NOT LISTED FOR SALE

Estimated Value: $1,141,000 - $2,146,610

3 Beds
2 Baths
1,842 Sq Ft
$840/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $1,345,000 $730 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,788/month

27 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • 0.36 Acre Lot
  • Mt. Washington Elementary Rated A-
  • Panoramic View
  • Wood Flooring

About This Home

As of August 2021

MAJOR FIXER! 850 Rome Drive is quite the enviable address, perched up high in Mt. Washington. You'll enjoy Ahhhhh-mazing views of DTLA and the mountains while living just one block from both Elyria Canyon and the coveted Mount Washington Elementary School, and oh so close to Moon Canyon and Heidelberg Park. This 15,552 square foot lot is the site of two structures, the first, built in 1941 and the second in 1958, as well as a pool shell, measuring 8 feet deep at its deepest. Take the plunge into your next project! This property will not qualify for financing. CASH offers only. This is a probate property with no court confirmation required.

Last Agent to Sell the Property

Aimee Benell

Coldwell Banker Realty License #01302788 Listed on: 06/21/2021

Coldwell Banker Realty

Last Buyer's Agent

Marcus McInerney

Reservoir Partners License #01848675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,124

Year Built

  • Built in 1958

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,842 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • In Ground Pool
  • Detached Guest House
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5464-011-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,124

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: MAJOR FIXER! 850 Rome Drive is quite the enviable address, perched up high in Mt. Washington. You'll enjoy Ahhhhh-mazing views of DTLA and the mountains while living just one block from both Elyria Canyon and the coveted Mount Washington Elementary School, and oh so close to Moon Canyon and Heidelberg Park. This 15,552 square foot lot is the site of two structures, the first, built in 1941 and the second in 1958, as well as a pool shell, measuring 8 feet deep at its deepest. Take the plunge into your next project! This property will not qualify for financing. CASH offers only. This is a probate property with no court confirmation required.
  • Living Area: 1842
  • Lot Acreage: 0.3570
  • Planned Urban Dev: 0
  • Probate: Yes
  • Property Condition: Fixer, Repairs Major
  • Year Built: 1958
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 542.35

Exterior Features

  • Other Features: Two On A Lot
  • Other Structures: Other
  • Guest House: Detached
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: City, City Lights, Panoramic, Mountains, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Water Heater: Water Heater Unit

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5464-011-014
  • Lot Description: Back Yard, Fenced, Front Yard, Single Lot
  • Lot Size Area: 15552

Rental Info

  • Court Approve: No
  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 14, 2021
Sold by
Papay Carol and Estate Of Diane Papay
Bought by
Bulbrook Andrew
Seller's Agent
Aimee Benell
Coldwell Banker Realty
Buyer's Agent
Marcus McInerney
Reservoir Partners
List Price
$999,000
Sold Price
$1,345,000
Premium/Discount to List
$346,000
34.63%
Current Estimated Value
$1,546,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,537
Avg. Annual Appreciation
3.02%
Original Mortgage
$1,796,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2003
Sold by
Borrero Stephanie
Bought by
Papay Diane

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
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1998
Sold by
Miyashiro Sharon Y
Bought by
Borrero Stephane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.06%
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
Bulbrook Andrew $1,345,000 Equity Title Los Angeles
Papay Diane $650,000 Southland Title Corporation
Borrero Stephane $250,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulbrook Andrew $2,691,500
Closed Bulbrook Andrew $1,796,000
Previous Owner Papay Diane $420,000
Previous Owner Borrero Stephan $50,000
Previous Owner Borrero Stephane $250,000
Previous Owner Borrero Stephane $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $1,345,000 +34.6% $730 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $999,000 -- $542 / 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 $17,124 $1,427,324 $1,140,798 $286,526
2024 $17,124 $1,399,338 $1,118,430 $280,908
2023 $16,791 $1,371,900 $1,096,500 $275,400
2022 $10,669 $887,102 $750,633 $136,469
2021 $10,537 $869,709 $735,915 $133,794
2020 $10,643 $860,793 $728,370 $132,423
2019 $10,223 $843,916 $714,089 $129,827
2018 $9,469 $768,000 $649,900 $118,100
2016 $8,619 $702,000 $594,000 $108,000
2015 $8,620 $702,000 $594,000 $108,000
2014 $8,036 $637,000 $539,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-751442

The MLS

APN: 5464-011-014