NOT LISTED FOR SALE

Estimated Value: $3,226,148 - $3,354,000

4 Beds
3.5 Baths
3,338 Sq Ft
$990/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $1,663,000 $498 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $20,119/month

75 Days on Market

Highlights

  • Tennis Courts
  • 24-Hour Security
  • Canyon View
  • Warner Avenue Elementary Rated A
  • Cabana
  • Fireplace in Primary Bedroom

About This Home

As of June 2012

NOTE: BUYER PAID $15,000 OF SELLERS (CUSTOMARY CLOSING COSTS) BUYER INVITING ,DRAMATIC CONTEMPORARY/MEDITERRANEAN. TWO STY ENTRY/ WITH ARCHES & CHARM. LIVING RM WITH HIGH VAULTED CEILINGS, AND PICTURE WINDOWS. FML. DIN. WONDERFUL FAM. RM/KITCHEN. WOOD FLRS/ AND TILES. WHITE COUNTERS/ SUPERB APPLIANCES. FRENCH WINDOWS, FLOW TO MINI ESTATE SIZED ,GRASSY YARD AND UNOBSTRUCTED CANYON VIEWS! PERFECT FOR SUMMER ENTERTAINING. BARBEQUE,GAZEBO, REFRIG. SOOTHING WATERFALL, AND MANICURED GARDENS & ROSES. RM FOR POOL. MASTER HAS VAULTED CEILINGS AND 2 SINKS. LOTS OF CLOSETS. MAY BE POSS TO ADD ADDL. BEDS PER SELLER . GATE THE FRONT DRIVEWAY OR THE FRONT DOOR. PRIME BENEDICT HILLS LOCATION. 4 TENNIS CTS. 24 HR SECURITY+ OWNERS SECURITY. ADD WOOD FLRS & GRANITE COUNTERS& YOUR TASTE OF FURNITURE IF WANTED. TO COMPLETE THIS BEAUTIFUL HOME. CURRENT DECOR IS A GORGEOUS WHITE PALETTE. SUNNY & QUIET . EASY TO SHOW. REDUCED FROM $1,995,000 IN 2011' BUYERS MUST HAVE PRE-APPROVAL LETTER

Last Agent to Sell the Property

Deborah Moore

Keller Williams Beverly Hills License #00553233 Listed on: 03/14/2012

Keller Williams Beverly Hills

Last Buyer's Agent

Lina Chen

License #01892807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,260

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Property is zoned LARE20

Parking

  • Direct Access Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,338 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Canyon Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Intercom
  • Alarm System

Outdoor Features

  • Cabana
  • Tennis Courts
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4385-024-020

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Service Entrance
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,260

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3338
  • Stories: 2
  • Year Built: 1977
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Marble, Mixed, Tile
  • Bedrooms: 4
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 3.50
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Trash Compactor
  • Price Per S Q F T: 538.95

Exterior Features

  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool: No
  • Roof: Tile
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Direct Entrance, Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour
  • Sewer: In Street

Condo/Co-op/Association

  • HOA Fees: 250.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4385-024-020
  • Lot Size Area: 13198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Chen Luning
Bought by
Chen Luning and Luning Chen Family Trust
Current Estimated Value
$3,306,037

Purchase Details

Listed on
Mar 14, 2012
Closed on
May 18, 2012
Sold by
Chao Betty
Bought by
Chen Luning
Seller's Agent
Deborah Moore
Keller Williams Beverly Hills
Buyer's Agent
Lina Chen
List Price
$1,799,000
Sold Price
$1,663,000
Premium/Discount to List
-$136,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,247,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 9, 1999
Sold by
Chao Wei P
Bought by
Chao Betty

Purchase Details

Closed on
Apr 20, 1998
Sold by
Chao James J and Chao David J
Bought by
Chao Wei Ping and Chao Betty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,200
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1995
Sold by
Chao Wei Ping and Chao Betty M H
Bought by
Chao Wei Ping and Chao Betty M H
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
Chen Luning -- None Available
Chen Luning $1,663,000 Stewart Title Of California
Chao Betty -- --
Chao Wei Ping -- Stewart Title
Chao Wei Ping -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Luning $1,039,796
Open Chen Luning $2,200,000
Closed Chen Luning $1,122,000
Closed Chen Luning $500,000
Closed Chen Luning $1,247,250
Previous Owner Chao Betty $1,000,000
Previous Owner Chao Betty $543,000
Previous Owner Chao Wei Ping $573,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $1,663,000 -7.6% $498 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $1,799,000 -- $539 / 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 $25,260 $2,088,811 $1,636,262 $452,549
2024 $25,260 $2,047,855 $1,604,179 $443,676
2023 $24,777 $2,007,702 $1,572,725 $434,977
2022 $23,659 $1,968,337 $1,541,888 $426,449
2021 $23,367 $1,929,743 $1,511,655 $418,088
2019 $22,606 $1,872,508 $1,466,819 $405,689
2018 $22,389 $1,835,793 $1,438,058 $397,735
2016 $21,377 $1,764,509 $1,382,217 $382,292
2015 $21,064 $1,738,005 $1,361,455 $376,550
2014 $21,128 $1,703,960 $1,334,786 $369,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-587849

The MLS

APN: 4385-024-020