NOT LISTED FOR SALE

1171 Laurel Way Beverly Hills, CA 90210

Estimated Value: $5,876,000 - $7,334,000

4 Beds
4.5 Baths
4,093 Sq Ft
$1,617/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $5,765,000 $1,409 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $40,633/month

99 Days on Market

Highlights

  • In Ground Pool
  • Auto Driveway Gate
  • Spanish Architecture
  • Beverly Hills High School Rated A
  • 0.68 Acre Lot
  • No HOA

About This Home

As of December 2022

PRICE IMPROVED BY OVER $1,000,000 WITHIN THE PAST MONTH - Perfectly situated North of Sunset on Lower Laurel Way in prime Beverly Hills, sits this beautiful, private and gated one-story Spanish retreat. Upon entering through double doors, you'll find the large open living area with high ceilings, and a stunning two-sided see-through Adobe fireplace. This home was crafted with a focus on light and open spaces with fine yet simple materials used to retain a sense of calm elegance. Glass French doors lead to the serene backyard, showcasing a sparkling blue pool, spa, waterfall, and lounge areas, all enveloped by soaring hedges and lush greenery for maximum privacy. Entertaining spaces include a living room with built-in bar, formal dining area, and large kitchen with an island and adjoining family room. Separate wing features a bright open primary bedroom with a walk-in closet, bathroom with double vanity, shower, and soaking tub, as well as the 2 additional en-suite bedrooms. Additional 4th bedroom/bathroom is off the kitchen. Set behind gates, the 3-car garage and motor court hosts up to 8 cars in total. A private, peaceful retreat in the most desirable Beverly Hills zip code and Beverly Hills School District.

Last Agent to Sell the Property

Drew Gitlin

Coldwell Banker Realty License #00944472 Listed on: 07/29/2022

Coldwell Banker Realty

Last Buyer's Agent

Flora Martin

Equity Union License #01868143

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,044

Year Built

  • Built in 1957

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 180x172
  • Property is zoned BHR1*

Parking

  • 3 Car Attached Garage
  • 5 Open Parking Spaces
  • Auto Driveway Gate

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 4,093 Sq Ft Home
  • 1-Story Property
  • Bar
  • See Through Fireplace
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Adobe
  • Clay
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-003-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,044

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 4093
  • Lot Acreage: 0.6829
  • Lot Dimensions: 180x172
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Gas, See Through
  • Flooring: Clay, Tile, Adobe
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven, Dishwasher, Dryer, Washer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1575.86

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Waterfall
  • Pool: Yes
  • Roof: Spanish Tile
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 5
  • Parking Garage: Driveway Gate, Auto Driveway Gate, Garage - 3 Car, Garage Is Attached, Gated
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-003-010
  • Lot Size Area: 29746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Todd Michael and Todd Stephanie Caroline
Bought by
Msaa Trust and Todd
Current Estimated Value
$6,618,832

Purchase Details

Listed on
Jul 29, 2022
Closed on
Nov 9, 2022
Sold by
Berk Family Trust
Bought by
Todd Michael and Todd Stephanie Caroline
Seller's Agent
Drew Gitlin
Coldwell Banker Realty
Buyer's Agent
Flora Martin
Equity Union
List Price
$7,495,000
Sold Price
$5,765,000
Premium/Discount to List
-$1,730,000
-23.08%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,800,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 1994
Sold by
Berk N William and Berk Jacqueline C
Bought by
Berk N William and Berk Jacqueline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$891,500
Interest Rate
7.29%

Purchase Details

Closed on
Jan 5, 1994
Sold by
Berk N William and Berk Jacqueline C
Bought by
Berk N William and Berk Jacqueline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$891,500
Interest Rate
7.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Msaa Trust -- None Listed On Document
Todd Michael $5,765,000 Lawyers Title
Berk N William -- --
Berk N William -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Todd Michael $1,800,000
Previous Owner Berk N William $891,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $5,765,000 -10.6% $1,409 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $6,450,000 -7.5% $1,576 / Sq Ft
09/26/2022 09/26/22 Price Changed $6,975,000 -6.9% $1,704 / Sq Ft
07/29/2022 07/29/22 For Sale $7,495,000 -- $1,831 / 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 $71,044 $5,997,906 $3,813,066 $2,184,840
2024 $71,044 $5,880,300 $3,738,300 $2,142,000
2023 $69,760 $5,765,000 $3,665,000 $2,100,000
2022 $17,072 $1,397,482 $348,247 $1,049,235
2021 $16,564 $1,370,081 $341,419 $1,028,662
2019 $16,092 $1,329,446 $331,294 $998,152
2018 $15,321 $1,303,380 $324,799 $978,581
2016 $14,677 $1,252,771 $312,188 $940,583
2015 $14,056 $1,233,954 $307,499 $926,455
2014 $13,608 $1,209,784 $301,476 $908,308
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-175717

The MLS

APN: 4348-003-010