NOT LISTED FOR SALE

Estimated Value: $1,922,565 - $2,567,000

4 Beds
2 Baths
2,316 Sq Ft
$939/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $1,516,064 $655 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $13,114/month

16 Days on Market

Highlights

  • Views of Trees
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Spanish Architecture
  • Home Office

About This Home

As of June 2019

Stunning Spanish Colonial Revival circa 1930 by noted LA architect A. Godfrey Bailey. Every room is filled with charm and character. Original stencil beamed ceiling frames the expansive living room which showcases a wood burning fireplace. Period details throughout include gleaming hardwood floors, stained glass windows and door, dramatic stone entry and staircase with iron railings, formal dining room, built in cabinetry, steel encasement windows in all the light filled rooms, vintage tiles in both bathrooms. Romantic master bedroom upstairs with quaint balcony provides peaceful treetop views of LA. Private grassy back yard with deck off the office area are great entertaining areas. Located in the desirable "Wilshire Vista" district, which is centrally located. Minutes to LACMA and the Grove. This is a showcase home for connoisseurs of classic Spanish architecture.

Last Agent to Sell the Property

Shaun Seeram

Sotheby's International Realty License #00966519 Listed on: 04/29/2019

Last Buyer's Agent

kim schneider

Sotheby's International Realty License #01042916

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,133

Year Built

  • Built in 1930

Lot Details

  • 5,960 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Views of Trees

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5085-021-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,133

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2316
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Hardwood, Stone, Tile
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Price Per S Q F T: 668.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5085-021-018
  • Geocode Override: No
  • Lot Size Area: 5960

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jun 5, 2019
Sold by
Lennon Gary
Bought by
Wacht Michael
Seller's Agent
Shaun Seeram
Sotheby's International Realty
Buyer's Agent
kim schneider
Sotheby's International Realty
List Price
$1,549,000
Sold Price
$1,516,064
Premium/Discount to List
-$32,936
-2.13%
Current Estimated Value
$2,174,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,077
Avg. Annual Appreciation
5.83%
Original Mortgage
$600,000
Outstanding Balance
$527,547
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,646,594

Purchase Details

Listed on
Jul 2, 2014
Closed on
Oct 8, 2014
Sold by
Rasmussen Gail
Bought by
Lennon Gary
Seller's Agent
Alissa Solomon
Core Real Estate Group
Buyer's Agent
Shaun Seeram
Sotheby's International Realty
List Price
$1,249,000
Sold Price
$1,230,000
Premium/Discount to List
-$19,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$984,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2013
Sold by
Rasmussen Gail L
Bought by
Rasmussen Gail and Piper Trust

Purchase Details

Closed on
Aug 6, 2008
Sold by
Real Danilo and Brauer Laurel
Bought by
Rasmussen Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Lopez Real Danilo and Brauer Laurel
Bought by
Real Danilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wacht Michael $1,516,500 Equity Title Company
Lennon Gary $1,230,000 Fidelity National Title Co
Rasmussen Gail -- Provident Title Company
Rasmussen Gail L $1,050,000 Fatcola
Real Danilo -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wacht Michael $600,000
Previous Owner Lennon Gary $984,000
Previous Owner Rasmussen Gail L $729,750
Previous Owner Real Danilo $362,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2019 06/19/19 Sold $1,516,064 -2.1% $655 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $1,549,000 +25.9% $669 / Sq Ft
10/29/2014 10/29/14 Sold $1,230,000 -1.5% $531 / Sq Ft View Prior Sale
09/16/2014 09/16/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $1,249,000 -- $539 / 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 $20,133 $1,857,569 $1,353,010 $504,559
2024 $20,133 $1,658,072 $1,326,481 $331,591
2023 $19,742 $1,625,562 $1,300,472 $325,090
2022 $18,821 $1,593,689 $1,274,973 $318,716
2021 $18,587 $1,562,441 $1,249,974 $312,467
2019 $2,283 $1,325,188 $1,060,152 $265,036
2018 $15,807 $1,299,205 $1,039,365 $259,840
2016 $15,116 $1,248,757 $999,006 $249,751
2015 $14,895 $1,230,000 $984,000 $246,000
2014 $13,688 $1,103,018 $880,525 $222,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-460180

The MLS

APN: 5085-021-018