NOT LISTED FOR SALE

739 Brooktree Rd Pacific Palisades, CA 90272

Estimated Value: $3,390,000 - $6,638,000

3 Beds
4 Baths
2,724 Sq Ft
$1,915/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $3,760,000 $1,380 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $32,176/month

241 Days on Market

Highlights

  • Home Theater
  • Views of Trees
  • Property is near park
  • Heated In Ground Pool
  • Deck
  • Bonus Room

About This Home

As of March 2014

A Master's hand is clearly evident in the amazing interplay of soaring volumes, cantilevered floors and decks, glass walls and spectacular beams, that give one an almost weightless feeling, in Ray Kappe's Katzenstein House on coveted Brooktree Road in Rustic Canyon. Restored by a prior owner and impeccably maintained, the house is truly a monument to a modernist California lifestyle. House, decks and lap pool set amidst beautiful landscaped gardens and mature trees. Exhilarating.

Last Agent to Sell the Property

Stephen Sigoloff

Carolwood Estates License #00796067 Listed on: 05/31/2013

Carolwood Estates

Last Buyer's Agent

Stephen Sigoloff

Carolwood Estates License #00796067 Listed on: 05/31/2013

Carolwood Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 10,863 Sq Ft Lot
  • Creek or Stream
  • Front and Back Yard Sprinklers
  • Hillside Location
  • Property is zoned LARE11

Property Views

  • Trees
  • Park or Greenbelt
  • Pool

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Library
  • Bonus Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Side by Side Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Open Patio
  • Front Porch

Location

  • Property is near park

Utilities

  • Central Heating
  • Baseboard Heating
  • Sewer in Street
  • Cable TV Available

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4409-022-013

Home Details

Home Type

Single Family

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Appliances: Built-In And Free Standing, Built-Ins, Cooktop - Gas, Double Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Eating Areas: Dining Area
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes

Exterior Features

  • Construction: Concrete, Glass, Wood Siding
  • Tennis Court Y/N: No
  • Patio: Deck(s), Patio Open, Porch - Front, Porch - Rear
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Green Belt, Pool, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Carport, Side By Side

Utilities

  • Heating: Baseboard, Central
  • Sewer: In Street

Lot Info

  • Sprinklers: Front, Rear, Sprinkler System
  • Assessor Parcel Number: 4409-022-013
  • Geocode Override: No
  • Lot Location: Hillside, Park Nearby, Stream
  • Lot Size Area: 10863

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2013
Closed on
Feb 3, 2014
Sold by
The Northern Trust Company
Bought by
Millman/Levitus Family Trust
Seller's Agent
Stephen Sigoloff
Carolwood Estates
Buyer's Agent
Stephen Sigoloff
Carolwood Estates
List Price
$3,950,000
Sold Price
$3,760,000
Premium/Discount to List
-$190,000
-4.81%
Current Estimated Value
$5,217,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,457,079
Avg. Annual Appreciation
2.79%
Original Mortgage
$2,632,000
Outstanding Balance
$1,989,090
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$3,227,989

Purchase Details

Closed on
Oct 20, 2006
Sold by
Kagan Peter and Salazar Kagan Teresa
Bought by
Northern Trust and Max Elliot Wheeler Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,105,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2004
Sold by
Kadosh Investments Inc
Bought by
Kagan Peter and Salazar Kagan Teresa

Purchase Details

Closed on
Aug 29, 2003
Sold by
Moore Leo
Bought by
Kadosh Investment Inc

Purchase Details

Closed on
Feb 11, 1994
Sold by
Pepperdine University
Bought by
Moore Leo and Murray Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Katzenstein Henry Sour and Katzenstein Constance A
Bought by
Pepperdine University

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6%

Purchase Details

Closed on
Jan 20, 1994
Sold by
Katzenstein Henry Sour and Katzenstein Constance A
Bought by
Pepperdine University

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Millman/Levitus Family Trust $3,760,000 Equity Title Company
Northern Trust $4,210,000 Southland Title Company
Kagan Peter $2,385,000 --
Kadosh Investment Inc $313,556 --
Moore Leo $3,970,909 Continental Lawyers Title Co
Pepperdine University -- Continental Land Title
Pepperdine University -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millman/Levitus Family Trust $2,632,000
Previous Owner Northern Trust $2,105,000
Previous Owner Moore Leo $608,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $3,760,000 -4.8% $1,380 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $3,950,000 0.0% $1,450 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
11/12/2013 11/12/13 Price Changed $3,950,000 -7.1% $1,450 / Sq Ft
09/10/2013 09/10/13 For Sale $4,250,000 0.0% $1,560 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $4,250,000 -- $1,560 / Sq Ft
Source: The MLS

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 $60,694 $5,130,181 $3,687,391 $1,442,790
2024 $60,694 $5,029,590 $3,615,090 $1,414,500
2023 $59,500 $4,930,971 $3,544,206 $1,386,765
2022 $56,701 $4,834,286 $3,474,712 $1,359,574
2021 $56,023 $4,739,497 $3,406,581 $1,332,916
2019 $48,773 $4,131,924 $3,305,541 $826,383
2018 $48,646 $4,050,907 $3,240,727 $810,180
2016 $46,561 $3,893,608 $3,114,887 $778,721
2015 $45,870 $3,835,123 $3,068,099 $767,024
2014 $44,382 $3,621,000 $2,752,000 $869,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-676589

The MLS

APN: 4409-022-013