NOT LISTED FOR SALE

Estimated Value: $5,179,000 - $6,877,000

6 Beds
5 Baths
4,452 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $3,325,000 $747 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $34,420/month

18 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Maid or Guest Quarters
  • Mediterranean Architecture

About This Home

As of November 2013

Traditional Hancock Park Mediterranean : 6 bdrm/ 6 bath; 4 balconies; center foyer; expansive living rm w/ original beamed ceiling & elegant hearth; large dining rm w/ built- ins; custom chef's dream kitchen with granite counters, Viking & Wolf ovens & stove tops, pot fillers, warming drawer, walk-in pantry, multiple sinks & dishwashers; vast family room w/ built in book cases; private office; french doors leading out to inviting sparkling pool, grassy yard, luscious garden and fruit trees. Newer roof, intercom, alarm system, security cameras and a surround system through out this spectacular home. This warm & sunny home is ideal for families and entertaining. Bring your clients to this tooth brush property that has not been on the public market in almost 40 years.

Last Agent to Sell the Property

Deena Blau

Keller Williams Hollywood Hills License #01320286 Listed on: 07/10/2013

Keller Williams Hollywood Hills

Last Buyer's Agent

Myra Nourmand

Nourmand & Associates-BH License #00983509

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,606

Year Built

  • Built in 1928

Lot Details

  • 0.28 Acre Lot
  • East Facing Home
  • Property is zoned LARE9

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 4,452 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Center Hall
  • Pool Views
  • Basement
  • Sump Pump
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Range with Range Hood
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Maid or Guest Quarters
  • 5 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • Driveway

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Pool Tile
  • Diving Board

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5513-028-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,606

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 4452
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, High Ceilings (9 Feet+), Open Floor Plan, Pre-wired for surround sound, Sump Pump, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Double Oven, Range, Range Hood, Self Cleaning Oven, Warmer Oven Drawer
  • Bedrooms: 6
  • Fireplaces: 1
  • Bathroom Features: Remodeled, Shower and Tub
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Kitchen Features: Granite Counters, Island, Remodeled
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 730.01

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool Description: Diving Board, Fenced, Heated, In Ground, Safety Fence, Tile
  • Pool: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Detached, Driveway

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Water: In Street

Lot Info

  • Assessor Parcel Number: 5513-028-021
  • Geocode Override: No
  • Lot Size Area: 12160

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2017
Sold by
Kassan Adam
Bought by
Kassan Ashley K and Kassan Adam H
Current Estimated Value
$5,741,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$879,386
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,862,345

Purchase Details

Closed on
Sep 24, 2014
Sold by
Kassan Adam
Bought by
The Adam & Ashley Kassan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,665,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 26, 2013
Sold by
Kraines Steven D
Bought by
Kassan Adam and Kassan Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2013
Sold by
Sragow Allen P
Bought by
Kassan Adam and Kassan Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2007
Sold by
Rubin Marcia
Bought by
Sragow Allen P

Purchase Details

Closed on
Jun 28, 2006
Sold by
Rubin Chaim Baruch
Bought by
Rubin Marcia
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
Kassan Ashley K -- Ticor Title Company Of Ca
The Adam & Ashley Kassan Family Trust -- Lawyers Title
Kassan Adam -- Accommodation
Kassan Adam $3,275,000 Fatcola
Sragow Allen P -- None Available
Rubin Marcia -- None Available
Rubin Marcia -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassan Ashley K $1,100,000
Closed The Adam & Ashley Kassan Family Trust $1,665,000
Closed Kassan Adam $1,675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2013 11/01/13 Sold $3,325,000 +2.3% $747 / Sq Ft
07/28/2013 07/28/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $3,250,000 -- $730 / 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 $50,606 $4,242,864 $3,279,180 $963,684
2024 $50,606 $4,159,672 $3,214,883 $944,789
2023 $49,619 $4,078,111 $3,151,847 $926,264
2022 $47,303 $3,998,149 $3,090,047 $908,102
2021 $46,729 $3,919,755 $3,029,458 $890,297
2019 $45,322 $3,803,495 $2,939,603 $863,892
2018 $45,112 $3,728,917 $2,881,964 $846,953
2016 $43,158 $3,584,120 $2,770,054 $814,066
2015 $42,521 $3,530,284 $2,728,446 $801,838
2014 $40,435 $3,275,000 $2,675,000 $600,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-687669

The MLS

APN: 5513-028-021