NOT LISTED FOR SALE

Estimated Value: $4,600,474 - $5,363,000

5 Beds
4 Baths
4,090 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold November 11, 2021

Last sale price $4,250,000 $1,039 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $32,816/month

36 Days on Market

Highlights

  • Art Studio
  • Wine Cellar
  • Primary Bedroom Suite
  • Third Street Elementary School Rated A
  • Private Pool
  • View of Trees or Woods

About This Home

As of November 2021

Elegant and classic Hancock Park home with the center hall design, exquisitely enhanced in 2019 with new kitchen, bathrooms and salt water pool. This sun drenched open floorplan features a spacious living, family and formal dining room with hand designed wallpapers. The sophisticated kitchen opens to the family room and includes a marble entertaining island, Ocean tile, quarter sewn cabinets and FLOS and Fontana Arte light fixtures.
In addition to the entertaining areas on the first level, there is another bedroom and bath, beautifully upgraded - the bedroom is currently being used as an exercise room.

Upstairs are four spacious bedrooms and three bathrooms, remodeled with new cabinetry, fixtures and custom lighting. Truly a spa experience, the scrumptious primary suite includes Bain ultra bathtub with light therapy and massaging bubbles (Champagne provided!), Robern glass cabinets and heated toilet seat and bidet.

Overlooking the backyard is an entertaining deck with BBQ, pizza oven, refrigerator plus sunshade and an oversized salt water pool with elevated fountain and hot tub, intimate gathering areas around the pool, and private garden tucked behind the garage. In addition to the two car garage there is an incredible car turntable making entering and exiting so fun. Solar system included with Tesla batteries.

Last Listed By

Jane Sager

Estate Properties License #01001004 Listed on: 09/13/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,872

Year Built

  • Built in 1924

Lot Details

  • 0.28 Acre Lot
  • Rectangular Lot
  • Garden
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 4,090 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Art Studio
  • Home Gym
  • Views of Woods
  • Laundry Room
  • Basement

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • 4 Full Bathrooms
  • Bathtub

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 61
  • Tax Tract Number 6388
  • Assessor Parcel Number 5507014018

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,872

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5507014018
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4090.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1039.12
  • Room Type: Art Studio, Basement, Dressing Area, Exercise Room, Family Room, Formal Entry, Foyer, Great Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Two Masters, Walk-In Closet, Wine Cellar
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • View: Trees/Woods
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 12256.00
  • Lot Size Acres: 0.2814

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12256.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2110.00
  • Tax Lot: 61
  • Tax Tract Number: 6388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 6, 2021
Sold by
David Richard D and David Julie K
Bought by
Backer Simon and Backer Dalya
Seller's Agent
Jane Sager
Estate Properties
Buyer's Agent
Nechama Jacobs
The Bienstock Group
List Price
$4,499,999
Sold Price
$4,250,000
Premium/Discount to List
-$249,999
-5.56%
Total Days on Market
36
Current Estimated Value
$5,084,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$834,869
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Dec 27, 2018
Sold by
David Richard D and David Julie K
Bought by
The Richard And Julie David Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 25, 2016
Closed on
Jun 11, 2016
Sold by
Chung Mi Young
Bought by
David Richard D and Hickson Julie K
Seller's Agent
Sheri Bienstock
The Bienstock Group
Buyer's Agent
Jane Sager
List Price
$2,750,000
Sold Price
$3,100,000
Premium/Discount to List
$350,000
12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$2,480,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2008
Sold by
Yarkoni Barry N and Yarkoni Nancy J F
Bought by
Chung Mi Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

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
Backer Simon $4,250,000 Consumers Title Company
The Richard And Julie David Family Trust -- None Available
David Richard D -- None Available
David Richard D $3,100,000 Provident Title Company
Chung Mi Young $2,000,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner David Richard D $2,215,000
Previous Owner David Richard D $250,000
Previous Owner David Richard D $2,480,000
Previous Owner Chung Mi Young $1,400,000
Previous Owner Yarkoni Barry N $500,000
Previous Owner Yarkoni Barry N $100,000
Previous Owner Yarkoni Barry N $200,000
Previous Owner Yarkoni Barry N $1,100,000
Previous Owner Yarkoni Barry N $400,000
Previous Owner Yarkoni Barry N $100,000
Previous Owner Yarkoni Barry N $16,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2021 11/11/21 Sold $4,250,000 -5.6% $1,039 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $4,499,999 +45.2% $1,100 / Sq Ft
07/12/2016 07/12/16 Sold $3,100,000 +12.7% $847 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $2,750,000 -- $752 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $53,872 $4,421,700 $3,537,360 $884,340
2023 $52,812 $4,335,000 $3,468,000 $867,000
2022 $50,328 $4,250,000 $3,400,000 $850,000
2021 $41,459 $3,470,989 $2,659,060 $811,929
2020 $41,886 $3,435,399 $2,631,795 $803,604
2019 $40,201 $3,368,040 $2,580,192 $787,848
2018 $38,341 $3,162,000 $2,529,600 $632,400
2016 $26,905 $2,219,160 $1,664,371 $554,789
2015 $26,509 $2,185,827 $1,639,371 $546,456
2014 $21,938 $1,762,000 $1,321,000 $441,000
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21197663

California Regional Multiple Listing Service (CRMLS)

APN: 5507-014-018