NOT LISTED FOR SALE

Estimated Value: $5,786,000 - $8,438,000

5 Beds
7 Baths
5,850 Sq Ft
$1,247/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $5,300,000 $906 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $45,345/month

99 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Central Heating and Cooling System
  • View of Hills
  • Laundry Room
  • 3-minute walk to Kings Road Park

About This Home

As of April 2019

Beautiful "Classically Modern" New Construction designed by Chelsea Design Associates. Masterfully designed and constructed with the most discerning of attention to detail and impressively top of the line finishes throughout. This private and gated five bedroom, seven bathroom home features a grand entry with expansive volume and direct view through to the custom designed water and fire features back dropping the pool, an oversized chef's kitchen with top of the line appliances, an amazing first floor master suite with incredible amenities and a uniquely oversized closet. Extremely thoughtful layout and a central elevator to all floors perfectly utilizes the spaces tying together all areas from dining room, large en-suite guest bedrooms, rooftop deck, theater, gym, office and the exterior space featuring a custom pool with a baja shelf & hot tub. This home is ideally designed to capitalize on the best of the Southern California indoor/outdoor lifestyle.

Last Agent to Sell the Property

Dustin Cumming

Hilton & Hyland License #01892978 Listed on: 01/07/2019

Co-Listed By

Monty Beisel

Hilton & Hyland License #01940414

Last Buyer's Agent

deidre Powell

Compass License #01338440

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,204

Year Built

  • Built in 2018

Lot Details

  • 7,799 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 5 Car Garage

Interior Spaces

  • 5,850 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5529-002-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,204

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 5850
  • Stories: 2
  • Year Built: 2018
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 5
  • Full Bathroom: 7
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Elevator
  • Price Per S Q F T: 974.19

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5529-002-006
  • Geocode Override: No
  • Lot Size Area: 7799

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Apr 18, 2019
Sold by
927 Orlando Llc
Bought by
D Lisa Branson Clark Revocable Trust
Seller's Agent
Dustin Cumming
Hilton & Hyland
Buyer's Agent
deidre Powell
Compass
List Price
$5,999,000
Sold Price
$5,300,000
Premium/Discount to List
-$699,000
-11.65%
Total Days on Market
99
Current Estimated Value
$7,248,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,948,476
Avg. Annual Appreciation
5.19%
Original Mortgage
$3,710,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 7, 2019
Closed on
Apr 2, 2019
Sold by
Castro Richard Rionda Del and Castro Patricia Rionda Del
Bought by
Rdcr Irrevocable Spendthrift Trust
Seller's Agent
Dustin Cumming
Hilton & Hyland
Buyer's Agent
deidre Powell
Compass
List Price
$5,999,000
Sold Price
$5,300,000
Premium/Discount to List
-$699,000
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,710,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2016
Sold by
Sim Myong Hi
Bought by
927 Orlando Llc

Purchase Details

Closed on
Mar 26, 2008
Sold by
Sim Hae Il
Bought by
Sim Hae Il and Sim Myong Hi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2002
Sold by
Sim Hae Il and Sim Myong Hi
Bought by
Sim Hae Il

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 4, 2000
Sold by
Sim Hae I and Sim Myong H
Bought by
Sim Hae Il and Sim Myong Hi
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
D Lisa Branson Clark Revocable Trust $5,300,000 Fidelity National Title Co
Rdcr Irrevocable Spendthrift Trust -- None Available
927 Orlando Llc $2,050,000 Chicago Title Company
Sim Hae Il -- Chicago Title Company
Sim Hae Il -- Lawyers Title Company
Sim Hae Il -- Lawyers Title Company
Sim Hae Il -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandson Clark D Lisa $3,710,000
Closed D Lisa Branson Clark Revocable Trust $3,710,000
Previous Owner Sim Hae Il $395,000
Previous Owner Sim Hae Il $410,000
Previous Owner Sim Hae Il $250,000
Previous Owner Sim Hae Il $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $5,300,000 -7.0% $906 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
03/25/2019 03/25/19 Price Changed $5,699,000 -5.0% $974 / Sq Ft
01/07/2019 01/07/19 For Sale $5,999,000 -- $1,025 / 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 $70,204 $5,912,248 $5,019,835 $892,413
2024 $70,204 $5,796,322 $4,921,407 $874,915
2023 $68,828 $5,682,669 $4,824,909 $857,760
2022 $65,597 $5,571,245 $4,730,303 $840,942
2021 $64,802 $5,462,005 $4,637,552 $824,453
2020 $65,484 $5,406,000 $4,590,000 $816,000
2019 $37,149 $2,132,820 $1,706,256 $426,564
2018 $25,294 $2,091,000 $1,672,800 $418,200
2016 $1,642 $116,555 $62,109 $54,446
2015 $1,621 $114,806 $61,177 $53,629
2014 $1,639 $112,558 $59,979 $52,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-420220

The MLS

APN: 5529-002-006