$3,810,000
SOLD DEC 31, 2020
5 Beds
5.5 Baths
3,924 Sq Ft
8,913 Sq Ft Lot

Recently Sold

$971 Per Sq Ft

5% Below List Price

39 Days on Market

Highlights

  • Wine Room
  • Home Theater
  • Solar Power System
  • Franklin Avenue Elementary Rated A-
  • Heated Infinity Pool
  • City Lights View

About This Home

As of December 2020

The Hiram Kwan Residence - 3 Story Stunning Architectural Modern complete with glistening Infinity pool and lush succulent oasis landscaped mastery by celebrity designer, Jerry Hritz. Where Elegance meets Privacy - This 5 Bed, 5 Bath Masterpiece designed by James Stevens, a protg of John Lautner, with a re-envisioned renovation and exciting expansion by David Levitt, AIA. Unparalleled scale with sublime light garnered through walls of glass and soaring ceilings take full advantage of the panoramic city views and blend seamless indoor & outdoor beauty. Designed with entertainment in mind, with a fully open connoisseurs kitchen, open-concept space w/ 2 living rooms, open and covered patios + decks, and gorgeous grounds overlooking the city. Master Suite with 2 lg. walk-in closets. Glass-enclosed floating staircase; Stunning High-performance-green Smart Home; Mobile app controls all updated system. Tesla owned solar panels + powerball batteries; Plus newer updates. Ask Broker for details

Last Agent to Sell the Property

Alicia Drake

The Agency License #01707707 Listed on: 11/05/2020

The Agency

Last Buyer's Agent

Chris Feil

Berkshire Hathaway HomeServices California Properties License #01739001

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,176

Year Built

  • Built in 1977

Lot Details

  • 8,913 Sq Ft Lot
  • Lot Dimensions are 56x161
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage

Property Views

  • City Lights
  • Mountain
  • Hills
  • Park or Greenbelt
  • Pool

Interior Spaces

  • 3,924 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Wine Room
  • Great Room
  • Family Room on Second Floor
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Home Office
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Infinity Pool
  • Filtered Pool
  • Heated Spa
  • Gas Heated Pool
  • Gunite Pool
  • Saltwater Pool
  • Gunite Spa
  • Permits For Spa
  • Permits for Pool

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Water Purifier
  • Phone System
  • Satellite Dish

Additional Features

  • Solar Power System
  • Covered patio or porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5592-008-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,176

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 3924
  • Lot Acreage: 0.2046
  • Lot Dimensions: 56x161
  • Stories: 3
  • Year Built: 1977
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Ceramic Tile, Hardwood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Satellite, Solar Panels, Vented Exhaust Fan, Washer, Water Filter, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 1018.09

Exterior Features

  • Other Structures: None
  • Pool Description: Filtered, Gunite, Heated And Filtered, Heated with Gas, In Ground, Negative Edge/Infinity Pool, Permits, Salt/Saline, Private
  • Pool: Yes
  • Spa: Fenced, Gunite, Heated, Heated with Gas, Permits, Private
  • Spa Yn: Yes
  • View: City, City Lights, Green Belt, Hills, Mountains, Pool, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Covered Parking, Direct Entrance, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5592-008-022
  • Lot Size Area: 8913

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 3, 2020
Sold by
Kleeman Merrick R
Bought by
Regnier Heather and Dines Matthew
Seller's Agent
Alicia Drake
The Agency
Buyer's Agent
Chris Feil
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$3,810,000
Premium/Discount to List
-$185,000
-4.63%
Current Estimated Value
$4,369,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,492
Avg. Annual Appreciation
3.72%
Original Mortgage
$3,048,000
Outstanding Balance
$2,716,590
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,787,920

Purchase Details

Listed on
May 21, 2020
Closed on
May 27, 2020
Sold by
Rose Charles H and Rose Yohannes A
Bought by
Kleeman Eben Merrick R
Seller's Agent
Patricia Ruben
Sotheby's International Realty
Buyer's Agent
Alicia Drake
The Agency
List Price
$3,985,000
Sold Price
$4,265,000
Premium/Discount to List
$280,000
7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.68%

Purchase Details

Closed on
Jan 4, 2019
Sold by
Rose Charles Haines and Rose Yohannes Angelo
Bought by
Rose Charles Haines and Rose Yohanne Angelo

Purchase Details

Listed on
Jul 14, 2014
Closed on
Sep 10, 2014
Sold by
Kettelhack Alessandra
Bought by
Rose Charles Haines and Rover Yohannes Angelo
Seller's Agent
Chris Serrano
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Matthew Jones
Redfin
List Price
$1,995,000
Sold Price
$1,880,000
Premium/Discount to List
-$115,000
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$1,504,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2008
Sold by
Hansen Claus T and Hermsen William
Bought by
Kettelhack Alessandra

Purchase Details

Closed on
May 26, 2005
Sold by
Carver Gilbert H
Bought by
Hansen Claus T and Hermsen William

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
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 8, 2002
Sold by
Jann Michael Patrick
Bought by
Carver Gilbert H

Purchase Details

Closed on
Aug 25, 2000
Sold by
Davidson John R and Davidson Scotti
Bought by
Jann Michael Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
8.07%

Purchase Details

Closed on
Nov 24, 1999
Sold by
Martin Fred C and Gurzenski David L
Bought by
Davidson John R and Sitz Scott Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 1996
Sold by
Gurzenski David Leon and Martin Fred C
Bought by
Gurzenski David Leon
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
Grant Deed $3,810,000 Equity Title Company
Grant Deed $4,265,000 Equity Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,880,000 California Title Company
Grant Deed $1,858,000 Southland Title
Grant Deed $1,650,000 --
Grant Deed $845,000 California Title Company
Grant Deed $790,000 Southland Title
Grant Deed $630,000 Southland Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,048,000 New Conventional
Previous Owner $2,620,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,625,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,504,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,450,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,242,500 Unknown
Previous Owner $350,000 Credit Line Revolving
Previous Owner $1,100,000 Fannie Mae Freddie Mac
Previous Owner $150,000 Credit Line Revolving
Previous Owner $767,756 Unknown
Previous Owner $767,756 Unknown
Previous Owner $632,000 No Value Available
Previous Owner $40,000 Credit Line Revolving
Previous Owner $430,000 No Value Available
Closed $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $3,810,000 -4.6% $971 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $3,995,000 -6.3% $1,018 / Sq Ft
06/04/2020 06/04/20 Sold $4,265,000 +7.0% $1,087 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $3,985,000 +112.0% $1,016 / Sq Ft
09/18/2014 09/18/14 Sold $1,880,000 -5.8% $689 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $1,995,000 -- $731 / 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 $49,176 $4,124,063 $1,839,050 $2,285,013
2024 $49,176 $4,043,200 $1,802,991 $2,240,209
2023 $48,213 $3,963,923 $1,767,639 $2,196,284
2022 $45,956 $3,886,200 $1,732,980 $2,153,220
2021 $45,407 $3,810,000 $1,699,000 $2,111,000
2020 $28,782 $2,346,076 $1,315,649 $1,030,427
2019 $27,636 $2,300,075 $1,289,852 $1,010,223
2018 $27,550 $2,254,976 $1,264,561 $990,415
2016 $23,215 $1,908,669 $1,215,457 $693,212
2015 $22,877 $1,880,000 $1,197,200 $682,800
2014 $24,308 $1,951,820 $1,149,662 $802,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-656284

The MLS

APN: 5592-008-022