NOT LISTED FOR SALE

Estimated Value: $4,169,000 - $4,975,000

4 Beds
4 Baths
3,635 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $4,260,000 $1,172 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $29,548/month

10 Days on Market

Highlights

  • Heated In Ground Pool
  • 0.62 Acre Lot
  • Engineered Wood Flooring
  • City View
  • Family Room with Fireplace
  • No HOA

About This Home

As of October 2022

When noted architect Val Powelson set out to build his personal home in 1954, he drew on his full mastery. The current owners have lived here over 34 years; honoring his vision while sensitively upgrading and expanding it. Nestled in its tree-covered canyon, the ultra-private gated home can't be seen from the street. Within the sweeping main area, Powelson's light-filled approach features floor-to-ceiling windows and a beamed tongue-and-groove ceiling. Green views fill every room, while the back yard enjoys a vista west across the canyon. The open kitchen, part of a 2015 upgrade, is superbly designed and equipped. An earlier, renovation added a seamless second story with family room/library, spacious work areas and bedroom suite. The grounds are glorious, with a patio-circled pool, sunset facing hot tub, and Powelson's boulder-piled waterfall and fish pond. A stunning variety of mature trees and shrubs fills the property, and the gardens display an array of flowering plants and succulents year-round. Cooled by ocean breezes up the canyons, the home is made for entertaining. Runyon Canyon trails are just a walk-up Astral Drive, and both the Valley and the city are nearby. This midcentury romance is ready for its next chapter.

Last Agent to Sell the Property

Jonathan Mogharrabi

Carolwood Estates License #02009871 Listed on: 09/14/2022

Carolwood Estates

Last Buyer's Agent

Daniel Brown

Compass License #01335192

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,816

Year Built

  • Built in 1954

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 190x142
  • Property is zoned LARE15

Property Views

  • City
  • Woods
  • Canyon
  • Mountain
  • Hills

Interior Spaces

  • 3,635 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Car Direct Access Garage
  • Attached Carport
  • Parking Storage or Cabinetry
  • Private Parking
  • Auto Driveway Gate
  • Driveway

Pool

  • Heated In Ground Pool
  • Above Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5571-017-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,816

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 3635
  • Lot Acreage: 0.6182
  • Lot Dimensions: 190x142
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Hardwood, Engineered Hardwood, Carpet, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Microwave, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Trash Compactor, Water Filter, Barbeque
  • Price Per S Q F T: 1099.04

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Canyon, City, Hills, Mountains, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway Gate, Private, Driveway, Direct Entrance, Carport Attached, Built-In Storage
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5571-017-001
  • Lot Size Area: 26930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Sep 29, 2022
Sold by
First Restatement Of The Michael Norman
Bought by
Ham 1993 Trust
Seller's Agent
Jonathan Mogharrabi
Carolwood Estates
Buyer's Agent
Daniel Brown
Compass
List Price
$3,995,000
Sold Price
$4,260,000
Premium/Discount to List
$265,000
6.63%
Views
22
Current Estimated Value
$4,615,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,269
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
May 17, 2012
Sold by
Kaiser Michael N and Emanuelli Sharon K
Bought by
Kaiser Michael Norman and Emanuelli Sharon Kay

Purchase Details

Closed on
Jan 2, 2002
Sold by
Kaiser Michael Norman and Emanuelli Sharon Kay
Bought by
Kaiser Michael Norman and Emanuelli Sharon Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.01%

Purchase Details

Closed on
Feb 9, 1998
Sold by
K Kaiser Michael N and Emanuelli Sh
Bought by
Kaiser Michael Norman and Emanuelli Sharon Kay
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
Ham 1993 Trust $4,260,000 Fidelity National Title
Kaiser Michael Norman -- None Available
Kaiser Michael Norman -- Ticor Title
Kaiser Michael Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaiser Michael Norman $504,000
Previous Owner Kaiser Michael Norman $500,000
Previous Owner Kaiser Michael Norman $540,000
Previous Owner Kaiser Michael $300,000
Previous Owner Kaiser Michael Norman $555,000
Previous Owner Kaiser Michael $250,000
Previous Owner Kaiser Michael Norman $596,000
Previous Owner Kaiser Michael Norman $598,500
Previous Owner Kaiser Michael Norman $600,000
Previous Owner Kaiser Michael Norman $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $4,260,000 +6.6% $1,172 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $3,995,000 -- $1,099 / 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 $52,816 $4,432,103 $3,129,419 $1,302,684
2024 $52,816 $4,345,200 $3,068,058 $1,277,142
2023 $51,786 $4,260,000 $3,007,900 $1,252,100
2022 $17,309 $1,431,041 $461,021 $970,020
2021 $17,087 $1,402,982 $451,982 $951,000
2019 $16,514 $1,361,371 $438,577 $922,794
2018 $16,359 $1,334,678 $429,978 $904,700
2016 $15,596 $1,282,853 $413,283 $869,570
2015 $15,369 $1,263,585 $407,076 $856,509
2014 $15,426 $1,238,834 $399,102 $839,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-199799

The MLS

APN: 5571-017-001