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2700 Bowmont Drive

2700 Bowmont Drive, Beverly Hills, CA 90210
Property in Beverly Crest
Sold Jul 20, 2006
Transfer
$8,800,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2050
Sold Oct 01, 1999
Transfer
$6,230,000 by Norwest Mtg
Mortgage Due Oct 01, 2029
Local assessors in Beverly Hills, CA have categorized 2700 Bowmont Drive as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 100,547 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 7 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 7 full bathrooms. There are also 7 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2700 Bowmont Drive has a total of 13,384 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $244,738 in taxes each year. 2700 Bowmont Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,248,135. If we break it down further, the land itself was valued at $15,453,193. Improvements to the property, however, were assessed at a total of $5,794,942. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: E
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 100,547
  • Total Building Area: 13,384
  • Building Area: 13,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 13,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.308
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR OF LOT 1 SEC 1 T1S R15W

Ownership

  • Current Owner : CHANG DO WON
  • Previous Owner : LORSCH ROBERT H
  • Previous Owner 2: THE 1997 ROBERT H LORSCH FAMIL
  • Owner Before Previous Owner: EMERALD STAR INVESTMENTS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 261103

Zoning

  • Zoning: LARE40

Geography

  • Parcel: 4388-012-066
  • Lot: 1
  • Meridian: SEC 01 TWN 01S RNG 15W
  • Municipality: WEST /COLDWATER CYN
  • Latitude: 34.1184
  • Longitude: -118.397

    Address

  • Full Address: 2700 Bowmont Dr
  • Address - House Number: 2700
  • Address - Street Name: Bowmont
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C064
  • 4-Digit Zip Code: 1817
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $244,738
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,900,297
  • High Value: 4,763,354
  • Low Value: 3,037,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,800,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 08, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $8,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,248,135
  • Assessed Land Value: $15,453,193
  • Assessed Improvements Value: $5,794,942

    Sales

  • Current Sale Contract Date: Jul 05, 2006
  • Current Sale Recording Date: Jul 20, 2006
  • Current Sale Transaction ID: 1029125851
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-1597143
  • Previous Sale Recording Date: Oct 01, 1999
  • Previous Sale Contract Date: Sep 15, 1999
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Oct 01, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $6,230,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2029

About West Los Angeles



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Nearby Rentals

Unit for rent at

$10,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,872 ft²
Listing by Daniel Karp

Frequently Asked Questions

What neighborhood is 2700 Bowmont Drive located in?
The 2700 Bowmont 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 2700 Bowmont Drive?
The average sales price for units in 2700 Bowmont Drive is $0 currently.

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