$9,400,000
SOLD NOV 8, 2012

1010 Lexington Rd Beverly Hills, CA 90210

6 Beds
9 Baths
10,367 Sq Ft
0.88 Acres

Recently Sold

$907 Per Sq Ft

18% Below List Price

182 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • Heated In Ground Pool
  • Hawthorne Elementary School Rated A
  • Wine Cellar
  • Primary Bedroom Suite

About This Home

As of November 2012

Dramatic Architectural Contemporary tennis court estate on nearly one flat acre in prime Beverly Hills North of Sunset. Behind a gated motor court, an inspired Andrew Sussman, AIA original of 9,500 sq ft +/-. The inspirational living area with 20 foot-high pitched ceilings, a striking zinc fireplace and a split level gallery ideal for fine art, create an ultimate feeling of space and light. Beautiful oak floors intersect with expansive glass walls to soak in natural light. The cook's kitchen has a large breakfast area and a 1500 bottle wine room. The courtyard floor plan surrounding the stunning pool area comprised of a generous master suite wing with French doors leading to a secluded patio. The master bath is an architectural masterpiece with a wall of soaring windows looking out to the reflecting pond. The other wing has 2 bedrooms with en suite baths. The yard extends to a N-S tennis court and a detached 2bd + 2ba guest house. Entertain, relax, or reflect at this exclusive compound

Last Agent to Sell the Property

Jory Burton

Sotheby's International Realty License #01201321 Listed on: 04/09/2012

Sotheby's International Realty

Last Buyer's Agent

Ramesh Yedidsion

Carolwood Estates License #00832675

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $241,932

Lot Details

  • 0.88 Acre Lot
  • Property is zoned BHR1*

Home Design

  • Metal Roof

Interior Spaces

  • 10,367 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Library
  • Bonus Room
  • Center Hall
  • Courtyard Views
  • Security System Leased

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • 9 Bathrooms
  • Bathtub with Shower
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 11 Car Direct Access Garage
  • Carport
  • Side by Side Parking
  • Garage Door Opener
  • Gated Parking

Outdoor Features

  • Heated In Ground Pool
  • Tennis Courts
  • Open Patio
  • Built-In Barbecue

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4350-009-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$241,932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 10367
  • Stories: 1
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Den, Gas, Guest House, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood
  • Appliances: Built-In BBQ, Built-In Gas, Built-Ins, Cooktop - Gas
  • Bedrooms: 6
  • Fireplaces: 4
  • Bedroom Features: Master Suite, WalkInCloset
  • Bathroom Features: Powder Room, Shower and Tub, Steam Shower
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 964.12

Exterior Features

  • Tennis Court: North/South
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Metal
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Carport, Direct Entrance, Door Opener, Garage, Gated, Private Garage, Side By Side
  • Total Parking: 11

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Leased
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4350-009-019
  • Lot Size Area: 38220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Oct 10, 2012
Sold by
Shapiro Judith Salkow and Shapiro Martin Stephen
Bought by
1010 Lexington Affiliates Llc
Seller's Agent
Jory Burton
Sotheby's International Realty
Buyer's Agent
Ramesh Yedidsion
Carolwood Estates
List Price
$11,450,000
Sold Price
$9,400,000
Premium/Discount to List
-$2,050,000
-17.9%
Current Estimated Value
$8,217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,183,000
Avg. Annual Appreciation
-1.71%
Original Mortgage
$5,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $9,400,094 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Closed $12,500,000 New Conventional
Closed $5,000,000 New Conventional
Closed $5,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Rented $31,000 0.0% --
09/12/2016 09/12/16 For Rent $31,000 -38.0% --
06/29/2016 06/29/16 Rented $50,000 +69.5% --
06/10/2016 06/10/16 Price Changed $29,500 -4.8% $3 / Sq Ft
06/05/2016 06/05/16 For Rent $31,000 0.0% --
05/31/2016 05/31/16 Off Market $31,000 -- --
04/06/2016 04/06/16 Price Changed $31,000 +3.3% $3 / Sq Ft
04/05/2016 04/05/16 Price Changed $30,000 -3.2% $3 / Sq Ft
02/16/2016 02/16/16 Price Changed $31,000 -10.1% $3 / Sq Ft
01/06/2016 01/06/16 For Rent $34,500 0.0% --
11/08/2012 11/08/12 Sold $9,400,000 -6.0% $907 / Sq Ft
09/28/2012 09/28/12 Price Changed $9,995,000 -9.1% $964 / Sq Ft
06/22/2012 06/22/12 Price Changed $10,995,000 -4.0% $1,061 / Sq Ft
04/09/2012 04/09/12 For Sale $11,450,000 -- $1,104 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $241,932 $20,001,269 $9,078,885 $10,922,384
2023 $237,558 $19,609,088 $8,900,868 $10,708,220
2022 $236,749 $18,263,004 $8,726,342 $9,536,662
2021 $211,585 $17,904,907 $8,555,238 $9,349,669
2019 $157,330 $13,291,486 $8,301,486 $4,990,000
2018 $118,527 $10,173,361 $8,138,712 $2,034,649
2016 $113,784 $9,778,319 $7,822,677 $1,955,642
2015 $108,913 $9,631,441 $7,705,174 $1,926,267
2014 $105,238 $9,442,776 $7,554,241 $1,888,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-592801

The MLS

APN: 4350-009-019