NOT LISTED FOR SALE

Estimated Value: $4,549,000 - $5,436,000

6 Beds
8 Baths
5,894 Sq Ft
$852/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $3,400,000 $577 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $31,167/month

63 Days on Market

Highlights

  • In Ground Pool
  • Canyon View
  • Wood Flooring
  • 33,939 Sq Ft lot
  • Living Room with Fireplace
  • Mediterranean Architecture

About This Home

As of October 2018

This Mediterranean redone modern gated estate is perched on top of Mount Olympus with breathtaking canyon and city views on a oversized flat view lot. From high vaulted ceilings with floor to ceiling glass, each room in this home is bathed in sunlight and charm. Enter this beautiful estate through a 10 foot high custom iron door into a double height foyer. As you walk through the home you will find six en suite bedrooms that are separated from the living spaces to maintain privacy between you and your guests. This home was thoughtfully designed, which is made clear from the luxurious master suite that includes a private balcony, a large walk in closet and a his and hers bathroom. The kitchen is an entertainers dream featuring a full range stove top, stainless steel Sub-Zero refrigerator, and custom wood cabinets. Head outdoor and you won't be disappointed. There is a spacious outdoor area with a pool and spa and breathtaking canyon views. Located minutes from the Sunset Strip.

Last Agent to Sell the Property

Matthew Schwartz

Douglas Elliman of California, Inc. License #02035608 Listed on: 07/10/2018

Douglas Elliman of California, Inc.

Co-Listed By

Bjorn Farrugia

Carolwood Estates License #01864250

Last Buyer's Agent

Matthew Schwartz

Hilton & Hyland License #02035608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,568

Year Built

  • Built in 1991

Lot Details

  • 0.78 Acre Lot
  • Property is zoned LARE40

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,894 Sq Ft Home
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Canyon Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Parking

  • 11 Car Attached Garage
  • On-Street Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Pool Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5569-035-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,568

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 5894
  • Year Built: 1991
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Travertine
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Dishwasher, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 810.99

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Tile
  • Pool: Yes
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Garage - 3 Car, On street
  • Total Parking: 11

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5569-035-011
  • Geocode Override: No
  • Lot Size Area: 33939

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Ginzburg Dora and Ginzburg Semyon
Bought by
Ginzburg Dora and Ginzburg Semyon
Current Estimated Value
$5,023,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,508,900
Outstanding Balance
$1,373,966
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,721,724

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 17, 2018
Sold by
Shafrir Sarit and Shafrir Ami
Bought by
Ginzburg Dora and Ginzburg Semyon
Seller's Agent
Matthew Schwartz
Douglas Elliman of California, Inc.
Buyer's Agent
Matthew Schwartz
Douglas Elliman of California, Inc.
List Price
$4,780,000
Sold Price
$3,400,000
Premium/Discount to List
-$1,380,000
-28.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$1,500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2005
Sold by
Wilshire Executive Suites Inc
Bought by
Shoct Communications Inc

Purchase Details

Closed on
Feb 15, 2002
Sold by
Kent Family Fund Inc
Bought by
Wilshire Executive Suites Inc

Purchase Details

Closed on
Oct 24, 2001
Sold by
Kent Family Fund Inc
Bought by
Shafrir Sarit

Purchase Details

Closed on
Jan 25, 2000
Sold by
Shafrir Sarit
Bought by
Kent Family Fund Inc

Purchase Details

Closed on
Jan 7, 2000
Sold by
Shafrir Ami
Bought by
Shafrir Sarit
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
Ginzburg Dora -- Ticor Title
Ginzburg Dora $3,400,000 Stewart Title
Shoct Communications Inc -- --
Wilshire Executive Suites Inc -- United Title Company
Shafrir Sarit -- --
Kent Family Fund Inc -- Chicago Title Co
Shafrir Sarit -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginzburg Dora $1,508,900
Previous Owner Ginzburg Dora $1,500,000
Previous Owner Wilshire Executive Suites Inc $700,000
Previous Owner Wilshire Executive Suites Inc $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $3,400,000 -28.9% $577 / Sq Ft
07/10/2018 07/10/18 For Sale $4,780,000 -- $811 / 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 $45,568 $3,792,759 $2,654,932 $1,137,827
2024 $45,568 $3,718,392 $2,602,875 $1,115,517
2023 $44,686 $3,645,484 $2,551,839 $1,093,645
2022 $42,637 $3,574,004 $2,501,803 $1,072,201
2021 $42,112 $3,503,927 $2,452,749 $1,051,178
2020 $42,479 $3,468,000 $2,427,600 $1,040,400
2019 $40,784 $3,400,000 $2,380,000 $1,020,000
2018 $25,311 $2,056,972 $836,804 $1,220,168
2016 $24,150 $1,977,100 $804,311 $1,172,789
2015 $23,799 $1,947,403 $792,230 $1,155,173
2014 $23,880 $1,909,257 $776,712 $1,132,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-361918

The MLS

APN: 5569-035-011