NOT LISTED FOR SALE

Estimated Value: $7,089,000 - $15,804,036

8 Beds
12 Baths
10,299 Sq Ft
$1,058/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $12,550,000 $1,219 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $76,104/month

29 Days on Market

Highlights

  • Parking available for a boat
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Home Theater
  • 26,879 Sq Ft lot
  • Wood Flooring

About This Home

As of June 2020

Due to the ongoing pandemic, the price on this property has been reduced drastically for a very SHORT period of 30 days. It is the perfect opportunity for a serious buyer to take advantage of the situation to purchase this amazing Estate at near land value. This magnificent, private & enchanting estate was remodeled in 2017 & 2019 and is set on a flat lot w/ paddle/tennis court, basketball court, putting green, swimming pool w/ waterfall & sprawling lawn. An elegant living room w/ fireplace & spacious dining room are perfect for entertaining. A chef's kitchen w/ Italian cabinets & Miele appliances plus great room open to the loggia & views of the grounds. Master suite includes; sitting area, gym, steam shower, sauna, walk-in closets & dual bathrooms. A 3D theater, game room & maid's quarters are on the basement level. Additionally, there is all floor elevator access, full smart home automation, a 10-car motor court, 3-car garage, & catering kitchen w/ separate access for entertaining.

Last Agent to Sell the Property

Fiora Aston

Compass License #00991714 Listed on: 04/15/2020

Compass

Last Buyer's Agent

Jacqueline Gunn

Douglas Elliman License #01912797

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $201,064

Year Built

  • Built in 1993

Lot Details

  • 0.62 Acre Lot
  • Property is zoned LARE20

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 10,299 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Bonus Room with Fireplace
  • Home Gym
  • Pool Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • 12 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • 10 Open Parking Spaces
  • Driveway
  • Guest Parking
  • Parking available for a boat
  • RV Access or Parking

Pool

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

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4406-007-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$201,064

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 10299
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1993
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bonus Room, Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Stone
  • Bedrooms: 8
  • Full Bathroom: 12
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 12.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Elevator, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1257.40

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Private, Waterfall
  • Pool: Yes
  • Spa: Heated, Indoor
  • Spa Yn: Yes
  • View: Pool, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 10
  • Parking Garage: Boat, Direct Entrance, Driveway, Garage - 3 Car, Garage Is Attached, Parking for Guests, RV Access

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4406-007-009
  • Geocode Override: No
  • Lot Size Area: 26879

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 22, 2020
Sold by
Vandad Llc
Bought by
Lola Capital 2 Llc
Seller's Agent
Fiora Aston
Compass
Buyer's Agent
Jacqueline Gunn
Douglas Elliman
List Price
$12,950,000
Sold Price
$12,550,000
Premium/Discount to List
-$400,000
-3.09%
Current Estimated Value
$10,892,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,657,655
Avg. Annual Appreciation
-2.68%

Purchase Details

Closed on
Mar 8, 2019
Sold by
Chapchian Nahid and Zarrin Shahrokh
Bought by
Vandad Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 7, 2019
Sold by
Vandad Llc
Bought by
Chapchian Nahid and Zarrin Shahrokh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jul 2, 2012
Sold by
Kelsey Street Llc
Bought by
Vandad Llc
Seller's Agent
Ron Holliman
Coldwell Banker Realty
Buyer's Agent
Fereshteh Behinkish
The ONE Luxury Properties
List Price
$7,899,000
Sold Price
$7,100,000
Premium/Discount to List
-$799,000
-10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Namvar Ezri
Bought by
Kelsey Street Llc

Purchase Details

Closed on
Sep 3, 2008
Sold by
Namvar Ezri
Bought by
Namvar Ezri and The Namvar Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 2006
Sold by
Namvar Ezri
Bought by
Namvar Ezri and Namvar Ilana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1999
Sold by
Namco Financial Inc
Bought by
Namvar Ezri and Namvar Ilana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,030,000
Interest Rate
3.95%

Purchase Details

Closed on
Jun 24, 1997
Sold by
Negrin Theodore
Bought by
Namco Financial Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
7.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 1994
Sold by
Negrin Theodore
Bought by
Negrin Theodore and Negrin Marsha Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.25%
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
Lola Capital 2 Llc $12,550,000 Lawyers Title Company
Vandad Llc -- Western Resources Title Co
Chapchian Nahid -- Western Resources Title Co
Vandad Llc $7,100,071 Chicago Title Company
Kelsey Street Llc $6,000,000 Old Republic Title Company
Namvar Ezri -- Fidelity National Title Co
Namvar Ezri -- Fidelity National Title Co
Namvar Ezri -- Fidelity Title
Namco Financial Inc $2,060,000 Progressive Title Company
Negrin Theodore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lola Capital 2 Llc $15,000,000
Previous Owner Chapchian Nahid $1,500,000
Previous Owner Namvar Ezri $0
Previous Owner Namvar Ezri $7,500,000
Previous Owner Namvar Ezri $0
Previous Owner Namvar Ezri $2,900,000
Previous Owner Namvar Ezri $3,030,000
Previous Owner Namco Financial Inc $1,060,000
Previous Owner Negrin Theodore $1,940,000
Previous Owner Negrin Theodore $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $12,550,000 -3.1% $1,219 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $12,950,000 +82.4% $1,257 / Sq Ft
07/13/2012 07/13/12 Sold $7,100,000 -10.1% $689 / Sq Ft
06/14/2012 06/14/12 For Sale $7,899,000 0.0% $767 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $7,899,000 -- $767 / 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 $201,064 $17,002,706 $9,897,386 $7,105,320
2024 $201,064 $16,669,320 $9,703,320 $6,966,000
2023 $159,315 $13,192,288 $9,513,059 $3,679,229
2022 $151,820 $12,933,617 $9,326,529 $3,607,088
2021 $150,012 $12,680,017 $9,143,656 $3,536,361
2020 $96,928 $7,994,485 $6,755,906 $1,238,579
2019 $93,021 $7,837,732 $6,623,438 $1,214,294
2018 $92,669 $7,684,052 $6,493,567 $1,190,485
2016 $88,636 $7,385,673 $6,241,415 $1,144,258
2015 $87,324 $7,274,735 $6,147,664 $1,127,071
2014 $87,549 $7,132,234 $6,027,240 $1,104,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-571204

The MLS

APN: 4406-007-009