NOT LISTED FOR SALE

3283 Velma Dr Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $1,630,393 - $2,078,000

3 Beds
2.5 Baths
2,200 Sq Ft
$845/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $1,008,000 $458 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,978/month

5 Days on Market

Highlights

  • Wine Cellar
  • Contemporary Architecture
  • Wood Flooring
  • Views of Trees
  • Living Room with Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of May 2013

Located in the desirable Lake Hollywood Manor this sleek and sophisticated contemporary home shows like a model! The light and bright living room has hardwood floors, walls of glass, recessed lighting, fireplace private balcony and gorgeous views of the Hollywood mountains and Cahuenga Peak. The kitchen has granite counters and stainless steel appliances and a built-in BBQ on the balcony. The master bedroom is romantic with a sexy edge! Complete with a step-down sitting area with fireplace and glass walls that lead out to a private balcony, perfect for that morning cup of coffee or evening glass of wine. A large walk-in closet, great storage and well appointed master bath. The guest bedrooms have a serene feeling of the outdoors with foliage surrounding the windows. One of the best features of this home is the large grassy backyard beautifully landscaped including orange and lemon trees. There is also a good size, refrigerated wine cellar. Large double car garage and great storage.

Last Agent to Sell the Property

Tom Otero

Rodeo Realty License #01153440 Listed on: 04/06/2013

Rodeo Realty

Last Buyer's Agent

Eric Lavey

The Beverly Hills Estates License #01511292

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,982

Year Built

  • Built in 1984

Lot Details

  • 5,192 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • Trees
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,200 Sq Ft Home
  • Wine Cellar
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5579-007-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,982

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2200
  • Year Built: 1984
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 443.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Hills, Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air

Lot Info

  • Assessor Parcel Number: 5579-007-008
  • Geocode Override: No
  • Lot Size Area: 5192

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2013
Closed on
Apr 17, 2013
Sold by
Lee Haewon Cha and Jae & Haewon Lee Trust
Bought by
Rozenblatt David
Seller's Agent
Tom Otero
Rodeo Realty
Buyer's Agent
Eric Lavey
The Beverly Hills Estates
List Price
$975,000
Sold Price
$1,008,000
Premium/Discount to List
$33,000
3.38%
Current Estimated Value
$1,858,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,598
Avg. Annual Appreciation
5.04%
Original Mortgage
$625,500
Outstanding Balance
$440,316
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$1,418,282

Purchase Details

Closed on
Aug 16, 2007
Sold by
Lee Jae Jonathan and Lee Haewon Cha
Bought by
Lee Jae Jonathan and Lee Haewon Cha

Purchase Details

Closed on
Jun 30, 2004
Sold by
Reilly John and Reilly Ellen Bluestone
Bought by
Lee Jae Jonathan and Lee Haewon Cha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1996
Sold by
Great Western Bank Fsb
Bought by
Reilly John and Reilly Ellen Bluestone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
7.05%

Purchase Details

Closed on
Nov 3, 1995
Sold by
Robbins Marcia and Basso Lynn
Bought by
Great Western Bank Fsb
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
Rozenblatt David $1,008,000 Progressive
Lee Jae Jonathan -- None Available
Lee Jae Jonathan $865,000 Chicago Title
Reilly John $305,000 Chicago Title Co
Great Western Bank Fsb $175,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rozenblatt David $625,500
Previous Owner Lee Jae Jonathan $615,000
Previous Owner Reilly John $289,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $1,008,000 +3.4% $458 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $975,000 -- $443 / 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 $14,982 $1,241,267 $951,519 $289,748
2024 $14,982 $1,216,929 $932,862 $284,067
2023 $14,693 $1,193,069 $914,571 $278,498
2022 $14,009 $1,169,677 $896,639 $273,038
2021 $13,836 $1,146,743 $879,058 $267,685
2019 $13,422 $1,112,733 $852,986 $259,747
2018 $13,360 $1,090,915 $836,261 $254,654
2016 $12,772 $1,048,555 $803,789 $244,766
2015 $12,586 $1,032,806 $791,716 $241,090
2014 $12,626 $1,012,576 $776,208 $236,368
Source: Public Records

Agents Affiliated with this Home

  • Tom Otero

    Seller's Agent in 2013

    Tom Otero

    Rodeo Realty

    (818) 919-5350

    42 in this area

    53 Total Sales

    Tom Otero
    Section Image
  • Eric Lavey

    Buyer's Agent in 2013

    Eric Lavey

    The Beverly Hills Estates

    (310) 908-6800

    3 in this area

    79 Total Sales

    Eric Lavey
    Section Image
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Map

Source: The MLS

MLS Number: 13-663225

The MLS

APN: 5579-007-008

California Los Angeles County Los Angeles 90068 Hollywood Hills

3283 Velma Dr, Los Angeles, CA

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