$1,530,000
SOLD JUN 6, 2014

1716 Micheltorena St Los Angeles, CA 90026

3 Beds
4 Baths
2,174 Sq Ft
7,529 Sq Ft Lot

Recently Sold

$704 Per Sq Ft

1% Below List Price

44 Days on Market

Highlights

  • Detached Guest House
  • City View
  • Modern Architecture
  • John Marshall Senior High Rated A
  • Living Room with Fireplace
  • Bonus Room

About This Home

As of January 2024

Stunning architectural home with panoramic views! This sophisticated, light-filled home is perfect for entertaining. Enter this contemporary masterpiece to the kitchen with newer, high end appliances. There is a formal dining room, upstairs living/family room, and all three bedrooms on the same level. The large master bedroom suite has a dedicated bath and a large sunken shower. The other two bedrooms share a large, newly tiled bathroom. The sun drenched house with high ceilings throughout has windows and light from every room, yet is completely private. There is ample storage-inc. pantry, coat closet, garage and a very large detached bonus live/work studio with 3/4 bath which could be a game room, guest quarters, artist studio, recording studio, the sky is the limit! And speaking of sky, you will fall in love with the amazing views of downtown and Century City--which you can enjoy from one of several balconies or your large flat yard complete with hot tub and fruit trees.

Last Agent to Sell the Property

Leah Guerra

Compass License #01907093 Listed on: 03/30/2014

Compass

Last Buyer's Agent

Scott Patterson

Crescent Real Estate Corporation License #01737884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,788

Year Built

  • Built in 2001

Lot Details

  • 7,529 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Open Parking Spaces

Home Design

  • Modern Architecture

Interior Spaces

  • 2,174 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room
  • Concrete Flooring
  • City Views
  • Alarm System
  • Breakfast Bar
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

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: Modern
  • Street Number Display: Yes
  • Living Area: 2174
  • Year Built: 2001
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Cement
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: In Closet
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 712.97

Exterior Features

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

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5431-026-011
  • Geocode Override: No
  • Lot Size Area: 7529

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
$2,709,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,845
Avg. Annual Appreciation
1.26%
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
5.38%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,700,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $280,000 Ticor Title Company Of Ca
Grant Deed $1,530,000 Progressive Title Company
Grant Deed $1,550,000 California Title Company
Grant Deed $1,199,000 Chicago Title Co
Grant Deed $168,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,900,000 New Conventional
Previous Owner $1,687,500 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Credit Line Revolving
Previous Owner $817,500 Adjustable Rate Mortgage/ARM
Previous Owner $77,500 Credit Line Revolving
Previous Owner $1,162,500 Purchase Money Mortgage
Previous Owner $70,000 Unknown
Previous Owner $685,000 Purchase Money Mortgage
Previous Owner $340,000 Unknown
Previous Owner $295,000 No Value Available
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: 14-748445

The MLS

APN: 5431-026-011