NOT LISTED FOR SALE

Estimated Value: $6,055,000 - $6,982,000

5 Beds
6 Baths
4,141 Sq Ft
$1,541/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $6,160,000 $1,488 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $39,937/month

10 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • 0.41 Acre Lot
  • Third Street Elementary School Rated A
  • Solar Power System
  • Living Room with Fireplace

About This Home

As of August 2023

Welcome to 248 S Van Ness Ave, a gorgeous stately compound located in Los Angeles' coveted Hancock Park neighborhood. Beautifully sited on an almost 18,000 sq. ft. lot with a main house, pool and detached garage with a guest suite and office for a total of 5 bedrooms and 6 bathrooms. This property combines the best of traditional classic details and stylish updates for an easy relaxed elegance. Highlights include: meticulous designer touches by Sarah Shetter Design, art tile fireplaces, staircase window seat, primary suite balcony, vintage wood paneling, molding and plaster detailing, wisteria covered pool-side entertaining pavilion with outdoor kitchen and fire pit, chic outdoor pool bathroom, solar panels and side play yard. All of this half a mile from the delights of Larchmont Boulevard where you'll find shops, restaurants, Jeni's Ice Cream, Levain Bakery, coffee shops, yoga, pilates, massage, weekend Farmers Market, holiday festivals and more. Come check it out!

Last Agent to Sell the Property

Heather T. Roy

Douglas Elliman License #01398002 Listed on: 07/28/2023

Douglas Elliman

Last Buyer's Agent

James Hancock

Coldwell Banker Realty License #00946077

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,748

Year Built

  • Built in 1922

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 105x170
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,141 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Solar Power System
  • Outdoor Grill
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5516-010-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,748

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4141
  • Lot Acreage: 0.4101
  • Lot Dimensions: 105x170
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 60
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked, On Upper Level, Garage
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Solar Panels, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 1412.70

Exterior Features

  • Other Structures: Other
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5516-010-002
  • Lot Size Area: 17850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 8, 2023
Sold by
Barton Pond Trust
Bought by
Port Joseph and Harnetiaux Tessa
Seller's Agent
Heather T. Roy
Douglas Elliman
Buyer's Agent
James Hancock
Coldwell Banker Realty
List Price
$5,850,000
Sold Price
$6,160,000
Premium/Discount to List
$310,000
5.3%
Views
47
Current Estimated Value
$6,382,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,961
Avg. Annual Appreciation
1.15%
Original Mortgage
$3,000,000
Outstanding Balance
$2,936,373
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$3,369,762

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 25, 2017
Sold by
Agwunobi John O
Bought by
Meriwether Heath J and Snyder Marvin D
Seller's Agent
Lisa Hutchins
Coldwell Banker Realty
Buyer's Agent
Heather T. Roy
Douglas Elliman
List Price
$4,249,000
Sold Price
$4,125,000
Premium/Discount to List
-$124,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$3,300,000
Interest Rate
2.94%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 22, 2016
Closed on
May 16, 2016
Sold by
Adams Brooke
Bought by
Agwunobi John O and Agwunobi Jennifer Brooks
Seller's Agent
James Foreman n
Sotheby's International Realty
Buyer's Agent
Fox + Associates
Ashby & Graff
List Price
$3,988,000
Sold Price
$3,600,000
Premium/Discount to List
-$388,000
-9.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$1,600,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Shalhoub Tony and Adams Brooke
Bought by
Adams Brooke

Purchase Details

Closed on
Mar 19, 1996
Sold by
Shalhoub Tony
Bought by
Adams Brooke and Shalhoub Tony
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Port Joseph $6,160,000 Equity Title Company
Meriwether Heath J $4,125,000 Equity Title Los Angeles
Agwunobi John O $3,600,000 Equity Title
Adams Brooke -- --
Adams Brooke -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Port Joseph $3,000,000
Previous Owner Barton Pond Trust $3,640,000
Previous Owner Meriwether Heath J $3,300,000
Previous Owner Agwunobi John O $1,600,000
Previous Owner Adams Brooke $750,000
Previous Owner Adams Brooke $417,000
Previous Owner Adams Brooke $1,400,000
Previous Owner Shalhoub Tony $500,000
Previous Owner Adams Brooke $492,000
Previous Owner Adams Brooke $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $6,160,000 +5.3% $1,488 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $5,850,000 +41.8% $1,413 / Sq Ft
10/31/2017 10/31/17 Sold $4,125,000 -2.9% $857 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $4,249,000 +18.0% $883 / Sq Ft
06/03/2016 06/03/16 Sold $3,600,000 -2.6% $822 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/04/2016 04/04/16 Price Changed $3,695,000 -7.3% $844 / Sq Ft
01/22/2016 01/22/16 For Sale $3,988,000 -- $911 / 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 $74,748 $6,283,200 $5,026,560 $1,256,640
2024 $74,748 $6,160,000 $4,928,000 $1,232,000
2023 $54,959 $4,511,288 $3,609,031 $902,257
2022 $52,395 $4,422,832 $3,538,266 $884,566
2021 $51,770 $4,336,111 $3,468,889 $867,222
2019 $50,215 $4,207,500 $3,366,000 $841,500
2018 $49,982 $4,125,000 $3,300,000 $825,000
2016 $12,051 $969,155 $775,333 $193,822
2015 $11,878 $954,598 $763,687 $190,911
2014 $11,923 $935,900 $748,728 $187,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-294379

The MLS

APN: 5516-010-002