NOT LISTED FOR SALE

506 N Crescent Dr Beverly Hills, CA 90210

Estimated Value: $7,936,000 - $8,749,000

4 Beds
4 Baths
4,121 Sq Ft
$2,033/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $7,375,000 $1,790 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $52,130/month

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Corner Lot
  • Hawthorne Elementary School Rated A
  • Property is near a park
  • 3-minute walk to Beverly Gardens Park

About This Home

As of July 2021

Located in the desirable Flats of Beverly Hills, this 4,121 square foot single story home sits on a generous 13,652 square foot lot. This house features an exceptionally large living room, a formal dining room, a bright and airy family room and a custom gourmet kitchen, great for entertaining. Large sliding doors lead you out to a private backyard perfect for California living at its finest. With a swimmers pool and a shaded deck, you will be tempted to spend all of your time outdoors. Close by you can find the public library, city hall and all the great dining and shopping Beverly Hills has to offer. Come and see this beautiful home.

Last Agent to Sell the Property

Jasmin Shupper

COMPASS License #02045248 Listed on: 05/17/2021

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,610

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • East Facing Home
  • Fenced
  • Corner Lot
  • Rectangular Lot
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Back and Front Yard
  • Property is zoned BHR1

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Patio Home

Interior Spaces

  • 4,121 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Gas Cooktop
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Exterior Lighting

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 55
  • Tax Tract Number 2410
  • Assessor Parcel Number 4344005001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,610

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: BHR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4344005001
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4121.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1819.95
  • Room Type: All Bedrooms Down, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Fence: Yes
  • Pool Features: Heated, In Ground, Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lot 10000-19999 Sqft, Park Nearby, Patio Home, Rectangular Lot, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 13652.00
  • Lot Size Acres: 0.3134

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13652.0000 Square Feet

Tax Info

  • Tax Block: 55
  • Tax Lot: 4
  • Tax Tract Number: 2410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 6, 2021
Sold by
Cem Properties Llc
Bought by
Nourmand Joseph Salar and Nourmand Monika Illoulian
Seller's Agent
Jasmin Shupper
COMPASS
List Price
$7,500,000
Sold Price
$7,375,000
Premium/Discount to List
-$125,000
-1.67%
Current Estimated Value
$8,376,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,001,684
Avg. Annual Appreciation
3.03%
Original Mortgage
$3,375,000
Outstanding Balance
$3,062,289
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$5,314,395

Purchase Details

Listed on
Sep 19, 2020
Closed on
Dec 11, 2020
Sold by
Beverly Capital Llc
Bought by
Cem Properties Llc
Seller's Agent
Joseph Muljana
Prestige Realty Group, Inc.
Buyer's Agent
David Reid
DAVID REID REAL ESTATE
List Price
$6,950,000
Sold Price
$7,234,000
Premium/Discount to List
$284,000
4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%

Purchase Details

Listed on
Sep 15, 2014
Closed on
Nov 4, 2014
Sold by
Ghadoushi Keyvan and Elison Ghadoushi Eti
Bought by
Beverly Capital Llc
Seller's Agent
Craig Shapiro
Redfin
Buyer's Agent
Suzanne Clayton
List Price
$5,450,000
Sold Price
$5,041,000
Premium/Discount to List
-$409,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
May 23, 2008
Sold by
Rosenfeld Michael R and Eisenberg Stanley
Bought by
Ghadoushi Keyvan and Elison Ghadoushi Eti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Nourmand Joseph Salar $7,375,000 Commonwealth Land Title
Cem Properties Llc $7,234,000 Equity Title
Beverly Capital Llc -- Equity Title Company
Ghadoushi Keyvan -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nourmand Joseph Salar $3,375,000
Previous Owner Ghadoushi Keyvan $2,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2021 07/12/21 Sold $7,375,000 -1.7% $1,790 / Sq Ft
06/20/2021 06/20/21 For Sale $7,500,000 +1.7% $1,820 / Sq Ft
06/15/2021 06/15/21 Off Market $7,375,000 -- --
05/17/2021 05/17/21 For Sale $7,500,000 +1.7% $1,820 / Sq Ft
05/16/2021 05/16/21 Off Market $7,375,000 -- --
12/18/2020 12/18/20 Sold $7,234,000 0.0% $1,755 / Sq Ft View Prior Sale
10/25/2020 10/25/20 Off Market $7,234,000 -- --
10/25/2020 10/25/20 For Sale $6,950,000 -3.9% $1,686 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/23/2020 09/23/20 Off Market $7,234,000 -- --
09/19/2020 09/19/20 For Sale $6,950,000 0.0% $1,686 / Sq Ft
09/25/2018 09/25/18 Rented $20,000 0.0% --
08/20/2018 08/20/18 For Rent $20,000 0.0% --
11/14/2014 11/14/14 Sold $5,041,000 -7.5% $1,223 / Sq Ft View Prior Sale
09/15/2014 09/15/14 For Sale $5,450,000 -- $1,322 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $92,610 $7,826,408 $6,261,127 $1,565,281
2024 $92,610 $7,672,950 $6,138,360 $1,534,590
2023 $90,934 $7,522,500 $6,018,000 $1,504,500
2022 $88,327 $7,375,000 $5,900,000 $1,475,000
2021 $66,528 $5,597,140 $4,477,714 $1,119,426
2020 $66,308 $5,539,749 $4,431,801 $1,107,948
2019 $64,613 $5,431,127 $4,344,903 $1,086,224
2018 $61,991 $5,324,635 $4,259,709 $1,064,926
2016 $59,529 $5,117,875 $4,094,300 $1,023,575
2015 $56,979 $5,041,000 $4,032,800 $1,008,200
2014 $44,814 $4,018,146 $3,214,519 $803,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4753

Pasadena-Foothills Association of REALTORS®

APN: 4344-005-001