NOT LISTED FOR SALE

Estimated Value: $4,952,000 - $5,203,000

5 Beds
5.5 Baths
4,936 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $3,400,000 $689 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $31,152/month

86 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Contemporary Architecture
  • Overland Avenue Elementary School Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of July 2020

This elegant gem sits on a foothill in the heart of Cheviot Hills. Capture the opportunity of making this, 5 bedroom + 6 bathroom work of art, your home. The modern open floor plan, combined with almost 5,000 sqft. of living space, creates a spacious environment for your family to enjoy. The 11,275 sqft. lot offers a large backyard with a heated pool ready for any season. The multiple seating areas are decorated with gorgeous landscape, and a beautiful living wall. The barbecue area is located next to the pool, and is ready for your next family cookout. With a master bedroom on each floor, and en-suite bathrooms in the bedrooms, this home is well equipped to accommodate a large family's needs. With new COVID concerns "mud rooms" are essential. The mud room is now being used as a sterile room. Extra precautions are being taken. You will be provided with additional safety instructions prior to entering the property. We care about your well being, please do the same for everyone else.

Last Agent to Sell the Property

Andres Andy Guzman

Sunset Group Realty License #01480945 Listed on: 04/11/2020

Last Buyer's Agent

Craig Miller

Wilshire Advisory Group, Inc License #01006713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,012

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,936 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom

Parking

  • 5 Open Parking Spaces
  • Automatic Gate

Pool

  • In Ground Pool
  • Spa
  • Gas Heated Pool

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4308-003-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,012

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Advertising Remarks: This elegant gem sits on a foothill in the heart of Cheviot Hills. Capture the opportunity of making this, 5 bedroom + 6 bathroom work of art, your home. The modern open floor plan, combined with almost 5,000 sqft. of living space, creates a spacious environment for your family to enjoy. The 11,275 sqft. lot offers a large backyard with a heated pool ready for any season. The multiple seating areas are decorated with gorgeous landscape, and a beautiful living wall. The barbecue area is located next to the pool, and is ready for your next family cookout. With a master bedroom on each floor, and en-suite bathrooms in the bedrooms, this home is well equipped to accommodate a large family's needs. With new COVID concerns "mud rooms" are essential. The mud room is now being used as a sterile room. Extra precautions are being taken. You will be provided with additional safety instructions prior to entering the property. We care about your well being, please do the same for everyone else.
  • Living Area: 4936
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Flooring: Wood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 688.82

Exterior Features

  • Other Structures: Other
  • Pool Description: Heated with Gas
  • Pool: Yes
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Auto Driveway Gate, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4308-003-005
  • Geocode Override: No
  • Lot Size Area: 11275

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Jun 15, 2020
Sold by
Simon Adler Investments Llc
Bought by
Shabason Mark Beryl and Shabason Melissa Bovill
Seller's Agent
Andres Andy Guzman
Sunset Group Realty
Buyer's Agent
Craig Miller
Wilshire Advisory Group, Inc
List Price
$3,400,000
Sold Price
$3,400,000
Current Estimated Value
$5,019,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,619,855
Avg. Annual Appreciation
8.19%
Original Mortgage
$3,298,000
Outstanding Balance
$2,936,307
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,123,156

Purchase Details

Closed on
Oct 19, 2016
Sold by
Williams Richard T and Williams Carole K
Bought by
Simon Adler Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2011
Sold by
Williams Richard T and Williams Carole K
Bought by
Williams Richard T and Williams Carole K

Purchase Details

Closed on
Dec 31, 1993
Sold by
Williams Richard T
Bought by
Williams Richard T and Williams Carole K
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
Shabason Mark Beryl $3,400,000 First American Title Company
Simon Adler Investments Llc $2,650,000 Equity Title
Williams Richard T -- None Available
Williams Richard T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shabason Mark Beryl $3,298,000
Previous Owner Simon Adler Investments Llc $2,775,875
Previous Owner Simon Adler Investments Llc $2,480,000
Previous Owner Williams Richard T $2,000,000
Previous Owner Williams Richard T $417,000
Previous Owner Williams Richard T $729,750
Previous Owner Williams Richard T $800,000
Previous Owner Williams Richard T $250,000
Previous Owner Williams Richard T $785,000
Previous Owner Williams Richard T $100,000
Previous Owner Williams Richard T $135,000
Previous Owner Williams Richard T $784,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $3,400,000 0.0% $689 / Sq Ft
07/08/2020 07/08/20 For Sale $3,400,000 0.0% $689 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/16/2020 06/16/20 Off Market $3,400,000 -- --
05/15/2020 05/15/20 Price Changed $3,400,000 -10.5% $689 / Sq Ft
04/11/2020 04/11/20 For Sale $3,800,000 +43.4% $770 / Sq Ft
01/12/2017 01/12/17 Sold $2,650,000 0.0% $537 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/28/2016 09/28/16 Price Changed $2,649,000 -7.0% $537 / Sq Ft
08/24/2016 08/24/16 Price Changed $2,849,000 -11.0% $577 / Sq Ft
08/15/2016 08/15/16 Price Changed $3,200,000 -4.0% $648 / Sq Ft
07/28/2016 07/28/16 For Sale $3,335,000 -- $676 / 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 $44,012 $3,680,268 $2,576,188 $1,104,080
2024 $44,012 $3,608,107 $2,525,675 $1,082,432
2023 $43,156 $3,537,360 $2,476,152 $1,061,208
2022 $41,145 $3,468,000 $2,427,600 $1,040,400
2021 $40,641 $3,400,000 $2,380,000 $1,020,000
2020 $34,428 $2,812,200 $2,085,273 $726,927
2019 $33,054 $2,757,060 $2,044,386 $712,674
2018 $32,835 $2,703,000 $2,004,300 $698,700
2016 $5,811 $458,317 $121,602 $336,715
2015 $5,730 $451,434 $119,776 $331,658
2014 $5,757 $442,592 $117,430 $325,162
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 20-570466

The MLS

APN: 4308-003-005