NOT LISTED FOR SALE

1150 Laurel Way Beverly Hills, CA 90210

Estimated Value: $5,224,000 - $6,036,000

3 Beds
5 Baths
2,882 Sq Ft
$1,924/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $4,800,000 $1,666 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $34,527/month

57 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • Beverly Hills High School Rated A
  • View of Hills
  • No HOA

About This Home

As of July 2020

Incredible opportunity to own a very updated livable home on a prime lot in one of the most prestigious north of sunset streets-neighborhoods in Beverly Hills. Very private oasis on quiet street with major upside and investment potential. Large flat piece of land is in a beautiful verdant setting surrounded by mature pastoral trees and park like landscaping. There are more $30-60 million properties in this prime enclave than anywhere in Beverly Hills. This is one of the lowest priced estates north of Sunset in this most sought after location. Please see some preliminary renderings and plans that help illustrate the potential.

Last Agent to Sell the Property

Lloyd Ross

Douglas Elliman License #02046500 Listed on: 04/22/2020

Douglas Elliman

Co-Listed By

Joseph Babajian

Rodeo Realty License #00813384

Last Buyer's Agent

Asaf Betesh

License #01899293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,506

Year Built

  • Built in 1958

Lot Details

  • 0.46 Acre Lot
  • Property is zoned BHR1*

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,882 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Views of Hills

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway
  • Automatic Gate

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-003-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,506

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2882
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1691.53

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Driveway, Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-003-038
  • Geocode Override: No
  • Lot Size Area: 19868

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jun 18, 2020
Sold by
1150 Laurel Way Llc
Bought by
Miyake Satoko and Yashinoki West Trust
Seller's Agent
Lloyd Ross
Douglas Elliman
Buyer's Agent
Asaf Betesh
List Price
$4,875,000
Sold Price
$4,800,000
Premium/Discount to List
-$75,000
-1.54%
Current Estimated Value
$5,545,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,478
Avg. Annual Appreciation
2.83%

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 30, 2018
Sold by
Darvish Maurice and Darvish Jenna E
Bought by
11501 Laurel Way Llc
Seller's Agent
Rebekah Schwartz Sklar
The Agency
Buyer's Agent
Zach Sklar
The ONE Luxury Properties
Sold Price
$8,000

Purchase Details

Listed on
Jul 31, 2017
Closed on
Nov 13, 2017
Sold by
Praeger Dan E
Bought by
Darvish Maurice and Darvish Jenna E
Seller's Agent
Mauricio Umansky
The Agency
Buyer's Agent
Mauricio Umansky
The Agency
List Price
$7,450,000
Sold Price
$4,600,000
Premium/Discount to List
-$2,850,000
-38.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$3,220,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2017
Sold by
Praeger Dan E and Praeger Family Trust
Bought by
Praeger Dan E

Purchase Details

Closed on
Dec 5, 2002
Sold by
Praeger Lea and Praeger Family Trust
Bought by
Praeger Lea and Praeger Family Trust

Purchase Details

Closed on
Sep 25, 2002
Sold by
Praeger Lea
Bought by
Praeger Lea and Praeger Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
6.17%
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
Miyake Satoko $4,800,000 Chicago Title Company
11501 Laurel Way Llc -- Accommodation
Darvish Maurice $4,600,000 Fidelity Sherman Oaks
Praeger Dan E -- None Available
Praeger Lea -- --
Praeger Lea -- Gateway Title Company
Praeger Lea -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darvish Maurice $3,220,000
Previous Owner Praeger Lea $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $4,800,000 -1.5% $1,666 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $4,875,000 0.0% $1,692 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/17/2020 05/17/20 Price Changed $4,875,000 -0.4% $1,692 / Sq Ft
04/22/2020 04/22/20 For Sale $4,895,000 0.0% $1,698 / Sq Ft
06/15/2018 06/15/18 Rented $8,000 0.0% --
04/09/2018 04/09/18 Price Changed $8,000 -20.0% $3 / Sq Ft
02/15/2018 02/15/18 For Rent $10,000 0.0% --
11/21/2017 11/21/17 Sold $4,600,000 -2.0% $1,596 / Sq Ft
09/26/2017 09/26/17 Price Changed $4,695,000 -14.6% $1,629 / Sq Ft
09/06/2017 09/06/17 Price Changed $5,499,000 -14.7% $1,908 / Sq Ft
08/31/2017 08/31/17 Price Changed $6,450,000 -7.2% $2,238 / Sq Ft
08/16/2017 08/16/17 Price Changed $6,950,000 -6.7% $2,412 / Sq Ft
07/31/2017 07/31/17 For Sale $7,450,000 -- $2,585 / 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 $61,506 $5,195,672 $4,156,538 $1,039,134
2024 $61,506 $5,093,797 $4,075,038 $1,018,759
2023 $60,395 $4,993,920 $3,995,136 $998,784
2022 $58,664 $4,896,000 $3,916,800 $979,200
2021 $56,968 $4,800,000 $3,840,000 $960,000
2020 $57,196 $4,785,840 $3,750,642 $1,035,198
2019 $55,732 $4,692,000 $3,677,100 $1,014,900
2018 $53,533 $4,600,000 $3,605,000 $995,000
2017 $12,426 $1,062,555 $714,083 $348,472
2016 $12,191 $1,041,722 $700,082 $341,640
2015 $11,675 $1,026,076 $689,567 $336,509
2014 $11,303 $1,005,978 $676,060 $329,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-572738

The MLS

APN: 4348-003-038