Showing posts with label Homes. Show all posts
Showing posts with label Homes. Show all posts

Tuesday, January 5, 2016

The most expensive Los Angeles home sales of 2015


Liongate, the Bel-Air estate once home to singer Kenny Rogers, sold for $46.25 million. - 

The Los Angeles Times has rounded up the 10 most expensive single-family homes sold in the greater Los Angeles area from Jan. 1 to Dec. 31, according to Propertyshark. 

$60 million — Malibu Producer Marcy Carsey sold her Malibu beachfront estate to Interscope Geffen A&M Chairman Jimmy Iovine. The 2.2-acre compound includes a 2,500-square-foot main house on a bluff, two guest houses, a cottage near the sand, a swimming pool and a tennis court. 

$59.36 million — Holmby Hills The Singleton House, a Holmby Hills estate estate built for Teledyne co-founder Henry Singleton, sold in April. The 15,520-square-foot home opens to a grand entry with an oval foyer. Formal areas, a wood-paneled study, 10 bedrooms and 12.5 bathrooms are within the Southern Colonial-style house. 

$50.5 million — Malibu An oceanfront compound in Malibu’s Encinal Bluffs area sold in an off-market exchange involving a pair of blind trusts. While details are scarce, tax records indicate show multiple structures including a four-bedroom main house and two guest cottages. A tennis court and a swimming pool are within grounds of about six acres. 

$47.85 million — Bel-Air Guess Jeans co-founder Maurice Marciano sold his 2.7-acre estate to hotel and casino magnate Steve Wynn for $47,851,500 in August in an off-market deal. The 19,299-square-foot contemporary-style mansion has eight bedrooms and 13 bathrooms, according to tax records. A large motor court, tiered patios, large expanses of lawn and a swimming pool and spa sit within the hedged and gated grounds. 

$46.25 million — Bel-Air Liongate, the Bel-Air estate once home to singer Kenny Rogers, sold to philanthropists James and Eleanor Randall. The mansion was rebuilt and expanded in 2013 and has 11 bedrooms and 15 bathrooms in nearly 24,000 square feet of interiors. Among amenities are three living rooms, a 12-seat theater and a master suite spanning 3,000 square feet. A glass elevator leads to a formal ballroom. 

$44 million — Malibu Investment banker and politician Jack Ryan sold a compound to a nondescript limited liability company in March in another off-market sale in Malibu. The estate includes an unfinished Traditional-style main house and a pool house totaling 12 bedrooms and 12 bathrooms in about 13,000 square feet. 

$38 million — Bel-Air The Mediterranean-style Westside mansion on nearly two acres in Bel-Air was once owned by Georgia Frontiere, the late St. Louis Rams owner responsible for moving the football franchise from the Southland to St. Louis in 1995. The two-story villa includes a home theater, a library, a bar, an art studio and a wine cellar. A total of 10 bedrooms and 15 bathrooms are within 17,700 square feet of living space. 

$36 million — Beverly Hills The onetime 90210 address of Detroit Pistons owner Tom Gores came to market in September for $43.5 million and ultimately sold for $36 million — the most expensive sale of a publicly listed home in Beverly Hills in 2015, public records show. The 14,422 square feet of living space features eight bedrooms, 11 bathrooms, inlaid marble and walnut floors, coffered ceilings, custom millwork and seven antique fireplaces.. 

$34.5 million — Bel-Air In June, the estate of late radio and television personality Art Linkletter quietly changed hands in an off-market deal. Mortgage documents later revealed the buyer to be Canadian billionaire and Edmonton Oilers owner Daryl Katz. The nearly five-acre property features views on the surrounding canyons, Century City and downtown L.A. 

$32.67 million — Beverly Crest Following on the heels of brother Maurice’s sale in Beverly Hills, Guess co-founder Armand Marciano sold his Beverly Crest-area estate. The Mediterranean-style mansion has 10 bedrooms, 10 full bathrooms and 12 powder rooms/bathrooms in nearly 25,000 square feet of living space. Three floors of living, designed for large-scale entertaining, include a professional screening room, a wine cellar, a game room and an elevator. 

Tuesday, October 20, 2015

Why You Should Get Off Your Duff And Refinance



Mortgage costs, we keep hearing, are going to go up when the Federal Reserve at long last gets around the lifting short-term interest rates. While long and short rates don’t move in lockstep, Fed tightening tends to boost long rates eventually. AdviceIQ Network member Rick Kahler, present of Kahler Financial Group in Rapid City, S.D., tells us how to get in on refinancing to a lower rate while the option lasts:

Interest rates on home loans still are very low in historical terms. That means it remains a good time to dig out your mortgage loan paperwork and consider if refinancing is right for you.

Five years ago, the government started injecting trillions of dollars into the U.S. economy. Conventional wisdom suggested that rising interest rates were soon to follow. Some even predicted the collapse of the dollar and hyper-inflation. Instead, inflation is down, the dollar is the strongest it’s been in 10 years, and interest rates fall to the lowest levels in decades.

When refinancing, you take out a new, lower-interest loan to pay off the old one. Here’s how to find out whether it’s a good option:

First, check the current interest rate on your mortgage loan. Let’s assume you have a balance of $200,000, with monthly principal and interest payments of $1,013 at a rate of 4.5%.


Next, shop around. Call two or three mortgage brokers and find out the interest rate you can obtain on a new loan. They’ll ask for your household income, the value of your house and the current balance on your mortgage. If you don’t know how much your home is worth, contact your local property tax office for an assessed value.

Ask the brokers to give you the interest rate and payments on a mortgage similar to the number of years left on your current loan. Also ask about a shorter-term loan, which usually has a lower interest rate.

When shopping for a new mortgage, you may be tempted to reduce your payments even more by lengthening the term of your new loan. While the benefit is more spending money per month, you can end up paying more in interest. I strongly suggest obtaining a new mortgage that is equal to or less than the number of years remaining on your current loan.


John Schuler | NMLS# 76904 
Senior Loan Officer | Movement Mortgage
12780 High Bluff Dr | Suite 130
San Diego | CA | 92130

Apply Online at:   http://movement.com/john.schuler

Wednesday, August 19, 2015

San Diego’s 7 Most Anticipated Restaurant Openings of Fall 2015

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Hot summer temperatures are still in full swing, but fall is right around the corner. To help get you in the mood for the change of season, check out this list of seven new restaurants slated to open within the next few months.

Fireside by The Patio

Historic Liberty Station gains another eatery in the form of a backyard party. Originally dubbed The Backyard, this new concept by The Patio Restaurant Group will feature custom wood-fired grills designed by local bath and kitchen designer Phil Roxworthy, plus smokers and pizza ovens in a space with indoor and outdoor seating. Executive chef John Medall’s menu takes full advantage of the outdoor cooking technique and will offer wood-fired favorites alongside salads, craft beer and cocktails.
Projected opening: September

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Duke’s La Jolla

The area's newest restaurant will honor Hawaiian native Duke Kahanamoku. Owned by San Diego– and Maui-based TS Restaurants, the spot will be helmed by executive chef Anthony Sinsay (pictured with general manager Shaughn Helliar), who is bringing the signature dishes of Hawaii — like lilikoi ceviche and 24-hour kalbi short rib — to SD. The 13,000-sq.-ft. restaurant boosts two dining levels with indoor and outdoor seating and views of the La Jolla Cove.
Projected opening: October

Hammond’s Gourmet Ice Cream

The North Park shop is set to expand into Pacific Beach. The frozen confection shop, co-owned by Dan Szpak and the husband-and-wife team of Ryan and Trang Hammond, will be bringing regular scoops, mini-scoops and their ever-popular flights of Hawaiian-based Tropical Dreams ice cream with more than 32 flavors to choose from.
Projected opening: Early fall

The Crack Shack

Executive chef Richard Blais is hatching up a new restaurant adjacent to Juniper & Ivy that focuses on all things chicken and eggs. Housed in an abandoned construction and welding shop, the eatery will serve breakfast, lunch and dinner. Diners can look forward to locally sourced ingredients including free-range, non-GMO eggs and a custom bread program brought to you by Blais and chef de cuisine Jon Sloan.
Projected opening: Late fall

Liberty Public Market

This ambitious project (rendering pictured at the top) — promising to rival the public markets around the country found in Seattle, NYC and Cleveland — signed on its first wave of vendors. Shops include Liberty Meat Shop, The WestBean Coffee Roast, Fully Loaded Juice, Venissimo Cheese, Pho Realz, Wicked Maine Lobster, Mastiff Sausage, Cane Patch Pies and Cecelia’s Taqueria, with capacity for 20 more shops. The project by Blue Bridge Hospitality is a $3 million mixed-use market renovating 22,000 sq. ft. of space in historic Liberty Station.
Projected opening: Late October

TRUST Restaurant

Architect and developer Jonathan Segal’s under-construction building in Hillcrest, dubbed “Mr. Robinson,” is set to get its own restaurant with chef Brad Wise (Eat.Drink.Sleep.’s JRDN at Tower 23, Draft, Cannonball) and GM Steven Schwob (Eat.Drink.Sleep’s Draft, Cannonball) behind the project. Wise will be focusing on shareable plates using local ingredients, while Juan Sanchez — known for his work at Kettner Exchange and JRDN — will take charge of the cocktail program.
Projected opening: October/November

The Herb Shop

Top Chef alum Brian Malarkey has been hinting at an unnamed project all year long and he's finally unveiled the name and concept. Located in Little Italy, this eatery will be centered around herbs with roasted veggies, meats and seafood filling out the menu. Planned is a dining room with an open-air atmosphere and lots of edible plants as decor. Attached will be a market selling packaged gourmet foods.
Projected opening: December 1


New Homes on the Market!
3 Bedroom 2 Bath 2,168 SqFt. $1,399,000
3 Bedroom 2.1 Bathroom 2,369 SqFt. $1,348,000
4 Bedroom 2 Bath 1,971 SqFt. $660,000-$670,000



 

  

Monday, August 17, 2015

The Millionaire Real Estate Agent

It's Not About the Money...It's About Being the Best You Can Be!



"Whether you are just getting started or a veteran in the business, The Millionaire Real Estate Agent is the step-by-step handbook for seeking excellence in your profession and in your life."
--Mark Victor Hansen, cocreator, #1 New York Times bestselling series Chicken Soup for the Soul
"This book presents a new paradigm for real estate and should be required reading for real estate professionals everywhere."
--Robert T. Kiyosaki, New York Times bestselling author of Rich Dad, Poor Dad
The Millionaire Real Estate Agent explains:
  • Three concepts that drive production 
  • Economic, organizational, and lead generation models that are the foundations of any high-achiever's business 
  • How to "Earn a Million," "Net a Million," and "Receive a Million" in annual income


Saturday, August 15, 2015

THE MULTI-INDICATOR MARKET INDEX SAN DIEGO



The MiMi considers a score of 80-120 to be normal or stable. A score below 80 is indicative of a week housing market. A score over 120 is indicative of an elevated market.

The California housing market is in range and improving. The California MiMi is 87.7% for the month, an improvement of 0.92% over last month and 2.81% over the last three months. Of the MiMi indicators three are in range and one is weak. Among the 50 states and the District of Columbia, California ranks 5th increasing 3 spots from last month and increasing eight spots since last year. As you can see in the chart below, the MiMi in California is 69.9% over its all time low of 51.7% reached October 2010.

Nationally, the U.S. scored 79.2 on the MiMi, up 0.71% from the previous month and up 4.35% from the year before.