NOT LISTED FOR SALE

2302 Observatory Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,744,320 - $2,177,000

3 Beds
2 Baths
1,496 Sq Ft
$1,332/Sq Ft Est. Value

Last Sold July 17, 2013

Last sale price $923,000 $617 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $11,718/month

17 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Granite Countertops
  • Franklin Avenue Elementary Rated A-
  • Sun or Florida Room
  • Private Yard

About This Home

As of July 2013

Historic home in a Historic Los Feliz! Live in the hills near the famous Greek Theater and Griffith Park and be in close proximity to fabulous restaurants and shops. This beautifully restored 1920’s California Bungalow offers 3 bedrooms and 1 ¾ baths! Gleaming rich wood floors, classic molding, vintage windows and a mantled fireplace create nostalgia in the expansive living room. A true centralized formal dining room is enhanced with a built-in buffet. The galley chef’s kitchen has burgundy granite counter tops and stainless steel appliances including a Wolf Range. The kitchenette is the perfect size to gather for meals and to showcase collectibles in a corner glass-doored cabinet. The kitchen also features a large pantry. Located in the rear of the home is a cozy sunroom to read the morning paper or finish a book at day’s end. The 3 bedrooms are located down a central hallway with a full vintage-themed bathroom showcasing a spa-tub between them. An additional ¾ bathroom is located near the laundry room. In addition to a 2 car garage there is an open-beamed office/ writers retreat with a separate entrance that is apx. 14’ x 17’. Other amenities include: pool, spa, central air & heat, updated electrical panel, and a large basement.

Last Agent to Sell the Property

Christopher Rizzotti

REMAX Empower License #01298167 Listed on: 05/20/2013

Last Buyer's Agent

Andrew Dinsky

Equity Union License #01724985

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,865

Year Built

  • Built in 1920

Lot Details

  • 6,979 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Bungalow

Interior Spaces

  • 1,496 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Laundry Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 2193
  • Assessor Parcel Number 5592026008

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,865

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5592026008
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1496.00
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 616.98
  • Room Type: Basement, Living Room, Sun
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Porch
  • Pool Features: Fenced, In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6979.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6979.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 2193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
Jun 11, 2013
Sold by
Hurley Gregory M
Bought by
Simonsen Robert S
Seller's Agent
Christopher Rizzotti
REMAX Empower
Buyer's Agent
Andrew Dinsky
Equity Union
List Price
$999,000
Sold Price
$923,000
Premium/Discount to List
-$76,000
-7.61%
Current Estimated Value
$1,992,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,330
Avg. Annual Appreciation
6.48%
Original Mortgage
$738,400
Outstanding Balance
$617,286
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,375,044

Purchase Details

Closed on
Jun 15, 2011
Sold by
Hurley Lana J and Hurley Lana
Bought by
Hurley Gregory M and Hurley Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
4.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 2010
Sold by
Hurley Lana and Trust A
Bought by
Hurley Lana

Purchase Details

Closed on
Mar 15, 2010
Sold by
Hurley Lana and Hudkins Family Trust
Bought by
Hurley Lana and Trust A

Purchase Details

Closed on
Oct 26, 2004
Sold by
Hudkins Ace C and Hudkins Betty L
Bought by
Hudkins Ace C
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
Simonsen Robert S $923,000 Fidelity Van Nuys
Hurley Gregory M $775,000 North American Title Company
Hurley Lana -- None Available
Hurley Lana -- None Available
Hurley Lana -- None Available
Hurley Lana -- None Available
Hudkins Ace C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonsen Robert S $738,400
Previous Owner Hurley Gregory M $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2013 07/17/13 Sold $923,000 -7.6% $617 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $999,000 0.0% $668 / Sq Ft
05/04/2012 05/04/12 Rented $4,000 0.0% --
05/02/2012 05/02/12 Under Contract -- -- --
04/24/2012 04/24/12 For Rent $4,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,865 $1,152,947 $905,171 $247,776
2024 $13,865 $1,130,341 $887,423 $242,918
2023 $13,596 $1,108,178 $870,023 $238,155
2022 $12,962 $1,086,450 $852,964 $233,486
2021 $12,805 $1,065,148 $836,240 $228,908
2019 $12,421 $1,033,557 $811,438 $222,119
2018 $12,298 $1,013,292 $795,528 $217,764
2016 $11,544 $955,797 $764,638 $191,159
2015 $11,374 $941,441 $753,153 $188,288
2014 $11,412 $923,000 $738,400 $184,600
Source: Public Records

Agents Affiliated with this Home

  • Andrew Dinsky

    Buyer's Agent in 2013

    Andrew Dinsky

    Equity Union

    (310) 729-3393

    2 in this area

    261 Total Sales

    Andrew Dinsky
    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Shelley Rios

    Keller Williams Realty World Media Center

  • Tyler Giles

    Buyer's Agent in 2012

    Tyler Giles

    Nourmand & Associates-BH

    (310) 428-0563

    25 Total Sales

    Tyler Giles
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13093558

California Regional Multiple Listing Service (CRMLS)

APN: 5592-026-008

California Los Angeles County Los Angeles 90027 Los Feliz

2302 Observatory Ave, Los Angeles, CA

This home is located at 2302 Observatory Ave, Los Angeles, CA 90027 since 20 May 2013 and is currently estimated at $1,992,330, approximately $1,331 per square foot. This property was built in 1920. 2302 Observatory Ave is a home located in Los Angeles County with nearby schools including Franklin Avenue Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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