NOT LISTED FOR SALE

407 S Spalding Dr Unit 2 Beverly Hills, CA 90212

Estimated Value: $1,585,000 - $2,504,000

3 Beds
2.5 Baths
2,011 Sq Ft
$944/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $1,399,000 $696 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,615/month

347 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Gated Parking
  • Beverly Hills High School Rated A
  • Sauna
  • Views of Trees

About This Home

As of August 2014

This incredibly luxurious gated corner unit, four-level town home, w/ tree-top views boasts 3 Br's & 2.5 Ba's. Direct access w/ 2 side by side parking spaces. This unit has undergone 2 years of remodeling. Features the finest quality materials, furnishings and equipment: 3/4 inch white oak hardwood flring, wood burning fireplace in LR, Lutron (radio ra) computerized lighting system, built-in speakers in every rm & hallway, professional AMX master home entertainment system in LR & MB, audio & digital temperature control units in every rm. Bedrooms feature Poliform closets from Italy. Master bathroom w/pebble stone floor, Fontenay Claire stone, tub w/jets & steam shower. Bulthaup kitchen features all Gaggenau appliances, built in sub-zero refrigerator & wine cooler. Laundry rm features Miele stainless steel washer & dryer. Patio features beautiful Victorian flooring and a designer wall fountain. Quaint small bldg. w/ pool. Just steps from Roxbury Park, Beverly Hills High & Century City.

Last Agent to Sell the Property

Christine Hong

Hilton & Hyland License #01325115 Listed on: 07/11/2013

Hilton & Hyland

Last Buyer's Agent

Nicole Contreras

Christie's International Real Estate SoCal License #01512844

Christie's International Real Estate SoCal

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,871

Year Built

  • Built in 1974

Lot Details

  • 0.36

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,011 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Utility Room
  • Sauna
  • Views of Trees

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Gated Parking

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4330-001-021

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 11 Units
  • Community Storage Space
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,871

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: Spalding Townhouse
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 2011
  • Planned Urban Dev: 0
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Stone, Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Eating Areas: Breakfast Nook, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Intercom, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 695.67

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Extra Storage, Gated Parking, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 595.00

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4330-001-021
  • Geocode Override: No

Multi Family

  • Number Of Units: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2015
Sold by
Bertini Juan Carlos
Bought by
Bertini Juan C and Bertini Johanna
Current Estimated Value
$1,898,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Outstanding Balance
$819,246
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,079,645

Purchase Details

Listed on
Jul 11, 2013
Closed on
Jul 3, 2014
Sold by
Bilah Jerome
Bought by
Bertini Juan Carlos
Seller's Agent
Christine Hong
Hilton & Hyland
Buyer's Agent
Nicole Contreras
Christie's International Real Estate SoCal
List Price
$1,950,000
Sold Price
$1,399,000
Premium/Discount to List
-$551,000
-28.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,072,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2003
Sold by
Glickman William
Bought by
Bilah Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2001
Sold by
Glickman Hilarie A
Bought by
Glickman William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.62%

Purchase Details

Closed on
Dec 22, 2000
Sold by
Torme Ali
Bought by
Glickman William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.54%
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
Bertini Juan C -- Chicago Title Company
Bertini Juan Carlos -- Lawyers Title Company
Bertini Juan Carlos -- Lawyers Title
Bilah Jerome $740,000 Equity Title Company
Glickman William -- Southland Title Corporation
Glickman William $500,000 Equity Title Company
Glickman William -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bertini Juan C $1,065,000
Closed Bertini Juan Carlos $1,072,000
Previous Owner Bilah Jerome $555,000
Previous Owner Glickman William $375,000
Previous Owner Glickman William $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2014 08/11/14 Sold $1,399,000 0.0% $696 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
04/25/2014 04/25/14 Price Changed $1,399,000 -3.5% $696 / Sq Ft
03/28/2014 03/28/14 Price Changed $1,450,000 -1.7% $721 / Sq Ft
03/12/2014 03/12/14 Price Changed $1,475,000 -1.6% $733 / Sq Ft
02/28/2014 02/28/14 Price Changed $1,499,000 -3.3% $745 / Sq Ft
12/03/2013 12/03/13 Price Changed $1,550,000 -6.1% $771 / Sq Ft
10/28/2013 10/28/13 Price Changed $1,650,000 -5.7% $820 / Sq Ft
09/25/2013 09/25/13 Price Changed $1,750,000 -12.5% $870 / Sq Ft
08/21/2013 08/21/13 Price Changed $2,000,000 +2.6% $995 / Sq Ft
07/11/2013 07/11/13 For Sale $1,950,000 -- $970 / 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 $19,871 $1,681,377 $1,008,346 $673,031
2024 $19,871 $1,648,410 $988,575 $659,835
2023 $19,514 $1,616,090 $969,192 $646,898
2022 $18,954 $1,584,403 $950,189 $634,214
2021 $18,396 $1,553,337 $931,558 $621,779
2019 $17,863 $1,507,267 $903,929 $603,338
2018 $17,179 $1,477,713 $886,205 $591,508
2016 $16,483 $1,420,334 $851,794 $568,540
2015 $15,778 $1,399,000 $839,000 $560,000
2014 -- $858,270 $579,914 $278,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-686987

The MLS

APN: 4330-001-021