NOT LISTED FOR SALE

Estimated Value: $6,086,000 - $7,343,587

6 Beds
7 Baths
9,291 Sq Ft
$728/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $5,550,000 $597 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $43,941/month

242 Days on Market

Highlights

  • Tennis Courts
  • Wine Cellar
  • Heated In Ground Pool
  • Rio Vista Elementary Rated A-
  • Home Theater
  • Rooftop Deck

About This Home

As of December 2017

Walled & gated with complete privacy prominently positioned adjacent to prestigious Lakeside Golf Club sits this 9300 sf one-of-a-kind estate showcasing the highest quality construction w/total attention to detail. 6 large bedrooms. (4 up, 2 down w/spacious optional home office wing-separate entrance) 7 baths. Circular 2-story foyer Dramatic center hall w/dome ceiling. 6 fireplaces. 2 staircases. Wood plank/stone floors. Control 4 smart home. Inviting formal rooms. Screening room. Library. Wine cellar. Bar. Bell tower. Spa-inspired master suite w/2 fireplaces & private outdoor veranda. Tremendous sun drenched chef's kitchen & family room w/walls of glass open to the backyard. Fabulous outdoor living spaces; courtyard fountain, covered loggia, swimmers pool/spa, outdoor kitchen, meditation garden, grass yard, basketball court. 3-car garage. Perfectly located near major studios, downtown, Westside. Designed by famed Montecito architect Bob Easton AIA. Furnishings may be sold separately.

Last Agent to Sell the Property

Scott Sorrentino

Rodeo Realty License #00973692 Listed on: 01/25/2017

Rodeo Realty

Co-Listed By

Lisa Sorrentino

License #00974656

Last Buyer's Agent

Jefferson Hendrick

Christie's International Real Estate SoCal License #01409501

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,323

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 0.54 Acre Lot
  • South Facing Home
  • Gated Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned LARE11

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Auto Driveway Gate
  • Driveway
  • Guest Parking
  • Controlled Entrance

Property Views

  • Park or Greenbelt
  • Courtyard

Home Design

  • Spanish Architecture
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 9,291 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • 6 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den with Fireplace
  • Library with Fireplace
  • Game Room with Fireplace
  • Bonus Room
  • Conservatory Room
  • Center Hall
  • Alarm System
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Dumbwaiter
  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Range Hood
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 7 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Spa Bath
  • Linen Closet In Bathroom

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Spa

Outdoor Features

  • Tennis Courts
  • Basketball Court
  • Sport Court
  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Lanai
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating
  • Property is located within a water district
  • Central Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Nile Niami
  • Montecito

Listing and Financial Details

  • Assessor Parcel Number 2424-021-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,323

Year Built

Built in 2007 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Walled & gated with complete privacy prominently positioned adjacent to prestigious Lakeside Golf Club sits this 9300 sf one-of-a-kind estate showcasing the highest quality construction w/total attention to detail. 6 large bedrooms. (4 up, 2 down w/spacious optional home office wing-separate entrance) 7 baths. Circular 2-story foyer Dramatic center hall w/dome ceiling. 6 fireplaces. 2 staircases. Wood plank/stone floors. Control 4 smart home. Inviting formal rooms. Screening room. Library. Wine cellar. Bar. Bell tower. Spa-inspired master suite w/2 fireplaces & private outdoor veranda. Tremendous sun drenched chef's kitchen & family room w/walls of glass open to the backyard. Fabulous outdoor living spaces; courtyard fountain, covered loggia, swimmers pool/spa, outdoor kitchen, meditation garden, grass yard, basketball court. 3-car garage. Perfectly located near major studios, downtown, Westside. Designed by famed Montecito architect Bob Easton AIA. Furnishings may be sold separately.
  • Builder Model Name: Montecito
  • Builder Name: Nile Niami
  • Disability Access: 2+ Access Exits, 36 inch or more wide halls, 7 foot or more high garage door(s), Wheelchair Adaptable
  • Entry Location: Foyer
  • Living Area: 9291
  • Lot Acreage: 0.5400
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2007
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Beamed Ceiling(s), Cathedral-Vaulted Ceilings, Coffered Ceiling(s), Crown Moldings, Dumbwaiter, High Ceilings (9 Feet+), Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Storage Space, Two Story Ceilings, Wet Bar
  • Fireplace Rooms: Den, Family Room, Game Room, Library, Living Room, Master Bedroom, Master Retreat
  • Flooring: Hardwood, Stone
  • Appliances: Built-In And Free Standing, Microwave, Range Hood
  • Bedrooms: 6
  • Fireplaces: 6
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Main Floor Bedroom, Master Suite, WalkInCloset
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Nook, Dining Area, Family Kitchen, Family Room, Formal Dining Rm, In Kitchen
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Open to Family Room, Pantry, Remodeled
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 644.49
  • Windows: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony, Barbecue Private, Custom Built, Double Door Entry, French Doors, High Ceilings (9 Feet+), Rain Gutters, Sprinkler System
  • Tennis Court: Basketball, Private Sport Court
  • Tennis Court Y/N: Yes
  • Fence: Block, Wrought Iron
  • Patio: Covered, Deck(s), Lanai, Porch, Roof Top Deck
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Roof: Spanish Tile
  • Spa: Bath Tub, Gunite, Heated, Private
  • Spa Yn: Yes
  • View: Courtyard, Green Belt, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Built-In Storage, Controlled Entrance, Direct Entrance, Driveway - Pavers, Driveway Gate, Garage - 3 Car, Garage Is Attached, Parking for Guests - Onsite, Private Garage
  • Total Parking: 10

Utilities

  • TV Svcs: Cable TV
  • Water District: DWP
  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Gated, Prewired for alarm system, T.V.
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2424-021-019
  • Geocode Override: No
  • Lot Description: Automatic Gate, Back Yard, Fenced, Front Yard
  • Lot Location: Flats
  • Lot Size Area: 23476

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Oct 26, 2017
Sold by
Najarian David B
Bought by
The Oam Trust
Seller's Agent
Scott Sorrentino
Rodeo Realty
Buyer's Agent
Jefferson Hendrick
Christie's International Real Estate SoCal
List Price
$6,195,000
Sold Price
$5,550,000
Premium/Discount to List
-$645,000
-10.41%
Current Estimated Value
$6,912,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,362,547
Avg. Annual Appreciation
2.61%
Original Mortgage
$3,885,000
Outstanding Balance
$3,192,536
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,575,660

Purchase Details

Closed on
Apr 24, 2007
Sold by
Woodbridge Fine Home Estates
Bought by
Najarian David B and Najarian Kristie Banken
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Oam Trust $5,550,000 Lawyers Title
Najarian David B -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Oam Trust $3,885,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2017 12/05/17 Sold $5,550,000 -7.3% $597 / Sq Ft
09/24/2017 09/24/17 Pending -- -- --
07/01/2017 07/01/17 Price Changed $5,988,000 -0.1% $644 / Sq Ft
04/20/2017 04/20/17 Price Changed $5,995,000 -3.2% $645 / Sq Ft
01/25/2017 01/25/17 For Sale $6,195,000 -- $667 / 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
2025 $75,323 $6,314,949 $5,177,122 $1,137,827
2024 $75,323 $6,191,127 $5,075,610 $1,115,517
2023 $73,849 $6,069,734 $4,976,089 $1,093,645
2022 $70,391 $5,950,720 $4,878,519 $1,072,201
2021 $69,526 $5,834,040 $4,782,862 $1,051,178
2019 $67,429 $5,661,000 $4,641,000 $1,020,000
2018 $67,082 $5,550,000 $4,550,000 $1,000,000
2017 $0 $6,464,500 $4,309,300 $2,155,200
2016 $77,605 $6,464,500 $4,309,300 $2,155,200
2015 $63,734 $5,300,000 $3,533,000 $1,767,000
2014 $57,928 $4,706,000 $3,137,000 $1,569,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-196508

The MLS

APN: 2424-021-019