NOT LISTED FOR SALE

Estimated Value: $9,778,000 - $11,322,148

6 Beds
10 Baths
9,145 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $9,285,000 $1,015 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $65,158/month

86 Days on Market

Highlights

  • Guest House
  • Wine Room
  • Heated In Ground Pool
  • Third Street Elementary School Rated A
  • Home Theater
  • View of Trees or Woods

About This Home

As of August 2021

Hancock Park's most coveted street presents a modernized Tudor that has superbly entered the Hi-Tech age. A thoroughly private domain offering gated Driveway w/Porte Cochere and rear Motorcourt, Guest House, mosaic tiled Pool, fenced lawns & gardens, Canopy Refuge & expansive entertaining Terraces -the residence offers ultimate living in discreet secured surroundings. Double height Owners Suite offers sitting Lounge and perhaps the City's most beautiful double bath suites w/separate wardrobe rooms. Public spaces include the handsome Library/Office, Bar Lounge, Game Room, Wine Cellar clubroom & huge projection Cinema that matches the best commercial theatre experience. The drama of the upper hall suspended chandelier from the sky proves unforgettable and must be seen. From Paris, 2 Imported self contained Steel & Glass shower rooms offer visual delight and inspire longer times spent in the two special bath suites where they reside. Smart House technology runs the scene and can create any atmosphere wanted, controlling lighting, temp, security and music entertainment. 6 bedrooms suites, 2 Laundry/ service rms and an outdoor Kitchen w/ wood-fired Pizza Oven complete a perfect scene for enviable comfort and outdoor entertaining.

Last Agent to Sell the Property

Ernie Carswell

Sotheby's International Realty License #01111566 Listed on: 05/01/2021

Sotheby's International Realty

Co-Listed By

Elena Jovis

Nourmand & Associates-BH License #01853376

Last Buyer's Agent

Alexander Masket

Compass License #02004958

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,181

Year Built

  • Built in 1925

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 95x215
  • Property is zoned LARE15

Parking

  • 6 Car Attached Garage

Property Views

  • Woods
  • Pool

Home Design

  • Tudor Architecture

Interior Spaces

  • 9,145 Sq Ft Home
  • 2-Story Property
  • Bar
  • Formal Entry
  • Wine Room
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Home Theater
  • Library with Fireplace
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Gazebo
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5505-005-014

Community Details

Overview

  • No Home Owners Association

Amenities

  • Billiard Room
  • Service Entrance

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,181

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tudor
  • Street Number Display: Yes
  • Living Area: 9145
  • Lot Acreage: 0.4705
  • Lot Dimensions: 95x215
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Library, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 7
  • Half Bathroom: 3
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 10.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven, Gas Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 1093.28

Exterior Features

  • Other Structures: GuestHouse, Gazebo
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Pool, Trees/Woods
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage Is Detached
  • Total Parking: 6

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5505-005-014
  • Lot Size Area: 20497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Aug 19, 2021
Sold by
Horrigan David Gregory and Horrigan Judith Anne
Bought by
516 South Hudson Avenue Llc
Seller's Agent
Ernie Carswell
Sotheby's International Realty
Buyer's Agent
Alexander Masket
Compass
List Price
$9,998,000
Sold Price
$9,285,000
Premium/Discount to List
-$713,000
-7.13%
Current Estimated Value
$10,166,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,338
Avg. Annual Appreciation
2.80%
Original Mortgage
$6,499,500
Outstanding Balance
$5,900,693
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,457,356

Purchase Details

Listed on
Oct 1, 2015
Closed on
Oct 22, 2015
Sold by
Anr/Lt Housing 1 Llc
Bought by
Florrigan David Gregory and Horrigan Judith Anne
Seller's Agent
Ernie Carswell
Sotheby's International Realty
Buyer's Agent
Elena Jovis
Nourmand & Associates-BH
List Price
$8,485,000
Sold Price
$8,550,000
Premium/Discount to List
$65,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%

Purchase Details

Listed on
Oct 28, 2013
Closed on
Feb 6, 2014
Sold by
Mcnicholas John P
Bought by
Anr/Lt Housing 1 Llc
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
Ernie Carswell
Sotheby's International Realty
List Price
$4,299,000
Sold Price
$3,850,000
Premium/Discount to List
-$449,000
-10.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.45%
Original Mortgage
$3,900,000
Interest Rate
4.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 2, 2003
Sold by
Mcnicholas John P and Mcnicholas Diana S
Bought by
Mcnicholas John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
4.5%

Purchase Details

Closed on
Dec 6, 1995
Sold by
Mcnicholas John P and Mcnicholas Diana S
Bought by
Mcnicholas John P and Mcnicholas Diana S
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
516 South Hudson Avenue Llc $9,285,000 Chicago Title Company
Florrigan David Gregory $8,550,000 Equity Title Company
Anr/Lt Housing 1 Llc $3,850,000 Orange Coast Title Company
Mcnicholas John P -- Chicago
Mcnicholas John P -- Chicago Title Co
Mcnicholas John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 516 South Hudson Avenue Llc $6,499,500
Previous Owner Anr/Lt Housing I Llc $3,900,000
Previous Owner Anr/Lt Housing 1 Llc $3,900,000
Previous Owner Mcnicholas John P $1,000,000
Previous Owner Mcnicholas John P $300,000
Previous Owner Mcnicholas John P $199,000
Previous Owner Mcnicholas John P $243,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $9,285,000 -7.1% $1,015 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $9,998,000 +16.9% $1,093 / Sq Ft
11/25/2015 11/25/15 Sold $8,550,000 +0.8% $964 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $8,485,000 +120.4% $957 / Sq Ft
03/12/2014 03/12/14 Sold $3,850,000 -10.4% $593 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $4,299,000 -- $663 / 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 $117,181 $9,853,314 $6,189,919 $3,663,395
2024 $117,181 $9,660,113 $6,068,549 $3,591,564
2023 $114,869 $9,470,700 $5,949,558 $3,521,142
2022 $109,459 $9,285,000 $5,832,900 $3,452,100
2021 $111,050 $9,350,670 $6,545,470 $2,805,200
2020 $112,215 $9,254,792 $6,478,355 $2,776,437
2019 $107,681 $9,073,327 $6,351,329 $2,721,998
2018 $107,376 $8,895,420 $6,226,794 $2,668,626
2016 $102,748 $8,550,000 $5,985,000 $2,565,000
2015 $47,579 $3,926,923 $2,039,960 $1,886,963
2014 $5,198 $368,979 $134,987 $233,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-720170

The MLS

APN: 5505-005-014