NOT LISTED FOR SALE

723 Westmount Dr Unit 305 West Hollywood, CA 90069

Estimated Value: $1,037,000 - $1,517,000

3 Beds
3 Baths
1,549 Sq Ft
$475/mo HOA Fee

Last Sold September 04, 2019

Last sale price $969,000 $626 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,457/month

24 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • 17,166 Sq Ft lot
  • Heated In Ground Pool
  • City Lights View
  • Contemporary Architecture

About This Home

As of September 2019

Stunning 3 bed 3 bath two-story southwest facing Penthouse w/ city views in Prime West Hollywood. Bright, open, and spacious, this extensively remodeled top floor home features a tastefully renovated (2014) open cook's kitchen w/ custom cabinets, quartz countertops, stainless appliances, subway glass tile backsplash, and large counter/peninsula perfect for entertaining. Newer engineered hardwood floors, recessed lighting, large living room w/ dramatic vaulted ceilings, balcony & limestone fireplace, dual paned windows throughout, formal dining room, central AC, laundry inside, large master suite has balcony w/ views of city and Hollywood Hills, 3 luxurious bathrooms, & great storage/closet space! 3rd bedroom is open loft style perfect as an office or guest bedroom. Small well maintained 20 unit building has pool, spa, gym, elevator, lobby, controlled access, & 2 side X side parking spaces. Unrivaled location seconds to the very best shopping, dining, & entertainment in West Hollywood!

Last Agent to Sell the Property

Jimmy Martinez

Compass License #01252139 Listed on: 07/19/2019

Compass

Co-Listed By

Shaun Seeram

Sotheby's International Realty License #00966519

Last Buyer's Agent

Josephine Amin

The Agency License #02062607

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,927

Year Built

  • Built in 1982

Lot Details

  • 0.39

HOA Fees

  • $475 Monthly HOA Fees

Property Views

  • City Lights
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,549 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Side by Side Parking
  • Gated Parking
  • Parking Garage Space

Pool

  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 4337-008-153

Community Details

Overview

  • 20 Units
  • Maintained Community

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,927

Year Built

Built in 1982

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Le Palais Royale
  • Entry Floor: 3
  • Living Area: 1549
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1982
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Kitchen, In Unit, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 625.56

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Heated
  • Pool: Yes
  • View: City, City Lights, Hills, Landmark, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Gated, Side By Side

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Community

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Exercise Room, Gated Parking, Pool, Spa
  • Pet Rules: Call, Size Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 475.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4337-008-153
  • Geocode Override: No
  • Lot Size Area: 17166

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2022
Sold by
Yu Winchel
Bought by
Westmount Encanta Llc
Current Estimated Value
$1,246,286

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 14, 2019
Sold by
Cohen Laurie Jeffrey Steven and Cohen Laurie Timothy
Bought by
Yu Winchel
Seller's Agent
Jimmy Martinez
Compass
Buyer's Agent
Josephine Amin
The Agency
List Price
$969,000
Sold Price
$969,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Mar 11, 2017
Sold by
Cohen Laurie Jeffrey Steven and Cohen Laurie Timothy Swinbank
Bought by
Cohen Laurie Jeffrey Steven and Cohen Laurie Timothy

Purchase Details

Closed on
Mar 24, 2016
Sold by
Cohen Jeffrey Steven and Cohen Laurie Timothy
Bought by
Cohen Laurie Jeffrey Steven and Cohen Laurie Timothy Swinbank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2015
Sold by
Cohen Jeffrey Steven and Cohen Laurie Timothy
Bought by
Cohen Jeffrey Steven and Cohen Laurie Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 18, 2014
Sold by
Cohen Jeffrey Steven and Cohen Laurie Tim
Bought by
Cohen Jeffrey Steven and Cohen Laurie Timothy
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
Jimmy Martinez
Compass
List Price
$749,000
Sold Price
$762,250
Premium/Discount to List
$13,250
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$571,687
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 14, 2014
Sold by
Cheng Derek W and Cheng Wendy Wong
Bought by
Cohen Jeffrey Steven and Cohen Laurie Tim
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
Jimmy Martinez
Compass
List Price
$749,000
Sold Price
$762,250
Premium/Discount to List
$13,250
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,687
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2009
Sold by
Wright Warner R
Bought by
Cheng Derek W and Cheng Wendy Wong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2000
Sold by
Levi Estates Llc
Bought by
Wright Warner R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
11.12%

Purchase Details

Closed on
Sep 23, 1999
Sold by
Levy Udi
Bought by
Levi Estates Llc

Purchase Details

Closed on
Feb 10, 1999
Sold by
Nhl Trust
Bought by
Levy Udi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.35%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Kermani Jamshid and Kermani Neda
Bought by
Nhl Trust

Purchase Details

Closed on
Jan 12, 1998
Sold by
Block Sherman
Bought by
Le Palais Royal Owners Assn
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
Westmount Encanta Llc -- None Listed On Document
Yu Winchel $969,000 Lawyers Title Company
Cohen Laurie Jeffrey Steven -- None Available
Cohen Laurie Jeffrey Steven -- Title 365
Cohen Jeffrey Steven -- Chicago Title Company
Cohen Jeffrey Steven -- Chicago Title Company
Cohen Jeffrey Steven -- Accommodation
Cohen Jeffrey Steven $762,500 Equity Title Company
Cheng Derek W $620,000 Lsi Local Solutions
Wright Warner R $350,000 Provident Title
Levi Estates Llc -- --
Levy Udi $240,000 Stewart Title
Nhl Trust $140,000 First Southwestern Title Co
Le Palais Royal Owners Assn $18,834 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Laurie Jeffrey Steven $557,000
Previous Owner Cohen Jeffrey Steven $568,000
Previous Owner Cohen Jeffrey Steven $571,687
Previous Owner Cheng Derek W $80,500
Previous Owner Cheng Derek W $417,000
Previous Owner Wright Warner R $100,000
Previous Owner Wright Warner R $524,250
Previous Owner Wright Warner R $307,500
Previous Owner Wright Warner R $280,000
Previous Owner Levy Udi $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $969,000 0.0% $626 / Sq Ft
07/19/2019 07/19/19 For Sale $969,000 +27.1% $626 / Sq Ft
08/27/2014 08/27/14 Sold $762,250 +1.8% $492 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $749,000 -- $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 $14,927 $1,246,919 $424,483 $822,436
2024 $14,927 $1,222,470 $416,160 $806,310
2023 $14,669 $1,198,500 $408,000 $790,500
2022 $11,899 $998,618 $722,942 $275,676
2021 $11,801 $979,038 $708,767 $270,271
2020 $11,904 $969,000 $701,500 $267,500
2019 $9,844 $821,183 $560,888 $260,295
2018 $9,771 $805,083 $549,891 $255,192
2016 $9,355 $773,823 $528,539 $245,284
2015 $9,206 $762,200 $520,600 $241,600
2014 $8,141 $651,304 $404,019 $247,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-490234

The MLS

APN: 4337-008-153