NOT LISTED FOR SALE

Estimated Value: $2,868,000 - $3,897,000

3 Beds
5 Baths
2,836 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $2,730,000 $963 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $22,179/month

8 Days on Market

Highlights

  • Heated In Ground Pool
  • City Lights View
  • Living Room with Fireplace
  • Franklin Avenue Elementary Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of October 2019

The true essence of 1920's Spanish Colonial architecture grabs you from the street with its stark beauty and continues inside to a warm stylish casual interior; plus an extraordinary back yard with pool, spa, pergola and multiple patios. All of the classic hallmarks are here including: solid oak hardwood floors; stained glass windows; original arched casement windows; wood beamed ceiling and curved sweeping magnesite staircase. Gorgeous sunny living room with fireplace opens to stunning dining room almost completely surrounded by arched French doors and windows. Eat-in chef's kitchen with stainless appliances, center island and breakfast area overlooks views of the mountains valleys and hills. Upstairs are three bedrooms and three baths including an exquisite master with tiled bath and large closets. Separate bonus room/bonus bath currently used as an office/gym. Park-like grounds with roofed pergola; pool and separate spa on a huge almost-flat lot. Blue Ribbon Franklin Elementary.

Last Agent to Sell the Property

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114 Listed on: 09/05/2019

Co-Listed By

Richard Yohon

Sotheby's International Realty License #01276405

Last Buyer's Agent

Tori Horowitz

Compass License #01703353

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,225

Year Built

  • Built in 1924

Lot Details

  • 0.27 Acre Lot
  • Property is zoned LAR1

Property Views

  • City Lights
  • Canyon
  • Mountain

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Parking

  • 2 Parking Spaces
  • Driveway

Pool

  • Heated In Ground Pool
  • Above Ground Spa

Outdoor Features

  • Covered patio or porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5434-004-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,225

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 2836
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 3
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 876.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Canyon, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central, Dual
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5434-004-021
  • Geocode Override: No
  • Lot Size Area: 11578

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Moore Tara
Bought by
Sarna Phil
Current Estimated Value
$3,454,548

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 10, 2019
Sold by
Palotay Michael and Palotay Hilary
Bought by
Moore Tara and The Last Frontler Trust
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Tori Horowitz
Compass
List Price
$2,487,000
Sold Price
$2,730,000
Premium/Discount to List
$243,000
9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$1,738,500
Interest Rate
3.4%

Purchase Details

Closed on
Aug 13, 2014
Sold by
Moyer Steven Faulkner
Bought by
Palotay Michael and Palotay Hilary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2012
Closed on
Jul 31, 2012
Sold by
Koonce Kenneth William and Koonce Kenneth William
Bought by
Moyer Steven Faulkner
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Bryan Miyamoto
Keller Williams Realty Los Feliz
List Price
$1,489,000
Sold Price
$1,571,000
Premium/Discount to List
$82,000
5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$1,256,800
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2011
Closed on
Feb 1, 2012
Sold by
Pruett Diane and Callas Family 1991 Trust
Bought by
Koonce Kenneth William and Koonce Kenneth William
Seller's Agent
Troy Gregory
Douglas Elliman
Buyer's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.35%
Original Mortgage
$750,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Sarna Phil -- None Available
Moore Tara $2,730,000 Equity Title Company
Palotay Michael $1,940,000 None Available
Moyer Steven Faulkner $1,571,000 Equity Title
Koonce Kenneth William $1,075,010 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarna Phil $1,710,000
Previous Owner Moore Tara $1,738,500
Previous Owner Palotay Michael $1,333,000
Previous Owner Palotay Michael $403,000
Previous Owner Palotay Michael $1,364,000
Previous Owner Palotay Michael $1,400,000
Previous Owner Palotay Michael $1,425,000
Previous Owner Moyer Steven Faulkner $1,256,800
Previous Owner Koonce Kenneth William $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $2,730,000 +9.8% $963 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $2,487,000 +58.3% $877 / Sq Ft
08/07/2012 08/07/12 Sold $1,571,000 +5.5% $554 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $1,489,000 +38.5% $525 / Sq Ft
02/24/2012 02/24/12 Sold $1,075,000 -2.3% $413 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
11/14/2011 11/14/11 For Sale $1,100,000 -- $423 / 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
2024 $35,225 $2,897,097 $2,260,373 $636,724
2023 $34,536 $2,840,292 $2,216,052 $624,240
2022 $33,254 $2,813,447 $2,195,107 $618,340
2021 $32,860 $2,758,282 $2,152,066 $606,216
2020 $33,204 $2,730,000 $2,130,000 $600,000
2019 $24,984 $2,090,137 $1,512,656 $577,481
2018 $24,845 $2,049,155 $1,482,997 $566,158
2016 $23,771 $1,969,585 $1,425,411 $544,174
2015 $23,421 $1,940,000 $1,404,000 $536,000
2014 $19,541 $1,578,132 $1,104,994 $473,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-507210

The MLS

APN: 5434-004-021