NOT LISTED FOR SALE

Estimated Value: $1,883,000 - $2,349,000

4 Beds
3 Baths
2,243 Sq Ft
$922/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $1,430,000 $638 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,891/month

84 Days on Market

Highlights

  • Detached Guest House
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Spanish Architecture
  • Converted Garage

About This Home

As of May 2018

Beautifully updated Spanish 1930s gated home in Historic Carthay Square with potential for extra rental income as well! Enter the home and be greeted by an oversized living room w/ beautiful wood-beamed ceiling & original dark oak wood floors, flowing seamlessly into the formal dining room. The kitchen was extensively updated within the last few years w/ plenty of great cabinetry, two sinks, large pantry, & informal dining area. Total of 4 bedrooms plus a home office. Every bathroom has been updated. The master bedroom has dual closets & a wonderful updated master bathroom with spa tub. Exit out the French doors to the highly private & large backyard, w/ great entertaining space, & room for a pool! Detached guest house with kitchen and bathroom, on site parking for 6 plus cars & many upgrades. Just moments to Museum Row, The Grove, Farmers Market, Beverly Center, & so many other amazing spots.

Last Agent to Sell the Property

Michelle Hirsch

Equity Union License #01445587 Listed on: 01/26/2018

Equity Union

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,431

Year Built

  • Built in 1929

Lot Details

  • 6,252 Sq Ft Lot
  • Property is zoned LAR3

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,243 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Alarm System
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Converted Garage
  • Driveway

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5087-019-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,431

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: Incredible and unique opportunity in one of the hottest areas in Los Angeles. Carthay Circle is a fabulous central location, just moments to Museum Row, The Grove, Farmers Market, Beverly Center, and so many other amazing spots. This updated Spanish 1930s gated home is not only a great home in its own right, but it also sits on an R3-zoned lot! Enter the home and be greeted by an oversized living room with beautiful wood-beamed ceiling and original dark oak wood floors, flowing seamlessly into the formal dining room. The galley kitchen was extensively updated within the last few years with plenty of great cabinetry, two sinks, large pantry, and informal dining area. Total of four bedrooms plus a home office. Every bathroom has been updated. The master bedroom has dual closets and a wonderful updated master bathroom with spa tub. Exit out the French doors to the highly private and large backyard, with great entertaining space, even room for a pool! Detached guest house has its own private porch, bathroom, kitchenette and great closet space. There are three bedrooms and two bathrooms upstairs and one bedroom and bathroom downstairs plus the office. The house has had some fabulous updates. Upgrades include camera system, Pella windows, alarm system, & more!
  • Living Area: 2243
  • Year Built: 1929
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

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: 0
  • Family Room: 0
  • Laundry: In Closet
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 646.46

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5087-019-004
  • Geocode Override: No
  • Lot Size Area: 6252

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Apr 27, 2018
Sold by
Reinstein Lowell
Bought by
Tilles Yaron and Tilles Marsha
Seller's Agent
Michelle Hirsch
Equity Union
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$1,585,000
Sold Price
$1,430,000
Premium/Discount to List
-$155,000
-9.78%
Current Estimated Value
$2,068,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,762
Avg. Annual Appreciation
5.10%
Original Mortgage
$114,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2016
Sold by
Reinstein Lowell
Bought by
Reinstein Lowell and Heller Cathy Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jul 3, 2014
Sold by
Lamm Llc
Bought by
Reinstein Lowell and Reinstein Cathy Heller
Seller's Agent
Allison Schwarz
Compass
Buyer's Agent
Deborah Fenner
Sperry Van Ness
List Price
$995,000
Sold Price
$1,054,000
Premium/Discount to List
$59,000
5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$843,200
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2009
Sold by
Macmurray Laurie
Bought by
Lamm Llc

Purchase Details

Closed on
Jul 21, 2009
Sold by
Marsella Al and Macmurray Katherine Marie
Bought by
Macmurray Laurie Anne
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tilles Yaron $1,430,000 Lawyers Title
Reinstein Lowell -- None Available
Reinstein Lowell $1,054,000 Equity Title
Lamm Llc -- None Available
Macmurray Laurie -- None Available
Macmurray Laurie Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tilles Yaron $150,000
Open Tilles Yaron $1,118,000
Closed Tilles Yaron $1,126,000
Closed Tilles Yaron $114,400
Previous Owner Reinstein Lowell $975,000
Previous Owner Reinstein Lowell $843,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $1,430,000 -1.4% $638 / Sq Ft
03/23/2018 03/23/18 Price Changed $1,450,000 -3.2% $646 / Sq Ft
02/07/2018 02/07/18 Price Changed $1,498,000 -5.5% $668 / Sq Ft
01/26/2018 01/26/18 For Sale $1,585,000 +50.4% $707 / Sq Ft
08/06/2014 08/06/14 Sold $1,054,000 +5.9% $470 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $995,000 -- $444 / 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 $19,431 $1,627,088 $1,301,673 $325,415
2024 $19,431 $1,595,185 $1,276,150 $319,035
2023 $19,055 $1,563,908 $1,251,128 $312,780
2022 $18,168 $1,533,245 $1,226,597 $306,648
2021 $17,943 $1,503,183 $1,202,547 $300,636
2019 $17,403 $1,458,600 $1,166,880 $291,720
2018 $13,652 $1,126,081 $890,642 $235,439
2016 $12,904 $1,070,072 $856,058 $214,014
2015 $12,714 $1,054,000 $843,200 $210,800
2014 $1,177 $76,355 $47,577 $28,778
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-307442

The MLS

APN: 5087-019-004