Seller's Agent in 2017
Kurt Rappaport
Westside Estate Agency Inc.
(310) 247-7770
22 in this area
102 Total Sales
1140 Tower Rd Beverly Hills, CA 90210
Estimated Value: $5,540,000
8
Beds
16
Baths
15,291
Sq Ft
$362/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Art Studio
- Cabana
- Beverly Hills High School Rated A
- Projection Room
- Garage Apartment
About This Home
As of February 2017With over a thousand feet of prime frontage on one of the finest streets in the City of Beverly Hills, behind iron gates and completely private from view is a completely remodeled "Old Hollywood" traditional estate with state of the art amenities. The estate is comprised of 2 stand alone homes, a main house of approx. 11,311 sf and a 3,980 sf guest house with separate entrance creating the ultimate estate compound. The main house features large public rooms, including a beautiful living room, media room, formal dining room, a professional gourmet kitchen that opens to family room and heated loggia, beautiful master bedroom including his and hers with master closets plus 4 additional gracious family bedrooms suites upstairs. The lower level contains a temperature controlled wine room that flows out to a resort sized pool, cabana, and enormous polo field sized lawn. Completely private with manicured gardens, and a beautiful guest house complete this incredible value and package.
Last Agent to Sell the Property
Westside Estate Agency Inc. License #01036061 Listed on: 11/15/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $250,415
Lot Details
- 1.38 Acre Lot
- Property is zoned BHR1*
Property Views
- City Lights
- Park or Greenbelt
Home Design
- Traditional Architecture
Interior Spaces
- 15,291 Sq Ft Home
- 2-Story Property
- Built-In Features
- Entryway
- Family Room
- Living Room with Fireplace
- Projection Room
- Home Theater
- Home Office
- Library
- Bonus Room
- Art Studio
- Dance Studio
- Sound Studio
- Craft Room
- Home Gym
- Basement
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Powder Room
- Maid or Guest Quarters
- In-Law or Guest Suite
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Intercom
- Alarm System
Parking
- Direct Access Garage
- Garage Apartment
- Garage Door Opener
- Driveway
Pool
- Cabana
- Heated In Ground Pool
- Spa
- Pool Cover
Outdoor Features
- Covered Patio or Porch
- Outdoor Grill
Utilities
- Central Heating
- Phone System
- Satellite Dish
- Cable TV Available
Additional Features
- Solar Power System
- Detached Guest House
Community Details
- No Home Owners Association
- Service Entrance
Listing and Financial Details
- Assessor Parcel Number 4348-016-031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 8, 2021
Sold by
Reilly Christine N
Bought by
Tower Road Property Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,150,000
Interest Rate
2.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 15, 2016
Closed on
Jan 20, 2017
Sold by
Tower Road Property Llc
Bought by
2017 Tower Trust
Seller's Agent
Kurt Rappaport
Westside Estate Agency Inc.
Buyer's Agent
Steve Frankel
Coldwell Banker Realty
List Price
$28,450,000
Sold Price
$25,000,000
Premium/Discount to List
-$3,450,000
-12.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.18%
Purchase Details
Closed on
Feb 19, 2010
Sold by
Crown Janet and Peterson Janet Crown
Bought by
Tower Road Property Llc
Purchase Details
Closed on
Jun 26, 1997
Sold by
Hensleigh Jonathan
Bought by
Hurd Gale Anne
Purchase Details
Closed on
Jun 25, 1997
Sold by
Peterson Gunnar
Bought by
Peterson Janet Crown
Purchase Details
Closed on
Jun 23, 1997
Sold by
Hurd Gale Anne
Bought by
Peterson Janet Crown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tower Road Property Llc | $24,500,000 | Equity Title Company | |
| 2017 Tower Trust | $25,000,000 | Equity Title Los Angeles | |
| Tower Road Property Llc | -- | Equity Title Los Angeles | |
| Hurd Gale Anne | -- | First American | |
| Peterson Janet Crown | -- | First American | |
| Peterson Janet Crown | $4,450,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tower Road Property Llc | $20,300,000 | |
| Previous Owner | Tower Road Property Llc | $17,150,000 | |
| Previous Owner | Tower Road Property Llc | $9,250,000 | |
| Previous Owner | Tower Road Property Llc | $4,800,000 | |
| Previous Owner | Peterson Janet Crown | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2017 02/07/17 | Sold | $25,000,000 | -12.1% | $1,635 / Sq Ft |
| 01/30/2017 01/30/17 | Pending | -- | -- | -- |
| 11/15/2016 11/15/16 | For Sale | $28,450,000 | -- | $1,861 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $250,415 | $21,224,160 | $14,856,912 | $6,367,248 |
| 2024 | $250,415 | $20,808,000 | $14,565,600 | $6,242,400 |
| 2023 | $245,864 | $20,400,000 | $14,280,000 | $6,120,000 |
| 2022 | $238,797 | $20,000,000 | $14,000,000 | $6,000,000 |
| 2021 | $238,955 | $20,205,647 | $13,885,016 | $6,320,631 |
| 2020 | $238,172 | $19,998,464 | $13,742,643 | $6,255,821 |
| 2019 | $232,052 | $19,606,338 | $13,473,180 | $6,133,158 |
| 2018 | $223,170 | $19,221,900 | $13,209,000 | $6,012,900 |
| 2016 | $79,152 | $6,798,706 | $5,997,258 | $801,448 |
| 2015 | $75,765 | $6,696,584 | $5,907,174 | $789,410 |
| 2014 | $73,221 | $6,565,408 | $5,791,461 | $773,947 |
Source: Public Records
Agents Affiliated with this Home
-
Kurt Rappaport
-
Steve Frankel
Buyer's Agent in 2017
Steve Frankel
Coldwell Banker Realty
(310) 508-5008
4 in this area
103 Total Sales
Map
Source: The MLS
MLS Number: 16-180548
APN: 4348-016-031
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