NOT LISTED FOR SALE

2814 Glendower Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $3,320,000 - $4,278,000

7 Beds
5.5 Baths
3,185 Sq Ft
$1,171/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $1,975,000 $620 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $21,827/month

3 Days on Market

Highlights

  • Heated In Ground Pool
  • Sauna
  • 19,300 Sq Ft lot
  • John Marshall Senior High Rated A
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of July 2014

Unlimited potential in this true Los Feliz estate property on a prized celebrity street north of the boulevard. 1920's palatial Main Mediterranean home with 6 bedrooms and 5 baths overlooks the city on a double sprawling lot with huge pool/spa and full separate one bedroom guest house. Grand scale rooms, stately staircase, arched entryways, hardwood floors with patios, verandas, gardens. Huge kitchen opens to covered patio and pool, yard and viewing decks. A monumental opportunity!

Last Agent to Sell the Property

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114 Listed on: 06/16/2014

Co-Listed By

Richard Yohon

Sotheby's International Realty License #01276405

Last Buyer's Agent

Steven Kyle

Keller Williams Hollywood Hills License #01386935

Keller Williams Hollywood Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,687

Year Built

  • Built in 1924

Lot Details

  • 0.44 Acre Lot
  • Property is zoned LARE11

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Views of a landmark
  • Canal

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Sauna
  • Security System Owned
  • Laundry closet
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Zoned Heating and Cooling
  • Sewer in Street

Additional Features

  • Open Patio
  • Fireplace in Guest House

Listing and Financial Details

  • Assessor Parcel Number 5588-011-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,687

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Guest House, Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 7
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Closet
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5588-011-006
  • Geocode Override: No
  • Lot Size Area: 19300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 9, 2014
Sold by
Maraian Paul Michael and Maraian Arousiak Varpetian
Bought by
Raso Joseph
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Steven Kyle
Keller Williams Hollywood Hills
List Price
$1,997,000
Sold Price
$1,975,000
Premium/Discount to List
-$22,000
-1.1%
Current Estimated Value
$3,729,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,754,378
Avg. Annual Appreciation
5.80%

Purchase Details

Listed on
Oct 3, 2011
Closed on
Feb 16, 2012
Sold by
Tight Steven Mitchell and Tight Christine Ann
Bought by
Marsian Paul Michael and Maraian Arousiak Varpetian
Seller's Agent
Edward Fitz
The Agency
Buyer's Agent
Jerry Freeman
List Price
$1,675,000
Sold Price
$1,475,000
Premium/Discount to List
-$200,000
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$1,094,625
Interest Rate
3.84%
Mortgage Type
VA

Purchase Details

Closed on
Dec 1, 2004
Sold by
Tight Steven Mitchell and Garvey Christine Ann
Bought by
Tight Steven Mitchell and Tight Christine Ann

Purchase Details

Closed on
Oct 17, 2002
Sold by
Tight Steven Mitchell
Bought by
Tight Steven Mitchell and Garvey Christine Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 1996
Sold by
Lopez Jess C and Lopez Virginia
Bought by
Tight Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Interest Rate
7.88%
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
Raso Joseph $1,975,000 Equity Title
Marsian Paul Michael $1,475,000 North American Title Company
Tight Steven Mitchell -- --
Tight Steven Mitchell -- Fidelity National Title Co
Tight Steven M $598,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsian Paul Michael $1,094,625
Previous Owner Tight Steven Mitchell $674,000
Previous Owner Tight Steven M $478,400
Closed Tight Steven Mitchell $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2014 07/18/14 Sold $1,975,000 -1.1% $620 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $1,997,000 +35.4% $627 / Sq Ft
02/27/2012 02/27/12 Sold $1,475,000 -3.5% $463 / Sq Ft View Prior Sale
01/09/2012 01/09/12 Price Changed $1,529,000 -8.7% $480 / Sq Ft
10/03/2011 10/03/11 For Sale $1,675,000 -- $526 / 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 $27,687 $2,302,616 $1,682,586 $620,030
2024 $27,687 $2,257,468 $1,649,595 $607,873
2023 $27,150 $2,213,204 $1,617,250 $595,954
2022 $25,886 $2,169,809 $1,585,540 $584,269
2021 $25,572 $2,127,264 $1,554,451 $572,813
2020 $25,836 $2,105,453 $1,538,513 $566,940
2019 $24,807 $2,064,171 $1,508,347 $555,824
2018 $24,661 $2,023,698 $1,478,772 $544,926
2016 $23,588 $1,945,117 $1,421,350 $523,767
2015 $23,053 $1,900,000 $1,400,000 $500,000
2014 $16,339 $1,306,403 $794,088 $512,315
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Konstantine Valissarakos

    Nourmand & Associates-HW

    (323) 252-9451

    17 in this area

    63 Total Sales

    Konstantine Valissarakos
    Section Image
  • Richard Yohon

    Seller Co-Listing Agent in 2014

    Richard Yohon

    Sotheby's International Realty

    (323) 671-2356

    16 in this area

    57 Total Sales

    Richard Yohon
    Section Image
  • Steven Kyle

    Buyer's Agent in 2014

    Steven Kyle

    Keller Williams Hollywood Hills

    (323) 963-4732

    1 Total Sale

    Steven Kyle
    Section Image
  • Edward Fitz

    Seller's Agent in 2012

    Edward Fitz

    The Agency

    (310) 650-0052

    1 in this area

    12 Total Sales

    Edward Fitz
    Section Image

  • J

    Buyer's Agent in 2012

    Jerry Freeman

See All Agents

Map

Source: The MLS

MLS Number: 14-769905

The MLS

APN: 5588-011-006

California Los Angeles County Los Angeles 90027 Los Feliz

2814 Glendower Ave, Los Angeles, CA

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