NOT LISTED FOR SALE

131 S Rossmore Ave Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $5,058,000 - $8,675,000

5 Beds
3.5 Baths
4,630 Sq Ft
$1,402/Sq Ft Est. Value

Last Sold May 08, 2014

Last sale price $3,025,000 $653 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $40,171/month

13 Days on Market

Highlights

  • Detached Guest House
  • 18,750 Sq Ft lot
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Family Room with Fireplace
  • Mediterranean Architecture

About This Home

As of May 2014

Gated Classic Hancock Park beauty with great curb appeal and circular driveway framed by tall hedges for privacy. This home offers 4 bedrooms plus maid's and 3.5 baths. Architectural details throughout includes a curved staircase with original tiled floors in the center hall entry, high ceilings and beautiful hardwood floors. Large formal living room w/marble f/p, spacious formal dining room w/fl to ceiling bay window and family room w/beautiful fireplace opens to covered patio. Gourmet light filled kitchen w/breakfast area and lovely alcove which opens to the patio and pool area with French doors. Gorgeous swimming pool situated on 18,700 sq/ft of private sprawling park like lawns w/ gardens, mature trees and fountains. Property is in HPOZ zone.

Last Agent to Sell the Property

Myra Nourmand

Nourmand & Associates-BH License #00983509 Listed on: 03/27/2014

Nourmand & Associates-BH

Last Buyer's Agent

Myra Nourmand

Nourmand & Associates-BH License #00983509 Listed on: 03/27/2014

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,141

Year Built

  • Built in 1924

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 100x185
  • Property is zoned LARE11

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,630 Sq Ft Home
  • 2-Story Property
  • Bar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Center Hall

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5515-010-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,141

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 4630
  • Lot Dimensions: 100x185
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 637.15

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5515-010-009
  • Geocode Override: No
  • Lot Size Area: 18750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2014
Closed on
Apr 29, 2014
Sold by
Walker Bruce H
Bought by
Puig Michael and The 131 South Rossmore Avenue Trust
Seller's Agent
Myra Nourmand
Nourmand & Associates-BH
Buyer's Agent
Myra Nourmand
Nourmand & Associates-BH
List Price
$2,950,000
Sold Price
$3,025,000
Premium/Discount to List
$75,000
2.54%
Current Estimated Value
$6,489,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,464,517
Avg. Annual Appreciation
7.17%
Original Mortgage
$2,000,000
Outstanding Balance
$1,545,049
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,030,428

Purchase Details

Closed on
Jan 19, 2011
Sold by
Walker Bruce H and Walker Betty C
Bought by
Walker Bruce H and Walker Betty C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Walker Bruce H and Walker Betty C
Bought by
Walker Bruce H and Walker Betty C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2004
Sold by
Keegan Michael
Bought by
Walker Bruce H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2003
Sold by
Barnes Willie R and Barnes Barbara Bailey
Bought by
Keegan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
4.5%
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
Puig Michael $3,025,000 Progressive Title
Walker Bruce H -- None Available
Walker Bruce H -- Fidelity National Title Co
Walker Bruce H -- None Available
Walker Bruce H -- Fidelity National Title Co
Walker Bruce H -- Equity Title Company
Keegan Michael $1,525,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puig Michael $2,000,000
Previous Owner Walker Bruce H $1,485,000
Previous Owner Walker Bruce H $1,000,000
Previous Owner Walker Bruce H $1,000,000
Previous Owner Walker Bruce H $1,400,000
Previous Owner Walker Bruce H $1,400,000
Previous Owner Walker Bruce H $1,100,000
Previous Owner Keegan Michael $495,000
Previous Owner Keegan Michael $945,000
Previous Owner Keegan Michael $945,000
Closed Keegan Michael $275,000
Closed Walker Bruce H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2014 05/08/14 Sold $3,025,000 +2.5% $653 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $2,950,000 0.0% $637 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $2,950,000 -- $637 / 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
2024 $51,141 $4,200,362 $2,908,416 $1,291,946
2023 $50,145 $4,118,003 $2,851,389 $1,266,614
2022 $47,803 $4,037,259 $2,795,480 $1,241,779
2021 $47,220 $3,958,098 $2,740,667 $1,217,431
2019 $45,798 $3,840,700 $2,659,378 $1,181,322
2018 $39,511 $3,259,040 $2,607,234 $651,806
2016 $37,797 $3,132,490 $2,505,993 $626,497
2015 $37,241 $3,085,438 $2,468,351 $617,087
2014 -- $2,973,488 $2,422,003 $551,485
Source: Public Records

Agents Affiliated with this Home

  • Myra Nourmand

    Seller's Agent in 2014

    Myra Nourmand

    Nourmand & Associates-BH

    (323) 460-6360

    34 Total Sales

    Myra Nourmand
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Map

Source: The MLS

MLS Number: 14-747219

The MLS

APN: 5515-010-009

California Los Angeles County Los Angeles 90004 Hancock Park

131 S Rossmore Ave, Los Angeles, CA

This home is located at 131 S Rossmore Ave, Los Angeles, CA 90004 since 27 March 2014 and is currently estimated at $6,489,517, approximately $1,401 per square foot. This property was built in 1924. 131 S Rossmore Ave is a home located in Los Angeles County with nearby schools including Third Street Elementary School, John Burroughs Middle School, and Fairfax High School.

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