NOT LISTED FOR SALE

Estimated Value: $8,759,000

7 Beds
13 Baths
22,794 Sq Ft
$384/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $24,500,000 $1,075 Per Sq Ft

Current estimated payment $56,485/month

413 Days on Market

Highlights

  • Basketball Court
  • Home Theater
  • Golf Course View
  • Franklin Elementary School Rated A+
  • In Ground Pool
  • 58,806 Sq Ft lot

About This Home

As of March 2014

The Ultimate Family Estate. Trophy East Coast Traditional on prime 1.3 acre flat lot. 200ft of frontage on the Riviera Country Club. Over 22,700sqft newly built. Long private driveway leads to a grand arrival motor court with parking for 30 cars. Glamorous 2 story entry hall with sweeping limestone staircase. All public rooms offer 12 ft ceilings and french doors that open to flat grassy yard and then to the golf course beyond. Sophisticated library with fireplace, dining room comfortably seats 25, immense gourmet kitchen with calacatta gold marble counters & separate catering kitchen. Family room and breakfast room adjoin the kitchen and open on to the pool and spa. 2,500sqft master suite offers panoramic golf course views, dual marble baths and lavish closets. 4 additional bedrooms suites are perfect for a large family. Other amenities include an indoor half basketball court, gym, spa facilities, screening room and a 15 car garage. Shown only to pre-qualified Buyers.

Last Agent to Sell the Property

Drew Fenton

Carolwood Estates License #01317962 Listed on: 01/18/2013

Carolwood Estates

Co-Listed By

Trista Rullan

Carolwood Estates License #01067844

Last Buyer's Agent

Joyce Rey

Coldwell Banker Realty License #00465013

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $430,348

Lot Details

  • 1.35 Acre Lot
  • Property is zoned LAR1

Parking

  • Subterranean Parking

Property Views

  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 22,794 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 13 Bathrooms

Outdoor Features

  • In Ground Pool
  • Basketball Court
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4407-015-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$430,348

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 22794
  • Stories: 2
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio
  • Bedrooms: 7
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 13.00
  • Den: 0
  • Price Per S Q F T: 1138.46

Exterior Features

  • Tennis Court: Basketball
  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: Golf Course, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Subterranean

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4407-015-004
  • Geocode Override: No
  • Lot Size Area: 58806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Tobar Properties Inc
Bought by
Aref Corona Llc
Current Estimated Value
$8,759,000

Purchase Details

Listed on
Jan 18, 2013
Closed on
Mar 7, 2014
Sold by
San Vicente Estate Inc
Bought by
Tobar Properties Inc
Seller's Agent
Drew Fenton
Carolwood Estates
Buyer's Agent
Joyce Rey
Coldwell Banker Realty
List Price
$25,950,000
Sold Price
$24,500,000
Premium/Discount to List
-$1,450,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.47%
Original Mortgage
$15,000,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2012
Sold by
Riviera Maison Llc
Bought by
San Vicente Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000,000
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2011
Sold by
Irvin Richard R and Irvin Helene B
Bought by
Riviera Maison Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2004
Sold by
Ati Systems International Inc
Bought by
Irvin Richard R

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
4%
Mortgage Type
Balloon

Purchase Details

Closed on
May 29, 2001
Sold by
Brown Elene Bouhoutsos and Brown Dimitri C
Bought by
Ati Systems International Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
8%

Purchase Details

Closed on
Aug 26, 1993
Sold by
Bouhoutsos Jacqueline C
Bought by
Bouhoutsos Jacqueline Cotcher and The Jacqueline Cotcher Bouhoutsos Separa

Purchase Details

Closed on
Aug 25, 1993
Sold by
Bouhoutsos Jacqueline Cotcher and Bouhoutsos Dimitri C
Bought by
Bouhoutsos Jacqueline Cotcher and The Dimitri C Bouhoutsos & Jacqueline Co
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
Aref Corona Llc $17,754,500 Chicago Title Company
Tobar Properties Inc $15,425,654 Chicago Title Company
San Vicente Estate Inc -- None Available
Riviera Maison Llc $6,180,061 Chicago Title Company
Irvin Richard R $1,805,000 --
Ati Systems International Inc $4,825,000 Fidelity National Title
Bouhoutsos Jacqueline Cotcher -- --
Bouhoutsos Jacqueline Cotcher -- --
Bouhoutsos Jacqueline Cotcher -- --
Bouhoutsos Jacqueline Cotcher -- --
Bouhoutsos Jacqueline Cotcher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tobar Properties Inc $15,000,000
Previous Owner San Vicente Estate Inc $14,000,000
Previous Owner San Vicente Estate Inc $14,000,000
Previous Owner Riviera Maison Llc $14,000,000
Previous Owner Riviera Maison Llc $9,000,000
Previous Owner Irvin Richard R $6,000,000
Previous Owner Irvin Richard R $4,000,000
Previous Owner Irvin Richard R $1,000,000
Previous Owner Irvin Richard R $1,000,000
Previous Owner Ati Systems International Inc $2,400,000
Previous Owner Ati Systems International Inc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $24,500,000 0.0% $1,075 / Sq Ft
01/31/2014 01/31/14 Off Market $24,500,000 -- --
01/10/2014 01/10/14 For Sale $25,950,000 0.0% $1,138 / Sq Ft
01/10/2014 01/10/14 Price Changed $25,950,000 +5.9% $1,138 / Sq Ft
01/03/2014 01/03/14 Off Market $24,500,000 -- --
07/15/2013 07/15/13 Price Changed $29,995,000 -6.1% $1,316 / Sq Ft
06/13/2013 06/13/13 Price Changed $31,950,000 -8.7% $1,402 / Sq Ft
01/18/2013 01/18/13 For Sale $34,995,000 -- $1,535 / 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 $430,348 $36,410,538 $31,859,222 $4,551,316
2024 $430,348 $35,696,607 $31,234,532 $4,462,075
2023 $421,852 $34,996,675 $30,622,091 $4,374,584
2022 $401,973 $34,310,466 $30,021,658 $4,288,808
2021 $397,209 $33,637,713 $29,432,999 $4,204,714
2019 $385,157 $32,640,000 $28,560,000 $4,080,000
2018 $384,269 $32,000,000 $28,000,000 $4,000,000
2016 $278,877 $23,299,529 $19,157,391 $4,142,138
2015 $274,739 $22,949,550 $18,869,630 $4,079,920
2014 $88,618 $7,172,415 $3,073,892 $4,098,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-646351

The MLS

APN: 4407-015-004