NOT LISTED FOR SALE

Estimated Value: $6,196,904 - $9,276,000

5 Beds
6 Baths
5,707 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $4,850,000 $850 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $38,844/month

56 Days on Market

Highlights

  • Home Theater
  • Panoramic View
  • Contemporary Architecture
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Marble Flooring

About This Home

As of March 2016

This spectacular Contemporary-Mediterranean is nestled above the Hollywood Hills and overlooks breathtaking, panoramic views which span from the San Fernando Valley to the Griffith Observatory. This ample home offers 5 en-suite bedrooms including a gorgeous master suite which features a large balcony facing the sweeping views, fireplace, dual walk-in closets plus bath with spa tub and steam shower. Additional features include state of the art 7.1 surround sound home theater with projector and screen, gym with private entry, high ceilings, recessed lighting and crown moldings throughout. The home is also wired for sound. Perfectly suited for entertaining, the outdoors include an infinity pool and spa surrounded by travertine as well as a flat grassy yard and a deck with BBQ all overlooking a blanket of city lights beyond. Ideally located providing easy access to the West side or Valley.

Last Agent to Sell the Property

James Harris

Carolwood Estates License #01909801 Listed on: 12/14/2015

Carolwood Estates

Co-Listed By

Alana Mesica

The Agency License #01944787

Last Buyer's Agent

Zach Okyle

Compass License #01922665

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,360

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Property is zoned LARE40

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,707 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room on Second Floor
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Bonus Room with Fireplace
  • Home Gym
  • Security System Owned

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Uncovered Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5570-016-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,360

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 5707
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bonus Room, Living Room, Master Bedroom
  • Flooring: Carpet, Marble, Travertine
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage, Inside
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 937.27

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Garage - 3 Car, Uncovered

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5570-016-003
  • Geocode Override: No
  • Lot Size Area: 13042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 4, 2016
Sold by
Russell Gregory P and Russell Laurien A
Bought by
Torreyson Properties Llc
Seller's Agent
James Harris
Carolwood Estates
Buyer's Agent
Zach Okyle
Compass
List Price
$5,349,000
Sold Price
$4,850,000
Premium/Discount to List
-$499,000
-9.33%
Current Estimated Value
$6,246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,396,000
Avg. Annual Appreciation
4.07%
Original Mortgage
$3,637,500
Outstanding Balance
$2,841,727
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$4,221,999

Purchase Details

Closed on
Mar 20, 2015
Sold by
Russell Gregory P and Russell Laurien A
Bought by
The Gregory & Laurien Russell Family Tru

Purchase Details

Closed on
Jan 20, 2003
Sold by
Russell Greg P
Bought by
Russell Gregory P and Russell Laurien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.83%
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
Torreyson Properties Llc $4,850,000 Chicago Title
The Gregory & Laurien Russell Family Tru -- None Available
Russell Gregory P -- Act
Russell Gregory P -- Act
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torreyson Properties Llc $3,637,500
Previous Owner Russell Gregory P $1,200,000
Previous Owner Russell Gregory P $1,057,800
Previous Owner Russell Gregory P $400,000
Previous Owner Russell Gregory P $1,100,000
Previous Owner Russell Gregory P $350,000
Previous Owner Russell Gregory P $977,450
Previous Owner Russell Gregory P $800,000
Previous Owner Russell Greg P $414,000
Previous Owner Russell Greg P $425,000
Previous Owner Russell Greg P $99,000
Previous Owner Russell Greg P $501,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $4,850,000 -9.3% $850 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $5,349,000 -- $937 / 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 $68,360 $5,741,411 $3,248,219 $2,493,192
2024 $68,360 $5,628,835 $3,184,529 $2,444,306
2023 $67,023 $5,518,467 $3,122,088 $2,396,379
2022 $63,911 $5,410,263 $3,060,871 $2,349,392
2021 $63,142 $5,304,180 $3,000,854 $2,303,326
2020 $63,737 $5,249,793 $2,970,084 $2,279,709
2019 $61,171 $5,146,857 $2,911,848 $2,235,009
2018 $60,919 $5,045,939 $2,854,753 $2,191,186
2016 $18,836 $1,542,941 $637,920 $905,021
2015 $18,562 $1,519,765 $628,338 $891,427
2014 $18,621 $1,489,996 $616,030 $873,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-965343

The MLS

APN: 5570-016-003