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1569 Lindacrest Drive

1569 Lindacrest Drive, Beverly Hills, CA 90210
Property in Beverly Crest
Sold Jun 11, 2021
$3,645,500
$2,000,000 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2051
Sold Jul 24, 2020
$3,300,000
$2,637,600 by Citibank Na
Mortgage Due Aug 01, 2050
1569 Lindacrest Drive in Beverly Hills, CA was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 1968. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 1569 Lindacrest Drive has 3,335 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 750. In total, the area measurement of the land is 6,387 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of gravel/rock. Water for the property is sourced from a municipal system. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 17, 2021 for $3,645,500. That's $1,093.10 per sqft. Prior to that sales transaction, the property was also sold in Jul 15, 2020 for $3,300,000. 1569 Lindacrest Drive was last assessed in 2023. The total value of the property was assessed at $2,508,690. Specifically, the land the property is located on was valued at $1,688,133. While improvements on the property were assessed at a total of $820,557. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $39,903. The initial tax year of delinquency was in 2021. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,387
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,335
  • Building Area: 3,335
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,335
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 8450
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 8450 LOT COM AT MOST N COR OF LOT 104 TH SE TO A PT SW ON SE LINE OF SD LOT 16.94 FT FROM MOST E COR OF SD LOT TH SW AND FOLLOWING BDRY LINE OF SD LOT TO BEG PART OF LOT/SEC 104

Ownership

  • Current Owner : HOFER STEPHEN R
  • Previous Owner : PALONEN TYE
  • Previous Owner 2: RAISIN CHANEL
  • Owner Before Previous Owner: ALEXANDER DIANE M
  • Owner Before Previous Owner 2: THE DIANE M ALEXANDER DECLARAT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 261104

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 33-B3
  • Subdivision Tract Number: 8450
  • Parcel: 4352-006-042
  • Lot: 104
  • Municipality: WEST /BEV HILLS NORTH
  • Latitude: 34.0988
  • Longitude: -118.405

    Address

  • Full Address: 1569 Lindacrest Dr
  • Address - House Number: 1569
  • Address - Street Name: Lindacrest
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C022
  • 4-Digit Zip Code: 2521
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,903
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 4,069,284
  • High Value: 5,014,999
  • Low Value: 3,123,568

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Lender: CITY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Dec 20, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 14, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,508,690
  • Assessed Land Value: $1,688,133
  • Assessed Improvements Value: $820,557

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11838710535
  • Current Sale Price: $3,645,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0927694
  • Previous Sale Recording Date: Jul 24, 2020
  • Previous Sale Contract Date: Jul 15, 2020
  • Previous Sale Amount: $3,300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Jul 24, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,637,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 1569 Lindacrest Drive located in?
The 1569 Lindacrest Drive is a located in the neighborhood of Beverly Crest in West Los Angeles, Beverly Hills.
What is the average sales price for listings in 1569 Lindacrest Drive?
The average sales price for units in 1569 Lindacrest Drive is $0 currently.

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