NOT LISTED FOR SALE

850 Lachman Ln Pacific Palisades, CA 90272

Estimated Value: $2,959,000 - $4,174,189

4 Beds
3.5 Baths
2,935 Sq Ft
$1,178/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $2,100,000 $716 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $21,691/month

75 Days on Market

Highlights

  • White Water Ocean Views
  • Fireplace in Primary Bedroom
  • Bonus Room
  • Auto Driveway Gate
  • Wood Flooring
  • Home Office

About This Home

As of June 2013

Hi-Def views! Unobstructed Westside-to-Eastside/Ocean-to-Mountain Panoramas! Gated/private/striking Contemporary nestled just above Marquez Village. Sun-filled California living/open floor plan/large rooms. Endless views offer blended relationship w/nature+everyday life. Each major room offers seamless/expansive seascapes/landscapes from the West Side to the East Side/sparkling City lights+landmark buildings throughout Southland! Palos Verdes/Catalina/Santa Monica Ferris Wheel/snow-capped mountains/Wilshire Corridor/Century City/Downtown L.A. PLUS our very own Palisades Village's beautiful trees+greenery/the sea to top of Temescal Canyon+our velvety Santa Monica Mountain Range. Spectacular sunrises/sunsets+a bird's eye report of surf+snow conditions! Lovely lot w/two yards/fruit trees+over 150' of frontage! Incredible master w/huge walk-in+bonus. More unfinished bonus rooms could be office/studio/gym/wine/media+theatre/guest! Close to shops & sought-after Marquez Charter Elementary.

Last Agent to Sell the Property

Betty-Jo Tilley

Berkshire Hathaway HomeServices California Properties License #01001357 Listed on: 02/22/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Rick Chanin

Rodeo Realty - Pacific Palisades License #01441991

Rodeo Realty - Pacific Palisades

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,603

Year Built

  • Built in 1953

Lot Details

  • 10,870 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Auto Driveway Gate
  • Controlled Entrance

Property Views

  • White Water Ocean
  • Panoramic
  • City Lights
  • Mountain
  • Park or Greenbelt

Interior Spaces

  • 2,935 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Home Office
  • Bonus Room
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Studio bedroom
  • Walk-In Closet
  • Fireplace in Bathroom

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4419-008-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,603

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2935
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bath, Living Room, Master Bedroom
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 3.50
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 816.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Rock
  • View: City, City Lights, Green Belt, Mountains, Ocean, Panoramic, Tree Top, Water, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Auto Driveway Gate, Controlled Entrance, Covered Parking, Direct Entrance, Driveway, Driveway Gate, Garage - 2 Car, Garage Is Attached, Gated, Private Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4419-008-024
  • Geocode Override: No
  • Lot Size Area: 10870

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
May 9, 2013
Sold by
Ross Claudia B and The Claudia B Ross Family Trus
Bought by
Chanin Richard H and The Rick Chanin Living Trust
Seller's Agent
Betty-Jo Tilley
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rick Chanin
Rodeo Realty - Pacific Palisades
List Price
$2,535,000
Sold Price
$2,100,000
Premium/Discount to List
-$435,000
-17.16%
Current Estimated Value
$3,458,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,358,396
Avg. Annual Appreciation
4.17%
Original Mortgage
$1,000,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2009
Sold by
Ross Claudia B
Bought by
Ross Claudia B and Claudia B Ross Family Trust

Purchase Details

Closed on
May 15, 2008
Sold by
Ross Peter W
Bought by
Ross Claudia B

Purchase Details

Closed on
Jun 15, 1998
Sold by
Ross Peter W and Ross Claudia B
Bought by
Ross Peter W and Peter & Claudia Ross Living Tr

Purchase Details

Closed on
Sep 18, 1995
Sold by
Nadine Mcnulty and Arnold Urquidez Propert
Bought by
Ross Peter W and Ross Claudia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
7.12%

Purchase Details

Closed on
Aug 25, 1994
Sold by
Mcnulty Nadine and The Mcnulty Trust
Bought by
Mcnulty Nadine and Arnold Urquidez Property Devel

Purchase Details

Closed on
Aug 6, 1993
Sold by
Williams Marjorie Joyce and Estate Of Joseph L Williams
Bought by
Mcnulty Nadine and Mcnulty Trust
Source: Public Records

Range of Values:

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Average Value
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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
Chanin Richard H $2,100,000 Lawyers Title Company
Ross Claudia B -- None Available
Ross Claudia B -- None Available
Ross Peter W -- --
Ross Peter W $960,000 --
Mcnulty Nadine -- First American Title
Mcnulty Nadine $425,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chanin Richard H $885,255
Previous Owner Chanin Richard H $1,000,000
Previous Owner Ross Peter W $935,000
Previous Owner Ross Peter W $791,500
Previous Owner Ross Peter W $768,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $2,100,000 -12.3% $716 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
03/11/2013 03/11/13 Price Changed $2,395,000 -5.5% $816 / Sq Ft
02/22/2013 02/22/13 For Sale $2,535,000 -- $864 / 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 $34,603 $2,732,928 $1,358,864 $1,374,064
2024 $34,603 $2,840,981 $1,480,244 $1,360,737
2023 $33,930 $2,785,276 $1,451,220 $1,334,056
2022 $32,346 $2,730,664 $1,422,765 $1,307,899
2021 $31,945 $2,677,122 $1,394,868 $1,282,254
2020 $32,278 $2,649,673 $1,380,566 $1,269,107
2019 $30,983 $2,597,720 $1,353,497 $1,244,223
2018 $30,873 $2,546,785 $1,326,958 $1,219,827
2016 $26,325 $2,184,492 $1,275,432 $909,060
2015 $25,937 $2,151,680 $1,256,274 $895,406
2014 $26,013 $2,109,533 $1,231,666 $877,867
Source: Public Records

Agents Affiliated with this Home

  • Betty-Jo Tilley

    Seller's Agent in 2013

    Betty-Jo Tilley

    Berkshire Hathaway HomeServices California Properties

    (310) 429-9833

    21 in this area

    40 Total Sales

    Betty-Jo Tilley
    Section Image
  • Rick Chanin

    Buyer's Agent in 2013

    Rick Chanin

    Rodeo Realty - Pacific Palisades

    (310) 780-3100

    1 in this area

    10 Total Sales

    Rick Chanin
    Section Image
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Map

Source: The MLS

MLS Number: 13-653409

The MLS

APN: 4419-008-024

California Los Angeles County Pacific Palisades 90272

850 Lachman Ln, Pacific Palisades, CA

This home is located at 850 Lachman Ln, Pacific Palisades, CA 90272 since 22 February 2013 and is currently estimated at $3,458,396, approximately $1,178 per square foot. This property was built in 1953. 850 Lachman Ln is a home located in Los Angeles County with nearby schools including Marquez Charter School, Paul Revere Charter Middle School, and Palisades Charter High.

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