NOT LISTED FOR SALE

Estimated Value: $5,552,000

9 Beds
11 Baths
8,628 Sq Ft
$643/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $36,500,000 $4,230 Per Sq Ft

Current estimated payment $34,670/month

203 Days on Market

Highlights

  • Art Studio
  • Projection Room
  • Sauna
  • Beverly Hills High School Rated A
  • Cabana
  • City Lights View

About This Home

As of May 2012

Located in an extremely private and prime section on its own street in the City of Beverly Hills, behind gates, on over 3 acres. This incredible Modern Compound features an approximate 9,200 sf main house, plus two guest houses/studios (with a total of approximately 15,000 sf), and another full separate 3 bedroom house, which can function as a additional guest house for the estate or a separate home office. The property features every conceivable amenity and state-of the-art security, all constructed with the finest level of taste, quality, and craftsmanship. The estate features incredible grounds, gardens, and spectacular city views overlooking the Los Angeles Basin. A once in a lifetime opportunity to acquire a World Class estate.

Last Agent to Sell the Property

Kurt Rappaport

Westside Estate Agency Inc. License #01036061 Listed on: 10/03/2011

Westside Estate Agency Inc.

Last Buyer's Agent

Kurt Rappaport

Westside Estate Agency Inc. License #01036061 Listed on: 10/03/2011

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $404,738

Year Built

  • Built in 1963

Lot Details

  • 2.87 Acre Lot
  • Gated Home
  • Property is zoned BHR1*

Parking

  • Garage

Home Design

  • Modern Architecture
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Bar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Projection Room
  • Home Theater
  • Den with Fireplace
  • Library
  • Bonus Room
  • Art Studio
  • Sauna
  • Home Gym
  • City Lights Views
  • Intercom
  • Laundry Room

Kitchen

  • Breakfast Room
  • Oven or Range
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 11 Bathrooms

Pool

  • Cabana
  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Additional Homes

  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Sewer in Street
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 4350-019-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$404,738

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: No
  • Additional Assessor Parcel Numbers: Yes
  • Stories: 1
  • Year Built: 1963
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Dining, Exterior, Family Room, Guest House, Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Stone
  • Bedrooms: 9
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 11.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Garbage Disposal, Intercom, Range/Oven, Refrigerator, Satellite, Trash Compactor, Water Purifier

Exterior Features

  • Tennis Court: Room For
  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Roof: Composition, Metal
  • Spa: Private
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4350-019-013
  • Lot Size Area: 124960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Maritime Residence Llc
Bought by
Soat51 Llc
Current Estimated Value
$5,552,000

Purchase Details

Closed on
Dec 11, 2018
Sold by
Refold Jeff and Marie Trust
Bought by
Maritime Residence Llc

Purchase Details

Listed on
Oct 3, 2011
Closed on
May 14, 2012
Sold by
The Toucan Trust
Bought by
Refold Jeff and The Marie Trust
Seller's Agent
Kurt Rappaport
Westside Estate Agency Inc.
Buyer's Agent
Kurt Rappaport
Westside Estate Agency Inc.
List Price
$49,000,000
Sold Price
$36,500,000
Premium/Discount to List
-$12,500,000
-25.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.07%

Purchase Details

Closed on
Sep 4, 2007
Sold by
Stern Michael and The Chicago Son Trust
Bought by
Neuman Harley and The Toucan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2004
Sold by
Herman Jerry and The Jerry Herman Intervivos Tr
Bought by
Stern Michael and The Chicago Son Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,770,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2000
Sold by
Cas Llc
Bought by
Herman Jerry and Jerry Herman Intervivos Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.81%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 24, 2000
Sold by
Snow Cheryl Anne
Bought by
Cas Llc

Purchase Details

Closed on
Mar 8, 1999
Sold by
Trust Snow Russell K Jr J Tr Snow Family and Snow Cheryl Anne
Bought by
Snow Cheryl Anne and The Cheryl Anne Snow Living Tr

Purchase Details

Closed on
Dec 9, 1993
Sold by
Collins Joan and The Joan Collins Personal Trus
Bought by
Snow Russell K and Snow Cheryl Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Interest Rate
6.25%
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
Soat51 Llc $51,000,000 First American Title Company O
Maritime Residence Llc -- None Available
Refold Jeff $36,500,365 Equity Title Company
Neuman Harley -- Chicago Title Co
Stern Michael $5,800,000 Stewart Title
Herman Jerry -- First American Title Co
Cas Llc -- --
Snow Cheryl Anne -- --
Snow Cheryl Anne -- --
Snow Russell K $1,850,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neuman Harley $10,000,000
Previous Owner Stern Michael $3,770,000
Previous Owner Herman Jerry $2,500,000
Previous Owner Snow Russell K $1,010,000
Closed Stern Michael $870,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2012 05/16/12 Sold $36,500,000 0.0% $4,230 / Sq Ft
12/20/2011 12/20/11 Off Market $36,500,000 -- --
10/03/2011 10/03/11 For Sale $49,000,000 -- $5,679 / 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 $404,738 $34,333,200 $26,010,000 $8,323,200
2024 $404,738 $33,660,000 $25,500,000 $8,160,000
2023 $397,374 $33,000,000 $25,000,000 $8,000,000
2022 $351,113 $29,424,564 $20,121,384 $9,303,180
2021 $340,999 $28,847,613 $19,726,848 $9,120,765
2019 $331,143 $27,991,979 $19,141,740 $8,850,239
2018 $318,485 $27,443,117 $18,766,412 $8,676,705
2016 $305,982 $26,377,470 $18,037,691 $8,339,779
2015 $292,840 $25,981,257 $17,766,749 $8,214,508
2014 $282,897 $25,472,321 $17,418,723 $8,053,598
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 11-557901

The MLS

APN: 4350-019-013