NOT LISTED FOR SALE

12685 Mulholland Dr Beverly Hills, CA 90210

Estimated Value: $2,691,000 - $3,737,000

3 Beds
4.5 Baths
2,977 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $1,390,000 $467 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $18,937/month

19 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Canyon View
  • Ulysses S. Grant Senior High School Rated A-
  • 20,719 Sq Ft lot
  • Fireplace in Primary Bedroom

About This Home

As of April 2013

Incredible opportunity!!! Gated Hideaway situated on the Mulholland Corridor. Enjoy the tranquil private setting as you step back in time at this California Ranch with Rustic Flair which features open spaces with soaring and exposed ceilings, and a detached guest house with ¾ bath. Two opposite end master suites, office, loft, living room with vaulted ceiling and walls of glass, galley kitchen, motor court, pool and canyon views! Great for owner users or investors.

Last Agent to Sell the Property

Fran H. Chavez

Christie's International Real Estate SoCal License #01013357 Listed on: 10/26/2012

Last Buyer's Agent

Cheryl Sherman

Coldwell Banker Realty License #01336498

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,931

Year Built

  • Built in 1952

Lot Details

  • 0.48 Acre Lot
  • Gated Home
  • Wrought Iron Fence
  • Wood Fence
  • Property is zoned LARE40

Property Views

  • Canyon
  • Mountain

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,977 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Loft
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • In Ground Pool
  • Brick Porch or Patio

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2385-023-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,931

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 2977
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Tile
  • Appliances: Built-Ins, Double Oven, Microwave
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • Three Quarter Bathrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Galley Kitchen
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Microwave
  • Price Per S Q F T: 636.55

Exterior Features

  • Construction: Brick, Concrete
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Fence: Wood, Wrought Iron
  • Guest House: Detached
  • Patio: Brick
  • Pool Description: Private
  • Pool: Yes
  • Roof: Composition
  • View: Canyon, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Attached, Carport, Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Lot Info

  • Assessor Parcel Number: 2385-023-036
  • Lot Size Area: 20719

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2012
Closed on
Feb 23, 2013
Sold by
Cornelius Anthony and Cornelius Raymond
Bought by
Edson Michael
Seller's Agent
Fran H. Chavez
Christie's International Real Estate SoCal
Buyer's Agent
Cheryl Sherman
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,390,000
Premium/Discount to List
-$505,000
-26.65%
Current Estimated Value
$3,180,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,790,111
Avg. Annual Appreciation
6.62%
Original Mortgage
$1,000,000
Outstanding Balance
$706,503
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,380,344

Purchase Details

Listed on
Oct 26, 2012
Closed on
Feb 21, 2013
Sold by
Don Cornelius Productions Inc
Bought by
Cornelius Anthony and Cornelius Raymond
Seller's Agent
Fran H. Chavez
Christie's International Real Estate SoCal
Buyer's Agent
Cheryl Sherman
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,390,000
Premium/Discount to List
-$505,000
-26.65%

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
Outstanding Balance
$706,503
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,380,344

Purchase Details

Closed on
Jul 7, 2010
Sold by
Don Cornelius Productions Inc
Bought by
Don Cornelius Productions Inc

Purchase Details

Closed on
May 21, 2009
Sold by
Cornelius Viktoria Chapman
Bought by
Cornelius Donald C

Purchase Details

Closed on
Oct 5, 2007
Sold by
Cornelius Viktoria
Bought by
Cornelius Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
7.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2007
Sold by
Don Cornelius Productions Inc
Bought by
Cornelius Don

Purchase Details

Closed on
Nov 27, 2001
Sold by
Cornelius Donald C
Bought by
Don Cornelius Productions Inc
Source: Public Records

Range of Values:

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Average Value
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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
Edson Michael $1,390,013 California Title Company
Cornelius Anthony -- California Title Company
Don Cornelius Productions Inc -- Equity Title
Cornelius Donald C -- None Available
Cornelius Don -- Provident Title Company
Cornelius Don -- Provident Title Company
Don Cornelius Productions Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edson Michael $1,000,000
Previous Owner Cornelius Don $2,040,000
Previous Owner Don Cornelius Productions Inc $1,440,000
Previous Owner Don Cornelius Productions Inc $1,056,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2013 04/04/13 Sold $1,390,000 -26.6% $467 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $1,895,000 -- $637 / 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 $20,931 $1,711,673 $1,108,279 $603,394
2024 $20,931 $1,678,112 $1,086,549 $591,563
2023 $20,532 $1,645,209 $1,065,245 $579,964
2022 $19,615 $1,612,951 $1,044,358 $568,593
2021 $19,377 $1,581,326 $1,023,881 $557,445
2019 $18,739 $1,534,425 $993,513 $540,912
2018 $18,428 $1,504,339 $974,033 $530,306
2016 $17,586 $1,445,925 $936,211 $509,714
2015 $17,329 $1,424,207 $922,149 $502,058
2014 $17,388 $1,396,310 $904,086 $492,224
Source: Public Records

Agents Affiliated with this Home

  • Fran H. Chavez

    Seller's Agent in 2013

    Fran H. Chavez

    Christie's International Real Estate SoCal

    (818) 517-1411

    6 in this area

    48 Total Sales

    Fran H. Chavez
    Section Image
  • Cheryl Sherman

    Buyer's Agent in 2013

    Cheryl Sherman

    Coldwell Banker Realty

    (310) 890-6151

    Cheryl Sherman
    Section Image
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Map

Source: The MLS

MLS Number: 12-632209

The MLS

APN: 2385-023-036

California Los Angeles County Beverly Hills 90210

12685 Mulholland Dr, Beverly Hills, CA

This home is located at 12685 Mulholland Dr, Beverly Hills, CA 90210 since 26 October 2012 and is currently estimated at $3,180,111, approximately $1,068 per square foot. This property was built in 1952. 12685 Mulholland Dr is a home located in Los Angeles County with nearby schools including Ulysses S. Grant Senior High School, Dixie Canyon Avenue Elementary School, and Riverside Drive Charter Elementary School.

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