NOT LISTED FOR SALE

Estimated Value: $5,282,000 - $9,103,000

5 Beds
5.5 Baths
4,775 Sq Ft
$1,373/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $4,746,810 $994 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $40,502/month

21 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Living Room with Fireplace
  • West Hollywood Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of April 2016

Beautiful well thought out contemporary view home located perfectly between the Bird streets and Sunset plaza on Rising Glen. From the moment you walkthroughthe grand foyer your eyes willimmediatelybe drawn to the spectacular city and canyon views.Perfect open flowing floor plan for today's modern living which include a massive great room that combines living, dining area, and kitchen all facing out towards your view. Featuresincludehigh beamed ceilings, skylights to flood the home with light, Crestron system, and walls of glass that bring the outside in. Gourmet kitchen with top of the line appliances, custom cabinetry, and breakfast bar and area. Four generous sized bedrooms plus an exceptional ultra private master suite featuring large closet andluxuriousspa like bathroom. Huge grassybackyardperfect for largescale entertainment which features pool, lounging area with fireplace and fountain all overlooking the city below.

Last Agent to Sell the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 01/21/2016

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Buyer's Agent

Matt Klein

Compass License #01905626

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,744

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Property is zoned LARE15

Parking

  • 6 Car Attached Garage

Property Views

  • City Lights
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,775 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Area
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Pool

  • In Ground Pool
  • Pool Cover

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5561-023-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,744

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4775
  • Stories: 1
  • Year Built: 1961
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1046.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Pool Cover, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Canyon, City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Attached, Garage, Garage - 3 Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5561-023-011
  • Geocode Override: No
  • Lot Size Area: 12217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 2, 2016
Sold by
Gulas Ivan and Gulas Beth
Bought by
1707 Rising Glen Llc
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Matt Klein
Compass
List Price
$4,995,000
Sold Price
$4,746,810
Premium/Discount to List
-$248,190
-4.97%
Current Estimated Value
$6,557,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,811,108
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Risto Llc
Bought by
Gulas Ivan and Gulas Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,583,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2004
Sold by
Monge Coup Llc
Bought by
Risto Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 13, 2002
Sold by
Welts Frederic Keith
Bought by
Monge Coup Llc and Howell Forty Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.99%

Purchase Details

Closed on
Jul 13, 1999
Sold by
Studley Investments Ltd
Bought by
Welts Frederick Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7%
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
1707 Rising Glen Llc $4,747,000 Fidelity Sherman Oaks
Gulas Ivan $3,700,037 None Available
Risto Llc $3,300,000 Provident Title
Monge Coup Llc -- Equity Title Company
Welts Frederick Keith $1,535,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1707 Rising Glen Llc $1,736,000
Closed 1707 Rising Glen Llc $3,085,426
Previous Owner Gulas Ivan $2,583,000
Previous Owner Risto Llc $1,700,000
Previous Owner Monge Coup Llc $900,000
Previous Owner Welts Frederick Keith $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2016 04/05/16 Sold $4,746,810 -5.0% $994 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $4,995,000 -- $1,046 / 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 $66,744 $5,619,481 $4,495,586 $1,123,895
2024 $66,744 $5,509,296 $4,407,438 $1,101,858
2023 $65,436 $5,401,271 $4,321,018 $1,080,253
2022 $62,393 $5,295,365 $4,236,293 $1,059,072
2021 $61,661 $5,191,535 $4,153,229 $1,038,306
2019 $59,733 $5,037,553 $4,030,043 $1,007,510
2018 $59,479 $4,938,778 $3,951,023 $987,755
2016 $46,202 $3,848,870 $3,079,097 $769,773
2015 $45,519 $3,791,058 $3,032,847 $758,211
2014 $45,641 $3,716,797 $2,973,438 $743,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-974195

The MLS

APN: 5561-023-011