NOT LISTED FOR SALE

525 Warner Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $4,118,172 - $6,750,000

4 Beds
5 Baths
3,949 Sq Ft
$1,315/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $4,575,000 $1,159 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $28,546/month

35 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • No HOA
  • Warner Avenue Elementary Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of May 2017

Exquisite 1930's Traditional home with classic center hall plan. Designed by Suzanne Rheinstein of Hollyhock. Gorgeous entry with herringbone wood floors and sweeping staircase with original wrought iron banister. Stunning formal dining room. Chef's kitchen with top of the line appliances. Paneled library with fireplace, family/media room with custom cabinetry, sun-lit reading room, powder room & office or housekeepers room complete the main floor. Upstairs features a sophisticated master suite with 3rd fireplace, marble bath, and dual closets that have been custom fitted. There are an additional three large bedrooms that complete the second floor. Impeccable landscaping designed by Art Luna. Gravel pathways surrounded by mature trees that lead to a variety of romantic sitting areas and stunning vignettes. Direct access to a 2-car finished garage. Elegant living in the heart of the city!

Last Agent to Sell the Property

Steve Frankel

Coldwell Banker Realty License #01195571 Listed on: 03/20/2017

Coldwell Banker Realty

Last Buyer's Agent

Ernie Carswell

Sotheby's International Realty License #01111566

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 10,581 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Family Room
  • Dining Room
  • Den with Fireplace
  • Library with Fireplace
  • Alarm System
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4360-022-016

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

10,581 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Library, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Range/Oven, Refrigerator

Exterior Features

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

Garage/Parking

  • Parking Garage: Private Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4360-022-016
  • Geocode Override: No
  • Lot Size Area: 10581

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
May 8, 2017
Sold by
Roeder Richard K and Roeder Family Trust
Bought by
Minkey House Llc
Seller's Agent
Steve Frankel
Coldwell Banker Realty
Buyer's Agent
Ernie Carswell
Sotheby's International Realty
List Price
$4,995,000
Sold Price
$4,575,000
Premium/Discount to List
-$420,000
-8.41%
Current Estimated Value
$5,192,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,043
Avg. Annual Appreciation
1.44%

Purchase Details

Closed on
Jan 9, 2013
Sold by
Roeder Richard K and Roeder Allison M
Bought by
Roeder Richard K and Roeder Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Halgren Jack H and Halgren Jane G
Bought by
Roeder Richard K and Roeder Allison N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2007
Sold by
Halgren Jack H and Halgren Jane G
Bought by
Halgren Jack H and Halgren Jane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2005
Sold by
Zimmerman Richard W and Zimmerman Lucille T
Bought by
Halgren Jack H and Halgren Jane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Minkey House Llc $4,575,000 Equity Title Los Angeles
Roeder Richard K -- Chicago Title Company
Roeder Richard K $3,345,000 Equity Title Los Angeles
Halgren Jack H -- Security Union Title
Halgren Jack H $2,219,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roeder Richard K $2,000,000
Previous Owner Roeder Richard K $2,000,000
Previous Owner Halgren Jack H $1,575,000
Previous Owner Halgren Jack H $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $4,575,000 -8.4% $1,159 / Sq Ft
03/20/2017 03/20/17 For Sale $4,995,000 -- $1,265 / Sq Ft
Source: The MLS

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 $14,820 $1,207,201 $667,125 $540,076
2024 $14,820 $1,183,532 $654,045 $529,487
2023 $14,542 $1,160,326 $641,221 $519,105
2022 $13,880 $1,137,576 $628,649 $508,927
2021 $13,695 $1,115,272 $616,323 $498,949
2020 $13,831 $4,855,025 $2,564,196 $2,290,829
2019 $56,478 $4,759,829 $2,513,918 $2,245,911
2018 $56,309 $4,666,500 $2,464,626 $2,201,874
2016 $43,488 $3,612,154 $1,916,175 $1,695,979
2015 $42,847 $3,557,897 $1,887,393 $1,670,504
2014 $42,962 $3,488,204 $1,850,422 $1,637,782
Source: Public Records

Agents Affiliated with this Home

  • Steve Frankel

    Seller's Agent in 2017

    Steve Frankel

    Coldwell Banker Realty

    (310) 508-5008

    3 in this area

    97 Total Sales

    Steve Frankel
    Section Image
  • Ernie Carswell

    Buyer's Agent in 2017

    Ernie Carswell

    Sotheby's International Realty

    (424) 202-3226

    2 in this area

    141 Total Sales

    Ernie Carswell
    Section Image
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Map

Source: The MLS

MLS Number: 17-212872

The MLS

APN: 4360-022-016

California Los Angeles County Los Angeles 90024 Westwood

525 Warner Ave, Los Angeles, CA

Not Listed for Sale

Detached

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