NOT LISTED FOR SALE

Estimated Value: $6,046,000 - $12,807,566

6 Beds
6.5 Baths
7,766 Sq Ft
$1,194/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $8,350,000 $1,075 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $58,889/month

3 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Views of Trees
  • Traditional Architecture
  • Breakfast Area or Nook

About This Home

As of January 2012

Luxurious Traditional located on the Riviera Rim overlooking the fifth fairway of the Riviera Country Club. 5 bedrooms, 6.5 baths, maids room, upstairs family room & library. Gourmet kitchen with large family room overlooking private gardens & breathtaking views. Formal dining room & living room with fireplace, hardwood floors & the finest of finishes throughout. Stunning master suite includes sitting room, walk-in closet, fireplace, balcony & a lavish bath. Gracious patio with outdoor fireplace, built-in barbeque, infinity pool & spa with views.

Last Agent to Sell the Property

Gary I Glass

Christie's International Real Estate SoCal License #00933169 Listed on: 12/20/2011

Christie's International Real Estate SoCal

Last Buyer's Agent

Gary I Glass

Christie's International Real Estate SoCal License #00933169 Listed on: 12/20/2011

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $124,114

Lot Details

  • 0.39

Parking

  • Direct Access Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 7,766 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Center Hall
  • Views of Trees
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 6.5 Bathrooms
  • Fireplace in Bathroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Features

  • 0.39 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4408-016-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$124,114

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 7766
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bath, Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood
  • Bedrooms: 6
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 6.50
  • Equipment: Barbeque, Built-Ins, Dishwasher, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 1106.75

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4408-016-004
  • Lot Size Area: 16920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2011
Closed on
Jan 4, 2012
Sold by
Lakin Stephanie
Bought by
Lakin Robert L and Robert L Lakin Revocable Trust
Seller's Agent
Gary I Glass
Christie's International Real Estate SoCal
Buyer's Agent
Gary I Glass
Christie's International Real Estate SoCal
List Price
$8,595,000
Sold Price
$8,350,000
Premium/Discount to List
-$245,000
-2.85%
Current Estimated Value
$9,274,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$924,855
Avg. Annual Appreciation
0.76%

Purchase Details

Listed on
Dec 20, 2011
Closed on
Dec 21, 2011
Sold by
Shuwarger Robert and The Napoli 2006 Trust
Bought by
Lakin Robert L and Robert L Lakin Revocable Trust
Seller's Agent
Gary I Glass
Christie's International Real Estate SoCal
Buyer's Agent
Gary I Glass
Christie's International Real Estate SoCal
List Price
$8,595,000
Sold Price
$8,350,000
Premium/Discount to List
-$245,000
-2.85%

Purchase Details

Closed on
Jan 20, 2006
Sold by
840 Napoli Partners Llc
Bought by
Shuwarger Robert and The Napoli 2006 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,625,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Baruch Enterprises Lp
Bought by
Meepos Steve

Purchase Details

Closed on
Sep 26, 2001
Sold by
Baruch Herbert Mark and Baruch Family Trust
Bought by
Baruch Enterprises Lp
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
Lakin Robert L -- Equity Title
Lakin Robert L $8,350,083 Equity Title
Shuwarger Robert -- Equity Title
840 Napoli Partners Llc -- Equity Title
Meepos Steve -- First American Title Co
Baruch Enterprises Lp -- --
Baruch Investments Inc -- --
Morgan Brian -- --
Baruch Herbert Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shuwarger Robert $4,625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2012 01/06/12 Sold $8,350,000 -2.9% $1,075 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
12/20/2011 12/20/11 For Sale $8,595,000 -- $1,107 / 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 $124,114 $10,488,068 $3,768,167 $6,719,901
2024 $124,114 $10,282,421 $3,694,282 $6,588,139
2023 $121,669 $10,080,806 $3,621,846 $6,458,960
2022 $115,945 $9,883,144 $3,550,830 $6,332,314
2021 $114,645 $9,689,357 $3,481,206 $6,208,151
2019 $111,172 $9,401,967 $3,377,952 $6,024,015
2018 $110,851 $9,217,616 $3,311,718 $5,905,898
2016 $106,082 $8,859,687 $3,183,121 $5,676,566
2015 $104,509 $8,726,607 $3,135,308 $5,591,299
2014 $104,771 $8,555,666 $3,073,892 $5,481,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-571595

The MLS

APN: 4408-016-004