NOT LISTED FOR SALE

555 Westbourne Dr West Hollywood, CA 90048

Estimated Value: $2,902,164 - $4,249,000

4 Beds
3 Baths
2,750 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold April 05, 2015

Last sale price $2,130,000 $775 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $21,558/month

115 Days on Market

Highlights

  • Sound Studio
  • Gated Parking
  • Living Room with Fireplace
  • Heated In Ground Pool
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of April 2015

Nestled privately just steps from Melrose and Robertson boutiques and cafes, this exclusive compound boasts a refined and contemporary design, open floor plan, designer chef's kitchen, and is replete with a guesthouse and a beautiful pool and decking. Doors open from the main house to the yard creating a beautiful ambience, and the master suite offers expansive space with a magnificent walk-in closet and a large elegant bathroom. Truly a sophisticated masterpiece for the most discerning client. Two-car parking behind a gated driveway, main house is approx. 2,171 sq. ft., guest house is approx. 569 sq. ft. Seller leaseback required through June, 2015.

Last Agent to Sell the Property

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254 Listed on: 11/07/2014

The Oppenheim Group, Inc.

Last Buyer's Agent

Rayni Williams

The Beverly Hills Estates License #01496786

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,060

Year Built

  • Built in 1926

Lot Details

  • 4,882 Sq Ft Lot
  • Property is zoned WDR1B*

Parking

  • Gated Parking

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sound Studio
  • Wood Flooring
  • Alarm System
  • Dishwasher
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4337-016-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,060

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 2750
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • 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: 1
  • Equipment: Alarm System, Dishwasher, Refrigerator
  • Price Per S Q F T: 854.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Gated

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4337-016-034
  • Geocode Override: No
  • Lot Size Area: 4882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Mar 5, 2015
Sold by
Green Whliam
Bought by
Levin Benjamin
Seller's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
Buyer's Agent
Rayni Williams
The Beverly Hills Estates
List Price
$2,495,000
Sold Price
$2,130,000
Premium/Discount to List
-$365,000
-14.63%
Current Estimated Value
$3,488,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,358,291
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
May 27, 2014
Sold by
Sasson Andrew
Bought by
Green William and Sasson 2011 Irrevocable Trust

Purchase Details

Closed on
May 12, 2011
Sold by
Mead Jonathan
Bought by
Sasson Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
La Kaza Llc
Bought by
Mead Jonathan

Purchase Details

Closed on
Aug 29, 2008
Sold by
Seixas Roberto
Bought by
Lombardo Alex and The A L Living Trust

Purchase Details

Closed on
Feb 28, 2008
Sold by
Parker Nan and Milton F Flagg Trust
Bought by
Seixas Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5%
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
Levin Benjamin $2,130,000 First American Title
Green William -- None Available
Sasson Andrew $1,900,019 Old Republic Title Company
Mead Jonathan -- Old Republic Title Company
La Kaza Llc -- Ortc
Lombardo Alex -- None Available
Seixas Roberto $1,040,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sasson Andrew $1,428,900
Previous Owner Sasson Andrew $1,500,000
Previous Owner Seixas Roberto $780,000
Previous Owner Flagg Milton F $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2015 04/05/15 Sold $2,130,000 -9.3% $775 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
01/08/2015 01/08/15 Price Changed $2,349,000 -5.9% $854 / Sq Ft
11/07/2014 11/07/14 For Sale $2,495,000 -- $907 / 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 $31,060 $2,589,977 $1,633,910 $956,067
2024 $31,060 $2,539,194 $1,601,873 $937,321
2023 $30,475 $2,489,407 $1,570,464 $918,943
2022 $28,894 $2,440,596 $1,539,671 $900,925
2021 $28,590 $2,392,742 $1,509,482 $883,260
2019 $27,639 $2,321,774 $1,464,711 $857,063
2018 $27,406 $2,276,250 $1,435,992 $840,258
2016 $26,272 $2,187,863 $1,380,232 $807,631
2015 $23,955 $1,992,800 $1,258,611 $734,189
2014 $24,309 $1,985,734 $1,254,148 $731,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-807655

The MLS

APN: 4337-016-034