NOT LISTED FOR SALE

Estimated Value: $5,042,000 - $5,755,000

5 Beds
4 Baths
3,769 Sq Ft
$1,435/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2018

Last sale price $3,982,500 $1,057 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $32,962 / mo

26 Days on Market

Highlights

  • Unit is on the top floor
  • Views of Trees
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Living Room with Fireplace
  • Mediterranean Architecture

About This Home

As of October 2018

Stunning 5 bedroom, 4.5 bath Mediterranean house in prime Windsor Square! 340 South Lucerne has a fabulous layout with a center-hall floor plan, grand living and dining rooms, chef's kitchen, family room, powder room, and bedroom with bath. Upstairs has master suite replete with walk-in closets/bathroom, laundry room, and 3 other generous bedrooms and 2 baths. Original details include exceptionally high ceilings, grand magnesite stairs with banister, French doors in family and living room lead to lovely park-like grounds, covered loggia, vegetable garden and bonus room off the garage. 340 South Lucerne is the perfect blend of old world charm, beautiful architecture and modern conveniences!

Last Agent to Sell the Property

Diana Knox

The Agency License #01346847 Listed on: 08/02/2018

The Agency

Last Buyer's Agent

Adam Corleto

Maywood Property Group License #01488562

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 14,420 Sq Ft Lot
  • West Facing Home
  • Property is zoned LARE11

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,769 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Views of Trees
  • Alarm System

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Unit is on the top floor

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5505-025-011

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Top Level
  • Street Number Display: Yes
  • Living Area: 3769
  • Stories: 2
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Stone Tile, Tile, Wood
  • Appliances: Built-In Gas
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Network Wire, Refrigerator
  • Price Per S Q F T: 1087.82

Exterior Features

  • Direction Faces: West
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Barrel
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5505-025-011
  • Geocode Override: No
  • Lot Size Area: 14420

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 20, 2018
Sold by
Harris James M
Bought by
Corleto Adam and Corleto Melissa
Seller's Agent
Diana Knox
The Agency
Buyer's Agent
Adam Corleto
Maywood Property Group
List Price
$4,100,000
Sold Price
$3,982,500
Premium/Discount to List
-$117,500
-2.87%
Current Estimated Value
$5,408,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,425,748
Avg. Annual Appreciation
4.14%
Original Mortgage
$2,200,000
Outstanding Balance
$1,853,312
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,554,936

Purchase Details

Closed on
Jul 5, 2011
Sold by
Harris James M and Harris Janna B
Bought by
Harris James M and Harris Janna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2003
Sold by
Harris James M and Harris Janna B
Bought by
Harris James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Corleto Adam $3,982,500 Equity Title Los Angeles
Harris James M -- Accommodation
Harris James M -- First American Title Company
Harris James M -- --
Harris James M $1,600,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corleto Adam $2,200,000
Previous Owner Harris James M $715,000
Previous Owner Harris James M $1,000,000
Closed Harris James M $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $3,982,500 -2.9% $1,057 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $4,100,000 -- $1,088 / Sq Ft
Source: The MLS

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 $53,835 $4,534,711 $3,554,042 $980,669
2024 $53,835 $4,445,796 $3,484,355 $961,441
2023 $52,780 $4,358,625 $3,416,035 $942,590
2022 $50,306 $4,273,162 $3,349,054 $924,108
2021 $49,703 $4,189,376 $3,283,387 $905,989
2020 $50,224 $4,062,150 $3,249,720 $812,430
2019 $47,230 $3,982,500 $3,186,000 $796,500
2018 $24,603 $2,023,315 $1,599,443 $423,872
2017 $24,069 $1,983,643 $1,568,082 $415,561
2016 $23,525 $1,944,749 $1,537,336 $407,413
2015 $23,180 $1,915,538 $1,514,244 $401,294
2014 $23,249 $1,878,017 $1,484,583 $393,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-371168

The MLS

APN: 5505-025-011

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