NOT LISTED FOR SALE

261 S Reeves Dr Unit 105 Beverly Hills, CA 90212

Estimated Value: $1,684,000 - $2,048,000

2 Beds
2.5 Baths
2,424 Sq Ft
$2,399/mo HOA Fee

Last Sold April 13, 2023

Last sale price $1,749,000 $722 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $13,321/month

4 Days on Market

Highlights

  • Concierge
  • Primary Bedroom Suite
  • Den
  • Beverly Vista Elementary School Rated A
  • 0.55 Acre Lot
  • Subterranean Parking

About This Home

As of April 2023

Stunning spacious two-story condo located in the exclusive "Maison Reeves" in prime Beverly Hills. Downstairs features an open living and formal dining area with an inviting fireplace, gorgeous wood flooring, crown molding and French doors that lead to a serene private patio perfect for outdoor dining, relaxing or entertaining. The kitchen has stainless steel Viking appliances, custom cabinetry, large center island, a casual dining area as well as bar height counter for additional seating. Off the kitchen is a den with a second set of French doors leading to the downstairs patio. Upstairs you will find two spacious bedrooms, two bathroom and laundry area. The large master suite has French doors that lead to the upstairs patio, two walk in closet areas with custom built-ins. The luxurious master bathroom features a large vanity with marble counter tops and dual sinks, large shower and separate soaking tub. This unit has 3 parking spaces and additional storage in the secure subterranean garage. This is a high service and luxurious building with immaculately maintained spaces, state of the art fitness center with sauna, and 24 hour security. This is the perfect location just one block from South Beverly Drive with its numerous bakeries, restaurants and boutiques, less than 2 blocks south of Wilshire between Charleville & Gregory and a short distance to all the world class shopping and dining that Beverly Hills has to offer.

Last Agent to Sell the Property

Judi Reimer

First Team Real Estate License #01218767 Listed on: 03/16/2023

First Team Real Estate

Co-Listed By

Janette Reimer

First Team Real Estate License #01371801

Last Buyer's Agent

Sandy Stewart

Coldwell Banker Realty License #01306177

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,321

Year Built

  • Built in 2007

Lot Details

  • 0.55

HOA Fees

  • $2,399 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 2,424 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 47201
  • Assessor Parcel Number 4331003067
  • $184 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 23 Units
  • Maison Reeves HOA, Phone Number (818) 528-6920
  • Golden Estate Management Inc HOA

Amenities

  • Concierge
  • Community Storage Space

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,321

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,399 per month

Parking

3

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: BHR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4331003067
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2424.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 721.53
  • Room Type: All Bedrooms Up, Den, Kitchen, Living Room, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Concierge, Earthquake Insurance, Security, Controlled Access, Maintenance Front Yard
  • Association Fee: 2399.41
  • Association Fee Frequency: Monthly
  • Association Name: Maison Reeves HOA
  • Phone: 818-528-6920
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Golden Estate Management Inc

Schools

  • School District: Beverly Hills Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 23821.00
  • Lot Size Acres: 0.5469

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23821.0000 Square Feet
  • Number Of Units In Community: 23
  • Number Of Units Total: 23

Tax Info

  • Tax Census Tract: 7009.02
  • Tax Lot: 1
  • Tax Tract Number: 47201
  • TaxOtherAnnualAssessmentAmount: 184.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Mar 20, 2023
Sold by
Hill Thomas
Bought by
Elaine M Polachek Separate Property Trust
Seller's Agent
Judi Reimer
First Team Real Estate
Buyer's Agent
Sandy Stewart
Coldwell Banker Realty
List Price
$1,749,000
Sold Price
$1,749,000
Views
64
Current Estimated Value
$1,830,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,177
Avg. Annual Appreciation
1.92%
Original Mortgage
$1,155,000
Outstanding Balance
$1,124,376
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$705,801

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 1, 2020
Sold by
Wilson Investments Limited
Bought by
Michaels Gilbert Neal
Seller's Agent
Paul Margolis
Rodeo Realty
List Price
$1,650,000
Sold Price
$1,533,000
Premium/Discount to List
-$117,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Jan 27, 2011
Sold by
Coleman Thomas Henry and Pacific Northstar Reeves Llc
Bought by
Wilsor Investments Limited
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
Elaine M Polachek Separate Property Trust $1,749,000 Fidelity National Title
Michaels Gilbert Neal $1,533,000 Equity Title Company
Wilsor Investments Limited $1,335,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elaine M Polachek Separate Property Trust $1,155,000
Previous Owner Wilsor Lnvestments Limited $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $1,749,000 0.0% $722 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,749,000 +14.1% $722 / Sq Ft
12/17/2020 12/17/20 Sold $1,533,000 -7.1% $632 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $1,650,000 -- $681 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,321 $1,030,714 $403,403 $627,311
2024 $12,321 $1,010,505 $395,494 $615,011
2023 $20,096 $1,656,300 $656,300 $1,000,000
2022 $18,805 $1,563,660 $970,326 $593,334
2021 $18,250 $1,533,000 $951,300 $581,700
2020 $18,742 $1,563,909 $990,243 $573,666
2019 $18,263 $1,533,245 $970,827 $562,418
2018 $17,579 $1,503,183 $951,792 $551,391
2016 $16,865 $1,444,815 $914,834 $529,981
2015 $16,145 $1,423,114 $901,093 $522,021
2014 $15,609 $1,395,238 $883,442 $511,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23043746

California Regional Multiple Listing Service (CRMLS)

APN: 4331-003-067