NOT LISTED FOR SALE

Estimated Value: $6,850,000 - $12,062,849

5 Beds
5 Baths
4,830 Sq Ft
$1,911/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $5,195,000 $1,076 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $62,542/month

53 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Breakfast Area or Nook
  • Warner Avenue Elementary Rated A
  • Park or Greenbelt View
  • Walk-In Pantry

About This Home

As of May 2014

Nestled just up the street from the Bel Air Hotel on Stone Canyon Road, one of the most beautiful streets in Bel Air, sits this elegant private gated villa. The estate has been recently updated but there is plenty of room for a new owner's personal touch. French doors abound as the indoor rotunda opens to the heated pool, spa and big grassy yard. Traditional by design, the estate has a cool art deco vibe. The lush and tranquil back yard is large, flat and perfect for entertaining or hosting special events.

Last Agent to Sell the Property

Gregory Bega

Sotheby's International Realty License #00935802 Listed on: 01/30/2014

Sotheby's International Realty

Co-Listed By

Mary Kay Nibley

Rodeo Realty License #00575927

Last Buyer's Agent

Drew Mandile

Sotheby's International Realty License #00412173

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $118,866

Year Built

  • Built in 1979

Lot Details

  • 0.82 Acre Lot
  • Property is zoned LARE20

Parking

  • Auto Driveway Gate

Home Design

  • Villa

Interior Spaces

  • 4,830 Sq Ft Home
  • Built-In Features
  • Bar
  • Entryway
  • Den with Fireplace
  • Park or Greenbelt Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4370-005-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$118,866

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Living Area: 4830
  • Year Built: 1979
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Den, Master Bedroom
  • Flooring: Hardwood, Stone
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Washer
  • Price Per S Q F T: 1132.30

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway Gate, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4370-005-033
  • Geocode Override: No
  • Lot Size Area: 35921

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2014
Closed on
May 14, 2014
Sold by
Khoshbin Mehrdad
Bought by
Oh Sase Kyu and Park Hae Gyung
Seller's Agent
Gregory Bega
Sotheby's International Realty
Buyer's Agent
Drew Mandile
Sotheby's International Realty
List Price
$5,469,000
Sold Price
$5,195,000
Premium/Discount to List
-$274,000
-5.01%
Current Estimated Value
$9,660,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,465,327
Avg. Annual Appreciation
5.24%
Original Mortgage
$3,636,500
Outstanding Balance
$2,792,590
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$6,438,693

Purchase Details

Closed on
Jun 17, 1997
Sold by
Goldberg Lawrence S and Morris Marilyn J
Bought by
Khoshbin Mehrdad

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
7.83%
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
Oh Sase Kyu $5,195,051 None Available
Khoshbin Mehrdad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Sase Kyu $3,636,500
Previous Owner Khoshbin Mehrdad $1,000,000
Previous Owner Khosbin Mehrdad $1,000,000
Previous Owner Khoshbin Mehrdad $250,000
Previous Owner Khoshbin Mehrdad $1,100,000
Previous Owner Khoshbin Mehrdad $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $5,195,000 -5.0% $1,076 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $5,469,000 -- $1,132 / 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 $118,866 $10,064,888 $6,368,355 $3,696,533
2024 $118,866 $9,867,538 $6,243,486 $3,624,052
2023 $116,520 $9,674,058 $6,121,065 $3,552,993
2022 $111,056 $9,484,372 $6,001,045 $3,483,327
2021 $97,439 $8,247,705 $5,883,378 $2,364,327
2019 $94,421 $8,003,075 $5,708,875 $2,294,200
2018 $80,795 $6,716,937 $5,596,937 $1,120,000
2016 $64,758 $5,379,600 $2,801,534 $2,578,066
2015 $63,802 $5,298,795 $2,759,453 $2,539,342
2014 $30,141 $2,418,387 $1,693,343 $725,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-733371

The MLS

APN: 4370-005-033