |
| 2014 | $42,845 | $3,490,776 | $2,009,080 | $1,481,696 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2012
David Offer
Berkshire Hathaway HomeServices California Properties
(310) 820-9341
8 in this area
117 Total Sales
Map
Source: The MLS
MLS Number: 12-600891
APN: 4412-010-057
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