NOT LISTED FOR SALE

Estimated Value: $4,357,000 - $13,706,671

4 Beds
4 Baths
3,268 Sq Ft
$2,764/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $11,500,000 $3,519 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $59,093/month

31 Days on Market

Highlights

  • Ocean View
  • 1.52 Acre Lot
  • Living Room with Fireplace
  • Warner Avenue Elementary Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2023

The Updegraff Estate, East Gate Bel Air, CA. Offers to be reviewed on October 6, 2023. One of the last remaining great view promontories left in Bel Air. Located on prestigious Chalon Road, this 1.5 acre property is available for the first time in 65 years. The home has hosted some of the most notable stars, politicians and prominent California families for more than six decades and is now for sale for the first time. Over the years, many of the renowned estates have been either subdivided, demolished or torn down, and only a few properties still remain in the hands of these original families. One of the greatest views to hit the market in years.

Last Agent to Sell the Property

Josh Flagg

Compass License #01470467 Listed on: 09/26/2023

Compass

Last Buyer's Agent

Tyrone McKillen

Plus Real Estate License #01915539

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 1.52 Acre Lot
  • Lot Dimensions are 190x350
  • Gated Home
  • Property is zoned LARE40

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Skyline

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,268 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4370-002-023

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

1.52 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3268
  • Lot Acreage: 1.5216
  • Lot Dimensions: 190x350
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio, Den
  • Flooring: Carpet, Wood, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3976.44

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, Ocean, Panoramic, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Garage - 2 Car, Driveway
  • Total Parking: 10

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4370-002-023
  • Lot Size Area: 66281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 16, 2023
Sold by
Elizabeth L Up De Graff Revocable Trust
Bought by
Chalon X Llc
Seller's Agent
Josh Flagg
Compass
Buyer's Agent
Tyrone McKillen
Plus Real Estate
List Price
$12,995,000
Sold Price
$11,500,000
Premium/Discount to List
-$1,495,000
-11.5%
Views
430
Current Estimated Value
$9,031,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,468,164
Avg. Annual Appreciation
-10.31%
Original Mortgage
$13,000,000
Outstanding Balance
$12,770,604
Interest Rate
7.44%
Mortgage Type
Construction
Estimated Equity
-$3,738,768

Purchase Details

Closed on
Apr 24, 2020
Sold by
Up De Graff Elizabeth L
Bought by
Elizabeth L Up De Graff Revocable Trust

Purchase Details

Closed on
Feb 20, 2002
Sold by
Degraff Thaddeus L Up and Degraff Elizabeth Up
Bought by
Degraff Thaddeus L Up and Degraff Elizabeth Up
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chalon X Llc $11,500,000 Fidelity National Title
Elizabeth L Up De Graff Revocable Trust -- Willow Law Group A Legal Corpo
Degraff Thaddeus L Up -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chalon X Llc $13,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $11,500,000 -11.5% $3,519 / Sq Ft
09/26/2023 09/26/23 For Sale $12,995,000 -- $3,976 / Sq Ft
Source: The MLS

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 $139,008 $11,730,000 $10,557,000 $1,173,000
2024 $139,008 $11,500,000 $10,350,000 $1,150,000
2023 $6,105 $428,638 $261,562 $167,076
2022 $5,886 $420,234 $256,434 $163,800
2021 $5,801 $411,995 $251,406 $160,589
2019 $5,581 $399,777 $243,950 $155,827
2018 $5,389 $391,939 $239,167 $152,772
2016 $5,108 $376,722 $229,881 $146,841
2015 $5,041 $371,064 $226,428 $144,636
2014 $5,094 $363,796 $221,993 $141,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-314197

The MLS

APN: 4370-002-023

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