NOT LISTED FOR SALE

8046 Fareholm Dr Los Angeles, CA 90046

Hollywood Hills West Neighborhood

Estimated Value: $1,878,000 - $2,028,000

2 Beds
1 Bath
1,619 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $1,388,000 $857 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $12,422/month

11 Days on Market

Highlights

  • Art Studio
  • French Country Architecture
  • Wood Flooring
  • Canyon View
  • Living Room with Fireplace
  • No HOA

About This Home

As of August 2017

This charming 2 bedroom 1 bath Hollywood oasis sits on a beautiful newly landscaped lot that overlooks the city. Centrally located in the Hollywood Hills, this ecletic house has been home to many artist and creative people, providing them with inspiring views and seclusion. The owners have worked to maintain its originality and charm by refinishing the hardwood floors and custom interior paint. Adding to its quaintness are the original fireplace, that was built in 1925, and its French doors that open up to the deck. This home boasts a lot of natural light and exudes tranquility. Below the deck there is a detached studio that has been used by previous owners to create music and art, but it can also be used as a home office. The deck has been entirely redone to entertain guests and host dinners at sunset.

Last Agent to Sell the Property

Mary Ruiz

Douglas Elliman License #02010146 Listed on: 06/19/2017

Co-Listed By

Michael Scott

Nest Seekers License #02020261

Last Buyer's Agent

Heather T. Roy

Douglas Elliman License #01398002

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,372

Year Built

  • Built in 1925

Lot Details

  • 4,825 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Detached Garage

Home Design

  • French Country Architecture

Interior Spaces

  • 1,619 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Art Studio
  • Wood Flooring
  • Canyon Views
  • Alarm System
  • Laundry Located Outside
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5551-001-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,372

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country French
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1619
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 864.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Garage - 1 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Natural Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5551-001-004
  • Geocode Override: No
  • Lot Size Area: 4825

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Do Viet X and The Alice Gleason Trust
Bought by
Skarsten Rachel
Current Estimated Value
$1,968,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$630,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,337,556

Purchase Details

Closed on
Sep 1, 2021
Sold by
Skarsten Rachel
Bought by
Do Viet X and The Alice Gleason Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$630,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,337,556

Purchase Details

Closed on
Mar 16, 2018
Sold by
Skarsten Rachel
Bought by
Do Viet X and The Alice Gleason Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 11, 2017
Sold by
Taylor Louise
Bought by
Skarsten Rachel
Seller's Agent
Mary Ruiz
Douglas Elliman
Buyer's Agent
Heather T. Roy
Douglas Elliman
List Price
$1,400,000
Sold Price
$1,388,000
Premium/Discount to List
-$12,000
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$810,000
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2017
Sold by
Bates Britt
Bought by
Taylor Lou M and John Johnson Trust

Purchase Details

Closed on
Sep 13, 2007
Sold by
Alexander Karen
Bought by
Johnstad Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,099,230
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2007
Sold by
Johnstad Kurt
Bought by
Bates Britt and John Johnson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,099,230
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2003
Sold by
Russo Rene and Paris Rene
Bought by
Johnstad Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Skarsten Rachel -- Orange Coast Title Company
Do Viet X -- Orange Coast Title
Skarsten Rachel -- Orange Coast Title
Do Viet X -- Stewart Title
Skarsten Rachel $1,388,000 Chicago Title Company
Taylor Lou M -- None Available
Johnstad Kurt -- Equity Title Company
Bates Britt $1,100,000 Equity Title Company
Johnstad Kurt $505,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skarsten Rachel $690,000
Previous Owner Do Viet X $810,000
Previous Owner Skarsten Rachel $810,000
Previous Owner Bates Britt $1,099,230
Previous Owner Johnstad Kurt $150,000
Previous Owner Johnstad Kurt $435,000
Previous Owner Johnstad Kurt $353,500
Closed Johnstad Kurt $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $1,388,000 -0.9% $857 / Sq Ft
06/19/2017 06/19/17 For Sale $1,400,000 -- $865 / 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 $20,372 $1,706,738 $1,194,718 $512,020
2024 $20,372 $1,673,274 $1,171,293 $501,981
2023 $19,978 $1,640,466 $1,148,327 $492,139
2022 $19,070 $1,608,301 $1,125,811 $482,490
2021 $18,840 $1,576,767 $1,103,737 $473,030
2019 $18,206 $1,530,000 $1,071,000 $459,000
2018 $16,831 $1,388,000 $1,110,400 $277,600
2016 $14,634 $1,220,534 $976,429 $244,105
2015 $12,794 $1,066,000 $853,300 $212,700
2014 $13,089 $1,066,000 $853,300 $212,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Ruiz

    Douglas Elliman

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Michael Scott

    Nest Seekers

  • Heather T. Roy

    Buyer's Agent in 2017

    Heather T. Roy

    Douglas Elliman

    (323) 445-0093

    10 in this area

    96 Total Sales

    Heather T. Roy
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-243134

The MLS

APN: 5551-001-004

California Los Angeles County Los Angeles 90046 Hollywood Hills West

8046 Fareholm Dr, Los Angeles, CA

This home is located at 8046 Fareholm Dr, Los Angeles, CA 90046 since 19 June 2017 and is currently estimated at $1,968,135, approximately $1,215 per square foot. This property was built in 1925. 8046 Fareholm Dr is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes