NOT LISTED FOR SALE

435 N Martel Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,511,000 - $4,267,000

3 Beds
3.5 Baths
2,500 Sq Ft
$1,228/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $1,685,000 $674 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $18,759/month

45 Days on Market

Highlights

  • Home Theater
  • Living Room with Fireplace
  • Bonus Room
  • Cabana
  • Spanish Architecture
  • Home Office

About This Home

As of April 2013

This rebuilt, remodeled, redesigned 3BR/3.5BA 2,500 sq.ft. Spanish residence in the heart of The Grove/Melrose area sets a high standard for the neighborhood. Walk or ride to everything or stay home and enjoy a sequestered life behind gates, walls and mature ficus hedges. Amazing finishes, fixtures and top-of-the-line appliances provide today's most sought-after elements. Living room features over-sized picture windows, wood-burning fireplace and barrel ceiling. Integrated sound system with individual room speakers and volume controls throughout. Bonus media room with five-speaker home theater surround sound and blackout draperies. Top-of-the-line professional stainless steel kitchen appliances by Wolf, Miele, Sub-Zero. Guest suites with private bathrooms that feature Ann Sacks and Walker Zanger tiles, Kohler sinks/commodes and Hansgrohe/Axor fixtures. Amazing master bedroom with spa-like bath, double sinks and French doors that open to resort-like backyard with pool, spa and cabana.

Last Agent to Sell the Property

Jeff Yarbrough

Keller Williams Beverly Hills License #01341959 Listed on: 02/08/2013

Keller Williams Beverly Hills

Last Buyer's Agent

Jeff Yarbrough

Keller Williams Beverly Hills License #01341959 Listed on: 02/08/2013

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,775

Year Built

  • Built in 1927

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Bonus Room
  • Alarm System
  • Breakfast Area or Nook
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Parking

  • 3 Parking Spaces
  • Automatic Gate

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5526-033-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,775

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2500
  • Lot Dimensions: 50x140
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Gas Starter, Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 3.50
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 699.60

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Auto Driveway Gate
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5526-033-008
  • Geocode Override: No
  • Lot Size Area: 7000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2013
Closed on
Mar 24, 2013
Sold by
Huddleston Michael
Bought by
Lanyard Eric Michael and Ashburn Michael
Seller's Agent
Jeff Yarbrough
Keller Williams Beverly Hills
Buyer's Agent
Jeff Yarbrough
Keller Williams Beverly Hills
List Price
$1,749,000
Sold Price
$1,685,000
Premium/Discount to List
-$64,000
-3.66%
Current Estimated Value
$3,069,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,384,846
Avg. Annual Appreciation
4.97%
Original Mortgage
$1,348,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2007
Sold by
Levin Harvey
Bought by
Huddleston Michael and Gabbay Nathalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Wallack Melisa
Bought by
Levin Harvey and Maurer Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Strang Cameron
Bought by
Wallack Melisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.4%

Purchase Details

Closed on
Feb 1, 2000
Sold by
Bral Kamran
Bought by
Strang Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
9.75%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Alexander And Ella Sobel Trust and Valerie
Bought by
Bral Kamran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
7.12%
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
Lanyard Eric Michael $1,685,016 Fidelity Van Nuys
Huddleston Michael $1,850,000 Southland Title Corporation
Levin Harvey $1,032,000 Southland Title
Wallack Melisa $628,000 Fidelity
Strang Cameron $438,000 Provident Title
Bral Kamran $359,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanyard Eric Michael $1,355,000
Closed Lanyard Eric Michael $1,348,000
Previous Owner Huddleston Michael $2,000,000
Previous Owner Huddleston Michael $1,260,000
Previous Owner Huddleston Michael $1,480,000
Previous Owner Levin Harvey $825,600
Previous Owner Wallack Melisa $50,000
Previous Owner Wallack Melisa $502,000
Previous Owner Wallack Melisa $500,000
Previous Owner Strang Cameron $360,000
Previous Owner Strang Cameron $350,000
Previous Owner Bral Kamran $287,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $1,685,000 -3.7% $674 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $1,749,000 -- $700 / 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 $24,775 $2,074,944 $1,453,080 $621,864
2024 $24,775 $2,034,260 $1,424,589 $609,671
2023 $24,294 $1,994,373 $1,396,656 $597,717
2022 $23,161 $1,955,269 $1,369,271 $585,998
2021 $22,879 $1,916,931 $1,342,423 $574,508
2019 $22,191 $1,860,076 $1,302,607 $557,469
2018 $22,087 $1,823,605 $1,277,066 $546,539
2016 $21,132 $1,752,794 $1,227,477 $525,317
2015 $20,821 $1,726,467 $1,209,040 $517,427
2014 $20,883 $1,692,649 $1,185,357 $507,292
Source: Public Records

Agents Affiliated with this Home

  • Jeff Yarbrough

    Seller's Agent in 2013

    Jeff Yarbrough

    Keller Williams Beverly Hills

    (323) 854-4300

    4 in this area

    149 Total Sales

    Jeff Yarbrough
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Map

Source: The MLS

MLS Number: 13-650429

The MLS

APN: 5526-033-008

California Los Angeles County Los Angeles 90036 Melrose

435 N Martel Ave, Los Angeles, CA

This home is located at 435 N Martel Ave, Los Angeles, CA 90036 since 08 February 2013 and is currently estimated at $3,069,846, approximately $1,227 per square foot. This property was built in 1927. 435 N Martel Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Yeshiva Rav Isacsohn / Torath Em.

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