NOT LISTED FOR SALE

Estimated Value: $8,071,000 - $9,872,000

5 Beds
7.5 Baths
8,385 Sq Ft
$1,037/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $8,000,000 $954 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $56,768/month

43 Days on Market

Highlights

  • Fitness Center
  • Wine Cellar
  • Home Theater
  • Roscomare Road Elementary Rated A
  • Gated with Attendant
  • Heated In Ground Pool

About This Home

As of January 2022

Exceptional Villa in the exclusive and gated Bel Air Crest. This private and secluded Villa sits on a hill at the end of a cul-de-sac, with unobstructed panoramic views. Enter through a chandeliered majestic foyer that sends you into a sumptuous formal living room with space for a piano, complemented with a formal dining room of generous size that calls for great entertaining. This Lower Level also includes a family room with plenty of space and a media room. The majestic staircase at the foyer will bring you to the Upper Level with a 1,200+/-sqft Master Suite with two separate lush bathrooms, two large dressing rooms/walk-in closets, a sitting room, a Swedish sauna, a balcony with magnificent views, and a romantic fireplace. The same Upper Level has three more bedrooms en suite to accommodate everybody. Back in the Lower Level, there is a fifth bedroom en suite for guests or the maid, a 500+ bottles wine cellar that complements a kitchen with everything you dream for: 60 Wolf range, four ovens, commercial Subzero refrigerator, a built-in Miele espresso machine, luxe granite countertops, two dishwashers, 3-motor exhaust hood, and tons of custom cabinetry, making it a dream master chefs kitchen. The large lot surrounds the Villa, creating different garden terraces with lush vegetation and a breathtaking pool to splash in while soaking the spectacular surrounding views. There will never be a shortage of space or panoramic views in this exceptional Villa!

Last Agent to Sell the Property

George Salazar

eXp Realty of Greater Los Angeles License #00884017 Listed on: 10/15/2021

eXp Realty of Greater Los Angeles

Co-Listed By

Yana Beranek

Berkshire Hathaway HomeServices California Properties License #01957970

Last Buyer's Agent

Amy Zoller

The Sher Group License #02078070

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,946

Year Built

  • Built in 1990

Lot Details

  • 0.75 Acre Lot
  • Gated Home
  • Property is zoned LARE15

HOA Fees

  • $984 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Automatic Gate

Property Views

  • Catalina
  • Panoramic

Home Design

  • Villa

Interior Spaces

  • 8,385 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Double Door Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Sauna
  • Center Hall
  • Alarm System
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 4377-042-030

Community Details

Overview

  • Association Phone (310) 471-3755

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,946

Year Built

Built in 1990

Lot Details

0

HOA Fees

$984 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Advertising Remarks: Exceptional Villa in the exclusive and gated Bel Air Crest. This private and secluded Villa sits on a hill, at the end of a cul-de-sac with unobstructed panoramic views. Boasting high ceilings, five bedrooms and six bathrooms across a sprawling two-story, 8,000+/- sq. ft. mansion, there will never be a shortage of space to enjoy formal and casual entertainment, privately or with guests, with unobstructed views from almost every room. The entertaining continues outside, with a pool to soak the day away, terraces and landscape with matured trees and foliage, all surrounded by the extraordinary views. When the time comes to cook for yourself, or for one hundred guests, there is a true chef's kitchen with a 60" Wolf range, four ovens, Subzero refrigerator, 3-motor exhaust hood, two dishwashers, a built-in Miele expresso machine, and luxe granite countertops. An unbelievable estate.
  • Complex Name: Bel Air Crest
  • Entry Location: Foyer
  • Living Area: 8385
  • Lot Acreage: 0.7486
  • Planned Urban Dev: 1
  • Probate: No
  • Stories: 2
  • Year Built: 1990
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Fireplace Rooms: Kitchen, Master Bedroom, Living Room, Family Room
  • Flooring: Stone, Hardwood, Mixed
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 7
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Gourmet Kitchen, Remodeled, Granite Counters, Island, Pantry
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Hood Fan, Refrigerator, Vented Exhaust Fan, Alarm System, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1013.71

Exterior Features

  • Other Features: Balcony, Custom Built, Double Door Entry, High Ceilings (9 Feet+), Sauna Private
  • Other Structures: None
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Panoramic, Catalina
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 4
  • Parking Garage: Garage - 3 Car, Auto Driveway Gate, Gated
  • Total Parking: 7

Utilities

  • Cooling: Air Conditioning, Multi/Zone, Central
  • Heating: Central, Zoned, Fireplace
  • Security: Automatic Gate, Gated Community with Guard, Guarded, Gated

Association/Amenities

  • Amenities: Tennis Courts, Spa, Pool, Clubhouse, Exercise Room, Basketball Court, Fitness Center, Playground, Gated Community Guard, Gated Parking

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 984.00
  • Phone: 3104713755|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4377-042-030
  • Lot Description: Gated with Guard
  • Lot Size Area: 32610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 6, 2021
Sold by
Chan Chung Kin and Chan Marian Cheng
Bought by
Degryse Laurent Jacques and Degryse Virginie Monique
Seller's Agent
George Salazar
eXp Realty of Greater Los Angeles
Buyer's Agent
Amy Zoller
The Sher Group
List Price
$8,500,000
Sold Price
$8,000,000
Premium/Discount to List
-$500,000
-5.88%
Current Estimated Value
$8,694,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,235
Avg. Annual Appreciation
2.82%
Original Mortgage
$5,000,000
Outstanding Balance
$4,618,124
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$4,228,301

Purchase Details

Closed on
Nov 8, 2011
Sold by
Chan Chung Kin and Chan Marian
Bought by
Chan Chung Kin and Chan Marian Cheng An Chao

Purchase Details

Closed on
Mar 3, 1994
Sold by
Holloway Brian and Holloway Frances
Bought by
Chan Chung Kin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Degryse Laurent Jacques $8,000,000 California Title Company
Chan Chung Kin -- None Available
Chan Chung Kin -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degryse Laurent Jacques $5,000,000
Previous Owner Chan Chung Kin $674,200
Previous Owner Chan Chung Kin $679,000
Previous Owner Chan Chung Kin $1,110,000
Previous Owner Chan Chung Kin $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $8,000,000 -5.9% $954 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $8,500,000 -- $1,014 / 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 $100,946 $8,489,664 $5,306,040 $3,183,624
2024 $100,946 $8,323,200 $5,202,000 $3,121,200
2023 $38,817 $3,144,875 $2,082,156 $1,062,719
2022 $36,967 $3,083,212 $2,041,330 $1,041,882
2021 $36,491 $3,022,757 $2,001,304 $1,021,453
2019 $35,334 $2,933,103 $1,941,946 $991,157
2018 $35,062 $2,875,592 $1,903,869 $971,723
2016 $33,457 $2,763,932 $1,829,941 $933,991
2015 $32,966 $2,722,416 $1,802,454 $919,962
2014 $33,074 $2,669,089 $1,767,147 $901,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-793154

The MLS

APN: 4377-042-030