NOT LISTED FOR SALE

Estimated Value: $6,781,000 - $36,521,732

5 Beds
6.5 Baths
10,196 Sq Ft
$2,124/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $24,000,000 $2,354 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $159,091/month

51 Days on Market

Highlights

  • Tennis Courts
  • Home Theater
  • Gated Parking
  • Warner Avenue Elementary Rated A
  • Cabana
  • 74,674 Sq Ft lot

About This Home

As of November 2017

Impressive structure on a massive 1.7 acre flat lot right on the 50 yard line of lower Bel Air East Gate. The residence has major downstairs rooms with extraordinarily high ceilings. Impressive two story entry with dramatic dome, huge living room with beamed ceilings, enormous family room with double height ceilings, paneled family room and office. Master bedroom with his and hers bathrooms plus gentleman's office. Two additional large bedrooms with baths. 2 maids and baths private from the family quarters. Large pool and 2 cabanas, lighted tennis court and pavilion with wet bar. House is now about 10k sq ft and can be remodeled or, according to Underbuilt, the land will hold a new 30k sq ft house. This is a major opportunity in the finest location of Bel Air.

Last Agent to Sell the Property

Richard Ehrlich

Carolwood Estates License #01267136 Listed on: 09/11/2017

Carolwood Estates

Co-Listed By

Stephen Shapiro

Westside Estate Agency Inc. License #00388759

Last Buyer's Agent

Heidi Tabib

Beverly Hills Best Realty License #00952071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $493,430

Year Built

  • Built in 1927

Lot Details

  • 1.71 Acre Lot
  • Gated Home
  • Property is zoned LARE20

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 10,196 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Dining Area
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Home Gym
  • Oven or Range
  • Center Hall
  • Alarm System
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters

Parking

  • 25 Car Attached Garage
  • Gated Parking

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4362-020-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$493,430

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 10196
  • Lot Dimensions: A1.71
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Mixed, Stone
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 6
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2941.84

Exterior Features

  • Tennis Court: North/South
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Tile
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car, Gated
  • Total Parking: 25

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4362-020-016
  • Geocode Override: No
  • Lot Size Area: 74674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2018
Sold by
Fiore Jd Llc
Bought by
Fiore Jd Llc and Tomo Jd Llc
Current Estimated Value
$21,651,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2017
Closed on
Nov 6, 2017
Sold by
Anderson William S
Bought by
Fiore Jd Llc and Tomo Jd Llc
Seller's Agent
Richard Ehrlich
Carolwood Estates
Buyer's Agent
Heidi Tabib
Beverly Hills Best Realty
List Price
$35,000,000
Sold Price
$24,000,000
Premium/Discount to List
-$11,000,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.35%

Purchase Details

Listed on
Sep 11, 2017
Closed on
Oct 30, 2017
Sold by
Anderson William S
Bought by
Anderson William S and Munzig Judith G
Seller's Agent
Richard Ehrlich
Carolwood Estates
Buyer's Agent
Heidi Tabib
Beverly Hills Best Realty
List Price
$35,000,000
Sold Price
$24,000,000
Premium/Discount to List
-$11,000,000
-31.43%

Purchase Details

Closed on
Feb 10, 2009
Sold by
Anderson John E
Bought by
Anderson John E and Anderson Marion
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fiore Jd Llc -- First American Title Company
Fiore Jd Llc $24,000,000 First American
Anderson William S -- First American Title Co Los
Anderson John E -- None Available
Anderson John E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiore Jd Llc $10,000,000
Closed Fiore Jd Llc $10,000,000
Closed Fiore Jd Llc $10,000,000
Closed Fiore Jd Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $24,000,000 -20.0% $2,354 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/19/2017 10/19/17 Price Changed $29,995,000 -14.3% $2,942 / Sq Ft
09/11/2017 09/11/17 For Sale $35,000,000 -- $3,433 / 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 $493,430 $41,776,540 $26,738,988 $15,037,552
2024 $493,430 $40,957,394 $26,214,695 $14,742,699
2023 $322,754 $26,736,870 $25,700,682 $1,036,188
2022 $307,600 $26,212,619 $25,196,748 $1,015,871
2021 $304,018 $25,698,647 $24,702,695 $995,952
2019 $289,389 $24,480,000 $23,970,000 $510,000
2018 $288,214 $24,000,000 $23,500,000 $500,000
2017 $15,746 $1,229,335 $420,382 $808,953
2016 $15,256 $1,205,232 $412,140 $793,092
2015 $15,042 $1,187,130 $405,950 $781,180
2014 $15,119 $1,163,876 $397,998 $765,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-268872

The MLS

APN: 4362-020-016