NOT LISTED FOR SALE

554 Westbourne Dr West Hollywood, CA 90048

Estimated Value: $1,801,826 - $2,525,000

3 Beds
3 Baths
1,044 Sq Ft
$2,153/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $1,491,775 $1,429 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,724/month

28 Days on Market

Highlights

  • Spa
  • Spanish Architecture
  • Open Patio
  • Wood Flooring
  • Built-In Features
  • Security System Owned

About This Home

As of September 2014

This stunning, extensively updated Spanish-style retreat is in one of the most desirable neighborhood in West Hollywood. South of Melrose across from the Pacific Design Center, this enchanting home is a short hop from some of the best restaurants and trendiest shopping in LA. Entered from a gated courtyard, a great room offers an open kitchen and dining area featuring high-end appliances, custom cabinetry, and an elegant lounge area, all flooded with light and opening to a beautifully landscaped private front yard. The main house also features a comfortable family room, 2bd/2ba in the main house - both of which open to the gorgeous back yard with a dramatic spa/plunge pool reminiscent of a classic Spanish fountain. There is a spacious, separate (unpermitted) guest cottage with its own bath. The property is perfect for a discerning buyer seeking a unique home in the heart of vibrant West Hollywood.

Last Agent to Sell the Property

Peter Schwartz

Keller Williams Beverly Hills License #01016003 Listed on: 07/15/2014

Keller Williams Beverly Hills

Last Buyer's Agent

Jackie Smith

Compass License #01889096

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,675

Year Built

  • Built in 1925

Lot Details

  • 3,831 Sq Ft Lot
  • Property is zoned WDR1B*

Parking

  • Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Family Room
  • Dining Area
  • Wood Flooring
  • Security System Owned

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4337-010-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,675

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Ice Maker, Refrigerator, Washer

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned

Lot Info

  • Assessor Parcel Number: 4337-010-011
  • Geocode Override: No
  • Lot Size Area: 3831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Aug 15, 2014
Sold by
Zimmermlan Brent
Bought by
2009 Meyerson Family Trust
Seller's Agent
Peter Schwartz
Keller Williams Beverly Hills
Buyer's Agent
Jackie Smith
Compass
List Price
$1,549,000
Sold Price
$1,491,775
Premium/Discount to List
-$57,225
-3.69%
Current Estimated Value
$2,247,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,182
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,193,420
Outstanding Balance
$880,788
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,378,787

Purchase Details

Closed on
May 7, 2009
Sold by
Mitchell Tyler
Bought by
Zimmerman Brent and Gaultier Cyril

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Cendant Mobility Financial Corp
Bought by
Mitchell Tyler and Siebel Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2003
Sold by
Luke Alexander L
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2002
Sold by
Schlange Thomas
Bought by
Luke Alexander L and Luke Karen Weeks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.62%

Purchase Details

Closed on
Mar 16, 1999
Sold by
Ohanian Dennis M
Bought by
Schlange Thomas and Manacher Leigh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.04%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Ohanian Dennis H and Ohanian Florida D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.95%

Purchase Details

Closed on
Mar 5, 1998
Sold by
Deoliveira Manuel V
Bought by
Washington Mutual Bank Fa and American Svgs Bank Fa

Purchase Details

Closed on
Jun 20, 1997
Sold by
Deoliveira Manuel R V
Bought by
Deoliveira Manuela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.92%
Mortgage Type
Credit Line Revolving
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
2009 Meyerson Family Trust $1,492,000 Progressive Title Company
Zimmerman Brent $1,015,000 California Title Company
Mitchell Tyler $755,000 Equity Title
Cendant Mobility Financial Corp -- Equity Title
Luke Alexander L $599,000 Equity Title Company
Schlange Thomas $385,000 --
Ohanian Dennis H $310,000 Investors Title Company
Washington Mutual Bank Fa $285,800 Stewart Title
Deoliveira Manuela R -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2009 Meyerson Family Trust $1,193,420
Previous Owner Zimmerman Brent $729,750
Previous Owner Mitchell Tyler $604,000
Previous Owner Luke Alexander L $479,200
Previous Owner Schlange Thomas $308,000
Previous Owner Ohanian Dennis H $248,000
Previous Owner Deoliveira Manuela R $315,000
Closed Schlange Thomas $38,500
Closed Luke Alexander L $89,850
Closed Mitchell Tyler $75,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $1,491,775 -3.7% $1,429 / Sq Ft
07/15/2014 07/15/14 For Sale $1,549,000 -- $1,484 / 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 $21,675 $1,792,911 $1,405,920 $386,991
2024 $21,675 $1,757,756 $1,378,353 $379,403
2023 $21,260 $1,723,291 $1,351,327 $371,964
2022 $20,148 $1,689,502 $1,324,831 $364,671
2021 $19,939 $1,656,375 $1,298,854 $357,521
2019 $19,273 $1,607,248 $1,260,330 $346,918
2018 $19,130 $1,575,734 $1,235,618 $340,116
2016 $18,346 $1,514,549 $1,187,639 $326,910
2015 $18,054 $1,491,800 $1,169,800 $322,000
2014 $13,359 $1,076,780 $782,409 $294,371
Source: Public Records

Agents Affiliated with this Home

  • Peter Schwartz

    Seller's Agent in 2014

    Peter Schwartz

    Keller Williams Beverly Hills

    (323) 816-3686

    2 Total Sales

    Peter Schwartz
    Section Image
  • Jackie Smith

    Buyer's Agent in 2014

    Jackie Smith

    Compass

    (213) 494-7736

    5 in this area

    70 Total Sales

    Jackie Smith
    Section Image
  • Juliette Hohnen

    Buyer Co-Listing Agent in 2014

    Juliette Hohnen

    Douglas Elliman

    (323) 422-7147

    3 in this area

    154 Total Sales

    Juliette Hohnen
    Section Image
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Map

Source: The MLS

MLS Number: 14-777597

The MLS

APN: 4337-010-011

California Los Angeles County West Hollywood 90048

554 Westbourne Dr, West Hollywood, CA

This home is located at 554 Westbourne Dr, West Hollywood, CA 90048 since 15 July 2014 and is currently estimated at $2,247,957, approximately $2,153 per square foot. This property was built in 1925. 554 Westbourne Dr is a home located in Los Angeles County with nearby schools including Rosewood Avenue Elementary School, John Burroughs Middle School, and Fairfax High School.

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