NOT LISTED FOR SALE

Estimated Value: $5,041,000 - $7,206,000

5 Beds
5 Baths
4,131 Sq Ft
$1,436/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $4,500,000 $1,089 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $37,065/month

Highlights

  • In Ground Pool
  • City Lights View
  • Maid or Guest Quarters
  • Roscomare Road Elementary Rated A
  • Reservoir in Community
  • Fireplace in Primary Bedroom

About This Home

As of June 2017

OPPORTUNITY!!!! Delight in the most stunning views of Stone Canyon reservoir, colorful canyons and downtown lights from this private and picturesque Bel Air home. Private, walled and gated for ultimate discretion, the 2 story grand entry leads to walls of glass overlooking the sprawling yard with Cypress trees and alluring resort-like pool and cabana, on an expansive 26,809 sq.ft.lot. The indoor outdoor flow and huge patio area are perfect for alfresco dining, entertaining or just catching your breath.
The fine features of this home including high ceilings, a formal living room w/fireplace,formal dining room, kitchen w/center island breakfast bar, and breakfast/sitting area.On the first floor, you will find a cozy family room and a library/study w/fireplace and a small gym.The top floor master suite feels like a sanctuary replete w/a private balcony and stunning views, fireplace and walk-in closet. On the upper level, you will also find 3 additional bedrooms and 2 en-suite bathrooms.
The story of this home is true privacy and ultimate tranquility on one of the most coveted Bel Air streets, yet minutes from Sunset Blvd and Beverly Hills. Highly regarded access to Roscomare Elementary and/or Warner Ave Elementary schools, both ranked top 5 among LAUSD.

Last Agent to Sell the Property

Suzanne Clayton

No Firm Affiliation License #01018937 Listed on: 08/31/2016

Co-Listed By

Pamela Topa

No Firm Affiliation License #01378692

Last Buyer's Agent

Suzanne Clayton

No Firm Affiliation License #01018937 Listed on: 08/31/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,453

Year Built

  • Built in 1967

Lot Details

  • 0.62

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Automatic Gate

Property Views

  • City Lights
  • Canyon
  • Reservoir

Home Design

  • French Architecture

Interior Spaces

  • 4,131 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Additional Features

  • 0.62 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Reservoir in Community

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 23946
  • Assessor Parcel Number 4377038027

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,453

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 818-974-9660
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Architectural Style: French
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4377038027
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4131.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1089.32
  • Room Type: Family Room, Formal Entry, Guest/Maid's Quarters, Living Room, Master Bedroom, Office

Exterior Features

  • View: Canyon, City Lights, Reservoir
  • Pool Features: Private, In Ground, Gunite
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Side, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 26809.00
  • Price Per Lot Square Foot: 222.87

Multi Family

  • Lease Considered: No
  • Waterfront Features: Reservoir in Community

Tax Info

  • Tax Lot: 112
  • Tax Tract Number: 23946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Jun 8, 2017
Sold by
Casa Bel Air Llc
Bought by
Sahatjian Sarine and Sarine Sahatjian Living Trust
Seller's Agent
Suzanne Clayton
No Firm Affiliation
Buyer's Agent
Suzanne Clayton
Dilbeck Real Estate
List Price
$5,975,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,475,000
-24.69%
Current Estimated Value
$5,933,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,433,067
Avg. Annual Appreciation
3.53%
Original Mortgage
$3,000,000
Outstanding Balance
$2,509,322
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$3,480,214

Purchase Details

Closed on
Jan 9, 2015
Sold by
Riady Michael
Bought by
Casa Bel Air Llc

Purchase Details

Listed on
Jul 29, 2013
Closed on
Sep 10, 2013
Sold by
Regent 1 Inc
Bought by
Riady Michael
Seller's Agent
Myra Nourmand
Nourmand & Associates-BH
Buyer's Agent
Suzanne Clayton
List Price
$3,449,000
Sold Price
$3,180,000
Premium/Discount to List
-$269,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$2,067,325
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 29, 2013
Closed on
Aug 20, 2013
Sold by
Wijaya Angelina
Bought by
Riady Michael
Seller's Agent
Myra Nourmand
Nourmand & Associates-BH
Buyer's Agent
Suzanne Clayton
List Price
$3,449,000
Sold Price
$3,180,000
Premium/Discount to List
-$269,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,067,325
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2005
Sold by
Bowen Mark
Bought by
Regent 1 Inc

Purchase Details

Closed on
Aug 11, 2004
Sold by
Bowen Mark
Bought by
Legal Regent I Inc

Purchase Details

Closed on
Oct 7, 2003
Sold by
Gilbert Harry A and The Harry & Gloria Gilbert Tru
Bought by
Bowen Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1998
Sold by
Gilbert Harry and Gilbert Gloria
Bought by
Gilbert Harry A and Gilbert Gloria
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
Sahatjian Sarine $4,500,000 Orange Coast Title Co Socal
Casa Bel Air Llc -- None Available
Riady Michael $3,180,500 Orange Coast Title Co Of Sou
Riady Michael -- Orange Coast Title Co
Regent 1 Inc -- First American Title Company
Legal Regent I Inc -- --
Bowen Mark -- Equity Title
Gilbert Harry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahatjian Sarine $3,000,000
Previous Owner Riady Michael $2,067,325
Previous Owner Regent 1 Inc $6,000,000
Previous Owner Bowen Mark $905,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Sold $4,500,000 -24.7% $1,089 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
08/31/2016 08/31/16 For Sale $5,975,000 0.0% $1,446 / Sq Ft
08/06/2014 08/06/14 Rented $11,000 -31.3% --
06/26/2014 06/26/14 Under Contract -- -- --
12/31/2013 12/31/13 For Rent $16,000 0.0% --
10/01/2013 10/01/13 Sold $3,180,000 -7.8% $819 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $3,449,000 0.0% $888 / Sq Ft
01/10/2012 01/10/12 Rented $9,000 -25.0% --
01/10/2012 01/10/12 Under Contract -- -- --
07/24/2011 07/24/11 For Rent $12,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $65,453 $5,484,511 $3,398,075 $2,086,436
2024 $65,453 $5,376,973 $3,331,447 $2,045,526
2023 $64,176 $5,271,543 $3,266,125 $2,005,418
2022 $61,204 $5,168,181 $3,202,084 $1,966,097
2021 $60,472 $5,066,846 $3,139,299 $1,927,547
2019 $55,752 $4,681,799 $3,046,187 $1,635,612
2018 $55,518 $4,590,000 $2,986,458 $1,603,542
2016 $39,774 $3,292,999 $1,708,632 $1,584,367
2015 $39,190 $3,243,536 $1,682,967 $1,560,569
2014 -- $3,180,000 $1,650,000 $1,530,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16191528

California Regional Multiple Listing Service (CRMLS)

APN: 4377-038-027