NOT LISTED FOR SALE

Estimated Value: $2,593,000 - $3,450,000

4 Beds
3.5 Baths
3,396 Sq Ft
$873/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $1,650,000 $486 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $17,629/month

38 Days on Market

Highlights

  • Detached Guest House
  • Views of Trees
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Family Room with Fireplace
  • Spanish Architecture

About This Home

As of June 2012

Hancock Park Tastefully Remodeled Spanish Home w/ authentic character & open floor plan great for entertaining. Dramatic double height entry w/ high vaulted distressed beamed ceiling. Oversized formal living room w/ fireplace, formal dining room, & gourmet designer eat-in kitchen w/ Viking appliances, double sinks & dishwasher ALL open to hub of the house massive family room w/ fireplace & double French doors to sprawling park-like yard w/ room for pool. Built-in shaded loggia off family rm perfect for entertaining. 1 bed + 1 full bath + charming powder down. 3 beds + 2 updated baths up. Master suite w/ marble bath & walk-in closet. Garage converted to spacious new guesthouse w/ full granite kitchen, living rm, bedrm & marble bathrm w/ double vanity & large walk-in shower. Beautiful hrdwood floors, multizone central AC, security, gates for privacy & security, hwood floors, solid wood windows & doors. Old world charm w/ high quality materials & a great floor plan in prime HP location.

Last Agent to Sell the Property

Sheri Bienstock

The Bienstock Group License #01746994 Listed on: 04/09/2012

Last Buyer's Agent

Raziye Osman

License #01274989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,359

Year Built

  • Built in 1927

Lot Details

  • 8,969 Sq Ft Lot
  • Lot Dimensions are 60x149
  • Property is zoned LARE9

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,396 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Trees
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Additional Features

  • Covered Patio or Porch
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5524-032-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,359

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
  • Living Area: 3396
  • Lot Dimensions: 60x149
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 3.50
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 500.29

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5524-032-005
  • Lot Size Area: 8969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jun 14, 2012
Sold by
Lowenstein Evan and Lowenstein Kassini
Bought by
Greenfield Akiva and Einhorn Rachel
Seller's Agent
Sheri Bienstock
The Bienstock Group
Buyer's Agent
Raziye Osman
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Current Estimated Value
$2,965,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,315,432
Avg. Annual Appreciation
4.49%
Original Mortgage
$1,200,000
Outstanding Balance
$798,560
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,166,872

Purchase Details

Closed on
Oct 11, 2007
Sold by
Shalom Asher and Shalom Janet
Bought by
Lowenstein Evan

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
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Usoc Corp
Bought by
Shalom Asher

Purchase Details

Closed on
Jan 26, 2007
Sold by
Usoc Corp
Bought by
Shalom Asher

Purchase Details

Closed on
Mar 20, 2006
Sold by
Shalom Janet and Shalom Asher
Bought by
Usoc Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,134
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2005
Sold by
Shalom Asher and Shalom Janet
Bought by
Usoc Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2005
Sold by
Einstein Karen Sarah and The Blanche M Ashe Trust
Bought by
Shalom Asher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,000
Interest Rate
1.37%
Mortgage Type
New Conventional
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
Greenfield Akiva $1,618,516 Lawyers Title
Lowenstein Evan -- Chicago Title Subdivision
Shalom Asher -- None Available
Shalom Asher -- None Available
Usoc Corp -- None Available
Shalom Asher -- None Available
Usoc Corp -- California Title Company
Shalom Asher $1,405,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenfield Akiva $1,200,000
Previous Owner Lowenstein Evan $1,000,000
Previous Owner Shalom Asher $619,134
Previous Owner Shalom Asher $1,124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $1,650,000 -2.9% $486 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $1,699,000 -- $500 / 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 $24,359 $2,032,666 $1,242,109 $790,557
2024 $24,359 $1,992,810 $1,217,754 $775,056
2023 $23,889 $1,953,736 $1,193,877 $759,859
2022 $22,778 $1,915,428 $1,170,468 $744,960
2021 $22,498 $1,877,871 $1,147,518 $730,353
2019 $21,824 $1,822,175 $1,113,483 $708,692
2018 $21,695 $1,786,447 $1,091,650 $694,797
2016 $20,752 $1,717,079 $1,049,261 $667,818
2015 $20,447 $1,691,288 $1,033,501 $657,787
2014 $20,509 $1,658,159 $1,013,257 $644,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-592749

The MLS

APN: 5524-032-005