NOT LISTED FOR SALE

Estimated Value: $2,484,000 - $2,828,376

3 Beds
5 Baths
2,969 Sq Ft
$902/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $1,100,000 $370 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $15,953/month

85 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Home Gym
  • Den with Fireplace
  • Modern Architecture
  • Built-In Features

About This Home

As of July 2012

Major Price Reduction! Wonderful Contemporary home with canyon and ocean views. Approximately 3,000 square feet. Living room with hardwood floors, fireplace and bar area, dining room and open kitchen. Large decks that wrap around the property overlooking gorgeous views. There are 3 bedrooms plus and office and gym. 2-Car garage. Gated. Best Sunset Strip location!

Last Agent to Sell the Property

Steve Frankel

Coldwell Banker Realty License #01195571 Listed on: 04/30/2012

Coldwell Banker Realty

Last Buyer's Agent

Steve Frankel

Coldwell Banker Residential Brokerage License #01195571

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,417

Year Built

  • Built in 1977

Lot Details

  • 7,267 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Property Views

  • City Lights
  • Canyon

Home Design

  • Modern Architecture

Interior Spaces

  • 2,969 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Home Gym
  • Oven or Range
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5558-010-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,417

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 2969
  • Stories: 3
  • Year Built: 1977
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Hardwood
  • Bedrooms: 3
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Built-Ins, Hood Fan, Range/Oven
  • Price Per S Q F T: 454.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5558-010-005
  • Lot Size Area: 7267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2013
Sold by
Draz Michael
Bought by
Draz Mamdouh Michael
Current Estimated Value
$2,676,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jun 22, 2012
Sold by
Davis William and Green Patricia K
Bought by
Draz Michael
Seller's Agent
Steve Frankel
Coldwell Banker Realty
Buyer's Agent
Steve Frankel
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,100,000
Premium/Discount to List
-$395,000
-26.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$770,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2012
Sold by
Davis William
Bought by
Davis William and Green Patricia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2003
Sold by
Davis William and Davis Margery D
Bought by
Davis William and Davis Margery D

Purchase Details

Closed on
Feb 17, 2003
Sold by
Davis William and Davis Margery D
Bought by
Davis William and Davis Margery D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,500
Interest Rate
5.93%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Draz Mamdouh Michael -- Stewart Title Of California
Draz Michael $1,100,000 Equity Title Los Angeles
Davis William -- None Available
Davis William -- None Available
Davis William -- --
Davis William -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draz Mamdouh Michael $2,000,000
Closed Draz Mamdouh Michael $620,000
Closed Draz Mamdouh Michael $300,000
Closed Draz Mamdoub Michael $1,500,000
Closed Draz Mamdouh Michael $1,170,000
Closed Draz Michael $195,114
Closed Draz Michael $770,000
Previous Owner Davis William $216,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $1,100,000 -18.5% $370 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
05/19/2012 05/19/12 Price Changed $1,350,000 -9.7% $455 / Sq Ft
04/30/2012 04/30/12 For Sale $1,495,000 -- $504 / 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 $16,417 $1,354,559 $880,466 $474,093
2024 $16,417 $1,328,000 $863,202 $464,798
2023 $17,107 $1,301,962 $846,277 $455,685
2022 $16,161 $1,276,434 $829,684 $446,750
2021 $15,191 $1,251,407 $813,416 $437,991
2019 $14,672 $1,214,291 $789,291 $425,000
2018 $14,602 $1,190,482 $773,815 $416,667
2016 $13,922 $1,144,257 $743,768 $400,489
2015 $13,719 $1,127,070 $732,596 $394,474
2014 $13,764 $1,104,993 $718,246 $386,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-597161

The MLS

APN: 5558-010-005