NOT LISTED FOR SALE

Estimated Value: $5,514,621 - $6,946,000

5 Beds
6 Baths
4,838 Sq Ft
$1,227/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $4,622,000 $955 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $36,762/month

36 Days on Market

Highlights

  • Heated In Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • John Marshall Senior High Rated A
  • Dining Room with Fireplace
  • No HOA

About This Home

As of June 2020

Superb Spanish colonial estate c1929 North of Los Feliz Blvd by architects Witmer and Watson sited on secluded walled & gated grounds offering rare & authentic details seamlessly restored and updated with modern luxury and abundant sunlight. Soaring 2 story entry leads to a consular sized living room with fireplace and soaring wood beamed ceiling opening w/French doors to stunning original colonnade surrounded by flat grassy grounds and large swimmer's pool. Custom new artisan kitchen w/La Cornue range & center island opens to formal dining w/fireplace. Private sanctuary Library & Maids quarters open to outdoor areas. Upper floors offer 3 en-suite guest rooms including master w/hotel sized marble bathroom & 2 view terraces. Two room guest suite w/separate entrance also featured. Refined & rare original features include: hand crafted original iron windows and doors, 4 fireplaces, hand forged hardware, plaster walls, antique hand made tiles and generous patios and fountains. Magnificent.

Last Agent to Sell the Property

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114 Listed on: 05/06/2020

Co-Listed By

Richard Yohon

Sotheby's International Realty License #01276405

Last Buyer's Agent

Heather T. Roy

Douglas Elliman License #01398002

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,101

Year Built

  • Built in 1929

Lot Details

  • 0.26 Acre Lot
  • Property is zoned LARE11

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,838 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Library with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer

Parking

  • 3 Car Garage
  • Driveway

Pool

  • Heated In Ground Pool

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5588-007-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,101

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 4838
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Family Room, Library, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: On Upper Level, Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 987.39

Exterior Features

  • Other Structures: None
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Central, Dual
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5588-007-022
  • Geocode Override: No
  • Lot Size Area: 11139

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 9, 2020
Sold by
Nela Development 1 Llc
Bought by
Silberman J Christina and The Cromwell Ave Realty Trust
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Heather T. Roy
Douglas Elliman
List Price
$4,777,000
Sold Price
$4,622,000
Premium/Discount to List
-$155,000
-3.24%
Current Estimated Value
$5,799,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,177,570
Avg. Annual Appreciation
4.99%

Purchase Details

Listed on
Jan 12, 2019
Closed on
Jan 30, 2019
Sold by
Baron Gustavo Ricardo and The Gustavo Baron And Bettie R
Bought by
Nela Development 1 Llc
Seller's Agent
Kirk Hawkins
First Team Real Estate
Buyer's Agent
Derek Johnson
First Team Real Estate
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.48%
Original Mortgage
$2,805,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2002
Sold by
Baron Gustavo and Baron Bettie R
Bought by
Baron Gustavo and Baron Bettie R

Purchase Details

Closed on
Mar 8, 2001
Sold by
Baron Gustavo and Baron Bettie
Bought by
Baron Gustavo and Baron Bettie R
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
Silberman J Christina $4,622,000 Provident Title Company
Nela Development 1 Llc $2,700,000 Westcor Land Title Insu Co
Baron Gustavo -- --
Baron Gustavo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nela Development 1 Llc $2,805,000
Previous Owner Baron Gustavo $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $4,622,000 -3.2% $955 / Sq Ft
06/17/2020 06/17/20 For Sale $4,777,000 0.0% $987 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/10/2020 06/10/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $4,777,000 +76.9% $987 / Sq Ft
02/15/2019 02/15/19 Sold $2,700,000 0.0% $619 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $2,700,000 -- $619 / 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 $60,101 $5,054,826 $2,406,018 $2,648,808
2024 $60,101 $4,955,713 $2,358,842 $2,596,871
2023 $58,921 $4,858,543 $2,312,591 $2,545,952
2022 $56,156 $4,763,279 $2,267,247 $2,496,032
2021 $55,487 $4,669,883 $2,222,792 $2,447,091
2020 $33,651 $2,754,000 $2,180,658 $573,342
2019 $3,689 $263,034 $96,898 $166,136
2018 $3,588 $257,878 $94,999 $162,879
2016 $3,388 $247,866 $91,311 $156,555
2015 $3,344 $244,144 $89,940 $154,204
2014 $3,365 $239,363 $88,179 $151,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-576698

The MLS

APN: 5588-007-022