$7,988,000
SOLD APR 28, 2017 RENTED MAY 24, 2025
5 Beds
7 Baths
7,018 Sq Ft
0.61 Acres

Recently Sold

$1,138 Per Sq Ft

6% Below List Price

76 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Primary Bedroom Suite
  • Warner Avenue Elementary Rated A
  • Heated In Ground Pool
  • 3-minute walk to Coldwater Canyon Park

About This Home

As of April 2017

Welcome to the Happily Ever After Home. Cape Cod infused with California glamour, this brand new constructed private, gated estate combines old-world grandeur and elegance, with luxurious modern amenities. Designed for entertaining, this timeless home is a standout combination of the classic and the contemporary, achieving the balance of tradition with modern impact. Marvel at the seamless merging of indoors and outdoors, along the luxurious beauty of the sun-filled main living area, which leads to a stunning outdoor space, complete with beautiful vignettes surrounded by exquisite water features, gleaming salt water pool and breathtaking views set in the most desirable location of Beverly Hills. With up to 16 ft high ceilings, elaborate wainscoting, custom wood work, lux stones, wine gallery, media room, gym, yoga deck, stately en-suite bedrooms with private balcony's, the best of crisp east coast beach style meets west coast sophistication in this unique, lushly-landscaped paradise.

Last Agent to Sell the Property

Tatiana Derovanessian

Keller Williams Beverly Hills License #01912761 Listed on: 01/28/2017

Keller Williams Beverly Hills

Last Buyer's Agent

Maria De Luna

Koch Properties, Inc. License #01769987

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $109,956

Year Built

  • Built in 2016

Lot Details

  • 0.61 Acre Lot
  • Property is zoned LARE15

Property Views

  • Ocean
  • City
  • Peek-A-Boo
  • Canyon
  • Valley
  • Pool

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 7,018 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Home Gym
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Double Vanity
  • Double Shower
  • Steam Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4386-001-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$109,956

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Advertising Remarks: www.3085FranklinCanyonDrive.com
  • Living Area: 7018
  • Stories: 3
  • Year Built: 2016
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Fire Pit, Gas, Living Room, Master Bedroom
  • Flooring: Hardwood, Stone Tile
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Bedroom Features: Master Retreat, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Powder Room, Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Family Kitchen, Family Room, Formal Dining Rm, Kitchen Island, Living Room
  • Laundry: Inside, On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1210.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, In Ground, Salt/Saline
  • Pool: Yes
  • Spa: Heated, Indoor
  • Spa Yn: Yes
  • View: Canyon, City, Ocean, Peek-A-Boo, Pool, Valley
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4386-001-010
  • Geocode Override: No
  • Lot Size Area: 26492

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Davila Luisa Fernanda Espinosa and Davila Jose Ag
Bought by
Davila Luisa Fernanda Esp
Current Estimated Value
$8,598,899

Purchase Details

Listed on
Jan 28, 2017
Closed on
Apr 25, 2017
Sold by
Bespoke Houses Llc
Bought by
Valdes Jose Agustin and Espinosa Luisa Fernanda
Seller's Agent
Tatiana Derovanessian
Keller Williams Beverly Hills
Buyer's Agent
Maria De Luna
Koch Properties, Inc.
List Price
$8,495,000
Sold Price
$7,988,000
Premium/Discount to List
-$507,000
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Mar 5, 2015
Sold by
Soldinger Mark
Bought by
Soldinger Mark and The 2015 Mark Soldinger Revoca

Purchase Details

Closed on
Oct 6, 2014
Sold by
12600 Mulholand Drive Llc
Bought by
Needham Simon and Soldinger Mark
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $7,988,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Unknown
Previous Owner $1,920,000 Negative Amortization
Previous Owner $500,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 Rented $100,000 0.0% --
05/23/2025 05/23/25 Under Contract -- -- --
04/11/2025 04/11/25 For Rent $100,000 0.0% --
04/28/2017 04/28/17 Sold $7,988,000 -6.0% $1,138 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
01/28/2017 01/28/17 For Sale $8,495,000 +466.3% $1,210 / Sq Ft
05/07/2014 05/07/14 Sold $1,500,000 -11.8% $539 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $1,700,000 -- $611 / 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
2024 $109,956 $9,088,975 $7,092,656 $1,996,319
2023 $107,796 $8,910,761 $6,953,585 $1,957,176
2022 $102,759 $8,736,041 $6,817,241 $1,918,800
2021 $101,545 $8,564,747 $6,683,570 $1,881,177
2019 $98,408 $8,310,714 $6,485,333 $1,825,381
2018 $97,957 $8,147,760 $6,358,170 $1,789,590
2017 $28,128 $2,329,996 $1,734,553 $595,443
2016 $27,479 $2,284,311 $1,700,543 $583,768
2015 $27,064 $2,250,000 $1,675,000 $575,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-197378

The MLS

APN: 4386-001-010