NOT LISTED FOR SALE

956 Corsica Dr Pacific Palisades, CA 90272

Estimated Value: $5,684,000 - $11,472,005

4 Beds
5.5 Baths
6,289 Sq Ft
$1,299/Sq Ft Est. Value

Last Sold April 22, 2014

Last sale price $5,100,000 $811 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $50,701/month

17 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Spanish Architecture
  • Covered Patio or Porch
  • Wood Flooring
  • Sun or Florida Room
  • Attached Garage

About This Home

As of April 2014

Hancock Park style and cozy ambience in this legendary villa with 1920s Hollywood glamour. Grand living room has great charm, with tall Palladian windows and elegant fireplace, opens to loggia and gardens, as does the quaint formal dining room and bar area. An intimate library w/fireplace is ideal for quiet conversations or reading. Fabulous open, sky-lit kitchen with family dining area, is the heart of the home. An adjacent sitting area opens to the gardens. Four family bedroom suites up plus the loveliest sun room with fireplace. The romantic master has a fireplace, a stylish bath, 2 closets, and opens to a terrace with ocean views. The pretty sun-filled guest suite, with recently remodeled bath, is well-separated from the family quarters. There is also a spa/beauty salon upstairs. A lower level has been converted into incredible closet and storage space. Uniquely positioned for privacy and security, this timeless classic is ready for the next generation to make it their home.

Last Agent to Sell the Property

Mary Lu Tuthill

Coldwell Banker Realty License #00556630 Listed on: 03/07/2014

Coldwell Banker Realty

Co-Listed By

Kathleen Tuthill

Coldwell Banker Realty License #01373681

Last Buyer's Agent

James Respondek

Rodeo Realty - Pacific Palisades License #00713972

Rodeo Realty - Pacific Palisades

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,258

Year Built

  • Built in 1929

Lot Details

  • 0.3 Acre Lot
  • Property is zoned LARE11

Parking

  • Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 6,289 Sq Ft Home
  • 2-Story Property
  • Bar
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Dining Room
  • Library with Fireplace
  • Sun or Florida Room
  • Center Hall
  • Alarm System
  • Laundry Room
  • Property Views
  • Basement

Flooring

  • Wood
  • Carpet
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Additional Features

  • Covered Patio or Porch
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 4408-010-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,258

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 6289
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone, Vinyl
  • Bedrooms: 4
  • Fireplaces: 4
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 794.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached

Utilities

  • Heating: Gravity

Lot Info

  • Assessor Parcel Number: 4408-010-007
  • Geocode Override: No
  • Lot Size Area: 13013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Caster Andrew I and Caster Jacqueline J
Bought by
Caster Andrew I and Caster Jacqueline J
Current Estimated Value
$8,169,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$547,834
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$8,085,125

Purchase Details

Closed on
Dec 5, 2014
Sold by
Caster Andrew I and Caster Jacqueline J
Bought by
Andrew & Jacqueline Caster Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 7, 2014
Closed on
Mar 25, 2014
Sold by
Reeves Lily and The Sotira Trust
Bought by
Caster Andrew I and Caster Jacqueline J
Seller's Agent
Mary Lu Tuthill
Coldwell Banker Realty
Buyer's Agent
James Respondek
Rodeo Realty - Pacific Palisades
List Price
$4,999,000
Sold Price
$5,100,000
Premium/Discount to List
$101,000
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$1,000,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Caster Andrew I -- Accommodation
Caster Andrew I -- Westminster Title Company
Andrew & Jacqueline Caster Living Trust -- Nations Title Company
Caster Andrew I $5,100,051 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caster Andrew I $765,000
Closed Caster Andrew I $986,500
Closed Andrew & Jacqueline Caster Living Trust $990,000
Closed Caster Andrew I $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2014 04/22/14 Sold $5,100,000 +2.0% $811 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $4,999,000 -- $795 / 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 $74,258 $6,251,892 $4,885,919 $1,365,973
2024 $74,258 $6,129,307 $4,790,117 $1,339,190
2023 $72,803 $6,009,126 $4,696,194 $1,312,932
2022 $69,390 $5,891,301 $4,604,112 $1,287,189
2021 $68,552 $5,775,786 $4,513,836 $1,261,950
2019 $66,480 $5,604,475 $4,379,954 $1,224,521
2018 $66,270 $5,494,584 $4,294,073 $1,200,511
2016 $63,403 $5,281,225 $4,127,330 $1,153,895
2015 $62,465 $5,201,897 $4,065,334 $1,136,563
2014 $40,020 $3,238,028 $1,275,874 $1,962,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-742489

The MLS

APN: 4408-010-007