NOT LISTED FOR SALE

Estimated Value: $6,496,000 - $10,247,905

6 Beds
4 Baths
6,275 Sq Ft
$1,322/Sq Ft Est. Value

Last Sold May 14, 2013

Last sale price $8,200,000 $1,307 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $55,659/month

105 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • 52,179 Sq Ft lot
  • Warner Avenue Elementary Rated A
  • Primary Bedroom Suite
  • Dual Staircase

About This Home

As of May 2013

Gated & private, this beautiful Wallace Neff estate is situated on a rare, breathtaking knoll in prime Bel Air. Approximately 1.25 flat acres (2 contiguous parcels) of verdant grounds, with spectacular views from downtown to Catalina. Enter through the grand, light-filled foyer. Spacious public rooms include formal living and dining rooms, library, & family room with high ceilings, and beautiful arch. detailing. French doors open to the loggia & outdoor spaces, perfect for indoor/outdoor living & grand scale entertaining. The over-sized kitchen includes a center island & breakfast area. A dramatic curved staircase leads to the 2nd floor which houses 5 large bedrooms, inc. the master suite with sitting area, dual dressing rooms. Extraordinary grounds with pool, lawns, mature trees and gardens designed by noted landscape architect , the late Robert M. Fletcher. Also included is an unfinished basement & huge bonus room.1st time on the market since it was built by Mr. Neff for owners.

Last Listed By

Darcy Kaye

Sotheby's International Realty License #01322432 Listed on: 10/12/2012

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113,284

Year Built

  • Built in 1963

Lot Details

  • 1.2 Acre Lot
  • Gated Home
  • Chain Link Fence
  • Secluded Lot
  • Irregular Lot
  • Sprinklers Throughout Yard
  • Lawn
  • Back Yard
  • Property is zoned LARE20

Parking

  • 3 Car Detached Garage
  • 15 Open Parking Spaces
  • Side by Side Parking

Property Views

  • Ocean
  • City Lights

Home Design

  • French Architecture
  • Fixer Upper
  • Raised Foundation
  • Unfinished Walls
  • Slate Roof
  • Stucco

Interior Spaces

  • 6,275 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library with Fireplace
  • Bonus Room
  • Center Hall
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • Powder Room
  • 4 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Home Security

  • Security System Leased
  • Intercom

Outdoor Features

  • Heated In Ground Pool
  • Covered patio or porch

Utilities

  • Floor Furnace
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4369-009-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$113,284

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: French Normandy
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Entry Location: Ground Level w/steps
  • Exclusions: Call Listing Agent
  • Living Area: 6275
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Basement, Built-Ins, Crown Moldings, High Ceilings (9 Feet+), Storage Space, Unfinished Walls, Wainscotting
  • Fireplace Rooms: Gas, Library, Living Room, Wood Burning
  • Flooring: Carpet, Marble, Vinyl
  • Appliances: Built-In Electric, Cooktop - Electric, Double Oven, Electric, Oven-Electric
  • Bedrooms: 6
  • Bedroom Features: Master Suite
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Low Flow Toilet(s), Powder Room, Shower Over Tub, Shower Stall
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Formal Dining Rm, In Kitchen, Kitchen Island
  • Kitchen Features: Laminate Counters
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Central Vacuum, Dishwasher, Garbage Disposal, Hood Fan, Intercom, Range/Oven
  • Price Per S Q F T: 1354.58

Exterior Features

  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Chain Link
  • Patio: Covered Porch, Patio Open, Porch
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Slate
  • Spa Yn: No
  • View: City Lights, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 15
  • Parking Garage: Detached, Private Garage, Side By Side

Utilities

  • Heating: Floor Furnace
  • Security: Gated, Leased
  • Sewer: In Street

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Front, Manual, Rear, Side, Sprinkler System
  • Assessor Parcel Number: 4369-009-003
  • Lot Description: 2-4 Lots, Back Yard, Lawn, Lot Shape-Irregular, Secluded
  • Lot Size Area: 52179

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2013
Sold by
Fletcher Patricia S
Bought by
Cashew Hill Llc
Total Days on Market
105
Current Estimated Value
$8,296,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,330,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Cashew Hill Llc $8,200,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cashew Hill Llc $5,330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2013 05/14/13 Sold $8,200,000 -3.5% $1,307 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $8,500,000 -- $1,355 / 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
2024 $113,284 $7,907,694 $6,519,325 $1,388,369
2023 $111,046 $7,752,643 $6,391,496 $1,361,147
2022 $90,440 $7,600,631 $6,266,173 $1,334,458
2021 $88,600 $7,451,600 $6,143,307 $1,308,293
2020 $90,113 $7,375,194 $6,080,315 $1,294,879
2019 $85,860 $7,230,584 $5,961,094 $1,269,490
2018 $85,520 $7,088,809 $5,844,210 $1,244,599
2016 $81,813 $6,813,544 $5,617,273 $1,196,271
2015 $80,603 $6,711,199 $5,532,897 $1,178,302
2014 $80,827 $6,579,737 $5,424,516 $1,155,221
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 12-629777

The MLS

APN: 4369-009-003