NOT LISTED FOR SALE

Estimated Value: $1,601,357 - $1,870,000

2 Beds
2 Baths
2,302 Sq Ft
$754/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $1,625,000 $706 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,792/month

3 Days on Market

Highlights

  • Canyon View
  • Main Floor Bedroom
  • Den
  • Wood Flooring
  • No HOA
  • Hiking Trails

About This Home

As of July 2023

Welcome to 7257 Caverna Dr in the Hollywood Hills right off Mulholland Drive across from the famous Runyon Canyon. Upon stepping into this one of a kind home, you will see expansive views of the canyon through the many windows. This home has an abundance of natural light and spectacular views from every window. Recently, the home has been repainted, new hardwood floors have been installed along with new recessed lighting throughout. The exterior of home was painted in the last 3 years and a new water heater installed in the last 2 years. The spacious living room has a gas fireplace with windows on both sides that create a bright living area. The dining room off the kitchen leads to a balcony with room for a bbq and outdoor furniture. Get lost in views of the canyon while cooking dinner in the open style kitchen. Off the kitchen is a guest bedroom with an en-suite bathroom. Downstairs you will find the large primary bedroom which has a separate shower and tub as well as a walk-in closet. Wake up to gorgeous views in the primary bedroom with a sliding glass door that leads out to a small balcony. Off the primary is the second living area/ den with an extensive bookcase, perfect for an office or work area. Finally, the last flight of stairs lead down to a dedicated laundry area and 2 large additional storage closets. Built in 1961, this home has been updated throughout the years and kept up in beautiful condition. First time on market in over 40 years.

Last Agent to Sell the Property

Nicole Artinian

The Artinian Company, Inc. License #02024464 Listed on: 06/08/2023

Co-Listed By

Michelle Artinian

The Artinian Company, Inc. License #02055796

Last Buyer's Agent

Thomas Freedman Dell'Aria

Sunset Lending and Realty License #02193913

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 5,529 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned LAR1

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,302 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Recessed Lighting
  • Living Room with Fireplace
  • Den
  • Storage
  • Canyon Views

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 9451
  • Assessor Parcel Number 2428015002
  • $451 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

5,529 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, washer/dryer, stove
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2428015002
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2302.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Recessed Lighting, Storage, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 705.91
  • Room Type: Den, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • View: Canyon
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Stackable
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 5529.00
  • Lot Size Acres: 0.1269

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5529.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1437.00
  • Tax Lot: 83
  • Tax Tract Number: 9451
  • TaxOtherAnnualAssessmentAmount: 451.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 26, 2023
Sold by
Linda Joyce Steinman Revocable Trust
Bought by
Jafari Eamon
Seller's Agent
Nicole Artinian
The Artinian Company, Inc.
Buyer's Agent
Thomas Freedman Dell'Aria
Sunset Lending and Realty
List Price
$1,525,000
Sold Price
$1,625,000
Premium/Discount to List
$100,000
6.56%
Views
152
Current Estimated Value
$1,736,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,089
Avg. Annual Appreciation
2.47%
Original Mortgage
$1,300,000
Outstanding Balance
$1,262,313
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$473,776

Purchase Details

Closed on
Jun 22, 2005
Sold by
Steinman Linda and Steinman Linda Joyce
Bought by
Steinman Linda Joyce and The Linda Joyce Steinman Revoc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jafari Eamon $1,625,000 Chicago Title Company
Steinman Linda Joyce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jafari Eamon $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2023 07/05/23 Sold $1,625,000 +6.6% $706 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $1,525,000 -- $662 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,920 $1,657,500 $1,259,904 $397,596
2024 $19,920 $1,625,000 $1,235,200 $389,800
2023 $5,093 $395,892 $133,653 $262,239
2022 $4,893 $388,131 $131,033 $257,098
2021 $4,820 $380,521 $128,464 $252,057
2019 $4,613 $369,236 $124,654 $244,582
2018 $4,556 $361,997 $122,210 $239,787
2016 $4,304 $347,942 $117,465 $230,477
2015 $4,242 $342,717 $115,701 $227,016
2014 $4,263 $336,005 $113,435 $222,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23101151

California Regional Multiple Listing Service (CRMLS)

APN: 2428-015-002

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