NOT LISTED FOR SALE

Estimated Value: $7,420,000 - $13,206,471

6 Beds
9 Baths
8,500 Sq Ft
$1,160/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $13,700,000 $1,612 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $69,523/month

66 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • In Ground Pool
  • Wine Cellar
  • New Construction
  • Fireplace in Primary Bedroom

About This Home

As of February 2021

Stunning Upper Riviera dream home set for completion by December 2020, this Ken Ungar-designed transitional is minutes away from the Palisades Village and Brentwood in the west sides most prestigious neighborhood. Ocean views highlight the California lifestyle with indoor-outdoor living in this family home, perfect for entertaining. Pocket doors open the family room to a gorgeous backyard retreat with pool, hot tub, BBQ/bar area and a cozy fireplace patio that will get year-round use. A formal living room, dining room, guest room and office round out the first floor. Take the elevator down to the full basement which features a recreation room, bar, wine cellar, large gym with spa bath and sauna, screening room, full laundry, and a guest room with en suite bath. Upstairs, the large master suite and private sitting room both have balconies with French doors to take full advantage of the view of Santa Monica Bay.

Last Listed By

Andreas Elsenhans

The Beverly Hills Estates License #02007689 Listed on: 11/06/2020

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $175,077

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.33 Acre Lot
  • West Facing Home
  • Gated Home
  • Property is zoned LARE15

Parking

  • 2 Car Garage
  • Uncovered Parking

Property Views

  • Ocean
  • Coastline
  • Park or Greenbelt

Home Design

  • Traditional Architecture

Interior Spaces

  • 8,500 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Entryway
  • Wine Cellar
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Gym
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4425-022-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$175,077

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Broker and broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/ dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information. A signed Coronavirus Property Entry Advisory and Declaration (CAR Form PEAD) is required from anyone who will be entering the property. Additionally, strict adherence to CDC guidelines as well as any local ordinance mandating the use of protective gear (e.g. masks) is also required.
  • Living Area: 8500
  • Lot Acreage: 0.3320
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2020
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Great Room, Living Room, Master Bedroom
  • Flooring: Tile, Wood
  • Bedrooms: 6
  • Full Bathroom: 7
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area, On Upper Level
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1646.47

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Coastline, Green Belt, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 4
  • Parking Garage: Garage - 2 Car, Uncovered
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4425-022-020
  • Geocode Override: No
  • Lot Description: Fenced
  • Lot Size Area: 14452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Feb 5, 2021
Sold by
1633 Amalfi Dr Llc
Bought by
Schwarz Jason A and Schwarz Jessica L
Seller's Agent
Andreas Elsenhans
The Beverly Hills Estates
Buyer's Agent
Heather Bell
The Agency
List Price
$13,995,000
Sold Price
$13,700,000
Premium/Discount to List
-$295,000
-2.11%
Total Days on Market
66
Current Estimated Value
$9,861,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,838,843
Avg. Annual Appreciation
-7.42%
Original Mortgage
$9,590,000
Outstanding Balance
$8,634,966
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,299,924

Purchase Details

Closed on
Sep 26, 2019
Sold by
Navarre Francois Regis
Bought by
1633 Amalfi Dr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,865,495
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2006
Sold by
Navarre Brandy
Bought by
Navarre Francois Regis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,425,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2001
Sold by
Navarre Brandy Lei
Bought by
Navarre Francois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,737,000
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 12, 2001
Sold by
Harris Anna
Bought by
Winarko Prijono

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,737,000
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 9, 2001
Sold by
Winarko Prijono and Sampoerno Soenarni
Bought by
Navarre Francois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,737,000
Interest Rate
6.63%
Mortgage Type
Construction

Range of Values:

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Average Value
Not Available
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
Schwarz Jason A $13,700,000 Stewart Title Company
1633 Amalfi Dr Llc -- Old Republic Title Company
Navarre Francois Regis -- Equity Title
Navarre Francois -- Equity Title Company
Winarko Prijono -- Equity Title Company
Navarre Francois $1,750,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwarz Jason A $9,590,000
Previous Owner 1633 Amalfi Dr Llc $3,000,000
Previous Owner 1633 Amalfi Drive Llc $1,865,495
Previous Owner 1633 Amalfi Drive Llc $1,657,000
Previous Owner 1633 Amalfi Dr Llc $7,200,000
Previous Owner Navarre Francois Regis $1,200,000
Previous Owner Navarre Francois Regis $500,000
Previous Owner Navarre Francois Regis $4,000,000
Previous Owner Navarre Francois Regis $7,425,000
Previous Owner Navarre Francois $3,000,000
Previous Owner Navarre Francois $2,000,000
Previous Owner Navarre Francois $250,000
Previous Owner Navarre Francois $490,000
Previous Owner Navarre Francois $220,000
Previous Owner Navarre Francois $1,737,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $13,700,000 -2.1% $1,612 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
11/06/2020 11/06/20 For Sale $13,995,000 0.0% $1,646 / Sq Ft
08/12/2016 08/12/16 Rented $17,000 -10.5% --
07/07/2016 07/07/16 For Rent $19,000 -- --
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 $175,077 $14,538,548 $10,187,596 $4,350,952
2023 $171,619 $14,253,480 $9,987,840 $4,265,640
2022 $163,529 $13,974,000 $9,792,000 $4,182,000
2021 $62,605 $5,273,574 $5,253,872 $19,702
2020 $29,147 $2,376,601 $1,904,637 $471,964
2019 $27,986 $2,330,002 $1,867,292 $462,710
2018 $27,810 $2,284,317 $1,830,679 $453,638
2016 $26,604 $2,195,617 $1,759,593 $436,024
2015 $26,214 $2,162,638 $1,733,163 $429,475
2014 $26,289 $2,120,276 $1,699,213 $421,063
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 20-656044

The MLS

APN: 4425-022-020