NOT LISTED FOR SALE

1987 Phillips Way Los Angeles, CA 90042

Eagle Rock Neighborhood

Estimated Value: $2,315,000 - $2,769,000

6 Beds
4 Baths
4,256 Sq Ft
$608/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $1,443,200 $339 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $15,992/month

47 Days on Market

Highlights

  • Gated Parking
  • 15,700 Sq Ft lot
  • Contemporary Architecture
  • Panoramic View
  • Maid or Guest Quarters
  • Living Room with Fireplace

About This Home

As of August 2018

Take in the panoramic views and watch the hawks soar from 3500 sf of walk-out roofs and patios. This huge house was throughly remodeled and made for entertaining, offering an open floor plan and views from every room. Perfect for live/work space or an extended family, with a large guest suite that can be internally integrated or not into the rest of the home. New roof and decks; new windows and doors; new FSC certified, zero VOC oak flooring; new drip-irrigated landscaping; 2 new A/C units; new premium appliances throughout. Gated; oversized 2+ car garage; extra driveway parking can fit over 5 cars; 2 sets of laundry hook-ups; approximately 270-degree panoramic view. 1/3 acre lot. Located moments from York Blvd., Eagle Rock and Occidental College. Check the cost per square foot here and really appreciate this home's inherent value!

Last Agent to Sell the Property

Richard Stanley

Coldwell Banker Realty License #00971211 Listed on: 06/04/2018

Coldwell Banker Realty

Last Buyer's Agent

Jeremiah Vancans

Compass License #01944484

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,456

Year Built

  • Built in 1989

Lot Details

  • 0.36 Acre Lot
  • Property is zoned LARE11

Property Views

  • Panoramic
  • City Lights
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,256 Sq Ft Home
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry in Garage
  • Laundry in Kitchen
  • Gas Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • Gated Parking

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5479-019-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,456

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4256
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Garage, In Kitchen
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 328.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Hills, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Gated

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5479-019-061
  • Geocode Override: No
  • Lot Size Area: 15700

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 31, 2018
Sold by
Fortuna Pacific Properties Llc
Bought by
Mohaupt Hermann Siegfried Jorg and Groenestein Elaine Adriana
Seller's Agent
Richard Stanley
Coldwell Banker Realty
Buyer's Agent
Jeremiah Vancans
Compass
List Price
$1,599,000
Sold Price
$1,443,200
Premium/Discount to List
-$155,800
-9.74%
Current Estimated Value
$2,589,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,146,441
Avg. Annual Appreciation
8.43%

Purchase Details

Listed on
Oct 19, 2017
Closed on
Dec 14, 2017
Sold by
Paltao Jimmy C and Paltao Emerita P
Bought by
Fortuna Pacific Properties Llc
Seller's Agent
Cyndy Nguyen
Coldwell Banker Realty
Buyer's Agent
Cyndy Nguyen
Coldwell Banker Realty
List Price
$999,999
Sold Price
$965,000
Premium/Discount to List
-$34,999
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.18%

Purchase Details

Closed on
Apr 14, 2014
Sold by
Paltao Jimmy C and Paltao Emerita P
Bought by
The Paltao Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 3, 2009
Sold by
Paltao Emerita P
Bought by
Paltao Trust

Purchase Details

Closed on
Oct 19, 2007
Sold by
Paltao Jimmy and Paltao Emerita
Bought by
Paltao Emerita

Purchase Details

Closed on
Jan 7, 2004
Sold by
Jlacj Family Lp
Bought by
Paltao Jimmy C and Paltao Emerita P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 21, 2001
Sold by
Paltao Jimmy and Paltao Emerita
Bought by
Jlacj Family Ltd Partnership

Purchase Details

Closed on
Sep 2, 1999
Sold by
Paltao Jimmy C and Paltao Emerita P
Bought by
Paltao Jimmy C and Paltao Emerita P
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
Mohaupt Hermann Siegfried Jorg $1,443,500 Equity Title Los Angeles
Fortuna Pacific Properties Llc $965,000 Old Republic Title Company
The Paltao Trust -- First American Title Company
Paltao Trust -- None Available
Paltao Emerita -- Commonwealth Title Co
Paltao Jimmy -- Gateway Title Company
Paltao Jimmy C -- Stewart Title Company
Jlacj Family Lp -- Stewart Title Company
Jlacj Family Ltd Partnership -- --
Paltao Jimmy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Paltao Trust $409,000
Previous Owner Paltao Jimmy C $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2018 08/10/18 Sold $1,443,200 +3.2% $339 / Sq Ft
07/12/2018 07/12/18 Price Changed $1,399,000 -6.7% $329 / Sq Ft
06/15/2018 06/15/18 Price Changed $1,499,000 -6.3% $352 / Sq Ft
06/04/2018 06/04/18 For Sale $1,599,000 +65.7% $376 / Sq Ft
01/18/2018 01/18/18 Sold $965,000 -3.5% $227 / Sq Ft View Prior Sale
12/13/2017 12/13/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $999,999 0.0% $235 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $999,999 -- $235 / 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 $28,456 $2,361,186 $1,542,889 $818,297
2024 $28,456 $2,314,889 $1,512,637 $802,252
2023 $27,905 $2,269,500 $1,482,978 $786,522
2022 $18,357 $1,517,060 $1,061,059 $456,001
2021 $18,122 $1,487,314 $1,040,254 $447,060
2019 $17,585 $1,443,200 $1,009,400 $433,800
2018 $5,070 $383,876 $23,437 $360,439
2016 $4,809 $368,972 $22,528 $346,444
2015 $4,743 $363,431 $22,190 $341,241
2014 $4,769 $356,313 $21,756 $334,557
Source: Public Records

Agents Affiliated with this Home

  • Richard Stanley

    Seller's Agent in 2018

    Richard Stanley

    Coldwell Banker Realty

    (213) 300-4567

    37 Total Sales

    Richard Stanley
    Section Image
  • Cyndy Nguyen

    Seller's Agent in 2018

    Cyndy Nguyen

    Coldwell Banker Realty

    (323) 300-1733

    53 Total Sales

    Cyndy Nguyen
    Section Image
  • Jeremiah Vancans

    Buyer's Agent in 2018

    Jeremiah Vancans

    Compass

    (310) 363-1416

    1 in this area

    96 Total Sales

    Jeremiah Vancans
    Section Image
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Map

Source: The MLS

MLS Number: 18-349698

The MLS

APN: 5479-019-061

California Los Angeles County Los Angeles 90041 Eagle Rock

1987 Phillips Way, Los Angeles, CA

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