NOT LISTED FOR SALE

7523 Mulholland Dr Los Angeles, CA 90046

Hollywood Hills Neighborhood

Estimated Value: $1,801,000 - $2,984,000

3 Beds
3 Baths
2,500 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold November 19, 2012

Last sale price $1,640,000 $656 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $15,459/month

40 Days on Market

Highlights

  • Two Primary Bedrooms
  • 0.42 Acre Lot
  • Marble Flooring
  • City Lights View
  • Room in yard for a pool
  • Library

About This Home

As of November 2012

NEW PICTURE'S IN WEBSITE Frank Lloyd Wright meets..Hollywood.Rare opportunity to own a Hollywood home with the best Panoramic Views of the City including the Hollywood Sign and the landmark-Griffith Observatory.Perched above the Studios and the twinkling city lights,this very private property sits well off Mulholland Drive.There is a private road that leads to a 200' driveway.Complete house renovation with a modern, industrial flair,16' ceilings and a conventional and commercial style kitchen with Glass tile and concrete counters. Walls of windows,sliding glass doors and floor to ceiling glass maximize the forever 180 degree Views.There are two Master suite's that include bathrooms with Glass tiled walls, and Marble floors. The third room can be an office, workout room, artist studio or bedroom. In total there are 3 bed rooms and 3 Bath's.Cool, artistically designed concrete floors lead throughout to a raised deck with awesome views and a separate grassy area.Multi-million $ home area

Last Agent to Sell the Property

Cary Goldstone

House Network License #01257356 Listed on: 09/01/2012

Last Buyer's Agent

Carrie Eckert

Nourmand & Associates-HW License #01877376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,317

Year Built

  • Built in 1972

Lot Details

  • 0.42 Acre Lot
  • Property is zoned LARE15

Parking

  • 2 Carport Spaces

Home Design

  • Stucco

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Library
  • Center Hall
  • Dishwasher
  • Marble Flooring
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2427-005-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,317

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2500
  • Lot Acreage: 0.4200
  • Stories: 1
  • Year Built: 1972
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Marble
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Bedroom Features: 2 Master Bedrooms
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 655.60

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 2427-005-028
  • Lot Size Area: 19220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2012
Closed on
Oct 22, 2012
Sold by
Rd & Kd Properties Llc
Bought by
Hillcoat John and Borland Polly
Seller's Agent
Cary Goldstone
House Network
Buyer's Agent
Carrie Eckert
Nourmand & Associates-HW
List Price
$1,399,000
Sold Price
$1,640,000
Premium/Discount to List
$241,000
17.23%
Current Estimated Value
$2,566,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$926,416
Avg. Annual Appreciation
3.52%
Original Mortgage
$1,148,000
Outstanding Balance
$852,480
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$1,713,936

Purchase Details

Listed on
Oct 13, 2011
Closed on
Feb 2, 2012
Sold by
Rocamora Mary and Macminn Richard
Bought by
Rd & Kd Properties Llc
Seller's Agent
Reuben Pacheco
Compass
Buyer's Agent
Cary Goldstone
House Network
List Price
$675,000
Sold Price
$753,000
Premium/Discount to List
$78,000
11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
219.56%
Original Mortgage
$696,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2004
Sold by
Macminn Richard and Rocamora Mary
Bought by
Macminn Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2004
Sold by
Rocamora Mary
Bought by
Macminn Richard

Purchase Details

Closed on
Sep 18, 2002
Sold by
Macminn Richard and Rocamora Mary
Bought by
Macminn Richard

Purchase Details

Closed on
Apr 15, 1996
Sold by
Nationsbank Of Virginia Na
Bought by
Ge Capital Mtg Services Inc

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
7.97%

Purchase Details

Closed on
Mar 15, 1996
Sold by
Ge Capital Mtg Services Inc
Bought by
Macminn Richard and Rocamora Mary

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
7.97%

Purchase Details

Closed on
Nov 28, 1995
Sold by
Zimmerman Vernon L and Nationsbank Of Virginia Na
Bought by
Nationsbank Of Virginia Na

Purchase Details

Closed on
May 24, 1995
Sold by
Zimmerman Vernon L and Nationsbank Of Virginia Na
Bought by
Nationsbank Of Virginia Na
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
Hillcoat John $1,640,000 Lawyers Title
Rd & Kd Properties Llc $753,000 --
Macminn Richard -- First American Title Company
Macminn Richard -- --
Macminn Richard -- --
Ge Capital Mtg Services Inc -- Stewart Title
Macminn Richard $350,000 Stewart Title
Nationsbank Of Virginia Na $399,836 First Southwestern Title
Nationsbank Of Virginia Na $451,567 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillcoat John $1,148,000
Previous Owner Rd & Kd Properties Llc $696,000
Previous Owner Macminn Richard $1,260,000
Previous Owner Macminn Richard $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2012 11/19/12 Sold $1,640,000 +0.1% $656 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
10/07/2012 10/07/12 Price Changed $1,639,000 +17.2% $656 / Sq Ft
09/01/2012 09/01/12 For Sale $1,399,000 +85.8% $560 / Sq Ft
03/20/2012 03/20/12 Sold $753,000 +11.6% $327 / Sq Ft View Prior Sale
10/13/2011 10/13/11 For Sale $675,000 -- $293 / 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 $24,317 $2,019,532 $1,231,423 $788,109
2024 $24,317 $1,979,934 $1,207,278 $772,656
2023 $23,845 $1,941,112 $1,183,606 $757,506
2022 $22,761 $1,903,052 $1,160,399 $742,653
2021 $22,487 $1,865,739 $1,137,647 $728,092
2019 $21,748 $1,810,402 $1,103,904 $706,498
2018 $21,640 $1,774,905 $1,082,259 $692,646
2016 $20,667 $1,705,985 $1,040,235 $665,750
2015 $20,364 $1,680,360 $1,024,610 $655,750
2014 $20,429 $1,647,445 $1,004,540 $642,905
Source: Public Records

Agents Affiliated with this Home

  • Cary Goldstone

    Seller's Agent in 2012

    Cary Goldstone

    House Network

    (310) 821-7020

    8 Total Sales

    Cary Goldstone
    Section Image

  • R

    Seller's Agent in 2012

    Reuben Pacheco

    Compass

    Section Image

  • V

    Seller Co-Listing Agent in 2012

    Valerie Finlayson

    Compass

    Section Image
  • Carrie Eckert

    Buyer's Agent in 2012

    Carrie Eckert

    Nourmand & Associates-HW

    (323) 697-1487

    5 Total Sales

    Carrie Eckert
    Section Image
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Map

Source: The MLS

MLS Number: 12-622073

The MLS

APN: 2427-005-028

California Los Angeles County Los Angeles 90046 Hollywood Hills

7523 Mulholland Dr, Los Angeles, CA

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