NOT LISTED FOR SALE

Estimated Value: $6,855,000 - $10,389,637

5 Beds
5.5 Baths
6,035 Sq Ft
$1,415/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $7,400,000 $1,226 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $54,451/month

61 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Gated Parking
  • Wine Cellar
  • Solar Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of September 2020

Evoking the beautiful art city of San Miguel de Allende this custom residence lives in the desirable Riviera neighborhood of Pacific Palisades. Situated within a lushly landscaped environ and perfectly private, it is also built like a fortress- yet open completely to the gorgeous outdoor settings. Rich raised wood ceilings & wide-planked wood floors create a very comfortable ambiance and pointedly luxurious. Covered inner courtyard features a fountain, FP and Outdoor Kitchen w/Grill & Bar is a favorite year-round setting. Other premium amenities: Surround-sound Theatre/Fam Lounge, chilled Wine Rm, Elevator, Rooftop Observatory, and Resort-like Pool & Spa -solar heated and saline purified. Fully gated, the grounds encircle the home affording numerous places to entertain or meditate with nature. Owner's Suite offers 2 separate Dressing Rms, spacious bath with 2 showers --indoor and outdoor ( ! ) , and double covered terraces. This is southern California living at its finest.

Last Agent to Sell the Property

Ernie Carswell

Sotheby's International Realty License #01111566 Listed on: 07/17/2020

Sotheby's International Realty

Co-Listed By

Christopher Pickett

Douglas Elliman License #01475927

Last Buyer's Agent

Victoria Massengale

Compass License #01397097

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $94,872

Year Built

  • Built in 2002

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 84x142
  • Property is zoned LARE11

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Ocean
  • City Lights

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 6,035 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Central Vacuum
  • Built-In Features
  • Bar
  • Wood Burning Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Center Hall
  • Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Gated Parking

Pool

  • Solar Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 4408-010-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$94,872

Year Built

Built in 2002

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Complex Name: Riviera Homeowners Association
  • Living Area: 6035
  • Lot Acreage: 0.3020
  • Lot Dimensions: 84x142
  • Stories: 1
  • Year Built: 2002
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Gas, Living Room, Master Bedroom, Patio, Wood Burning
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Central Vacuum, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Phone System, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Price Per S Q F T: 1317.32

Exterior Features

  • Other Structures: None
  • Pool Description: Heated, Solar Heat, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: City Lights, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance, Door Opener, Gated
  • Total Parking: 2

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 300.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4408-010-017
  • Lot Size Area: 13156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 18, 2020
Sold by
Broida Tara Daughrity and Bessemer Trust Company Of Cali
Seller's Agent
Ernie Carswell
Sotheby's International Realty
Buyer's Agent
Victoria Massengale
Compass
List Price
$7,950,000
Sold Price
$7,400,000
Premium/Discount to List
-$550,000
-6.92%
Current Estimated Value
$8,537,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,137,909
Avg. Annual Appreciation
2.91%
Original Mortgage
$4,000,000
Outstanding Balance
$3,565,818
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$4,957,841

Purchase Details

Closed on
Nov 9, 2011
Sold by
Broida Eric S
Bought by
Broida Eric S and Madison Trust

Purchase Details

Closed on
May 11, 2011
Sold by
Broida Tara
Bought by
Broida Eric S

Purchase Details

Closed on
Apr 11, 2011
Sold by
Caron Glenn Gordon and Caron Tina
Bought by
Broida Eric S and The Caron Family Trust

Purchase Details

Closed on
Mar 18, 2009
Sold by
Caron Glenn Gordon and Caron Tina
Bought by
Caron Glenn Gordon and Caron Tina

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
5.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 26, 2008
Sold by
Perren David A and The Olympia Trust
Bought by
Caron Glenn Gordon and Caron Tina

Purchase Details

Closed on
Jun 27, 2007
Sold by
Perren David A and The Olympia Trust
Bought by
Caron Glenn Gordon and Caron Tina

Purchase Details

Closed on
Aug 11, 2005
Sold by
Caron Glenn Gordon
Bought by
Perren David A and Olympia Trust

Purchase Details

Closed on
Feb 17, 2005
Sold by
Dugan Dennis Barton and Dugan Sharon Oconnor
Bought by
Caron Glenn Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2000
Sold by
Dugan Dennis B and Dugan Sharon O
Bought by
Dugan Dennis Barton and Dugan Sharon Oconnor
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
-- $7,400,000 Chicago Title Company
Broida Eric S -- None Available
Broida Eric S -- Chicago Title Company
Broida Eric S $5,690,000 Chicago Title Company
Caron Glenn Gordon -- Stewart Title Of California
Caron Glenn Gordon -- None Available
Caron Glenn Gordon -- None Available
Perren David A -- --
Caron Glenn Gordon -- Chicago Title
Dugan Dennis Barton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $4,000,000
Previous Owner Caron Glenn Gordon $1,000,000
Previous Owner Caron Glenn Gordon $2,000,000
Previous Owner Caron Glenn Gordon $885,000
Previous Owner Caron Glenn Gordon $3,000,000
Previous Owner Dugan Dennis Barton $500,000
Previous Owner Dugan Dennis Barton $1,500,000
Previous Owner Dugan Dennis Barton $200,000
Previous Owner Dugan Dennis Barton $992,000
Closed Caron Glenn Gordon $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $7,400,000 -6.9% $1,226 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $7,950,000 -- $1,317 / 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 $94,872 $8,009,994 $6,048,954 $1,961,040
2024 $94,872 $7,852,937 $5,930,348 $1,922,589
2023 $93,006 $7,698,959 $5,814,067 $1,884,892
2022 $88,633 $7,548,000 $5,700,066 $1,847,934
2021 $87,577 $7,400,000 $5,588,300 $1,811,700
2020 $80,602 $6,665,682 $4,451,598 $2,214,084
2019 $77,345 $6,534,983 $4,364,312 $2,170,671
2018 $77,109 $6,406,847 $4,278,738 $2,128,109
2016 $73,788 $6,158,064 $4,112,591 $2,045,473
2015 $72,694 $6,065,566 $4,050,817 $2,014,749
2014 $72,880 $5,946,751 $3,971,468 $1,975,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-604794

The MLS

APN: 4408-010-017