NOT LISTED FOR SALE

4501 W 16th Place Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,578,351 - $2,335,000

5 Beds
3 Baths
3,438 Sq Ft
$568/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $1,008,000 $293 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $11,510/month

21 Days on Market

Highlights

  • City View
  • Living Room with Fireplace
  • Wood Flooring
  • Dual Staircase
  • Arts and Crafts Architecture
  • Attic

About This Home

As of July 2015

Built in 1913 on a prominent corner adjacent to Lafayette Square, this arts and crafts home is a sight to behold. Period details throughout the home blend seamlessly with many updates to create a blend of charm and modern comfort. A large porch covered in Mahogany hardwood welcomes you into this majestic home. Inside, the foyer leads into a parlor and living room with fireplace, as well as a formal dining room. Modern eat in kitchen with granite island opens onto the adjacent family room. An office and 3/4 bath round out the first floor of the home. Upstairs includes a master suite with views to the Hollywood sign, full bath, walk-in closet and sitting area. There are 3 more bedrooms, a full bath bath,laundry room and library/5th bedroom. Third floor is a finished space offering an additional 700 sq ft. Out back is a 3 car finished garage and room for pool. Home has many updates including many windows, central air, plumbing and electrical. Come take a look, you will fall in love.

Last Agent to Sell the Property

Jason Anderson

eXp Realty of California Inc License #01762393 Listed on: 05/26/2015

eXp Realty of California Inc

Last Buyer's Agent

Carolyn Wilson

BMR Enterprises License #01808166

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,324

Year Built

  • Built in 1913

Lot Details

  • 8,839 Sq Ft Lot
  • South Facing Home
  • Property is zoned LARD1.5

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 3,438 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library with Fireplace
  • Wood Flooring
  • City Views
  • Laundry Room
  • Attic

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 6 Parking Spaces
  • Covered Parking

Outdoor Features

  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5071-016-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,324

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Arts and Crafts
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 3438
  • Year Built: 1913
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: 2 Staircases
  • Fireplace Rooms: Library, Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Granite Counters
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal
  • Price Per S Q F T: 305.12

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5071-016-053
  • Geocode Override: No
  • Lot Size Area: 8839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 24, 2015
Sold by
Stirling Douglas
Bought by
Suazo Arthur X
Seller's Agent
Jason Anderson
eXp Realty of California Inc
Buyer's Agent
Carolyn Wilson
BMR Enterprises
List Price
$1,049,000
Sold Price
$1,008,000
Premium/Discount to List
-$41,000
-3.91%
Current Estimated Value
$1,951,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,588
Avg. Annual Appreciation
6.67%
Original Mortgage
$806,400
Outstanding Balance
$631,408
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$1,320,180

Purchase Details

Closed on
Mar 3, 2011
Sold by
Mcilhargey Navid and Mcilhargey November
Bought by
Stirling Douglas

Purchase Details

Closed on
May 20, 2005
Sold by
Bradley Washington Margaret J
Bought by
Mcilhargey Navid and Mcilhargey November

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Bradley Washington Margaret Jean and The J Bradley Washington Livin
Bought by
Washington Margaret J Bradley

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
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2001
Sold by
Washington Millard Nathaniel and Bradley Washington Margaret J
Bought by
Washington Millard Nathaniel and Bradley Washington Margaret J

Purchase Details

Closed on
Dec 27, 1994
Sold by
Bradley Washington Margaret Jean and Bradley Margaret J
Bought by
Bradley Washington Margaret Jean and The Margaret J Bradley Washing
Source: Public Records

Range of Values:

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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
Suazo Arthur X $1,008,000 Fidelity National Title Co
Stirling Douglas $540,000 Equity Title Co
Mcilhargey Navid $850,000 Chicago Title Co
Washington Margaret J Bradley -- United Title Company
Washington Millard Nathaniel -- --
Bradley Washington Margaret Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suazo Arthur X $806,400
Previous Owner Mcilhargey Navid $637,500
Previous Owner Washington Margaret J Bradley $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2015 07/30/15 Sold $1,008,000 -3.9% $293 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $1,049,000 -- $305 / 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 $14,324 $1,193,260 $710,274 $482,986
2024 $14,324 $1,169,864 $696,348 $473,516
2023 $14,049 $1,146,927 $682,695 $464,232
2022 $13,398 $1,124,439 $669,309 $455,130
2021 $13,242 $1,102,392 $656,186 $446,206
2019 $12,847 $1,069,696 $636,724 $432,972
2018 $12,734 $1,048,723 $624,240 $424,483
2016 $12,198 $1,008,000 $600,000 $408,000
2015 $6,969 $576,173 $255,840 $320,333
2014 $6,998 $564,888 $250,829 $314,059
Source: Public Records

Agents Affiliated with this Home

  • Jason Anderson

    Seller's Agent in 2015

    Jason Anderson

    eXp Realty of California Inc

    (301) 770-5387

    4 in this area

    75 Total Sales

    Jason Anderson
    Section Image
  • Carolyn Wilson

    Buyer's Agent in 2015

    Carolyn Wilson

    BMR Enterprises

    (818) 486-0981

    2 Total Sales

    Carolyn Wilson
    Section Image
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Map

Source: The MLS

MLS Number: 15-908437

The MLS

APN: 5071-016-053

California Los Angeles County Los Angeles 90019 Mid-City

4501 W 16th Place, Los Angeles, CA

This home is located at 4501 W 16th Place, Los Angeles, CA 90019 since 26 May 2015 and is currently estimated at $1,951,588, approximately $567 per square foot. This property was built in 1913. 4501 W 16th Place is a home located in Los Angeles County with nearby schools including Alta Loma Elementary, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

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