NOT LISTED FOR SALE

Estimated Value: $8,247,000 - $12,448,381

5 Beds
7 Baths
7,243 Sq Ft
$1,358/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $8,980,000 $1,240 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $61,926/month

7 Days on Market

Highlights

  • Wine Cellar
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Warner Avenue Elementary Rated A
  • View of Trees or Woods
  • Marble Flooring

About This Home

As of October 2020

Located on one of the best streets in Beverly Hills Post Office, this exquisite new construction home has been designed & developed with the utmost attention to detail. Grand scale rooms & an influx of natural light awaits, with a well-appointed floor plan & the highest quality finishes. The formal entry boasts a cascading waterfall & opens to the office. The great room features a fireplace, bar & walls of retractable glass that open to the garden. The eat-in chefs kitchen boasts a large island with breakfast bar, professional appliances and wine cellar & flows seamlessly to the family room. A master suite to rival the finest resorts awaits upstairs with sensational canyon views, designer-closets, 1450SF of wrap-around balconies, & a spa-like ensuite bathroom. 4 addl en-suite bedrooms and SMART home technology complete the property. The private yard offers mature landscaping that compliments the sparkling pool/spa, firepit & outdoor kitchen.

Last Agent to Sell the Property

Aaron Kirman

Christie's International Real Estate SoCal License #01296524 Listed on: 08/03/2020

Christie's International Real Estate SoCal

Last Buyer's Agent

Josh Flagg

Compass License #01470467

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,303

Year Built

  • Built in 2020

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 97x163
  • Property is zoned LARE15

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Woods
  • Canyon

Home Design

  • Modern Architecture

Interior Spaces

  • 7,243 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Decorative Fireplace
  • Gas Fireplace
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Alarm System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4358-013-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,303

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 7243
  • Lot Acreage: 0.3536
  • Lot Dimensions: 97x163
  • Stories: 2
  • Year Built: 2020
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Gas, Family Room, Living Room, Master Bedroom, Den, Fire Pit, Patio
  • Flooring: Hardwood, Marble, Mixed
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Freezer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1214.28

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Canyon, Trees/Woods, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4358-013-025
  • Lot Size Area: 15403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 28, 2020
Sold by
Saadat Shirzad and Saadat Mojgan R
Bought by
Castle Michael R and Castle Susan M
Seller's Agent
Aaron Kirman
Christie's International Real Estate SoCal
Buyer's Agent
Josh Flagg
Compass
List Price
$8,795,000
Sold Price
$8,980,000
Premium/Discount to List
$185,000
2.1%
Current Estimated Value
$9,601,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,697
Avg. Annual Appreciation
1.90%
Original Mortgage
$6,000,000
Outstanding Balance
$5,319,703
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$4,518,757

Purchase Details

Closed on
Oct 19, 2010
Sold by
Okhovat Farshad and 2007 Farshad Okhovat Revocable
Bought by
Saadat Shirzad and Saadat Mojgan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Okhovat Farshad
Bought by
Okhovat Farshad and 2007 Farshad Okhovat Revocable
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
Castle Michael R $8,980,000 Placer Title Company
Saadat Shirzad $1,600,016 Provident Title Company
Okhovat Farshad -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle Michael R $6,000,000
Previous Owner Saadat Shirzad $242,000
Previous Owner Saadat Shirzad $373,815
Previous Owner Saadat Shirzad $964,009
Previous Owner Saadat Shirzad $1,040,000
Previous Owner Okhovat Farshad $975,000
Previous Owner Okhovat Farshad $980,000
Previous Owner Okhovat Farshad $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $8,980,000 +2.1% $1,240 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $8,795,000 -- $1,214 / 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 $115,303 $9,720,239 $7,777,274 $1,942,965
2024 $115,303 $9,529,647 $7,624,779 $1,904,868
2023 $113,037 $9,342,792 $7,475,274 $1,867,518
2022 $107,757 $9,159,600 $7,328,700 $1,830,900
2021 $106,560 $8,980,000 $7,185,000 $1,795,000
2019 $38,352 $2,348,643 $1,407,489 $941,154
2018 $16,857 $1,379,892 $1,379,892 $0
2016 $21,122 $1,731,615 $1,326,310 $405,305
2015 $20,814 $1,705,605 $1,306,388 $399,217
2014 $20,880 $1,672,195 $1,280,798 $391,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-612340

The MLS

APN: 4358-013-025