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224 South Wetherly Drive

224 South Wetherly Drive, Beverly Hills, CA 90211
Property in Beverly Hills
Sold May 29, 2015
$3,490,000
Sold Sep 08, 2006
$2,450,000
$1,100,000 by Union Bank Of California Na
Mortgage Due Sep 01, 2036
224 South Wetherly Drive in Beverly Hills, CA was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 224 South Wetherly Drive has 4,014 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 500 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 5,948 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. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 224 South Wetherly Drive sold most recently in May 12, 2015 for a total of $3,490,000. If you work out the math, that's approximately a cost of $869.46 per sqft. Before that, the property was also sold for $2,450,000 in Aug 29, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $47,311 in taxes each year. 224 South Wetherly Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,031,574. If we break it down further, the land itself was valued at $2,278,476. Improvements to the property, however, were assessed at a total of $1,753,098. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,948
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,014
  • Building Area: 4,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6380
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6380 EX OF ALLEY LOT/SEC 658

Ownership

  • Current Owner : WONSIK CHO
  • Current Owner 2: HYUNJEE LEE REVOCABLE LIVIN
  • Previous Owner : RICHMOND DAVID
  • Owner Before Previous Owner: ASHKANAZI AVI
  • Owner Before Previous Owner 2: ASHKANAZI KAREN
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700901

Zoning

  • Zoning: BHR1*

Geography

  • Assessors Map Reference: 42-D1
  • Subdivision Tract Number: 6380
  • Parcel: 4331-027-032
  • Lot: 658
  • Municipality: WEST /BEV HILLS SOUTH
  • Latitude: 34.064
  • Longitude: -118.388

    Address

  • Full Address: 224 S Wetherly Dr
  • Address - House Number: 224
  • Street Direction: S
  • Address - Street Name: Wetherly
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C074
  • 4-Digit Zip Code: 2516
  • Zip Code: 90211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,311
  • Tax Rate Code Area: 02-410

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 5,048,162
  • High Value: 6,230,697
  • Low Value: 3,865,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,031,574
  • Assessed Land Value: $2,278,476
  • Assessed Improvements Value: $1,753,098

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2015
  • Current Sale Recording Date: May 29, 2015
  • Current Sale Transaction ID: 1225905249
  • Current Sale Price: $3,490,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0624868
  • Previous Sale Recording Date: Sep 08, 2006
  • Previous Sale Contract Date: Aug 29, 2006
  • Previous Sale Amount: $2,450,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK OF CALIFORNIA NA
  • Previous Mortgage Transaction Date: Sep 08, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2036

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Frequently Asked Questions

What neighborhood is 224 South Wetherly Drive located in?
The 224 South Wetherly Drive is a located in the neighborhood of Beverly Hills in Beverly Hills, Beverly Hills.
What is the average sales price for listings in 224 South Wetherly Drive?
The average sales price for units in 224 South Wetherly Drive is $0 currently.

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