NOT LISTED FOR SALE

Estimated Value: $4,122,005 - $6,163,000

5 Beds
5.5 Baths
4,095 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $4,375,000 $1,068 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $31,186/month

79 Days on Market

Highlights

  • Coastline Views
  • In Ground Pool
  • Wood Flooring
  • Warner Avenue Elementary Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of August 2020

ONE OF THE CHEAPEST VIEW HOMES FOR SALE IN THE AREA! At the top of Summitridge Dr. adjacent to Beverly Park, stands this Sleek modern custom gated home. Designed around the art of entertaining & set on a private street this newer built home features a flawless open floor plan with floor to ceiling walls of glass that showcase canyon & city views. Entertain in style from the open kitchen that is anchored by an oversized island with a cascading stone counter top, a built-in cappuccino maker and side by side oversized SS fridge & freezer. A formal dining area & large living rm all framed in to capture the stunning tranquil views of the city and canyons. With 5 beds & 6 baths including a private master suite w/ private balcony, spa like bathroom lined with Carrera marble and a shop-acholic walk in closet. The resort like back yard features a sparkling pool w/ lounge area & grassy area. Private in every way, designer finishes at every turn, this Zen like setting is truly breathtaking!

Last Agent to Sell the Property

Bjorn Farrugia

Carolwood Estates License #01864250 Listed on: 05/27/2020

Carolwood Estates

Co-Listed By

Donnell Beverly Jr

Coldwell Banker Envision License #01974189

Last Buyer's Agent

Konstantine Kabilafkas

Citywide Realty Corp License #01176858

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Property is zoned LARE15

Property Views

  • Coastline
  • City Lights
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,095 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Home Office
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4384-031-019

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0.4 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4095
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1171.92

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Coastline
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central, Electric, Gas
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4384-031-019
  • Geocode Override: No
  • Lot Size Area: 17345

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Farhad Manavi
Bought by
Farhad Manavi 2022 Revocable Trust
Current Estimated Value
$5,088,251

Purchase Details

Listed on
May 27, 2020
Closed on
Aug 19, 2020
Sold by
Manavi Marjaneh
Bought by
Manavi Farhad
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Konstantine Kabilafkas
Citywide Realty Corp
List Price
$4,799,000
Sold Price
$4,375,000
Premium/Discount to List
-$424,000
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$3,281,250
Interest Rate
2.37%

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 10, 2020
Sold by
Westbrook Russell and Westbrook Nina
Bought by
Manavi Farhad
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Konstantine Kabilafkas
Citywide Realty Corp
List Price
$4,799,000
Sold Price
$4,375,000
Premium/Discount to List
-$424,000
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,281,250
Interest Rate
2.37%

Purchase Details

Closed on
Oct 9, 2015
Sold by
Disick Scott Michael
Bought by
Westbrook Russell and Westbrook Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 13, 2014
Closed on
Dec 3, 2014
Sold by
Wystein Opportunity Fund Llc
Bought by
Disick Scott Michael
Seller's Agent
William Thon
Coldwell Banker Realty
Buyer's Agent
Tomer Fridman
Christie's International Real Estate SoCal
List Price
$3,750,000
Sold Price
$3,699,000
Premium/Discount to List
-$51,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$2,404,350
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 3, 2014
Closed on
Jan 29, 2014
Sold by
Yi Sung In and Yi Anne Hyong Sun
Bought by
Wystein Opportunity Fund Llc
Seller's Agent
Christophe Choo
Coldwell Banker Realty
Buyer's Agent
Paul Wylie
LAMERICA Real Estate
List Price
$1,799,000
Sold Price
$1,965,000
Premium/Discount to List
$166,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.66%
Original Mortgage
$1,295,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2011
Sold by
Yi Sung In and Yi Anne Hyong Sun
Bought by
Yi Sung In and Yi Anne Hyong Sun

Purchase Details

Closed on
Aug 16, 2010
Sold by
Yi Sung In and Yi Anne Hyongsun
Bought by
Yi Sung In and Yi Anne Hyongsun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Yi Sung In and Yi Anne Hyongsun
Bought by
Yi Sung In and Yi Anne Hyongsun

Purchase Details

Closed on
Mar 17, 2005
Sold by
Yi Sung In and Yi Anne Hyongsun
Bought by
Yi Sung In and Yi Anne Hyongsun

Purchase Details

Closed on
May 21, 2004
Sold by
Yi Sung In and Yi Anne Hyongsun
Bought by
Yi Sung In and Yi Anne Hyongsun

Purchase Details

Closed on
Apr 1, 2004
Sold by
Yi Sung In and Yi Anne Hyongsun
Bought by
Yi Sung In and Yi Anne Hyongsun

Purchase Details

Closed on
Jan 24, 2002
Sold by
Yi Sung In and Yi Anne Hyong Sun
Bought by
Yi Sung In and Yi Anne Hyong Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,500
Interest Rate
7.17%

Purchase Details

Closed on
Jan 24, 2001
Sold by
Yi Sung In and Yi Anne Hyong Sun
Bought by
Yi Sung In and Yi Anne Hyong Sun

Purchase Details

Closed on
Sep 10, 1998
Sold by
Yi Sung In and Yi Anne Hyong Sun
Bought by
Yi Sung In and Yi Anne Hyong Sun

Purchase Details

Closed on
Dec 15, 1997
Sold by
Tolkin Trust Tolkin Mel And Edith Trs Mel And
Bought by
Yi Sung In and Yi Anne Hyong Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farhad Manavi 2022 Revocable Trust -- Willkie Farr & Gallagher Llp
Manavi Farhad -- Fidelity National Title
Manavi Farhad $4,375,000 Fidelity National Title
Westbrook Russell $4,650,000 First American Title Co La
Disick Scott Michael $3,699,000 Fidelity National Title Co
Wystein Opportunity Fund Llc $1,965,019 Equity Title Los Angeles
Yi Sung In -- None Available
Yi Sung In -- --
Yi Sung In -- --
Yi Sung In -- Chicago Title Co
Yi Sung In -- --
Yi Sung In -- --
Yi Sung In -- Chicago Title
Yi Sung In -- --
Yi Sung In -- --
Yi Sung In $670,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manavi Farhad $3,281,250
Previous Owner Westbrook Russell $3,000,000
Previous Owner Disick Scott Michael $2,404,350
Previous Owner Wystein Opportunity Fund Llc $1,295,000
Previous Owner Yi Sung In $493,000
Previous Owner Yi Sung In $284,500
Previous Owner Yi Sung In $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2020 08/21/20 Sold $4,375,000 -8.8% $1,068 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $4,799,000 +29.7% $1,172 / Sq Ft
12/23/2014 12/23/14 Sold $3,699,000 -1.4% $903 / Sq Ft View Prior Sale
11/06/2014 11/06/14 For Sale $3,750,000 0.0% $916 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $3,750,000 +90.8% $916 / Sq Ft
02/12/2014 02/12/14 Sold $1,965,000 +9.2% $773 / Sq Ft View Prior Sale
01/15/2014 01/15/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $1,799,000 -- $708 / Sq Ft
Source: The MLS

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 $56,533 $4,735,638 $2,525,530 $2,210,108
2024 $56,533 $4,642,783 $2,476,010 $2,166,773
2023 $55,431 $4,551,749 $2,427,461 $2,124,288
2022 $52,869 $4,462,500 $2,379,864 $2,082,636
2021 $52,241 $4,375,000 $2,333,200 $2,041,800
2020 $61,159 $5,033,306 $2,791,807 $2,241,499
2019 $58,699 $4,934,615 $2,737,066 $2,197,549
2018 $58,376 $4,837,859 $2,683,399 $2,154,460
2016 $55,841 $4,650,000 $2,579,200 $2,070,800
2015 $44,455 $3,699,000 $2,809,000 $890,000
2014 $10,931 $872,713 $651,282 $221,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-582656

The MLS

APN: 4384-031-019

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