See Home Value
$3,252,559*
House - Off Market

16625 Marquez Ter

Pacific Palisades, CA 90272
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2506 Sqft
$2,601,000 - $3,179,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Nov 01, 2021
$2,850,000
$2,450,000 by Mortgage Note Capital Investor
Mortgage
Sold Sep 14, 2020
$2,850,000
$2,850,000 by Mortgage Note Capital Investor
Mortgage

About This Property

Come explore this 2,506 sq ft. 3bd plus den/office, 2 3/4 bath contemporary home remodeled in 2012 with impeccable attention to detail & finishes. Prime 7,400 sq ft. cul-de-sac lot offers serenity, while close proximity to Marquez Elementary and charming Marquez Village. As you enter you are greeted by an open floor plan with fireplace and Mahogany floors throughout the living room with a spacious side balcony, all opening up to gorgeous ocean views of the Queen's necklace, Palos Verdes Peninsula and Catalina Island. Home boasts well-proportioned rooms, a spacious balcony off the master allowing ocean breezes to fill the home, ample garden space, and indoor/outdoor living which is perfect for intimate gatherings and extraordinary entertaining. Chefs kitchen features stainless apps, granite countertops, prep island and spacious counter space. Ample storage throughout. Come experience coastal living at its best.

The manager has listed the unit size as 2506 square feet.
Unit Size
2,506Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$1,153
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold to Kevin Alan Sherrin, Kristy ... $2,850,000
Sold to Kevin Alan Sherrin, Kristy ...
Oct 6, 2021 No longer available -
No longer available
Sep 14, 2020 Sold $2,850,000
Sold
Aug 11, 2020 In contract -
In contract
Jul 19, 2020 Listed $2,890,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,399
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,247
  • Building Area: 2,247
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,247
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 17592
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 17592 LOT/SEC 2

Ownership

  • Current Owner : SHERRIN KEVIN ALAN
  • Current Owner 2: MOAWAD KRISTY SHERRIN
  • Previous Owner : SSK MARQUEZ LLC
  • Owner Before Previous Owner: GRISWOKI SCOTT A
  • Owner Before Previous Owner 2: THE GRISWOLD TRUST
  • 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-B3
  • Subdivision Tract Number: 17592
  • Parcel: 4419-014-002
  • Lot: 2
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0486
  • Longitude: -118.544

    Address

  • Full Address: 16625 Marquez Ter
  • Address - House Number: 16625
  • Address - Street Name: Marquez
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C029
  • 4-Digit Zip Code: 2806
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,501
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 3,059,314
  • High Value: 3,764,180
  • Low Value: 2,354,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,450,000
  • First Open Lien Mortgage Lender: MORTGAGE NOTE CAPITAL INVESTOR
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $2,450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,907,000
  • Assessed Land Value: $2,325,600
  • Assessed Improvements Value: $581,400

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11861864019
  • Current Sale Price: $2,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1633092
  • Previous Sale Recording Date: Sep 14, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $2,850,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NOTE CAPITAL INVESTOR
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $2,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE NOTE CAPITAL INVESTOR
  • Previous Mortgage Transaction Date: Sep 14, 2020
  • Previous Mortgage Loan Amount: $2,850,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



Comparables

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

About West Los Angeles


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Frequently Asked Questions

When was property at 16625 Marquez Terrace built and last sold?
The property at 16625 Marquez Terrace was built in 1953 and last sold on Oct 27, 2021 for $2,850,000.
How much is this home worth?
The estimated value of the home located at 16625 Marquez Terrace is $2,907,331.
What are some comparable homes to 16625 Marquez Terrace?
There are currently no comparable homes to 16625 Marquez Terrace.

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