NOT LISTED FOR SALE

Estimated Value: $3,741,639 - $4,572,000

5 Beds
3 Baths
3,312 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $2,734,000 $825 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $24,670/month

34 Days on Market

Highlights

  • Heated In Ground Pool
  • Traditional Architecture
  • No HOA
  • Third Street Elementary School Rated A
  • Wood Flooring
  • 2 Car Garage

About This Home

As of December 2016

Lovely home updated for today's living, with the grace and scale of a custom home from another era. The living room with fireplace, opens to the formal dining room. There is a fabulous gourmet kitchen with top of the line stainless steel appliances and a center island. The family room, opening through French doors to the patio & pool, has a vaulted ceiling. The fifth bedroom, which is on the first floor, is currently being used as an office. Upstairs are four bedrooms, including the large master bedroom suite, featuring a luxurious bath with double sinks, separate tub and shower. A walk-in closet with built-ins completes the master. Three additional bedrooms are spacious, with ample closets. Stack laundry upstairs. Light and bright throughout the home. Detached 2 car garage. Beautiful pool. Located in the Third St. Elementary SD. Enjoy all of the benefits of Larchmont Village and the central Hancock Park location.

Last Agent to Sell the Property

Melissa Alt

Douglas Elliman of California, Inc. License #01019836 Listed on: 09/22/2016

Douglas Elliman of California, Inc.

Last Buyer's Agent

John Michael Iglar

Douglas Elliman License #01803457

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,911

Year Built

  • Built in 1921

Lot Details

  • 8,423 Sq Ft Lot
  • Gated Home
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5515-014-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,911

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3312
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 844.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Composition
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5515-014-002
  • Geocode Override: No
  • Lot Size Area: 8423

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Oct 25, 2016
Sold by
Duff Charles B
Bought by
Lucterhand Douglas and Lucterhand Lucy Pinkwater
Seller's Agent
Melissa Alt
Douglas Elliman of California, Inc.
Buyer's Agent
John Michael Iglar
Douglas Elliman
List Price
$2,798,000
Sold Price
$2,734,000
Premium/Discount to List
-$64,000
-2.29%
Current Estimated Value
$4,069,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,335,410
Avg. Annual Appreciation
4.58%
Original Mortgage
$2,187,200
Outstanding Balance
$1,695,424
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,373,986

Purchase Details

Closed on
Mar 4, 2010
Sold by
Thompson Tracy
Bought by
Duff Charles B

Purchase Details

Closed on
May 6, 2005
Sold by
Thompson Tracy
Bought by
Thompson Tracy and Tracy Thompson Trust

Purchase Details

Closed on
Jul 21, 2004
Sold by
Thompson Christopher
Bought by
Thompson Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Peterman Steven J and Peterman Susan D
Bought by
Thompson Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2004
Sold by
Peterman Steven J and Peterman Susan D
Bought by
Peterman Steven J

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
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 18, 2002
Sold by
Peterman Steven J and Peterman Susan D
Bought by
Peterman Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
5.62%

Purchase Details

Closed on
Dec 4, 2000
Sold by
Gauci Daniel and Gauci Anna
Bought by
Peterman Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
7.67%
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
Lucterhand Douglas $2,734,000 Lawyers Title
Duff Charles B $2,220,500 Equity Title
Thompson Tracy -- --
Thompson Tracy -- California Title
Thompson Tracy $1,500,000 California Title
Peterman Steven J -- Ticor Title Orange
Peterman Steven J -- Chicago Title Co
Peterman Steven J -- Chicago Title Co
Peterman Steven J $765,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucterhand Douglas $2,187,200
Previous Owner Thompson Tracy $1,000,000
Previous Owner Peterman Steven J $500,000
Previous Owner Peterman Steven J $527,000
Previous Owner Peterman Steven J $535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2016 12/06/16 Sold $2,734,000 -2.3% $825 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $2,798,000 -- $845 / 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 $37,911 $3,181,824 $2,462,760 $719,064
2024 $37,911 $3,119,436 $2,414,471 $704,965
2023 $37,172 $3,058,272 $2,367,129 $691,143
2022 $35,434 $2,998,307 $2,320,715 $677,592
2021 $35,006 $2,939,517 $2,275,211 $664,306
2019 $33,951 $2,844,452 $2,207,728 $636,724
2018 $33,711 $2,788,680 $2,164,440 $624,240
2016 $29,158 $2,420,708 $1,548,381 $872,327
2015 $28,729 $2,384,347 $1,525,123 $859,224
2014 $28,810 $2,337,641 $1,495,248 $842,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-164646

The MLS

APN: 5515-014-002