NOT LISTED FOR SALE

1997 Glencoe Way Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $3,030,000 - $3,763,000

5 Beds
4.5 Baths
3,830 Sq Ft
$878/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $2,100,000 $548 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $20,222/month

8 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Spanish Architecture
  • Garage Apartment
  • Wood Flooring
  • Bonus Room

About This Home

As of September 2014

Quintessential Hollywood Hills living on your own private perch on top of the world. This spectacular classic Spanish 5 bedroom, 4.5 bathroom home has killer 360 views of the Hollywood sign, Griffith Observatory, Capitol Records, Hollywood and Highland, DTLA and down to the ocean. Grand entry through the gardens into the foyer and open living room with high ceilings, fireplace, room for your artwork. Dining room with patio and views. The master suite has beautiful views from sitting room, the bed and the spa bath. Additional bedrooms and playroom/den are on the main level. Kitchen opens to larger den and outdoor patio for dining al fresco. Downstairs features a guest suite or mother-in-law unit with its own entrance. Another guest suite or office space is located over the 3-car garage. Hollywood Bowl music wafts through the summer air. Own a part of Hollywood history, as this unique gem is where "Good Will Hunting" was written. Bring your writers;maybe they'll win an Oscar too!

Last Agent to Sell the Property

Carol Huston

True Story Realty License #01261965 Listed on: 08/01/2014

Last Buyer's Agent

Julie Mollo

Compass License #01818207

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,307

Year Built

  • Built in 1955

Lot Details

  • 6,583 Sq Ft Lot
  • Property is zoned LAR2

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Trees
  • Views of a landmark
  • Canyon
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,830 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Craft Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 3 Car Direct Access Garage
  • Garage Apartment
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5549-022-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,307

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3830
  • Stories: 1
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Stone, Stone Tile, Tile
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 521.93

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, City, City Lights, Landmark, Mountains, Ocean, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Door Opener, Garage - 3 Car, Garage Is Attached, Parking for Guests
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5549-022-010
  • Geocode Override: No
  • Lot Size Area: 6583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Dowson Christopher John and Dowson Rumi
Bought by
Dowson Christopher John
Current Estimated Value
$3,364,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,055
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2014
Closed on
Aug 18, 2014
Sold by
Baehler Chapman
Bought by
Dowson Christopher
Seller's Agent
Carol Huston
True Story Realty
Buyer's Agent
Julie Mollo
Compass
List Price
$1,999,000
Sold Price
$2,100,000
Premium/Discount to List
$101,000
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Oct 15, 2010
Sold by
Baehler Chapman and Cob Baehler Carolyn
Bought by
Baehler Ii Chapman and Cob Baehler Carolyn Angelica

Purchase Details

Closed on
Sep 23, 2009
Sold by
Spendlove Randy Ward and Spendlove Alecia
Bought by
Baehler Chapman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
Spendlove Randy
Bought by
Spendlove Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 1994
Sold by
American Svgs Bank Fa
Bought by
Spendlove Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,135
Interest Rate
5.15%

Purchase Details

Closed on
Dec 2, 1993
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank Fa and American Svgs Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,135
Interest Rate
5.15%
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
Dowson Christopher John -- None Listed On Document
Dowson Christopher $2,100,000 Lawyers Title
Baehler Ii Chapman -- None Available
Baehler Chapman $1,350,000 Lawyers Title Company
Spendlove Randy -- Fidelity National Title Comp
Spendlove Randy $365,000 Stewart Title
American Svgs Bank Fa $304,782 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowson Christopher John $672,055
Previous Owner Baehler Chapman $925,000
Previous Owner Spendlove Randy $500,000
Previous Owner Spendlove Randy $328,135
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $2,100,000 +5.1% $548 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $1,999,000 -- $522 / 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 $30,307 $2,523,873 $1,769,237 $754,636
2024 $30,307 $2,474,387 $1,734,547 $739,840
2023 $29,722 $2,425,871 $1,700,537 $725,334
2022 $28,369 $2,378,306 $1,667,194 $711,112
2021 $28,018 $2,331,673 $1,634,504 $697,169
2020 $28,238 $2,307,766 $1,617,745 $690,021
2019 $27,112 $2,262,517 $1,586,025 $676,492
2018 $26,989 $2,218,155 $1,554,927 $663,228
2016 $25,778 $2,132,024 $1,494,549 $637,475
2015 $25,416 $2,100,000 $1,472,100 $627,900
2014 $17,703 $1,421,536 $1,052,991 $368,545
Source: Public Records

Agents Affiliated with this Home

  • Carol Huston

    Seller's Agent in 2014

    Carol Huston

    True Story Realty

    (310) 922-6509

    2 in this area

    56 Total Sales

    Carol Huston
    Section Image
  • Julie Mollo

    Buyer's Agent in 2014

    Julie Mollo

    Compass

    (323) 459-2789

    2 in this area

    61 Total Sales

    Julie Mollo
    Section Image
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Map

Source: The MLS

MLS Number: 14-782389

The MLS

APN: 5549-022-010

California Los Angeles County Los Angeles 90028 Hollywood Hills

1997 Glencoe Way, Los Angeles, CA

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