NOT LISTED FOR SALE

Estimated Value: $4,220,000 - $5,921,000

5 Beds
5 Baths
4,775 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $3,400,000 $712 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $28,989/month

173 Days on Market

Highlights

  • Heated In Ground Pool
  • Marble Flooring
  • No HOA
  • City View
  • Spanish Architecture
  • Home Office

About This Home

As of December 2018

SELLERS MUST SELL. HUGE PRICE REDUCTION... on this Classic Hollywood Spanish estate, nestled in the Hollywood Hills above famous Sunset Boulevard and within distance to the Hollywood Bowl, enjoys spectacular views and an expansive patio with a large salt water pool, fabulous for entertaining.Hillcrest is a completely remodeled (like "new") flawless piece of art. a home and fall in love with the Spanish wood detail, stunning fireplace, luxurious Master bed & bath, many terraces, fire pit, and of course the views and the pool!Hillcrest is the perfect home for a everyone. Two private garages (room for 6 cars) plus landscaping designed for privacy complete this estate. Take a bite out of LA's incredible lifestyle from this magnificent property.

Last Agent to Sell the Property

Stacey Valnes

Create License #00989680 Listed on: 05/30/2018

Co-Listed By

Heather Bell

The Agency License #01897826

Last Buyer's Agent

Oliver Thornton

Hollywood Estates License #01969227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,346

Year Built

  • Built in 1929

Lot Details

  • 0.26 Acre Lot
  • Gated Home
  • Property is zoned LAR2

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 4,775 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Auto Driveway Gate
  • Driveway

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Open Patio

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5549-019-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,346

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: SELLERS MUST SELL. HUGE PRICE REDUCTION... on this Classic Hollywood Spanish estate, nestled in the Hollywood Hills above famous Sunset Boulevard and within distance to the Hollywood Bowl, enjoys spectacular views and an expansive patio with a large salt water pool, fabulous for entertaining.Hillcrest is a completely remodeled (like "new") flawless piece of art. a home and fall in love with the Spanish wood detail, stunning fireplace, luxurious Master bed & bath, many terraces, fire pit, and of course the views and the pool!Hillcrest is the perfect home for a everyone. Two private garages (room for 6 cars) plus landscaping designed for privacy complete this estate. Take a bite out of LA's incredible lifestyle from this magnificent property.
  • Living Area: 4775
  • Stories: 3
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Hardwood, Marble, Stained Concrete, Stone Tile
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 731.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, Private, Salt/Saline
  • Pool: Yes
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway - Concrete, Driveway Gate, Garage - 2 Car

Utilities

  • Cooling: Central, Dual, Multi/Zone
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5549-019-018
  • Geocode Override: No
  • Lot Size Area: 11440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2019
Sold by
Care Prescription Management Inc
Bought by
Blanco Poch
Current Estimated Value
$4,816,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,306,400
Outstanding Balance
$2,020,522
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,795,771

Purchase Details

Listed on
May 30, 2018
Closed on
Nov 19, 2018
Sold by
1951 Hillcrest Road Llc
Bought by
Care Prescription Management Inc
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Oliver Thornton
Hollywood Estates
List Price
$3,895,000
Sold Price
$3,400,000
Premium/Discount to List
-$495,000
-12.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$2,210,000
Interest Rate
4.9%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 7, 2016
Sold by
Otis Lambert Financial Group Llc
Bought by
1951 Hillcrest Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2016
Sold by
Otis James L
Bought by
Otis Lambert Financial Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 25, 2014
Closed on
Jan 9, 2015
Sold by
Otis Lambert Financial Group Llc
Bought by
Otis James L
Seller's Agent
Christopher Quintal
Century City Realtors
Buyer's Agent
Sally Forster Jones
Compass
List Price
$2,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$1,100,000
-39.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Listed on
Aug 25, 2014
Closed on
Oct 21, 2014
Sold by
Reycraft Richard M
Bought by
Otis Lambert Financial Group Llc
Seller's Agent
Christopher Quintal
Century City Realtors
Buyer's Agent
Sally Forster Jones
Compass
List Price
$2,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$1,100,000
-39.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,475,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2005
Sold by
Miller Helen R
Bought by
Reycraft Richard M

Purchase Details

Closed on
Mar 10, 2005
Sold by
Reycraft Richard M
Bought by
Reycraft Richard M and Miller Helen R

Purchase Details

Closed on
Jun 16, 2004
Sold by
Miller Helen R
Bought by
Reycraft Richard M

Purchase Details

Closed on
Apr 8, 2003
Sold by
Miller Helen R and Restated Helen R Miller Trust
Bought by
Miller Helen R and Reycraft Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2003
Sold by
Reycraft Richard M and Miller Helen R
Bought by
Miller Helen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2002
Sold by
Miller Helen Raycraft
Bought by
Miller Helen R and Restated Helen R Miller Trust

Purchase Details

Closed on
Sep 15, 2001
Sold by
Mailloux Bret and Mailloux Andre
Bought by
Miller Helen Reycraft

Purchase Details

Closed on
Aug 4, 2000
Sold by
Miller Helen R and Helen R Miller Trust
Bought by
Miller Helen R and Mailloux Bret

Purchase Details

Closed on
Nov 10, 1999
Sold by
Miller Helen R
Bought by
Miller Helen R and The Restated Helen R Miller Tr
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
Blanco Poch -- Westminster Title
Care Prescription Management Inc $3,400,000 Lawyers Title
1951 Hillcrest Road Llc -- California Title Company
Otis Lambert Financial Group Llc -- Fidelity Sherman Oaks
Otis James L -- None Available
Otis Lambert Financial Group Llc $1,700,000 Old Republic Title Co
Reycraft Richard M -- None Available
Reycraft Richard M -- --
Reycraft Richard M -- --
Miller Helen R -- --
Miller Helen R -- --
Miller Helen R -- --
Miller Helen Reycraft -- --
Mailloux Bret -- --
Miller Helen R -- --
Miller Helen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Poch $2,306,400
Previous Owner Care Prescription Management Inc $2,210,000
Previous Owner 1951 Hillcrest Road Llc $2,600,000
Previous Owner Otis Lambert Financial Group Llc $300,000
Previous Owner Otis Lambert Financial Group Llc $1,475,000
Previous Owner Miller Helen R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2018 12/31/18 Sold $3,400,000 -2.7% $712 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $3,495,000 -10.3% $732 / Sq Ft
09/19/2018 09/19/18 For Sale $3,895,000 +14.6% $816 / Sq Ft
09/18/2018 09/18/18 Off Market $3,400,000 -- --
09/18/2018 09/18/18 Price Changed $3,895,000 -7.2% $816 / Sq Ft
05/30/2018 05/30/18 For Sale $4,195,000 +146.8% $879 / Sq Ft
11/21/2014 11/21/14 Sold $1,700,000 -29.2% $396 / Sq Ft View Prior Sale
10/16/2014 10/16/14 Pending -- -- --
09/17/2014 09/17/14 Price Changed $2,400,000 -14.3% $559 / Sq Ft
08/25/2014 08/25/14 For Sale $2,800,000 -- $652 / 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 $45,346 $3,792,760 $3,346,555 $446,205
2024 $45,346 $3,718,393 $3,280,937 $437,456
2023 $44,465 $3,645,484 $3,216,605 $428,879
2022 $42,416 $3,574,005 $3,153,535 $420,470
2021 $41,904 $3,503,927 $3,091,701 $412,226
2020 $42,273 $3,468,000 $3,060,000 $408,000
2019 $40,578 $3,400,000 $3,000,000 $400,000
2018 $37,900 $3,120,490 $2,040,000 $1,080,490
2016 $21,057 $1,725,925 $1,218,300 $507,625
2015 $20,750 $1,700,000 $1,200,000 $500,000
2014 $8,690 $671,408 $469,992 $201,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-341774

The MLS

APN: 5549-019-018