NOT LISTED FOR SALE

Estimated Value: $3,977,419 - $4,729,000

4 Beds
4.5 Baths
4,162 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $3,210,000 $771 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $26,029/month

217 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Wonderland Avenue Elementary Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of March 2018

Located in one of the most desirable locations and on one of the best view lots in the city, this 4BR/4.5BA residence is a contemporary masterpiece at the top of Laurel Canyon off of the famed Mulholland corridor with jetliner views. Within the walls of this 4,162 sq.ft. home: Open-concept living area with breath-taking north-facing views, towering ceilings in living room, each bedroom en-suite, floor-to-ceiling luxe stone bathrooms, butler's pantry, and gas and solar heated saltwater pool (complete with waterfalls and spa). Turn on the fire pit and stoke up the outdoor Viking grill with city light views to entertain with ease, OR walk down to your own orchard and pick fresh produce from a variety of 25 different fruit trees. The home's additional features include: Private gate, keyless entry, 200-bottle wine cellar, panic room, speakers (inside and out), and audio/video and pool operated with phone or tablet. BONUS ALERT: Located in the highly-desirable Wonderland School District!

Last Agent to Sell the Property

Chris Gray

Beverly and Company, Inc. License #02012829 Listed on: 07/13/2017

Beverly and Company, Inc.

Co-Listed By

Jeff Yarbrough

Keller Williams Beverly Hills License #01341959

Last Buyer's Agent

Josh Goldstein

Compass License #01880805

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 0.33 Acre Lot
  • Property is zoned LARE40

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 4,162 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Wood Flooring
  • Security System Owned
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Auto Driveway Gate

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5564-002-026

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 4162
  • Stories: 1
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 839.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, Salt/Saline
  • Pool: Yes
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway Gate, Garage - 2 Car
  • Total Parking: 3

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5564-002-026
  • Geocode Override: No
  • Lot Size Area: 14561

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Feb 16, 2018
Sold by
Lima Erwin Von Metzger
Bought by
Salzman Robert and The Spread Love Itbw Land Trust
Seller's Agent
Chris Gray
Beverly and Company, Inc.
Buyer's Agent
Josh Goldstein
Compass
List Price
$3,949,000
Sold Price
$3,210,000
Premium/Discount to List
-$739,000
-18.71%
Current Estimated Value
$4,283,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,605
Avg. Annual Appreciation
3.76%
Original Mortgage
$2,407,500
Outstanding Balance
$1,996,262
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,287,343

Purchase Details

Closed on
Apr 20, 2016
Sold by
Vonvonmetzger Erwin Von
Bought by
The Erwin Von Metzger Lima & Juan Carlos

Purchase Details

Listed on
Nov 11, 2013
Closed on
Dec 10, 2013
Sold by
Sanders Tim
Bought by
Vonmetzger Erwin and Garcia Juan Carlos Serrano
Seller's Agent
Gene Bush
Coldwell Banker Realty
Buyer's Agent
Hildi Smith
Nelson Shelton & Associates
List Price
$2,795,000
Sold Price
$2,720,000
Premium/Discount to List
-$75,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Apr 22, 2005
Sold by
Ulrich Bryan Ray
Bought by
Sanders Tim and Sanders Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.64%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 26, 2004
Sold by
Capone Daniel L
Bought by
Ulrich Brian Ray and Ulrich Georgina May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
Mckagan Michael A
Bought by
Capone Daniel L

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
7.25%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Mckagan Michael
Bought by
Michael A Mckagan Living Trust

Purchase Details

Closed on
Dec 23, 1993
Sold by
Mckagan Linda
Bought by
Mckagan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
7.09%
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
Salzman Robert $3,210,000 Fidelity National Title
The Erwin Von Metzger Lima & Juan Carlos -- None Available
Vonmetzger Erwin $2,720,000 Equity Title Los Angeles
Sanders Tim $2,095,000 Chicago Title Co
Ulrich Brian Ray $1,730,000 Chicago Title Co
Capone Daniel L $820,000 Equity Title Company
Michael A Mckagan Living Trust -- First American Title Co
Mckagan Michael -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salzman Robert $2,407,500
Previous Owner Sanders Tim $1,500,000
Previous Owner Ulrich Brian Ray $1,000,000
Previous Owner Capone Daniel L $650,000
Previous Owner Mckagan Michael $530,000
Closed Capone Daniel L $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2018 03/15/18 Sold $3,210,000 -8.2% $771 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
11/28/2017 11/28/17 Price Changed $3,495,000 -2.9% $840 / Sq Ft
11/04/2017 11/04/17 Price Changed $3,599,000 -7.7% $865 / Sq Ft
08/14/2017 08/14/17 Price Changed $3,899,000 +34.5% $937 / Sq Ft
08/13/2017 08/13/17 Price Changed $2,899,000 -26.6% $697 / Sq Ft
07/13/2017 07/13/17 For Sale $3,949,000 +45.2% $949 / Sq Ft
01/10/2014 01/10/14 Sold $2,720,000 -2.7% $654 / Sq Ft View Prior Sale
12/05/2013 12/05/13 Pending -- -- --
11/11/2013 11/11/13 For Sale $2,795,000 -- $672 / 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 $43,825 $3,652,426 $2,760,599 $891,827
2024 $43,825 $3,580,811 $2,706,470 $874,341
2023 $42,976 $3,510,600 $2,653,402 $857,198
2022 $41,005 $3,441,766 $2,601,375 $840,391
2021 $40,511 $3,374,281 $2,550,368 $823,913
2019 $39,232 $3,274,200 $2,474,724 $799,476
2018 $35,580 $2,930,443 $1,921,057 $1,009,386
2016 $34,004 $2,816,653 $1,846,461 $970,192
2015 $33,504 $2,774,345 $1,818,726 $955,619
2014 $29,480 $2,382,200 $1,436,143 $946,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-250026

The MLS

APN: 5564-002-026