NOT LISTED FOR SALE

Estimated Value: $5,899,000 - $23,292,232

7 Beds
6 Baths
5,508 Sq Ft
$2,650/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $8,200,000 $1,489 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $103,283/month

183 Days on Market

Highlights

  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Home Office
  • 34,848 Sq Ft lot
  • Traditional Architecture
  • Bar

About This Home

As of March 2012

Once in a generation opportunity to acquire an incredible Colonial estate with park-like grounds and a fabled Hollywood history. Situated on an amazing almost 35,000 sf flat lot with rolling lawns, a large swimming pool, spectacular gardens and amazing areas for outdoor entertaining all in an extremely prime location. Beautifully proportioned rooms with many original details, sun-drenched rooms, and set amidst truly park-like estate grounds. Endless possibilities to expand, update, and further add value to this once in a lifetime property.

Last Agent to Sell the Property

Kurt Rappaport

Westside Estate Agency Inc. License #01036061 Listed on: 09/14/2011

Westside Estate Agency Inc.

Last Buyer's Agent

Patricia Waltcher

License #01176473

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $211,508

Year Built

  • Built in 1925

Lot Details

  • 0.8 Acre Lot
  • Gated Home
  • Property is zoned LARE15

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Synthetic Roof

Interior Spaces

  • 2-Story Property
  • Bar
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Home Office
  • Library
  • Carpet
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 6 Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Gravity Heating System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4425-029-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$211,508

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room, Master Bedroom, Wood Burning
  • Flooring: Carpet, Mixed
  • Bedrooms: 7
  • Fireplaces: 3
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Tennis Court: Room For
  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Composition, Synthetic
  • Spa: Hot Tub
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Heating: Gravity
  • Security: Gated
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4425-029-001
  • Lot Size Area: 34848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2016
Sold by
Tamkin Judith D and Fiduciary Trust International
Bought by
David & Jody Lippman Family Trust
Current Estimated Value
$15,720,650

Purchase Details

Listed on
Sep 14, 2011
Closed on
Mar 28, 2012
Sold by
Tamkin S Jerome and Tamkin Judith D
Bought by
Tamkin Judith D and Tamkin Steven M
Seller's Agent
Kurt Rappaport
Westside Estate Agency Inc.
Buyer's Agent
Patricia Waltcher
List Price
$8,975,000
Sold Price
$8,200,000
Premium/Discount to List
-$775,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$4,500,000
Interest Rate
3.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 1994
Sold by
Tamkin S Jerome and Tamkin Judith D
Bought by
Tamkin S Jerome and Tamkin Judith D
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 Buyer Sale Price Title Company
David & Jody Lippman Family Trust $4,995,000 Equity Title
Tamkin Judith D -- None Available
Tamkin S Jerome -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippman David $7,000,000
Previous Owner Lippman David $4,500,000
Previous Owner Fountain Barbara M $199,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $8,200,000 -8.6% $1,489 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
09/14/2011 09/14/11 For Sale $8,975,000 -- $1,629 / 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 $211,508 $17,827,756 $14,287,835 $3,539,921
2024 $211,508 $17,478,193 $14,007,682 $3,470,511
2023 $207,350 $17,135,484 $13,733,022 $3,402,462
2022 $197,617 $16,799,496 $13,463,748 $3,335,748
2021 $195,279 $16,470,095 $13,199,753 $3,270,342
2020 $193,178 $15,649,114 $12,940,935 $2,708,179
2019 $181,566 $15,342,268 $11,627,044 $3,715,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-554063

The MLS

APN: 4425-029-021