See Home Value
$17,954,641*
House - Off Market

535 Chalette DR

BEVERLY HILLS, CA 90210
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
7575 Sqft
$14,396,000 - $17,594,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Oct 04, 2021
$15,000,000
$10,500,000 by Citibank Na
Mortgage Due Nov 01, 2051
Sold Nov 09, 1994
$1,470,500
$1,029,100 by Home Savings Of America
Mortgage Due Nov 15, 2024

About This Property

World class Trousdale Estates compound with unparalleled scale, design, and usability. Showcasing explosive views throughout the ~7,600 square feet of living space all on one level, 535 Chalette Dr features every modern amenity one could desire- 5 bedrooms, 7 bathrooms, several quintessential living spaces, a chef's kitchen, formal and informal dining, bar, theatre, gym, and office. Floor to ceiling glass doors from each room vanish offering LA's finest indoor/outdoor flow. The expansive master suite with a sitting room, fireplace, custom dual walk-in closets, and a stone-filled luxurious bathroom boasts city views through the wall of glass that slides open to the backyard. Sensational and sleek backyard with a state-of-the-art kitchen, raised edge infinity pool, spa, fire feature, dining area and lounge space. Designed to elevate the art of living and entertaining, the home is fully operated and secured by smart systems.

The manager has listed the unit size as 7575 square feet.
Unit Size
7,575Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$2,112
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Oct 4, 2021 Sold to Eric Wedel, Kristen Wedel $15,000,000
Sold to Eric Wedel, Kristen Wedel
Sep 26, 2021 In contract -
In contract
Apr 30, 2021 Listed $15,995,000
Listed

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 21
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Condition: Excellent
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • 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: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,078
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 7,032
  • Building Area: 7,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,032
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 24484
  • Land Acres: 0.461
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 24484 LOT/SEC 6

Ownership

  • Current Owner : WEDEL ERIC
  • Current Owner 2: WEDEL KRISTEN
  • Previous Owner : 535 CHALETTE DRIVE LLC
  • Owner Before Previous Owner: STRICK STANLEY ARTHUR
  • Owner Before Previous Owner 2: STRICK SHARON LOIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700600

Zoning

  • Zoning: BHR1*

Geography

  • Assessors Map Reference: 33-C2
  • Subdivision Tract Number: 24484
  • Parcel: 4391-008-007
  • Lot: 6
  • Municipality: WEST /BEV HILLS NORTH
  • Latitude: 34.107
  • Longitude: -118.395

    Address

  • Full Address: 535 Chalette Dr
  • Address - House Number: 535
  • Address - Street Name: Chalette
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C065
  • 4-Digit Zip Code: 1915
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,752
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 02-442

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 5,489,113
  • High Value: 6,752,223
  • Low Value: 4,226,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,500,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $10,500,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,300,000
  • Assessed Land Value: $10,200,000
  • Assessed Improvements Value: $5,100,000

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11857817466
  • Current Sale Price: $15,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1503935
  • Previous Sale Recording Date: Nov 09, 1994
  • Previous Sale Contract Date: Nov 02, 1994
  • Previous Sale Amount: $1,470,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $10,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOME SAVINGS OF AMERICA
  • Previous Mortgage Transaction Date: Nov 09, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,029,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 15, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
7 Baths
7,700 ft²
$1,947/ft²
$14,995,000 Sep 28, 2022
-
-
House
5 Beds
7 Baths
6,147 ft²
$2,888/ft²
$17,750,000 Jan 27, 2023
-
-
House
4 Beds
7 Baths
8,339 ft²
$1,859/ft²
$15,500,000 Jan 10, 2023
-
-
House
6 Beds
8 Baths
7,595 ft²
$1,712/ft²
$12,999,000 Nov 25, 2022
-
-

About Beverly Hills


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Frequently Asked Questions

When was property at 535 Chalette Drive built and last sold?
The property at 535 Chalette Drive was built in 1971 and last sold on Sep 29, 2021 for $15,000,000.
How much is this home worth?
The estimated value of the home located at 535 Chalette Drive is $16,092,848.
What are some comparable homes to 535 Chalette Drive?
There are currently no comparable homes to 535 Chalette Drive.

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