NOT LISTED FOR SALE

Estimated Value: $1,369,000 - $2,149,000

3 Beds
2.5 Baths
1,495 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $1,389,000 $929 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,229/month

21 Days on Market

Highlights

  • New Construction
  • City Lights View
  • Modern Architecture
  • Gated Parking
  • Wood Flooring
  • No HOA

About This Home

As of November 2020

Your Hollywood hideaway awaits at The Urban Tree House! This pristine 3BD/2.5BA new construction home boasts over 1,000sf of outdoor living space, including a beautiful roof deck with city and tree top views! Gated and tucked away, you enter this enclave through a quaint courtyard with agave and olive plants. Walk through the oversized front door into your open concept living space, more than ideal for entertaining. The chefs kitchen boasts a luxe Bertazzoni range, wine fridge, and designer details. Up the sun drenched stairwell with architectural windows you'll find 2 guest beds, or the perfect work from home space, and guest bath with contrasting black finishes and leather pulls. The master boasts an en suite bathroom with walk in shower and floor to ceiling Carrara marble tiling. Up the spiral staircase you will find the enchanting roof top deck perfect for those socially distanced outdoor extravaganzas! Walk to restaurants on Melrose and hop skip and a jump to Larchmont Village!

Last Agent to Sell the Property

Julian Porcino

Radius Agent Realty License #02055605 Listed on: 09/11/2020

Radius Agent Realty

Last Buyer's Agent

Audrey Leoncio

The Agency License #02016024

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,814

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2,188 Sq Ft Lot
  • Lot Dimensions are 35x63
  • North Facing Home
  • Gated Home
  • Property is zoned LAR3

Property Views

  • City Lights
  • Trees

Home Design

  • Modern Architecture

Interior Spaces

  • 1,495 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • Gated Parking

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5522-004-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,814

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1495
  • Lot Acreage: 0.0502
  • Lot Dimensions: 35x63
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2020
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Garbage Disposal, Microwave, Water Line to Refrigerator, Stackable W/D Hookup, Refrigerator, Range/Oven
  • Price Per S Q F T: 935.79

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5522-004-002
  • Lot Size Area: 2188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 26, 2020
Sold by
Five Crown Homes Llc
Bought by
Kendall Omar and Latorre Nicole La
Seller's Agent
Julian Porcino
Radius Agent Realty
Buyer's Agent
Audrey Leoncio
The Agency
List Price
$1,399,000
Sold Price
$1,389,000
Premium/Discount to List
-$10,000
-0.71%
Current Estimated Value
$1,662,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,235
Avg. Annual Appreciation
3.66%
Original Mortgage
$1,111,200
Outstanding Balance
$988,810
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$673,425

Purchase Details

Closed on
Aug 8, 2019
Sold by
Pelayo Josephine and Josephine Pelayo Living Trust
Bought by
Five Crown Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,988
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 3, 2007
Sold by
Pelayo Josephine
Bought by
Pelayo Josephine and Josephine Pelayo Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 17, 2005
Sold by
Pelayo Josephine
Bought by
The Josephine Pelayo Living Trust

Purchase Details

Closed on
Oct 19, 2001
Sold by
Pelayo Josephine
Bought by
Pelayo Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 1, 1999
Sold by
Mra Funding Corp
Bought by
Pelayo Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,986
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1998
Sold by
Kgs Development Inc
Bought by
Mra Funding Corp

Purchase Details

Closed on
Jun 9, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kgs Development Inc

Purchase Details

Closed on
Oct 14, 1996
Sold by
Fleet Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 11, 1996
Sold by
Melgar Sonia
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp
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
Kendall Omar $1,389,000 Lawyers Title
Five Crown Homes Llc $610,000 Lawyers Title Company
Pelayo Josephine -- Accommodation
Pelayo Josephine -- United Title Company-La
The Josephine Pelayo Living Trust -- --
Pelayo Josephine -- United Title Company
Pelayo Josephine $124,000 United Title Company
Mra Funding Corp -- --
Kgs Development Inc $81,000 Chicago Title Co
Federal Home Loan Mortgage Corporation $153,680 Fidelity National Title Ins
Fleet Mtg Corp $90,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Omar $1,111,200
Previous Owner Five Crown Homes Llc $472,988
Previous Owner Pelayo Josephine $129,000
Previous Owner Pelayo Josephine $132,000
Previous Owner Pelayo Josephine $122,986
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $1,389,000 -0.7% $929 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $1,399,000 -- $936 / 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 $17,814 $1,503,496 $903,830 $599,666
2024 $17,814 $1,474,016 $886,108 $587,908
2023 $17,411 $1,445,115 $868,734 $576,381
2022 $16,594 $1,416,780 $851,700 $565,080
2021 $16,478 $1,389,000 $835,000 $554,000
2020 $7,474 $610,000 $488,000 $122,000
2019 $2,077 $170,831 $129,919 $40,912
2018 $2,034 $167,482 $127,372 $40,110
2016 $1,939 $160,980 $122,427 $38,553
2015 $1,911 $158,563 $120,589 $37,974
2014 $1,925 $155,458 $118,227 $37,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-631792

The MLS

APN: 5522-004-002