NOT LISTED FOR SALE

109 S Las Palmas Ave Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $5,456,000 - $6,981,000

5 Beds
4.5 Baths
5,283 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold July 17, 2012

Last sale price $2,532,000 $479 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $35,479/month

15 Days on Market

Highlights

  • Gated Parking
  • Room in yard for a pool
  • Mediterranean Architecture
  • Third Street Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of July 2012

George A. Sullivan, Architect. House in the Mediterranean Revival Style, 1928. Built during the apex of the European Revival movement that defined Los Angeles architecture at the time, Sullivan's design is a carefully detailed and expressive example of the period. Here, the scale and proportion of the public rooms and sleeping quarters are highly relevant to today's lifestyle. Offered for the first time in over 50 years, and virtually untarnished since original construction, the residence incorporates 5 bedrooms, 4 1/2 bathrooms, grand living room, formal dining room, wood-paneled family room, hand-painted breakfast room, sun porch, full-tile kitchen, and butler's pantry; all accessed from a grand cathedral-like entry with curved stairway, loggia, and original stained-glass panels. The rear grounds include a pool-sized yard with fruit trees, flowers, fishpond, and two-car garage with attached chauffeur's quarters with bath. AGENTS, PLEASE SEE PRIVATE REMARKS REGARDING OFFER SUBMISSION.

Last Agent to Sell the Property

J.R. Davidson

Keller Williams Larchmont License #01317929 Listed on: 05/29/2012

Co-Listed By

Nina Chea

Keller Williams Larchmont License #01863392

Last Buyer's Agent

Amina Marie Shah

Compass License #01730478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,160

Year Built

  • Built in 1928

Lot Details

  • 0.3 Acre Lot
  • Property is zoned LARE11

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 5,283 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Security System Owned
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4.5 Bathrooms

Parking

  • 2 Car Detached Garage
  • Gated Parking

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Central Heating
  • Gravity Heating System
  • Sewer in Street

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5513-012-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,160

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 5283
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 4.50
  • Equipment: Dishwasher, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 472.27

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Roof: Tile
  • View: No

Garage/Parking

  • Parking Garage: Detached, Garage, Gated
  • Total Parking: 2

Utilities

  • Heating: Central, Gravity
  • Security: Owned
  • Sewer: In Street

Lot Info

  • Special Zoning: Methane Gas, Property Report
  • Assessor Parcel Number: 5513-012-022
  • Lot Size Area: 13274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2012
Closed on
Jul 2, 2012
Sold by
Lindstedt Jina M and Marmelzat Jonathan C
Bought by
Shalom Doron Ben
Seller's Agent
J.R. Davidson
Keller Williams Larchmont
Buyer's Agent
Amina Marie Shah
Compass
List Price
$2,495,000
Sold Price
$2,532,000
Premium/Discount to List
$37,000
1.48%
Current Estimated Value
$6,140,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,608,333
Avg. Annual Appreciation
6.89%
Original Mortgage
$1,250,000
Outstanding Balance
$855,882
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$5,284,451

Purchase Details

Closed on
Feb 5, 2007
Sold by
Marmelzat Md Willard Lee and Marmelzat Ruth B
Bought by
Marmelzat Ruth B and Willard & Ruth Marmelzat Family Trust
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
Shalom Doron Ben $2,532,000 Lawyers Title Co
Marmelzat Ruth B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shalom Doron Ben $1,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2012 07/17/12 Sold $2,532,000 +1.5% $479 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $2,495,000 -- $472 / 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 $38,160 $3,170,677 $2,039,610 $1,131,067
2024 $38,160 $3,108,508 $1,999,618 $1,108,890
2023 $37,424 $3,047,558 $1,960,410 $1,087,148
2022 $35,690 $2,987,803 $1,921,971 $1,065,832
2021 $35,247 $2,929,220 $1,884,286 $1,044,934
2019 $34,194 $2,842,340 $1,828,398 $1,013,942
2018 $33,970 $2,786,609 $1,792,548 $994,061
2016 $32,484 $2,678,403 $1,722,942 $955,461
2015 $32,009 $2,638,172 $1,697,062 $941,110
2014 $32,099 $2,586,494 $1,663,819 $922,675
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    J.R. Davidson

    Keller Williams Larchmont

  • Nina Chea

    Seller Co-Listing Agent in 2012

    Nina Chea

    Keller Williams Larchmont

    (310) 600-5673

    10 Total Sales

    Nina Chea
    Section Image

  • A

    Buyer's Agent in 2012

    Amina Marie Shah

    Compass

See All Agents

Map

Source: The MLS

MLS Number: 12-603113

The MLS

APN: 5513-012-022

California Los Angeles County Los Angeles 90004 Hancock Park

109 S Las Palmas Ave, Los Angeles, CA

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