NOT LISTED FOR SALE

Estimated Value: $2,450,682 - $2,986,000

3 Beds
3 Baths
2,042 Sq Ft
$1,322/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $1,170,000 $573 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $15,580/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Fairburn Avenue Elementary Rated A
  • Corner Lot
  • Wood Frame Window

About This Home

As of December 2012

If you do business in Westwood, Beverly Hills and/or Century City, this is a great location! This home is located within a Westwood/Beverly Hills/Century City triangle. Close to all three! 2 bedrooms/3 baths. Corner lot and beautiful from both streets. If you are “purist” for an original interior or if you want a charming home where you would like to update/upgrade from traditional 1935 Spanish-style home, this is the home for you! Original hardwood flooring throughout—even under the tiled kitchen. This home also has original beams, an alcove or two, two interior working fireplaces (one with a wood storage area), built-in bookcases, a secret closet, and original hand-painted tiles installed by homebuilder. Lush, mature landscaping with a producing lemon tree. Fairly private front porch has a low-wall fence. Appointed with a small backyard with flagstone patio and a cozy, original, covered fireplace/BBQ alcove. Perfect for small parties, an intimate dinner, or entertaining a few of your closest friends. Plumbing and heating have been upgraded within the last 10 years, newer kitchen. Home needs TLC. Come with your imagination, decorator, and love of years past!

Last Agent to Sell the Property

Nazar Ashjian

Ashjian Realty License #00495607 Listed on: 12/06/2012

Last Buyer's Agent

Nazar Ashjian

Ashjian Realty License #00495607 Listed on: 12/06/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,390

Year Built

  • Built in 1935

Lot Details

  • 7,754 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Block Foundation
  • Spanish Tile Roof
  • Pre-Cast Concrete Construction
  • Adobe

Interior Spaces

  • 2,042 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Casement Windows
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Stone Porch or Patio

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4677
  • Assessor Parcel Number 4326012005

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,390

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: No
  • Architectural Style: Spanish, Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4326012005
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2042.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, Grab Bars In Bathroom(s), No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Fireplace Features: Den, Living Room
  • Levels: One
  • Price Per Square Foot: 572.97
  • Room Type: All Bedrooms Down
  • Window Features: Casement Windows, Wood Frames

Exterior Features

  • Patio: Yes
  • Foundation: Block
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Adobe, Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Level with Street, Paved, Corner Lot
  • Lot Size Sq Ft: 7754.00
  • Lot Size Acres: 0.1780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7754.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 4677

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2012
Closed on
Dec 14, 2012
Sold by
Melcon Investment Co Lc
Bought by
Molayem Flora and Molayema Oma
Seller's Agent
Nazar Ashjian
Ashjian Realty
Buyer's Agent
Nazar Ashjian
Ashjian Realty
List Price
$1,295,000
Sold Price
$1,170,000
Premium/Discount to List
-$125,000
-9.65%
Current Estimated Value
$2,699,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,529,671
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Dec 1, 2003
Sold by
Melcon Robert E
Bought by
Melcon Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Melcon Robert E
Bought by
Melcon Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Melcon Investment Co Llc
Bought by
Melcon Robert E

Purchase Details

Closed on
Apr 8, 2003
Sold by
Melcon Robert E
Bought by
Melcon Investment Co Llc

Purchase Details

Closed on
Jan 13, 1997
Sold by
Melcon Robert E Tr Hermina Melcon
Bought by
Melcon Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.75%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Molayem Flora $1,170,000 Stewart Title Of California
Melcon Investment Co Llc -- --
Melcon Robert E -- Ticor Title Co
Melcon Robert E -- --
Melcon Investment Co Llc -- --
Melcon Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melcon Robert E $350,000
Previous Owner Melcon Robert E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2012 12/31/12 Sold $1,170,000 -9.7% $573 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $1,295,000 -- $634 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,390 $1,440,760 $1,152,612 $288,148
2024 $17,390 $1,412,511 $1,130,012 $282,499
2023 $17,058 $1,384,815 $1,107,855 $276,960
2022 $16,271 $1,357,663 $1,086,133 $271,530
2021 $16,071 $1,331,043 $1,064,837 $266,206
2020 $16,236 $1,317,396 $1,053,919 $263,477
2019 $15,592 $1,291,565 $1,033,254 $258,311
2018 $15,468 $1,266,242 $1,012,995 $253,247
2016 $14,848 $1,217,074 $973,660 $243,414
2015 $14,582 $1,198,793 $959,035 $239,758
2014 $14,680 $1,175,311 $940,249 $235,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR12148217

California Regional Multiple Listing Service (CRMLS)

APN: 4326-012-005