NOT LISTED FOR SALE

Estimated Value: $6,689,000 - $55,279,836

7 Beds
12 Baths
14,230 Sq Ft
$2,177/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $39,000,000 $2,741 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $207,520/month

50 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Fireplace in Primary Bedroom
  • Warner Avenue Elementary Rated A
  • Heated Infinity Pool
  • Contemporary Architecture

About This Home

As of December 2016

Behind private gates on one of the most coveted streets in the Platinum Triangle, this Paul McClean-designed contemporary masterpiece boasts panoramic city-to-ocean views beyond compare with a dramatic open floor plan and collapsible walls of glass for effortless indoor-outdoor living. Exquisite interiors include a staggering living room with motorized glass doors to an expansive outdoor entertaining area complete with a 90-foot infinity edge pool and grassy yard, as well as a full bar, Italian kitchen, media room, billiards room, gym with steam room, and wine cellar with thumbprint security access. A private master wing features dual showroom closets and opulent bathrooms with steam rooms, a full bar, office, and sliding walls of glass to a huge outdoor deck. A Crestron smart home system,10-car subterranean garage, staff quarters, catering kitchen, Listone Giordano hardwood floors, FIMES closets, and custom Italian furnishings complete this architectural gem in the hills of Bel Air.

Last Agent to Sell the Property

Jade Mills

Coldwell Banker Realty License #00526877 Listed on: 10/19/2016

Coldwell Banker Realty

Co-Listed By

Mauricio Umansky

The Agency License #01222825

Last Buyer's Agent

Fred Bernstein

Westside Estate Agency Inc. License #01476689

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.82 Acre Lot
  • Gated Home
  • Property is zoned LARE20

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 14,230 Sq Ft Home
  • Built-In Features
  • Bar
  • Formal Entry
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Home Gym
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Driveway
  • Automatic Gate
  • Controlled Entrance

Pool

  • Heated Infinity Pool
  • Heated Spa
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4370-003-012

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0.82 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 14230
  • Lot Acreage: 0.8200
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Patio
  • Flooring: Mixed
  • Bedrooms: 7
  • Fireplaces: 5
  • Full Bathroom: 10
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 12.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Network Wire, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3373.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, In Ground, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: City, City Lights, Ocean, Panoramic, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 10
  • Parking Garage: Auto Driveway Gate, Controlled Entrance, Covered Parking, Driveway, Driveway - Pavers, Garage, Garage - 4+ Car, Garage Is Attached
  • Total Parking: 12

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4370-003-012
  • Geocode Override: No
  • Lot Size Area: 35887

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Dec 8, 2016
Sold by
Stradella Casa Lp
Bought by
864 Stradella Llc
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
Fred Bernstein
Westside Estate Agency Inc.
List Price
$48,000,000
Sold Price
$39,000,000
Premium/Discount to List
-$9,000,000
-18.75%
Current Estimated Value
$30,984,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,015,582
Avg. Annual Appreciation
-2.46%

Purchase Details

Closed on
Nov 4, 2013
Sold by
Toulouse Holdings Llc
Bought by
Stradella Caalp

Purchase Details

Closed on
Aug 20, 2013
Sold by
Stradella Casa Llc
Bought by
Toulouse Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 30, 2011
Closed on
Jan 9, 2012
Sold by
Kimball Fenn C and Fenn C Kimball Trust
Bought by
Stradella Casa Llc
Seller's Agent
murry mieszala
Core Real Estate Group
Buyer's Agent
Drew Fenton
Carolwood Estates
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2011
Sold by
Kimball Fenn Christopher
Bought by
Kimball Fenn C and Fenn C Kimball Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Kimball Victoria F and Kimball Bel Air Qprt
Bought by
Kimball Fenn Christopher

Purchase Details

Closed on
Sep 13, 1999
Sold by
Kimball Victoria F
Bought by
Kimball Victoria F and Kimball Bel Air Qprt
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
864 Stradella Llc $39,000,000 Chicago Title
Stradella Caalp -- None Available
Toulouse Holdings Llc -- None Available
Stradella Casa Llc $5,060,050 Chicago Title Company
Kimball Fenn C -- Ticor Title Company
Kimball Fenn Christopher -- None Available
Kimball Victoria F -- --
Kimball Victoria F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toulouse Holdings Llc $6,500,000
Previous Owner Stradella Casa Llc $3,500,000
Previous Owner Kimball Fenn C $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $39,000,000 -18.8% $2,741 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $48,000,000 0.0% $3,373 / Sq Ft
01/24/2012 01/24/12 Rented $10,000 -20.0% --
11/29/2011 11/29/11 Under Contract -- -- --
08/30/2011 08/30/11 For Rent $12,500 -- --
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 $534,444 $45,262,851 $29,014,649 $16,248,202
2024 $534,444 $44,375,345 $28,445,735 $15,929,610
2023 $523,882 $43,505,241 $27,887,976 $15,617,265
2022 $499,211 $42,652,198 $27,341,153 $15,311,045
2021 $493,410 $41,815,881 $26,805,052 $15,010,829
2020 $498,603 $41,387,112 $26,530,200 $14,856,912
2019 $478,375 $40,575,600 $26,010,000 $14,565,600
2018 $477,198 $39,780,000 $25,500,000 $14,280,000
2016 $248,726 $20,770,312 $5,281,226 $15,489,086
2015 $83,268 $6,935,864 $5,201,898 $1,733,966
2014 $83,489 $6,800,000 $5,100,000 $1,700,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-173008

The MLS

APN: 4370-003-012

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