NOT LISTED FOR SALE

60 Beverly Park Beverly Hills, CA 90210

Beverly Crest Neighborhood

Estimated Value: $6,483,000

10 Beds
16 Baths
11,204 Sq Ft
$579/Sq Ft Est. Value

Last Sold December 18, 2014

Last sale price $39,900,000 $3,561 Per Sq Ft

Current estimated payment $40,047/month

272 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • Home Theater
  • Warner Avenue Elementary Rated A
  • Wine Cellar
  • Cabana

About This Home

As of December 2014

Magnificent Italianate estate located in the hills above Los Angeles in the exclusive guard-gated enclave of Beverly Park. The estate rests on a rare 5+acre double lot w/ expansive gardens, rolling lawns & park-like grounds. The grand foyer entry leads to a vaulted ceiling living room w/ oversized limestone fireplace & French doors that flow into an outdoor loggia perfect for entertaining. This 10 bedroom, 16 bathroom home features exquisite finishes thruout, w/ every amenity & detail meticulously conceived.The sumptuous master features his/hers baths/closets. The estate boasts 2 guest houses, majestic library, theatre, swimming pool, pool house, tennis court, wine cellar, gym, parking for 30+ cars, coiffure salon, staff quarters, conference rm, 3 offices & an observation deck.Rarely does a property of this stature & importance come to the market. A world-class trophy property rivaling the finest European estates!

Last Agent to Sell the Property

Linda May

Carolwood Estates License #00475038 Listed on: 03/20/2014

Carolwood Estates

Co-Listed By

Steve Frankel

Coldwell Banker Realty License #01195571

Last Buyer's Agent

Mauricio Umansky

The Agency License #01222825

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 5.06 Acre Lot
  • Property is zoned LARE40

Home Design

  • Tuscan Architecture
  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 9 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Utility Room
  • Canyon Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 16 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 30 Parking Spaces
  • Carport
  • Driveway
  • Auto Driveway Gate

Pool

  • Cabana
  • Heated In Ground Pool

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Outdoor Fireplace

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4386-013-013

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tuscan
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Complex Name: Beverly Park
  • Stories: 2
  • Year Built: 1998
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Family Room, Library, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood, Stone
  • Bedrooms: 10
  • Fireplaces: 9
  • Full Bathroom: 16
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 16.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes

Exterior Features

  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Heated
  • Pool: Yes
  • Roof: Tile
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 10
  • Parking Garage: Carport, Covered Parking, Driveway, Driveway Gate, Gated
  • Total Parking: 30

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fees: 4800.00

Lot Info

  • Assessor Parcel Number: 4386-013-013
  • Geocode Override: No
  • Lot Size Area: 220575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
Dec 12, 2014
Sold by
Smidt Eric L and The Smidt Trust
Bought by
Hacienda Estate Inc
Seller's Agent
Linda May
Carolwood Estates
Buyer's Agent
Mauricio Umansky
The Agency
List Price
$45,000,000
Sold Price
$39,900,000
Premium/Discount to List
-$5,100,000
-11.33%
Current Estimated Value
$6,483,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,417,000
Avg. Annual Appreciation
-15.09%

Purchase Details

Closed on
Dec 19, 2003
Sold by
Smidt Eric L and The Eric L Smidt Revocable Tru
Bought by
Smidt Eric L and The Smidt Trust

Purchase Details

Closed on
Feb 11, 2000
Sold by
Smidt Eric L and Eric L Smidt Revocable Trust
Bought by
Smidt Eric L and Eric L Smidt Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 12, 1995
Sold by
Gretzky Wayne and Gretzky Janet Marie Jones
Bought by
Smidt Eric L and Eric L Smidt Revocable Trust

Purchase Details

Closed on
Mar 14, 1994
Sold by
First Charter Bank Na
Bought by
Gretzky Wayne and Gretzky Janet Marie Jones

Purchase Details

Closed on
Dec 21, 1993
Sold by
Soukup & Associates Lawyers
Bought by
First Charter Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hacienda Estate Inc -- First American Title Company
Smidt Eric L -- --
Smidt Eric L -- Fidelity National Title Co
Smidt Eric L -- Progressive Title Company
Gretzky Wayne -- Gateway Title
First Charter Bank Na $1,723,161 Pacific Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smidt Eric L $3,000,000
Closed Smidt Eric L $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2014 12/18/14 Sold $39,900,000 -11.3% $3,561 / Sq Ft
03/20/2014 03/20/14 For Sale $45,000,000 -- $4,016 / 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 $332,744 $28,123,296 $20,311,272 $7,812,024
2024 $332,744 $27,571,860 $19,913,012 $7,658,848
2023 $326,185 $27,031,236 $19,522,561 $7,508,675
2022 $310,865 $26,501,213 $19,139,766 $7,361,447
2021 $307,235 $25,981,582 $18,764,477 $7,217,105
2019 $297,859 $25,210,956 $18,207,913 $7,003,043
2018 $296,668 $24,716,625 $17,850,896 $6,865,729
2016 $283,990 $23,756,850 $17,157,725 $6,599,125
2015 $279,771 $23,400,000 $16,900,000 $6,500,000
2014 $86,274 $7,004,788 $2,303,837 $4,700,951
Source: Public Records

Agents Affiliated with this Home

  • Linda May

    Seller's Agent in 2014

    Linda May

    Carolwood Estates

    (310) 777-6247

    6 in this area

    49 Total Sales

    Linda May
    Section Image
  • Steve Frankel

    Seller Co-Listing Agent in 2014

    Steve Frankel

    Coldwell Banker Realty

    (310) 508-5008

    26 in this area

    101 Total Sales

    Steve Frankel
    Section Image
  • Mauricio Umansky

    Buyer's Agent in 2014

    Mauricio Umansky

    The Agency

    (424) 230-3712

    2 in this area

    61 Total Sales

    Mauricio Umansky
    Section Image
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Map

Source: The MLS

MLS Number: 14-745815

The MLS

APN: 4386-013-013

California Los Angeles County Beverly Hills 90210 Beverly Crest

60 Beverly Park, Beverly Hills, CA

Not Listed for Sale

Detached

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