NOT LISTED FOR SALE

1603 Tower Grove Dr Beverly Hills, CA 90210

Beverly Crest Neighborhood

Estimated Value: $3,749,000 - $4,737,000

4 Beds
4 Baths
4,142 Sq Ft
$1,053/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $2,125,000 $513 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $26,879/month

28 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Warner Avenue Elementary Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of March 2012

Mid-century character and 1960s modern flair highlight this unique jewel of a home. Perfectly situated on a hilltop knoll in Beverly Hills, the home features an exceptionally large and open living room that is perfect for entertaining either on a large scale or equally conducive to smaller, more intimate gatherings. French doors and walls of windows open onto rolling grassy lawn with gorgeous city views as well as a private and gated backyard with a large sparkling swimming pool. The master suite has a fireplace and sitting area and opens to the pool. The property also features a home theater, formal dining room and three additional bedrooms.

Last Agent to Sell the Property

Greg Holcomb

Carolwood Estates License #01347788 Listed on: 01/10/2012

Carolwood Estates

Co-Listed By

Mark Rutstein

Carolwood Estates License #01785276

Carolwood Estates

Last Buyer's Agent

Mark Rutstein

Compass License #01785276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,918

Year Built

  • Built in 1966

Lot Details

  • 0.31 Acre Lot
  • Property is zoned LARE15

Home Design

  • Modern Architecture

Interior Spaces

  • 4,142 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Theater
  • Home Office
  • Center Hall
  • City Lights Views
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 4 Bathrooms

Parking

  • Direct Access Garage
  • Side by Side Parking

Outdoor Features

  • Heated In Ground Pool
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4356-015-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,918

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 4142
  • Stories: 1
  • Year Built: 1966
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 529.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage, Private Garage, Side By Side

Utilities

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

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4356-015-012
  • Lot Size Area: 13330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Mar 12, 2012
Sold by
Day Richard J
Bought by
Ghodsian Brian and The Tree House Trust
Seller's Agent
Greg Holcomb
Carolwood Estates
Buyer's Agent
Mark Rutstein
Carolwood Estates
List Price
$2,195,000
Sold Price
$2,125,000
Premium/Discount to List
-$70,000
-3.19%
Total Days on Market
28
Current Estimated Value
$4,360,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,235,807
Avg. Annual Appreciation
5.58%
Original Mortgage
$2,200,000
Outstanding Balance
$1,535,471
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,825,336

Purchase Details

Closed on
Jul 21, 1998
Sold by
Hume Peter J
Bought by
Day Richard J

Purchase Details

Closed on
Oct 18, 1995
Sold by
Diener Andrea L
Bought by
Day Richard J and Hume Peter J

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
7.5%

Purchase Details

Closed on
Oct 5, 1994
Sold by
Chun Eva H K
Bought by
Diener Andrea L
Source: Public Records

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Range of Values:

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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
Ghodsian Brian $1,969,019 Chicago Title Glendale
Day Richard J $115,000 Fidelity National Title Co
Day Richard J $1,250,000 Equity Title
Diener Andrea L $660,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghodsian Brian $2,200,000
Previous Owner Day Richard J $1,200,000
Previous Owner Day Richard J $250,000
Previous Owner Day Richard J $250,000
Previous Owner Day Richard J $935,000
Previous Owner Day Richard J $935,000
Previous Owner Day Richard J $982,500
Previous Owner Day Richard J $1,000,000
Closed Diener Andrea L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2012 03/15/12 Sold $2,125,000 -3.2% $513 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $2,195,000 -- $530 / 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
2024 $29,918 $2,424,673 $1,939,742 $484,931
2023 $29,345 $2,377,131 $1,901,708 $475,423
2022 $28,016 $2,330,521 $1,864,420 $466,101
2021 $27,670 $2,284,825 $1,827,863 $456,962
2019 $26,781 $2,217,058 $1,773,649 $443,409
2018 $26,594 $2,173,587 $1,738,872 $434,715
2016 $25,400 $2,089,186 $1,671,350 $417,836
2015 $25,029 $2,057,805 $1,646,245 $411,560
2014 $25,103 $2,017,497 $1,613,998 $403,499
Source: Public Records

Agents Affiliated with this Home

  • Greg Holcomb

    Seller's Agent in 2012

    Greg Holcomb

    Carolwood Estates

    (310) 435-3711

    56 Total Sales

    Greg Holcomb
    Section Image
  • Mark Rutstein

    Seller Co-Listing Agent in 2012

    Mark Rutstein

    Carolwood Estates

    (310) 200-2524

    2 in this area

    40 Total Sales

    Mark Rutstein
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 12-574577

The MLS

APN: 4356-015-012

California Los Angeles County Beverly Hills 90210 Beverly Crest

1603 Tower Grove Dr, Beverly Hills, CA

This home is located at 1603 Tower Grove Dr, Beverly Hills, CA 90210 since 10 January 2012 and is currently estimated at $4,360,807, approximately $1,052 per square foot. This property was built in 1966. 1603 Tower Grove Dr is a home located in Los Angeles County with nearby schools including Warner Avenue Elementary, Good Shepherd Catholic School, and Sinai Akiba Academy.

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