NOT LISTED FOR SALE

Estimated Value: $8,086,000 - $12,091,943

5 Beds
6 Baths
7,692 Sq Ft
$1,312/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $12,500,000 $1,625 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $69,067/month

53 Days on Market

Highlights

  • Tennis Courts
  • Wine Cellar
  • Gated Parking
  • Warner Avenue Elementary Rated A
  • Cabana
  • 1.31 Acre Lot

About This Home

As of August 2021

Located inside the coveted, guard-gated Bel-Air community of Moraga Estates and set on a sprawling approx. 1.3 acre lot, rests this stately Traditional with almost 7,700 sq.ft. of living space. This estate boasts exceptional quality, gracefully appointed with details throughout the grand scale-sized rooms with soaring ceilings. The main level comprises an opulent 2-story foyer, sophisticated formal living room with fireplace, classic wood-paneled library, formal dining room with elegant french doors showcasing a garden fountain, spacious family room with fireplace and adjacent gourmet kitchen with breakfast area looking onto the outdoor dining patio. Upstairs include a master suite with fireplace, massive terrace, large master bath, dual walk-in closets and 3 bedroom suites. Laundry and gym on first floor. The lush, manicured grounds include an oversized lawn with pool and spa, generous entertaining space with fireplace, tennis court, outdoor kitchenette and pool house.

Last Agent to Sell the Property

Jeffrey Hyland

Hilton & Hyland License #00389584 Listed on: 06/20/2021

Hilton & Hyland

Co-Listed By

Marc Noah

Sotheby's International Realty License #01269495

Last Buyer's Agent

Non Subscriber

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $157,221

Year Built

  • Built in 1985

Lot Details

  • 1.31 Acre Lot
  • Property is zoned LARE40

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Gated Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 7,692 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Library with Fireplace
  • Home Gym
  • Canyon Views

Kitchen

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

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4368-002-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$157,221

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,100 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 7692
  • Lot Acreage: 1.3107
  • Stories: 2
  • Year Built: 1985
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room, Family Room, Master Bedroom, Patio
  • Flooring: Marble, Stone, Hardwood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Barbeque, Refrigerator, Washer
  • Price Per S Q F T: 1677.07

Exterior Features

  • Other Structures: Cabana
  • Tennis Court: Private
  • Tennis Court Y/N: Yes
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Attached, Gated
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1100.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4368-002-007
  • Lot Size Area: 57093

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2021
Closed on
Aug 12, 2021
Sold by
Zafari Reza and Zafari Malea Farsai
Bought by
M & O Properties Ltd
Seller's Agent
Jeffrey Hyland
Hilton & Hyland
Buyer's Agent
Non Subscriber
List Price
$12,900,000
Sold Price
$12,500,000
Premium/Discount to List
-$400,000
-3.1%
Current Estimated Value
$10,088,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,411,028
Avg. Annual Appreciation
-4.70%

Purchase Details

Closed on
Sep 2, 2011
Sold by
Towns Jeffrey B and Towns Mark D
Bought by
Zafari Reza and Zafari Malea Farsai
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
M & O Properties Ltd $12,500,000 Equity Title Company
Zafari Reza $5,518,055 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Towns W Lee $2,165,000
Previous Owner Towns W Lee $2,279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $12,500,000 -3.1% $1,625 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $12,900,000 -- $1,677 / 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 $157,221 $14,289,920 $9,285,570 $5,004,350
2024 $157,221 $13,005,000 $9,103,500 $3,901,500
2023 $154,129 $12,750,000 $8,925,000 $3,825,000
2022 $146,912 $12,500,000 $8,750,000 $3,750,000
2021 $76,408 $6,402,866 $2,921,660 $3,481,206
2020 $77,139 $6,337,213 $2,891,702 $3,445,511
2019 $74,041 $6,212,954 $2,835,002 $3,377,952
2018 $73,605 $6,091,132 $2,779,414 $3,311,718
2016 $70,380 $5,854,608 $2,671,487 $3,183,121
2015 $69,341 $5,766,667 $2,631,359 $3,135,308
2014 $69,541 $5,653,707 $2,579,815 $3,073,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-751232

The MLS

APN: 4368-002-007