NOT LISTED FOR SALE

847 Chautauqua Blvd Pacific Palisades, CA 90272

Estimated Value: $4,449,000 - $5,648,699

5 Beds
5.5 Baths
4,254 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold March 05, 2019

Last sale price $4,485,000 $1,054 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $32,612/month

117 Days on Market

Highlights

  • Art Studio
  • Mountain View
  • Fireplace in Primary Bedroom
  • Cape Cod Architecture
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of March 2019

Elegant Pacific Palisades new construction home, located in the Alphabet Streets on Chautauqua! This luxury property offers unparalleled craftsmanship and exceptional amenities. The Cape Cod-inspired design is truly remarkable inside and out. This two-story smart home has 5 bedrooms and 5½ baths. The open floor plan features 3 fireplaces, Wolf range oven, Sub-Zero refrigerator, and a fully equipped barbecue area. Custom oversized windows and sliding pocket doors provide plenty of natural lighting. The gorgeous master suite has vaulted ceilings, dual walk-in closets, and a large private patio. Expansive rooftop deck with ocean and mountain views. Just blocks away to the newly opened Caruso development, with dining, retail, and movie theatre. All of this makes this the ideal dream home!

Last Agent to Sell the Property

Jacqueline Chernov

The Beverly Hills Estates License #01361435 Listed on: 09/26/2018

The Beverly Hills Estates

Last Buyer's Agent

Alexandra Pfeifer

Sotheby's International Realty License #01743378

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,126

Year Built

  • Built in 2018

Lot Details

  • 6,490 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 4,254 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den with Fireplace
  • Art Studio
  • Wood Flooring
  • Mountain Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4423-025-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,126

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Advertising Remarks: Elegant Pacific Palisades new construction home, located in the Alphabet Streets on Chautauqua! This luxury property offers unparalleled craftsmanship and exceptional amenities. The Cape Cod-inspired design is truly remarkable inside and out. This two-story smart home has 5 bedrooms and 5½ baths. The open floor plan features 3 fireplaces, Wolf range oven, Sub-Zero refrigerator, and a fully equipped barbecue area. Custom oversized windows and sliding pocket doors provide plenty of natural lighting. The gorgeous master suite has vaulted ceilings, dual walk-in closets, and a large private patio. Expansive rooftop deck with ocean and mountain views. Just blocks away to the newly opened Caruso development, with dining, retail, and movie theatre. All of this makes this the ideal dream home!
  • Living Area: 4254
  • Stories: 2
  • Year Built: 2018
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1080.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4423-025-023
  • Geocode Override: No
  • Lot Size Area: 6490

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Feldman Steven N and Feldman Ariella
Bought by
Simpson David and Greenwald Elyse
Current Estimated Value
$5,035,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,550
Outstanding Balance
$2,836,560
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$2,455,007

Purchase Details

Listed on
Sep 26, 2018
Closed on
Feb 11, 2019
Sold by
Ronaldo Y G 5 Llc
Bought by
Feldman Steven N and Feldman Ariella
Seller's Agent
Jacqueline Chernov
The Beverly Hills Estates
Buyer's Agent
Alexandra Pfeifer
Sotheby's International Realty
List Price
$4,795,000
Sold Price
$4,485,000
Premium/Discount to List
-$310,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$4,036,051
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2017
Sold by
Cassels Simon Hugh Kennedy
Bought by
Ronaldo Yg5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,112,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2017
Sold by
Cassels Simon Hugh Kennedy
Bought by
Cassels Simon Hugh Kennedy and Cassels Michelle Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,112,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2016
Sold by
Cassels Simon Hk
Bought by
Cassels Simon Hugh Kennedy and The Cassels Family Trust

Purchase Details

Closed on
Aug 3, 2012
Sold by
Germann Barbara Greenlee and Greenlee Karen Louise
Bought by
Cassels Simon Hk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
3.49%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Simpson David $4,847,000 Fidelity National Title Co
Feldman Steven N $4,485,000 Fidelity National Title Co
Ronaldo Yg5 Llc $2,640,000 Usa Nationaltitle Company
Cassels Simon Hugh Kennedy -- Usa National Title
Cassels Simon Hugh Kennedy -- None Available
Cassels Simon Hk $1,125,000 Usa National Title Co
Cassels Simon Hk -- Usa National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson David $3,150,550
Previous Owner Feklman Steven N $4,036,051
Previous Owner Feldman Steven N $4,036,051
Previous Owner Feldman Steven N $4,036,051
Previous Owner Ronaldo Yg5 Llc $2,112,000
Previous Owner Cassels Simon Hk $274,500
Previous Owner Cassels Simon Hk $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2019 03/05/19 Sold $4,485,000 -2.4% $1,054 / Sq Ft
01/11/2019 01/11/19 Price Changed $4,595,000 -2.1% $1,080 / Sq Ft
11/07/2018 11/07/18 Price Changed $4,695,000 -2.1% $1,104 / Sq Ft
09/26/2018 09/26/18 For Sale $4,795,000 -- $1,127 / 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 $62,126 $2,354,884 $2,354,884 --
2024 $62,126 $5,143,674 $3,551,862 $1,591,812
2023 $60,905 $5,042,818 $3,482,218 $1,560,600
2022 $58,125 $4,943,940 $3,413,940 $1,530,000
2021 $54,787 $4,622,093 $3,076,243 $1,545,850
2020 $55,365 $4,574,700 $3,044,700 $1,530,000
2019 $31,919 $2,692,800 $2,154,240 $538,560
2018 $31,778 $2,640,000 $2,112,000 $528,000
2016 $14,047 $1,170,262 $936,211 $234,051
2015 $13,839 $1,152,685 $922,149 $230,536
2014 $13,883 $1,130,107 $904,086 $226,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-389698

The MLS

APN: 4423-025-023