NOT LISTED FOR SALE

500 N Cherokee Ave Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $2,587,000 - $3,149,000

2 Beds
2.5 Baths
2,530 Sq Ft
$1,142/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $1,650,000 $652 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $17,110/month

14 Days on Market

Highlights

  • English Architecture
  • Wood Flooring
  • Den
  • Third Street Elementary School Rated A
  • No HOA
  • Breakfast Area or Nook

About This Home

As of March 2017

Great location in Hancock Park Proper. Country English on prime corner location (surrounded by mostly 2 story estates). Currently 2 bedrooms, (one was opened up to hallway to make a dining room, could be put back to 3rd bedroom). Bathroom configurations are 2 full main baths plus bathroom with shower and toilet only (no sink) next to maid's room. Vaulted ceiling in LR plus large family room and step down den. Large open kitchen with breakfast area. Patios and koi pond and south facing garden. Garage has attached room and antique bath. Property sold as is by family members of long time owner who passed away (not in house). Wonderful opportunity in Hancock Park HPOZ. Bring your contractor! A developer's dream! No offers until Wednesday, Feb 1st. Call office, leave message for showings. See private remarks.

Last Agent to Sell the Property

Lisa Hutchins

Coldwell Banker Realty License #01018644 Listed on: 01/23/2017

Coldwell Banker Realty

Last Buyer's Agent

June Ahn

Coldwell Banker Realty License #01188513

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,987

Year Built

  • Built in 1924

Lot Details

  • 7,620 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • English Architecture

Interior Spaces

  • 2,530 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5524-022-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,987

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country English
  • Street Number Display: Yes
  • Living Area: 2530
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 592.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5524-022-009
  • Geocode Override: No
  • Lot Size Area: 7620

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 20, 2017
Sold by
Vanallen Miriam V
Bought by
Lee Ho Kyung and Lee Hae Kyung
Seller's Agent
Lisa Hutchins
Coldwell Banker Realty
Buyer's Agent
June Ahn
Coldwell Banker Realty
List Price
$1,499,000
Sold Price
$1,650,000
Premium/Discount to List
$151,000
10.07%
Current Estimated Value
$2,888,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,238,520
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Dec 8, 2012
Sold by
Vanallen Richard E and Vanallen Van Allen
Bought by
Vanallen Miriam and Van Allen Eliezer M

Purchase Details

Closed on
Jan 16, 2011
Sold by
Vanallen Ruchama
Bought by
Vanallen Richard E and Van Allen Ruchama B
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
Lee Ho Kyung $1,650,000 Equity Title Los Angeles
Vanallen Miriam -- None Available
Vanallen Richard E -- None Available
Vanallen Richard E -- None Available
Baum Jack -- None Available
Baum Jack -- None Available
Baum Rafael -- None Available
Baum Rafael -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2017 03/06/17 Sold $1,650,000 +10.1% $652 / Sq Ft
01/23/2017 01/23/17 For Sale $1,499,000 -- $592 / 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 $22,987 $1,914,962 $1,531,971 $382,991
2024 $22,987 $1,877,415 $1,501,933 $375,482
2023 $22,543 $1,840,604 $1,472,484 $368,120
2022 $21,499 $1,804,514 $1,443,612 $360,902
2021 $21,236 $1,769,132 $1,415,306 $353,826
2019 $20,600 $1,716,660 $1,373,328 $343,332
2018 $20,475 $1,683,000 $1,346,400 $336,600
2016 $5,937 $465,272 $257,466 $207,806
2015 $5,854 $458,284 $253,599 $204,685
2014 $5,881 $449,308 $248,632 $200,676
Source: Public Records

Agents Affiliated with this Home

  • Lisa Hutchins

    Seller's Agent in 2017

    Lisa Hutchins

    Coldwell Banker Realty

    (323) 216-6938

    15 in this area

    27 Total Sales

    Lisa Hutchins
    Section Image
  • June Ahn

    Buyer's Agent in 2017

    June Ahn

    Coldwell Banker Realty

    (323) 855-5558

    1 in this area

    20 Total Sales

    June Ahn
    Section Image
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Map

Source: The MLS

MLS Number: 17-195824

The MLS

APN: 5524-022-009

California Los Angeles County Los Angeles 90004 Hancock Park

500 N Cherokee Ave, Los Angeles, CA

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