NOT LISTED FOR SALE

Estimated Value: $2,994,442 - $4,503,000

5 Beds
5.5 Baths
4,200 Sq Ft
$914/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $3,050,000 $726 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $23,595/month

35 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Panoramic View
  • Queen Anne Place Elementary Rated 9+
  • Gourmet Kitchen
  • 2-minute walk to LA High Memorial Park

About This Home

As of May 2017

Brand new, classic designer Spanish dream residence in Hancock Park/Brookside. One-of-a-kind attention to detail and amenities featuring five en suite bedrooms, endless indoor/outdoor living space and direct access two car garage with fantastic arched Oak entrance. Enter and be dazzled by apx. 30 foot cathedral-vaulted ceilings, rich dark Hickory floors and graceful, high function floor plan. Feel the grand "Santa Barbara" ambience as you are effortlessly drawn through gourmet cook's kitchen featuring fantastic Quartz counters and single slab giant island. Move past stylish bar and comfy family area out to large indoor outdoor covered patio and down dual staircases to lawn and elegant pool. Two spacious and inviting patios upstairs for true Socal living. Top off your day and refresh with your favorite drink as you gaze over the sunset from your serene covered master terrace retreat with Peek-a-boo views of the Hollywood sign. Not to be missed.

Last Agent to Sell the Property

Erik Flexner

Compass License #01352476 Listed on: 03/03/2017

Compass

Last Buyer's Agent

Randy Wright

Christie's International Real Estate SoCal License #01410916

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,068

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 7,298 Sq Ft Lot
  • East Facing Home
  • Fenced Yard
  • Landscaped
  • Rectangular Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City
  • Trees
  • Peek-A-Boo
  • Mountain
  • Pool

Home Design

  • Spanish Architecture
  • Turnkey
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Smart Home
  • Alarm System

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5090-012-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,068

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 4200
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2017
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Bar, Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Home Automation System, Living Room Deck Attached, Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting, Storage Space, Turnkey, Wet Bar
  • Fireplace Rooms: Living Room, Master Retreat
  • Flooring: Wood
  • Appliances: Built-In And Free Standing
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Master Retreat
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Family Kitchen, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Counter Top, Gourmet Kitchen, Island, Open to Family Room, Pantry
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 713.10

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony, Custom Built, High Ceilings (9 Feet+), Sliding Glass Doors
  • Tennis Court Y/N: No
  • Patio: Covered, Deck(s), Living Room Deck Attached, Porch - Rear
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: City, Mountains, Panoramic, Peek-A-Boo, Pool, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5090-012-017
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced Yard, Front Yard, Landscaped, Lawn, Lot Shape-Rectangular, Walk Street
  • Lot Size Area: 7298

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2019
Sold by
Jeong Jaewook and Jeong Jae Wook
Bought by
Jeong Jaewook
Current Estimated Value
$3,838,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,210,000
Outstanding Balance
$2,007,198
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,830,913

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 20, 2017
Sold by
David Alon Ben
Bought by
Jeong Jae Wook
Seller's Agent
Erik Flexner
Compass
Buyer's Agent
Randy Wright
Christie's International Real Estate SoCal
List Price
$2,995,000
Sold Price
$3,050,000
Premium/Discount to List
$55,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$900,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 4, 2015
Sold by
Gammans Rebecca N
Bought by
David Alon Ben
Seller's Agent
Stephen Weir
Quality Properties
Buyer's Agent
Jay Brown
Compass
List Price
$1,198,000
Sold Price
$1,200,000
Premium/Discount to List
$2,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.74%
Original Mortgage
$708,400
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 24, 2015
Sold by
Bcsw Partners Llc
Bought by
David Alon Ben
Seller's Agent
Stephen Weir
Quality Properties
Buyer's Agent
Jay Brown
Compass
List Price
$1,198,000
Sold Price
$1,200,000
Premium/Discount to List
$2,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,400
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 24, 2014
Closed on
Mar 11, 2015
Sold by
Stockpile Property Ventures Llc
Bought by
Bcsw Partners Llc
Seller's Agent
Frank Liu
HomeSmart, Evergreen Realty
Buyer's Agent
Joan Weisman
Rose Realty Group
List Price
$1,250,000
Sold Price
$940,000
Premium/Discount to List
-$310,000
-24.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,400
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 24, 2014
Closed on
Mar 3, 2015
Sold by
Lu Christine
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Frank Liu
HomeSmart, Evergreen Realty
Buyer's Agent
Joan Weisman
Rose Realty Group
List Price
$1,250,000
Sold Price
$940,000
Premium/Discount to List
-$310,000
-24.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,400
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2014
Sold by
Liu Frank
Bought by
Liu Christine and Zhang Ting

Purchase Details

Closed on
May 14, 2013
Sold by
Liu Frank
Bought by
Liu Frank and Liu Christine

Purchase Details

Closed on
Dec 28, 2012
Sold by
Liu Frank
Bought by
Zhang Ting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2012
Sold by
Liu Frank
Bought by
Liu Frank and Zhang Ting

Purchase Details

Closed on
Jul 18, 2011
Sold by
Lum Frances and The Frances Lum Revocable Livi
Bought by
Lum Frances and The 2011 Frances Lum Revocable Living Tr

Purchase Details

Closed on
Mar 6, 2009
Sold by
Lum Frances and Thomas Tom
Bought by
Frances Lum Revocable Living Trust
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
Jeong Jaewook -- North American Title Company
Jeong Jae Wook $3,050,000 Equity Title Los Angeles
Jeong Jae Wook -- Equity Title Los Angeles
David Alon Ben -- Lawyers Title Company
David Alon Ben $1,200,000 Lawyers Title Company
Bcsw Partners Llc $970,000 Lawyers Title
Stockpile Property Ventures Llc $940,000 Old Republic Title Company
Liu Christine -- None Available
Liu Frank -- None Available
Zhang Ting -- Ticor Title
Liu Frank -- None Available
Liu Frank -- None Available
Lum Frances -- None Available
Frances Lum Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeong Jaewook $2,210,000
Closed Jeong Jae Wook $900,000
Previous Owner David Alon Ben $708,400
Previous Owner Bcsw Partners Llc $873,000
Previous Owner Zhang Ting $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2017 05/15/17 Sold $3,050,000 +1.8% $726 / Sq Ft
03/03/2017 03/03/17 For Sale $2,995,000 +149.6% $713 / Sq Ft
06/08/2015 06/08/15 Sold $1,200,000 +0.2% $741 / Sq Ft View Prior Sale
04/19/2015 04/19/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $1,198,000 +27.4% $740 / Sq Ft
03/20/2015 03/20/15 Sold $940,000 -18.3% $581 / Sq Ft View Prior Sale
03/05/2015 03/05/15 Pending -- -- --
01/04/2015 01/04/15 Price Changed $1,150,000 -8.0% $710 / Sq Ft
12/24/2014 12/24/14 For Sale $1,250,000 +33.0% $772 / Sq Ft
12/19/2014 12/19/14 Off Market $940,000 -- --
12/12/2014 12/12/14 Price Changed $1,250,000 -90.0% $772 / Sq Ft
12/12/2014 12/12/14 For Sale $12,500,000 0.0% $7,721 / Sq Ft
03/26/2012 03/26/12 Rented $2,900 -17.1% --
03/26/2012 03/26/12 Under Contract -- -- --
02/17/2012 02/17/12 For Rent $3,500 -- --
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 $42,068 $3,539,782 $2,321,170 $1,218,612
2024 $42,068 $3,470,375 $2,275,657 $1,194,718
2023 $41,246 $3,402,330 $2,231,037 $1,171,293
2022 $39,314 $3,335,619 $2,187,292 $1,148,327
2021 $38,835 $3,270,215 $2,144,404 $1,125,811
2019 $37,661 $3,173,220 $2,080,800 $1,092,420
2018 $37,498 $3,111,000 $2,040,000 $1,071,000
2016 $14,735 $1,218,300 $974,640 $243,660
2015 $992 $72,172 $35,681 $36,491
2014 -- $70,760 $34,983 $35,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-206814

The MLS

APN: 5090-012-017