$1,705,000
SOLD OCT 5, 2015
3 Beds
3 Baths
1,437 Sq Ft
6,541 Sq Ft Lot

Recently Sold

$1,186 Per Sq Ft

1% Below List Price

10 Days on Market

Highlights

  • Solar Power System
  • Wood Flooring
  • Breakfast Area or Nook
  • Family Room with Fireplace
  • Spanish Architecture
  • Converted Garage

About This Home

As of October 2015

This quintessential Spanish perfectly embodies the classic charm that remains timeless. It features 3 bedrooms, 3 baths, with solar panels, and has plenty of outdoor space to entertain. Gourmet galley kitchen, stainless steel appliances, breakfast nook, Flex space, and a converted garage studio with its own bathroom. The beautifully landscaped private backyard has room for a pool and a veranda for al fresco dining. Centrally located in the hottest area of LA and a short distance away from restaurants, high-end boutiques on Melrose and Beverly Blvd, The Grove and Farmers Market.

Last Agent to Sell the Property

Alejandro Lombardo

Compass License #01234576 Listed on: 09/10/2015

Compass

Last Buyer's Agent

Andrew Grad

Resident Group License #01929841

Resident Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,000

Year Built

  • Built in 1925

Lot Details

  • 6,541 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Converted Garage
  • Driveway

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5527-033-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,000

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Solar Panels

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5527-033-007
  • Geocode Override: No
  • Lot Size Area: 6541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Sep 28, 2015
Sold by
Brown Mitchell J
Bought by
Mandel Robert A and Laurel Avenue Trust
Seller's Agent
Alejandro Lombardo
Compass
Buyer's Agent
Andrew Grad
Resident Group
List Price
$1,725,000
Sold Price
$1,705,000
Premium/Discount to List
-$20,000
-1.16%
Current Estimated Value
$2,370,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,666
Avg. Annual Appreciation
2.71%
Original Mortgage
$525,000
Outstanding Balance
$418,715
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,796,780

Purchase Details

Closed on
May 21, 1998
Sold by
Welch Larry J
Bought by
Brown Mitchell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 7, 1997
Sold by
Brown Mitchell
Bought by
Brown Mitchell and Welch Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.96%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 20, 1997
Sold by
Reani Yigal and Tal Asher
Bought by
Brown Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.96%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 1, 1996
Sold by
Stilwell Gary A
Bought by
Reani Yigal and Tal Aster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.25%
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 $1,705,000 Title 365
Gift Deed -- Equity Title Company
Gift Deed -- Equity Title Company
Grant Deed $375,000 Equity Title Company
Grant Deed $230,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $609,000 New Conventional
Previous Owner $625,500 New Conventional
Previous Owner $709,000 New Conventional
Previous Owner $729,750 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $810,000 Unknown
Previous Owner $525,000 Unknown
Previous Owner $70,000 Credit Line Revolving
Previous Owner $528,000 Unknown
Previous Owner $528,000 Unknown
Previous Owner $100,000 Stand Alone Second
Previous Owner $440,000 Stand Alone First
Previous Owner $56,250 Stand Alone Second
Previous Owner $300,000 Stand Alone Second
Previous Owner $161,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Rented $8,750 -7.9% --
01/10/2023 01/10/23 Price Changed $9,500 -9.5% $7 / Sq Ft
11/30/2022 11/30/22 For Rent $10,500 0.0% --
10/05/2015 10/05/15 Sold $1,705,000 -1.2% $1,186 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $1,725,000 -- $1,200 / 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 $24,000 $1,978,790 $1,583,035 $395,755
2023 $23,533 $1,939,992 $1,551,996 $387,996
2022 $22,434 $1,901,954 $1,521,565 $380,389
2021 $22,165 $1,864,662 $1,491,731 $372,931
2019 $21,497 $1,809,358 $1,447,487 $361,871
2018 $21,355 $1,773,881 $1,419,105 $354,776
2016 $20,438 $1,705,000 $1,364,000 $341,000
2015 $6,175 $508,170 $352,741 $155,429
2014 $6,201 $498,217 $345,832 $152,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-938819

The MLS

APN: 5527-033-007