NOT LISTED FOR SALE

1154 Tower Rd Beverly Hills, CA 90210

Estimated Value: $5,782,000 - $15,880,662

6 Beds
7.5 Baths
11,075 Sq Ft
$978/Sq Ft Est. Value

Last Sold March 07, 2012

Last sale price $11,800,000 $1,065 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $75,200/month

74 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • 50,660 Sq Ft lot
  • Beverly Hills High School Rated A
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of March 2012

GRAND TRADITIONAL ESTATE, RECENTLY RENOVATED, IS PRIVATELY GATED AND FEATURES LARGE MOTOR COURT. BOASTING OVER 9,000 SQ. FT, HOME HAS 11 FT. CEILINGS. THE STUNNING 2 STORY FOYER COMPLIMENTED BY A GRAND CURVING STAIRWAY, LEADS DOWN TO THE BLACK AND WHITE MARBLE FLOORING. THE LIVING ROOM FEATURES FLOOR TO CEILING FRENCH DOORS, FIREPLACE, COFFERED CEILING AND MAHOGANY FLOORS. PANELED LIBRARY INCLUDES FIREPLACE AND BALCONY. BRAND NEW GOURMET KITCHEN WITH TOP QUALITY APPLIANCES HAS WHITE POLISHED MARBLE AND OPENS TO THE BREAKFAST AREA AND LARGE FAMILY ROOM WITH NEWLY INSTALLED PROJECTOR AND SCREEN. MAIN HOUSE AND GUEST HOUSE HAVE CRESTRON AND AUDIO VIDEO EQUIPMENT. FORMAL DINING ROOM CAN ACCOMMODATE AN IMPRESSIVE 40 GUESTS WHILE THE MASTER BEDROOM INCLUDES 1,500 SQ. FT. WITH SITTING ROOM. EXPANSIVE GROUNDS HAVE ALL BEEN NEWLY LANDSCAPED WITH LIGHTING ADDED AND GATED POOL AREA OFF THE LOVELY ONE BEDROOM GUEST HOUSE WITH KITCHEN AND BAR.

Last Agent to Sell the Property

Mauricio Umansky

The Agency License #01222825 Listed on: 11/10/2011

The Agency

Last Buyer's Agent

Mauricio Umansky

The Agency License #01222825 Listed on: 11/10/2011

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $175,387

Year Built

  • Built in 1989

Lot Details

  • 1.16 Acre Lot
  • Gated Home
  • Property is zoned BHR1*

Property Views

  • City Lights
  • Canyon

Home Design

  • Traditional Architecture

Interior Spaces

  • 11,075 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Center Hall
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 7.5 Bathrooms

Parking

  • Direct Access Garage
  • Side by Side Parking

Outdoor Features

  • Heated In Ground Pool
  • Covered patio or porch

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4348-015-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$175,387

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 11075
  • Stories: 2
  • Year Built: 1989
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Gas, Guest House, Library, Living Room, Master Bedroom, Wood Burning
  • Flooring: Carpet, Marble, Stone
  • Bedrooms: 6
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 7.50
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Trash Compactor
  • Price Per S Q F T: 1232.51

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • View: Canyon, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance, Garage, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Owned

Lot Info

  • Assessor Parcel Number: 4348-015-010
  • Lot Size Area: 50660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Finally Home Llc
Bought by
Finally Home Llc
Current Estimated Value
$11,065,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Outstanding Balance
$11,879,408
Interest Rate
2.34%
Mortgage Type
New Conventional
Estimated Equity
-$1,048,077

Purchase Details

Closed on
Dec 12, 2021
Sold by
Finally Home Llc
Bought by
Finally Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Outstanding Balance
$11,879,408
Interest Rate
2.34%
Mortgage Type
New Conventional
Estimated Equity
-$1,048,077

Purchase Details

Listed on
Nov 10, 2011
Closed on
Feb 7, 2012
Sold by
Binder Gordon M and The Binder Trust
Bought by
Finally Home Llc
Seller's Agent
Mauricio Umansky
The Agency
Buyer's Agent
Mauricio Umansky
The Agency
List Price
$13,650,000
Sold Price
$11,800,000
Premium/Discount to List
-$1,850,000
-13.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%

Purchase Details

Closed on
May 5, 2010
Sold by
Hammer Michael and Hammer Dru A
Bought by
Binder Adele H and Binder Gordon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Pinhas Paula L
Bought by
Hammer Michael

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
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2005
Sold by
Pinhas Simon Joseph and Pinhas Paula Lee
Bought by
Pinhas Simon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2000
Sold by
Family Trust Pinhas Simon J And Paula L Trs P
Bought by
Pinhas Simon Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
8.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 14, 1993
Sold by
Pinhas Simon J and Pinhas Paula L
Bought by
Pinhas Simon Joseph
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
Finally Home Llc -- First American Title Company O
Finally Home Llc -- First American Title Ins Co
Finally Home Llc $11,800,000 First American Title Company
Binder Adele H -- California Title Company
Hammer Michael -- California Title Company
Pinhas Simon J -- --
Pinhas Simon Joseph -- United Title Company
Pinhas Simon Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finally Home Llc $15,000,000
Closed Finally Home Llc $15,000,000
Previous Owner Binder Adele H $500,000
Previous Owner Binder Adele H $6,000,000
Previous Owner Hammer Michael $1,750,000
Previous Owner Hammer Michael $5,000,000
Previous Owner Pinhas Simon J $2,500,000
Previous Owner Pinhas Simon Joseph $2,550,000
Previous Owner Pinhas Simon Joseph $2,500,000
Previous Owner Pinhas Simon Joseph $1,200,000
Previous Owner Pinhas Simon Joseph $2,275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2012 03/07/12 Sold $11,800,000 -13.6% $1,065 / Sq Ft
11/10/2011 11/10/11 For Sale $13,650,000 -- $1,233 / 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 $175,387 $14,821,468 $11,053,301 $3,768,167
2024 $175,387 $14,530,852 $10,836,570 $3,694,282
2023 $172,210 $14,245,935 $10,624,089 $3,621,846
2022 $167,271 $13,966,604 $10,415,774 $3,550,830
2021 $162,429 $13,692,750 $10,211,544 $3,481,206
2019 $157,746 $13,286,617 $9,908,665 $3,377,952
2018 $151,517 $13,026,096 $9,714,378 $3,311,718
2016 $145,504 $12,520,278 $9,337,157 $3,183,121
2015 $139,266 $12,332,213 $9,196,905 $3,135,308
2014 $134,560 $12,090,643 $9,016,751 $3,073,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-565927

The MLS

APN: 4348-015-010