NOT LISTED FOR SALE

Estimated Value: $7,888,000 - $15,552,708

7 Beds
10 Baths
10,449 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $7,037,000 $673 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $63,587/month

25 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Fireplace in Bathroom
  • West Hollywood Elementary School Rated A-
  • Heated In Ground Pool
  • Contemporary Architecture

About This Home

As of October 2017

Welcome to Villa Cherokee. This home boasts all the amenities you desire. As you enter this Tuscan masterpiece a grand-scale foyer leads to well-appointed living areas on the main floor. The impressive home is an entertainers dream with lots of volume and space to host. Villa Cherokee offers rich finishes such as hand-laid stone, hardwood floors, and custom wrought-iron fixtures throughout the 6 br /10 bt home. The top floor offers an enormous master suite with walk-in closets and an additional 4 bedrooms. Lovely French doors & a Skylight atrium allow plenty of natural light into the home. With something for everyone, the Villa offers a movie theater, billiards room, wine cellar, a yard area complete with a pool, spa, waterfall, bar and grassy lawn. A full size elevator, 4 car garage and a center island kitchen are just a few additional details. Villa Cherokee is an outstanding investment opportunity as it was recently rented at an astonishing monthly rate of $108,000/Month

Last Agent to Sell the Property

David Kramer

Compass License #00996960 Listed on: 09/14/2017

Compass

Co-Listed By

Ziv Gabay

The Beverly Hills Estates License #01971047

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $95,298

Year Built

  • Built in 2006

Lot Details

  • 0.35 Acre Lot
  • Property is zoned LARE15

Home Design

  • Contemporary Architecture

Interior Spaces

  • 10,449 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Library with Fireplace
  • Bonus Room
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Auto Driveway Gate
  • Driveway

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4388-019-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$95,298

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 10449
  • Stories: 3
  • Year Built: 2006
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bath, Library, Living Room, Master Retreat
  • Flooring: Hardwood, Stone
  • Bedrooms: 7
  • Full Bathroom: 7
  • Half Bathroom: 3
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 10.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 717.68

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Driveway Gate, Garage, Private Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4388-019-036
  • Geocode Override: No
  • Lot Size Area: 15060

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Sep 21, 2017
Sold by
9311 Cherokee Lane Llc
Bought by
Love Of Life Lp
Seller's Agent
David Kramer
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$7,499,000
Sold Price
$7,037,000
Premium/Discount to List
-$462,000
-6.16%
Current Estimated Value
$10,495,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,458,569
Avg. Annual Appreciation
5.16%
Original Mortgage
$4,777,500
Outstanding Balance
$3,865,902
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,629,667

Purchase Details

Closed on
Jan 9, 2014
Sold by
Joesoef Iwan Valiant
Bought by
9311 Cherokee Lane Llc

Purchase Details

Closed on
Aug 22, 2013
Sold by
Slappy Happy Llc
Bought by
Joesoef Iwan Valian and Joesoef Ratna Marina

Purchase Details

Closed on
May 24, 2011
Sold by
9311 Cherokee Inc
Bought by
Slappy Happy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,575,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2011
Sold by
Bevridge Llc
Bought by
9311 Cherokee Inc

Purchase Details

Closed on
Dec 10, 2009
Sold by
Island Shore Services Inc Llc
Bought by
Bevridge Llc

Purchase Details

Closed on
Sep 23, 2009
Sold by
Island Shore Services Llc
Bought by
Willis Snizhana

Purchase Details

Closed on
May 6, 2008
Sold by
Zatikyan Arman and Grigoryan Lilit
Bought by
Island Shore Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,600,000
Interest Rate
6.04%
Mortgage Type
Seller Take Back
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
Love Of Life Lp $7,037,000 Chicago Title Company
9311 Cherokee Lane Llc -- None Available
Joesoef Iwan Valian $5,945,059 Chicago Title Company
Slappy Happy Llc $5,500,000 Stewart Title
9311 Cherokee Inc -- Stewart Title
Bevridge Llc $5,000,000 None Available
Willis Snizhana -- None Available
Island Shore Services Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Of Life Lp $4,777,500
Previous Owner Slappy Happy Llc $3,575,000
Previous Owner Island Shore Services Llc $5,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $7,037,000 -6.2% $673 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $7,499,000 0.0% $718 / Sq Ft
01/01/2016 01/01/16 Rented $59,000 0.0% --
10/30/2015 10/30/15 Under Contract -- -- --
07/15/2015 07/15/15 For Rent $59,000 -- --
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 $95,298 $8,006,900 $4,621,859 $3,385,041
2024 $95,298 $7,849,903 $4,531,235 $3,318,668
2023 $93,432 $7,695,985 $4,442,388 $3,253,597
2022 $89,080 $7,545,084 $4,355,283 $3,189,801
2021 $87,990 $7,397,142 $4,269,886 $3,127,256
2019 $85,266 $7,177,740 $4,143,240 $3,034,500
2018 $85,002 $7,037,000 $4,062,000 $2,975,000
2017 $116,768 $9,717,455 $5,386,850 $4,330,605
2016 $114,191 $9,526,918 $5,281,226 $4,245,692
2015 $112,499 $9,383,816 $5,201,898 $4,181,918
2014 $112,778 $9,200,000 $5,100,000 $4,100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-269332

The MLS

APN: 4388-019-036