NOT LISTED FOR SALE

985 Oakmont St Los Angeles, CA 90049

Brentwood Neighborhood

Estimated Value: $6,505,000 - $15,945,019

5 Beds
9 Baths
11,213 Sq Ft
$883/Sq Ft Est. Value

Last Sold February 20, 2013

Last sale price $14,750,000 $1,315 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $66,761/month

11 Days on Market

Highlights

  • Guest House
  • Projection Room
  • 52,399 Sq Ft lot
  • Wine Cellar
  • Heated In Ground Pool
  • Canyon View

About This Home

As of February 2013

Private and gated, this exquisite 11,213 sq/ft Traditional Estate is ideally suited for entertaining and gracious family living. Main floor features a stunning entry and central hall plan, living room and formal dining room with butler's pantry, library with bar, and open gourmet kitchen, breakfast area and family room which open to rear gardens and pool. Upstairs is the spacious and serene master suite complete with office, dual baths and walk-in closet. Three additional bedrooms with en-suite baths and playroom are also found on this floor. Lower level features screening room with projector, office, guest suite, expansive laundry room and gym. Guest house. Private 52,399 sq/ft lot with mature trees, peaceful canyon views, grassy yard, pool and barbeque. 975 Oakmont Street is included in the purchase. APN # 4426025012

Last Agent to Sell the Property

Hugh Evans

Compass License #00997121 Listed on: 11/08/2012

Compass

Last Buyer's Agent

Mark Smith

Coldwell Banker Realty License #01849414

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $153,883

Year Built

  • Built in 2005

Lot Details

  • 1.2 Acre Lot
  • Property is zoned LARE40

Home Design

  • Traditional Architecture

Interior Spaces

  • 11,213 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Projection Room
  • Home Theater
  • Home Office
  • Library
  • Home Gym
  • Canyon Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Parking

  • Attached Garage
  • Auto Driveway Gate

Pool

  • Heated In Ground Pool
  • Pool Cover

Utilities

  • Central Heating and Cooling System
  • Phone System

Additional Features

  • Outdoor Grill
  • Guest House

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4426-025-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$153,883

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 11213
  • Stories: 3
  • Year Built: 2005
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room
  • Flooring: Carpet, Hardwood, Stone Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 6
  • Half Bathroom: 3
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Central Vacuum, Dishwasher, Dryer, Freezer, Hood Fan, Intercom, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1337.29

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Pool Cover, Private
  • Pool: Yes
  • View: Canyon, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Driveway Gate, Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned, T.V.

Lot Info

  • Assessor Parcel Number: 4426-025-005
  • Lot Size Area: 52399

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2012
Sold by
Rocchio John C and Rocchio Lisa A
Bought by
Rosen Scott R and Oakmont Trust
Current Estimated Value
$9,899,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,587,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2006
Sold by
985 Oakmont Lp
Bought by
Rocchio John C and Rocchio Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Miller Steve
Bought by
985 Oakmont Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2004
Sold by
Beckstead Paul Byron and Will Of Yvonne Beckstead
Bought by
Miller Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage
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
Rosen Scott R -- Equity Title Company
Rocchio John C -- Equity Title Company
985 Oakmont Lp -- Accommodation
Miller Steve -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosen Scott R $9,587,500
Previous Owner Rocchio John C $1,500,000
Previous Owner Rocchio John C $1,600,000
Previous Owner Rocchio John C $1,600,000
Previous Owner Rocchio John C $4,000,000
Previous Owner Miller Steve $0
Previous Owner Miller Steve $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2013 02/20/13 Sold $14,750,000 -1.6% $1,315 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
11/08/2012 11/08/12 For Sale $14,995,000 -- $1,337 / 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 $153,883 $12,991,564 $5,602,996 $7,388,568
2024 $153,883 $12,736,829 $5,493,134 $7,243,695
2023 $150,854 $12,487,088 $5,385,426 $7,101,662
2022 $143,759 $12,242,244 $5,279,830 $6,962,414
2021 $142,037 $12,002,201 $5,176,304 $6,825,897
2019 $137,734 $11,646,211 $5,022,773 $6,623,438
2018 $137,400 $11,417,855 $4,924,288 $6,493,567
2016 $131,472 $10,974,488 $4,733,073 $6,241,415
2015 $129,523 $10,809,642 $4,661,978 $6,147,664
2014 $129,846 $10,597,897 $4,570,657 $6,027,240
Source: Public Records

Agents Affiliated with this Home

  • Hugh Evans

    Seller's Agent in 2013

    Hugh Evans

    Compass

    (310) 858-6800

    4 in this area

    17 Total Sales

    Hugh Evans
    Section Image

  • M

    Buyer's Agent in 2013

    Mark Smith

    Coldwell Banker Realty

    (310) 273-3113

    1 in this area

    6 Total Sales

    Mark Smith
    Section Image
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Map

Source: The MLS

MLS Number: 12-634711

The MLS

APN: 4426-025-005

California Los Angeles County Los Angeles 90049 Brentwood

985 Oakmont St, Los Angeles, CA

This home is located at 985 Oakmont St, Los Angeles, CA 90049 since 08 November 2012 and is currently estimated at $9,899,006, approximately $882 per square foot. This property was built in 2005. 985 Oakmont St is a home located in Los Angeles County with nearby schools including Kenter Canyon Elementary School, Paul Revere Charter Middle School, and Palisades Charter High.

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