Landlord's Agent in 2019
Jennie Martin
Compass
(310) 467-5999
2 in this area
29 Total Sales
248 S La Peer Dr Beverly Hills, CA 90211
Estimated Value: $2,866,582 - $3,477,000
4
Beds
4
Baths
2,900
Sq Ft
$1,093/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Spanish Architecture
- Walk-In Closet
- Horace Mann Elementary School Rated A
- Balcony
- Central Heating and Cooling System
About This Home
As of October 2019Spanish beauty in the heart of Beverly Hills. Bright & airy, this 1920's home has been meticulously renovated from the foundation, up in 2014. This Spanish Style Estate features 4 beds, 4 Baths. Chef's Kitchen has custom white marble countertops a huge center island, Built-in high-end appliances, stove, double door refrigerator & wine cooler. Kitchen opens up into open flow dining area perfect for entertaining. Built in cabinet in living room providing lots of storage & built in office space. Vaulted ceiling & hardwood floors throughout. Master bedroom w/ ensuite bathroom and large walk in closet. Spacious laundry room with large LG washer / dryer included. The backyard features a beautiful covered wooden deck. Tranquil covered porch with manicured front lawn with ample space to entertain. Driveway is side-by-side parking can park 4 cars. No Garage-
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,633
Year Built
- Built in 1924
Lot Details
- 5,985 Sq Ft Lot
- Property is zoned BHR1*
Home Design
- Spanish Architecture
Interior Spaces
- 2,900 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Wood Flooring
- Alarm System
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 4 Carport Spaces
- Driveway
Outdoor Features
- Balcony
Utilities
- Central Heating and Cooling System
- Water Purifier
Listing and Financial Details
- Security Deposit $19,000
- Tenant pays for cable TV, electricity, gas, trash collection, water
- 12 Month Lease Term
- Assessor Parcel Number 4333-002-026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2020
Sold by
Derek And Wendy Cheng Living Trust and Cheng Derek
Bought by
Cheng Derek and Cheng Wendy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,919
Outstanding Balance
$1,099,576
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,069,570
Purchase Details
Listed on
May 25, 2018
Closed on
Jun 28, 2018
Sold by
Cheng Derek
Bought by
Cheng Derek and Cheng Wendy
Seller's Agent
Jennie Martin
Compass
Buyer's Agent
Jennie Martin
Compass
Sold Price
$9,100
Purchase Details
Listed on
Jul 26, 2012
Closed on
Aug 13, 2012
Sold by
Fishman Richard L and Fishman Susan P
Bought by
Cheng Derek and Cheng Wendy
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
Tregg Rustad
Rodeo Realty
List Price
$1,495,000
Sold Price
$1,401,386
Premium/Discount to List
-$93,614
-6.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$1,100,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2003
Sold by
Rahimi Shahram
Bought by
Rahimi Shahram
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cheng Derek | -- | New Title Company Name | |
| Cheng Derek | -- | None Available | |
| Cheng Derek | $1,401,500 | Equity Title Company | |
| Rahimi Shahram | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cheng Derek | $1,237,919 | |
| Previous Owner | Cheng Derek | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2019 10/30/19 | Rented | $8,750 | -7.9% | -- | |
| 10/28/2019 10/28/19 | For Rent | $9,499 | 0.0% | -- | |
| 10/20/2019 10/20/19 | Off Market | $9,499 | -- | -- | |
| 09/08/2019 09/08/19 | Price Changed | $9,499 | 0.0% | $3 / Sq Ft | |
| 08/20/2019 08/20/19 | For Rent | $9,500 | +4.4% | -- | |
| 07/16/2018 07/16/18 | Rented | $9,100 | -1.6% | -- | |
| 07/06/2018 07/06/18 | Price Changed | $9,250 | -2.6% | $3 / Sq Ft | |
| 06/11/2018 06/11/18 | Price Changed | $9,500 | -5.0% | $3 / Sq Ft | |
| 05/25/2018 05/25/18 | For Rent | $10,000 | 0.0% | -- | |
| 09/19/2012 09/19/12 | Sold | $1,401,386 | -6.3% | $505 / Sq Ft | View Prior Sale |
| 08/09/2012 08/09/12 | Pending | -- | -- | -- | |
| 07/26/2012 07/26/12 | For Sale | $1,495,000 | -- | $539 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $20,633 | $1,725,711 | $1,380,548 | $345,163 |
| 2024 | $20,633 | $1,691,875 | $1,353,479 | $338,396 |
| 2023 | $20,267 | $1,658,702 | $1,326,941 | $331,761 |
| 2022 | $19,690 | $1,626,179 | $1,300,923 | $325,256 |
| 2021 | $19,111 | $1,594,294 | $1,275,415 | $318,879 |
| 2020 | $19,046 | $1,577,948 | $1,262,338 | $315,610 |
| 2019 | $18,563 | $1,547,009 | $1,237,587 | $309,422 |
| 2018 | $17,771 | $1,516,676 | $1,213,321 | $303,355 |
| 2017 | $17,354 | $1,486,938 | $1,189,531 | $297,407 |
| 2016 | $17,045 | $1,457,783 | $1,166,207 | $291,576 |
| 2015 | $16,319 | $1,435,887 | $1,148,690 | $287,197 |
| 2014 | $15,780 | $1,407,761 | $1,126,189 | $281,572 |
Source: Public Records
Agents Affiliated with this Home
-
Jennie Martin
-
Tregg Rustad
Seller's Agent in 2012
Tregg Rustad
Rodeo Realty
(310) 428-3356
7 in this area
168 Total Sales
-
Peter Maurice
Seller Co-Listing Agent in 2012
Peter Maurice
Rodeo Realty
(310) 281-3950
6 in this area
133 Total Sales
Map
Source: The MLS
MLS Number: 19-501840
APN: 4333-002-026
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