$8,000,000
SOLD JUN 19, 2015

1231 Shadow Hill Way Beverly Hills, CA 90210

5 Beds
9 Baths
9,385 Sq Ft
0.85 Acres

Recently Sold

$852 Per Sq Ft

11% Below List Price

298 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Sauna
  • Beverly Hills High School Rated A
  • Cabana
  • Auto Driveway Gate

About This Home

As of June 2016

YOUR OWN RESORT IN BEVERLY HILLS. 5 BEDROOM- 6 BATHS PLUS 3 POWDER ROOMS-MASTER W/ HIS AND HERS BATH AND AMAZING CLOSETS-FULL GUEST HOUSE W/ FIREPLACE- N/S TENNIS COURT- ALL ON 36,000+ SQUARE FEET-WANDERING POOL WITH SWIM UP BAR- SAUNA, WET AND DRY-FULL MAIDS APARTMENT- PARKING GARAGE FOR 10 CARS- 2 OFFICES -BILLIARD/TV ROOM-DEN- PARTY ROOM W/ KITCHEN OFF THE TENNIS COURT AND OF COURSE THE CITY VIEW !!!

Last Agent to Sell the Property

Cathy Ferraro

Ferraro & Assoc. License #00481031 Listed on: 05/15/2014

Co-Listed By

Heidi Prince

Ferraro & Assoc. License #01820426

Last Buyer's Agent

Kyle Giese

Resident Group License #01915855

Resident Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $216,850

Year Built

  • Built in 1955

Lot Details

  • 0.85 Acre Lot
  • Property is zoned BHR1*

Property Views

  • Ocean
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 9,385 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Sauna
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Auto Driveway Gate

Pool

  • Cabana
  • Black Bottom Pool
  • In Ground Pool

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Billiard Room
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4348-002-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$216,850

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 9385
  • Stories: 3
  • Year Built: 1955
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Guest House, Living Room, Master Bedroom, Master Retreat
  • Flooring: Carpet, Marble, Mixed, Terrazzo
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 6
  • Half Bathroom: 3
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 958.44

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Black Bottom, In Ground
  • Pool: Yes
  • View: City, City Lights, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 10
  • Parking Garage: Attached, Direct Entrance, Door Opener, Driveway, Driveway Gate, Garage - 4+ Car, Garage Is Attached, Gated Underground
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4348-002-021
  • Geocode Override: No
  • Lot Size Area: 36832

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2017
Sold by
Li Ming
Bought by
1231 Shadow Hills Llc
Current Estimated Value
$13,086,050

Purchase Details

Listed on
Apr 18, 2016
Closed on
May 9, 2016
Sold by
Wonderview Investments Llc
Bought by
Li Ming
Seller's Agent
Adam Rosenfeld
Resident Group
Buyer's Agent
Yi Chang Gong
List Price
$11,995,000
Sold Price
$11,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%

Purchase Details

Listed on
May 15, 2014
Closed on
May 12, 2015
Sold by
Rsd Charitable & Educational Foundation
Bought by
Wonderview Investments Llc
Seller's Agent
Cathy Ferraro
Ferraro & Assoc.
Buyer's Agent
Kyle Giese
Resident Group
List Price
$8,995,000
Sold Price
$8,000,000
Premium/Discount to List
-$995,000
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.18%
Original Mortgage
$5,600,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2015
Sold by
Huang Robert and Huang Denise
Bought by
Rsd Charitable & Educational Foundation

Purchase Details

Closed on
Jul 21, 2000
Sold by
Rsd Investment Co L P
Bought by
Huang Robert and Huang Denise

Purchase Details

Closed on
Apr 9, 1997
Sold by
Aspen Shadow Llc
Bought by
Rsd Investment Company Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
7.98%

Purchase Details

Closed on
Sep 24, 1996
Sold by
Trust Rosenberg Gary A Tr Gary A Rosenbe
Bought by
Aspen Shadow Llc
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Grant Deed $11,995,000 Commonwealth Land Title Co
Grant Deed $8,000,000 Commonwealth Land Title Co
Grant Deed -- Accommodation
Grant Deed $3,650,000 South Coast Title Company
Individual Deed $3,450,000 United Title Company
Grant Deed $260,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,600,000 Purchase Money Mortgage
Previous Owner $1,725,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $11,995,000 0.0% $857 / Sq Ft
04/18/2016 04/18/16 For Sale $11,995,000 +49.9% $857 / Sq Ft
06/19/2015 06/19/15 Sold $8,000,000 -11.1% $852 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
05/15/2014 05/15/14 For Sale $8,995,000 -- $958 / 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 $216,850 $18,419,734 $9,943,898 $8,475,836
2024 $216,850 $18,058,564 $9,748,920 $8,309,644
2023 $212,900 $17,704,475 $9,557,765 $8,146,710
2022 $206,774 $17,357,329 $9,370,358 $7,986,971
2021 $200,846 $17,016,990 $9,186,626 $7,830,364
2019 $170,134 $14,400,495 $8,914,147 $5,486,348
2018 $145,183 $12,479,597 $9,386,800 $3,092,797
2016 $94,559 $8,121,999 $4,797,056 $3,324,943
2015 $51,907 $4,576,282 $1,919,529 $2,656,753
2014 -- $4,486,640 $1,881,929 $2,604,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-760367

The MLS

APN: 4348-002-021