See Home Value
$15,890,665*
House - Off Market

525 Chalette Dr

Beverly Hills, CA 90210
bedrooms
4 Beds
bathrooms
7 Baths
square feet
5765 Sqft
$14,175,000 - $17,325,000
Reference Base Price*
0.89%
Since Aug 1, 2023
CA-Los Angeles
Primary Model
Sold Jan 02, 2024
$11,250,000
$7,312,500 by Citibank, Na
Mortgage Due Jan 01, 2054
Sold Apr 19, 2019
$9,660,000

About This Property

Nestled within an exclusive enclave of Trousdale Estates, this quintessential mid-century modern epitomizes refined elegance. The residence effortlessly blends contemporary aesthetics with timeless sophistication, creating a harmonious fusion of the best of both worlds. Beyond the private gates, you'll discover opulent open living spaces adorned with the finest materials sourced from around the globe. Step onto the timeless Terrazzo floors, perfectly complemented by exotic hardwoods, and immerse yourself in rooms bathed in natural light pouring in from floor-to-ceiling glass doors. This open floor plan gracefully extends into the outdoor living areas, where an expansive backyard oasis awaits, complete with an oversized pool that offers breathtaking panoramic views stretching from the city to the ocean.As the day draws to a close, retreat to the epitome of luxury living  the Primary Suite, a magnificent sanctuary spanning an impressive 2000 square feet. Indulge in the opulence of this expansive bedroom which boasts a cocktail bar, spa-like facilities, a rejuvenating steam room, and his-and-her walk-in closets. Prepare to have your dreams transformed into reality in this extraordinary masterpiece nestled high above the twinkling city lights.

The manager has listed the unit size as 5765 square feet.
Unit Size
5,765Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$2,732
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964

Price History

Date / Event Date Event Price
Jan 2, 2024 Sold to Eric Wedel $11,250,000
Sold to Eric Wedel
Jul 6, 2023 No longer available -
No longer available
May 30, 2023 Listed $15,750,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: E
  • 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: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,273
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 5,263
  • Building Area: 5,263
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,263
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 24484
  • Land Acres: 0.465
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 24484 LOT/SEC 5

Ownership

  • Current Owner : WEDEL ERIC
  • Previous Owner : SHB REVOCABLE FAMILY TRUST
  • Owner Before Previous Owner: DREXLER RYAN CHARLES
  • Is Owner Occupied: Owner-occupied property

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: 4391-012-019
  • Lot: 5
  • Municipality: WEST /BEV HILLS NORTH
  • Latitude: 34.1067
  • Longitude: -118.396

    Address

  • Full Address: 525 Chalette Dr
  • Address - House Number: 525
  • 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: 2023
  • Tax Amount: $34,984
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 02-442

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 67
  • Final Value: 5,595,501
  • High Value: 6,900,726
  • Low Value: 4,290,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,312,500
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Jan 02, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $7,312,500
  • 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: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,861,779
  • Assessed Land Value: $1,688,925
  • Assessed Improvements Value: $1,172,854

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Transaction ID: 11918590755
  • Current Sale Price: $11,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2241
  • Previous Sale Recording Date: Apr 19, 2019
  • Previous Sale Contract Date: Apr 03, 2019
  • Previous Sale Amount: $9,660,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Jan 02, 2024
  • First Mortgage Loan Amount: $7,312,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
7 Baths
6,193 ft²
$2,737/ft²
$16,950,000 Mar 31, 2023
-
-
House
5 Beds
7 Baths
6,147 ft²
$2,888/ft²
$17,750,000 Jan 27, 2023
-
-

About Beverly Hills


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Frequently Asked Questions

When was property at 525 Chalette Drive built and last sold?
The property at 525 Chalette Drive was built in 1964 and last sold on Dec 28, 2023 for $11,250,000.
How much is this home worth?
The estimated value of the home located at 525 Chalette Drive is $15,691,185.
What are some comparable homes to 525 Chalette Drive?
There are currently no comparable homes to 525 Chalette Drive.

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