NOT LISTED FOR SALE

468 Loring Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $6,896,000 - $7,451,646

5 Beds
5 Baths
4,446 Sq Ft
$1,621/Sq Ft Est. Value

Last Sold January 13, 2015

Last sale price $5,125,000 $1,153 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $43,873/month

208 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Fireplace in Primary Bedroom
  • Warner Avenue Elementary Rated A
  • 18,656 Sq Ft lot
  • Contemporary Architecture

About This Home

As of January 2015

In Little Holmby, rests this private, gated & stylish, 4400sf Traditional home. This 5 bd/5 ba house sits atop an 18,600sf lot w/ lush gardens &stone pathways. Glossy white hardwood & stone floors mesh neatly w/ sheets of glass, perfect for showcasing art & sculptures. A swanky living room w/ FP opens to a sun drenched outdoor loggia while the formal dining spills out onto a covered sleek lounge that looks out onto the backyard & swimmer's pool. Vaulted ceilings soar above a chef's kitchen w/ top-of-the-line appliances which flows well into the family room & breakfast nook. The master suite, w/ front/backyard views, features a sumptuous bathroom w/ smooth stone counters, soaking tub, sitting area & large walk-in closet. 3 additional bedrooms complete the upstairs. Other rooms include a private 1 bed/bath guest house, den/office, 2 car garage & motor court. Centrally located this one-of-a-kind designers dream will surely satisfy even the most discerning tastes.

Last Agent to Sell the Property

Linda May

Carolwood Estates License #00475038 Listed on: 05/08/2014

Carolwood Estates

Last Buyer's Agent

Adam Asherson

Coldwell Banker Realty License #01928064

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,669

Year Built

  • Built in 1938

Lot Details

  • 0.43 Acre Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway
  • Gated Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,446 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 3 Fireplaces
  • Alarm System
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4359-006-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,669

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4446
  • Stories: 2
  • Year Built: 1938
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Nook, Kitchen Island
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1213.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car, Gated
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4359-006-009
  • Geocode Override: No
  • Lot Size Area: 18656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2017
Sold by
Rasouli Alexandre and Ghafouri Lily
Bought by
Rasouli Alexandre and Ghafouri Lily
Current Estimated Value
$7,209,162

Purchase Details

Listed on
May 8, 2014
Closed on
Dec 8, 2014
Sold by
Eloise Holding Inc
Bought by
Rasouli Alexandre and Ghafouri Lily
Seller's Agent
Linda May
Carolwood Estates
Buyer's Agent
Adam Asherson
Coldwell Banker Realty
List Price
$6,150,000
Sold Price
$5,125,000
Premium/Discount to List
-$1,025,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$3,331,250
Outstanding Balance
$2,449,216
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,759,946

Purchase Details

Closed on
May 16, 2006
Sold by
Chalmers Tracy John and Chalmers Patricia Grace
Bought by
Eloise Holding Inc

Purchase Details

Closed on
Oct 20, 2003
Sold by
Chalmers Tracy John and Chalmers Patricia Grace
Bought by
Chalmers Tracy John and Chalmers Patricia Grace

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
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2001
Sold by
Chalmers Tracy John and Chalmers Patricia Grace
Bought by
Chalmers Tracy John and Chalmers Patricia Grace

Purchase Details

Closed on
Jun 13, 1997
Sold by
Trust Dorfman Hannah Co Tr Dorfman Famil and Dorfman Gerald E
Bought by
Chalmers Tracy J and Chalmers Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.37%

Purchase Details

Closed on
May 4, 1994
Sold by
Dorfman Hannah
Bought by
Dorfman Hannah and Dorfman Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
6.25%

Purchase Details

Closed on
Apr 25, 1994
Sold by
Dorfman Hannah and Dorfman Gerald E
Bought by
Dorfman Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
6.25%
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
Rasouli Alexandre -- None Available
Rasouli Alexandre $5,125,000 Equity Title
Eloise Holding Inc -- First American Title Co
Chalmers Tracy John -- Fidelity National Title
Chalmers Tracy John -- --
Chalmers Tracy J $1,200,000 Stewart Title
Dorfman Hannah -- Fidelity National Title
Dorfman Hannah -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasouli Alexandre $3,331,250
Previous Owner Chalmers Tracy John $1,000,000
Previous Owner Chalmers Tracy J $900,000
Previous Owner Dorfman Hannah $716,000
Closed Chalmers Tracy John $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2015 01/13/15 Sold $5,125,000 -5.0% $1,153 / Sq Ft
11/11/2014 11/11/14 Price Changed $5,395,000 -3.6% $1,213 / Sq Ft
09/19/2014 09/19/14 Price Changed $5,595,000 -3.4% $1,258 / Sq Ft
07/17/2014 07/17/14 Price Changed $5,790,000 -5.9% $1,302 / Sq Ft
05/08/2014 05/08/14 For Sale $6,150,000 -- $1,383 / 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 $73,669 $6,203,460 $4,062,050 $2,141,410
2024 $73,669 $6,081,824 $3,982,402 $2,099,422
2023 $72,224 $5,962,573 $3,904,316 $2,058,257
2022 $66,990 $5,686,957 $3,827,761 $1,859,196
2021 $66,194 $5,575,449 $3,752,707 $1,822,742
2019 $64,199 $5,410,080 $3,641,400 $1,768,680
2018 $63,932 $5,304,000 $3,570,000 $1,734,000
2016 $62,442 $5,203,155 $2,618,126 $2,585,029
2015 $68,455 $5,700,000 $4,549,700 $1,150,300
2014 $69,994 $5,700,000 $4,549,700 $1,150,300
Source: Public Records

Agents Affiliated with this Home

  • Linda May

    Seller's Agent in 2015

    Linda May

    Carolwood Estates

    (310) 777-6247

    9 in this area

    49 Total Sales

    Linda May
    Section Image
  • Adam Asherson

    Buyer's Agent in 2015

    Adam Asherson

    Coldwell Banker Realty

    (310) 490-4334

    12 Total Sales

    Adam Asherson
    Section Image
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Map

Source: The MLS

MLS Number: 14-759247

The MLS

APN: 4359-006-009

California Los Angeles County Los Angeles 90024 Westwood

468 Loring Ave, Los Angeles, CA

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