NOT LISTED FOR SALE

70 Beverly Park Beverly Hills, CA 90210

Beverly Crest Neighborhood

Estimated Value: $7,363,000 - $22,625,066

7 Beds
13 Baths
14,061 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $21,500,000 $1,529 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $106,460/month

About This Home

As of November 2021

Welcome to the most exclusive and coveted enclave of North Beverly Park. This private guard gated community features a majestic villa on approximately 3.6 acres. The grand two-story entry elegantly flows towards the living room with outdoor patio, a wood-paneled office, formal dining room, and family room with a bar. Discover intricate fireplaces across the main gathering areas as well as arched windows that encompass sunlight and frame the outdoor views. Upstairs features a luxurious master suite with dual bathrooms and walk-in closets, fireplace, and a large terrace overlooking the manicured grounds. Additionally, there are four en-suite bedrooms, office and impressive entertainment wing with bar and media room. Mature palm trees and lush landscaping surround the property with a swimmer's pool and dual spas, pool house with kitchen, outdoor dining pavilion and a firepit. Enjoy a game of tennis on the North/South sunken tennis court. Indulge in the ultimate indoor-outdoor lifestyle in this awe-inspiring Beverly Hills community.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Oct 26, 2021
Sold by
Knutson Robert B and Knutson Miryam
Bought by
Oak Investments Inc
Seller's Agent
Jeffrey Hyland
Hilton & Hyland
Buyer's Agent
Jeffrey Hyland
Hilton & Hyland
List Price
$38,000,000
Sold Price
$21,500,000
Premium/Discount to List
-$16,500,000
-43.42%
Current Estimated Value
$14,994,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,505,967
Avg. Annual Appreciation
-9.65%

Purchase Details

Closed on
Apr 16, 2018
Sold by
Burroughs James and Burroughs Janis
Bought by
Knutson Robert B and Knutson Miryam

Purchase Details

Closed on
Jun 14, 1999
Sold by
Leader Inc
Bought by
Burroughs James and Burroughs Janis

Purchase Details

Closed on
Oct 12, 1993
Sold by
North Beverly Park Development
Bought by
Leader Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Oak Investments Inc $21,500,000 First American Title Company
Knutson Robert B $25,000,000 First American Title Company
Burroughs James $120,000 Stewart Title
Leader Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knutson Robert B $14,000,000
Previous Owner Leader Inc $4,950,000
Previous Owner Leader Inc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2022 09/05/22 Rented $120,000 -25.0% --
06/20/2022 06/20/22 For Rent $160,000 -28.9% --
02/23/2022 02/23/22 Rented $225,000 +50.0% --
02/01/2022 02/01/22 For Rent $150,000 0.0% --
11/10/2021 11/10/21 Sold $21,500,000 -20.1% $1,529 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $26,900,000 -10.0% $1,913 / Sq Ft
06/09/2021 06/09/21 Price Changed $29,900,000 -12.1% $2,126 / Sq Ft
02/01/2021 02/01/21 Price Changed $34,000,000 -10.5% $2,418 / Sq Ft
12/08/2020 12/08/20 For Sale $38,000,000 -- $2,703 / Sq Ft

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
2024 $270,383 $22,368,600 $17,166,600 $5,202,000
2023 $265,064 $21,930,000 $16,830,000 $5,100,000
2022 $252,636 $21,500,000 $16,500,000 $5,000,000
2021 $310,695 $26,279,463 $18,395,624 $7,883,839
2019 $301,222 $25,500,000 $17,850,000 $7,650,000
2018 $195,036 $16,209,732 $9,455,678 $6,754,054
2016 $186,609 $15,580,290 $9,088,503 $6,491,787
2015 $183,842 $15,346,261 $8,951,986 $6,394,275
2014 $184,334 $15,045,649 $8,776,629 $6,269,020
Source: Public Records

Agents Affiliated with this Home

  • Ariyan Afshar

    Seller's Agent in 2022

    Ariyan Afshar

    Compass

    (310) 780-3180

    7 in this area

    244 Total Sales

    Ariyan Afshar
    Section Image
  • Evan Dolmatsky

    Seller's Agent in 2022

    Evan Dolmatsky

    Compass

    (310) 384-2496

    4 in this area

    46 Total Sales

    Evan Dolmatsky
    Section Image
  • Alla Furman

    Seller Co-Listing Agent in 2022

    Alla Furman

    Hilton & Hyland

    (310) 403-5800

    1 in this area

    10 Total Sales

    Alla Furman
    Section Image

  • B

    Buyer's Agent in 2022

    Barron Hilton

    Hilton Hilton

    (310) 273-5588

    1 in this area

    4 Total Sales

    Barron Hilton
    Section Image
  • Kevin Booker

    Buyer's Agent in 2022

    Kevin Booker

    Carolwood Estates

    (310) 721-7736

    1 in this area

    22 Total Sales

    Kevin Booker
    Section Image
  • Jeffrey Hyland

    Seller's Agent in 2021

    Jeffrey Hyland

    Hilton & Hyland

    (310) 999-8300

    11 in this area

    19 Total Sales

    Section Image
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Map

California Los Angeles County Beverly Hills 90210 Beverly Crest

70 Beverly Park, Beverly Hills, CA

This home is located at 70 Beverly Park, Beverly Hills, CA 90210 and is currently estimated at $14,994,033, approximately $1,066 per square foot. 70 Beverly Park is a home located in Los Angeles County with nearby schools including Warner Avenue Elementary, Dixie Canyon Avenue Elementary School, and St. Francis De Sales.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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