NOT LISTED FOR SALE

742 N Orange Dr Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $2,783,000 - $3,538,000

3 Beds
2.5 Baths
2,300 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $2,250,000 $978 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $19,709/month

10 Days on Market

Highlights

  • Heated In Ground Pool
  • Living Room with Fireplace
  • Direct Access Garage
  • Contemporary Architecture
  • Pool View
  • Built-In Features

About This Home

As of March 2016

Single story architectural located on a beautiful Sycamore lined street, conveniently situated adjacent to Hancock Park and Hollywood. Built in 2010, this home epitomizes the Californian lifestyle with walls of glass, open floor plan and true indoor/outdoor design. Clearstory windows create a halo of light and a backdrop of the sky and trees to many views from the interior. The incredible kitchen is the heart of this home centered between two seating areas, both of which open directly out to the pool via disappearing sliding glass doors. The master suite at the rear of the property is spacious and also has direct access to the pool deck. Two additional bedrooms are located at the front for great separation. The finishes are all neutral, accented with rich oak custom cabinetry, neutral stone and tile making this the perfect home for an art lover to display their collection. Technologically, this home is of the moment with industry leading Savant Home Automation System.

Last Agent to Sell the Property

Robert Grandinetti

Compass License #01370571 Listed on: 02/09/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,819

Year Built

  • Built in 1922

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring
  • Pool Views
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5524-014-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,819

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2300
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 978.26

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5524-014-004
  • Geocode Override: No
  • Lot Size Area: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Mar 2, 2016
Sold by
Savoy Christopher Thomas
Bought by
Gero Martin
Seller's Agent
Robert Grandinetti
Compass
Buyer's Agent
Heather T. Roy
Douglas Elliman
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$3,130,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$880,340
Avg. Annual Appreciation
3.52%
Original Mortgage
$1,687,500
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2010
Sold by
Powell Jeffrey R
Bought by
Savoy Christopher Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2008
Sold by
Madmon El and Madmon Lorraine
Bought by
Powell Jeffrey R

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
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Madmon El and Madmon Lorraine
Bought by
Madmon El

Purchase Details

Closed on
May 26, 1999
Sold by
Madmon Lorraine E
Bought by
Madmon El

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.84%
Mortgage Type
Stand Alone Second
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
Gero Martin $2,250,000 Progressive Title
Savoy Christopher Thomas $1,100,000 Equity Title Company
Powell Jeffrey R $674,090 Fidelity
Madmon El -- Fidelity
Madmon El -- --
Madmon El -- --
Madmon El -- Landsafe Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gero Martin $1,555,000
Closed Gero Martin $1,687,500
Previous Owner Savoy Christopher Thomas $657,000
Previous Owner Powell Jeffrey R $417,000
Previous Owner Madmon El $744,000
Previous Owner Madmon El $93,000
Previous Owner Madmon El H $100,000
Previous Owner Madmon El $50,000
Previous Owner Madmon El $561,000
Previous Owner Madmon El $105,000
Previous Owner Madmon El $385,000
Previous Owner Madmon El $340,000
Previous Owner Madmon El $289,250
Previous Owner Madmon El $224,250
Previous Owner Madmon El $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $2,250,000 0.0% $978 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $2,250,000 0.0% $978 / Sq Ft
03/21/2012 03/21/12 Rented $8,000 0.0% --
03/08/2012 03/08/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $8,000 -- --
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 $31,819 $2,663,536 $1,726,800 $936,736
2024 $31,819 $2,611,311 $1,692,942 $918,369
2023 $31,201 $2,560,110 $1,659,748 $900,362
2022 $29,745 $2,509,912 $1,627,204 $882,708
2021 $29,378 $2,460,699 $1,595,299 $865,400
2019 $28,494 $2,387,716 $1,547,983 $839,733
2018 $28,374 $2,340,899 $1,517,631 $823,268
2016 $14,425 $1,190,484 $952,388 $238,096
2015 $14,213 $1,172,603 $938,083 $234,520
2014 $14,258 $1,149,635 $919,708 $229,927
Source: Public Records

Agents Affiliated with this Home

  • Robert Grandinetti

    Seller's Agent in 2016

    Robert Grandinetti

    Compass

    (310) 497-6365

    4 in this area

    18 Total Sales

    Robert Grandinetti
    Section Image
  • Heather T. Roy

    Buyer's Agent in 2016

    Heather T. Roy

    Douglas Elliman

    (323) 445-0093

    2 in this area

    96 Total Sales

    Heather T. Roy
    Section Image
  • Eileen Garrison

    Buyer's Agent in 2012

    Eileen Garrison

    Keller Williams Los Angeles

    (310) 482-2046

    5 Total Sales

    Eileen Garrison
    Section Image
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Map

Source: The MLS

MLS Number: 16-980109

The MLS

APN: 5524-014-004

California Los Angeles County Los Angeles 90038 Hollywood

742 N Orange Dr, Los Angeles, CA

This home is located at 742 N Orange Dr, Los Angeles, CA 90038 since 09 February 2016 and is currently estimated at $3,130,340, approximately $1,361 per square foot. This property was built in 1922. 742 N Orange Dr is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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