NOT LISTED FOR SALE

Estimated Value: $7,479,000 - $11,680,781

5 Beds
5.5 Baths
8,000 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $6,850,000 $856 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $57,643/month

155 Days on Market

Highlights

  • In Ground Pool
  • Dual Staircase
  • Fireplace in Primary Bedroom
  • Roscomare Road Elementary Rated A
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of January 2019

Set behind gates in prime Bel Air, this exquisite, custom Mediterranean estate showcases elegant interiors and beautifully landscaped grounds in a private and serene setting. Grand in scale yet warm and inviting in design, formal and informal living spaces are lined with French doors to the lush grounds beyond. An elegant living room with a fireplace, open great room with a fireplace and wet bar, library, maid's quarters, formal dining room and new gourmet chef's kitchen make up the main level. Upstairs holds a media room and four light-filled ensuite bedrooms, including a magnificent master suite with a sitting area, fireplace, showroom closets and opulent marble bath. Studded with mature shade trees and palms, private, resort-like grounds include manicured lawns, a large pool and spa, dog run, water feature and dining pergola with an outdoor fireplace. Complete with Sonos sound, this exceptional home epitomizes elegance and class in the city's most iconic enclave.

Last Listed By

Mauricio Umansky

The Agency License #01222825 Listed on: 06/11/2018

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,622

Year Built

  • Built in 1999

Lot Details

  • 0.93 Acre Lot
  • Gated Home
  • Property is zoned LARE20

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 8,000 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Bar
  • High Ceiling
  • Entryway
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Pool Views
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Fireplace in Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4369-037-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,622

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 8000
  • Stories: 2
  • Year Built: 1999
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Bar, Bidet, Built-Ins, High Ceilings (9 Feet+), Turnkey
  • Fireplace Rooms: Bath, Family Room, Library, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood, Mixed, Stone
  • Appliances: Built-Ins, Oven, Range Hood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, Master Retreat, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Powder Room, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Kitchen Island
  • Kitchen Features: Island, Remodeled
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 936.88

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Attached, Auto Driveway Gate, Garage, Garage - 3 Car, Garage Is Attached
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4369-037-010
  • Geocode Override: No
  • Lot Size Area: 40641

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Dec 27, 2018
Sold by
Elattrache Neal S and Elattrache Tricia
Bought by
Owen Vance
Seller's Agent
Mauricio Umansky
The Agency
Buyer's Agent
Alejandro Aldrete
The Agency
List Price
$7,495,000
Sold Price
$6,850,000
Premium/Discount to List
-$645,000
-8.61%
Total Days on Market
155
Current Estimated Value
$8,974,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,124,695
Avg. Annual Appreciation
3.96%
Original Mortgage
$5,000,000
Outstanding Balance
$4,383,571
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,344,690

Purchase Details

Listed on
Jun 11, 2018
Closed on
Dec 20, 2018
Sold by
Owen Shana
Bought by
Owen Vance
Seller's Agent
Mauricio Umansky
The Agency
Buyer's Agent
Alejandro Aldrete
The Agency
List Price
$7,495,000
Sold Price
$6,850,000
Premium/Discount to List
-$645,000
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,383,571
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,344,690

Purchase Details

Closed on
Dec 7, 2015
Sold by
Elattrache Neal and Elattrache Tricia
Bought by
Elattrache Trust

Purchase Details

Closed on
Mar 18, 2003
Sold by
Kim Stewart and Kim Mimi
Bought by
Elattrache Neal and Elattrache Tricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1999
Sold by
Cho Jae Sung
Bought by
Kim Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 4, 1999
Sold by
Kim Stewart and Kim Mimi
Bought by
Kim Stewart and Kim Mimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 5, 1999
Sold by
Martin Rod and Martin Elsa
Bought by
Kim Stewart and Kim Mimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 1997
Sold by
Beverly Hills Estates Construction Corp
Bought by
Martin Rod and Martin Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.9%

Purchase Details

Closed on
Mar 6, 1997
Sold by
Stepp F M and Stepp Adele K
Bought by
Beverly Hills Estates Construction Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.9%

Purchase Details

Closed on
May 18, 1996
Sold by
Messina Joseph M and Messina Florence F
Bought by
Stepp F M and Stepp Adele K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.96%

Purchase Details

Closed on
Aug 4, 1995
Sold by
Konnerth Evelyn
Bought by
Konnerth Herman and Konnerth Evelyn E

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
Owen Vance $6,850,000 Fidelity National Title Comp
Owen Vance -- Fidelity National Title Comp
Elattrache Trust -- None Available
Elattrache Neal $3,250,000 Southland Title
Kim Stewart -- Southland Title
Kim Sarah -- Progressive Title Company
Kim Stewart -- Progressive Title Company
Kim Stewart -- Progressive Title Company
Martin Rod $620,000 Progressive Title Company
Beverly Hills Estates Construction Corp -- --
Stepp F M $258,500 Chicago Title
Konnerth Herman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen Vance $5,000,000
Previous Owner Elattrache Neal $100,000
Previous Owner Elattrache Neal $2,100,000
Previous Owner Kim Sarah $1,350,000
Previous Owner Kim Stewart $1,100,000
Previous Owner Martin Rod $1,500,000
Previous Owner Martin Rod $1,160,000
Previous Owner Martin Rod $310,000
Previous Owner Stepp F M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $6,850,000 -8.6% $856 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $7,495,000 -- $937 / 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 $90,622 $7,491,472 $6,999,333 $492,139
2023 $88,842 $7,344,582 $6,862,092 $482,490
2022 $84,698 $7,200,572 $6,727,542 $473,030
2021 $83,705 $7,059,385 $6,595,630 $463,755
2019 $31,460 $4,219,648 $3,375,723 $843,925
2018 $50,031 $4,136,911 $3,309,533 $827,378
2016 $47,854 $3,976,271 $3,181,021 $795,250
2015 $47,148 $3,916,545 $3,133,240 $783,305
2014 $47,286 $3,839,827 $3,071,865 $767,962
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 18-352790

The MLS

APN: 4369-037-010