NOT LISTED FOR SALE

Estimated Value: $4,273,709 - $4,858,000

5 Beds
5.5 Baths
3,784 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $3,525,000 $932 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $28,227/month

23 Days on Market

Highlights

  • Heated In Ground Pool
  • City Lights View
  • Living Room with Fireplace
  • John Marshall Senior High Rated A
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of September 2019

1939: the year that that saw 'Gone with the Wind' and 'The Wizard of Oz' was also the year of completion of this classic grand Old Hollywood mansion in prime Los Feliz on sprawling flat grounds with huge pool and private grassy yard. Formal entry leads to sun drenched step down living room with fireplace, wide plank hardwood floors, original bay window and classic moldings. Vintage-style kitchen has been outfitted for the modern-day gourmand with stainless chef's appliances, marble counters, full butler's pantry, and center island that opens to family room. 4 bedrooms and 3 new baths are on the second floor including master suite with new luxe marble bath and walk out view balcony. Downstairs also features fifth bedroom and maids bath, powder room and entertainers den/lounge with wet bar opening to seating patio with outdoor fireplace. Huge flat yard with pool and pool bath. Rediscover life's simple pleasures with family and friends in this stately sunny country villa.

Last Agent to Sell the Property

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114 Listed on: 07/13/2019

Co-Listed By

Richard Yohon

Sotheby's International Realty License #01276405

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,021

Year Built

  • Built in 1939

Lot Details

  • 0.29 Acre Lot
  • Property is zoned LARE11

Home Design

  • Villa

Interior Spaces

  • 3,784 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Center Hall
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry on upper level
  • Laundry in Kitchen

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5588-015-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,021

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential, Residential
  • Property Sub Type: Single Family Residence, Single Family Residence
  • Style: Villa, Villa
  • Street Number Display: Yes, Yes
  • Living Area: 3784, 3784
  • Stories: 2, 2
  • Year Built: 1939, 1939
  • Number Of Photos: 52, 52
  • State Abbrv: CA, CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio, Living Room, Patio
  • Flooring: Hardwood, Tile, Hardwood, Tile
  • Bedrooms: 5, 5
  • Fireplaces: 2, 2
  • Full Bathroom: 3, 3
  • Half Bathroom: 1, 1
  • One Quarter Bathrooms: 0, 0
  • Three Quarter Bathrooms: 2, 2
  • Dining Room: 1, 1
  • Family Room: 1, 1
  • Laundry: In Kitchen, On Upper Level, In Kitchen, On Upper Level
  • Maids Room: 1, 1
  • Total Bathrooms: 6.00, 6.00
  • Den: 0, 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes, Yes
  • Price Per S Q F T: 924.15, 924.15

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Driveway - Concrete, Garage - 2 Car
  • Total Parking: 2, 2

Utilities

  • Cooling: Central, Dual, Central, Dual
  • Heating: Central, Central

Condo/Co-op/Association

  • HOA: No, No

Lot Info

  • Assessor Parcel Number: 5588-015-010, 5588-015-010
  • Geocode Override: No, No
  • Lot Size Area: 12600, 12600

Multi Family

  • Number Of Units: 1, 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Aug 7, 2019
Sold by
Nela Development 1 Llc
Bought by
Palotay Michael Richard and Palotay Hilary
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$3,497,000
Sold Price
$3,525,000
Premium/Discount to List
$28,000
0.8%
Current Estimated Value
$4,600,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,075,677
Avg. Annual Appreciation
4.46%
Original Mortgage
$2,467,500
Outstanding Balance
$2,079,101
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,521,576

Purchase Details

Closed on
Jan 16, 2018
Sold by
Caldwell Ellen Marie
Bought by
Caldwell Ellen Marie and The Ellen Marie Caldwell Revocable Trust

Purchase Details

Closed on
Nov 25, 2015
Sold by
Caldwell Ellen Marie
Bought by
Caldwell Ellen Marie and Caldwell Patrice Joan

Purchase Details

Closed on
Aug 20, 2002
Sold by
Caldwell Joan Leslie
Bought by
Caldwell Joan Leslie and Caldwell Ellen Marie

Purchase Details

Closed on
May 29, 1999
Sold by
Caldwell William G
Bought by
Caldwell William G and Caldwell Joan Leslie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Palotay Michael Richard $3,525,000 Equity Title
Caldwell Ellen Marie -- None Available
Caldwell Patrice Joan -- None Available
Caldwell Ellen Marie -- None Available
Caldwell Joan Leslie -- --
Caldwell William G -- --
Caldwell William G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palotay Michael Richard $2,467,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2019 09/10/19 Sold $3,525,000 +0.8% $932 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $3,497,000 +45.7% $924 / Sq Ft
11/30/2018 11/30/18 Sold $2,400,000 0.0% $634 / Sq Ft View Prior Sale
10/13/2018 10/13/18 Pending -- -- --
10/12/2018 10/12/18 Off Market $2,400,000 -- --
10/04/2018 10/04/18 For Sale $1,995,000 -- $527 / 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 $46,021 $3,855,098 $2,602,656 $1,252,442
2024 $46,021 $3,779,509 $2,551,624 $1,227,885
2023 $45,121 $3,705,402 $2,501,593 $1,203,809
2022 $43,010 $3,632,748 $2,452,543 $1,180,205
2021 $42,497 $3,561,518 $2,404,454 $1,157,064
2019 $28,819 $2,400,000 $1,920,000 $480,000
2018 $3,342 $247,318 $97,800 $149,518
2016 $3,157 $237,716 $94,003 $143,713
2015 $3,115 $234,146 $92,591 $141,555
2014 $3,134 $229,561 $90,778 $138,783
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-487926

The MLS

APN: 5588-015-010