NOT LISTED FOR SALE

Estimated Value: $2,973,000 - $4,080,000

3 Beds
3 Baths
2,928 Sq Ft
$1,195/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $2,880,000 $984 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $21,800/month

48 Days on Market

Highlights

  • In Ground Pool
  • Spanish Architecture
  • Built-In Features
  • Wood Flooring
  • No HOA
  • Views

About This Home

As of April 2018

This home is located at 540 N Laurel Ave, Los Angeles, CA 90048 since 16 February 2018 and is currently estimated at $3,499,241, approximately $1,195 per square foot. This property was built in 1937. 540 N Laurel Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

Last Agent to Sell the Property

Alejandro Lombardo

Compass License #01234576 Listed on: 02/16/2018

Compass

Last Buyer's Agent

Andrew Grad

Resident Group License #01929841

Resident Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,973

Year Built

  • Built in 1937

Lot Details

  • 6,530 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,928 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Room
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5527-018-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,973

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2928
  • Stories: 1
  • Year Built: 1937
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1007.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Any
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5527-018-014
  • Geocode Override: No
  • Lot Size Area: 6530

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2019
Sold by
Houman Eliot and Houman Jasmin
Bought by
Houman Eliot Moses and Houman Jasmin Leah
Current Estimated Value
$3,499,241

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 19, 2018
Sold by
Vandyke Gregory Van
Bought by
Houman Eliot and Houman Jasmin
Seller's Agent
Alejandro Lombardo
Compass
Buyer's Agent
Andrew Grad
Resident Group
List Price
$2,950,000
Sold Price
$2,880,000
Premium/Discount to List
-$70,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$2,304,000
Outstanding Balance
$1,916,712
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,582,529

Purchase Details

Listed on
Jul 13, 2012
Closed on
Oct 3, 2012
Sold by
Habeck Brent
Bought by
Vandyke Gregory
Seller's Agent
Alejandro Lombardo
Compass
Buyer's Agent
Rhonda Scott
Coldwell Banker Realty
List Price
$2,250,000
Sold Price
$2,175,000
Premium/Discount to List
-$75,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$1,740,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2010
Sold by
Kraus Phyllis June and Kraus Herbert B
Bought by
Habeck Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1995
Sold by
Bertram Herbert and Kraus Herbert B
Bought by
Kraus Herbert Bertram and Kraus Herbert 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
Houman Eliot Moses -- None Available
Houman Eliot $2,880,000 Stewart Title
Vandyke Gregory $2,175,021 Old Republic Title Company
Habeck Brent $890,008 Old Republic Title Company
Kraus Herbert Bertram -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houman Eliot $2,304,000
Previous Owner Vandyke Gregory $1,740,000
Previous Owner Habeck Brent $712,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2018 04/27/18 Sold $2,880,000 -2.4% $984 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $2,950,000 +35.6% $1,008 / Sq Ft
10/12/2012 10/12/12 Sold $2,175,000 -3.3% $725 / Sq Ft View Prior Sale
08/30/2012 08/30/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $2,250,000 -- $750 / 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 $38,973 $3,276,943 $2,494,345 $782,598
2024 $38,973 $3,212,690 $2,445,437 $767,253
2023 $38,211 $3,149,697 $2,397,488 $752,209
2022 $36,422 $3,087,939 $2,350,479 $737,460
2021 $35,984 $3,027,392 $2,304,392 $723,000
2019 $34,898 $2,937,600 $2,236,044 $701,556
2018 $28,462 $2,353,916 $1,839,844 $514,072
2016 $27,230 $2,262,512 $1,768,401 $494,111
2015 $26,828 $2,228,527 $1,741,838 $486,689
2014 $26,904 $2,184,874 $1,707,718 $477,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-299426

The MLS

APN: 5527-018-014