NOT LISTED FOR SALE

261 S Reeves Dr Unit PH5 Beverly Hills, CA 90212

Estimated Value: $2,096,000 - $2,575,000

3 Beds
2.5 Baths
2,659 Sq Ft
$2,209/mo HOA Fee

Last Sold October 27, 2017

Last sale price $2,060,000 $775 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $17,520/month

53 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • City Lights View
  • Beverly Vista Elementary School Rated A
  • Gated Parking
  • 23,821 Sq Ft lot

About This Home

As of October 2017

A spacious and bright penthouse in the sought-after Beverly Hills Maison Reeves concierge building, offering beautiful views of downtown's city lights. An open floor plan, large living area and balcony, romantic master suite with large spa, over sized shower and custom built-out closet. Viking stainless steel appliances, granite counters, and hardwood floors. Washer and dryer in unit. Superb location near to Beverly Hills restaurants and shops. Top-flight fitness facility.

Last Agent to Sell the Property

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254 Listed on: 07/09/2017

The Oppenheim Group, Inc.

Co-Listed By

Graham Stephan

The Oppenheim Group, Inc. License #01852388

Last Buyer's Agent

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254 Listed on: 07/09/2017

The Oppenheim Group, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,765

Year Built

  • Built in 2007

Lot Details

  • 0.55

HOA Fees

  • $2,209 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,659 Sq Ft Home
  • 4-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Gated Parking
  • Guest Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4331-003-083

Community Details

Overview

  • 23 Units

Amenities

  • Concierge
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,765

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,209 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Street Number Display: Yes
  • Complex Name: Mason Reeves
  • Entry Floor: 4
  • Living Area: 2659
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2007
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Electric
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Washer
  • Price Per S Q F T: 864.61

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Covered Parking, Garage - 2 Car, Garage Is Attached, Gated Underground

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Concierge, Elevator, Exercise Room, Fitness Center, Guest Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 2209.35
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4331-003-083
  • Geocode Override: No
  • Lot Size Area: 23821

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2017
Closed on
Sep 6, 2017
Sold by
Brookman Amber M
Bought by
Haselmeier Immobilien Gmbh & Co Kg
Seller's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
Buyer's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
List Price
$2,299,000
Sold Price
$2,060,000
Premium/Discount to List
-$239,000
-10.4%
Current Estimated Value
$2,373,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,854
Avg. Annual Appreciation
1.60%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Saver Matthew H and Saver Nancy C
Bought by
Brookman Amber M and The Amber M Brookman 2001 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 6, 2010
Sold by
Coleman Thomas Henry and Pacific Northstar Reeves Llc
Bought by
Saver Matthew H and Saver Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,500
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Haselmeier Immobilien Gmbh & Co Kg $2,060,000 Chicago Title Company
Brookman Amber M $1,725,000 Provident Title Company
Saver Matthew H $1,575,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brookman Amber M $1,100,000
Previous Owner Saver Matthew H $729,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $2,060,000 -10.4% $775 / Sq Ft
09/01/2017 09/01/17 For Sale $2,299,000 +11.6% $865 / Sq Ft
08/31/2017 08/31/17 Off Market $2,060,000 -- --
08/31/2017 08/31/17 Pending -- -- --
07/09/2017 07/09/17 For Sale $2,299,000 0.0% $865 / Sq Ft
05/08/2015 05/08/15 Rented $8,500 0.0% --
05/08/2015 05/08/15 Under Contract -- -- --
03/02/2015 03/02/15 For Rent $8,500 +3.0% --
04/18/2013 04/18/13 Rented $8,250 0.0% --
04/18/2013 04/18/13 Under Contract -- -- --
02/06/2013 02/06/13 For Rent $8,250 0.0% --
12/04/2012 12/04/12 Sold $1,725,000 -4.1% $685 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $1,799,000 -- $715 / 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 $27,765 $2,343,925 $1,661,229 $682,696
2024 $27,765 $2,297,966 $1,628,656 $669,310
2023 $27,265 $2,252,909 $1,596,722 $656,187
2022 $26,483 $2,208,735 $1,565,414 $643,321
2021 $25,707 $2,165,427 $1,534,720 $630,707
2020 $25,621 $2,143,224 $1,518,984 $624,240
2019 $24,965 $2,101,200 $1,489,200 $612,000
2018 $24,032 $2,060,000 $1,460,000 $600,000
2016 $20,916 $1,794,405 $962,217 $832,188
2015 $20,022 $1,767,452 $947,764 $819,688
2014 $19,353 $1,732,831 $929,199 $803,632
Source: Public Records

Agents Affiliated with this Home

  • Jason Oppenheim

    Seller's Agent in 2017

    Jason Oppenheim

    The Oppenheim Group, Inc.

    (310) 990-6656

    3 in this area

    163 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2017

    Graham Stephan

    The Oppenheim Group, Inc.

  • A

    Seller's Agent in 2015

    Anne Kay

    Joshua Krom, Inc

    (310) 278-3311

    Section Image

  • R

    Buyer's Agent in 2015

    Roni Heller

    Coldwell Banker Realty

    (310) 729-7492

    5 Total Sales

    Section Image
  • Rayni Williams

    Buyer's Agent in 2013

    Rayni Williams

    The Beverly Hills Estates

    (310) 925-9281

    26 in this area

    161 Total Sales

    Section Image
  • Branden Williams

    Buyer Co-Listing Agent in 2013

    Branden Williams

    The Beverly Hills Estates

    (310) 278-3311

    32 in this area

    196 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 17-249388

The MLS

APN: 4331-003-083

California Los Angeles County Beverly Hills 90212

261 S Reeves Dr Unit PH5, Beverly Hills, CA

This home is located at 261 S Reeves Dr Unit PH5, Beverly Hills, CA 90212 since 09 July 2017 and is currently estimated at $2,330,606, approximately $876 per square foot. This property was built in 2007. 261 S Reeves Dr Unit PH5 is a home located in Los Angeles County with nearby schools including Beverly Vista Elementary School, Beverly Hills High School, and Harkham Hillel Hebrew Academy.

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