NOT LISTED FOR SALE

Estimated Value: $6,543,000 - $7,597,000

8 Beds
6.5 Baths
6,228 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $3,727,000 $598 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $41,272/month

198 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Living Room with Fireplace
  • Mediterranean Architecture
  • Third Street Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of February 2016

Walker & Eisen c. 1922 - noted for Beverly Wilshire Hotel, Oviatt Building, Fine Arts Building, etc. Italianate estate in great location near popular Larchmont shopping/dining. Gorgeous mahogany entry leads to large formal dining room & grand scale living room which opens to entertainer's loggia overlooking pool, yard & gardens designed by Mark Bartos plus vegetable garden and fruit trees. Cozy den off living + amazing library w/fpl. Open gourmet kitchen w/bkfst area. 5-6 beds/4 baths up. Master w/lux bath. Maid's with bath and powder room downstairs. 1 bed/1 bath guest apt with living room & kitchenette over garage. Multi-zone A/C, hardwood floors, crown moldings, etc...

Last Agent to Sell the Property

Lisa Hutchins

Coldwell Banker Realty License #01018644 Listed on: 06/15/2015

Coldwell Banker Realty

Last Buyer's Agent

Shaun Hurley

License #00870450

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,740

Year Built

  • Built in 1922

Lot Details

  • 0.32 Acre Lot
  • Property is zoned LARE9

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 6,228 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Library with Fireplace
  • Wood Flooring
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Solar Heated In Ground Pool
  • Spa

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5516-001-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,740

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 6228
  • Probate: No
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room
  • Flooring: Hardwood
  • Bedrooms: 8
  • Full Bathroom: 6
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 640.66

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private, Solar Heat
  • Pool: Yes
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Security: Owned

Lot Info

  • Assessor Parcel Number: 5516-001-001
  • Geocode Override: No
  • Lot Size Area: 13759

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2019
Sold by
Park David J
Bought by
Park Jennifer E
Current Estimated Value
$7,029,565

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jan 29, 2016
Sold by
Gilbert Gary C and Kirshner Judy M
Bought by
Park Jennifer E and Park David J
Seller's Agent
Lisa Hutchins
Coldwell Banker Realty
Buyer's Agent
Shaun Hurley
List Price
$4,500,000
Sold Price
$3,727,000
Premium/Discount to List
-$773,000
-17.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$870,000
Outstanding Balance
$692,872
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$6,336,693

Purchase Details

Closed on
Jun 17, 2013
Sold by
Gilbert Gary and Gilbert Judy Kirshner
Bought by
Gilbert Gary C and Kirshner Judy M

Purchase Details

Closed on
Jun 7, 2012
Sold by
Gilbert Gary and Kirshner Judy Marion
Bought by
Gilbert Gary and Kirshner Judy Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,338
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1997
Sold by
Aaronson Joel and Aaronson Edith Newman
Bought by
Gilbert Gary and Gilbert Judy Kirshner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,500
Interest Rate
7.37%
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
Park Jennifer E -- None Available
Park Jennifer E $3,727,000 Equity Title
Gilbert Gary C -- None Available
Gilbert Gary -- Servicelink
Gilbert Gary $1,030,272 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jennifer E $870,000
Previous Owner Gilbert Gary $825,338
Previous Owner Gilbert Gary $772,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $3,727,000 -6.6% $598 / Sq Ft
11/11/2015 11/11/15 Price Changed $3,990,000 -5.0% $641 / Sq Ft
09/24/2015 09/24/15 Price Changed $4,199,000 -6.7% $674 / Sq Ft
06/15/2015 06/15/15 For Sale $4,500,000 -- $723 / 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 $53,740 $4,495,801 $3,529,606 $966,195
2024 $53,740 $4,407,649 $3,460,399 $947,250
2023 $52,688 $4,321,226 $3,392,549 $928,677
2022 $50,219 $4,236,497 $3,326,029 $910,468
2021 $49,597 $4,153,429 $3,260,813 $892,616
2019 $47,215 $3,955,121 $3,164,097 $791,024
2018 $47,021 $3,877,570 $3,102,056 $775,514
2016 $17,300 $1,412,936 $763,180 $649,756
2015 $17,066 $1,391,714 $751,717 $639,997
2014 $17,120 $1,364,453 $736,992 $627,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-914619

The MLS

APN: 5516-001-001