NOT LISTED FOR SALE

Estimated Value: $5,530,000 - $13,090,868

6 Beds
8.5 Baths
10,200 Sq Ft
$913/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $13,000,000 $1,275 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $64,563/month

29 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Maid or Guest Quarters
  • Wine Cellar
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of March 2019

Grand yet intimate, this brand new estate provides the ultimate canvas for illuminated California living.Designed by Michael Lee this modern architectural sits on a flat 15,871 S.F. lot on Amalfi Drive in the coveted Riviera section of Pacific Palisades. Featuring a floating roof & striking walls of stone & glass, the 6-bedroom home defines its own class of coastal contemporary innovation. The gourmet kitchen joins the family & breakfast rooms, flowing seamlessly into the exterior via floor-to-ceiling glass doors. The backyard, a blissful outdoor sanctuary, features a grassy lawn, pool, sundeck, entertaining patio, firepit & outdoor kitchen. A floating staircase leads to the sunlit upper level where the sleek master suite offers peek-a-boo ocean views, a balcony & spa-like bath retreat, while the lower level is host to a bar, gym/yoga studio, theater & climate-controlled wine cellar. This home exudes a cool sophistication while enjoying the ease of the SoCal lifestyle.

Last Agent to Sell the Property

John Hathorn

Compass License #00960182 Listed on: 01/11/2019

Compass

Co-Listed By

Charles Pence

Compass License #00670728

Last Buyer's Agent

Brett Miller

Nourmand & Associates-BW License #01333139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $170,702

Year Built

  • Built in 2018

Lot Details

  • 0.36 Acre Lot
  • Property is zoned LARE11

Property Views

  • Ocean
  • Trees

Interior Spaces

  • 10,200 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Loft
  • Home Gym
  • Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4408-014-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$170,702

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 10200
  • Stories: 3
  • Year Built: 2018
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Mixed, Stone
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 4
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1342.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Driveway, Garage
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4408-014-002
  • Geocode Override: No
  • Lot Size Area: 15871

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2021
Sold by
Deliver Maricarmen and The 2008 Dragonland Trust
Bought by
770 Amalfi Drive Gp
Current Estimated Value
$9,310,434

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 11, 2019
Sold by
Quest Amalfi Owner Lp
Bought by
Zafon Carlos Ruiz and Bellver Maricarmen
Seller's Agent
John Hathorn
Compass
Buyer's Agent
Brett Miller
Nourmand & Associates-BW
List Price
$13,695,000
Sold Price
$13,000,000
Premium/Discount to List
-$695,000
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.19%
Original Mortgage
$9,100,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2016
Sold by
Quest Ventures Llc
Bought by
Quest Amalfi Owner Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,095,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2016
Sold by
Quest Amalfi Owner Lp
Bought by
Quest Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,095,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2016
Sold by
Quest Ventures Llc
Bought by
Quest Amalfi Owner Lp

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 22, 2015
Sold by
Brown Barry and Barry K Brown Living Trust
Bought by
Quest Ventures Llc
Seller's Agent
Charles Pence
Compass
Buyer's Agent
Lee Kort
Lee Michael Kort
List Price
$6,000,000
Sold Price
$5,216,250
Premium/Discount to List
-$783,750
-13.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
May 4, 2005
Sold by
Brown Barry
Bought by
Brown Barry K and Barry K Brown Living Trust

Purchase Details

Closed on
Oct 19, 1999
Sold by
Brown Barry
Bought by
Brown Barry

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
2.95%
Source: Public Records

Range of Values:

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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
770 Amalfi Drive Gp -- None Available
Zafon Carlos Ruiz $13,000,000 Provident Title Co
Quest Amalfi Owner Lp -- Provident Title Company
Quest Ventures Llc -- Provident Title Company
Quest Amalfi Owner Lp -- None Available
Quest Ventures Llc $5,216,500 Chicago Title Company
Brown Barry K -- --
Brown Barry -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellver Maricarmen $6,910,000
Previous Owner Zafon Carlos Ruiz $9,100,000
Previous Owner Quest $0
Previous Owner Quest Amalfi Owner Lp $4,095,000
Previous Owner Quest Amalfi Owner Lp $6,860,000
Previous Owner Quest Amalfi Owner Lp $6,860,000
Previous Owner Quest Ventures Llc $5,444,375
Previous Owner Brown Barry K $500,000
Previous Owner Brown Barry K $2,070,000
Previous Owner Brown Barry $1,500,000
Previous Owner Brown Barry $500,000
Previous Owner Brown Barry $1,700,000
Previous Owner Brown Barry $1,500,000
Previous Owner Brown Barry $1,400,000
Previous Owner Brown Barry $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $13,000,000 -5.1% $1,275 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $13,695,000 +162.5% $1,343 / Sq Ft
09/01/2015 09/01/15 Sold $5,216,250 -5.2% $1,054 / Sq Ft
07/07/2015 07/07/15 Price Changed $5,500,000 -8.3% $1,112 / Sq Ft
05/07/2015 05/07/15 For Sale $6,000,000 0.0% $1,213 / Sq Ft
06/03/2014 06/03/14 Rented $11,500 -4.2% --
05/28/2014 05/28/14 Under Contract -- -- --
05/05/2014 05/05/14 For Rent $12,000 +20.0% --
01/31/2013 01/31/13 Rented $10,000 0.0% --
01/31/2013 01/31/13 Under Contract -- -- --
01/23/2013 01/23/13 For Rent $10,000 -- --
Source: The MLS

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 $170,702 $14,501,742 $8,701,046 $5,800,696
2024 $170,702 $14,217,395 $8,530,438 $5,686,957
2023 $179,978 $14,994,000 $9,384,000 $5,610,000
2022 $159,413 $13,665,319 $8,199,192 $5,466,127
2021 $157,585 $13,397,373 $8,038,424 $5,358,949
2020 $159,275 $13,260,000 $7,956,000 $5,304,000
2019 $171,144 $14,562,696 $5,535,472 $9,027,224
2018 $65,052 $5,426,934 $5,426,934 $0
2016 $62,536 $5,216,200 $4,173,000 $1,043,200
2015 $5,529 $440,131 $217,634 $222,497
2014 $5,558 $431,510 $213,371 $218,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-422624

The MLS

APN: 4408-014-002