NOT LISTED FOR SALE

Estimated Value: $3,458,000 - $4,427,000

3 Beds
3.5 Baths
2,479 Sq Ft
$1,541/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $3,205,000 $1,293 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $23,703/month

99 Days on Market

Highlights

  • Cabana
  • City Lights View
  • Living Room with Fireplace
  • Franklin Avenue Elementary Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of March 2021

Located in prime Los Feliz, this gorgeous circa 1929 Spanish Colonial home features vintage original character accented with custom designer finishes and fixtures and a stunning resort-like private back yard with patios, pool, spa and cabana. Exquisite courtyard with colonnade and fountain leads to formal entry and spectacular step-down living room with hard carved wooden ceiling, fire place and tall arched French doors opening to the courtyard. Formal dining room opens to the outside and leads to stunning lavish kitchen with floor-to-ceiling tiles, chef's stainless appliances and views out to the yard and pool. Main floor bedroom suite has its own exterior entrance. Two full suites upstairs including master with beautiful chic bath and balcony with city lights view plus separate junior master with remodeled tiled bath. Full privacy in back with cabana overlooking flat grounds and pool. Two car direct access garage, powder room, laundry and storage. Bellissimo!

Last Agent to Sell the Property

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114 Listed on: 11/11/2020

Co-Listed By

Richard Yohon

Sotheby's International Realty License #01276405

Last Buyer's Agent

Scott Moore

Christie's International Real Estate SoCal License #01347535

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,174

Year Built

  • Built in 1929

Lot Details

  • 10,336 Sq Ft Lot
  • Property is zoned LARS

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,479 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5592-014-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,174

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 2479
  • Lot Acreage: 0.2370
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1329.16

Exterior Features

  • Other Structures: Cabana
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central, Dual
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5592-014-026
  • Geocode Override: No
  • Lot Size Area: 10336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 17, 2021
Sold by
Wandell Michael
Bought by
Saalisi David and Saalisi Dina
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Scott Moore
Christie's International Real Estate SoCal
List Price
$3,295,000
Sold Price
$3,205,000
Premium/Discount to List
-$90,000
-2.73%
Total Days on Market
99
Current Estimated Value
$3,819,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,803
Avg. Annual Appreciation
3.69%
Original Mortgage
$2,225,000
Outstanding Balance
$2,030,484
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,700,694

Purchase Details

Listed on
Oct 6, 2017
Closed on
Oct 23, 2017
Sold by
Spano Craig
Bought by
Wandell Michael
Seller's Agent
craig spano
Christie's International Real Estate SoCal
Buyer's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
List Price
$2,399,000
Sold Price
$2,500,000
Premium/Discount to List
$101,000
4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$1,750,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 7, 2014
Closed on
Mar 24, 2014
Sold by
Ob Capital Homes 1 Lp
Bought by
Spano Craig
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
David Lubell
Christie's International Real Estate SoCal
List Price
$1,760,000
Sold Price
$1,710,000
Premium/Discount to List
-$50,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$625,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 12, 2013
Sold by
Bell Thomas E
Bought by
Ob Capital Homes I Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
Balasanyan Lilit
Bought by
Bell Thomas E

Purchase Details

Closed on
Feb 22, 2002
Sold by
Chevalier Michael G and The Florence A Chevalier Livin
Bought by
Balasanyan Lilit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.99%

Purchase Details

Closed on
Feb 1, 2000
Sold by
Chevalier Florence A
Bought by
Chevalier Florence A and Florence A Chevalier Living Tr
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
Saalisi David $3,205,000 Equity Title Company
Wandell Michael $2,500,000 Equity Title Company
Spano Craig $1,710,000 First American Title Co
Ob Capital Homes I Lp $1,490,000 First American Title Company
Bell Thomas E -- Accommodation
Balasanyan Lilit $725,000 Commonwealth Land Title Co
Chevalier Florence A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saalisi David $2,225,000
Previous Owner Wandell Michael $1,750,000
Previous Owner Bell Diversified Development Inc $4,089,500
Previous Owner Spano Craig $625,500
Previous Owner Ob Capital Homes I Lp $1,192,000
Previous Owner Bell Diversified Development Inc $572,000
Previous Owner Bell Thomas E $946,000
Previous Owner Bell Thomas $572,000
Previous Owner Balasanyan Lilit $644,000
Previous Owner Balasanyan Lilit $43,000
Previous Owner Balasanyan Lilit $550,000
Closed Balasanyan Lilit $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $3,205,000 -2.7% $1,293 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $3,295,000 +31.8% $1,329 / Sq Ft
11/02/2017 11/02/17 Sold $2,500,000 +4.2% $1,008 / Sq Ft
10/06/2017 10/06/17 For Sale $2,399,000 +40.3% $968 / Sq Ft
04/04/2014 04/04/14 Sold $1,710,000 -2.8% $690 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $1,760,000 -- $710 / 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 $41,174 $3,401,169 $2,245,409 $1,155,760
2023 $40,364 $3,334,481 $2,201,382 $1,133,099
2022 $38,466 $3,269,100 $2,158,218 $1,110,882
2021 $31,229 $2,627,945 $1,666,538 $961,407
2020 $31,556 $2,600,999 $1,649,450 $951,549
2019 $30,285 $2,550,000 $1,617,108 $932,892
2018 $30,166 $2,500,000 $1,585,400 $914,600
2016 $21,329 $1,770,763 $1,397,661 $373,102
2015 $21,014 $1,744,165 $1,376,667 $367,498
2014 $18,395 $1,490,000 $1,192,000 $298,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-658422

The MLS

APN: 5592-014-026