NOT LISTED FOR SALE

3040 Arrowhead Dr Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $2,605,148 - $2,848,000

5 Beds
4 Baths
2,684 Sq Ft
$1,017/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $1,895,000 $706 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $16,564/month

2 Days on Market

Highlights

  • Two Primary Bedrooms
  • Cape Cod Architecture
  • Wood Flooring
  • Canyon View
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of April 2017

1000 Character Description (MLS)Set against a backdrop of Griffith Park and the Hollywood sign, this stunning traditional retreat in the highly coveted Lake Hollywood Estates enclave has been beautifully renovated, offering contemporary elegance and luxurious upgrades on over a ¼ acre of landscaped grounds. A hand-forged Art Deco staircase in the main foyer sets the tone for the rest of the home, while an open, light-filled living area features gorgeous maple floors, a fireplace, and a wet bar and spills into the formal dining room, with folding pocket doors to lush grounds. A chef's kitchen features designer appliances, custom cabinetry, and a breakfast bar. French doors off the family room open to an outdoor patio and a spacious en-suite guest room includes a separate entrance from the backyard. Every room upstairs is situated toward beautiful views, including two guest rooms and two generous master suites with luxurious baths. A grassy backyard with an expansive patio and fire pi

Last Agent to Sell the Property

Eric Lavey

The Beverly Hills Estates License #01511292 Listed on: 02/21/2017

The Beverly Hills Estates

Co-Listed By

Feroz Taj

The Agency License #02004840

Last Buyer's Agent

Kofi Nartey

Globl RED License #01404511

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Property is zoned LARE15

Property Views

  • Canyon
  • Hills

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,684 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5577-035-044

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 2684
  • Stories: 2
  • Year Built: 1968
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 706.04

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5577-035-044
  • Geocode Override: No
  • Lot Size Area: 11638

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Risley Elizabeth A
Bought by
Risley David R
Current Estimated Value
$2,730,787

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 23, 2017
Sold by
Snyder Michael E and Rechy John
Bought by
Risley David R and Risley Elizabeth A
Seller's Agent
Eric Lavey
The Beverly Hills Estates
Buyer's Agent
Kofi Nartey
Globl RED
List Price
$1,895,000
Sold Price
$1,895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$1,610,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 14, 2017
Sold by
Snyder Michael E and Ewing Michael
Bought by
Snyder Michael E and Rechy John
Seller's Agent
Eric Lavey
The Beverly Hills Estates
Buyer's Agent
Kofi Nartey
Globl RED
List Price
$1,895,000
Sold Price
$1,895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2004
Sold by
Snyder Michael Earl and The Ewing/Snyder Trust
Bought by
Snyder Michael E and Ewing Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Snyder Michael E and Ewing Michael
Bought by
Snyder Michael Earl and Ewing Michael

Purchase Details

Closed on
Feb 5, 2003
Sold by
Watson Gloria Gail and Gloria Gail Watson Living Trus
Bought by
Snyder Michael E and Ewing Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,200
Interest Rate
5.82%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Watson Gloria G
Bought by
Watson Gloria Gail and Gloria Gail Watson Living Trus

Purchase Details

Closed on
Mar 4, 1998
Sold by
Watson Gloria G
Bought by
Watson Gloria Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.99%

Purchase Details

Closed on
May 14, 1997
Sold by
Watson Henry J
Bought by
Watson Gloria Gail
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Risley David R -- None Listed On Document
Risley David R $1,895,000 Fidelity National Title Co
Snyder Michael E -- None Available
Snyder Michael E -- Gateway Title Company
Snyder Michael Earl -- --
Snyder Michael E $774,000 California Title Company
Watson Gloria Gail -- --
Watson Gloria Gail -- American Title Co
Watson Gloria Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Risley David R $1,610,750
Previous Owner Snyder Michael E $975,000
Previous Owner Snyder Michael E $619,200
Previous Owner Watson Gloria Gail $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $1,895,000 0.0% $706 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $1,895,000 -- $706 / 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 $26,393 $2,199,303 $1,759,445 $439,858
2024 $26,393 $2,156,181 $1,724,947 $431,234
2023 $25,879 $2,113,904 $1,691,125 $422,779
2022 $24,699 $2,072,456 $1,657,966 $414,490
2021 $24,402 $2,031,820 $1,625,457 $406,363
2019 $23,603 $1,971,557 $1,577,246 $394,311
2018 $23,482 $1,932,900 $1,546,320 $386,580
2016 $11,571 $946,952 $757,567 $189,385
2015 $11,403 $932,729 $746,188 $186,541
2014 $11,441 $914,459 $731,572 $182,887
Source: Public Records

Agents Affiliated with this Home

  • Eric Lavey

    Seller's Agent in 2017

    Eric Lavey

    The Beverly Hills Estates

    (310) 908-6800

    1 in this area

    69 Total Sales

    Eric Lavey
    Section Image
  • Feroz Taj

    Seller Co-Listing Agent in 2017

    Feroz Taj

    The Agency

    (424) 230-3700

    4 in this area

    38 Total Sales

    Feroz Taj
    Section Image
  • Kofi Nartey

    Buyer's Agent in 2017

    Kofi Nartey

    Globl RED

    (310) 849-5634

    1 in this area

    34 Total Sales

    Kofi Nartey
    Section Image
  • Trevor Lambright

    Buyer Co-Listing Agent in 2017

    Trevor Lambright

    Compass

    (424) 253-5592

    11 Total Sales

    Trevor Lambright
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-203908

The MLS

APN: 5577-035-044

California Los Angeles County Los Angeles 90068 Hollywood Hills

3040 Arrowhead Dr, Los Angeles, CA

Not Listed for Sale

Detached

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