NOT LISTED FOR SALE

Estimated Value: $5,834,000 - $7,240,000

4 Beds
6 Baths
4,050 Sq Ft
$1,614/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $8,000,000 $1,975 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $41,928/month

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Garage
  • West Hollywood Elementary School Rated A-
  • No HOA
  • Views

About This Home

As of October 2018

A rare contemporary estate situated just above the Sunset Strip in prime lower Bird Streets. Gated and completely private, this award winning residence is divided into two structures separated by a tropical landscape with an abundance of space for entertaining. The main home features a gourmet kitchen, family room, media room, dining room and a spacious living room set against book-matched Calcutta walls. Sliding glass doors lead to an outdoor oasis with a pool, spa, bbq and IPE decking. The secondary structure is an entertainers dream, serving as a guest house and pool house with a full kitchen, bar, gym, rooftop deck and a 7 car garage with a turntable at the entrance.

Last Agent to Sell the Property

Steven Schaefer

Newmark Estates License #01958789 Listed on: 10/04/2018

Co-Listed By

Jay Luchs

Newmark Estates License #01260345

Last Buyer's Agent

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,494

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Property is zoned LAR1

Parking

  • Garage

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5560-027-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,494

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0

Exterior Features

  • Tennis Court Y/N: No
  • Pool: Yes
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Detached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5560-027-013
  • Geocode Override: No
  • Lot Size Area: 12292

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Sep 12, 2018
Sold by
Wagner Matthew P and Matthew P Wagner Trust
Bought by
Steinberg Howard J and Steinberg Kerri L
Seller's Agent
Steven Schaefer
Newmark Estates
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$8,000,000
Sold Price
$8,000,000
Current Estimated Value
$6,537,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,462,201
Avg. Annual Appreciation
-2.66%
Original Mortgage
$4,800,000
Outstanding Balance
$4,194,477
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$2,447,136

Purchase Details

Closed on
Feb 7, 2005
Sold by
Wagner Matthew P
Bought by
Wagner Matthew P and Matthew P Wagner Trust

Purchase Details

Closed on
Jul 12, 2002
Sold by
Wagner Wenda L
Bought by
Wagner Matthew P

Purchase Details

Closed on
Sep 27, 2000
Sold by
Mcclure Reece
Bought by
Wagner Matthew P and Wagner Wenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.49%

Purchase Details

Closed on
Mar 25, 1996
Sold by
Hooker Jim L
Bought by
Mcclure Reece

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
7.87%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Gelbard Karl and Gelbard Karol J
Bought by
Hooker Jim L

Purchase Details

Closed on
Oct 7, 1993
Sold by
District Director Of The Internal Revenu
Bought by
Gelbard Karl and Gelbard Karol J
Source: Public Records

Range of Values:

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
Steinberg Howard J $8,000,000 Chicago Title
Wagner Matthew P -- --
Wagner Matthew P -- Fidelity National Title Ins
Wagner Matthew P $1,750,000 Gateway Title Company
Mcclure Reece $1,150,000 Equity Title
Hooker Jim L $580,000 Equity Title
Gelbard Karl $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinberg Howard J $750,000
Open Steinberg Howard $1,764,000
Open Steinberg Howard J $4,800,000
Previous Owner Wagner Matthew P $2,000,000
Previous Owner Wagner Matthew P $2,450,000
Previous Owner Wagner Matthew P $1,700,000
Previous Owner Wagner Matthew P $1,000,000
Previous Owner Wagner Matthew P $1,000,000
Previous Owner Mcclure Reece $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2018 10/04/18 Sold $8,000,000 0.0% $1,975 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $8,000,000 -- $1,975 / 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 $76,494 $6,433,613 $4,154,197 $2,279,416
2024 $76,494 $6,307,465 $4,072,743 $2,234,722
2023 $74,996 $6,183,790 $3,992,886 $2,190,904
2022 $71,508 $6,062,541 $3,914,595 $2,147,946
2021 $70,665 $5,943,669 $3,837,839 $2,105,830
2019 $31,829 $2,647,373 $1,410,238 $1,237,135
2018 $31,552 $2,595,465 $1,382,587 $1,212,878
2017 $30,867 $2,544,575 $1,355,478 $1,189,097
2016 $27,919 $2,307,782 $1,328,900 $978,882
2015 $27,510 $2,273,118 $1,308,939 $964,179
2014 $27,588 $2,228,592 $1,283,299 $945,293
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-389550

The MLS

APN: 5560-027-013