$1,075,000
SOLD FEB 24, 2012
3 Beds
2.5 Baths
2,600 Sq Ft
0.27 Acres

Recently Sold

$413 Per Sq Ft

2% Below List Price

71 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Bonus Room
  • Franklin Avenue Elementary Rated A-
  • Spanish Architecture
  • Detached Garage

About This Home

As of October 2019

Beautiful 1924 Spanish Colonial first time on the market since 1952. Grand living room has beautiful parquet floors, beamed ceilings and large fireplace. Gracious floor plan continues to the large dining room with arched windows and coffered ceiling. Large kitchen with floor to ceiling vintage tile is adjacent the office/den with spectacular views.Magnesite staircase leads to the private level with 3 bedrooms and 2 baths. One bedroom is in suite with character ¾ bath. Center room has large balcony with panoramic views. Large Master bedroom has 2 separate closets and large attached nursery/office. All bedrooms have great views.Four separate patio areas provide great space for outdoor entertaining or just enjoying the large grassy yard and views this property provides. Finished basement with separate access provides an additional 450 sqft of usable space with great light through the original windows.

Last Agent to Sell the Property

Troy Gregory

Sotheby's International Realty License #01469060 Listed on: 11/14/2011

Sotheby's International Realty

Last Buyer's Agent

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114

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

Parking

  • Detached Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Gravity Heating System

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
  • Street Number Display: Yes
  • Living Area: 2600
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Hardwood
  • Bedrooms: 3
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.50
  • Den: 0
  • Price Per S Q F T: 423.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Heating: Gravity

Lot Info

  • Assessor Parcel Number: 5434-004-021
  • Lot Size Area: 11566

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
$3,475,146

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
5.03%
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
6.65%
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
Sotheby's International Realty
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 Type Sale Price Title Company
Grant Deed -- None Available
Warranty Deed $2,730,000 Equity Title Company
Grant Deed $1,940,000 None Available
Grant Deed $1,571,000 Equity Title
Grant Deed $1,075,010 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,710,000 New Conventional
Previous Owner $1,738,500 No Value Available
Previous Owner $1,333,000 Adjustable Rate Mortgage/ARM
Previous Owner $403,000 Credit Line Revolving
Previous Owner $1,364,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,400,000 New Conventional
Previous Owner $1,425,000 New Conventional
Previous Owner $1,256,800 New Conventional
Previous Owner $750,000 New Conventional
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
2025 $35,225 $2,955,038 $2,305,580 $649,458
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: 11-566529

The MLS

APN: 5434-004-021