See Home Value
$4,026,825*
House - Off Market

241 South WETHERLY Drive

Beverly Hills, CA 90211
bedrooms
3 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
1850 Sqft
$2,430,000 - $2,970,000
Reference Base Price*
49.14%
Since Sep 1, 2018
CA-Los Angeles
Primary Model
Sold Apr 03, 2020
$3,075,000
$2,460,000 by Bank Of America Na
Mortgage Due Apr 01, 2035
Sold Aug 24, 2018
$2,650,000

About This Property

*** Call for showings. *** Spanish Revival beauty in the heart of Beverly Hills. Bright and airy, this 1920s home has been meticulously renovated from the foundation up. Dramatic vaulted ceilings and beams in the living room, hardwood flooring throughout, and double pane windows and french doors pour light into each space in the home. The lovely terracotta tiled patio is perfect for soaking in the sunshine and entertaining guests. Gourmet kitchen with all brand new Viking appliances, and white marble backsplash and countertops make this state-of-the-art kitchen ideal for cooking and gathering. Each bedroom features its own full bathrooms with tubs. The master suite and bath is stunning with its statement roman tub. Spacious and inviting, the backyard features the original vintage brick fireplace, and leads to the charming back guest unit. This cozy unit includes its own fully renovated bathroom and large windows. The driveway alongside the house leads to the large two car garage. Driveway can easily park multiple cars. Located on Wetherly, this home is perfectly situated within walking distance to famous shops and restaurants, top private and public schools, family parks, and yet the neighborhood is quiet and private. Every detail of this homes renovation has been completed to code and with permits with the city of Beverly Hills, and has passed all inspections.

The manager has listed the unit size as 1850 square feet.
Unit Size
1,850Ft²
Days on Market
-
Land Size
6,348.00 acres
Price per sqft
$1,459
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926

Price History

Date / Event Date Event Price
Apr 3, 2020 Sold to Michelle Shipp, Robert Shipp $3,075,000
Sold to Michelle Shipp, Robert Shipp
Aug 23, 2018 No longer available -
No longer available
Aug 13, 2018 Price Decreased $2,700,000
↓ $195K (6.7%)
Price Decreased
Jul 16, 2018 Price Increased $2,895,000
↑ $195K (7.2%)
Price Increased
May 15, 2018 Listed $2,700,000
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,348
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,186
  • Building Area: 2,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,186
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6380
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6380 LOT/SEC 700

Ownership

  • Current Owner : SHIPP ROBERT
  • Current Owner 2: SHIPP MICHELLE
  • Previous Owner : HELLER SANDRA M
  • Previous Owner 2: SANDRA HELLER LIVING TRUST
  • Owner Before Previous Owner: WALSH CHANIDA
  • Ownership Rights Codes: Community Property

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: 4331-024-011
  • Lot: 700
  • Municipality: WEST /BEV HILLS SOUTH
  • Latitude: 34.0635
  • Longitude: -118.389

    Address

  • Full Address: 241 S Wetherly Dr
  • Address - House Number: 241
  • Street Direction: S
  • Address - Street Name: Wetherly
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C074
  • 4-Digit Zip Code: 2515
  • Zip Code: 90211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,004
  • Tax Rate Code Area: 02-410

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,076,838
  • High Value: 3,779,557
  • Low Value: 2,374,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,460,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 03, 2020
  • First Open Lien Mortgage Loan Amount: $2,460,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,232,371
  • Assessed Land Value: $2,560,354
  • Assessed Improvements Value: $672,017

    Sales

  • Current Sale Contract Date: Feb 25, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Transaction ID: 11753789848
  • Current Sale Price: $3,075,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0382285
  • Previous Sale Recording Date: Aug 24, 2018
  • Previous Sale Contract Date: Aug 16, 2018
  • Previous Sale Amount: $2,650,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 03, 2020
  • First Mortgage Loan Amount: $2,460,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,606 ft²
$1,985/ft²
$3,188,000 May 12, 2022
-
-
House
3 Beds
3.5 Baths
2,588 ft²
$964/ft²
$2,495,000 Jan 18, 2023
-
-
House
2 Beds
2 Baths
1,988 ft²
$1,509/ft²
$2,999,000 Mar 7, 2022
-
-
Condo
2 Beds
3 Baths
2,850 ft²
$911/ft²
$2,595,000 Feb 10, 2023
-
$2,650/mo
Multifamily
4 Beds
-
-
$2,295,000 Jan 23, 2023
-
-
Multifamily
8 Beds
-
-
$2,795,000 Jan 19, 2023
-
-

About Beverly Hills


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Frequently Asked Questions

When was property at 241 South Wetherly Drive built and last sold?
The property at 241 South Wetherly Drive was built in 1926 and last sold on Feb 25, 2020 for $3,075,000.
How much is this home worth?
The estimated value of the home located at 241 South Wetherly Drive is $2,781,851.
What are some comparable homes to 241 South Wetherly Drive?
There are currently no comparable homes to 241 South Wetherly Drive.

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