NOT LISTED FOR SALE

Estimated Value: $4,062,000 - $4,694,000

4 Beds
4.5 Baths
4,087 Sq Ft
$1,044/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2013

Last sale price $2,325,000 $569 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $25,967 / mo

6 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Hilltop Location
  • Wonderland Avenue Elementary Rated A
  • Room in yard for a pool
  • Dining Room with Fireplace

About This Home

As of September 2013

This is an amazing opportunity for a builder/owner like no other in Laurel Hills. Situated on a promontory at the end of a cul-de-sac, this single story property offers over 4,000 square feet of living space with unmatched, unobstructed views of downtown Los Angeles and the entire San Fernando valley including the Verdugo and San Gabriel Mountains. Situated on more than 17,000 square feet of land the possibilities for this property are virtually endless, including room for a pool and view laden deck. This is a developer/owners dream with high ceilings in every room, en suite full baths, and private patio's. The master bedroom offers views of downtown L.A., canyon views, seperate his and her walk in closets, and a private patio. Expose your builders and designers to this opportunity and they will thank you for it. Wonderland School. Easy to show.

Last Agent to Sell the Property

Jason Arena

Compass License #01518878 Listed on: 08/21/2013

Compass

Last Buyer's Agent

Sigal Diamant

Nelson Shelton & Associates License #00998246

Nelson Shelton & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 17,333 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Hilltop Location
  • Property is zoned LARE15

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces
  • Oversized Parking
  • Driveway
  • Guest Parking

Property Views

  • City Lights
  • Canyon
  • Mountain
  • Valley
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 4,087 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Skylights in Kitchen
  • Double Door Entry
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Carpet
  • Intercom
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 4.5 Bathrooms
  • Double Vanity
  • Bathtub with Shower

Outdoor Features

  • Room in yard for a pool
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Ground Level Unit

Utilities

  • Central Heating
  • Sewer in Street

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5564-001-021

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0.4 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Ground Level
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 4087
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1969
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Built-Ins, Cathedral-Vaulted Ceilings, Crown Moldings, High Ceilings (9 Feet+), Intercom, Open Floor Plan
  • Fireplace Rooms: Dining, Family Room
  • Flooring: Carpet
  • Bedrooms: 4
  • Fireplaces: 2
  • Bedroom Features: Ground Floor Master, Master Bedroom, WalkInCloset
  • Bathroom Features: Double Vanity(s), Powder Room, Shower and Tub
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Breakfast Room, Dining Area, Family Kitchen, Family Room, Formal Dining Rm, In Kitchen
  • Kitchen Features: Skylight(s)
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 4.50
  • Equipment: Built-Ins, Central Vacuum, Garbage Disposal, Intercom, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 538.05

Exterior Features

  • Other Features: Double Door Entry, High Ceilings (9 Feet+), Rain Gutters, Service Entrance
  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • View: Canyon, City, City Lights, Green Belt, Mountains, Valley
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 1
  • Other Spaces: 2
  • Covered Parking: 3
  • Parking Garage: Carport, Covered Parking, Direct Entrance, Driveway, Garage, Oversized, Parking for Guests
  • Total Parking: 5

Utilities

  • Heating: Central
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5564-001-021
  • Geocode Override: No
  • Lot Description: Back Yard, Curbs, Fenced Yard, Landscaped, Yard
  • Lot Location: Cul-De-Sac, Hilltop
  • Lot Size Area: 17333

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Aug 28, 2013
Sold by
Mkk Capital Llc
Bought by
Vedovi Paolo
Seller's Agent
Jason Arena
Compass
Buyer's Agent
Sigal Diamant
Nelson Shelton & Associates
List Price
$2,199,000
Sold Price
$2,325,000
Premium/Discount to List
$126,000
5.73%
Current Estimated Value
$4,265,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,940,863
Avg. Annual Appreciation
4.94%
Original Mortgage
$700,000
Outstanding Balance
$518,271
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,747,592

Purchase Details

Listed on
Aug 21, 2013
Closed on
Aug 7, 2013
Sold by
Frazier Robert Lee and Rowe Kimberly Sue
Bought by
Mkk Capital Llc and Technologies West Inc
Seller's Agent
Jason Arena
Compass
Buyer's Agent
Sigal Diamant
Nelson Shelton & Associates
List Price
$2,199,000
Sold Price
$2,325,000
Premium/Discount to List
$126,000
5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$518,271
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,747,592

Purchase Details

Closed on
Mar 23, 2000
Sold by
Lee Leona F
Bought by
Frazier Robert Lee and Rowe Kimberly Sue

Purchase Details

Closed on
Dec 28, 1999
Sold by
Lee Leona F
Bought by
Frazier Robert Lee and Rowe Kimberly Sue
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vedovi Paolo $2,325,000 Equity Title Los Angeles
Mkk Capital Llc $1,900,000 Equity Title Los Angeles
Frazier Robert Lee -- --
Frazier Robert Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mkk Capital Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2013 09/06/13 Sold $2,325,000 +5.7% $569 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $2,199,000 -- $538 / Sq Ft
Source: The MLS

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 $35,913 $2,971,868 $1,549,854 $1,422,014
2024 $35,913 $2,913,597 $1,519,465 $1,394,132
2023 $35,223 $2,856,469 $1,489,672 $1,366,797
2022 $33,622 $2,800,461 $1,460,463 $1,339,998
2021 $33,211 $2,745,551 $1,431,827 $1,313,724
2019 $32,156 $2,664,118 $1,389,359 $1,274,759
2018 $30,547 $2,504,881 $1,362,117 $1,142,764
2017 $29,885 $2,455,766 $1,335,409 $1,120,357
2016 $29,186 $2,407,615 $1,309,225 $1,098,390
2015 $28,759 $2,371,452 $1,289,560 $1,081,892
2014 $28,844 $2,325,000 $1,264,300 $1,060,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-698425

The MLS

APN: 5564-001-021

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