NOT LISTED FOR SALE

842 Hartzell St Pacific Palisades, CA 90272

Estimated Value: $2,752,000 - $5,536,932

3 Beds
2 Baths
1,436 Sq Ft
$2,879/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $2,200,000 $1,532 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $26,712/month

7 Days on Market

Highlights

  • Lap Pool
  • Wood Flooring
  • Breakfast Area or Nook
  • View of Hills
  • Spanish Architecture
  • Walk-In Closet

About This Home

As of October 2014

Great opportunity to build your dream home! Rare 7,802 sq ft lot set on a tree-lined Alphabet street just blocks to the heart of the Palisades Village. 3 bedroom 2 bathroom with a newer lap pool. Garage has been converted into a studio with bathroom. Property has two separate APN #'s (4423-026-011 & 4423-026-012) and both are included in the sale.

Last Agent to Sell the Property

Kevin Krakower

Douglas Elliman of California, Inc. License #01896826 Listed on: 09/10/2014

Douglas Elliman of California, Inc.

Last Buyer's Agent

Jeff Lemen

Carolwood Estates License #01314776

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,782

Year Built

  • Built in 1931

Lot Details

  • 7,802 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Spanish Architecture
  • Raised Foundation

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Views of Hills
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Lap Pool
  • In Ground Pool

Utilities

  • Floor Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4423-026-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,782

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 1436
  • Lot Dimensions: 60x130
  • Stories: 1
  • Year Built: 1931
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 1389.28

Exterior Features

  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool Description: In Ground, Lap Pool
  • Pool: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessor Parcel Number: 4423-026-011
  • Geocode Override: No
  • Lot Size Area: 7802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Sep 18, 2014
Sold by
Alexander Lester
Bought by
Sobhani Casey
Seller's Agent
Kevin Krakower
Douglas Elliman of California, Inc.
Buyer's Agent
Jeff Lemen
Carolwood Estates
List Price
$1,995,000
Sold Price
$2,200,000
Premium/Discount to List
$205,000
10.28%
Current Estimated Value
$4,133,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,933,644
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,650,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2006
Sold by
Alexander Lester and Lester Alexander Revocable Tru
Bought by
Alexander Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 14, 2005
Sold by
Alexander Lester
Bought by
Alexander Lester and Lester Alexander Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$897,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Alexander Lester and Lester Alexander Revocable Tru
Bought by
Alexander Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2003
Sold by
Alexander Lester
Bought by
Alexander Lester and Lester Alexander Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2002
Sold by
Alexander Lester
Bought by
Alexander Lester and Lester Alexander Revocable Tru

Purchase Details

Closed on
Nov 21, 1997
Sold by
Alexander Lester and Alexander Patricia
Bought by
Alexander Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 12, 1997
Sold by
Alexander Patricia
Bought by
Alexander Lester M
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
Sobhani Casey $2,200,000 Fidelity National Title Co
Sobhani Casey -- Fidelity National Title Co
Alexander Lester -- First American Title Company
Alexander Lester -- --
Alexander Lester -- First American Title Co La
Alexander Lester -- Fidelity National Title Co
Alexander Lester -- Fidelity National Title Co
Alexander Lester -- Fidelity National Title Co
Alexander Lester -- --
Alexander Lester -- Chicago Title Co
Alexander Lester M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sobhani Casey $2,600,000
Closed Sobhani Casey $950,000
Closed Sobhani Casey $250,000
Closed Sobhani Casey $2,591,000
Closed Sobhani Casey $500,000
Closed Sobhani Casey $2,532,690
Closed Sobhani Casey $1,650,000
Previous Owner Alexander Lester $350,000
Previous Owner Alexander Lester $1,000,000
Previous Owner Alexander Lester $160,000
Previous Owner Alexander Lester $897,000
Previous Owner Alexander Lester $200,000
Previous Owner Alexander Lester $150,000
Previous Owner Alexander Lester $650,000
Previous Owner Alexander Lester $418,000
Previous Owner Alexander Lester $40,000
Closed Alexander Lester $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2014 10/21/14 Sold $2,200,000 +10.3% $1,532 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $1,995,000 -- $1,389 / Sq Ft
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 $50,782 $1,679,582 $1,679,582 --
2024 $50,782 $4,200,788 $2,533,306 $1,667,482
2023 $49,786 $4,118,421 $2,483,634 $1,634,787
2022 $47,448 $4,037,669 $2,434,936 $1,602,733
2021 $46,872 $3,958,500 $2,387,193 $1,571,307
2019 $45,451 $3,841,091 $2,316,389 $1,524,702
2018 $45,291 $3,765,776 $2,270,970 $1,494,806
2016 $43,325 $3,619,549 $2,182,787 $1,436,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-792225

The MLS

APN: 4423-026-042