NOT LISTED FOR SALE

8712 Ashcroft Ave West Hollywood, CA 90048

Estimated Value: $2,474,000 - $2,942,000

2 Beds
3.5 Baths
1,607 Sq Ft
$1,711/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $1,900,000 $1,182 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $16,561/month

28 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Contemporary Architecture
  • Projection Room
  • Gourmet Kitchen
  • Family Room with Fireplace

About This Home

As of February 2018

Welcome to Shangri-la! Incredible value for this mini compound located in the heart of West Hollywood's cultural center of art, entertainment and design. Rustic front yard entry with majestic pine trees and fountain is hedged and gated for ultimate privacy. This entertainer's paradise with a flexible floor plan, sparkling pool/spa, and 1bd/1ba guest house has it all. Perfect for indoor/outdoor entertainment, as the family room and open cook's kitchen featuring Viking appliances including double oven and lots of counter space flows to the backyard pool and spa. Master bedroom has a large walk-in closet with built-in drawers; master bath with dual sinks, huge shower and separate sunken bathtub. Garage has been converted into a split-level hideaway; cabana/media room below, 3/4 bath, and bar area. Follow the spiral staircase outside to the secluded guest house above suffused with sunlight. Moments from world class hotels, shopping, dining and entertainment.

Last Agent to Sell the Property

kim schneider

Sotheby's International Realty License #01042916 Listed on: 01/29/2018

Sotheby's International Realty

Last Buyer's Agent

Janet Farzan

Janet Farzan License #01101247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,012

Year Built

  • Built in 1927

Lot Details

  • 5,073 Sq Ft Lot
  • Property is zoned WDR1B*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,607 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Projection Room
  • Home Theater
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Jack-and-Jill Bathroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Converted Garage
  • Tandem Parking
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Open Patio
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4336-003-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,012

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1607
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Fireplace Rooms: Family Room, Gas, Living Room
  • Flooring: Carpet, Hardwood, Travertine
  • Appliances: Double Oven
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Powder Room, Shower and Tub, Sunken Tub, Travertine
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Kitchen Features: Gourmet Kitchen, Skylight(s)
  • Laundry: In Kitchen, Inside
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1176.10
  • Windows: French Windows

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Patio Open
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway, Tandem
  • Total Parking: 3

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4336-003-012
  • Geocode Override: No
  • Lot Size Area: 5073

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Feb 14, 2018
Sold by
Berger Dorlan S
Bought by
Oleander Capital Group Lp
Seller's Agent
kim schneider
Sotheby's International Realty
Buyer's Agent
Janet Farzan
Janet Farzan
List Price
$1,890,000
Sold Price
$1,900,000
Premium/Discount to List
$10,000
0.53%
Current Estimated Value
$2,749,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$849,961
Avg. Annual Appreciation
4.94%
Original Mortgage
$860,000
Outstanding Balance
$728,342
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,021,619

Purchase Details

Closed on
Apr 4, 2011
Sold by
Delance Michael A
Bought by
Berger Dorian S

Purchase Details

Closed on
Feb 11, 2010
Sold by
Delance Michael A
Bought by
Delance Michael A and Michael & Sonya Delance Family Trust

Purchase Details

Closed on
Apr 10, 2009
Sold by
Delance Sonya
Bought by
Delance Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2007
Sold by
Delance Michael A
Bought by
Delance Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2006
Sold by
Crane Matt
Bought by
Delance Michael Angelo

Home Financials for this Owner

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

Purchase Details

Closed on
Mar 11, 2003
Sold by
Crane Matt
Bought by
Crane Matt and Christopher Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
5.82%

Purchase Details

Closed on
May 4, 1999
Sold by
Roach Douglas C
Bought by
Crane Matt and Christopher Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.62%
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
Oleander Capital Group Lp $1,900,000 Equity Title Los Angeles
Berger Dorian S $1,150,000 Lawyers Title
Delance Michael A -- None Available
Delance Michael A -- First American Title Ins Co
Delance Michael A -- Southland Title Company
Delance Michael Angelo $1,489,000 Chicago Title Insurance Co
Crane Matt -- Provident Title Company
Crane Matt $660,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleander Capital Group Lp $860,000
Previous Owner Delance Michael A $417,000
Previous Owner Delance Michael A $1,280,000
Previous Owner Delance Michael Angelo $1,000,000
Previous Owner Crane Matt $441,000
Previous Owner Crane Matt $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $1,900,000 +0.5% $1,182 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $1,890,000 -- $1,176 / 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 $26,012 $2,161,868 $1,729,497 $432,371
2024 $26,012 $2,119,480 $1,695,586 $423,894
2023 $25,518 $2,077,923 $1,662,340 $415,583
2022 $24,189 $2,037,181 $1,629,746 $407,435
2021 $23,936 $1,997,238 $1,597,791 $399,447
2019 $23,138 $1,938,000 $1,550,400 $387,600
2018 $15,870 $1,294,876 $901,686 $393,190
2016 $15,213 $1,244,596 $866,673 $377,923
2015 $14,972 $1,225,902 $853,655 $372,247
2014 $14,959 $1,201,890 $836,934 $364,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-305152

The MLS

APN: 4336-003-012