NOT LISTED FOR SALE

Estimated Value: $4,030,000 - $5,868,482

4 Beds
3.5 Baths
4,472 Sq Ft
$1,147/Sq Ft Est. Value

Last Sold January 13, 2012

Last sale price $3,400,000 $760 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $31,574/month

4 Days on Market

Highlights

  • Detached Guest House
  • Wine Cellar
  • Gated Parking
  • John Marshall Senior High Rated A
  • In Ground Pool
  • City Lights View

About This Home

As of January 2012

LEGENDARY ESTATE. c. 1936 Milton J. Black , architect. Private Promontory, Private 2 bedroom Guest Home, Private Resort Pool, Private Multiple Gardens, Private Parking. 25,740 sf DOUBLE LOT. Unobstructed Downtown Skyline Views from most rooms. Amazing Grace; gated prime celebrity Los Feliz address with a suite of graciously proportioned rooms choreographed with style and ease. Main Residence 4bd/3.5ba. In total, 6 Bedrms. 4.5 Baths. Grand Master Bedrm wing with private living room, fireplace, one-of-a-kind views and huge walk-in closet. Beautifully landscaped path to private pool area with 2 original changing rooms and fireplace/grill and classic vintage outdr kitchen. PRIVATE PARKING FOR A MULTITUDE OF CARS. Separate Wine Room. Romantic History. With a few more touches to be considered, this home will become your legacy. First time on the market in 50 years.

Last Agent to Sell the Property

Patricia Ruben

Sotheby's International Realty License #01262286 Listed on: 12/01/2011

Sotheby's International Realty

Co-Listed By

Jacqueline Tager

Sotheby's International Realty License #01476997

Last Buyer's Agent

Shayn Scott

Keller Williams Beverly Hills License #01460120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,077

Year Built

  • Built in 1936

Lot Details

  • 0.59 Acre Lot
  • Gated Home
  • Property is zoned LARE11

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,472 Sq Ft Home
  • 2-Story Property
  • Wine Cellar
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Library with Fireplace
  • City Lights Views
  • Security System Leased

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Gated Parking

Outdoor Features

  • In Ground Pool
  • Patio

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5588-012-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,077

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4472
  • Stories: 2
  • Year Built: 1936
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Library, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 4
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 3.50
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 759.17

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Private
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Leased
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5588-012-028
  • Lot Size Area: 25740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2013
Sold by
Barbato Randy Joseph
Bought by
Barbato Randy Joseph and Randy Barbato 2009 Trust
Current Estimated Value
$5,127,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,456,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2011
Closed on
Jan 13, 2012
Sold by
Barbato Randy
Bought by
Barbato Randy Joseph and Randy Barbato 2009 Trust
Seller's Agent
Patricia Ruben
Sotheby's International Realty
Buyer's Agent
Shayn Scott
Keller Williams Beverly Hills
List Price
$3,395,000
Sold Price
$3,400,000
Premium/Discount to List
$5,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$1,710,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2011
Closed on
Dec 8, 2011
Sold by
Kadison Brian M and The Kadison Family Trust 1982
Bought by
Barbato Randy
Seller's Agent
Patricia Ruben
Sotheby's International Realty
Buyer's Agent
Shayn Scott
Keller Williams Beverly Hills
List Price
$3,395,000
Sold Price
$3,400,000
Premium/Discount to List
$5,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,710,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2001
Sold by
Kadison Stuart L and Kadison Carita S
Bought by
Kadison Family Trust 1982
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
Barbato Randy Joseph -- Accommodation
Barbato Randy Joseph -- Fidelity National Title Co
Barbato Randy Joseph -- Equity Title Company
Barbato Randy $3,400,034 Equity Title Company
Kadison Family Trust 1982 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbato Randy Joseph $938,000
Closed Barbato Randy Joseph $1,456,000
Closed Barbato Randy $1,710,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $3,400,000 +0.1% $760 / Sq Ft
12/01/2011 12/01/11 For Sale $3,395,000 -- $759 / 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 $51,077 $4,270,584 $3,259,338 $1,011,246
2024 $51,077 $4,186,848 $3,195,430 $991,418
2023 $50,080 $4,104,754 $3,132,775 $971,979
2022 $47,744 $4,024,270 $3,071,349 $952,921
2021 $47,222 $3,945,364 $3,011,127 $934,237
2019 $45,756 $3,828,344 $2,921,816 $906,528
2018 $45,557 $3,753,279 $2,864,526 $888,753
2016 $43,592 $3,607,537 $2,753,294 $854,243
2015 $42,951 $3,553,349 $2,711,937 $841,412
2014 $43,069 $3,483,744 $2,658,814 $824,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-568835

The MLS

APN: 5588-012-028