NOT LISTED FOR SALE

Estimated Value: $4,713,000 - $6,209,000

4 Beds
5.5 Baths
4,554 Sq Ft
$1,196/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $4,400,000 $966 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $33,622/month

137 Days on Market

Highlights

  • Wine Cellar
  • Heated In Ground Pool
  • City Lights View
  • West Hollywood Elementary School Rated A-
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of August 2021

North of Sunset among the blue-ribbon Bird Streets is a genuinely impressive Contemporary estate. Private, behind a gated driveway and shapely landscaping stands three levels of impeccable design. Stately entertainment rooms line the home like the main levels spacious living room that features a theater and bar, a Balthaup kitchen, and formal dining room. Full walls of glass and towering ceilings allow natural sunlight to caress every corner of the residence and grants divine canyon and city light views. A romantic private backyard with a water wall, pool, spa, BBQ and built-in seating wraps up the outdoor aesthetic. Additionally the home offers a 3-car garage, wine cellar, gym and a private office with bath. Just minutes from prime Beverly Hills and Sunset Plaza, Thrush Ways most esteemed estate is on the market.

Last Agent to Sell the Property

Richard Maslan

Carolwood Estates License #01304570 Listed on: 01/04/2021

Carolwood Estates

Co-Listed By

Tess Kartel

Compass License #02009851

Last Buyer's Agent

Trevor Bergher

Westside Estate Agency Inc. License #02103899

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,585

Year Built

  • Built in 1990

Lot Details

  • 0.28 Acre Lot
  • Property is zoned LARE11

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Automatic Gate

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,554 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Entryway
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Home Gym
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5561-012-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,585

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4554
  • Lot Acreage: 0.2829
  • Probate: No
  • Stories: 3
  • Year Built: 1990
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Terrazzo, Mixed, Carpet
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Bar Ice Maker, Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Washer
  • Price Per S Q F T: 987.04

Exterior Features

  • Other Structures: None
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Parking Garage: Attached, Auto Driveway Gate

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Sewer: In Street Paid
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5561-012-037
  • Lot Size Area: 12323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jul 5, 2021
Sold by
Keith Ferrazzi Living Trust and Keith Ferrazzi Living Trust
Bought by
Cho Seong Ho
Seller's Agent
Richard Maslan
Carolwood Estates
Buyer's Agent
Trevor Bergher
Westside Estate Agency Inc.
List Price
$5,260,000
Sold Price
$4,400,000
Premium/Discount to List
-$860,000
-16.35%
Current Estimated Value
$5,446,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,046,647
Avg. Annual Appreciation
5.25%
Original Mortgage
$2,200,000
Outstanding Balance
$1,999,197
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,447,450

Purchase Details

Listed on
Sep 9, 2019
Closed on
Feb 26, 2020
Sold by
Russeck Lana
Bought by
Ferrazzi Keith and The Keith Ferrazzi Living Trus
Seller's Agent
Josh Flagg
Compass
Buyer's Agent
Stacy Gottula
Coldwell Banker Realty
List Price
$3,995,000
Sold Price
$3,200,000
Premium/Discount to List
-$795,000
-19.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.14%
Original Mortgage
$2,400,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2019
Sold by
Russeck Howard and Russeck Lana
Bought by
Russeck Lana

Purchase Details

Closed on
Jul 13, 2006
Sold by
Maassen Ronald J and Ronald J Maassen Trust
Bought by
Russeck Howard and Russeck Lana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Boehringer William E
Bought by
Maassen Ronald J and The Ronald J Maassen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Anderson Jay C
Bought by
Boehringer William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
5.84%
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
Cho Seong Ho $4,400,000 Fidelity National Title
Ferrazzi Keith $3,200,000 Fidelity National Title
Russeck Lana -- None Available
Russeck Howard -- California Title Company
Maassen Ronald J -- Commonwealth Land Title Co
Boehringer William E $1,850,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Seong Ho $2,200,000
Previous Owner Ferrazzi Keith $2,400,000
Previous Owner Russeck Howard $5,000,000
Previous Owner Maassen Ronald J $2,500,000
Previous Owner Boehringer William E $1,295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2021 08/04/21 Sold $4,400,000 -2.1% $966 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $4,495,000 -5.4% $987 / Sq Ft
02/16/2021 02/16/21 Price Changed $4,750,000 -4.9% $1,043 / Sq Ft
01/14/2021 01/14/21 Price Changed $4,995,000 -5.0% $1,097 / Sq Ft
01/04/2021 01/04/21 For Sale $5,260,000 +64.4% $1,155 / Sq Ft
03/02/2020 03/02/20 Sold $3,200,000 0.0% $703 / Sq Ft View Prior Sale
02/22/2020 02/22/20 Pending -- -- --
01/03/2020 01/03/20 Off Market $3,200,000 -- --
09/09/2019 09/09/19 For Sale $3,995,000 -- $877 / 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 $55,585 $4,669,315 $3,735,452 $933,863
2024 $55,585 $4,577,760 $3,662,208 $915,552
2023 $54,499 $4,488,000 $3,590,400 $897,600
2022 $51,973 $4,400,000 $3,520,000 $880,000
2021 $38,648 $3,233,151 $1,939,891 $1,293,260
2020 $86,587 $7,166,536 $5,819,075 $1,347,461
2019 $83,084 $7,026,017 $5,704,976 $1,321,041
2018 $82,876 $6,888,253 $5,593,114 $1,295,139
2016 $79,296 $6,620,777 $5,375,928 $1,244,849
2015 $78,120 $6,521,328 $5,295,177 $1,226,151
2014 $78,318 $6,393,585 $5,191,452 $1,202,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-660222

The MLS

APN: 5561-012-037