NOT LISTED FOR SALE

1933 Phillips Way Los Angeles, CA 90042

Estimated Value: $1,414,000 - $1,611,000

2 Beds
2 Baths
1,250 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $1,376,000 $1,101 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,292/month

9 Days on Market

Highlights

  • Art Studio
  • Wood Flooring
  • Home Office
  • Mountain View
  • No HOA
  • Breakfast Bar

About This Home

As of July 2021

This magical hillside retreat is fully renovated, light-filled & features wide plank oak floors, an open dining/living room & a chefs kitchen w/ granite countertops & SS appliances. The impressive views of the adjacent hills will entice you out to an oversized redwood deck where hummingbirds greet you as you sip your morning coffee & sunsets bathe you in a golden glow. There is one x-large bedrm, w/ room for an office, & one full bath on this floor. One level down is the primary bedroom with ensuite bath & walk-in closet. Walk out to another lg deck with multiple seating areas, and then stroll down to the expansive grassy yard with mature fruit trees, an organic vegetable garden and the star of the show, a majestic 100-year-old pine tree. A bonus artist's studio will make working from home a joy. Sale includes plans w/ permits for a lower-level addition. Walking distance to all the shops & restaurants on York Blvd and a 5-minute drive to Trader Joe's in Eagle Rock.

Last Agent to Sell the Property

Penelope Stipanovich

Compass License #02024827 Listed on: 06/14/2021

Compass

Last Buyer's Agent

Andrew Sanchez

ACME Real Estate License #01918602

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,370

Year Built

  • Built in 1922

Lot Details

  • 4,908 Sq Ft Lot
  • Lot Dimensions are 47x101
  • West Facing Home
  • Property is zoned LAR1

Home Design

  • Bungalow

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Home Office
  • Art Studio
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Carport

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5479-018-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,370

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: An idyllic hillside retreat in prime Highland Park. The light-filled open living space includes a dining room, living room island kitchen w/ direct access to an oversized redwood deck where hummingbirds greet you as you sip your morning coffee and sunsets bathe you in a golden glow after a long day's work. There is one oversized bedroom, with plenty of room for an office, and one full bath on this floor. One level down is the 2nd spacious bedroom w/ ensuite bath and walk-in closet. Walk out to another large deck with multiple seating areas, and then stroll down to the expansive grassy yard with mature fruit trees, an organic vegetable garden and the star of the show, a majestic 100+ year-old pine tree. Working from home with be a joy in the fully sound proofed artists studio. Walking distance to the shops & restaurants on York Blvd and a 5 minute drive to Trader Joe's in Eagle Rock.
  • Living Area: 1250
  • Lot Acreage: 0.1127
  • Lot Dimensions: 47x101
  • Stories: 1
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Dryer, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Vented Exhaust Fan, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 935.20

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5479-018-029
  • Lot Size Area: 4908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2018
Sold by
Mile 2446 Holding Llc
Bought by
Roessner Chris and Koorse Sneha
Current Estimated Value
$1,491,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$712,972
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$778,328

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 13, 2016
Sold by
Stipanovich Cesare T and Stipanovich Penelope
Bought by
Mile 2446 Holdings Llc
Seller's Agent
Brian Veasman
Compass
Buyer's Agent
Brian Veasman
Compass
Sold Price
$3,700

Purchase Details

Listed on
Nov 5, 2015
Closed on
Jan 22, 2016
Sold by
Ocean Develoment Inc
Bought by
Stipanovich Cesare T and Stipanovich Penelope
Seller's Agent
Imraan Ali
Compass
Buyer's Agent
Kayleigh Lamb
Hilton & Hyland
List Price
$799,000
Sold Price
$770,000
Premium/Discount to List
-$29,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$520,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 2005
Sold by
Fobes Joan
Bought by
Fobes Joan and The Joan Fobes Revocable Trust

Purchase Details

Closed on
Aug 4, 2004
Sold by
Citizens Business Bank
Bought by
Citizens Business Bank and The John D & Frances Joy Fobes Family Tr

Purchase Details

Closed on
Jan 13, 2004
Sold by
Citizens Business Bank
Bought by
Fobes Joan
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
Roessner Chris $1,000,000 Equity Title
Mile 2446 Holdings Llc -- None Available
Stipanovich Cesare T $770,000 Lawyers Title La
Fobes Joan -- --
Fobes Joan -- --
Citizens Business Bank -- --
Fobes Joan -- --
Fobes Joan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roessner Chris $800,000
Previous Owner Stipanovich Cesare T $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2021 07/12/21 Sold $1,376,000 +17.7% $1,101 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $1,169,000 0.0% $935 / Sq Ft
05/18/2017 05/18/17 Rented $4,000 0.0% --
05/02/2017 05/02/17 For Rent $4,000 +8.1% --
06/01/2016 06/01/16 Rented $3,700 +2.8% --
05/09/2016 05/09/16 Under Contract -- -- --
05/05/2016 05/05/16 For Rent $3,600 0.0% --
02/24/2016 02/24/16 Sold $770,000 -3.6% $587 / Sq Ft View Prior Sale
01/20/2016 01/20/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $799,000 +53.7% $609 / Sq Ft
06/12/2015 06/12/15 Sold $520,000 0.0% $591 / Sq Ft View Prior Sale
05/10/2015 05/10/15 Pending -- -- --
05/07/2015 05/07/15 Off Market $520,000 -- --
05/04/2015 05/04/15 For Sale $399,000 -- $453 / 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 $17,370 $1,460,221 $1,061,208 $399,013
2024 $17,370 $1,431,590 $1,040,400 $391,190
2023 $17,029 $1,403,520 $1,020,000 $383,520
2022 $16,227 $1,376,000 $1,000,000 $376,000
2021 $12,209 $1,030,566 $772,925 $257,641
2020 $12,335 $1,020,000 $765,000 $255,000
2019 $11,838 $1,000,000 $750,000 $250,000
2018 $9,539 $785,400 $581,400 $204,000
2017 $9,311 $770,000 $570,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-746772

The MLS

APN: 5479-018-029