NOT LISTED FOR SALE

3227 Velma Dr Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $1,703,000 - $2,415,000

3 Beds
3 Baths
2,400 Sq Ft
$817/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $1,195,000 $498 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,773/month

7 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Attached Garage
  • Living Room with Fireplace
  • Modern Architecture
  • Built-In Features

About This Home

As of March 2014

Tastefully remodeled 2 story house in Hollywood Hills! Totally restored inside and outside. 2 bedrooms and 1 bath in first floor and 1 bedroom with Huge entertainment room and 2 bath in Second floor. Additional separate entrance from the backyard. 2 attached garage with space for 6 car parking. Formal dining area. Viking kitchen appliances. Must see!

Last Agent to Sell the Property

Joelle Kim

Westside Luxury Real Estate, Inc License #01355308 Listed on: 01/21/2014

Last Buyer's Agent

William Barker

Compass License #01248100

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,158

Year Built

  • Built in 1937

Lot Details

  • 5,187 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Attached Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5579-006-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,158

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 2400
  • Stories: 2
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 497.92

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Attached

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5579-006-007
  • Geocode Override: No
  • Lot Size Area: 5187

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Schwartz Elizabeth
Bought by
Schwartz Elizabeth and Golden Kathryn
Current Estimated Value
$1,960,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$446,253
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$1,513,887

Purchase Details

Listed on
Jan 21, 2014
Closed on
Feb 3, 2014
Sold by
Aaa Investment Group Inc
Bought by
Schwartz Elizabeth
Seller's Agent
Joelle Kim
Westside Luxury Real Estate, Inc
Buyer's Agent
William Barker
Compass
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$836,500
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2013
Closed on
Sep 26, 2013
Sold by
Cardinali Michael P and Estate Of Loretta Cardinali
Bought by
Aaa Investment Group Inc
Seller's Agent
Marilynn Bradbury
Ramsey-Shilling Assoc
Buyer's Agent
Joelle Kim
Westside Luxury Real Estate, Inc
List Price
$679,900
Sold Price
$706,500
Premium/Discount to List
$26,600
3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
249.52%
Original Mortgage
$450,000
Interest Rate
4.57%
Mortgage Type
New Conventional
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
Schwartz Elizabeth -- Fidelity National Title
Schwartz Elizabeth $1,195,011 Lawyers Title
Aaa Investment Group Inc $706,500 Old Republic Title Co La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Elizabeth $620,000
Closed Schwartz Elizabeth $836,500
Previous Owner Aaa Investment Group Inc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2014 03/07/14 Sold $1,195,000 0.0% $498 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $1,195,000 +69.1% $498 / Sq Ft
10/04/2013 10/04/13 Sold $706,500 -4.8% $271 / Sq Ft View Prior Sale
09/23/2013 09/23/13 Pending -- -- --
08/20/2013 08/20/13 Price Changed $742,325 +9.2% $285 / Sq Ft
07/11/2013 07/11/13 For Sale $679,900 -- $261 / 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 $18,158 $1,508,283 $1,134,041 $374,242
2024 $18,158 $1,478,709 $1,111,805 $366,904
2023 $17,805 $1,449,715 $1,090,005 $359,710
2022 $16,976 $1,421,290 $1,068,633 $352,657
2021 $16,769 $1,393,423 $1,047,680 $345,743
2020 $16,941 $1,379,136 $1,036,938 $342,198
2019 $16,267 $1,352,095 $1,016,606 $335,489
2018 $16,150 $1,325,584 $996,673 $328,911
2016 $15,442 $1,274,112 $957,972 $316,140
2015 $15,216 $1,254,975 $943,583 $311,392
2014 $8,883 $707,000 $566,000 $141,000
Source: Public Records

Agents Affiliated with this Home

  • Joelle Kim

    Seller's Agent in 2014

    Joelle Kim

    Westside Luxury Real Estate, Inc

    (213) 255-6510

    16 Total Sales

    Joelle Kim
    Section Image
  • William Barker

    Buyer's Agent in 2014

    William Barker

    Compass

    (310) 666-8301

    6 Total Sales

    William Barker
    Section Image
  • Marilynn Bradbury

    Seller's Agent in 2013

    Marilynn Bradbury

    Ramsey-Shilling Assoc

    (818) 489-8565

    5 in this area

    19 Total Sales

    Marilynn Bradbury
    Section Image
  • Marti Harlow

    Seller Co-Listing Agent in 2013

    Marti Harlow

    Rodeo Realty

    (310) 963-7355

    6 Total Sales

    Marti Harlow
    Section Image
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Map

Source: The MLS

MLS Number: 14-730891

The MLS

APN: 5579-006-007

California Los Angeles County Los Angeles 90068 Hollywood Hills

3227 Velma Dr, Los Angeles, CA

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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