NOT LISTED FOR SALE

Estimated Value: $7,843,000 - $12,060,311

7 Beds
10 Baths
14,374 Sq Ft
$652/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $7,970,000 $554 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $60,849/month

40 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • Tennis Courts
  • Dapplegray Elementary School Rated A+
  • Indoor Pool
  • Wine Cellar

About This Home

As of June 2015

This gorgeous modern California Ranch style architectural estate is in the exclusive community of Rolling Hills.
Approximately 14,374 Sq.ft. of luxurious living space designed by renowned Cliff May. The owner states that 2 million+
was spent to remodel/upgrade the home in 2010 while staying true to its modern "California Ranch" architectural
heritage. This rare and "one-of-a-kind" property is situated on 4.19 acres of park-like grounds with panoramic city and
ocean views, the home features a unique indoor pool with retractable roof and wet bar for a year-round use,
North/South tennis court with large cabana, this is an entertainer's paradise with all amenities with an expansive living
area that boasts distressed American walnut wood floors, dry sauna, gym, 5 fireplaces, skylight, cathedral ceilings
with an oversized media room and full bar, wine cellar, and gaming area. Gourmet kitchen features a commercial grade
Wolf range and built-in subzero freezer/refrigeration units and built-in coolers. Second master suite has a private patio.
Detached guest quarters with full bath maybe used as maid's quarters. It also features a built-in closed circuit camera
security system and ample paved driveways with parking for up to 30 vehicles.

Last Listed By

Richard Edler

Vista Sotheby's International Realty License #01113145 Listed on: 02/23/2015

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106,905

Year Built

  • Built in 1983

Lot Details

  • 4.46 Acre Lot
  • Backyard Sprinklers
  • Back and Front Yard

Parking

  • 4 Car Attached Garage
  • 2 Carport Spaces
  • Parking Available

Property Views

  • Ocean
  • City Lights

Home Design

  • Custom Home
  • Turnkey

Interior Spaces

  • 14,374 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Skylights
  • Recessed Lighting
  • Window Screens
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Library
  • Sauna
  • Home Gym
  • Laundry Room
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Corian Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Tennis Courts
  • Horse Property
  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Conventional Septic

Community Details

  • Property has a Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Tax Lot 174
  • Tax Tract Number 6705
  • Assessor Parcel Number 7569024003

Home Details

Home Type

Single Family

Est. Annual Taxes

$106,905

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Closed Circuit Camera(s), Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Custom Built, Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7569024003
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 14374.00
  • Interior Amenities: Corian Counters, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 554.47
  • Room Type: Basement, Den, Entry, Family Room, Formal Entry, Guest/Maid's Quarters, Exercise Room, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Home Theatre, Two Masters, Wine Cellar
  • Spa Features: Heated, In Ground, Private
  • Window Features: Screens, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private, Tennis Court Private
  • Exterior Features: Lighting
  • View: City Lights, Ocean
  • Patio And Porch Features: Wrap Around
  • Pool Features: In Ground, Indoor, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Trash Compactor
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Horse Property, Lot Over 40000 Sqft, Ranch, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 194444.00
  • Lot Size Acres: 4.4640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 194444.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 174
  • Tax Tract Number: 6705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 20, 2015
Sold by
Cisrow Inc
Bought by
The Goldenberg 2012 Revocable Trust
Seller's Agent
Richard Edler
Vista Sotheby's International Realty
Buyer's Agent
Kris Terrill
Pacifica Properties Group, Inc.
List Price
$8,499,000
Sold Price
$7,970,000
Premium/Discount to List
-$529,000
-6.22%
Total Days on Market
40
Current Estimated Value
$9,368,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,398,437
Avg. Annual Appreciation
1.64%
Original Mortgage
$5,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2006
Sold by
Safaei Parviz and Safaei Monireh
Bought by
Cisrow Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,810,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 2002
Sold by
Helford Irwin and Helford Betty
Bought by
Safaei Parviz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.09%

Purchase Details

Closed on
Aug 3, 1995
Sold by
Price Westcott W and Price Hillary Haney
Bought by
Helford Irwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
8.36%

Purchase Details

Closed on
Jun 9, 1995
Sold by
Crest Road Partners
Bought by
Price Westcott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
8.36%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Price Westcott W and Price Hillary Haney
Bought by
Crest Road Partners

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
The Goldenberg 2012 Revocable Trust $7,970,000 Lawyers Title
Cisrow Inc $8,300,000 First American Title Company
Safaei Parviz $6,600,000 California Title Company
Helford Irwin $5,700,000 Chicago Title Insurance
Price Westcott W -- Orange Coast Title
Crest Road Partners $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldenberg Adam $8,400,000
Closed Goldenberg Adam $8,400,000
Closed Goldenberg Adam $9,500,000
Closed Goldenberg Adam $2,500,000
Closed The Goldenberg 2012 Revocable Trust $5,000,000
Previous Owner Cisrow Inc $5,810,000
Previous Owner Safaei Parviz $2,500,000
Previous Owner Price Westcott W $3,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2015 06/02/15 Sold $7,970,000 -6.2% $554 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $8,499,000 -- $591 / 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
2024 $106,905 $9,491,432 $5,620,414 $3,871,018
2023 $105,435 $9,305,326 $5,510,210 $3,795,116
2022 $99,715 $9,122,869 $5,402,167 $3,720,702
2021 $99,522 $8,943,991 $5,296,243 $3,647,748
2019 $95,154 $8,586,806 $5,139,154 $3,447,652
2018 $93,041 $8,418,438 $5,038,387 $3,380,051
2016 $104,437 $9,600,000 $6,674,600 $2,925,400
2015 $94,973 $8,664,000 $6,023,800 $2,640,200
2014 -- $8,664,000 $6,023,800 $2,640,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15037898

California Regional Multiple Listing Service (CRMLS)

APN: 7569-024-003