NOT LISTED FOR SALE

Estimated Value: $811,000 - $1,171,000

2 Beds
2 Baths
1,429 Sq Ft
$600/mo HOA Fee

Last Sold March 16, 2022

Last sale price $925,000 $647 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,639/month

19 Days on Market

Highlights

  • 24-Hour Security
  • Primary Bedroom Suite
  • City Lights View
  • In Ground Pool
  • Automatic Gate
  • 5-minute walk to Laurel Avenue Park

About This Home

As of March 2022

Welcome to the Laurel Villas. A Midcentury Modern Haven in a great location. Situated at the entrance to Laurel Canyon Blvd for easy access to the studios and the Valley. Plus it's just a block away from West Hollywood and the Sunset Strip. Plenty of shopping , dining and nightlife. This unit is on the top floor with a balcony with views of the hills, city scape and even the mountains. This unit is flooded with sunlight all day. It features the original kitchen from 1961. Huge Master suite along with large second bedroom. There's a beautiful pool to relax in. Community laundry on the premises and two side by side parking spots! Freshly painted and newly carpeted and ready to move in !

Last Agent to Sell the Property

Anthony John Cannella

Douglas Elliman License #01247400 Listed on: 01/25/2022

Last Buyer's Agent

Rebecca Locke

Equity Union License #01818907

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,737

Year Built

  • Built in 1961

Lot Details

  • End Unit
  • Gated Home

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • City Lights
  • Canyon
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Bar
  • Sliding Doors
  • Dining Area
  • Closed Circuit Camera

Kitchen

  • Double Oven
  • Electric Cooktop
  • Freezer
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • 2 Full Bathrooms
  • Low Flow Toliet

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Automatic Gate

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 5551-017-060

Community Details

Overview

  • Association fees include maintenance paid
  • 21 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,737

Year Built

Built in 1961

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Laurel Villas
  • Entry Floor: 3
  • Entry Location: Ground Level w/steps
  • Living Area: 1429
  • Lot Acreage: 0.3671
  • Planned Urban Dev: 0
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Bar
  • Flooring: Carpet, Linoleum
  • Appliances: Cooktop - Electric, Double Oven
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s)
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Formica Counters
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Freezer, Elevator, Refrigerator, Range/Oven
  • Price Per S Q F T: 622.11

Exterior Features

  • Other Features: Balcony, End Unit, Sliding Glass Doors
  • Patio: Balcony
  • Pool Description: Community
  • Pool: Yes
  • View: Canyon, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector, Gated
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Gated Parking, Pool, Security, Extra Storage, Controlled Access
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance Paid
  • High Rise: 24-Hour Closed Circuit Building
  • HOA Fees: 600.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5551-017-060
  • Lot Size Area: 15992

Multi Family

  • Number Of Units: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 28, 2022
Sold by
J Melvin Smith Living Trust and Marsella Al
Bought by
Praed Brett D
Seller's Agent
Anthony John Cannella
Douglas Elliman
Buyer's Agent
Rebecca Locke
Equity Union
List Price
$889,000
Sold Price
$925,000
Premium/Discount to List
$36,000
4.05%
Current Estimated Value
$958,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,400
Avg. Annual Appreciation
0.96%
Original Mortgage
$693,750
Outstanding Balance
$646,646
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$311,754

Purchase Details

Closed on
May 7, 2004
Sold by
Loef Jennifer
Bought by
Perry Daniel Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Praed Brett D $925,000 Chicago Title
Perry Daniel Gordon $410,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Praed Brett D $693,750
Previous Owner Perry Daniel Gordon $328,000
Closed Perry Daniel Gordon $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $925,000 +4.0% $647 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $889,000 -- $622 / 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 $11,737 $981,617 $424,483 $557,134
2024 $11,737 $962,370 $416,160 $546,210
2023 $11,596 $943,500 $408,000 $535,500
2022 $10,873 $906,897 $412,226 $494,671
2021 $10,738 $889,116 $404,144 $484,972
2019 $2,693 $217,721 $134,248 $83,473
2018 $2,674 $213,453 $131,616 $81,837
2016 $2,511 $205,166 $126,506 $78,660
2015 $2,474 $202,085 $124,606 $77,479
2014 $2,489 $198,128 $122,166 $75,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-121561

The MLS

APN: 5551-017-060