Seller's Agent in 2015
Joseph Babajian
Rodeo Realty
(310) 490-7800
9 in this area
69 Total Sales
677 Nimes Rd Los Angeles, CA 90077
Bel Air NeighborhoodEstimated Value: $6,953,000 - $7,287,000
3
Beds
2
Baths
1,801
Sq Ft
$3,982/Sq Ft
Est. Value
Highlights
- Ocean View
- Attached Guest House
- Den
- Warner Avenue Elementary Rated A
- Midcentury Modern Architecture
- Covered patio or porch
About This Home
As of January 2015This explosive city view property is located through the prestigious East gate in prime lower Bel Air. Offering approx. ¾ of an acre the property is surrounded by some of the most expensive homes in the City. Build your dream home on one of the most distinguished streets & sought after neighborhoods in Los Angeles. Renderings shown here are a concept of what can be built on this site. No plans are currently available. Existing structure is a mid-century surrounded by lush greenery w/ an open floor plan, floor to ceilings windows, 2 bdrms, 2 baths & a den. A separate guest rm & bath plus abundant storage are also featured. A massive entertaining deck with kitchenette & built-in lounge area overlooks head-on views of the city & the verdant grounds. The property is terraced w/ a large flat pad on the lower portion of the site.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $75,763
Year Built
- Built in 1950
Lot Details
- 0.73 Acre Lot
- Property is zoned LARE20
Parking
- Garage
Property Views
- Ocean
- City
Home Design
- Midcentury Modern Architecture
Interior Spaces
- 1,801 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Dining Area
- Den
- Security System Owned
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- Covered patio or porch
- Attached Guest House
Community Details
- Service Entrance
Listing and Financial Details
- Assessor Parcel Number 4362-017-008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2014
Closed on
Nov 21, 2014
Sold by
Shahi Kavian
Bought by
677 Nimes Rd Llc
Seller's Agent
Joseph Babajian
Rodeo Realty
Buyer's Agent
Joseph Babajian
Rodeo Realty
List Price
$5,950,000
Sold Price
$5,250,000
Premium/Discount to List
-$700,000
-11.76%
Total Days on Market
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,921,000
Avg. Annual Appreciation
3.08%
Purchase Details
Closed on
Nov 16, 2004
Sold by
Shahi Kavian and Shahi Parisa
Bought by
Shahi Kavian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
3.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 16, 2001
Sold by
Shahi Kavian and Kavian Shahi Trust
Bought by
Shahi Kavian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,000
Interest Rate
7.12%
Purchase Details
Closed on
Sep 8, 1999
Sold by
Shahi Kavian
Bought by
Shahi Kavian and Kavian Shahi Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
2.95%
Purchase Details
Closed on
Jan 19, 1999
Sold by
Shahi Kavian
Bought by
Shahi Kavian and Kavian Shahi Trust
Purchase Details
Closed on
Jan 8, 1998
Sold by
Shahi Effie
Bought by
Shahi Kavian
Purchase Details
Closed on
Nov 24, 1997
Sold by
Wells Fargo Bank Na
Bought by
Shahi Effie
Purchase Details
Closed on
Feb 13, 1996
Sold by
Backus Audrey
Bought by
Backus Audrey and First Interstate Bank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 677 Nimes Rd Llc | $5,250,000 | Chicago Title Company | |
| Shahi Kavian | -- | Alliance Title | |
| Shahi Kavian | -- | First American Title Co | |
| Shahi Kavian | -- | South Coast Title Company | |
| Shahi Kavian | -- | South Coast Title Company | |
| Shahi Kavian | -- | -- | |
| Shahi Kavian | -- | -- | |
| Shahi Effie | -- | -- | |
| Backus Audrey | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 677 Nimes Rd Llc | $1,000,000 | |
| Open | 677 Nimes Rd Llc | $15,000,000 | |
| Closed | 677 Nimes Rd Llc | $15,000,000 | |
| Closed | 677 Nimes Rd Llc | $11,400,000 | |
| Previous Owner | Shahi Kayian | $1,200,000 | |
| Previous Owner | Shahi Kavian | $1,500,000 | |
| Previous Owner | Shahi Kavian | $592,000 | |
| Previous Owner | Shahi Kavian | $600,000 | |
| Previous Owner | Shahi Kavian | $200,000 | |
| Previous Owner | Shahi Kavian | $942,000 | |
| Previous Owner | Shahi Kavian | $945,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2015 01/14/15 | Sold | $5,250,000 | -11.8% | $2,915 / Sq Ft |
| 11/21/2014 11/21/14 | For Sale | $5,950,000 | 0.0% | $3,304 / Sq Ft |
| 11/20/2014 11/20/14 | Pending | -- | -- | -- |
| 07/30/2014 07/30/14 | For Sale | $5,950,000 | -- | $3,304 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $75,763 | $6,260,421 | $4,986,017 | $1,274,404 |
| 2023 | $74,276 | $6,137,668 | $4,888,252 | $1,249,416 |
| 2022 | $70,819 | $6,017,322 | $4,792,404 | $1,224,918 |
| 2021 | $70,012 | $5,899,336 | $4,698,436 | $1,200,900 |
| 2019 | $67,153 | $5,656,300 | $4,515,991 | $1,140,309 |
| 2018 | $66,988 | $5,545,393 | $4,427,443 | $1,117,950 |
| 2016 | $64,127 | $5,330,061 | $4,255,521 | $1,074,540 |
| 2015 | $19,363 | $1,581,021 | $1,461,454 | $119,567 |
| 2014 | $19,432 | $1,550,052 | $1,432,827 | $117,225 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Babajian
Map
Similar Homes in the area
Source: The MLS
MLS Number: 14-781637
APN: 4362-017-008
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