NOT LISTED FOR SALE

1240 N Spaulding Ave West Hollywood, CA 90046

Estimated Value: $891,000 - $1,288,000

1 Bed
2 Baths
750 Sq Ft
$1,383/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $650,000 $867 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,292/month

3 Days on Market

Highlights

  • Recreation Room
  • Stone Countertops
  • Converted Garage
  • Wood Flooring
  • Breakfast Room
  • Intercom

About This Home

As of April 2016

This 1922 Spanish bungalow has been completely re-imagined and meticulously crafted with style and simplicity to satisfy today's most discriminating buyer. Welcome to 1240 N Spaulding,a Spaulding Square adjacent gem,where charm and modern unite. Featuring a converted rec room which is currently being used as a 2nd bedroom, or can also be utilized as a studio/office. This elegant home features upgrades such as Milgard commercial grade aluminum windows, doors and steam shower. Custom window treatments throughout, bamboo kitchen cabinets, central A/C and heat, interior and exterior surround sound speakers,stainless steel appliances,beautiful white Carrera marble in bathrooms,Toto tankless toilets,quartz countertops,stackable washer/dryer,and much more. Can also serve as a great rental property and great condo alternative! Located just minutes from Santa Monica & Sunset Blvd Nightlife,Farmer's Market,trendy eateries,West Hollywood Gateway,Plummer Park,Paramount Studios, & The Lot.

Last Agent to Sell the Property

Edward Arnez

Keller Williams Studio City License #01925912 Listed on: 04/01/2016

Keller Williams Studio City

Last Buyer's Agent

Laura Marchetti

Compass License #01986062

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,707

Year Built

  • Built in 1922

Lot Details

  • 1,237 Sq Ft Lot
  • West Facing Home
  • Property is zoned WDR2*

Home Design

  • Bungalow
  • Turnkey
  • Raised Foundation

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Living Room
  • Breakfast Room
  • Recreation Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Intercom
  • Alarm System

Parking

  • Converted Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Fire Pit
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 5530-004-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,707

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: This 1922 Spanish bungalow has been completely re-imagined and meticulously crafted with style and simplicity to satisfy today's most discriminating buyer. Welcome to 1240 N Spaulding, a Spaulding Square adjacent gem,where charm and modern unite. Featuring a converted rec room which is currently being used as a 2nd bedroom,or can also be utilized as a studio/office. This elegant home features upgrades such as Milgard commercial grade aluminum windows,doors and steam shower. Custom window treatments throughout,bamboo kitchen cabinets,central A/C and heat,interior and exterior surround sound speakers,stainless steel appliances,beautiful white Carrera marble in bathrooms,Toto tankless toilets, quartz countertops, stackable washer/dryer, and much more. Minimize your carbon foot-print with features such as an energy efficient exterior mounted tankless water heater, wifi NEST thermostat,high efficiency recessed lighting,and timed sprinkler system. Enjoy summer afternoon cookouts in the courtyard using the built in BBQ or spend the evening under the stars sitting around the fire-pit. Can also serve as a great rental property and great condo alternative!Located just minutes from Santa Monica & Sunset Blvd Nightlife,Farmer's Market, trendy eateries & much more!
  • Living Area: 750
  • Probate: No
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 220V Throughout, Laundry - Closet Stacked, Pre-wired for surround sound, Turnkey
  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood, Laminate
  • Appliances: Built-In BBQ, Cooktop - Gas, Microwave, Oven-Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Stone Counters
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Intercom, Range/Oven, Refrigerator
  • Price Per S Q F T: 865.33

Exterior Features

  • Direction Faces: West
  • Construction: Hard Coat
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, On street

Utilities

  • Volt 220: 220V Throughout
  • Cooling: Central
  • Heating: Central
  • Water: Public

Lot Info

  • Assessor Parcel Number: 5530-004-012
  • Geocode Override: No
  • Lot Size Area: 1237

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 13, 2016
Sold by
Winston Michael
Bought by
Spang Marie Louise and Spang Stefan
Seller's Agent
Edward Arnez
Keller Williams Studio City
Buyer's Agent
Laura Marchetti
Compass
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%
Current Estimated Value
$1,037,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,213
Avg. Annual Appreciation
4.38%

Purchase Details

Listed on
Jan 20, 2012
Closed on
Jan 24, 2012
Sold by
The Bank Of New York Mellon
Bought by
Winston Michael
Seller's Agent
Ryan La Chapelle
No Firm Affiliation
Buyer's Agent
Ryan La Chapelle
No Firm Affiliation
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.58%

Purchase Details

Closed on
Aug 19, 2011
Sold by
Caldwell Melody L
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 25, 2006
Sold by
Lemke James P
Bought by
Caldwell Melody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 18, 2003
Sold by
Cardoni Jeffrey E
Bought by
Lemke James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Cardoni Jeffrey E
Bought by
Cardoni Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
5.79%

Purchase Details

Closed on
Aug 24, 2001
Sold by
Cardoni Jeffrey E
Bought by
Cardoni Jeffrey E and Cardoni Sarah Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.08%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 28, 2000
Sold by
Steger William E
Bought by
Cardoni Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
8.3%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Plater Sean
Bought by
Steger William Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.25%
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
Spang Marie Louise $6,500,000 Title 365
Winston Michael $285,000 Landsafe Title
The Bank Of New York Mellon $359,100 Landsafe Title
Caldwell Melody L $600,000 Fidelity National Title Co
Lemke James P -- Chicago Title Co
Cardoni Jeffrey E -- Southland Title Corporation
Cardoni Jeffrey E -- --
Cardoni Jeffrey E $234,000 Progressive Title Company
Steger William Edward $110,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caldwell Melody L $480,000
Previous Owner Lemke James P $336,000
Previous Owner Cardoni Jeffrey E $197,500
Previous Owner Cardoni Jeffrey E $186,000
Previous Owner Cardoni Jeffrey E $187,200
Previous Owner Steger William Edward $88,000
Closed Lemke James P $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2016 04/25/16 Sold $650,000 +0.2% $867 / Sq Ft
04/01/2016 04/01/16 For Sale $649,000 +127.7% $865 / Sq Ft
02/07/2012 02/07/12 Sold $285,000 -- $513 / Sq Ft View Prior Sale
01/20/2012 01/20/12 Pending -- -- --
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 $9,707 $769,463 $615,572 $153,891
2024 $9,707 $754,376 $603,502 $150,874
2023 $9,510 $739,585 $591,669 $147,916
2022 $8,998 $725,084 $580,068 $145,016
2021 $8,906 $710,868 $568,695 $142,173
2019 $8,606 $689,785 $551,828 $137,957
2018 $8,539 $676,260 $541,008 $135,252
2016 $4,124 $302,392 $241,915 $60,477
2015 $4,064 $297,851 $238,282 $59,569
2014 $4,065 $292,018 $233,615 $58,403
Source: Public Records

Agents Affiliated with this Home

  • Edward Arnez

    Seller's Agent in 2016

    Edward Arnez

    Keller Williams Studio City

    (323) 333-2888

    2 in this area

    17 Total Sales

    Edward Arnez
    Section Image
  • Laura Marchetti

    Buyer's Agent in 2016

    Laura Marchetti

    Compass

    (323) 559-8865

    97 Total Sales

    Laura Marchetti
    Section Image

  • R

    Seller's Agent in 2012

    Ryan La Chapelle

    No Firm Affiliation

  • R

    Seller Co-Listing Agent in 2012

    Rik Bright

    No Firm Affiliation

See All Agents

Map

Source: The MLS

MLS Number: 16-109220

The MLS

APN: 5530-004-012

California Los Angeles County West Hollywood 90046

1240 N Spaulding Ave, West Hollywood, CA

This home is located at 1240 N Spaulding Ave, West Hollywood, CA 90046 since 01 April 2016 and is currently estimated at $1,037,213, approximately $1,382 per square foot. This property was built in 1922. 1240 N Spaulding Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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