NOT LISTED FOR SALE

7321 Caverna Dr Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $2,411,000 - $3,000,000

5 Beds
3.5 Baths
3,700 Sq Ft
$742/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $1,698,500 $459 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $16,330/month

14 Days on Market

Highlights

  • Home Theater
  • City Lights View
  • Wood Flooring
  • Spa
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of May 2019

Enjoy mesmerizing city lights and majestic mountain vistas from practically every window of this peaceful, Spanish retreat, hidden away on a quiet cul-de-sac just off Mulholland above Runyon Canyon. 5 beds, 3.5 baths. Privacy & spaciousness in an inspired, nature-filled setting. Dramatic step down Living room with high beamed ceilings, huge view windows, open dining, Epicurean eat-in Kitchen with see thru Sub Zero fridge, Wolf Range and soapstone counters, Master Suite plus 4 additional bedrooms, media room, handsome office, gym/yoga room. Convenient deck accessibility to enjoy the full on views and dreamy sunsets. Celebrated landscape designer Cheryl Kellough of Sage Garden Design installed sustainable, native California plantings and meandering pathways to adorn the hillside and culminate at a vegetable garden and reflection bench. Direct access garage entry. Parking for 4 cars. Exceptional Hollywood Hills lifestyle.

Last Agent to Sell the Property

Jacqueline Tager

Sotheby's International Realty License #01476997 Listed on: 04/01/2019

Last Buyer's Agent

Ryan Bardet

Compass License #01758557

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 8,222 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 4 Car Direct Access Garage

Property Views

  • City Lights
  • Views of a landmark
  • Canyon
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,700 Sq Ft Home
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2428-015-011

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

8,222 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3700
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative, Living Room, Master Retreat
  • Flooring: Ceramic Tile, Hardwood
  • Bedrooms: 5
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 458.92

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: Yes
  • View: Canyon, City Lights, Landmark, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2428-015-011
  • Geocode Override: No
  • Lot Size Area: 8222

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2025
Sold by
Schmidt Fletcher and Schmidt Elaine
Bought by
Schmidt Living Trust and Schmidt
Current Estimated Value
$2,744,324

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 29, 2019
Sold by
The Timothy E Feige 2002 Revocable Trust
Bought by
Schmidt Fletcher and Schmidt Elaine
Seller's Agent
Jacqueline Tager
Sotheby's International Realty
Buyer's Agent
Ryan Bardet
Compass
List Price
$1,698,000
Sold Price
$1,698,500
Premium/Discount to List
$500
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$1,358,800
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2015
Closed on
Jan 21, 2015
Sold by
Laderer Howard Henry and The Fluffhead Trust
Bought by
Feige Timothy E and The Timothy E Feige 2002 Revoc
Seller's Agent
Mike Syre
Douglas Elliman
Buyer's Agent
Jacqueline Tager
Sotheby's International Realty
List Price
$1,449,000
Sold Price
$1,436,000
Premium/Discount to List
-$13,000
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,000,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2007
Sold by
Duke Annie
Bought by
Lederer Howard Henry and The Fluffhead Trust

Purchase Details

Closed on
Oct 27, 2006
Sold by
Fink Jeffrey
Bought by
Duke Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1996
Sold by
Greayer Wesley C and Greayer Susan S
Bought by
Fink Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8%

Purchase Details

Closed on
Jun 1, 1994
Sold by
Greayer Wesley C and Greayer Susan S
Bought by
Greayer Wesley C and Greayer Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,600
Interest Rate
5.87%

Purchase Details

Closed on
Apr 13, 1994
Sold by
Glass Mitchell and Glass Shelley
Bought by
Greayer Wesley C and Greayer Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,600
Interest Rate
5.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmidt Living Trust -- None Listed On Document
Schmidt Fletcher $1,698,500 Equity Title Company
Feige Timothy E $1,436,000 Lawyers Title Insurance Co
Lederer Howard Henry -- None Available
Duke Annie -- Equity Title
Fink Jeffrey $410,000 Fidelity Title
Greayer Wesley C -- Fidelity National Title Ins
Greayer Wesley C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Fletcher $1,358,800
Previous Owner Feige Timothy E $1,000,000
Previous Owner Duke Annie $1,100,000
Previous Owner Fink Jeffrey $328,000
Previous Owner Greayer Wesley C $255,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2019 05/07/19 Sold $1,698,500 0.0% $459 / Sq Ft
04/01/2019 04/01/19 For Sale $1,698,000 +18.2% $459 / Sq Ft
02/24/2015 02/24/15 Sold $1,436,000 -0.9% $388 / Sq Ft View Prior Sale
01/16/2015 01/16/15 For Sale $1,449,000 -- $392 / Sq Ft
Source: The MLS

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 $22,727 $1,894,703 $1,072,011 $822,692
2024 $22,727 $1,857,553 $1,050,992 $806,561
2023 $22,213 $1,821,132 $1,030,385 $790,747
2022 $21,204 $1,785,425 $1,010,182 $775,243
2021 $20,943 $1,750,418 $990,375 $760,043
2019 $1,810 $1,547,130 $1,112,836 $434,294
2018 $18,489 $1,516,795 $1,091,016 $425,779
2016 $17,650 $1,457,898 $1,048,651 $409,247
2015 $19,859 $1,650,000 $1,001,200 $648,800
2014 $20,311 $1,650,000 $1,001,200 $648,800
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Tager

    Seller's Agent in 2019

    Jacqueline Tager

    Sotheby's International Realty

    (323) 671-2374

    3 in this area

    47 Total Sales

    Jacqueline Tager
    Section Image
  • Ryan Bardet

    Buyer's Agent in 2019

    Ryan Bardet

    Compass

    (310) 869-3031

    2 in this area

    27 Total Sales

    Ryan Bardet
    Section Image

  • M

    Seller's Agent in 2015

    Mike Syre

    Douglas Elliman

    Section Image
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Map

Source: The MLS

MLS Number: 19-449958

The MLS

APN: 2428-015-011

California Los Angeles County Los Angeles 90046 Hollywood Hills

7321 Caverna Dr, Los Angeles, CA

Not Listed for Sale

Detached

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