Seller's Agent in 2019
Brad Lawrence
Sotheby's International Realty
(323) 481-4700
26 Total Sales
724 Luton Dr Glendale, CA 91206
Woodbury NeighborhoodEstimated Value: $1,397,000 - $1,894,000
4
Beds
4
Baths
1,862
Sq Ft
$864/Sq Ft
Est. Value
Highlights
- Above Ground Spa
- City Lights View
- Deck
- Glenoaks Elementary School Rated A-
- Maid or Guest Quarters
- Wood Flooring
About This Home
As of December 2019Prepare to be amazed! Behind the lovely but unassuming faade of this circa 1930's Spanish home is a fantastic fusion of Californian, Victorian and Asian artisanship. Featured are an inviting living room with beamed ceiling, period fireplace and an intimate balcony with city-lights views; formal dining room with hand stenciled walls and ceiling; custom Victorian lighting and vintage accent tiles throughout the house; and an updated kitchen. Must-sees are the "Roses Are Red" master suite with an "under the sea" bathroom adorned with mermaid and starfish tiling; the ultimate speakeasy saloon; and an "opium den" inspired guest suite. The included adjoining lot (bringing the total lot size to 11,319 sq ft) has been transformed into a magical Shangri-La, complete with waterfall, vast koi pond, pagoda spa, bridge and seating areas. Overlooking this Zen retreat are two spacious decks for entertaining and relaxing. Whimsical perfection -- guaranteed to make you smile.
Last Agent to Sell the Property
Sotheby's International Realty License #01263598 Listed on: 10/18/2019
Last Buyer's Agent
Katherine Lourentzos
Katherine Lourentzos, Broker License #00924153
Home Details
Home Type
- Single Family
Year Built
- Built in 1932
Lot Details
- 5,934 Sq Ft Lot
- Property is zoned GLR1YY
Parking
- 2 Car Garage
Property Views
- City Lights
- Canyon
- Hills
Home Design
- Spanish Architecture
Interior Spaces
- 1,862 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bar
- Ceiling Fan
- Living Room with Fireplace
- Dining Room
- Home Office
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Maid or Guest Quarters
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Above Ground Spa
- Fiberglass Spa
Outdoor Features
- Balcony
- Deck
- Lanai
Utilities
- Gravity Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5661-007-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2019
Closed on
Nov 8, 2019
Sold by
Meichior Timothy K and Cald Kathleen S
Bought by
Oliver Joseph E and Francis Teresa
Seller's Agent
Brad Lawrence
Sotheby's International Realty
Buyer's Agent
Katherine Lourentzos
Katherine Lourentzos, Broker
List Price
$1,195,000
Sold Price
$1,225,000
Premium/Discount to List
$30,000
2.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,914
Avg. Annual Appreciation
4.58%
Original Mortgage
$980,000
Outstanding Balance
$864,706
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$744,208
Purchase Details
Closed on
Jun 24, 2013
Sold by
Melchior Timothy K
Bought by
Melchior Timothy K and Caid Kathleen S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,800
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 1994
Sold by
Melchior Elizabeth Louise
Bought by
Melchior Timothy K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.98%
Purchase Details
Closed on
Dec 30, 1993
Sold by
Degnan James M and Degnan Karen K
Bought by
Melchior Timothy K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.98%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oliver Joseph E | $1,225,000 | Equity Title Company | |
| Melchior Timothy K | -- | Pacific Coast Title Company | |
| Melchior Timothy K | -- | Chicago Title | |
| Melchior Timothy K | $275,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oliver Joseph E | $980,000 | |
| Previous Owner | Melchior Timothy K | $383,800 | |
| Previous Owner | Melchior Timothy K | $247,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2019 12/05/19 | Sold | $1,225,000 | +2.5% | $658 / Sq Ft |
| 10/18/2019 10/18/19 | For Sale | $1,195,000 | -- | $642 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $13,475 | $1,252,221 | $874,915 | $377,306 |
| 2024 | $13,475 | $1,227,668 | $857,760 | $369,908 |
| 2023 | $13,165 | $1,203,597 | $840,942 | $362,655 |
| 2022 | $12,934 | $1,179,998 | $824,453 | $355,545 |
| 2021 | $12,713 | $1,156,862 | $808,288 | $348,574 |
| 2020 | $12,605 | $1,145,000 | $800,000 | $345,000 |
| 2019 | $4,556 | $411,374 | $304,725 | $106,649 |
| 2018 | $4,473 | $403,308 | $298,750 | $104,558 |
| 2016 | $4,253 | $387,649 | $287,150 | $100,499 |
| 2015 | $4,166 | $381,827 | $282,837 | $98,990 |
| 2014 | $4,134 | $374,348 | $277,297 | $97,051 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Lawrence
-
K
Buyer's Agent in 2019
Katherine Lourentzos
Katherine Lourentzos, Broker
-
A
Buyer's Agent in 2019
Aleksey Lazaryev
Map
Source: The MLS
MLS Number: 19-521662
APN: 5661-007-005
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