NOT LISTED FOR SALE

Estimated Value: $5,102,000 - $6,161,000

6 Beds
6.5 Baths
5,040 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $5,355,000 $1,062 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $35,444/month

12 Days on Market

Highlights

  • Detached Guest House
  • New Construction
  • Gourmet Kitchen
  • Overland Avenue Elementary School Rated A
  • Solar Power System
  • Primary Bedroom Suite

About This Home

As of May 2022

Impeccable brand new Cheviot Hills Contemporary Mediterranean home perched on an exceptionally large 8600+ sf lot. The estate offers tree-top peek-a-boo city views while the stately and elevated front entry creates both a sense of privacy and space. The grand entry features soaring high ceilings and sweeping wide planked oak wood floors. The modern and architecturally smart design offers plenty of natural light throughout the entire house. Main level of the home includes flex space living room/library/den, elegant dining room, guest suite/office, butlers pantry and astounding great room adjacent to an absolutely stunning "beyond gourmet kitchen" that features game changing double islands, along with double-sized paneled Thermador refrigerator, wine fridge and Thermador range/stove. Experience the indoor/outdoor lifestyle with sliding glass doors leading to the gracious lush and green back yard, with plenty of room for a pool. The property is complete with a fabulous ADU. The 860 sq ft ADU, with separate address, features Living room, gourmet kitchen with Bosch appliances , bedroom, bath, and laundry with great architectural style. Mature hedges and rolling lawn create a perfect sanctuary for the outdoor living spaces. Second story features 4 ensuite bedrooms, primary room with an opulent spa-like bath boasting an oversized shower, soaking tub, huge walk-in closet overlooking the private grassy yard. Pre-wired throughout with Control 4 System Smart Home, 2kWdc hybrid solar/hvac system with smart thermostats in every habitable room. Excellent Proximity to Expo Line, Westwood Greenway, Century City, UCLA, Freeways, Overland Elementary, Google Campus, Shopping, etc. AGENTS: SEE PRIVATE REMARKS

Last Agent to Sell the Property

Jae Wu

Heyler Realty License #01147016 Listed on: 03/20/2022

Last Buyer's Agent

Shane McCoy Fermelia

Carolwood Estates License #02092572

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,169

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,617 Sq Ft Lot
  • Lot Dimensions are 62x140
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 5,040 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Center Hall
  • Engineered Wood Flooring
  • City Lights Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Prewired Security
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Solar Power System
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4318-010-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,169

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 5040
  • Lot Acreage: 0.1978
  • Lot Dimensions: 62x140
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2022
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: 220V Throughout, Built-Ins, Recessed Lighting, Drywall Walls, High Ceilings (9 Feet+), Home Automation System, Open Floor Plan, Pre-wired for high speed Data, Pre-wired for surround sound, Storage Space, Turnkey, Coffered Ceiling(s)
  • Flooring: Engineered Hardwood
  • Appliances: Cooktop - Gas, Double Oven, Oven, Oven-Gas, Built-In And Free Standing
  • Bedrooms: 6
  • Fireplaces: 0
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, WalkInCloset, All Bedrooms Up, Main Floor Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Shower and Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Family Kitchen, Formal Dining Rm, In Kitchen
  • Kitchen Features: Island, Open to Family Room, Gourmet Kitchen, Quartz Counters, Pantry
  • Laundry: Inside, On Upper Level, Room
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Garbage Disposal, Freezer, Gas Or Electric Dryer Hookup, Microwave, Network Wire, Dishwasher, Ceiling Fan, Built-Ins, Solar Panels, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 1050.60
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Sliding Glass Doors, Sprinkler System, Rain Gutters, High Ceilings (9 Feet+), Energy Efficient
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Block, Wood
  • Guest House: Detached
  • Patio: Porch - Front, Patio Open, Tile
  • Pool Description: Room For
  • Pool: No
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Door Opener, Driveway, Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Side By Side
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Multi/Zone, Central
  • Heating: Central, Forced Air
  • Security: Prewired for alarm system, Fire Sprinklers, Exterior Security Lights, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4318-010-015
  • Lot Description: Back Yard, Fenced, Front Yard, Landscaped, Lawn
  • Lot Size Area: 8617

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 29, 2020
Sold by
Flannery Mauree Magers and Minerva Magers Living Trust
Bought by
Wrv Putney Llc
Seller's Agent
Jae Wu
Heyler Realty
Buyer's Agent
Jae Wu
Heyler Realty
List Price
$2,199,000
Sold Price
$1,775,000
Premium/Discount to List
-$424,000
-19.28%
Current Estimated Value
$5,477,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,702,944
Avg. Annual Appreciation
24.00%

Purchase Details

Closed on
Jun 5, 2018
Sold by
Magers Minerva
Bought by
Magers Minerva and Minerva Magers Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2018
Sold by
Magers Minerva
Bought by
Magers Minerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1996
Sold by
Magers Minerva
Bought by
Magers Minerva and Minerva Magers Living Trust
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
Wrv Putney Llc $1,775,000 Provident Title Company
Magers Minerva -- None Available
Magers Minerva -- None Available
Magers Minerva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mount Saint Marys University $4,000,000
Closed Wrv Putney Llc $2,178,000
Previous Owner Magers Minerva $225,000
Previous Owner Magers Minerva J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $5,355,000 +1.1% $1,063 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $5,295,000 +198.3% $1,051 / Sq Ft
03/06/2020 03/06/20 Sold $1,775,000 -19.3% $1,389 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $2,199,000 -- $1,721 / 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 $67,169 $5,682,768 $4,244,832 $1,437,936
2024 $67,169 $5,571,342 $4,161,600 $1,409,742
2023 $65,846 $5,462,100 $4,080,000 $1,382,100
2022 $21,654 $1,829,255 $1,463,405 $365,850
2021 $21,397 $1,793,388 $1,434,711 $358,677
2020 $1,347 $92,709 $78,663 $14,046
2019 $1,304 $90,892 $77,121 $13,771
2018 $1,235 $89,110 $75,609 $13,501
2016 $1,172 $85,652 $72,674 $12,978
2015 $1,157 $84,367 $71,583 $12,784
2014 $1,172 $82,715 $70,181 $12,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-138137

The MLS

APN: 4318-010-015