NOT LISTED FOR SALE

507 N Almont Dr West Hollywood, CA 90048

Estimated Value: $2,016,224 - $2,268,000

3 Beds
3 Baths
2,686 Sq Ft
$798/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $800,000 $298 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $12,779/month

191 Days on Market

About This Home

As of December 2012

West Hollywood Triplex. Located at the corner of Almont Dr. and Rangely Ave. Walking distance to Melrose Ave. and Robertson Blvd. shops, restaurants, and dining. Great for an investment or Owner User.

Last Agent to Sell the Property

Chris Spirito

Stafford Commercial Inc. License #01474435 Listed on: 11/28/2011

Last Buyer's Agent

Christopher Spirito

Stafford Commercial Inc. License #01474435

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,387

Year Built

  • Built in 1951

Lot Details

  • 4,748

Parking

  • 3 Car Garage

Home Design

  • 2,686 Sq Ft Home

Additional Features

  • 4,748 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4336-012-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,387

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2686
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 372.30

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Value: 249444
  • Assessed Land Value: 328218
  • Assessor Parcel Number: 4336-012-008
  • Lot Size Area: 4748

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 21.00
  • Number Of Units: 3
  • Total Annual Expense: 21291
  • Type Of Units: One Bedroom
  • Vacancy Rate: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2011
Closed on
Nov 29, 2012
Sold by
Weinstock Darren and Weinstock Elisabeth
Bought by
Rangely Almont Llc
Seller's Agent
Chris Spirito
Stafford Commercial Inc.
Buyer's Agent
Chris Spirito
Stafford Commercial Inc.
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%
Current Estimated Value
$2,144,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,344,556
Avg. Annual Appreciation
7.69%
Original Mortgage
$600,000
Outstanding Balance
$416,400
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$1,642,405

Purchase Details

Listed on
Nov 28, 2011
Closed on
Nov 28, 2012
Sold by
Weinstock Benton
Bought by
Weinstock Darren
Seller's Agent
Chris Spirito
Stafford Commercial Inc.
Buyer's Agent
Chris Spirito
Stafford Commercial Inc.
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$416,400
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$1,642,405

Purchase Details

Listed on
Nov 28, 2011
Closed on
Oct 8, 2012
Sold by
Wall Angus Alexander and Wall Linda Anne Carlson
Bought by
Weinstock Darren and Weinstock Elisabeth
Seller's Agent
Chris Spirito
Stafford Commercial Inc.
Buyer's Agent
Chris Spirito
Stafford Commercial Inc.
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$416,400
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$1,642,405

Purchase Details

Closed on
Jul 28, 1999
Sold by
Lampe Stephen and Schmidt Ann M
Bought by
Wall Angus Alexander and Wall Linda Anne Carlson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 1997
Sold by
Lampe Stephen and Schmidt Ann M
Bought by
Lampe Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.74%

Purchase Details

Closed on
Dec 21, 1994
Sold by
Barton Deloris and Chambers Doris E
Bought by
Lampe Stephen and Schmidt Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.12%

Purchase Details

Closed on
Jan 30, 1994
Sold by
Lampe Stephen
Bought by
Lampe Stephen and Schmidt Ann M
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
Rangely Almont Llc -- None Available
Weinstock Darren -- None Available
Weinstock Darren $800,008 None Available
Wall Angus Alexander $483,909 Equity Title
Lampe Stephen -- Gateway Title Company
Lampe Stephen $180,000 --
Lampe Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinstock Darren $600,000
Previous Owner Wall Angus Alexander $290,000
Previous Owner Wall Angus Alexander $348,500
Previous Owner Lampe Stephen $80,000
Previous Owner Wall Angus Alexander $345,100
Previous Owner Lampe Stephen $250,000
Previous Owner Lampe Stephen $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2012 12/03/12 Sold $800,000 -20.0% $298 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $1,000,000 -- $372 / 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 $13,387 $985,132 $615,709 $369,423
2024 $13,387 $965,817 $603,637 $362,180
2023 $13,065 $946,880 $591,801 $355,079
2022 $12,323 $928,315 $580,198 $348,117
2021 $12,173 $910,114 $568,822 $341,292
2020 $12,258 $900,783 $562,990 $337,793
2019 $11,751 $883,121 $551,951 $331,170
2018 $11,592 $865,806 $541,129 $324,677
2016 $11,072 $832,187 $520,117 $312,070
2015 $10,909 $819,688 $512,305 $307,383
2014 $10,908 $803,632 $502,270 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-568197

The MLS

APN: 4336-012-008