NOT LISTED FOR SALE

1165 Wellesley Ave Unit 101 Los Angeles, CA 90049

Brentwood Neighborhood

Estimated Value: $916,000 - $1,348,000

2 Beds
2.5 Baths
1,397 Sq Ft
5,663 Sq Ft Lot

Last Sold December 03, 2013

Last sale price $775,000 $555 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,087/month

19 Days on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • Mediterranean Architecture
  • Gated Parking
  • Hydromassage or Jetted Bathtub
  • Stone Countertops

About This Home

As of December 2013

Modern, Sleek & Stylish remodeled front facing unit in a small 7 unit beautiful bldg with only two units per floor. Situated on a nice quiet street in a wonderful neighborhood featuring 2 bds + 2.5 baths. Sunny living room w/ fireplace, crown molding, recessed lights, wide plank white oak hardwood floors, built-in shelving & sliding glass door leading out to a terrace. Newly remodeled gourmet chef's kitchen that opens to dining room & living room w/ Ceasarstone counter tops, SS appliances, Mosaic glass tile back splash, slate stone flooring, custom cabinetry and breakfast bar. Great master suite with crown molding, hardwood floors, walk-in closet and sliding glass door to patio, perfect for BBQing. Remodeled master bath with spa tub, glass Mosaic tile, two glass bowl sinks, slate flooring and custom cabinetry. Inside laundry, video intercom, security system, guest powder room, large storage room, 2 car gated parking & guest parking. Walk to fine shops, restaurants & farmer's market!

Last Agent to Sell the Property

Elyse Arbour

Rodeo Realty- Brentwood License #01227787 Listed on: 10/09/2013

Rodeo Realty- Brentwood

Last Buyer's Agent

Robert Schmalz

Robert Schmalz License #01813025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,333

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 5,663

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,397 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Slate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • 2.5 Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Home Security

  • Security System Leased
  • Intercom

Parking

  • Tandem Parking
  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4264-020-033

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 7 Units
  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,333

Year Built

Built in 1995 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Street Number Display: Yes
  • Complex Name: Wellesley Terrace
  • Entry Floor: 1
  • Living Area: 1397
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 1
  • Year Built: 1995
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Slate, Stone
  • Appliances: Built-In Gas, Microwave
  • Bedrooms: 2
  • Fireplaces: 1
  • Bathroom Features: Remodeled, Tub With Jets
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Gourmet Kitchen, Remodeled, Stone Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 564.78

Exterior Features

  • Tennis Court Y/N: No
  • Exposure: East
  • Patio: Patio Open
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Parking for Guests, Tandem

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Fire Sprinklers, Leased

Association/Amenities

  • Amenities: Elevator, Gated Parking, Guest Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 375.00
  • Unit Location: Front

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4264-020-033
  • Geocode Override: No
  • Lot Size Area: 5986

Multi Family

  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2018
Sold by
Schmalz Robert and Schmalz Robert
Bought by
Schmalz Robert
Current Estimated Value
$1,127,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$485,245
Interest Rate
4.33%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$699,242

Purchase Details

Listed on
Oct 9, 2013
Closed on
Nov 13, 2013
Sold by
Gessert Schmalz Barbara
Bought by
Schmalz Robert
Seller's Agent
Elyse Arbour
Rodeo Realty- Brentwood
Buyer's Agent
Robert Schmalz
Robert Schmalz
List Price
$789,000
Sold Price
$775,000
Premium/Discount to List
-$14,000
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$542,500
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 9, 2013
Closed on
Oct 31, 2013
Sold by
Debrevannes Thierry Curial
Bought by
Schmalz Robert
Seller's Agent
Elyse Arbour
Rodeo Realty- Brentwood
Buyer's Agent
Robert Schmalz
Robert Schmalz
List Price
$789,000
Sold Price
$775,000
Premium/Discount to List
-$14,000
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2004
Sold by
Debrevannes Thierry Curial and The Wellesley Avenue Trust
Bought by
Debrevannes Thierry Curial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1998
Sold by
Legrelle Regine
Bought by
Debrevannes Thierry Curial and Wellesley Avenue Trust

Purchase Details

Closed on
Sep 29, 1995
Sold by
126 Kenwood Inc
Bought by
Legrelle Regine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
7.51%
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
Schmalz Robert -- Fidelity National Title Comp
Schmalz Robert -- Progressive Title Company
Schmalz Robert $775,000 Progressive Title Company
Debrevannes Thierry Curial -- Multiple
Debrevannes Thierry Curial -- --
Legrelle Regine $305,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmalz Robert $179,637
Open Schmalz Robert $555,000
Closed Schmalz Robert $542,500
Previous Owner Debrevannes Thierry Curial $245,000
Previous Owner Debrevannes Thierry Curial $80,000
Previous Owner Debrevannes Thierry Curial $200,000
Previous Owner Legrelle Regine $152,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2013 12/03/13 Sold $775,000 -1.8% $555 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $789,000 -- $565 / 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 $11,333 $950,033 $578,111 $371,922
2024 $11,333 $931,406 $566,776 $364,630
2023 $11,115 $913,144 $555,663 $357,481
2022 $10,596 $895,240 $544,768 $350,472
2021 $10,463 $877,687 $534,087 $343,600
2020 $10,571 $868,688 $528,611 $340,077
2019 $10,147 $851,656 $518,247 $333,409
2018 $10,118 $834,958 $508,086 $326,872
2016 $9,676 $802,537 $488,357 $314,180
2015 $9,533 $790,483 $481,022 $309,461
2014 $9,566 $775,000 $471,600 $303,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-708077

The MLS

APN: 4264-020-033