1038 Palisades Beach Rd Santa Monica, CA 90403

$8,000,000 Sold Price as of 10/15/2018

7 Beds
4 Baths
5,530 Sq.Ft.

Off Market

$8,000,000 Sold Price as of 10/15/2018 Refinance Your Mortgage

Map preview of 1038 Palisades Beach Rd, Santa Monica, CA 90403

Property Overview: 1038 Palisades Beach Rd Santa Monica, CA has 7 bedrooms, 4 bathrooms, 5,530 living square feet and 11,503 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1038 Palisades Beach Rd is currently an off market home in the city of Santa Monica. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Santa Monica has a median list price of $2,095,000. The median price per/sqft for Santa Monica is $1,243. With those numbers in mind, if you are looking to purchase a median priced home in Santa Monica, CA and put 20% down you will need to save up $419,000 for the down payment and will need roughly $41,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Santa Monica the commission could be as much as $85,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1038 Palisades Beach Rd

Last sold for $8,000,000 on October 15th, 2018

October, 2018
Oct 15, 2018

Date

Sold (Public Records)

Public Records

$8,000,000

Price
June, 2017
Jun 22, 2017

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1038 Palisades Beach Rd

Assessed Value (2020): $8,160,000

Year	Land Value	Improved Value	Assessed Value
2020	$5,208,222	$2,951,778	$8,160,000

About 1038 Palisades Beach Rd

Detailed summary of property

1038 Palisades Beach Rd is a single family home in Santa Monica, CA 90403 and last sold on October 15, 2018 for $8,000,000. This house has 7 bedrooms, 4 bathrooms, roughly 5,530 living square feet, and sits on an approximately 11,503 square foot lot. Homes in Santa Monica are selling for a median price of $1,700,000 and a median price per square foot of $1,121. Based on Ardent Real Estate Group's Santa Monica Market Data, this home is sold 370.59% higher than the current median priced home. 1038 Palisades Beach Rd was last sold on October 15, 2018 for $8,000,000. Local nearby listings include 814 S Amherst Ave #301, 12252 Dorothy St and 12218 Montana Ave #205. The average home in Santa Monica, CA is selling in 118 days. There are currently 249 homes for sale in the Santa Monica real estate market and 95 of them are single family homes while 112 of them are condos and 42 are townhomes. If you are the homeowner and looking to sell the home at 1038 Palisades Beach Rd Santa Monica, CA 90403 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Monica agents.

Public Facts for 1038 Palisades Beach Rd

Public county record property details

Beds: 7
Baths: 4
Year built: 1929
Sq. Ft.: 5,530
Lot Size: 11,503
Stories: --

Type: Single Family Residential
Pool: Yes
Spa: No
County: Los Angeles
Lot#: --
APN: 4292-032-001

The source for these homes facts are from public records.

90403 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,695,000

Median List Price/Sq.Ft.

$1,147

Median Sold Price

$1,600,000

Median Sold Price/Sq.Ft.

$1,088

Total Inventory

Median Sale to List Price %

94.23%

Avg Days on Market

Loan Type

Conventional (10%), FHA (0%), VA (0%), Cash (10%), Other (10%)

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(714) 706-1823

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