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638 Palisades Drive

638 Palisades Drive, Pacific Palisades, CA 90272
Sold Apr 21, 2020
$1,919,000
$750,000 by Priority Financial Network
Mortgage Due May 01, 2050
Sold Jan 10, 2017
$1,650,000
$1,320,000 by Mufg Union Bank Na
Mortgage Due Feb 01, 2047
638 Palisades Drive in Pacific Palisades, CA was first built in 1995 and is 29 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 638 Palisades Drive has 2,308 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 137,922 square feet.

Learn more about the property and building on this page. 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. The quality of the control joints have been graded by the local assessor with a letter grade of D. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 638 Palisades Drive sold most recently in Mar 13, 2020 for a total of $1,919,000. If you work out the math, that's approximately a cost of $831.46 per sqft. Before that, the property was also sold for $1,650,000 in Nov 16, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $23,417 in taxes each year. The initial year of tax delinquency occurred in 2018. 638 Palisades Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,016,793. If we break it down further, the land itself was valued at $403,357. Improvements to the property, however, were assessed at a total of $1,613,436. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 137,922
  • Total Building Area: 2,308
  • Building Area: 2,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEA RIDGE
  • Land Acres: 3.166
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=41662 LOT 2 MODULE D UNIT 69

Ownership

  • Current Owner : WILLIAMS NATHANIEL
  • Current Owner 2: WILLIAMS VALERIE A
  • Previous Owner : JEFFERY LANCE
  • Previous Owner 2: MATHIS MALIA
  • Owner Before Previous Owner: LOGAN TODD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LARD3

Geography

  • Subdivision Tract Number: 41662
  • Parcel: 4419-015-195
  • Lot: 2
  • Municipality: WEST /N SM/PP/BRENT
  • Latitude: 34.049
  • Longitude: -118.552

    Address

  • Full Address: 638 Palisades Dr
  • Address - House Number: 638
  • Address - Street Name: Palisades
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C020
  • 4-Digit Zip Code: 2852
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,417
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,874,996
  • High Value: 2,307,412
  • Low Value: 1,442,579

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,236,930
  • First Open Lien Mortgage Lender: PRIORITY FINANCIAL NETWORK
  • First Open Lien Mortgage Recording Date: Apr 21, 2020
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: May 01, 2050
  • Second Open Lien Mortgage Lender: BANC OF CALIFORNIA NATIONAL AS
  • Second Open Lien Mortgage Recording Date: May 24, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $486,930
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,016,793
  • Assessed Land Value: $403,357
  • Assessed Improvements Value: $1,613,436

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Apr 21, 2020
  • Current Sale Transaction ID: 11758693960
  • Current Sale Price: $1,919,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0439724
  • Previous Sale Recording Date: Jan 10, 2017
  • Previous Sale Contract Date: Nov 16, 2016
  • Previous Sale Amount: $1,650,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIORITY FINANCIAL NETWORK
  • First Mortgage Transaction Date: Apr 21, 2020
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Jan 10, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 638 Palisades Drive located in?
The 638 Palisades Drive is a located in the neighborhood of Pacific Palisades in West Los Angeles, Pacific Palisades.
What is the average sales price for listings in 638 Palisades Drive?
The average sales price for units in 638 Palisades Drive is $0 currently.

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