The highest priced ever achieved for a condo in Beverly Hills has been recorded at The Montage Residences.
This record-setting sale of $10,950,000 closed on Friday 4/9/2010 ($2148 per square foot)
Unit 8D is a 4-Bed 4.5-Bath condo measuring over 4900 square feet with HOA Dues of $6064 per month (that's $72,768 per year). Annual Property Taxes are estimated at over $130,000.
That's over $200,000 in Dues and Taxes alone.
This sale easily tops the previous record of $6,150,000 for Unit 8F (also at The Montage Residences) that closed for $6,150,000 in March of this year.
As at the time of posting this blog The MLS shows one unit as pending in escrow (listed at $11,650,000) and three other condos as active, listed at $6,150,000; $8,850,000 and $10,250,000 respectively.
The Property was listed by Sondra Browning-Ott of Sotheby's International- Montage.
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