NOT LISTED FOR SALE

Estimated Value: $6,600,000 - $18,429,977

7 Beds
9 Baths
8,030 Sq Ft
$1,559/Sq Ft Est. Value

Last Sold February 06, 2014

Last sale price $14,469,935 $1,802 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $89,386/month

68 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Garage Apartment
  • Wine Cellar
  • Cabana
  • Gourmet Kitchen

About This Home

As of February 2014

Connecticut Traditional w/city & ocean views on the San Remo Rim in the Palisades Riviera. Gated & extremely private, this ideal family home represents an understated elegance where not a single expense was spared. The white painted wood clad exterior, w/ green shutters and S-shaped hold backs against the green Vermont slate roof exemplify the timelessness of the quality traditional architecture. The grand two story entry with its winding wooden staircase is the focal point of the house which delivers you to the living, family & dining rooms. The master suite & sitting room sit on point w/extraordinary views opening through French doors to a large private deck w/Fireplace. Gourmet center island kitchen, family rooms, LR, Formal DR, 4 secondary BRs, Guest suite, Maids, Wine Cellar, office, gym. Mature trees & exquisitely manicured gardens provide idyllic tranquility for this rare offering on upper San Remo.

Last Agent to Sell the Property

Geoffrey Lands

Bel-Air Realty License #01176925 Listed on: 10/20/2013

Last Buyer's Agent

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $255,930

Year Built

  • Built in 1995

Lot Details

  • 0.6 Acre Lot
  • East Facing Home
  • Gated Home
  • Wood Fence
  • Bluff on Lot
  • Rectangular Lot
  • Level Lot
  • Sprinklers on Timer
  • Lawn
  • Property is zoned LARE20

Parking

  • 10 Open Parking Spaces
  • 3 Car Garage
  • Garage Apartment

Property Views

  • Ocean
  • City
  • Canyon

Home Design

  • Traditional Architecture
  • Slate Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 8,030 Sq Ft Home
  • Elevator
  • Built-In Features
  • High Ceiling
  • Custom Window Coverings
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Center Hall
  • Attic Fan

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom
  • Powder Room
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower
  • Steam Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Alarm System
  • Fire Sprinkler System

Pool

  • Cabana
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Gas Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Sewer in Street
  • Satellite Dish

Community Details

  • Billiard Room
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4425-024-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$255,930

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 8030
  • Year Built: 1995
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Dining, Family Room, Living Room, Patio
  • Flooring: Stone, Wood
  • Appliances: Built-In Gas, Cooktop - Gas, Double Oven, Gas Grill
  • Bedrooms: 7
  • Full Bathroom: 7
  • Half Bathroom: 2
  • Bedroom Features: Dressing Area, Master Suite, WalkInCloset
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath, Granite, Linen Closet, Low Flow Toilet(s), Powder Room, Shower and Tub, Steam Shower
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Nook, Family Room, Formal Dining Rm, In Kitchen, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Island, Marble Counters, Open to Family Room
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Alarm System, Attic Fan, Barbeque, Bar Ice Maker, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Range/Oven, Satellite
  • Price Per S Q F T: 1911.58
  • Windows: Custom Window Covering, Drapes/Curtains, French Windows

Exterior Features

  • Direction Faces: East
  • Construction: Wood Siding
  • Other Features: Balcony, Barbecue Private, French Doors, Full Copper Plumbing, High Ceilings (9 Feet+), Rain Gutters, Sprinkler System
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Balcony, Covered Porch
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Roof: Slate
  • View: Canyon, City, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 10
  • Parking Garage: Garage - 3 Car
  • Total Parking: 13

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Fire Sprinklers, Gated, Prewired for alarm system
  • Sewer: In Street
  • Water: In Street

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler Timer
  • Assessor Parcel Number: 4425-024-019
  • Geocode Override: No
  • Lot Description: Lawn, Lot Shape-Rectangular, Lot-Level/Flat, Storm Drains, Street Asphalt, Street Lighting, Street Paved, Utilities Underground, Yard
  • Lot Location: Bluff Front
  • Lot Size Area: 26113

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2013
Closed on
Jan 14, 2014
Sold by
Fair Peter A and Fair Natalie E
Bought by
Connor Randal O and The East Norwich Trust
Seller's Agent
Geoffrey Lands
Bel-Air Realty
Buyer's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
List Price
$15,350,000
Sold Price
$14,469,935
Premium/Discount to List
-$880,065
-5.73%
Current Estimated Value
$12,514,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,954,946
Avg. Annual Appreciation
-1.25%
Original Mortgage
$14,469,935
Outstanding Balance
$10,383,924
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,131,065

Purchase Details

Closed on
Jan 12, 2007
Sold by
Fair Natalie E
Bought by
Fair Peter A and Fair Natalie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,037,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2006
Sold by
Fair Peter A
Bought by
Fair Natalie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1994
Sold by
Santa Monica Bank
Bought by
Fair Peter A and Fair Natalie E
Source: Public Records

Range of Values:

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Average Value
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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
Connor Randal O $14,470,144 Equity Title Company
Fair Peter A -- North American Title 91402
Fair Natalie E -- North American Title Co
Fair Peter A $1,715,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Randal O $7,594,911
Open Connor Randal O $14,469,935
Closed Connor Randal O $14,469,935
Previous Owner Fair Peter A $1,037,000
Previous Owner Fair Natalie E $1,045,000
Previous Owner Fair Peter A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2014 02/06/14 Sold $14,469,935 -5.7% $1,802 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
10/20/2013 10/20/13 For Sale $15,350,000 -- $1,912 / 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 $255,930 $21,675,172 $17,340,138 $4,335,034
2024 $255,930 $21,250,170 $17,000,136 $4,250,034
2023 $250,874 $20,833,500 $16,666,800 $4,166,700
2022 $195,727 $16,715,063 $12,706,741 $4,008,322
2021 $193,448 $16,387,318 $12,457,590 $3,929,728
2020 $195,507 $16,219,287 $12,329,853 $3,889,434
2019 $187,582 $15,901,263 $12,088,092 $3,813,171
2018 $187,101 $15,589,474 $11,851,071 $3,738,403
2016 $179,146 $14,984,118 $11,390,881 $3,593,237
2015 $176,485 $14,759,044 $11,219,780 $3,539,264
2014 $44,209 $3,580,145 $2,377,925 $1,202,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-711091

The MLS

APN: 4425-024-019