$7,750,000
SOLD FEB 6, 2020
3 Beds
3.5 Baths
5,054 Sq Ft
0.39 Acres

Recently Sold

$1,533 Per Sq Ft

18% Below List Price

140 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • No HOA
  • Warner Avenue Elementary Rated A
  • Great Room
  • Home Office

About This Home

As of June 2023

The perfect combination of chic and elegant. Stunning international pavilion style estate reimagined by famed architect Marmol Radziner. This home features panoramic city to ocean views and tasteful interiors. Includes formal entry court, office, and gym. Walls of glass expose natural daylight and striking views. Herringbone brick floors throughout and neutral cabinetry create refined and sophisticated palette. Experience true California indoor-outdoor lifestyle; large living area is equipped with floor-to-ceiling windows, which open up to covered patio, gracious pool, and fire pit. Located in close proximity to Beverly Hills shops and restaurants.

Last Agent to Sell the Property

Stephen Resnick

Carolwood Estates License #01241282 Listed on: 08/02/2019

Carolwood Estates

Co-Listed By

Jonathan Nash

Carolwood Estates License #01943888

Last Buyer's Agent

Drew Fenton

Carolwood Estates License #01317962

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,644

Year Built

  • Built in 1967

Lot Details

  • 0.39 Acre Lot
  • Property is zoned LARE15

Parking

  • 5 Car Attached Garage

Property Views

  • Ocean
  • City

Interior Spaces

  • 1-Story Property
  • Entryway
  • Great Room
  • Dining Room
  • Home Office
  • Home Gym
  • Breakfast Area or Nook
  • Brick Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Heated In Ground Pool

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4355-015-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,644

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1967
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Brick
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 1

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • Spa Yn: No
  • View: City, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4355-015-054
  • Geocode Override: No
  • Lot Size Area: 16994

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Jun 9, 2023
Sold by
Dubreull Laure Heriard and Dubreull Robert Aaron
Bought by
1374 Laurel Way Llc
Seller's Agent
Drew Fenton
Carolwood Estates
Buyer's Agent
Marc Bretter
Maywood Property Group
List Price
$12,000,000
Sold Price
$9,045,000
Premium/Discount to List
-$2,955,000
-24.62%
Views
665
Current Estimated Value
$8,131,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$913,113
Avg. Annual Appreciation
-4.58%
Original Mortgage
$8,205,000
Outstanding Balance
$7,983,990
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
$147,897

Purchase Details

Listed on
Aug 2, 2019
Closed on
Dec 26, 2019
Sold by
Laccone Rea and The Laccone Living Trust
Bought by
Dubreuil Laure Heriard and Young Robert Aaron
Seller's Agent
Stephen Resnick
Carolwood Estates
Buyer's Agent
Drew Fenton
Carolwood Estates
List Price
$9,500,000
Sold Price
$7,750,000
Premium/Discount to List
-$1,750,000
-18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$3,000,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2018
Sold by
Laccone Rea L
Bought by
Laccone Rea and The Laccone Living Trust

Purchase Details

Closed on
Aug 19, 2002
Sold by
Laccone Rea and Laccone Living Trust
Bought by
Laccone Rea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
6.52%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Laccone Rea and The Rea Laccone Living Trust
Bought by
Laccone Rea and The Laccone Living Trust

Purchase Details

Closed on
Mar 3, 2000
Sold by
Laccone Rea
Bought by
Laccone Rea L and The Rea Laccone Living Trust

Purchase Details

Closed on
Jul 25, 1998
Sold by
Laccone Rea L
Bought by
Laccone Rea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,000
Interest Rate
6.9%

Purchase Details

Closed on
Mar 3, 1997
Sold by
James R Northcutt Trust and John
Bought by
Laccone Rea L

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
Interest Rate
7.74%

Purchase Details

Closed on
Dec 23, 1994
Sold by
Northcutt James Ray
Bought by
Northcutt James R and James R Northcutt Trust
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
Grant Deed $9,045,000 Equity Title
Grant Deed $7,775,000 Equity Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- American Coast Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $1,450,000 Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,205,000 Construction
Previous Owner $3,000,000 New Conventional
Previous Owner $965,000 No Value Available
Previous Owner $997,000 No Value Available
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $9,045,000 -6.8% $1,790 / Sq Ft
05/03/2023 05/03/23 Price Changed $9,700,000 -7.6% $1,919 / Sq Ft
04/14/2023 04/14/23 Price Changed $10,500,000 -12.5% $2,078 / Sq Ft
03/06/2023 03/06/23 For Sale $12,000,000 +54.8% $2,374 / Sq Ft
02/06/2020 02/06/20 Sold $7,750,000 -11.4% $1,533 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $8,750,000 -7.9% $1,731 / Sq Ft
08/13/2019 08/13/19 For Sale $9,500,000 +22.6% $1,880 / Sq Ft
08/02/2019 08/02/19 Off Market $7,750,000 -- --
08/02/2019 08/02/19 For Sale $9,500,000 -- $1,880 / 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 $111,644 $9,410,418 $6,242,400 $3,168,018
2024 $111,644 $9,225,900 $6,120,000 $3,105,900
2023 $98,992 $8,172,911 $7,358,249 $814,662
2022 $94,374 $8,012,659 $7,213,970 $798,689
2021 $93,263 $7,855,549 $7,072,520 $783,029
2020 $30,696 $2,485,251 $1,563,707 $921,544
2019 $29,482 $2,436,522 $1,533,047 $903,475
2018 $29,234 $2,388,748 $1,502,988 $885,760
2016 $27,918 $2,295,992 $1,444,626 $851,366
2015 $27,510 $2,261,505 $1,422,927 $838,578
2014 $27,592 $2,217,206 $1,395,054 $822,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-495700

The MLS

APN: 4355-015-054