NOT LISTED FOR SALE

542 N Detroit St Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,684,000 - $2,962,000

3 Beds
3 Baths
1,650 Sq Ft
$1,394/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $1,780,000 $1,079 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $14,547/month

24 Days on Market

Highlights

  • Detached Guest House
  • Gated Parking
  • Living Room with Fireplace
  • Garage Apartment
  • View of Hills
  • Wood Flooring

About This Home

As of March 2018

Gated, enchanting Spanish style probate (no court confirmation required) in the highly coveted Melrose district consisting of 3 structures: Main house- 1650sf 2bd+den/2bath, Detached guest house w 1bd/1bath, private kitchen (rentable) & skylights, & detached 2car garage with wall to wall closet and skylights. The main house offers solid hardwood floors with high wood beamed cathedral style ceilings & seductive chandeliers, bd w French doors that open to the courtyard, & breakfast room all with lots of natural sunlight. Beautiful garden in the back with fountain. This won't last!

Last Agent to Sell the Property

Manuela Villa

Compass License #01900049 Listed on: 02/06/2018

Compass

Last Buyer's Agent

Laura Pardini

Compass License #01066709

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,142

Year Built

  • Built in 1928

Lot Details

  • 6,424 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Hills
  • Courtyard

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Home Office
  • Library
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Microwave
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • Garage
  • Garage Apartment
  • Side by Side Parking
  • Driveway
  • Gated Parking
  • Guest Parking

Additional Features

  • Covered Patio or Porch
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5525-021-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,142

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1650
  • Probate: Yes
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Laminate, Mixed, Vinyl, Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Garbage Disposal, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 1087.88

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Courtyard, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Driveway, Garage, Garage - 2 Car, Garage Is Detached, Gated, Parking for Guests, Parking for Guests - Onsite, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5525-021-021
  • Geocode Override: No
  • Lot Size Area: 6424

Rental Info

  • Court Approve: No

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Anderson Allene Q
Bought by
Anderson Allene Quincy and Allene Q Anderson Revocable Tr
Current Estimated Value
$2,300,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,041,000
Outstanding Balance
$951,353
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,320,997

Purchase Details

Listed on
Feb 6, 2018
Closed on
Feb 15, 2018
Sold by
Solly Todd and Estate Of Lloyd Solly
Bought by
Anderson Allene Q
Seller's Agent
Manuela Villa
Compass
Buyer's Agent
Laura Pardini
Compass
List Price
$1,795,000
Sold Price
$1,780,000
Premium/Discount to List
-$15,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$1,333,750
Interest Rate
3.63%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2005
Sold by
Natale Richard
Bought by
Solly Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Anderson Allene Quincy -- Mortgage Connect Lp
Anderson Allene Q $1,780,000 Lawyers Title Company
Solly Lloyd $885,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Allene Quincy $1,041,000
Closed Anderson Allene Q $1,333,750
Previous Owner Solly Lloyd $750,000
Previous Owner Solly Lloyd $650,000
Previous Owner Natale Richard $500,000
Previous Owner Natale Richard $172,000
Closed Solly Lloyd $190,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2018 03/20/18 Sold $1,780,000 -0.8% $1,079 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $1,795,000 -- $1,088 / 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 $24,142 $2,025,332 $1,137,827 $887,505
2024 $24,142 $1,985,620 $1,115,517 $870,103
2023 $23,673 $1,946,688 $1,093,645 $853,043
2022 $22,568 $1,908,518 $1,072,201 $836,317
2021 $22,297 $1,871,097 $1,051,178 $819,919
2020 $22,531 $1,851,912 $1,040,400 $811,512
2019 $21,626 $1,815,600 $1,020,000 $795,600
2018 $14,056 $1,155,000 $1,000,000 $155,000
2016 $12,637 $1,042,075 $865,456 $176,619
2015 $12,452 $1,026,424 $852,457 $173,967
2014 $12,499 $1,006,319 $835,759 $170,560
Source: Public Records

Agents Affiliated with this Home

  • Manuela Villa

    Seller's Agent in 2018

    Manuela Villa

    Compass

    (310) 880-4828

    10 Total Sales

    Manuela Villa
    Section Image
  • Laura Pardini

    Buyer's Agent in 2018

    Laura Pardini

    Compass

    (310) 991-9689

    18 Total Sales

    Laura Pardini
    Section Image
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Map

Source: The MLS

MLS Number: 18-310690

The MLS

APN: 5525-021-021

California Los Angeles County Los Angeles 90036 Melrose

542 N Detroit St, Los Angeles, CA

This home is located at 542 N Detroit St, Los Angeles, CA 90036 since 06 February 2018 and is currently estimated at $2,300,647, approximately $1,394 per square foot. This property was built in 1928. 542 N Detroit St is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Yeshiva Rav Isacsohn / Torath Em.

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