NOT LISTED FOR SALE

Estimated Value: $5,821,000 - $20,358,709

5 Beds
5.5 Baths
4,344 Sq Ft
$3,013/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $4,900,000 $1,128 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $90,140/month

134 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Breakfast Area or Nook
  • Heated In Ground Pool
  • Wood Flooring
  • 5 Car Direct Access Garage

About This Home

As of December 2012

Beautiful traditional home North of Sunset in perfect Pac Pal location. 4 bdrms + staff rm & 5.5 bthrms situated on quiet tree lined strt w/exceptional panoramic vus from polo field to ocean. Open floor plan w/large formal dining rm, living rm w/fireplace & large family rm all w/ spectacular vus. Most rms open to large patios that are perfect for entertaining & look out over large yard w/pool & spa. Ideal home for entertaining w/2 car garage & circular drive that holds 4 more cars.

Last Agent to Sell the Property

Barbara Tenenbaum

Carolwood Estates License #00823256 Listed on: 08/14/2012

Carolwood Estates

Last Buyer's Agent

Gary I Glass

Christie's International Real Estate SoCal License #00933169

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $220,289

Year Built

  • Built in 1949

Lot Details

  • 0.42 Acre Lot
  • Property is zoned LARE11

Property Views

  • Ocean
  • Canyon
  • Mountain
  • Park or Greenbelt

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 5 Car Direct Access Garage
  • Garage Door Opener
  • Uncovered Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4425-010-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$220,289

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4344
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 5
  • Fireplaces: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.50
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1264.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, Green Belt, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage, Uncovered
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4425-010-006
  • Lot Size Area: 18210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
Hofman Mara
Bought by
Rotchild Walter W and Rotchild Micheael Howard
Current Estimated Value
$13,174,355

Purchase Details

Closed on
May 29, 2015
Sold by
Fox Martin E
Bought by
Hofman Mara and The Woodmont Trust

Purchase Details

Closed on
Aug 25, 2014
Sold by
Alexelan Llc
Bought by
Fox Martin E and The Woodmont Booth Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 14, 2012
Closed on
Dec 20, 2012
Sold by
Kagan Richard M and The Richard M Kagan Trust
Bought by
Alexelan Llc
Seller's Agent
Barbara Tenenbaum
Carolwood Estates
Buyer's Agent
Gary I Glass
Christie's International Real Estate SoCal
List Price
$5,495,000
Sold Price
$4,900,000
Premium/Discount to List
-$595,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Kagan Richard M
Bought by
Kagan Richard M and The Richard M Kagan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 5, 2003
Sold by
Kagan Richard M
Bought by
Kagan Richard M and Richard M Kagan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,949,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Kagan Richard M and Kagan Julie Hagerty
Bought by
Kagan Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 22, 1999
Sold by
Kagan Richard M and The Richard M Kagan Trust
Bought by
Kagan Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 27, 1998
Sold by
Kagan Richard M
Bought by
Kagan Richard M and Richard M Kagan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 1995
Sold by
Barneson Lee H and Barneson Valerie H
Bought by
Kagan Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
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
Rotchild Walter W $17,035,000 Chicago Title
Hofman Mara -- None Available
Fox Martin E $12,705,127 Equity Title
Alexelan Llc $4,900,049 Equity Title Company
Kagan Richard M -- Fidelity National Title Co
Kagan Richard M -- Fidelity National Title Co
Kagan Richard M -- Fidelity National Title Co
Kagan Richard M -- Fidelity National Title Co
Kagan Richard M -- First American Title Co
Kagan Richard M -- Fidelity National Title Co
Kagan Richard M -- --
Kagan Richard M -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hofman Mara $7,612,500
Previous Owner Fox Martin E $5,000,000
Previous Owner Kagan Richard M $250,000
Previous Owner Kagan Richard M $400,000
Previous Owner Kagan Richard M $2,900,000
Previous Owner Kagan Richard M $500,000
Previous Owner Kagan Richard M $2,400,000
Previous Owner Kagan Richard M $1,949,000
Previous Owner Kagan Richard M $450,000
Previous Owner Kagan Richard M $300,000
Previous Owner Kagan Richard M $1,950,000
Previous Owner Kagan Richard M $460,000
Previous Owner Kagan Richard M $200,000
Previous Owner Kagan Richard M $1,305,000
Previous Owner Kagan Richard M $1,325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $4,900,000 -10.8% $1,128 / Sq Ft
08/14/2012 08/14/12 For Sale $5,495,000 -- $1,265 / 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 $220,289 $17,164,390 $12,795,658 $4,368,732
2024 $220,289 $18,264,960 $13,938,626 $4,326,334
2023 $215,944 $17,906,824 $13,665,320 $4,241,504
2022 $205,774 $17,555,711 $13,397,373 $4,158,338
2021 $203,349 $17,211,482 $13,134,680 $4,076,802
2020 $169,004 $13,993,232 $10,989,392 $3,003,840
2019 $162,165 $13,718,856 $10,773,914 $2,944,942
2018 $161,422 $13,419,860 $10,562,661 $2,857,199
2016 $154,494 $12,898,751 $10,152,500 $2,746,251
2015 $151,753 $12,705,000 $10,000,000 $2,705,000
2014 $70,548 $5,762,246 $4,922,246 $840,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-619063

The MLS

APN: 4425-010-006