NOT LISTED FOR SALE

Estimated Value: $7,413,000 - $13,541,309

6 Beds
5 Baths
4,736 Sq Ft
$2,048/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $8,100,000 $1,710 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $59,333/month

154 Days on Market

Highlights

  • Guest House
  • Home Theater
  • City Lights View
  • Art Studio
  • In Ground Pool
  • Maid or Guest Quarters

About This Home

As of October 2016

Outstanding value in Brentwood. The Schnabel House 1989. Frank Gehry's famed compound situated in Brentwood. Noted as one of the 20 greatest houses of the 20th century this California architectural piece of history has been lovingly remastered as a livable piece of art for generations to come. Upon entering, one is engulfed in architectural splendor as well as a thoughtful and intentional layout and design. Multiple gardens, pools and structures form a compound that functions as an irreplaceable piece of Architectural history. Gehry has said "This is the design I had fantasized about for my own house." It is not often that an opportunity like this becomes available.

Last Agent to Sell the Property

Tracy Tutor

Compass License #01326769 Listed on: 05/09/2016

Compass

Co-Listed By

Cory Weiss

Douglas Elliman License #01309146

Last Buyer's Agent

Tracy Tutor

Compass License #01326769 Listed on: 05/09/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,335

Year Built

  • Built in 1989

Lot Details

  • 0.51 Acre Lot
  • Property is zoned LARE20

Interior Spaces

  • Furnished
  • Built-In Features
  • Great Room
  • Family Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • 2 Fireplaces
  • Library with Fireplace
  • Art Studio
  • Home Gym
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Parking

  • Driveway
  • Automatic Gate

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4405-002-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,335

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Year Built: 1989
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Den, Library
  • Flooring: Mixed
  • Bedrooms: 6
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Microwave, Range/Oven
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa Yn: Yes
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Driveway, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4405-002-009
  • Geocode Override: No
  • Lot Size Area: 22186

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Oct 13, 2016
Sold by
Lafetra Michael W and The Michael W La Fetra Revocab
Bought by
Safran Thomas L and The Thomas L Safran Living Tru
Seller's Agent
Tracy Tutor
Compass
Buyer's Agent
Tracy Tutor
Compass
List Price
$9,750,000
Sold Price
$8,100,000
Premium/Discount to List
-$1,650,000
-16.92%
Current Estimated Value
$9,142,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,042,137
Avg. Annual Appreciation
1.30%

Purchase Details

Closed on
Dec 22, 2012
Sold by
Gilman Peter and The 526 N Carmelina House Trus
Bought by
Lafetra Micahel W and The Michael W La Fetra Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,175,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2006
Sold by
Schnabel Rockwell A and Schnabel Marna B
Bought by
Siegel Barry and The 526 N Carmelina House Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,750,000
Interest Rate
5.95%
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
Safran Thomas L $8,100,000 Chicago Title
Lafetra Micahel W -- Fatcola
Siegel Barry -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafetra Michael W $4,500,000
Previous Owner Lafetra Micahel W $6,175,000
Previous Owner Gilman Peter J $7,000,000
Previous Owner Siegel Barry $6,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $8,100,000 -9.9% $1,710 / Sq Ft
08/19/2016 08/19/16 Price Changed $8,995,000 -5.3% $1,899 / Sq Ft
06/08/2016 06/08/16 Price Changed $9,499,000 -2.6% $2,006 / Sq Ft
05/09/2016 05/09/16 For Sale $9,750,000 -- $2,059 / 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 $111,335 $9,400,740 $8,704,392 $696,348
2024 $111,335 $9,216,413 $8,533,718 $682,695
2023 $109,145 $9,035,700 $8,366,391 $669,309
2022 $104,014 $8,858,531 $8,202,345 $656,186
2021 $102,792 $8,684,835 $8,041,515 $643,320
2019 $99,681 $8,427,240 $7,803,000 $624,240
2018 $99,454 $8,262,000 $7,650,000 $612,000
2016 $118,347 $9,882,240 $5,721,297 $4,160,943
2015 $116,592 $9,733,800 $5,635,358 $4,098,442
2014 $116,884 $9,543,130 $5,524,970 $4,018,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-123272

The MLS

APN: 4405-002-009