NOT LISTED FOR SALE

725 Jacon Way Pacific Palisades, CA 90272

Pacific Palisades Neighborhood

Estimated Value: $3,221,000 - $3,919,000

4 Beds
3 Baths
2,600 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $2,040,000 $785 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $22,779/month

About This Home

As of November 2018

Offered furnished or unfurnished for six-month/1 year term. This lovingly updated Marquez Knolls house, originally designed by famed architect Charles DuBois, marries Mid-Century sensibility with today's designer finishes. The superb layout features formal and informal living rooms with dual fireplaces, a private principal suite, and well-sized secondary bedrooms - plenty of space for the entire family to spread out and enjoy. Tenants will delight in the European Oak floors, updated bathrooms, and stylish wallpaper. Outside the owners enjoy a private green yard and rooftop deck with peek-a-boo ocean views - plenty of space for outdoor entertaining during the pandemic. Offered furnished or unfurnished for six-month to a year term.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Fornara Timothy William and Welker Kara Anne
Bought by
Salomon Stephen M and Salomon Stephanie A
Current Estimated Value
$3,539,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Outstanding Balance
$2,173,559
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,439,271

Purchase Details

Closed on
Aug 30, 2018
Sold by
Martin Lisa G and Maynard Laurie G
Bought by
Fornara Timothy William and Welker Kara Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,632,000
Interest Rate
4.7%
Mortgage Type
New Conventional

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
Salomon Stephen M $2,950,000 Fidelity National Title Co
Fornara Timothy William $2,040,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salomon Stephen M $2,360,000
Previous Owner Welker Kara Anne $1,820,000
Previous Owner Fornara Timothy William $1,632,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Rented $11,600 0.0% --
01/23/2021 01/23/21 For Rent $11,600 0.0% --
11/08/2018 11/08/18 Sold $2,040,000 -2.8% $785 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $2,099,000 -- $807 / Sq Ft

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
2024 $37,888 $3,130,562 $2,504,450 $626,112
2023 $37,146 $3,069,180 $2,455,344 $613,836
2022 $35,405 $3,009,000 $2,407,200 $601,800
2021 $25,100 $2,102,356 $1,471,649 $630,707
2020 $25,362 $2,080,800 $1,456,560 $624,240
2019 $24,346 $2,040,000 $1,428,000 $612,000
2018 $2,283 $172,329 $80,348 $91,981
2016 $2,157 $165,639 $77,229 $88,410
2015 $2,128 $163,151 $76,069 $87,082
2014 $2,146 $159,956 $74,579 $85,377
Source: Public Records

Agents Affiliated with this Home

  • Stormie Leoni

    Seller's Agent in 2021

    Stormie Leoni

    Compass

    (310) 227-5996

    1 in this area

    60 Total Sales

    Stormie Leoni
    Section Image
  • Peter Maurice

    Seller's Agent in 2018

    Peter Maurice

    Rodeo Realty

    (310) 281-3950

    2 in this area

    138 Total Sales

    Peter Maurice
    Section Image
  • Tregg Rustad

    Seller Co-Listing Agent in 2018

    Tregg Rustad

    Rodeo Realty

    (310) 428-3356

    3 in this area

    172 Total Sales

    Tregg Rustad
    Section Image
  • Laura Buffone

    Buyer's Agent in 2018

    Laura Buffone

    Compass

    (310) 486-7015

    2 in this area

    65 Total Sales

    Laura Buffone
    Section Image
  • Jeffrey Fritz

    Buyer Co-Listing Agent in 2018

    Jeffrey Fritz

    Compass

    (310) 916-2470

    1 in this area

    65 Total Sales

    Jeffrey Fritz
    Section Image
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Map

California Los Angeles County Pacific Palisades 90272 Pacific Palisades

725 Jacon Way, Pacific Palisades, CA

Homes for Sale in Pacific Palisades, CA

This home is located at 725 Jacon Way, Pacific Palisades, CA 90272 and is currently estimated at $3,539,121, approximately $1,361 per square foot. 725 Jacon Way is a home located in Los Angeles County with nearby schools including Marquez Charter School, Paul Revere Charter Middle School, and Palisades Charter High.

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