NOT LISTED FOR SALE

Estimated Value: $3,782,000 - $4,745,000

5 Beds
5 Baths
3,452 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $3,750,000 $1,086 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $26,847/month

75 Days on Market

Highlights

  • Detached Guest House
  • City Lights View
  • Wood Flooring
  • Fairburn Avenue Elementary Rated A
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of October 2021

Authentic Spanish Hacienda reimagined and expanded to perfection with the highest quality materials, finishes and smart home wiring throughout, complemented by a new ADU that is ideal for extended families. Enter the front door to be greeted by an effortless open floor plan with rustic wide plank oak flooring, hand plastered walls, and vintage Rejuvenation dimmers. The gourmet kitchen features a large center island, leathered marble counters, Zellige tile backsplash, dual Shaws apron sinks, Newport Brass fixtures, a La Cornue range with brass hood, a built-in Fisher & Paykel fridge and walnut cabinet drawers. The living room features a gas fireplace, built-in speakers and arched french doors leading to an enclosed front yard with ficus hedging and mature olive trees. Down the hall is one guest bedroom with adjacent bath that doubles as a powder room, laundry closet and two additional en-suite bedrooms that open to a tranquil courtyard with fountain. Malibu Tile staircase risers lead to a rooftop deck with city views that is adjacent to the primary suite with gas fireplace, large walk-in with custom-milled cabinetry, wine fridge, private terrace and sumptuous bath with massive steam shower and soaking tub. The ADU is fully-equipped with Thermador appliances, vaulted ceilings with built-in speakers, laundry and glass sliders to a private patio.

Last Agent to Sell the Property

Corey Nelson

Robust Real Estate License #01462372 Listed on: 06/25/2021

Co-Listed By

Frank Martinez

Robust Real Estate License #01974071

Last Buyer's Agent

Peter Lorimer

PLG Estates License #01479846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,230

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 6,544 Sq Ft Lot
  • South Facing Home
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,452 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Open Patio
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4325-005-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,230

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3452
  • Lot Acreage: 0.1502
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1930
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Hood Fan, Ice Maker, Microwave, Garbage Disposal, Built-Ins, Stackable W/D Hookup, Refrigerator, Range/Oven
  • Price Per S Q F T: 1099.36

Exterior Features

  • Direction Faces: South
  • Other Structures: Accessory Dwelling Unit
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central, Combination

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4325-005-012
  • Lot Size Area: 6544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 7, 2021
Sold by
Princess Apartments Partnership
Bought by
Flachner Andrew and Flachner Juliane
Seller's Agent
Corey Nelson
Robust Real Estate
Buyer's Agent
Peter Lorimer
PLG Estates
List Price
$3,995,000
Sold Price
$3,750,000
Premium/Discount to List
-$245,000
-6.13%
Current Estimated Value
$4,204,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,834
Avg. Annual Appreciation
1.97%
Original Mortgage
$3,000,000
Outstanding Balance
$2,741,650
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,299,760

Purchase Details

Closed on
Aug 9, 2006
Sold by
Habibi Ali
Bought by
Princess Apartments Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2002
Sold by
Yebri Fereydoun and Yebri Roya
Bought by
Habibi Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.87%
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
Flachner Andrew $3,750,000 Lawyers Title Company
Princess Apartments Partnership -- None Available
Habibi Ali -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flachner Andrew $3,000,000
Previous Owner Habibi Ali $598,000
Previous Owner Habibi Ali $616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $3,750,000 -1.2% $1,086 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $3,795,000 -5.0% $1,099 / Sq Ft
06/25/2021 06/25/21 For Sale $3,995,000 -- $1,157 / Sq Ft
Source: The MLS

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 $47,230 $3,979,530 $3,183,624 $795,906
2024 $47,230 $3,901,500 $3,121,200 $780,300
2023 $46,305 $3,825,000 $3,060,000 $765,000
2022 $44,132 $3,750,000 $3,000,000 $750,000
2021 $12,453 $1,030,275 $729,226 $301,049
2019 $12,082 $999,719 $707,598 $292,121
2018 $12,013 $980,118 $693,724 $286,394
2016 $11,487 $942,061 $666,787 $275,274
2015 $11,320 $927,912 $656,772 $271,140
2014 $11,359 $909,736 $643,907 $265,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-752814

The MLS

APN: 4325-005-012