NOT LISTED FOR SALE

Estimated Value: $5,889,000 - $6,811,000

6 Beds
4.5 Baths
4,735 Sq Ft
$1,328/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $4,680,000 $988 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $39,255/month

15 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Deck
  • Third Street Elementary School Rated A
  • 0.44 Acre Lot
  • Living Room with Fireplace

About This Home

As of November 2020

First time on market in almost 70 years!!! Well maintianed, original, prime Hancock Park home. Large living room, dining room, and library. Living room and library--each has its own fireplace. Formal breakfast room. Well-loved family room with wet bar which overlooks the beautifully-maintained grounds and pool. Traditional layout with four, large, upstairs bedrooms located at the four corners of the home. One of the rear bedrooms has an adjacent, enclosed sun room w/ a faux fireplace. Two Jack & Jill bathrooms up. Downstirs there is a powder room and another bed & bath adjacent to kitchen and laundry room. Attached to the two-car garage, there is a small bedroom/storage room with an adjacent 3/4 bath. Attached tool shed beyond this outside bedroom. Tons of potential--not to be missed!! Offers to be reviewed starting 10.12.2020, at 11:00 A.M.

Last Agent to Sell the Property

Andrew Woodward

Keller Williams Larchmont License #00811870 Listed on: 10/02/2020

Keller Williams Larchmont

Co-Listed By

Mary C. Woodward

Keller Williams Larchmont License #01128275

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,699

Year Built

  • Built in 1923

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100x190
  • West Facing Home
  • Block Wall Fence
  • Landscaped
  • Sprinklers on Timer
  • Lawn
  • Property is zoned LARE15

Home Design

  • Mediterranean Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,735 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Library with Fireplace
  • Workshop
  • Partial Basement
  • Security Lights
  • Laundry Room

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Powder Room
  • Bathtub with Shower

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • Automatic Gate

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Rain Gutters
  • Rear Porch

Additional Homes

  • Detached Guest House

Utilities

  • Gravity Heating System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5505-010-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,699

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 4735
  • Lot Acreage: 0.4362
  • Lot Dimensions: 100x190
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Basement - Partial
  • Fireplace Rooms: Library, Living Room
  • Flooring: Mixed, Hardwood, Carpet
  • Appliances: Built-In And Free Standing, Built-In Gas, Gas, Oven
  • Bedrooms: 6
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Room, Formal Dining Rm
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 844.56

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Sliding Glass Doors, Rain Gutters
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Block
  • Guest House: Detached
  • Patio: Deck(s), Porch - Rear
  • Pool Description: Gunite, In Ground
  • Pool: Yes
  • Roof: Clay, Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached, Detached, Covered Parking, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water District: DWP
  • Water Heater: Gas
  • Heating: Gravity
  • Security: Automatic Gate, Exterior Security Lights
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 5505-010-003
  • Lot Description: Gutters, Curbs, Landscaped, Lawn
  • Lot Size Area: 19002

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 22, 2020
Sold by
Kelly Joanne and Olsen Kenneth R
Bought by
324 Muirfield Llc
Seller's Agent
Andrew Woodward
Keller Williams Larchmont
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$3,999,000
Sold Price
$4,680,000
Premium/Discount to List
$681,000
17.03%
Current Estimated Value
$6,288,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,608,299
Avg. Annual Appreciation
6.01%
Original Mortgage
$3,450,000
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
324 Muirfield Llc $4,683,000 Usa National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 324 Muirfield Llc $6,591,000
Closed 324 Muirfield Llc $3,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $4,680,000 +17.0% $988 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $3,999,000 -- $845 / 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 $60,699 $5,069,027 $4,055,223 $1,013,804
2024 $60,699 $4,969,635 $3,975,709 $993,926
2023 $59,504 $4,872,192 $3,897,754 $974,438
2022 $56,704 $4,776,660 $3,821,328 $955,332
2021 $56,012 $4,683,000 $3,746,400 $936,600
2020 $3,942 $255,069 $142,108 $112,961
2019 $3,808 $250,069 $139,322 $110,747
2018 $3,652 $245,167 $136,591 $108,576
2016 $3,441 $235,649 $131,288 $104,361
2015 $3,396 $232,110 $129,316 $102,794
2014 $3,416 $227,564 $126,783 $100,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-638790

The MLS

APN: 5505-010-003