$7,150,000
SOLD JAN 21, 2014
-- Bed
1 Bath
4,341 Sq Ft
0.56 Acres

Recently Sold

$1,647 Per Sq Ft

4% Above List Price

65 Days on Market

Highlights

  • In Ground Pool
  • 24,592 Sq Ft lot
  • Colonial Architecture

About This Home

As of January 2014

Let your imagination soar! An amazing 24,500 + sq. ft. lot with stately trees. The first step in the renovation of this classic Spanish Colonial has begun. The interior walls have been taken down to the studs. All appliances and fixtures have been removed. So the house is all open. Now, one can envision a fabulous residence, exquisitely tailored to your needs, with some enhancements and/or easy expansions. But the grounds are exceptional with a large pool and a paddle tennis court. There are plans for a simple renovation of the existing house, which could be used or developed further. These large lots are rarely available in the Park, especially on Bristol which is an exceptionally beautiful street. This is truly a once in a lifetime opportunity for one lucky buyer.

Last Agent to Sell the Property

Mary Lu Tuthill

Coldwell Banker Realty License #00556630 Listed on: 11/04/2013

Coldwell Banker Realty

Co-Listed By

Kathleen Tuthill

Coldwell Banker Realty License #01373681

Last Buyer's Agent

William Rose

The Agency License #01302611

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134,947

Year Built

  • Built in 1925

Lot Details

  • 0.56 Acre Lot
  • Property is zoned LARE20

Home Design

  • Colonial Architecture

Interior Spaces

  • 1 Full Bathroom
  • 4,341 Sq Ft Home
  • 2-Story Property

Pool

  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 4405-022-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$134,947

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 4341
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Full Bathroom: 1
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 1588.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: No

Lot Info

  • Assessor Parcel Number: 4405-022-003
  • Geocode Override: No
  • Lot Size Area: 24592

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2013
Closed on
Jan 17, 2014
Sold by
Kurstin Ronald W and The Ronald W Kurstin Living Tr
Bought by
The Bowen Family Trust
Seller's Agent
Mary Lu Tuthill
Coldwell Banker Realty
Buyer's Agent
William Rose
The Agency
List Price
$6,895,000
Sold Price
$7,150,000
Premium/Discount to List
$255,000
3.7%
Current Estimated Value
$9,495,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,345,282
Avg. Annual Appreciation
2.32%

Purchase Details

Listed on
Dec 11, 2012
Closed on
Dec 20, 2012
Sold by
Barneson Valerie H
Bought by
Kurstin Ronald W and Ronald W Kurstin Living Trust
Seller's Agent
Michele Hall
Coldwell Banker Realty
Buyer's Agent
Mary Lu Tuthill
Coldwell Banker Realty
List Price
$6,250,000
Sold Price
$6,700,000
Premium/Discount to List
$450,000
7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Aug 14, 2006
Sold by
Barneson Lee H
Bought by
Barneson Valerie H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $7,150,000 Equity Title Los Angeles
Grant Deed $6,700,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,000,000 Balloon
Previous Owner $400,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $7,150,000 +3.7% $1,647 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $6,895,000 -3.6% $1,588 / Sq Ft
01/07/2014 01/07/14 Off Market $7,150,000 -- --
11/04/2013 11/04/13 For Sale $6,895,000 +2.9% $1,588 / Sq Ft
12/27/2012 12/27/12 Sold $6,700,000 +7.2% $1,543 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
12/11/2012 12/11/12 For Sale $6,250,000 -- $1,440 / 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 $134,947 $11,418,924 $7,355,177 $4,063,747
2024 $134,947 $11,195,024 $7,210,958 $3,984,066
2023 $132,285 $10,975,515 $7,069,567 $3,905,948
2022 $126,055 $10,760,310 $6,930,949 $3,829,361
2021 $124,582 $10,549,325 $6,795,049 $3,754,276
2020 $125,908 $10,441,156 $6,725,375 $3,715,781
2019 $108,240 $9,071,262 $6,593,505 $2,477,757
2018 $92,551 $7,703,195 $6,464,221 $1,238,974
2016 $88,597 $7,404,072 $6,213,208 $1,190,864
2015 $87,282 $7,292,857 $6,119,880 $1,172,977
2014 $82,395 $6,730,418 $6,127,694 $602,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-716817

The MLS

APN: 4405-022-003