NOT LISTED FOR SALE

1716 Micheltorena St Los Angeles, CA 90026

Estimated Value: $2,633,445 - $2,878,000

4 Beds
3.5 Baths
3,038 Sq Ft
$906/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $2,700,000 $889 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $16,897/month

19 Days on Market

Highlights

  • City Lights View
  • Den with Fireplace
  • Breakfast Area or Nook
  • John Marshall Senior High Rated A
  • No HOA
  • Walk-In Closet

About This Home

As of January 2024

Stunning Silverlake Architectural home with breathtaking jetliner views, panoramas of downtown and the majestic canyons. The Payne residence, built by Christopher Payne AIA of FIN Architecture, as the architect's personal residence leaves no stone unturned. As you enter, be greeted by a colorful torrazzo entry and sleek polished concrete floors that seamlessly flow throughout. The kitchen with durable caesarstone countertops is ideal for culinary enthusiasts. A generously sized view deck is perfect for summer BBQ's. Entertaining amidst the enchanting beauty of California landscape is a breeze. Walls of glass throughout the home capture expansive city views and the verdant private gardens. The formal dining room is ideal for hosting memorable gatherings. Upstairs, a spacious living/family room awaits, with tasteful cork floors and a fireplace providing a vantage point to immerse yourself in the vast cityscape views that stretch as far as the eye can see.This residence offers four bedrooms and 3.5 baths. The expansive primary bedroom features a generously-sized, Japanese soaking tub and a sunken shower, creating a spa-like atmosphere.The 1 bedroom and 1 bathroom live/work studio with vaulted plywood ceilings, fleetwood pocket sliding doors and private deck and patio puts a bow on this one. Also the two car garage with two additional spaces out front provides ample parking. Don't miss the opportunity to own this remarkable property that seamlessly blends modern design, awe-inspiring views.

Last Agent to Sell the Property

Anthony Stellini

Compass License #01710680 Listed on: 11/30/2023

Compass

Co-Listed By

Sherri Rogers

Compass License #01420104

Last Buyer's Agent

Gregory Harris

Compass License #01405806

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,788

Year Built

  • Built in 2001

Lot Details

  • 7,532 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Interior Spaces

  • 3,038 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Den with Fireplace
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5431-026-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,788

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 3038
  • Lot Acreage: 0.1728
  • Year Built: 2001
  • Number Of Photos: 60
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Cement
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 920.01

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 1 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5431-026-011
  • Lot Size Area: 7532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jan 25, 2024
Sold by
Jefferyd Mcfarland Revocable Living Trus
Bought by
Goldie Summers Trust and Kobay
Seller's Agent
Anthony Stellini
Compass
Buyer's Agent
Gregory Harris
Compass
List Price
$2,795,000
Sold Price
$2,700,000
Premium/Discount to List
-$95,000
-3.4%
Views
97
Current Estimated Value
$2,752,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,611
Avg. Annual Appreciation
1.27%
Original Mortgage
$1,900,000
Outstanding Balance
$1,863,675
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$888,936

Purchase Details

Closed on
Mar 31, 2020
Sold by
Mcfarland Jeffery David
Bought by
Mcfarland Jeffery D and Mcfarland Jeffery D

Purchase Details

Closed on
Sep 8, 2016
Sold by
Mcfarland Melanie Bautista
Bought by
Mcfarland Jeffery David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 30, 2014
Closed on
May 15, 2014
Sold by
Gomez Jesse A
Bought by
Mcfarland Jeffery David and Mcfarland Melanie Bautista
Seller's Agent
Leah Guerra
Compass
Buyer's Agent
Scott Patterson
Crescent Real Estate Corporation
List Price
$1,550,000
Sold Price
$1,530,000
Premium/Discount to List
-$20,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$500,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 8, 2007
Sold by
Altman Matthew J
Bought by
Gomez Jesse A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 20, 2004
Sold by
Payne Christopher D
Bought by
Altman Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2000
Sold by
Wolff Gary R Tr Gary R Wolff Trust
Bought by
Payne Christopher D and Palmer Payne Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.98%
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
Goldie Summers Trust $2,700,000 Fidelity National Title
Mcfarland Jeffery D -- None Available
Mcfarland Jeffery David $280,000 Ticor Title Company Of Ca
Mcfarland Jeffery David $1,530,000 Progressive Title Company
Gomez Jesse A $1,550,000 California Title Company
Altman Matthew J $1,199,000 Chicago Title Co
Payne Christopher D $168,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldie Summers Trust $1,900,000
Previous Owner Mcfarland Jeffery David $1,687,500
Previous Owner Mcfarland Jeffery David $500,000
Previous Owner Mcfarland Jeffery David $817,500
Previous Owner Gomez Jesse A $77,500
Previous Owner Gomez Jesse A $1,162,500
Previous Owner Altman Matthew J $70,000
Previous Owner Altman Matthew J $685,000
Previous Owner Payne Christopher D $340,000
Previous Owner Payne Christopher D $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $2,700,000 -3.4% $889 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $2,795,000 0.0% $920 / Sq Ft
07/07/2020 07/07/20 Rented $7,150 -4.0% --
06/16/2020 06/16/20 Price Changed $7,450 -3.9% $3 / Sq Ft
03/09/2020 03/09/20 For Rent $7,750 +10.7% --
12/15/2018 12/15/18 Rented $7,000 -2.8% --
11/10/2018 11/10/18 For Rent $7,200 0.0% --
06/06/2014 06/06/14 Sold $1,530,000 -1.3% $704 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
03/30/2014 03/30/14 For Sale $1,550,000 -- $713 / 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 $22,788 $2,754,000 $2,223,090 $530,910
2024 $22,788 $1,874,217 $1,142,811 $731,406
2023 $22,342 $1,837,468 $1,120,403 $717,065
2022 $21,293 $1,801,440 $1,098,435 $703,005
2021 $21,036 $1,766,119 $1,076,898 $689,221
2020 $21,255 $1,748,010 $1,065,856 $682,154
2019 $20,400 $1,713,736 $1,044,957 $668,779
2018 $20,318 $1,680,134 $1,024,468 $655,666
2016 $19,069 $1,584,365 $984,688 $599,677
2015 $18,788 $1,560,568 $969,898 $590,670
2014 $18,880 $1,540,000 $1,043,100 $496,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-335969

The MLS

APN: 5431-026-011