Seller's Agent in 2021
Stormie Leoni
Compass
(310) 227-5996
1 in this area
61 Total Sales
725 Jacon Way Pacific Palisades, CA 90272
3
Beds
2
Baths
2,600
Sq Ft
9,919
Sq Ft Lot
Highlights
- Ocean View
- Traditional Architecture
- Bonus Room
- Family Room with Fireplace
- Wood Under Carpet
- Stone Countertops
About This Home
As of November 2018FIRST TIME ON THE MARKET IN 60 YEARS! Come see this vintage, approx. 2,600 s.f., one-story Marquez Knolls 50's ranch designed by prominent architect Charles DuBois, AIA. Make some judicious minor updates, move in and enjoy! Center hall entry leads to capacious formal living room with glass doors opening to patio and yard, with adjacent open-concept family room/dining room easily opened into the eat-in upgraded kitchen, with separate laundry room/pantry. 3 bedrooms + 2 baths, including master at rear w/ en suite bath, enormous appx 380 s.f. additional family room/play room/office (or possible second master) with terrazzo floors, (published in House Beautiful, circa 1965) completes the package, along with a very large roof-top deck with partial ocean views. Property is ripe for remodel/add on for investors, or any buyer looking for prime quiet location in the Palisades at an entry-level price. One block to Marquez Elementary. Do not miss!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,888
Year Built
- Built in 1956
Lot Details
- 9,919 Sq Ft Lot
- Block Wall Fence
- Property is zoned LAR1
Parking
- 2 Car Garage
- Driveway
Property Views
- Ocean
- Peek-A-Boo
Home Design
- Traditional Architecture
- Fixer Upper
Interior Spaces
- 2,600 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Gas Fireplace
- Entryway
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Area
- Den
- Bonus Room
- Center Hall
Kitchen
- Breakfast Bar
- Oven or Range
- Range Hood
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Wood Under Carpet
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Sewer in Street
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4419-012-059
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2021
Sold by
Fornara Timothy William and Fornara Kara Anne
Bought by
Salomon Living Trust and Salomon
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
$2,360,000
Outstanding Balance
$2,132,027
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$479,095
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,950,000 | Fidelity National Title | |
| Grant Deed | $2,040,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,360,000 | New Conventional | |
| Previous Owner | $1,632,000 | New Conventional |
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 |
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 | $37,888 | $1,660,450 | $1,660,450 | -- |
| 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
-
Peter Maurice
Seller's Agent in 2018
Peter Maurice
Rodeo Realty
(310) 281-3950
2 in this area
133 Total Sales
-
Tregg Rustad
Seller Co-Listing Agent in 2018
Tregg Rustad
Rodeo Realty
(310) 428-3356
3 in this area
169 Total Sales
-
Laura Buffone
Buyer's Agent in 2018
Laura Buffone
Compass
(310) 486-7015
2 in this area
61 Total Sales
-
Jeffrey Fritz
Buyer Co-Listing Agent in 2018
Jeffrey Fritz
Compass
(310) 916-2470
1 in this area
59 Total Sales
Map
Source: The MLS
MLS Number: 18-383034
APN: 4419-012-059
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