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Thread started 12/10/01 7:09pm

Take This House, I Got More, Take This House...

I guess this is probably uselsess info, but since there hasn't been much news, here ya go. These are 2 property records. The first is Prince giving Mayte a Bel Air home in 1997(probably for tax purposes). The second is the sale of the same property the same day prince gave it to her to a third party. Prince "gave" the property to Mayte so it would be her income for tax purposes and they would pay less taxes off of the gain of the sale of the house (yeah, exciting isn't it NOT) since mayte is presumably in a lower tax bracket.

LOS ANGELES COUNTY, CA 1863 HEATHER WAY, LOS ANGELES, CA 90210

*** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

PROPERTY TRANSFER RECORD FOR LOS ANGELES COUNTY, CA

Buyer: NELSON, PRINCE ROGERS (Married Man), Married man as his sole and separate property

Seller: GARCIA NELSON, MAYTE (Married Woman)

Property Address: 1863 HEATHER WAY, LOS ANGELES, CA 90210

***** SALES INFORMATION *****

Sale Date: 10/15/1997

Recorded Date: 10/22/1997

Document Number: 97-1659951

Deed Type: INTRA-FAMILY TRANSACTION

Assessor's Parcel Number: 4352-001-015

Legal Description: CITY: LOS ANGELES

Brief Description: TRACT # 10926 LOT 14

***** MORTGAGE INFORMATION *****

Title Company: EQUITY TITLE COMPANY


LOS ANGELES COUNTY, CA 1863 HEATHER WAY, LOS ANGELES, CA 90210

*** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

PROPERTY RECORD FOR LOS ANGELES COUNTY, CA

ESTIMATED ROLL CERTIFICATION DATE JULY 1, 2000

Owner: ULRICH, MADS

Mailing Address: 9100 WILSHIRE BLVD #437W, BEVERLY HILLS, CA 90212

Property Address: 1863 HEATHER WAY, LOS ANGELES, CA 90210

***** SALES INFORMATION *****

Recorded Date: 10/22/1997

Sale Price: $ 2,200,000 (Full Amount)

Prior Sales Date: 02/28/1992

***** ASSESSMENT INFORMATION *****

Assessor's Parcel Number: 4352-001-015

Legal Description:

Brief Description: TRACT # 10926 LOT 14

Land Use: SINGLE FAMILY RESIDENTIAL; Zoning: LAREVV

Assessment Year: 2000

Assessed Land Value: $ 959,839

Assessed Improvement Value: $ 1,325,740

Total Assessed Value: $ 2,285,579

***** TAX INFORMATION *****

Tax Rate Code: 00067

Insurance Classification: WOOD OR WOOD AND STEEL FRAMES.

***** PROPERTY CHARACTERISTICS *****

Year Built: 1989 No. of Buildings: 1
Stories: Style:
Units: 1 Air Conditioning: Central
Bedrooms: 5 Heating: Central
Baths: 7.00 Construction:
Partial Baths: Basement:
Total Rooms: Exterior Walls:
Fireplace: Foundation:
Garage Type: Roof:
Garage Size: Elevator:
Pool/Spa: Pool Lot Size: 31145 SF
Building Area: 5307


TAPE PRODUCED BY COUNTY: 8/2000

Bedrooms: 4 Heating: Forced Air Unit
Baths: Construction:
Partial Baths: Basement:
Total Rooms: Exterior Walls:
Fireplace: Foundation:
Garage Type: Roof:
Garage Size: Elevator:
Pool/Spa: Lot Size: 19.74 AC
Building Area: 8833


TAPE PRODUCED BY COUNTY: 5/2001
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