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1771 Chastain Parkway East

1771 Chastain Parkway East, Pacific Palisades, CA 90272
Sold Nov 13, 2014
$3,885,000
$3,108,000 by Citibank Na
Mortgage Due Dec 01, 2044
Sold Mar 06, 2008
$3,800,000
$1,500,000 by American Internet Mortgage Inc
Mortgage Due Apr 01, 2038
1771 Chastain Parkway East in Pacific Palisades, CA was first built in 2005 and is 19 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 1771 Chastain Parkway East has 5,244 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 29,211 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1771 Chastain Parkway East was last sold in Oct 7, 2014 for $3,885,000. According to our calculations, that's $740.85 per sqft. Prior to that sales transaction, the property was sold for $3,800,000 in Feb 1, 2008. Current property owners are expected to pay $52,097 in taxes per year. The property on 1771 Chastain Parkway East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,487,871. To break that down further, the land itself was valued at $3,465,541. While improvements to the property were assessed at a total of $1,022,330. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 29,211
  • Total Building Area: 5,244
  • Building Area: 5,244
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,244
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 44651
  • Land Acres: 0.671
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=44651 EX OF ST LOT 16

Ownership

  • Current Owner : CERMAK JOHN FRANK
  • Previous Owner : GOULD MICHAEL S
  • Owner Before Previous Owner: FAZE MICHAEL
  • Owner Before Previous Owner 2: FAZE BARBARA PILAR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262601

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 30-B6
  • Subdivision Tract Number: 44651
  • Parcel: 4431-040-022
  • Lot: 16
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0732
  • Longitude: -118.547

    Address

  • Full Address: 1771 Chastain Pkwy E
  • Address - House Number: 1771
  • Street Segment Direction: E
  • Address - Street Name: Chastain
  • Address - Suffix Type: Pkwy
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C026
  • 4-Digit Zip Code: 1935
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $52,097
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 4,969,297
  • High Value: 6,091,320
  • Low Value: 3,847,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,108,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Nov 13, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,108,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,487,871
  • Assessed Land Value: $3,465,541
  • Assessed Improvements Value: $1,022,330

    Sales

  • Current Sale Contract Date: Oct 07, 2014
  • Current Sale Recording Date: Nov 13, 2014
  • Current Sale Transaction ID: 1008577028
  • Current Sale Price: $3,885,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-1208775
  • Previous Sale Recording Date: Mar 06, 2008
  • Previous Sale Contract Date: Feb 01, 2008
  • Previous Sale Amount: $3,800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Nov 13, 2014
  • First Mortgage Loan Amount: $3,108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 06, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2038

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 1771 Chastain Parkway East located in?
The 1771 Chastain Parkway East is a located in the neighborhood of Palisades Highlands in West Los Angeles, Pacific Palisades.
What is the average sales price for listings in 1771 Chastain Parkway East?
The average sales price for units in 1771 Chastain Parkway East is $0 currently.

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