NOT LISTED FOR SALE

2985 Hutton Dr Beverly Hills, CA 90210

Beverly Crest Neighborhood

Estimated Value: $4,892,000 - $7,683,000

4 Beds
7 Baths
3,820 Sq Ft
$1,530/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $4,600,000 $1,204 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $35,598/month

58 Days on Market

Highlights

  • Sound Studio
  • Heated In Ground Pool
  • Canyon View
  • Warner Avenue Elementary Rated A
  • Two Primary Bathrooms
  • Midcentury Modern Architecture

About This Home

As of October 2019

Situated behind a gated motor court sits this private sophisticated contemporary on appx half an acre. Its mid-century beginnings have been re-imagined & expanded from studs to ceiling with meticulous attention to style and design. The open concept layout is made for entertaining and is abundantly light. Formal living & dining room, den/media room, European kitchen with custom cabinets and Miele appliances. Floor to ceiling Fleetwood glass pocket doors open to the covered patio with fireplace, pool, spa and expansive manicured grounds surrounded by mature trees & lush canyon vistas. The seductive master suite has a fireplace, dual bathrooms and custom walk in closets. There are two additional en-suite bedrooms plus the guest quarters/office with its own entrance. The appx 600 square foot recording studio comfortably converts to a family/game room/screening room. Some of the additional features include a stereo system with built-in speakers inside and out & a six-camera security system

Last Agent to Sell the Property

Tina Stern

Sotheby's International Realty License #01495944 Listed on: 07/18/2019

Sotheby's International Realty

Last Buyer's Agent

Kevin Vazquez Cabrera

Sotheby's International Realty License #02021674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,038

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • Property is zoned LARE20

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,820 Sq Ft Home
  • 1-Story Property
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Sound Studio
  • Canyon Views
  • Alarm System
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Automatic Gate
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4385-017-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,038

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Advertising Remarks: Situated behind a gated motor court sits this private sophisticated contemporary on appx half an acre. Its mid-century beginnings have been re-imagined & expanded from studs to ceiling with meticulous attention to style and design. The open concept layout is made for entertaining and is abundantly light. Formal living & dining room, den/media room, European kitchen with custom cabinets and Miele appliances. Floor to ceiling Fleetwood glass pocket doors open to the covered patio with fireplace, pool, spa and expansive manicured grounds surrounded by mature trees & lush canyon vistas. The seductive master suite has a fireplace, dual bathrooms and custom walk in closets. There are two additional en-suite bedrooms plus the guest quarters/office with its own entrance. The appx 600 square foot recording studio comfortably converts to a family/game/screening room. Some of the additional features include a stereo system with built-in speakers inside and out & a six-camera security system.
  • Exclusions: Dining room chandelier, powder room pair oif sconces and master bedroom single sconce
  • Living Area: 3820
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1966
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Living Room, Master Bedroom
  • Flooring: Hardwood, Stone
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Bedroom Features: All Bedrooms Down, Main Floor Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 1
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Dishwasher, Hood Fan, Refrigerator, Water Filter
  • Price Per S Q F T: 1243.46

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Covered
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Built-In Storage, Garage - 2 Car, Parking for Guests - Onsite

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4385-017-005
  • Geocode Override: No
  • Lot Size Area: 21391

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 3, 2019
Sold by
Mandel Richard
Bought by
Doracosta Real Estate Llc
Seller's Agent
Tina Stern
Sotheby's International Realty
Buyer's Agent
Kevin Vazquez Cabrera
Sotheby's International Realty
List Price
$4,750,000
Sold Price
$4,600,000
Premium/Discount to List
-$150,000
-3.16%
Current Estimated Value
$5,845,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,245,237
Avg. Annual Appreciation
4.07%

Purchase Details

Listed on
Apr 25, 2013
Closed on
Jul 30, 2013
Sold by
Snider Decroix Christine
Bought by
Mandel Richard and The 2985 Hutton Trust
Seller's Agent
Robin Plunket
Keller Williams Hollywood Hills
Buyer's Agent
Tina Stern
Sotheby's International Realty
List Price
$4,275,000
Sold Price
$3,950,000
Premium/Discount to List
-$325,000
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%

Purchase Details

Closed on
Jul 2, 2009
Sold by
Eder James J
Bought by
Snider Decroix Christine

Purchase Details

Closed on
Jul 1, 2009
Sold by
Snider Ed
Bought by
Snider Decroix Christine

Purchase Details

Closed on
Apr 18, 2007
Sold by
Moghavem Mehrdad and Moghavem Niloofar
Bought by
Eder James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,806,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2005
Sold by
Moghaven Mehrdad and Moghavem Niloofar
Bought by
Moghavem Mehrdad and Moghavem Niloofar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Moghavem Mehrdad and Moghavem Niloofar
Bought by
Moghavem Mehrdad and Moghavem Niloofar

Purchase Details

Closed on
Dec 2, 1993
Sold by
Bank Of America Nt & Sa
Bought by
Moghavem Mehrdad and Moghavem Niloofar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.21%
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
Doracosta Real Estate Llc $4,600,000 Fidelity National Title
Mandel Richard $3,950,039 Fidelity National Title Co
Snider Decroix Christine $2,500,000 Equity Title Los Angeles
Snider Decroix Christine -- Equity Title Los Angeles
Eder James J -- First American Title Co
Moghavem Mehrdad -- Lawyers Title
Moghavem Mehrdad -- Lawyers Title
Moghavem Mehrdad -- --
Moghavem Mehrdad -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eder James J $1,806,000
Previous Owner Moghavem Mehrdad $1,500,000
Previous Owner Moghavem Mehrdad $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2019 10/24/19 Sold $4,600,000 -3.2% $1,204 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $4,750,000 +20.3% $1,243 / Sq Ft
08/08/2013 08/08/13 Sold $3,950,000 -7.6% $1,217 / Sq Ft View Prior Sale
07/06/2013 07/06/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $4,275,000 -- $1,317 / 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 $60,038 $5,030,768 $2,377,366 $2,653,402
2024 $60,038 $4,932,126 $2,330,751 $2,601,375
2023 $58,867 $4,835,418 $2,285,050 $2,550,368
2022 $56,145 $4,740,607 $2,240,246 $2,500,361
2021 $55,479 $4,647,655 $2,196,320 $2,451,335
2019 $53,253 $4,467,915 $2,780,148 $1,687,767
2018 $53,003 $4,380,310 $2,725,636 $1,654,674
2016 $49,208 $4,090,360 $2,619,798 $1,470,562
2015 $48,482 $4,028,920 $2,580,447 $1,448,473
2014 $48,615 $3,950,000 $2,529,900 $1,420,100
Source: Public Records

Agents Affiliated with this Home

  • Tina Stern

    Seller's Agent in 2019

    Tina Stern

    Sotheby's International Realty

    (310) 987-0004

    17 Total Sales

    Tina Stern
    Section Image

  • K

    Buyer's Agent in 2019

    Kevin Vazquez Cabrera

    Sotheby's International Realty

  • g

    Buyer Co-Listing Agent in 2019

    greg moesser

    Sotheby's International Realty

    Section Image

  • R

    Seller's Agent in 2013

    Robin Plunket

    Keller Williams Hollywood Hills

    Section Image
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Map

Source: The MLS

MLS Number: 19-489500

The MLS

APN: 4385-017-005

California Los Angeles County Beverly Hills 90210 Beverly Crest

2985 Hutton Dr, Beverly Hills, CA

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