NOT LISTED FOR SALE

Estimated Value: $2,156,000 - $2,957,000

4 Beds
5 Baths
3,986 Sq Ft
$655/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $1,812,000 $455 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $15,862/month

56 Days on Market

Highlights

  • Sauna
  • Conservatory Room
  • Wood Flooring
  • 14,906 Sq Ft lot
  • Living Room with Fireplace
  • Tudor Architecture

About This Home

As of October 2017

Fabulous mini-estate in the heart of La Fayette Sq (HPOZ). Timeless beauty and fine details define this 1931Tudor style home boasting 3986 sq ft. This residence was the long time home to the first African American women appointed to a judgeship in California. The home encompasses many original details such as a formal foyer with magnesite floors, grand staircase, spacious bright formal dining room, living room with wood burning fireplace, original sconces and beamed ceiling. Original hardwood floors throughout, paneled library with second fireplace and large windows looking into the gardens. Updated kitchen w/Wolf range and Carrera marble tops. There is a family room/den w/built-in bar leading to a conservatory with vaulted ceiling creating dramatic space and volume. There are four bedrooms and five baths. All of the bedrooms have en-suite baths. The outdoor features extensive gardens, patios with lots of privacy. The14906 sq ft lot and a two car garage complete this trophy property.

Last Agent to Sell the Property

Nick Mercado

Sotheby's International Realty License #01348465 Listed on: 07/17/2017

Sotheby's International Realty

Last Buyer's Agent

Kyi Lee

KORUS Real Estate License #01815410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,289

Year Built

  • Built in 1931

Lot Details

  • 0.34 Acre Lot
  • West Facing Home
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage

Home Design

  • Tudor Architecture

Interior Spaces

  • 3,986 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library with Fireplace
  • Conservatory Room
  • Sauna
  • Center Hall
  • Alarm System
  • Property Views
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5071-003-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,289

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tudor
  • Street Number Display: Yes
  • Living Area: 3986
  • Probate: No
  • Stories: 2
  • Year Built: 1931
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Island, Remodeled
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Dishwasher, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 470.40

Exterior Features

  • Direction Faces: West
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5071-003-022
  • Geocode Override: No
  • Lot Size Area: 14906

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2017
Closed on
Sep 15, 2017
Sold by
Cannady Cynthia
Bought by
Park No Chung and Park Hyun Ja
Seller's Agent
Nick Mercado
Sotheby's International Realty
Buyer's Agent
Kyi Lee
KORUS Real Estate
List Price
$1,975,000
Sold Price
$1,812,000
Premium/Discount to List
-$163,000
-8.25%
Current Estimated Value
$2,611,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,914
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,268,400
Outstanding Balance
$1,092,015
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,519,899

Purchase Details

Closed on
Jul 30, 2009
Sold by
Spencer V H
Bought by
Spencer Vaino and Vaino Spencer Revocable Trust
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
Park No Chung $1,812,000 Fidelity National Title
Spencer Vaino -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park No Chung $1,268,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $1,812,000 -3.4% $455 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/22/2017 08/22/17 Price Changed $1,875,000 -5.1% $470 / Sq Ft
07/17/2017 07/17/17 For Sale $1,975,000 0.0% $495 / Sq Ft
06/07/2017 06/07/17 Rented $7,000 0.0% --
06/06/2017 06/06/17 For Rent $7,000 -- --
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 $26,289 $2,175,980 $1,649,394 $526,586
2024 $26,289 $2,133,314 $1,617,053 $516,261
2023 $24,418 $1,981,682 $1,585,347 $396,335
2022 $23,289 $1,942,826 $1,554,262 $388,564
2021 $22,983 $1,904,733 $1,523,787 $380,946
2019 $22,298 $1,848,240 $1,478,592 $369,648
2018 $22,162 $1,812,000 $1,449,600 $362,400
2017 $21,607 $1,770,000 $1,300,000 $470,000
2016 $5,153 $403,225 $115,738 $287,487
2015 $5,081 $397,169 $114,000 $283,169
2014 $5,108 $389,390 $111,767 $277,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-252262

The MLS

APN: 5071-003-022