NOT LISTED FOR SALE

Estimated Value: $4,145,000 - $5,093,000

6 Beds
7 Baths
4,191 Sq Ft
$1,104/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $3,300,000 $787 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $28,819/month

200 Days on Market

Highlights

  • In Ground Pool
  • Living Room with Fireplace
  • No HOA
  • Colonial Architecture
  • Wood Flooring
  • Home Office

About This Home

As of February 2020

Perched in the hills off of Sunset Strip lies this Spanish Colonial Revival alive with old-world charm. Be spellbound by the home's immaculate attention to detail including hand-crafted moldings, bronze casted heating grates, enchanting archways, cove ceilings & columns. Entertain under opulent crown-molding in the living room or courtyard w/grand fireplace & plunge pool. Indulge in the dining room that flows seamlessly to the sleek kitchen equipped w/Thermador appliances, subway tiles, & stone counters. The lavish bedrooms & bathrooms are updated to the highest standard. The heart of the estate dwells in its breathtaking double-height library which features a decadently ornate fireplace, endless built-ins, a wet bar all laid on beautiful dark-wood floors. A cut above the rest, this home has been the subject of several Architecture Digest articles & has hosted some of Hollywood's most elite gatherings. Live in this work of art made to satisfy the most sophisticated palate.

Last Agent to Sell the Property

Bryce Lowe

Christie's International Real Estate SoCal License #01918939 Listed on: 07/08/2019

Christie's International Real Estate SoCal

Co-Listed By

Kirby Gillon

Christie's International Real Estate SoCal License #01960253

Last Buyer's Agent

Andrew Rhoda

Carolwood Estates License #01879250

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,412

Year Built

  • Built in 1927

Lot Details

  • 9,026 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5558-007-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,412

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Library, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Full Bathroom: 7
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Washer

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5558-007-009
  • Geocode Override: No
  • Lot Size Area: 9026

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Jan 28, 2020
Sold by
Wright Craig M
Bought by
Weisman Jed
Seller's Agent
Bryce Lowe
Christie's International Real Estate SoCal
Buyer's Agent
Andrew Rhoda
Carolwood Estates
List Price
$5,995,000
Sold Price
$3,300,000
Premium/Discount to List
-$2,695,000
-44.95%
Current Estimated Value
$4,625,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,325,087
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Goldsmith Llc
Bought by
Wright Craig M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.1%

Purchase Details

Closed on
Apr 20, 1998
Sold by
H Brown Rosemary and Weissberg Will
Bought by
Goldsmith Llc

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
7.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 1997
Sold by
Weissberg William H
Bought by
Weissberg William H and Brown Rosemary

Purchase Details

Closed on
Dec 17, 1996
Sold by
H Brown Rosemary and Weissberg Will
Bought by
Weissberg William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.59%

Purchase Details

Closed on
Apr 2, 1996
Sold by
Weissberg William H
Bought by
Weissberg William H and Brown Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
5.25%
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
Weisman Jed $3,300,000 Fidelity National Title Co
Wright Craig M $1,000,000 Southland Title
Goldsmith Llc $700,000 --
Weissberg William H -- --
Weissberg William H -- Southland Title Corporation
Weissberg William H -- --
Weissberg William H -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Craig M $500,000
Previous Owner Wright Craig M $715,000
Previous Owner Wright Craig M $750,000
Previous Owner Weissberg William H $0
Previous Owner Weissberg William H $50,000
Previous Owner Weissberg William H $517,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $3,300,000 -10.8% $787 / Sq Ft
01/21/2020 01/21/20 Price Changed $3,700,000 -14.9% $883 / Sq Ft
11/04/2019 11/04/19 Price Changed $4,350,000 -12.9% $1,038 / Sq Ft
08/05/2019 08/05/19 Price Changed $4,995,000 -9.1% $1,192 / Sq Ft
07/30/2019 07/30/19 Price Changed $5,495,000 -8.3% $1,311 / Sq Ft
07/08/2019 07/08/19 For Sale $5,995,000 -- $1,430 / 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 $43,412 $3,631,845 $2,504,667 $1,127,178
2024 $43,412 $3,560,633 $2,455,556 $1,105,077
2023 $42,568 $3,490,817 $2,407,408 $1,083,409
2022 $40,357 $3,400,870 $2,360,204 $1,040,666
2021 $39,866 $3,334,187 $2,313,926 $1,020,261
2020 $21,118 $1,715,827 $860,084 $855,743
2019 $20,267 $1,682,184 $843,220 $838,964
2018 $20,223 $1,649,201 $826,687 $822,514
2016 $19,293 $1,585,163 $794,587 $790,576
2015 $19,011 $1,561,353 $782,652 $778,701
2014 $19,068 $1,530,769 $767,321 $763,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-486046

The MLS

APN: 5558-007-009