NOT LISTED FOR SALE

862 Hartzell St Pacific Palisades, CA 90272

Estimated Value: $3,634,000 - $4,737,823

4 Beds
3.5 Baths
3,539 Sq Ft
$1,153/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $3,840,000 $1,085 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $26,348/month

82 Days on Market

Highlights

  • Room in yard for a pool
  • Family Room with Fireplace
  • Wood Flooring
  • Mountain View
  • Traditional Architecture
  • Bonus Room

About This Home

As of July 2020

If you're looking for that once in a lifetime opportunity to purchase a turnkey traditional home on an over-sized lot with a park like backyard, this is it! Located in the heart of the Palisades in the highly coveted Alphabet Streets, this beloved 2005 custom built home is mere steps from the Caruso Village, Palisades Park, and minutes to the beach and local schools. Offering Craftsman touches throughout the pristine open floorplan, the downstairs flow to the beautiful outdoor patios are perfect for entertaining and dining al fresco. There is a 4th bedroom down with full bath and sliding doors to a private patio. Upstairs you will find 3 bedrooms plus an office/nursery/gym/possible 5th bedroom. The master suite includes a spacious bath with separate shower/tub, double sinks, and a walk-in closet. There are beautiful mountain views out most bedroom windows where you can catch a spectacular sunset. A special offering with endless possibilities.

Last Agent to Sell the Property

Susan Montgomery

Sotheby's International Realty License #01269732 Listed on: 03/05/2020

Sotheby's International Realty

Last Buyer's Agent

Katy Landrum

Compass License #01717061

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,889

Year Built

  • Built in 2004

Lot Details

  • 7,801 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Direct Access Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,539 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Bonus Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4423-026-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,889

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3539
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Hardwood, Stone Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1128.85

Exterior Features

  • Other Structures: None
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4423-026-041
  • Geocode Override: No
  • Lot Size Area: 7801

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jun 2, 2020
Sold by
Leveque John Paul and Leveque Marisa Elizabeth
Bought by
Bierman James Merwin and Bierman Dina F
Seller's Agent
Susan Montgomery
Sotheby's International Realty
Buyer's Agent
Katy Landrum
Compass
List Price
$3,995,000
Sold Price
$3,840,000
Premium/Discount to List
-$155,000
-3.88%
Current Estimated Value
$4,080,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,608
Avg. Annual Appreciation
1.84%
Original Mortgage
$3,000,000
Outstanding Balance
$2,670,989
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,549,285

Purchase Details

Closed on
Jul 24, 2018
Sold by
Veque John Paul Le
Bought by
Veque John Paul Le and Veque Marisa Elizabeth Paoli Le

Purchase Details

Closed on
Aug 30, 2016
Sold by
Lohmann Michael R
Bought by
Leveque John Paul and Leveque Marisa Elizabeth Paoli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,876,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 21, 2007
Sold by
Lohmann Michael and Lohmann Tsianina
Bought by
Lohmann Michael R and Lohmann Tsianina M

Purchase Details

Closed on
Apr 27, 2005
Sold by
862 Hartzell Corp
Bought by
Lohmann Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
New Conventional
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
Bierman James Merwin $3,840,000 Old Republic Title Company
Veque John Paul Le -- None Available
Paoli Leveque Marisa Elizabeth -- None Available
Leveque John Paul $3,595,000 Old Republic Title Company
Lohmann Michael R -- Fidelity National Title Co
Lohmann Michael $2,650,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bierman James Merwin $3,000,000
Previous Owner The John And Marisa Leveque Living Trust $2,600,000
Previous Owner Leveque John Paul $2,696,250
Previous Owner Leveque John Paul $2,876,000
Previous Owner Lohmann Michael $2,385,000
Previous Owner Lohmann Michael $1,500,000
Previous Owner Lohmann Michael $1,500,000
Previous Owner 862 Hartzell Corp $500,000
Previous Owner 862 Hartzell Corp $139,931
Previous Owner Hartzell Corp $1,383,000
Previous Owner 862 Hartzell Corp $346,500
Closed Lohmann Michael $885,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $3,840,000 -3.9% $1,085 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $3,995,000 0.0% $1,129 / Sq Ft
06/18/2015 06/18/15 Rented $14,500 -3.3% --
06/01/2015 06/01/15 Under Contract -- -- --
05/18/2015 05/18/15 For Rent $15,000 -- --
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 $49,889 $2,113,272 $2,113,272 --
2024 $49,889 $4,117,252 $3,187,440 $929,812
2023 $48,913 $4,036,523 $3,124,942 $911,581
2022 $46,620 $3,957,376 $3,063,669 $893,707
2021 $46,061 $3,879,782 $3,003,598 $876,184
2020 $46,247 $3,815,041 $2,509,437 $1,305,604
2019 $44,383 $3,740,237 $2,460,233 $1,280,004
2018 $44,216 $3,666,900 $2,411,994 $1,254,906
2017 $43,248 $3,595,000 $2,364,700 $1,230,300
2016 $37,412 $3,120,364 $2,178,369 $941,995
2015 $36,858 $3,073,494 $2,145,648 $927,846
2014 $36,956 $3,013,289 $2,103,618 $909,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-561108

The MLS

APN: 4423-026-041