NOT LISTED FOR SALE

Estimated Value: $6,316,000 - $13,687,845

3 Beds
7 Baths
6,246 Sq Ft
$1,517/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $7,200,000 $1,153 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $60,036/month

100 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • Gated Parking
  • Warner Avenue Elementary Rated A
  • Cabana
  • 3-minute walk to De Neve Square Park

About This Home

As of November 2012

Nestled behind iron gates embraced by lush landscape, set back from the street for maximum privacy, is an extraordinary Paul Williams Classic Georgian Colonial in pristine condition. Set on apx. 1.3 acres of manicured & mature gardens, you enter through gates to the long winding driveway---passing by the lower swimming pool & TC w/full pavilion until you reach the first of two motor courts The marble foyer opens to numerous patios which offer endless possibilities for entertaining. From this foyer, you are lead to an elegant FDR, kitch. w/center island, a grand LR & charming den w/built in bar & FPL, for a perfect & cozy setting. From the entrance, a dramatic staircase leads to a Master w/Mr. & Mrs. baths along w/two addit. bdrms w/full baths. The 2nd level can also be accessed by an elevator. The ambiance is further enhanced with a second pool, 2 staff quarters, chauffer's quarters above 3 car garage + separate GH w/full bed & bath. This Estate is a rare offering at this price.

Last Agent to Sell the Property

John Woodward

John Woodward IV License #00513357 Listed on: 07/09/2012

Co-Listed By

Jade Mills

Coldwell Banker Realty License #00526877

Last Buyer's Agent

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $105,520

Year Built

  • Built in 1937

Lot Details

  • 1.21 Acre Lot
  • Lot Dimensions are 185x285
  • Property is zoned LARE40

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,246 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Center Hall
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 7 Bathrooms

Parking

  • 8 Car Garage
  • Side by Side Parking
  • Gated Parking
  • Uncovered Parking

Pool

  • Cabana
  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Lanai

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4359-010-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$105,520

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6246
  • Lot Dimensions: 185x285
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 3
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Elevator, Garbage Disposal
  • Price Per S Q F T: 1199.97

Exterior Features

  • Tennis Court: North/South, Private
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • View: Green Belt, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Gated, Private Garage, Side By Side, Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4359-010-009
  • Lot Size Area: 52823

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Oct 1, 2012
Sold by
Smith Gretchen Ponty and The Barbara M Knight Revocable
Bought by
Gilbert Dennis K and Gilbert Cynthia K
Seller's Agent
John Woodward
John Woodward IV
Buyer's Agent
Kurt Rappaport
Westside Estate Agency Inc.
List Price
$7,975,000
Sold Price
$7,200,000
Premium/Discount to List
-$775,000
-9.72%
Current Estimated Value
$9,477,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,277,948
Avg. Annual Appreciation
2.29%
Original Mortgage
$4,320,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Gilbert Dennis K $7,200,072 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Dennis J $10,000,000
Closed Gilbert Dennis J $10,000,000
Closed Gilbert Dennis J $2,834,250
Closed Gilbert Dennis J $2,745,000
Previous Owner Gilbert Dennis K $4,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $7,200,000 -3.9% $1,153 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
09/24/2012 09/24/12 Price Changed $7,495,000 -6.0% $1,200 / Sq Ft
07/09/2012 07/09/12 For Sale $7,975,000 -- $1,277 / 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 $105,520 $8,866,398 $7,093,148 $1,773,250
2024 $105,520 $8,692,548 $6,954,067 $1,738,481
2023 $103,454 $8,522,107 $6,817,713 $1,704,394
2022 $98,616 $8,355,008 $6,684,033 $1,670,975
2021 $97,449 $8,191,185 $6,552,974 $1,638,211
2019 $94,513 $7,948,232 $6,358,610 $1,589,622
2018 $93,893 $7,792,385 $6,233,932 $1,558,453
2016 $89,867 $7,489,800 $5,991,862 $1,497,938
2015 $88,537 $7,377,297 $5,901,859 $1,475,438
2014 $88,777 $7,232,787 $5,786,250 $1,446,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-611341

The MLS

APN: 4359-010-009