NOT LISTED FOR SALE

938 Palm Ave Unit 5 West Hollywood, CA 90069

Estimated Value: $728,000 - $1,276,000

3 Beds
2 Baths
1,236 Sq Ft
$440/mo HOA Fee

Last Sold June 23, 2017

Last sale price $685,000 $554 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,231/month

6 Days on Market

Highlights

  • In Ground Pool
  • Automatic Gate
  • 11,837 Sq Ft lot
  • West Hollywood Elementary School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of June 2017

This spacious remodeled large 3 bedroom 2 bath plus office (or convert to a large closet) has it all! Freshly painted with Smooth Ceilings, Crown Moldings, hardwood floors & Recessed Lights. Upgrades include Granite Counters, Stainless Steel Appliances, Finished Closets, wall AC units and 2 side by side Parking Spaces with storage cabinet above. Building amenities include Pool and BBQ area. Low HOA complete this picture. Amazing location close to Bars, Restaurants, Clubs, Pacific Design Center, Beverly Hills and the Sunset Strip. Just staged and Priced to sell. Lowest Price 3 bedroom condo in West Hollywood!

Last Agent to Sell the Property

Stephen Spezzano

Keller Williams Hollywood Hills License #01337653 Listed on: 05/16/2017

Keller Williams Hollywood Hills

Last Buyer's Agent

Cindi Brodack

License #01989104

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,569

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • North Facing Home
  • Gated Home

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Spa Bath

Home Security

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Controlled Entrance

Pool

  • In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4339-009-053

Community Details

Overview

  • Association fees include insurance, trash, water and sewer paid
  • 12 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,569

Year Built

Built in 1963 | Remodeled

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 938 Palm HOA
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 1236
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 549.35

Exterior Features

  • Balcony: none
  • Direction Faces: North
  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Door Opener, Garage Is Attached, Gated Underground, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Wall Electric
  • Security: Automatic Gate, Gated, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Controlled Access, Extra Storage, Gated Community, Gated Parking, Hot Water, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance, Trash, Water and Sewer Paid
  • HOA Fees: 440.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4339-009-053
  • Geocode Override: No
  • Lot Size Area: 11837

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
May 24, 2017
Sold by
Anthony Gerald and Anthony Amy
Bought by
Rivera Andre and Brady Kevin
Seller's Agent
Stephen Spezzano
Keller Williams Hollywood Hills
Buyer's Agent
Cindi Brodack
List Price
$679,000
Sold Price
$685,000
Premium/Discount to List
$6,000
0.88%
Current Estimated Value
$952,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,344
Avg. Annual Appreciation
4.03%
Original Mortgage
$616,500
Outstanding Balance
$511,991
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$440,353

Purchase Details

Closed on
Oct 21, 2004
Sold by
Favelo Maria
Bought by
Favelo Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Friedman Daniel P
Bought by
Bochicchio Stephen J and Hayter Rhonda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2001
Sold by
Mendoza John Anthony
Bought by
Friedman Daniel P

Purchase Details

Closed on
Aug 14, 2000
Sold by
Friedman Daniel P
Bought by
Friedman Daniel P and Mendoza John Anthony

Purchase Details

Closed on
Jun 2, 2000
Sold by
Friedman Daniel P
Bought by
Mendoza John Anthony

Purchase Details

Closed on
Jul 27, 1998
Sold by
Dysarz Thomas J and Dysarz Marion D
Bought by
Friedman Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Interest Rate
10.5%

Purchase Details

Closed on
Feb 25, 1998
Sold by
Pierre Leon and Pierre Jean
Bought by
Dysarz Thomas J and Dysarz Marion D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.25%
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
Rivera Andre $685,000 Fatcola
Favelo Pedro -- --
Bochicchio Stephen -- --
Bochicchio Stephen J -- First American Title Company
Friedman Daniel P -- --
Friedman Daniel P -- --
Mendoza John Anthony -- --
Friedman Daniel P $201,000 Commonwealth Land Title
Dysarz Thomas J $156,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Andre $616,500
Previous Owner Bochicchio Stephen J $364,800
Previous Owner Friedman Daniel P $180,900
Previous Owner Dysarz Thomas J $100,000
Closed Bochicchio Stephen J $68,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $685,000 +0.9% $554 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $679,000 0.0% $549 / Sq Ft
10/04/2013 10/04/13 Rented $3,000 +0.2% --
10/02/2013 10/02/13 Under Contract -- -- --
09/30/2013 09/30/13 For Rent $2,995 -- --
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 $9,569 $794,994 $614,641 $180,353
2024 $9,569 $779,407 $602,590 $176,817
2023 $9,406 $764,125 $590,775 $173,350
2022 $8,932 $749,143 $579,192 $169,951
2021 $8,865 $734,455 $567,836 $166,619
2019 $8,573 $712,673 $550,995 $161,678
2018 $8,506 $698,700 $540,192 $158,508
2016 $8,347 $681,762 $545,413 $136,349
2015 $7,463 $607,200 $486,000 $121,200
2014 $6,768 $537,000 $429,800 $107,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-231186

The MLS

APN: 4339-009-053