NOT LISTED FOR SALE

Estimated Value: $6,647,000 - $7,741,147

5 Beds
5.5 Baths
5,612 Sq Ft
$1,303/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $3,932,280 $701 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $43,503/month

Highlights

  • In Ground Pool
  • Gated Parking
  • Living Room with Fireplace
  • Third Street Elementary School Rated A
  • 17,899 Sq Ft lot
  • Wood Flooring

About This Home

As of December 2013

Quality and elegance define this grand home in prime Hancock Park. Architectural details abound with the delicately carved stone doorway, fireplace and mantel. Stenciled paneled ceilings are featured in both the gracious living room and formal dining room. Four bedrooms up including master with sitting room, four baths, plus office. An inviting library, sun room/office and breakfast room with built-in cabinet add to the enjoyment of this outstanding home. Kitchen with center island and butler's pantry. Extra large service area with maid's room and bath. French doors open to a spacious tiled patio perfect for outdoor entertaining. Pool, bonus room, security system and four car garage.

Last Agent to Sell the Property

Rick Llanos

Coldwell Banker Realty License #01123101 Listed on: 11/18/2013

Coldwell Banker Realty

Co-Listed By

Kathy Gless

Coldwell Banker Realty License #00626174

Last Buyer's Agent

Betsy Malloy

Christie's International Real Estate SoCal License #01293183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,294

Year Built

  • Built in 1925

Lot Details

  • 0.41 Acre Lot
  • Property is zoned LARE11

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 5,612 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Center Hall
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Gated Parking

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 5515-003-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,294

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 5612
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 5
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.50
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 711.87

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Roof: Tile
  • View: No

Garage/Parking

  • Parking Garage: Detached, Gated
  • Total Parking: 4

Utilities

  • Cooling: Central, Wall/Window
  • Heating: Central, Gravity

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5515-003-005
  • Geocode Override: No
  • Lot Size Area: 17899

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Nov 19, 2013
Sold by
Ludwig Bruce L
Bought by
Beck Martin and Beck Beata
Seller's Agent
Rick Llanos
Coldwell Banker Realty
Buyer's Agent
Betsy Malloy
Christie's International Real Estate SoCal
List Price
$3,995,000
Sold Price
$3,932,280
Premium/Discount to List
-$62,720
-1.57%
Current Estimated Value
$7,315,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,382,757
Avg. Annual Appreciation
5.37%
Original Mortgage
$1,000,000
Outstanding Balance
$740,092
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$6,574,945

Purchase Details

Closed on
Sep 10, 1997
Sold by
Ludwig Bruce
Bought by
Ludwig Bruce L and Ludwig Carolyn K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Beck Martin $3,932,539 Equity Title Los Angeles
Ludwig Bruce L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Martin $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2013 12/17/13 Sold $3,932,280 -1.6% $701 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $3,995,000 -- $712 / 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 $60,294 $5,032,585 $3,648,041 $1,384,544
2024 $60,294 $4,933,908 $3,576,511 $1,357,397
2023 $59,123 $4,837,166 $3,506,384 $1,330,782
2022 $56,372 $4,742,321 $3,437,632 $1,304,689
2021 $55,689 $4,649,335 $3,370,228 $1,279,107
2019 $54,020 $4,511,435 $3,270,266 $1,241,169
2018 $53,675 $4,422,977 $3,206,144 $1,216,833
2017 $50,294 $4,153,470 $3,143,279 $1,010,191
2016 $49,191 $4,072,031 $3,081,647 $990,384
2015 $48,468 $4,010,866 $3,035,358 $975,508
2014 $48,599 $3,932,300 $2,975,900 $956,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 13-719691

The MLS

APN: 5515-003-005