NOT LISTED FOR SALE

Estimated Value: $5,640,000 - $111,424,048

9 Beds
15 Baths
24,922 Sq Ft
$2,349/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $75,000,000 $3,009 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $392,399/month

221 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Wine Cellar
  • Warner Avenue Elementary Rated A
  • Art Studio
  • Home Theater

About This Home

As of July 2019

Extraordinary Views, Extraordinary Property.

Last Agent to Sell the Property

Branden Williams

The Beverly Hills Estates License #01774287 Listed on: 12/03/2018

The Beverly Hills Estates

Co-Listed By

Jeffrey Hyland

Hilton & Hyland License #00389584

Last Buyer's Agent

Jon Grauman

Resident Group License #01469825

Resident Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $966,566

Year Built

  • Built in 1964

Lot Details

  • 0.76 Acre Lot
  • Property is zoned LARE20

Property Views

  • Ocean
  • City
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 24,922 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Built-In Features
  • Bar
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library
  • Game Room with Fireplace
  • Art Studio
  • Sauna
  • Home Gym
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • Covered Parking
  • Automatic Gate
  • Controlled Entrance

Pool

  • Cabana
  • In Ground Pool
  • Gas Heated Pool
  • Pool Tile
  • Heated Spa

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Heat Pump System
  • Water Purifier
  • Phone System
  • Cable TV Available

Additional Features

  • Solar Heating System
  • Attached Guest House

Listing and Financial Details

  • Assessor Parcel Number 4370-002-026

Community Details

Overview

  • No Home Owners Association

Amenities

  • Billiard Room
  • Card Room
  • Service Entrance

Home Details

Home Type

Single Family

Est. Annual Taxes

$966,566

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 24922
  • Stories: 3
  • Year Built: 1964
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Game Room, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood, Stone, Vinyl Tile
  • Bedrooms: 9
  • Full Bathroom: 9
  • Half Bathroom: 6
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 15.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Bar Ice Maker, Built-Ins, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Intercom, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Filter
  • Price Per S Q F T: 3531.02

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool Description: Heated with Gas, Tile
  • Pool: Yes
  • Spa: Heated with Gas, Hot Tub
  • Spa Yn: Yes
  • View: City, Hills, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Controlled Entrance, Covered Parking

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Fireplace, Heat Pump, Solar

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4370-002-026
  • Geocode Override: No
  • Lot Size Area: 33189

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2019
Sold by
Arya 822 Sarbonne Llc
Bought by
Sarbonne6 Llc
Current Estimated Value
$58,532,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2018
Sold by
Tavangarian Ardeshir Ardie and Tavangarian Tania
Bought by
Arya 822 Sarbonne Llc

Purchase Details

Closed on
Dec 20, 2017
Sold by
Arya 822 Sarbonne Llc
Bought by
Tavangarian Ardeshir Ardie and Tavangarian Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2017
Sold by
Arya-822 Sarbonne Llc
Bought by
Tavangarian Ardeshir and Tavangarian Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2017
Sold by
Tavangarian Ardeshir and Tavangarian Tania
Bought by
Cc0 Arya-822 Sarbonne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2014
Sold by
Tavangairan Ardie and Tavangaria Tania
Bought by
Arya-822 Sarbonne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,135,000
Interest Rate
3.96%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 12, 2013
Closed on
Feb 21, 2014
Sold by
Rund Jason M and Estate Of Halsey Mclean
Bought by
Tavangarian Ardie and Tavangarian Tania
Seller's Agent
Michael Sahakian
Coldwell Banker Realty
Buyer's Agent
Michael Sahakian
Coldwell Banker Realty
List Price
$14,950,000
Sold Price
$11,100,000
Premium/Discount to List
-$3,850,000
-25.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Feb 21, 2006
Sold by
Silber Reagan W
Bought by
Minor Halsey

Purchase Details

Closed on
Mar 7, 2001
Sold by
Wendle Kevin and Kevin Wendle Family Trust
Bought by
Silber Reagan W

Purchase Details

Closed on
May 5, 2000
Sold by
Trust Keykavoussi Homayoun Co Tr Keykavo and Keykavoussi Simine
Bought by
Wendle Kevin and The Kevin Wendle Family Trust
Source: Public Records

Range of Values:

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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
Sarbonne6 Llc $75,000,000 Chicago Title Company
Arya 822 Sarbonne Llc -- None Available
Tavangarian Ardeshir Ardie -- Progressive Title Company
Tavangarian Ardeshir -- Progressive Title Company
Cc0 Arya-822 Sarbonne Llc -- Accommodation
Arya-822 Sarbonne Llc -- North American Title
Tavangarian Ardie $11,100,000 Title 365
Minor Halsey -- None Available
Silber Reagan W -- Equity Title Company
Wendle Kevin -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarbonne6 Llc $40,000,000
Previous Owner Tavangarian Ardeshir Ardie $2,000,000
Previous Owner Tavangarian Ardeshir Ardie $2,000,000
Previous Owner Tavangarian Ardeshir $25,000,000
Previous Owner Arya-822 Sarbonne Llc $16,000,000
Previous Owner Arya-822 Sarbonne Llc $8,135,000
Previous Owner Minor Halsey $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $75,000,000 -14.8% $3,009 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $88,000,000 +692.8% $3,531 / Sq Ft
03/12/2014 03/12/14 Sold $11,100,000 -3.5% $1,484 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
11/04/2013 11/04/13 Price Changed $11,500,000 -11.2% $1,538 / Sq Ft
09/23/2013 09/23/13 Price Changed $12,950,000 -13.4% $1,732 / Sq Ft
08/12/2013 08/12/13 For Sale $14,950,000 -- $1,999 / 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 $966,566 $82,023,458 $43,745,844 $38,277,614
2024 $966,566 $80,415,156 $42,888,083 $37,527,073
2023 $947,422 $78,838,390 $42,047,141 $36,791,249
2022 $902,705 $77,292,540 $41,222,688 $36,069,852
2021 $892,271 $75,777,000 $40,414,400 $35,362,600
2020 $901,747 $75,000,000 $40,000,000 $35,000,000
2019 $167,032 $14,083,695 $9,121,014 $4,962,681
2018 $159,131 $13,227,074 $8,942,171 $4,284,903
2017 $142,265 $11,846,721 $8,766,835 $3,079,886
2016 $139,209 $11,614,434 $8,594,937 $3,019,497
2015 $135,738 $11,321,778 $8,465,834 $2,855,944
2014 $272,519 $22,295,924 $13,377,555 $8,918,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-412212

The MLS

APN: 4370-002-026