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315 North Wetherly Drive

315 North Wetherly Drive, Beverly Hills, CA 90211
Sold Aug 01, 2019
$2,500,000
$1,858,000 by Us Bank Na
Mortgage Due Aug 01, 2049
Sold Apr 30, 2008
$1,570,000
$1,000,000 by Bank Of America Na
Mortgage Due May 01, 2038
Local assessors in Beverly Hills, CA have categorized 315 North Wetherly Drive as a residential type of property. The home was built in 1934 and is 90 years old. It was most recently renovated and altered in 1938. The property's lot size has been calculated to be 5,718 square feet. The linear feet between the front and back of the lot was measured at 1,140 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 315 North Wetherly Drive has a total of 1,887 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C. The building has a flat style roof that was made of gravel/rock. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 315 North Wetherly Drive sold most recently in Jul 1, 2019 for a total of $2,500,000. If you work out the math, that's approximately a cost of $1,324.85 per sqft. Before that, the property was also sold for $1,570,000 in Apr 11, 2008. 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 $30,907 in taxes each year. 315 North Wetherly Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,627,944. If we break it down further, the land itself was valued at $2,102,356. Improvements to the property, however, were assessed at a total of $525,588. 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.

Building Features

Parking

Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,718
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,887
  • Building Area: 1,887
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,887
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7005
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7005 LOT/SEC 321

Ownership

  • Current Owner : MOTAVASSEL NOUSHIN
  • Current Owner 2: MAGEN BAYIT TRUST
  • Previous Owner : NIKRAVESH DALIA
  • Previous Owner 2: NIKRAVESH PAYAM
  • Owner Before Previous Owner: OKUM SUSAN
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700802

Zoning

  • Zoning: BHR1YY

Geography

  • Assessors Map Reference: 33-D6
  • Subdivision Tract Number: 7005
  • Parcel: 4335-018-022
  • Lot: 321
  • Municipality: WEST /BEV HILLS SOUTH
  • Latitude: 34.0713
  • Longitude: -118.389

    Address

  • Full Address: 315 N Wetherly Dr
  • Address - House Number: 315
  • Street Direction: N
  • Address - Street Name: Wetherly
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C075
  • 4-Digit Zip Code: 1625
  • Zip Code: 90211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,907
  • Tax Rate Code Area: 02-410

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 2,895,939
  • High Value: 3,570,267
  • Low Value: 2,221,612

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,858,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Aug 01, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,858,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,627,944
  • Assessed Land Value: $2,102,356
  • Assessed Improvements Value: $525,588

    Sales

  • Current Sale Contract Date: Jul 01, 2019
  • Current Sale Recording Date: Aug 01, 2019
  • Current Sale Transaction ID: 11628508452
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0765219
  • Previous Sale Recording Date: Apr 30, 2008
  • Previous Sale Contract Date: Apr 11, 2008
  • Previous Sale Amount: $1,570,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Aug 01, 2019
  • First Mortgage Loan Amount: $1,858,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Apr 30, 2008
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2038

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Frequently Asked Questions

What neighborhood is 315 North Wetherly Drive located in?
The 315 North Wetherly Drive is a house located in the neighborhood of Beverly Hills in Beverly Hills, Beverly Hills.
What is the average sales price for listings in 315 North Wetherly Drive?
The average sales price for units in 315 North Wetherly Drive is $0 currently.

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