1582 Sorrento Dr Pacific Palisades, CA 90272

$8,000,000 Sold Price as of 04/08/2014

4 Beds
3 Baths
4,004 Sq.Ft.

Off Market

$8,000,000 Sold Price as of 04/08/2014 Refinance Your Mortgage

Map preview of 1582 Sorrento Dr, Pacific Palisades, CA 90272

Property Overview: 1582 Sorrento Dr Pacific Palisades, CA has 4 bedrooms, 3 bathrooms, 4,004 living square feet and 18,468 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1582 Sorrento Dr is currently an off market home in the city of Pacific Palisades. 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 Pacific Palisades has a median list price of $4,359,000. The median price per/sqft for Pacific Palisades is $1,358. With those numbers in mind, if you are looking to purchase a median priced home in Pacific Palisades, CA and put 20% down you will need to save up $871,800 for the down payment and will need roughly $87,180 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 Pacific Palisades the commission could be as much as $153,750. 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 1582 Sorrento Dr

Last sold for $8,000,000 on April 8th, 2014

April, 2014
Apr 8, 2014

Date

Sold (Public Records)

Public Records

$8,000,000

Price
February, 2004
Feb 24, 2004

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1582 Sorrento Dr

Assessed Value (2020): $9,020,962

Year	Land Value	Improved Value	Assessed Value
2020	$7,285,822	$1,735,140	$9,020,962

About 1582 Sorrento Dr

Detailed summary of property

1582 Sorrento Dr is a single family home in Pacific Palisades, CA 90272 and last sold on April 8, 2014 for $8,000,000. This house has 4 bedrooms, 3 bathrooms, roughly 4,004 living square feet, and sits on an approximately 18,468 square foot lot. Homes in Pacific Palisades are selling for a median price of $3,075,000 and a median price per square foot of $1,193. Based on Ardent Real Estate Group's Pacific Palisades Market Data, this home is sold 160.16% higher than the current median priced home. 1582 Sorrento Dr was last sold on April 8, 2014 for $8,000,000. Local nearby listings include 1379 Beckwith Ave, 142 S Rockingham Ave and 150 S Rockingham Ave. The average home in Pacific Palisades, CA is selling in 132 days. There are currently 140 homes for sale in the Pacific Palisades real estate market and 113 of them are single family homes while 15 of them are condos and 12 are townhomes. If you are the homeowner and looking to sell the home at 1582 Sorrento Dr Pacific Palisades, CA 90272 contact Ardent Real Estate Group and we will put you in touch with one of our Pacific Palisades agents.

Public Facts for 1582 Sorrento Dr

Public county record property details

Beds: 4
Baths: 3
Year built: 1949
Sq. Ft.: 4,004
Lot Size: 18,468
Stories: --

Type: Single Family Residential
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 73
APN: 4425-033-005

The source for these homes facts are from public records.

90272 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$4,498,000

Median List Price/Sq.Ft.

$1,348

Median Sold Price

$3,075,000

Median Sold Price/Sq.Ft.

$1,193

Total Inventory

141

Median Sale to List Price %

102.67%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (8.33%), Other (4.17%)

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(714) 706-1823

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