See Home Value
$10,167,879*
House - Off Market

331 PALISADES AVE

SANTA MONICA, CA 90402
bedrooms
9 Beds
bathrooms
8 Baths, 1 Half Bath
square feet
6300 Sqft
$8,999,000 - $10,997,000
Reference Base Price*
1.70%
Since Jul 1, 2022
CA-Los Angeles
Primary Model
Sold Feb 17, 2023
$7,900,000
$3,000,000 by La Koi Pond
Mortgage Due Feb 17, 2053
Sold Dec 04, 2019
$4,000,000
$1,500,000 by Pacific Alliance Bank
Mortgage

About This Property

Marvel at this beautifully restored French Colonial Mansion. A truly rare opportunity to own a historical home N. of Montana Ave. This 1913 Italianate estate is positioned on a corner lot of approximately 17,500. The chef's kitchen opens to a resurfaced swimmers pool with spa. Artisan inspired crown moldings frame the living areas. Batchelder fireplace, mahogany pillars, doors and built in cabinets. Hardwood floors with inlay trim. Exterior columns with detailed capitals. Updated 2+1 guest house. Huge basement with 2 updated bathrooms. This property has been registered under Mills Act Property Tax Abatement Program.

The manager has listed the unit size as 6300 square feet.
Unit Size
6,300Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$1,587
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1913

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold $7,900,000
Sold
Jun 10, 2022 No longer available -
No longer available
May 17, 2022 Relisted $9,998,000
Relisted
May 11, 2022 In contract -
In contract
Apr 20, 2022 Price Decreased $9,998,000
↓ $2M (16.7%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,897
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,498
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,599
  • Gross Building Area: 4,599
  • Building Area: 4,599
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,599
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PALISADES TRACT
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE PALISADES LOT/SEC 38 BLK/DIV/TWN C

Ownership

  • Current Owner : SAN PASQUAL FIDUCIARY TRUST
  • Current Owner 2: ST AESOP TRUST
  • Previous Owner : BEACH HOUSE TRUST
  • Owner Before Previous Owner: TIEDEMANN HISAKO
  • Owner Before Previous Owner 2: THE HISAKO TIEDEMANN 2015 TRUS
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701304

Zoning

  • Zoning: SMR1*

Geography

  • Assessors Map Reference: 40-E6
  • Parcel: 4293-015-014
  • Block: C
  • Lot: 38
  • Municipality: WEST /MILLS ACT PCLS
  • Latitude: 34.0255
  • Longitude: -118.506

    Address

  • Full Address: 331 Palisades Ave
  • Address - House Number: 331
  • Address - Street Name: Palisades
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C010
  • 4-Digit Zip Code: 2735
  • Zip Code: 90402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,960
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 4,922,039
  • High Value: 5,875,934
  • Low Value: 3,968,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: LA KOI POND
  • First Open Lien Mortgage Recording Date: Feb 17, 2023
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • 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: Feb 17, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,767,600
  • Assessed Land Value: $1,282,000
  • Assessed Improvements Value: $485,600

    Sales

  • Current Sale Contract Date: Feb 09, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Transaction ID: 11902072803
  • Current Sale Price: $7,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 104584
  • Previous Sale Recording Date: Dec 04, 2019
  • Previous Sale Contract Date: Nov 22, 2019
  • Previous Sale Amount: $4,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LA KOI POND
  • First Mortgage Transaction Date: Feb 17, 2023
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC ALLIANCE BANK
  • Previous Mortgage Transaction Date: Dec 04, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,500,000



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2.5 Baths
5,783 ft²
$1,555/ft²
$8,995,000 Nov 16, 2022
-
-
House
4 Beds
5 Baths
4,800 ft²
$2,082/ft²
$9,995,000 Jan 30, 2023
-
-

About North of Montana


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Frequently Asked Questions

When was property at 331 Palisades Avenue built and last sold?
The property at 331 Palisades Avenue was built in 1913 and last sold on Feb 9, 2023 for $7,900,000.
How much is this home worth?
The estimated value of the home located at 331 Palisades Avenue is $10,097,980.
What are some comparable homes to 331 Palisades Avenue?
There are currently no comparable homes to 331 Palisades Avenue.

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