NOT LISTED FOR SALE

901 Muskingum Ave Pacific Palisades, CA 90272

Estimated Value: $5,390,000 - $8,163,153

6 Beds
6.5 Baths
6,700 Sq Ft
$961/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $5,700,000 $851 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $41,563/month

8 Days on Market

Highlights

  • Wine Cellar
  • Cape Cod Architecture
  • Fireplace in Primary Bedroom
  • Heated In Ground Pool
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of November 2016

Situated on one of the best streets in the Palisades, this private, gated estate offers 6 beds + office & 6.5 baths in 6,700 sq ft on a large 16,149 corner sq ft lot.This elegant traditional home features quality finishes such as wine cellar, custom cabinetry, French oak floors & custom moldings.The 2-story grand entry flows nicely into the formal living & dining rooms & sets the tone for the open floorplan. The gourmet kitchen offers Sub-Zero & Wolf appliances, walk-in pantry, butler's pantry & breakfast nook. Adjacent,the large family room w/fireplace opens to covered patio.On the other end,a private study connects to 2nd patio w/outdoor fireplace.Master features sitting room, custom walk-in closet & dual-sided fireplace leading to a luxurious bath.3-car garage & large driveway is a car collector's dream w/hookup for an electric vehicle.The spacious backyard features an outdoor kitchen,fireplace,pool,spa & expansive lawn. Close to beaches,hiking,parks,top schools & new Caruso project

Last Agent to Sell the Property

Anthony Marguleas

Amalfi Estates License #01173073 Listed on: 10/06/2016

Co-Listed By

Steven Moritz

Sotheby's International Realty License #00928961

Sotheby's International Realty

Last Buyer's Agent

Steven Moritz

Sotheby's International Realty License #00928961

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,579

Year Built

  • Built in 2016

Lot Details

  • 0.37 Acre Lot
  • Property is zoned LARE15

Parking

  • 3 Car Garage
  • Driveway
  • Automatic Gate

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 6,700 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Utility Room
  • Center Hall
  • Alarm System
  • Property Views

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Built by Providence Town Estates

Listing and Financial Details

  • Assessor Parcel Number 4420-003-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,579

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Builder Name: Providence Town Estates
  • Living Area: 6700
  • Stories: 2
  • Year Built: 2016
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bath, Exterior, Family Room, Fire Pit, Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Stone
  • Bedrooms: 6
  • Fireplaces: 5
  • Full Bathroom: 6
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Network Wire, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 894.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Spa: Heated with Gas, In Ground
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Driveway, Garage - 3 Car
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central
  • Security: Automatic Gate
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4420-003-004
  • Geocode Override: Yes
  • Lot Size Area: 16149

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Oct 18, 2016
Sold by
Medio 901 El
Bought by
Kraus Matthew and Kraus Solmaz
Seller's Agent
Anthony Marguleas
Amalfi Estates
Buyer's Agent
Steven Moritz
Sotheby's International Realty
List Price
$5,995,000
Sold Price
$5,700,000
Premium/Discount to List
-$295,000
-4.92%
Current Estimated Value
$6,438,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,718
Avg. Annual Appreciation
1.40%
Original Mortgage
$2,000,000
Outstanding Balance
$1,580,659
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,858,059

Purchase Details

Closed on
Feb 5, 2014
Sold by
Kuhl John H and The Kuhl Family Trust
Bought by
901 El Medio
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
Kraus Matthew $5,700,000 Lawyers Title
901 El Medio $2,728,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraus Matthew $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $5,700,000 -4.9% $851 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $5,995,000 -- $895 / 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 $78,579 $6,235,824 $3,133,581 $3,102,243
2024 $78,579 $6,485,623 $3,413,487 $3,072,136
2023 $77,038 $6,358,455 $3,346,556 $3,011,899
2022 $73,425 $6,233,781 $3,280,938 $2,952,843
2021 $72,546 $6,111,551 $3,216,606 $2,894,945
2020 $73,310 $6,048,885 $3,183,624 $2,865,261
2019 $70,354 $5,930,280 $3,121,200 $2,809,080
2018 $70,065 $5,814,000 $3,060,000 $2,754,000
2016 $33,981 $2,824,834 $2,259,847 $564,987
2015 $33,480 $2,782,403 $2,225,902 $556,501
2014 $33,576 $2,727,900 $2,300,000 $427,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-168898

The MLS

APN: 4420-003-004