$6,319,079
SOLD MAR 22, 2019

1011 N Hillcrest Rd Beverly Hills, CA 90210

4 Beds
4 Baths
4,342 Sq Ft
0.5 Acres

Recently Sold

$1,455 Per Sq Ft

15% Below List Price

110 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Wood Flooring
  • Hawthorne Elementary School Rated A
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of March 2019

Live A Life Above It All! Located in the exclusive enclave of Trousdale Estates in the city of Beverly Hills is a tremendous DEVELOPMENT or RENOVATION opportunity. A gated 21,600+ square foot almost completely flat lots offers a vast canvas to reimagine the existing Mid-Century Home or create a new masterpiece. Property is also being offer with schematic design plans by RIOS CLEMENTI HALE STUDIOS for a two-level 13,760 modern residence. Plans are ready to submit to city for approval and include structural, civil engineering and geological investigations. Live A Life Above It All! Subject to Bankruptcy Court Approval.

Last Agent to Sell the Property

Linda May

Carolwood Estates License #00475038 Listed on: 11/02/2018

Carolwood Estates

Last Buyer's Agent

Sasha Arefi

Sasha Arefi License #01413582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,713

Year Built

  • Built in 1957

Lot Details

  • 0.5 Acre Lot
  • Property is zoned BHR1*

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • City Lights Views
  • Laundry Room

Flooring

  • Wood
  • Stone
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Attached Carport
  • Driveway
  • Automatic Gate

Additional Features

  • In Ground Pool
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4391-031-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,713

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Stone, Terrazzo
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Auto Driveway Gate, Carport Attached, Driveway
  • Total Parking: 6

Utilities

  • Cooling: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4391-031-059
  • Geocode Override: No
  • Lot Size Area: 21629

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Swall Heights Llc
Bought by
Arefi Abolhassan
Current Estimated Value
$9,316,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,157,000
Outstanding Balance
$4,750,890
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,154,794

Purchase Details

Closed on
Aug 12, 2020
Sold by
Arefi Monika
Bought by
Arefi Abolhassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,157,000
Outstanding Balance
$4,750,890
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,154,794

Purchase Details

Listed on
Nov 2, 2018
Closed on
Feb 25, 2019
Sold by
Wb 1011 Hillcrest Llc
Bought by
Swall Heights Llc
Seller's Agent
Linda May
Carolwood Estates
Buyer's Agent
Sasha Arefi
Sasha Arefi
List Price
$7,450,000
Sold Price
$6,319,079
Premium/Discount to List
-$1,130,921
-15.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$5,055,263
Interest Rate
4.3%

Purchase Details

Listed on
Nov 2, 2018
Closed on
Feb 15, 2019
Sold by
Graeme Park Investments Llc
Bought by
Wb 101 Hill Crest Llc
Seller's Agent
Linda May
Carolwood Estates
Buyer's Agent
Sasha Arefi
Sasha Arefi
List Price
$7,450,000
Sold Price
$6,319,079
Premium/Discount to List
-$1,130,921
-15.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,055,263
Interest Rate
4.3%

Purchase Details

Closed on
Apr 11, 2017
Sold by
Dowad June M
Bought by
Graeme Park Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,650,000
Interest Rate
3.94%

Purchase Details

Closed on
Feb 19, 2008
Sold by
Dowad June M and Dowad Bruce
Bought by
Dowad June M and Dowad Bruce

Purchase Details

Closed on
Jun 16, 2005
Sold by
Dowad G Bruce
Bought by
Dowad June M and Dowad Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1998
Sold by
Dowad G Bruce
Bought by
Dowad June M and Dowad Bruce

Purchase Details

Closed on
Jan 14, 1994
Sold by
Dowad June
Bought by
Dowad G Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.25%

Purchase Details

Closed on
Jan 4, 1994
Sold by
Big Acorn Properties Inc
Bought by
Dowad G Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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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
Warranty Deed -- First Amer Ttl Co Los Angele
Warranty Deed -- First Amer Ttl Co Los Angele
Warranty Deed $6,319,500 Fidelity National Title
Warranty Deed -- Fidelity National Title
Warranty Deed $9,500,000 None Available
Warranty Deed -- Provident Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity Van Nuys
Interfamily Deed Transfer -- --
Quit Claim Deed -- Equity Title Company
Grant Deed $1,030,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,157,000 Purchase Money Mortgage
Previous Owner $5,055,263 No Value Available
Previous Owner $6,650,000 No Value Available
Previous Owner $624,100 Adjustable Rate Mortgage/ARM
Previous Owner $650,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $600,000 New Conventional
Previous Owner $650,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Rented $26,000 -1.9% --
05/24/2023 05/24/23 For Rent $26,500 0.0% --
03/22/2019 03/22/19 Sold $6,319,079 -15.2% $1,455 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $7,450,000 -- $1,716 / 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 $90,713 $7,520,779 $5,640,320 $1,880,459
2023 $89,071 $7,373,314 $5,529,726 $1,843,588
2022 $86,516 $7,228,740 $5,421,300 $1,807,440
2021 $77,332 $6,512,234 $4,558,279 $1,953,955
2020 $77,077 $6,445,460 $4,511,540 $1,933,920
2019 $117,144 $9,883,799 $6,423,949 $3,459,850
2018 $112,599 $9,690,000 $6,297,990 $3,392,010
2016 $18,951 $1,617,935 $1,214,301 $403,634
2015 $18,147 $1,593,634 $1,196,062 $397,572
2014 $17,557 $1,562,418 $1,172,633 $389,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-403586

The MLS

APN: 4391-031-059