NOT LISTED FOR SALE

1108 Laurel Way Beverly Hills, CA 90210

Estimated Value: $6,697,000 - $9,104,604

3 Beds
3.5 Baths
3,409 Sq Ft
$2,211/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $6,000,000 $1,760 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $46,144/month

70 Days on Market

Highlights

  • In Ground Pool
  • Views of Trees
  • Living Room with Fireplace
  • Beverly Hills High School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2019

Richard Dorman AIA, redefined and rebuilt luxury paradise behind gates north of Sunset! This Xanadu private oasis boasts almost 20,000 square feet of land and the most zen 3,409 sq. foot house. With 3 beds and 3.5 baths, this tropical paradise boasts a large motor court, magnificent fountains and a swimmers pool.

Last Agent to Sell the Property

Josh Flagg

Compass License #01470467 Listed on: 08/23/2019

Compass

Last Buyer's Agent

Ginger Glass

Compass License #01478465

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,287

Year Built

  • Built in 1957

Lot Details

  • 0.45 Acre Lot
  • Property is zoned BHR1*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,409 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Trees
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-003-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,287

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3409
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1905.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage, Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-003-032
  • Geocode Override: No
  • Lot Size Area: 19553

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 18, 2019
Sold by
1108 Laurel Way Llc
Bought by
Power Center Properties Llc
Seller's Agent
Josh Flagg
Compass
Buyer's Agent
Ginger Glass
Compass
List Price
$6,495,000
Sold Price
$6,000,000
Premium/Discount to List
-$495,000
-7.62%
Current Estimated Value
$7,538,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,538,651
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Feizbakhsh Farzin Michael and The Sky Walker Trust
Bought by
1108 Laurel Way Llc

Purchase Details

Closed on
May 20, 2011
Sold by
Feizbakhsh Farzin
Bought by
Feizbakhsh Farzin and Sky Walker Trust

Purchase Details

Closed on
Nov 23, 2010
Sold by
Spencer Chris
Bought by
Feizbakhsh Farzin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,425,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2006
Sold by
Asset Investments Inc
Bought by
Spencer Chris

Purchase Details

Closed on
Aug 9, 2005
Sold by
Lagin Martin H and Martin H & Ruth R Lagin Second
Bought by
Spencer Chris and Asset Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,127,903
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Lagin Martin H and Lagin Ruth R
Bought by
Lagin Martin H and Martin H & Ruth R Lagin Second

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Power Center Properties Llc $6,000,000 Equity Title Los Angeles
1108 Laurel Way Llc -- None Available
Feizbakhsh Farzin -- None Available
Feizbakhsh Farzin $3,680,000 Fidelity Van Nuys
Spencer Chris -- Accommodation
Spencer Chris $4,175,000 --
Lagin Martin H -- --
Lagin Martin H -- United Title Company Westlak
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feizbakhsh Farzin $2,425,000
Previous Owner Spencer Chris $2,127,903
Previous Owner Lagin Martin H $1,620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2019 12/10/19 Sold $6,000,000 -7.6% $1,760 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $6,495,000 -- $1,905 / 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 $79,287 $6,573,015 $4,775,436 $1,797,579
2024 $77,643 $6,444,133 $4,681,800 $1,762,333
2023 $76,236 $6,317,778 $4,590,000 $1,727,778
2022 $74,130 $6,193,900 $4,500,000 $1,693,900
2021 $71,866 $6,062,160 $4,243,512 $1,818,648
2020 $72,451 $6,069,277 $4,248,577 $1,820,700
2019 $50,182 $4,226,488 $3,381,193 $845,295
2018 $48,194 $4,143,617 $3,314,896 $828,721
2016 $46,275 $3,982,718 $3,186,176 $796,542
2015 $44,293 $3,922,895 $3,138,317 $784,578
2014 $42,806 $3,846,052 $3,076,842 $769,210
Source: Public Records

Agents Affiliated with this Home

  • Josh Flagg

    Seller's Agent in 2019

    Josh Flagg

    Compass

    (310) 724-7100

    19 in this area

    140 Total Sales

    Josh Flagg
    Section Image
  • Ginger Glass

    Buyer's Agent in 2019

    Ginger Glass

    Compass

    (310) 927-9307

    11 in this area

    160 Total Sales

    Ginger Glass
    Section Image
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Map

Source: The MLS

MLS Number: 19-503434

The MLS

APN: 4348-003-032

California Los Angeles County Beverly Hills 90210

1108 Laurel Way, Beverly Hills, CA

Not Listed for Sale

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