NOT LISTED FOR SALE

Estimated Value: $1,759,000 - $2,221,000

3 Beds
3.5 Baths
2,070 Sq Ft
$976/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $2,100,000 $1,014 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $12,122/month

47 Days on Market

Highlights

  • Home Theater
  • Gourmet Kitchen
  • Dual Staircase
  • Wonderland Avenue Elementary Rated A
  • Canyon View
  • Property Near a Canyon

About This Home

As of May 2024

Surround yourself in a piece of Laurel Canyon history - Lookout Mountain Ave. This gated, former celebrity-owned 3 BR, 3.5 BA Spanish 1926 home offers the perfect blend of carefully preserved period features and today's modern amenities. The home is 3 stories, with the main level having a dramatic 2-story living room window overlooking the front of the property. The main level also features a separate dining room & a true chef's kitchen, with 6-burner and griddle Thermador stove & refrigerator, wine fridge, & travertine countertops. A powder room & dining patio with fountain completes the main level. The upper level features a distinct library wall overlooking the main level & two bedrooms, including the primary suite & dream bathroom with Carrera marble, Waterworks fixtures, a soaking tub & a walk-in shower. The lower-level BR+BA is ideal for a home office, gym, yoga studio, or family room, with French doors that open onto an inviting patio that is perfect for outdoor gatherings. Unlike many homes in the Canyon, there is a 2-car garage & plenty off-street parking on the motor court, behind the automatic driveway gate. Upgrades include tankless water heater & new air conditioning. Close proximity to popular Pace restaurant, colorful Canyon Country Store, & Sunset Strip. Walk to the award-winning Wonderland School.

Last Agent to Sell the Property

Craig Nadeau

Sotheby's International Realty License #01916063 Listed on: 02/23/2024

Last Buyer's Agent

Gwen Banta

Sotheby's International Realty License #01362887

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,345

Year Built

  • Built in 1926

Lot Details

  • 8,328 Sq Ft Lot
  • Lot Dimensions are 138x60
  • Property Near a Canyon
  • South Facing Home
  • Gated Home
  • Back and Front Yard
  • Property is zoned LARE15

Home Design

  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 2,070 Sq Ft Home
  • 4-Story Property
  • Dual Staircase
  • Cathedral Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Center Hall
  • Wood Flooring
  • Canyon Views

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Converted Garage
  • Covered Parking
  • Side by Side Parking
  • Auto Driveway Gate
  • Driveway

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5565-014-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,345

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 2070
  • Lot Acreage: 0.1912
  • Lot Dimensions: 138x60
  • Probate: No
  • Stories: 4
  • Year Built: 1926
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Cathedral-Vaulted Ceilings, Recessed Lighting, High Ceilings (9 Feet+), Laundry - Closet Stacked, Turnkey, Two Story Ceilings
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Built-In Gas, Cooktop - Gas, Double Oven, Oven-Gas, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters, Gourmet Kitchen, Pantry, Remodeled
  • Laundry: In Kitchen
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Garbage Disposal, Freezer, Dryer, Dishwasher, Microwave, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1062.32

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Covered Parking, Driveway Gate, Driveway - Pavers, Side By Side, Auto Driveway Gate
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Gated, Prewired for alarm system, Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5565-014-047
  • Lot Description: Automatic Gate, Back Yard, Front Yard, Fenced, Street Paved
  • Lot Location: Canyon
  • Lot Size Area: 8328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 25, 2024
Sold by
Foley Family Trust and Foley Patrick James
Bought by
Violet Palazzo Llc
Seller's Agent
Craig Nadeau
Sotheby's International Realty
Buyer's Agent
Gwen Banta
Sotheby's International Realty
List Price
$2,199,000
Sold Price
$2,100,000
Premium/Discount to List
-$99,000
-4.5%
Views
162
Current Estimated Value
$2,019,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,484
Avg. Annual Appreciation
-2.70%

Purchase Details

Closed on
Aug 3, 2023
Sold by
Foley Patrick James and Foley Ray
Bought by
Foley Family Trust and Foley

Purchase Details

Closed on
Aug 27, 2019
Sold by
Foley Patrick James
Bought by
Foley Patrick James and Foley Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jul 14, 2014
Closed on
Aug 8, 2014
Sold by
Wilmington Trust National Association
Bought by
Foley Patrick James
Seller's Agent
raini ayaz
Equity Union
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$1,100,000
Sold Price
$1,115,000
Premium/Discount to List
$15,000
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$892,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2014
Sold by
Cooper Timothy D and Mcewan Brent
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Mar 11, 2008
Sold by
Cooper Timothy D
Bought by
Mcewan Brent

Purchase Details

Closed on
Jul 31, 2000
Sold by
Cooper Timothy D
Bought by
Cooper Timothy D and Mcewan Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 19, 2000
Sold by
Walter Lisa Ann
Bought by
Cooper Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 30, 1997
Sold by
Lourd Bryan
Bought by
Walter Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.95%

Purchase Details

Closed on
Jun 11, 1997
Sold by
Baum Sam
Bought by
Walter Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.95%
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
Violet Palazzo Llc $2,100,000 Equity Title - Los Angeles
Foley Family Trust -- None Listed On Document
Foley Patrick James -- Title 365
Foley Patrick James $1,115,000 First American Title Company
Wilmington Trust National Association $1,001,212 None Available
Mcewan Brent -- None Available
Cooper Timothy D -- Investors Title Company
Cooper Timothy D -- Investors Title Company
Walter Lisa Ann $550,000 Investors Title Company
Walter Lisa Ann -- Investors Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foley Patrick James $387,500
Previous Owner Foley Patrick James $118,000
Previous Owner Foley Patrick James $50,000
Previous Owner Foley Patrick James $900,000
Previous Owner Foley Patrick James $892,000
Previous Owner Cooper Timothy D $970,000
Previous Owner Cooper Timothy D $200,000
Previous Owner Cooper Timothy D $700,000
Previous Owner Cooper Timothy D $290,000
Previous Owner Mcewan Brent $230,500
Previous Owner Mcewan Brent $185,000
Previous Owner Mcewen Brent $85,000
Previous Owner Cooper Timothy D $750,000
Previous Owner Walter Lisa Ann $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $2,100,000 -4.5% $1,014 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $2,199,000 0.0% $1,062 / Sq Ft
06/11/2021 06/11/21 Rented $8,500 +6.9% --
05/24/2021 05/24/21 For Rent $7,950 -0.6% --
04/21/2021 04/21/21 Rented $8,000 +0.6% --
03/25/2021 03/25/21 Price Changed $7,950 -9.7% $4 / Sq Ft
03/02/2021 03/02/21 Price Changed $8,800 -4.3% $4 / Sq Ft
02/17/2021 02/17/21 For Rent $9,200 0.0% --
09/05/2014 09/05/14 Sold $1,115,000 +1.4% $539 / Sq Ft
07/14/2014 07/14/14 For Sale $1,100,000 -- $531 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
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 $16,345 $2,142,000 $1,741,242 $400,758
2024 $16,345 $1,327,398 $824,795 $502,603
2023 $16,033 $1,301,372 $808,623 $492,749
2022 $15,317 $1,275,856 $792,768 $483,088
2021 $15,128 $1,250,840 $777,224 $473,616
2019 $14,610 $1,213,741 $754,172 $459,569
2018 $14,552 $1,189,943 $739,385 $450,558
2016 $13,746 $1,132,003 $710,675 $421,328
2015 $13,545 $1,115,000 $700,000 $415,000
2014 $11,236 $900,000 $750,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-355731

The MLS

APN: 5565-014-047