NOT LISTED FOR SALE

Estimated Value: $1,940,000 - $2,680,000

3 Beds
2 Baths
2,243 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $1,970,000 $878 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,920/month

40 Days on Market

Highlights

  • Room in yard for a pool
  • Spanish Architecture
  • No HOA
  • Wood Flooring
  • Park or Greenbelt View
  • Home Office

About This Home

As of August 2021

Great value! This beautiful, turn-key Spanish style Hancock Park-Wilshire area home intersects classic elegance with modern touches and is loaded with lots of charm. With 3 bedrooms and 2 baths, features include new hardwood flooring, a fully remodeled kitchen with stainless steel appliances, high ceilings with exposed beams and an open, spacious layout perfect for entertaining. The step-down oversized living room has large windows allowing for tons of natural light and the house also has a California basement for extra storage. Sitting on an enormous corner lot of over 8,250 square feet, the fully gated property is extremely private with full hedging. Additionally, there is a detached 2 car garage that can be accessed through the quiet neighborhood off 8th street. Joy is the best described feeling you get the minute you enter this immaculate property. Agents please read Private Remarks!

Last Agent to Sell the Property

Lenny Lerman

Keller Williams Beverly Hills License #01275406 Listed on: 06/04/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Lauren Yoon

Keller Williams Palos Verdes License #01305706

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,270

Year Built

  • Built in 1928

Lot Details

  • 8,255 Sq Ft Lot
  • Lot Dimensions are 57x154
  • Property is zoned LARS

Home Design

  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 2,243 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Recessed Lighting
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Storage
  • Laundry Room
  • Park or Greenbelt Views
  • Basement

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Side by Side Parking

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5507-029-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,270

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2243
  • Lot Acreage: 0.1895
  • Lot Dimensions: 57x154
  • Stories: 1
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Basement, Recessed Lighting, Storage Space, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Built-Ins
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Kitchen Island, Dining Area
  • Kitchen Features: Remodeled, Island, Galley Kitchen
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 878.29

Exterior Features

  • Other Structures: None
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Built-In Storage, Side By Side, Private Garage, Oversized, Garage Is Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5507-029-020
  • Lot Size Area: 8255

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2013
Closed on
May 3, 2013
Sold by
Kim Christine S
Bought by
Phillips Grant and Phillips Ella
Seller's Agent
Sandra Boeck
Coldwell Banker Realty
Buyer's Agent
Christopher Dalton
Fathom Realty Group Inc.
List Price
$1,195,000
Sold Price
$1,245,000
Premium/Discount to List
$50,000
4.18%
Current Estimated Value
$2,257,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,012,007
Avg. Annual Appreciation
4.91%
Original Mortgage
$871,500
Outstanding Balance
$588,601
Interest Rate
2.54%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,668,406

Purchase Details

Closed on
Feb 9, 2011
Sold by
Fava Anthony
Bought by
Cdl Investments Llc

Purchase Details

Closed on
Nov 4, 2005
Sold by
Mclaughlin Kathleen Adele
Bought by
Fava Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,200
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 9, 1999
Sold by
Jacobson Mark Harris
Bought by
Mclaughlin Kathleen Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 30, 1998
Sold by
Rutten Timothy
Bought by
Mclaughlin Kathleen Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.95%
Source: Public Records

Range of Values:

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Average Value
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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
Phillips Grant $1,245,000 Equity Title Los Angeles
Cdl Investments Llc $751,000 Fidelity National Title Co
Fava Anthony $1,099,000 Equity Title Company
Mclaughlin Kathleen Adele -- Commonwealth Title
Mclaughlin Kathleen Adele $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Grant $871,500
Previous Owner Fava Anthony $879,200
Previous Owner Mclaughlin Kathleen Adele $324,000
Previous Owner Mclaughlin Kathleen Adele $319,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $1,970,000 0.0% $878 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/14/2021 06/14/21 Price Changed $1,970,000 -10.3% $878 / Sq Ft
06/04/2021 06/04/21 For Sale $2,195,000 0.0% $979 / Sq Ft
08/19/2015 08/19/15 Rented $6,500 +8.4% --
08/04/2015 08/04/15 Price Changed $5,995 +9.0% $3 / Sq Ft
08/03/2015 08/03/15 For Rent $5,500 -8.3% --
05/15/2015 05/15/15 Rented $5,999 -7.7% --
05/04/2015 05/04/15 Under Contract -- -- --
03/26/2015 03/26/15 For Rent $6,500 +44.4% --
08/27/2014 08/27/14 Rented $4,500 -28.6% --
08/27/2014 08/27/14 Under Contract -- -- --
07/10/2014 07/10/14 For Rent $6,300 0.0% --
06/05/2013 06/05/13 Sold $1,245,000 +4.2% $555 / Sq Ft View Prior Sale
05/01/2013 05/01/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $1,195,000 -- $533 / 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 $25,270 $2,090,578 $1,455,658 $634,920
2024 $24,983 $2,049,587 $1,427,116 $622,471
2023 $24,499 $2,009,400 $1,399,134 $610,266
2022 $23,359 $1,970,000 $1,371,700 $598,300
2021 $17,105 $1,416,367 $854,145 $562,222
2020 $17,281 $1,401,845 $845,387 $556,458
2019 $16,596 $1,374,359 $828,811 $545,548
2018 $16,498 $1,347,411 $812,560 $534,851
2016 $15,784 $1,295,091 $781,008 $514,083
2015 $15,554 $1,275,638 $769,277 $506,361
2014 $15,604 $1,250,651 $754,208 $496,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-744852

The MLS

APN: 5507-029-020