NOT LISTED FOR SALE

448 N Martel Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,085,000 - $2,326,313

3 Beds
3 Baths
2,140 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $2,065,000 $965 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $14,202/month

About This Home

As of June 2021

Stunning character Spanish circa 1925 on an oversized lot in prime Melrose Village. Beautifully restored and filled with original details, this house feels like home. The gorgeous living room floods with natural light and is anchored by a wood burning fireplace. The dining room is filled with charm and is perfect for large gatherings or family dinners. Incredible chefs kitchen with custom cabinetry, Wedgewood CP Stove and bay window is the heart of the house. Three generous bedrooms each with their own bath. An expansive primary suite has a spa like bath with soaking tub and custom vanity. The extra-large lot with lush gardens is fabulous for entertaining. Areas include an outdoor dining room w built-in buffet and bbq, an outdoor living room and a vegetable garden. Detached garage currently used as an office has built-in cabinetry, sink and fridge. Single story living. Gated. Private. Blocks to restaurants and shops on both Melrose and Beverly, as well as close to places of worship, this home has it all.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 28, 2021
Sold by
Kopic Jan Rae and Jan Kopic Trust
Bought by
Halsted Taylor V and Siegel Emily M
Seller's Agent
Michael Maguire
Compass
Buyer's Agent
Chris Ryder
Compass
List Price
$2,025,000
Sold Price
$2,065,000
Premium/Discount to List
$40,000
1.98%
Current Estimated Value
$2,200,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,078
Avg. Annual Appreciation
1.53%
Original Mortgage
$822,000
Outstanding Balance
$747,453
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,452,625

Purchase Details

Closed on
Jul 24, 2012
Sold by
Kopic Jan Rae
Bought by
Kopic Jan Rae and Jan Kopic Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Halsted Taylor V $2,065,000 First American Title Co
Kopic Jan Rae -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halsted Taylor V $500,000
Open Halsted Taylor V $822,000
Previous Owner Kopic Jan Rea $30,000
Previous Owner Kopic Jan Rae $367,000
Previous Owner Kopic Jan Rae $72,264
Previous Owner Kopic Jan Rae $50,000
Previous Owner Kopic Jan Rae $413,500
Previous Owner Kopic Jan Rae $410,000
Previous Owner Kopic Jan Rae $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $2,065,000 +2.0% $965 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $2,025,000 -- $946 / Sq Ft

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 $26,562 $2,235,219 $1,788,176 $447,043
2024 $26,562 $2,191,392 $1,753,114 $438,278
2023 $26,044 $2,148,425 $1,718,740 $429,685
2022 $24,826 $2,106,300 $1,685,040 $421,260
2021 $4,926 $396,783 $335,477 $61,306
2020 $4,972 $392,716 $332,038 $60,678
2019 $4,782 $385,017 $325,528 $59,489
2018 $4,665 $377,469 $319,146 $58,323
2016 $4,454 $362,813 $306,754 $56,059
2015 $4,390 $357,364 $302,147 $55,217
2014 $4,413 $350,365 $296,229 $54,136
Source: Public Records

Agents Affiliated with this Home

  • Michael Maguire

    Seller's Agent in 2021

    Michael Maguire

    Compass

    (310) 770-2823

    2 in this area

    52 Total Sales

    Michael Maguire
    Section Image
  • Victoria Massengale

    Seller Co-Listing Agent in 2021

    Victoria Massengale

    Compass

    (323) 640-2924

    2 in this area

    48 Total Sales

    Victoria Massengale
    Section Image
  • Chris Ryder

    Buyer's Agent in 2021

    Chris Ryder

    Compass

    (626) 354-0443

    1 in this area

    52 Total Sales

    Chris Ryder
    Section Image

  • C

    Buyer's Agent in 2021

    Christopher Ryder

    Compass

See All Agents

Map

California Los Angeles County Los Angeles 90036 Melrose

448 N Martel Ave, Los Angeles, CA

This home is located at 448 N Martel Ave, Los Angeles, CA 90036 and is currently estimated at $2,200,078, approximately $1,028 per square foot. 448 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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