NOT LISTED FOR SALE

116 N Elm Dr Beverly Hills, CA 90210

Estimated Value: $4,929,000 - $7,197,000

5 Beds
6 Baths
4,414 Sq Ft
$1,330/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $4,835,000 $1,095 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $36,391/month

32 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Fireplace in Primary Bedroom
  • Beverly Vista Elementary School Rated A
  • View of Hills
  • Traditional Architecture

About This Home

As of April 2021

Situated north of Wilshire in prime Beverly Hills, this gated, 5-bedroom home showcases traditional architecture and has been remodeled with modern interiors. The arched front door leads to the approx. 4,414-SF interiors showcasing exquisite finishes, hardwood floors and crown molding. A formal living room flows to a magnificent custom bar and family room with built-in shelving and French doors. The 1st floor also boasts the chefs kitchen with Sub-Zero, Wolf & Thermador appliances, a cozy breakfast nook, formal dining room, playroom/office & ensuite guest/staff quarters. 4 bedrooms are upstairs, including the primary suite with an office/vanity, fireplace, walk-in dressing room, spa bath and balcony. The leafy, private backyard features dining & lounging terraces, a built-in BBQ, gated pool, spa and 2-car garage with convenient alley access. Quiet, private retreat, the home is moments from renowned shops and restaurants, Rodeo Drive, Whole Foods, the library, arts center & city hall.

Last Agent to Sell the Property

Fred Dapp

The Agency License #02048450 Listed on: 01/25/2021

The Agency

Co-Listed By

James Harris

Carolwood Estates License #01909801

Last Buyer's Agent

Steve Geller

Coldwell Banker Realty License #01153015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,844

Lot Details

  • 7,650 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned BHR1*

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,414 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Views of Hills
  • Alarm System

Kitchen

  • Breakfast Room
  • Walk-In Pantry
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4342-030-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,844

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4414
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Stories: 2
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Gas, Living Room, Master Bedroom
  • Flooring: Wood, Tile
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Bar Ice Maker, Built-Ins, Barbeque, Ice Maker, Microwave, Freezer, Garbage Disposal, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Recirculated Exhaust Fan
  • Price Per S Q F T: 1176.94

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Garage, Private, Attached, Gated, Door Opener
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4342-030-007
  • Lot Size Area: 7650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Mar 3, 2021
Sold by
Cd Naysan Trust and Naysan Candice Farhadi
Bought by
Sazegar Family Trust and Sazegar
Seller's Agent
Fred Dapp
The Agency
Buyer's Agent
Steve Geller
Coldwell Banker Realty
List Price
$5,195,000
Sold Price
$4,835,000
Premium/Discount to List
-$360,000
-6.93%
Current Estimated Value
$5,868,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,033,749
Avg. Annual Appreciation
4.41%
Original Mortgage
$3,000,000
Outstanding Balance
$2,702,760
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,165,989

Purchase Details

Closed on
Jan 15, 2019
Sold by
Farhadi Naysan Daniel and Farhadi Naysan Candice
Bought by
Farhadi Naysan Daniel and Farhadi Naysan Candice

Purchase Details

Closed on
Mar 24, 2016
Sold by
Landau Peter B
Bought by
Naysan Daniel and Naysan Candice Farhadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 6, 2004
Sold by
Landau Peter B and Landau Marilyn S
Bought by
Landau Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sazegar Family Trust $4,835,000 Chicago Title
Farhadi Naysan Daniel -- None Available
Naysan Daniel $3,500,000 Equity Title
Landau Peter B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sazegar Family Trust $3,000,000
Previous Owner Naysan Daniel $2,800,000
Previous Owner Landau Peter B $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2021 04/14/21 Sold $4,835,000 -6.9% $1,095 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $5,195,000 +48.4% $1,177 / Sq Ft
12/09/2016 12/09/16 Sold $3,500,000 -2.6% $793 / Sq Ft View Prior Sale
09/23/2016 09/23/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $3,595,000 0.0% $814 / Sq Ft
09/07/2016 09/07/16 Price Changed $3,595,000 +2.7% $814 / Sq Ft
09/05/2016 09/05/16 Off Market $3,500,000 -- --
08/18/2016 08/18/16 For Sale $3,700,000 +5.7% $838 / Sq Ft
08/17/2016 08/17/16 Off Market $3,500,000 -- --
05/05/2016 05/05/16 For Sale $3,700,000 -- $838 / 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 $61,844 $5,233,557 $3,663,490 $1,570,067
2024 $61,844 $5,130,939 $3,591,657 $1,539,282
2023 $60,725 $5,030,333 $3,521,233 $1,509,100
2022 $58,982 $4,931,700 $3,452,190 $1,479,510
2021 $44,517 $3,752,706 $2,358,844 $1,393,862
2020 $44,368 $3,714,227 $2,334,657 $1,379,570
2019 $43,232 $3,641,400 $2,288,880 $1,352,520
2018 $41,508 $3,570,000 $2,244,000 $1,326,000
2016 $7,005 $595,588 $292,741 $302,847
2015 $6,711 $586,642 $288,344 $298,298
2014 $6,501 $575,151 $282,696 $292,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-684382

The MLS

APN: 4342-030-007