NOT LISTED FOR SALE

Estimated Value: $4,108,000 - $5,203,000

4 Beds
4.5 Baths
5,070 Sq Ft
$909/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $3,995,000 $788 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $29,261/month

9 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Primary Bedroom Suite
  • Wine Cellar
  • Gourmet Kitchen
  • Room in yard for a pool

About This Home

As of July 2021

Mere seconds above Sunset Strip in a celebrity-studded enclave, this quiet cul-de-sac location offers you panoramic views of the city's lights, Pacific Ocean, and Frank Lloyd Wright's Storer House. This dramatic Contemporary is turnkey. Meticulously updated/designed w/refined taste/style, the sun-drenched, open/casual floorplan w/ its soaring ceilings, multiple decks/wide-planked wood flrs has a relaxed, airy feel by day/a sexy feel as the sun sets. Entry opens to a great rm, warmed by 2 fireplaces, one in the living area, the other in the gourmet kitchen/dining area. Your inner-discerning chef will love the La Cornue range/Sub-Zero/Miele appliances set in custom Italian cabinetry w/ a plethora of built-ins. A powder BA, a 4th en ste BR, direct access to 2-car garage completes the main level. All BRs are separated for max privacy. Gracing the 2nd level are 2 en suite BRs, one your owners retreat w/ sumptuous BA/fireplace/fab closets. Sundeck shared w/ the Jr ste. Recharge in the gym/massage/yoga studio. Wine cellar and laundry rm complete this level. On the lower level, a super-sized family rm/theater w/ fireplace/wet bar. Another en suite BR completes this level. Idyllic, Zen-like backyd. Firepit. Beautifully landscaped w/ profusion of colorful plantings/fruit trees/ bamboo, soothed by the trickle of the running stream. Plenty of rm to add a lap pool.

Last Agent to Sell the Property

Yvette Busot

Berkshire Hathaway HomeServices California Properties License #01816766 Listed on: 06/11/2021

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Laurence Young

Berkshire Hathaway HomeServices California Properties License #00999537

Last Buyer's Agent

Richard Stearns

Compass License #01118915

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,350

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 5,009 Sq Ft Lot
  • South Facing Home
  • Property is zoned LARE9

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,070 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights
  • Intercom

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Water Purifier
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5556-028-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,350

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 5070
  • Lot Acreage: 0.1150
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1989
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 220V Throughout
  • Fireplace Rooms: Kitchen, Living Room, Fire Pit, Master Bedroom, Family Room
  • Flooring: Wood
  • Appliances: Range Hood, Oven-Gas
  • Bedrooms: 4
  • Fireplaces: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, WalkInCloset, Master Suite, Master Retreat
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area, Breakfast Area, Kitchen Island
  • Kitchen Features: Marble Counters, Gourmet Kitchen, Remodeled
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Intercom, Satellite, Refrigerator, Range/Oven, Washer, Dryer, Water Filter, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 787.97

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: None
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Panoramic, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Direct Entrance, Built-In Storage, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Fireplace
  • Security: Exterior Security Lights, Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5556-028-017
  • Lot Size Area: 5009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jun 24, 2021
Sold by
Valrose Maui Inc
Bought by
Yi Edward Won
Seller's Agent
Yvette Busot
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Richard Stearns
Compass
List Price
$3,995,000
Sold Price
$3,995,000
Current Estimated Value
$4,609,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,188
Avg. Annual Appreciation
3.50%

Purchase Details

Listed on
Mar 26, 2013
Closed on
Apr 10, 2013
Sold by
Hammoudeh Jeffrey A and Najjar Amel S
Bought by
Valrouse Maui Inc
Seller's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
Buyer's Agent
J. Todd Michaud
Keller Williams Hollywood Hills
List Price
$2,950,000
Sold Price
$2,960,000
Premium/Discount to List
$10,000
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%

Purchase Details

Listed on
Jul 20, 2011
Closed on
May 2, 2012
Sold by
Cates Challen and The Challen Cates Living Trust
Bought by
Hammoudeh Jeffrey A and Najjar Amel S
Seller's Agent
Edward Tinney
Nourmand & Associates-BH
Buyer's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.41%
Original Mortgage
$1,720,000
Interest Rate
2.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2005
Sold by
Cates Challen M
Bought by
Cates Challen and Challen Cates Living Trust

Purchase Details

Closed on
Aug 27, 2004
Sold by
Fernter John and Cates Challen M
Bought by
Cates Challen M

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
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Jacobsen Robert G
Bought by
Ferriter John and Cates Challen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.92%
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
Yi Edward Won $3,995,000 California Title Company
Valrouse Maui Inc $2,960,029 Equity Title
Hammoudeh Jeffrey A $2,150,000 Equity Title Los Angeles
Cates Challen -- --
Cates Challen M -- Fidelity National Title Comp
Ferriter John $972,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Edward Won $2,000,000
Previous Owner Hammoudeh Jeffrey A $1,720,000
Previous Owner Cates Challen $500,000
Previous Owner Cates Challen M $1,100,000
Previous Owner Cates Challen M $125,000
Previous Owner Ferriter John $633,000
Previous Owner Ferriter John $640,000
Previous Owner Ferriter John $225,000
Previous Owner Ferriter John $650,000
Closed Ferriter John $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $3,995,000 0.0% $788 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $3,995,000 +35.0% $788 / Sq Ft
04/18/2013 04/18/13 Sold $2,960,000 +0.3% $584 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $2,950,000 +37.2% $582 / Sq Ft
06/05/2012 06/05/12 Sold $2,150,000 -4.4% $482 / Sq Ft
05/02/2012 05/02/12 For Sale $2,250,000 0.0% $505 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
11/28/2011 11/28/11 Price Changed $2,250,000 -6.1% $505 / Sq Ft
09/07/2011 09/07/11 Price Changed $2,395,000 -7.0% $537 / Sq Ft
07/20/2011 07/20/11 For Sale $2,575,000 -- $578 / 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 $50,350 $4,239,524 $2,636,888 $1,602,636
2024 $50,350 $4,156,397 $2,585,185 $1,571,212
2023 $49,364 $4,074,900 $2,534,496 $1,540,404
2022 $47,075 $3,995,000 $2,484,800 $1,510,200
2021 $40,131 $3,367,437 $1,673,593 $1,693,844
2020 $40,483 $3,332,909 $1,656,433 $1,676,476
2019 $38,854 $3,267,558 $1,623,954 $1,643,604
2018 $38,748 $3,203,489 $1,592,112 $1,611,377
2016 $37,029 $3,079,096 $1,530,290 $1,548,806
2015 $36,482 $3,032,846 $1,507,304 $1,525,542
2014 $36,580 $2,973,437 $1,477,778 $1,495,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-746282

The MLS

APN: 5556-028-017