See Home Value
$1,796,000 - $2,194,000
House - Off Market

1022 Tellem Dr

Pacific Palisades, CA 90272
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1881 Sqft
Sold Mar 29, 2024
$2,500,000
$2,000,000 by U.s. Bank National Association
Mortgage Due Apr 01, 2054

About This Property

This ranch-style, mid-century home in beautiful Marquez Knolls is situated on an over 10,000-square-foot corner lot and poses an opportunity to remodel or fully develop into your dream Pacific Palisades home. Guests are welcomed via the entry to the dining and kitchen area with vintage flare, featuring a vaulted, wood-beamed ceiling, wood paneling, and glass slider out to the side yard. The spacious and bright living room boasts a vaulted/beamed ceiling, a stone-clad fireplace, and direct access to the backyard. Down the hall are two generously sized bedrooms with vaulted ceilings and built-in closets - both share access to the hall bathroom with dual sink vanity, separate tub and shower. The primary suite boasts vaulted ceilings with wood beams, two closets, an ensuite bath with separate vanity area, and glass sliding doors out to the yard  bringing the sweeping views of the hills inside. Additional features include a newer furnace, generator, and an attached 2-car garage with washer and dryer area. Outside is a patio/walkway that wraps around the house and provides access to areas for planting and views of the neighborhood, hills, and canyon. Located on a quiet street minutes from Palisades Village's best shopping, dining and entertainment, and just moments from parks, hiking trails, beaches, and more.

The manager has listed the unit size as 1881 square feet.
Unit Size
1,881Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$1,061
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Mar 31, 2024 No longer available -
No longer available
Mar 13, 2024 In contract -
In contract
Feb 23, 2024 Listed $1,995,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,038
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 920
  • Total Building Area: 1,881
  • Building Area: 1,881
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,881
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 23393
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 23393 LOT/SEC 1

Ownership

  • Current Owner : KUSCHNIR ARI
  • Previous Owner : RAUSCH MARY ELLEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262604

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 40-B2
  • Subdivision Tract Number: 23393
  • Parcel: 4419-004-022
  • Lot: 1
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0548
  • Longitude: -118.546

    Address

  • Full Address: 1022 Tellem Dr
  • Address - House Number: 1022
  • Address - Street Name: Tellem
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C022
  • 4-Digit Zip Code: 2242
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,626
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 1,992,792
  • High Value: 2,128,010
  • Low Value: 1,857,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Mar 29, 2024
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,525
  • Assessed Land Value: $98,709
  • Assessed Improvements Value: $88,816

    Sales

  • Current Sale Contract Date: Mar 12, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Transaction ID: 11923326825
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 203801

    Last Sale Mortgage

  • First Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Mar 29, 2024
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Los Angeles


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 17366 W Sunset Blvd, Pacific Palisades, CA, 90272

$6,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,590 ft²
17366 W Sunset Blvd #302, Pacific Palisades, CA, 90272 Listing by Liubov Savoskin
Unit for rent at 1598 Michael Ln, PACIFIC PALISADES, CA, 90272

$6,100 /mo

  • 2 Beds
  • 3 Baths
  • 1,955 ft²
1598 Michael Ln, PACIFIC PALISADES, CA, 90272 Listing by Galina Ponomarev


Frequently Asked Questions

When was property at 1022 Tellem Drive built and last sold?
The property at 1022 Tellem Drive was built in 1959 and last sold on Mar 12, 2024 for $2,500,000.
How much is this home worth?
The estimated value of the home located at 1022 Tellem Drive is $2,016,085.
What are some comparable homes to 1022 Tellem Drive?
There are currently no comparable homes to 1022 Tellem Drive.

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