NOT LISTED FOR SALE

Estimated Value: $6,692,000 - $13,671,658

5 Beds
5.5 Baths
4,667 Sq Ft
$1,860/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $4,425,000 $948 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $54,718/month

23 Days on Market

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • Living Room with Fireplace
  • Gourmet Kitchen
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2013

Behind the private gates of this Riviera Estate awaits a stunning tropical paradise home. Set on a large flat lot this one of a kind house is surrounded by mature palm trees and lush foliage. 5 bedroom / bath suites add to the luxurious and relaxed lifestyle. Large master suite ensures privacy with separate office. Sub Zero, 6 burner Viking, and food pantry make cooking a pleasure in large kitchen. Excellent interior flow leads to an island style backyard with pool, spa tub, waterfalls, BBQ and refrigerator. Perfect for entertaining. Come home to a vacation paradise.

Last Agent to Sell the Property

JoAnn G. Schoemann

Douglas Elliman of California, Inc. License #01813362 Listed on: 09/23/2013

Co-Listed By

Rod Aragon

Sotheby's International Realty License #00978710

Last Buyer's Agent

Jay Lerer

Estate Properties License #01085015

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,934

Year Built

  • Built in 1951

Lot Details

  • 0.37 Acre Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned LARE11

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 4,667 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Pool Views
  • Gourmet Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Pool

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

Outdoor Features

  • Open Patio
  • Built-In Barbecue

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4425-013-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,934

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 4667
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Built-In BBQ
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Bedroom Features: Master Retreat
  • One Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins
  • Fireplace: Yes
  • Inclusions: in ground trampoline, climbing equipment
  • Price Per S Q F T: 1027.43
  • Windows: French Windows

Exterior Features

  • Other Features: Custom Built
  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool Description: Waterfall
  • Pool: Yes
  • Roof: Shingle
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4425-013-009
  • Geocode Override: No
  • Lot Description: Lot-Level/Flat
  • Lot Size Area: 16030

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Oct 23, 2013
Sold by
James Daniel H and James Mary Atwater
Bought by
Halaoui Michael A and Halaoui Amal K
Seller's Agent
JoAnn G. Schoemann
Douglas Elliman of California, Inc.
Buyer's Agent
Jay Lerer
Estate Properties
List Price
$4,795,000
Sold Price
$4,425,000
Premium/Discount to List
-$370,000
-7.72%
Current Estimated Value
$8,682,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,257,165
Avg. Annual Appreciation
6.10%
Original Mortgage
$3,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 1996
Sold by
Vangriffith Griffith and Griffith Christine Ingram
Bought by
James Daniel H and James Mary Atwater

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,500
Interest Rate
4.5%
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
Halaoui Michael A $4,425,000 Fidelity National Title
James Daniel H $1,550,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halaoui Michael Adnan $1,000,000
Open Halaoui Michael A $2,640,000
Closed Halaoui Michael A $2,680,000
Closed Halaoui Michael A $3,000,000
Previous Owner Halaoui Michael A $3,000,000
Previous Owner James Daniel H $954,000
Previous Owner James Daniel H $954,000
Previous Owner James Daniel H $995,000
Previous Owner James Daniel H $1,007,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $4,425,000 -7.7% $948 / Sq Ft
09/23/2013 09/23/13 For Sale $4,795,000 -- $1,027 / 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 $88,934 $7,484,941 $5,424,441 $2,060,500
2024 $88,934 $7,338,179 $5,318,080 $2,020,099
2023 $87,190 $7,194,294 $5,213,804 $1,980,490
2022 $83,102 $7,053,230 $5,111,573 $1,941,657
2021 $82,102 $6,914,933 $5,011,347 $1,903,586
2019 $60,859 $5,149,234 $4,862,708 $286,526
2018 $60,565 $5,048,269 $4,767,361 $280,908
2016 $55,010 $4,582,240 $2,982,132 $1,600,108
2015 $54,197 $4,513,411 $2,937,338 $1,576,073
2014 $54,342 $4,425,000 $2,879,800 $1,545,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-705379

The MLS

APN: 4425-013-009