$21,500,000
SOLD NOV 10, 2021
7 Beds
13 Baths
14,061 Sq Ft
3.64 Acres

Recently Sold

$1,529 Per Sq Ft

43% Below List Price

294 Days on Market

Highlights

  • Tennis Courts
  • Gated with Attendant
  • Pool House
  • Warner Avenue Elementary Rated A
  • Home Theater
  • Sauna

About This Home

As of November 2021

Inside the exclusive enclave of North Beverly Park rests this Mediterranean estate on approximately 3.6 acres. The main level features a grand two-story foyer that flows seamlessly to the living room with outdoor patio, a wood-paneled office and family room with bar, formal dining room, and downstairs guest room. The fully equipped kitchen with adjacent breakfast room has staff facilities. Upstairs includes the sumptuous master bedroom with dual bathrooms and walk-in closets, fireplace and a massive terrace overlooking the property. Additionally, there are four en-suite bedrooms, office and entertainment wing with built-in bar and media room. The grounds feature a pool with dual spas, pool house with kitchen, outdoor dining pavilion, firepit, floral and vegetable gardens, North/South sunken synthetic turf tennis court, 6 car collectors garage, and large motor court with staff parking. Incredible offering in Beverly Hills most coveted and guarded community.

Last Agent to Sell the Property

Jeffrey Hyland

Hilton & Hyland License #00389584 Listed on: 12/08/2020

Hilton & Hyland

Co-Listed By

Rick Hilton

Hilton Hilton License #00904327

Last Buyer's Agent

Jeffrey Hyland

Hilton & Hyland License #00389584

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $270,383

Year Built

  • Built in 1995

Lot Details

  • 3.64 Acre Lot
  • Gated Home
  • Property is zoned LARE40

HOA Fees

  • $3,000 Monthly HOA Fees

Parking

  • 6 Car Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 14,061 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Breakfast Room
  • Home Theater
  • Den with Fireplace
  • Sauna
  • Canyon Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Pool

  • Pool House
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 4386-013-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$270,383

Year Built

Built in 1995

Lot Details

0

HOA Fees

$3,000 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 14061
  • Lot Acreage: 3.6365
  • Stories: 2
  • Year Built: 1995
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Master Bedroom, Living Room, Dining, Den, Family Room, Fire Pit
  • Flooring: Marble, Tile, Wood, Carpet
  • Bedrooms: 7
  • Fireplaces: 5
  • Full Bathroom: 9
  • Half Bathroom: 4
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 13.00
  • Den: 0
  • Equipment: Range/Oven, Microwave, Dishwasher, Garbage Disposal, Alarm System, Intercom, Satellite, Built-Ins, Barbeque, Dryer, Freezer, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1913.09

Exterior Features

  • Other Structures: Pool House
  • Tennis Court: North/South
  • Tennis Court Y/N: Yes
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 6
  • Parking Garage: Private, Garage - 4+ Car, Garage Is Attached
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Gated Community with Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 3000.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4386-013-019
  • Lot Size Area: 158408

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
$15,969,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,530,823
Avg. Annual Appreciation
-8.96%

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:

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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 Type Sale Price Title Company
Grant Deed $21,500,000 First American Title Company
Grant Deed $25,000,000 First American Title Company
Grant Deed $120,000 Stewart Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $14,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $4,950,000 Unknown
Previous Owner $1,500,000 Seller Take Back
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
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 $270,383 $22,815,972 $17,509,932 $5,306,040
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

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Map

Source: The MLS

MLS Number: 20-663590

The MLS

APN: 4386-013-019