$2,225,000
SOLD AUG 22, 2013
4 Beds
5 Baths
4,106 Sq Ft
8,905 Sq Ft Lot

Recently Sold

$542 Per Sq Ft

3% Below List Price

152 Days on Market

Highlights

  • Detached Guest House
  • Wine Cellar
  • Gourmet Kitchen
  • Franklin Avenue Elementary Rated A-
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of June 2015

The Payne Residence, 2007; FIN Architecture-Christopher Payne, A.I.A. Functionalism transcends the box in this suave exploration of contemporary modernism on a street-to-street double-lot with sweeping views, pool and a concrete & glass studio. Mirroring the distant crest of the high San Gabriels, Payne's design exploits the gentle horizontal curve of Ronda Vista Place & dramatic verticality in the cliff-like forms facing the downslope. Within, space is bent & refracted, as if natural crystalline forms had grown and merged via geologic, natural geometries. Faceted, origami-like cherry-panel ceilings give living room, dining room & kitchen a playful & pleasing complexity & contrast with elegantly detailed terrazzo & concrete floors. Upstairs, living quarters enjoy substantial separation & panoramas, with ample all-day sun. Rarely is such restrained use of modern materials so rich & sheltering; pool-side studio with separate entry. SolarCity long-lease electric system; "Green" design.

Last Agent to Sell the Property

Michael Phillips

Crosby Doe Associates, Inc. License #01721282 Listed on: 02/08/2013

Co-Listed By

Crosby Doe

Crosby Doe Associates, Inc. License #00463731

Last Buyer's Agent

Joshua Buxbaum

Rodeo Realty License #01374032

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,790

Year Built

  • Built in 2007

Lot Details

  • 8,905 Sq Ft Lot
  • Chain Link Fence
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 3 Car Direct Access Garage
  • Driveway

Home Design

  • Stucco

Interior Spaces

  • 4,106 Sq Ft Home
  • 2-Story Property
  • Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Wine Cellar
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Intercom
  • Alarm System

Pool

  • In Ground Pool
  • Exercise
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Open Patio

Additional Homes

  • Detached Guest House

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater
  • Central Water Heater
  • Sewer in Street

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5433-009-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,790

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 4106
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2007
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Cement, Terrazzo, Wood
  • Appliances: Built-In Gas
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Bedroom Features: All Bedrooms Up, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Powder Room, Shower and Tub, Shower Stall, Under Vanity Lighting
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Corian Counters, Gourmet Kitchen, Island
  • Laundry: Inside, On Upper Level
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Intercom, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 560.16
  • Windows: Double Pane Windows, Window Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Energy Efficient, High Ceilings (9 Feet+), Sliding Glass Doors
  • Tennis Court Y/N: No
  • Fence: Chain Link
  • Guest House: Detached
  • Patio: Concrete Slab
  • Pool Description: Exercise Pool, Fenced, Heated with Gas, In Ground
  • Pool: Yes
  • Spa: Heated with Gas, In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Attached, Covered Parking, Direct Entrance, Driveway - Concrete, Garage, Garage Is Attached
  • Total Parking: 3

Utilities

  • Water District: DWP
  • Water Heater: Central Water Heater, Gas, Tankless
  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central, Natural Gas, Zoned
  • Sewer: In Street
  • Water: District

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 5433-009-035
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Size Area: 8905

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
May 22, 2015
Sold by
Goldblatt Jacob
Bought by
Fairey Revocable Trust
Seller's Agent
Joshua Buxbaum
Rodeo Realty
Buyer's Agent
Patricia Ruben
Sotheby's International Realty
List Price
$2,549,000
Sold Price
$2,540,600
Premium/Discount to List
-$8,400
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Listed on
Feb 8, 2013
Closed on
Jul 26, 2013
Sold by
Payne Christopher David and Palmer Payne Lisa Marie
Bought by
Goldblatt Jacob
Seller's Agent
Michael Phillips
Crosby Doe Associates, Inc.
Buyer's Agent
Joshua Buxbaum
Rodeo Realty
List Price
$2,300,000
Sold Price
$2,225,000
Premium/Discount to List
-$75,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$1,557,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 8, 2004
Sold by
Stiers David Ogden
Bought by
Payne Christopher David and Palmer Payne Lisa Marie

Purchase Details

Closed on
Apr 23, 2001
Sold by
Delong James G
Bought by
Stiers David Ogden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 3, 2000
Sold by
Delong James G
Bought by
Delong James G

Purchase Details

Closed on
Sep 10, 1999
Sold by
Tabor Arlene
Bought by
Tabor Arlene I and Arlene I Tabor Trust
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 $2,541,000 Equity Title Company
Grant Deed $2,225,000 Lawyers Title
Grant Deed $475,454 Chicago Title Co
Grant Deed $65,000 First American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,216,250 New Conventional
Closed $1,500,000 New Conventional
Previous Owner $1,557,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,113,550 Adjustable Rate Mortgage/ARM
Previous Owner $1,100,000 Unknown
Previous Owner $899,608 Construction
Previous Owner $58,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $4,650,000 +83.0% $1,142 / Sq Ft
06/03/2015 06/03/15 Sold $2,540,600 -0.3% $624 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $2,549,000 +14.6% $626 / Sq Ft
08/22/2013 08/22/13 Sold $2,225,000 -3.3% $542 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $2,300,000 -- $560 / 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 $37,790 $3,083,619 $1,815,261 $1,268,358
2023 $37,056 $3,023,157 $1,779,668 $1,243,489
2022 $35,333 $2,963,880 $1,744,773 $1,219,107
2021 $34,908 $2,905,765 $1,710,562 $1,195,203
2019 $32,877 $2,737,218 $1,659,827 $1,077,391
2018 $32,760 $2,683,548 $1,627,282 $1,056,266
2016 $31,349 $2,579,344 $1,564,094 $1,015,250
2015 $27,659 $2,269,454 $1,702,346 $567,108
2014 -- $2,225,000 $1,669,000 $556,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-650737

The MLS

APN: 5433-009-035