NOT LISTED FOR SALE

8723 Rangely Ave West Hollywood, CA 90048

Estimated Value: $2,177,000 - $2,795,000

2 Beds
2 Baths
1,068 Sq Ft
$2,352/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $2,085,000 $1,952 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $16,302/month

56 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Converted Garage
  • Living Room with Fireplace
  • No HOA
  • 5-minute walk to West Hollywood Park

About This Home

As of November 2019

Impeccably designed home with spacious front and back yards located on one of the most desirable streets in West Hollywood. This two bedroom, two bath single level property features an open floor plan, plenty of parking, and a converted garage that is perfect to use as an additional bedroom, studio, or workspace. The oversized living room is made for entertaining guests in front of a gorgeous fireplace while playing music through the home's built-in speakers. Enjoy al-fresco dining on the large patio located just off the kitchen that is complete with custom cabinetry, high-end stainless steel appliances, and wine cooler. All rooms feature high ceilings, recessed lighting, and brand new wide planked wood floors. 8723 Rangely offers immense privacy while situated in a Walker's Paradise. Moments from the Pacific Design Center and the best shopping and dining the city has to offer.

Last Listed By

Jennifer Okhovat

Compass License #01866951 Listed on: 08/07/2019

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,367

Year Built

  • Built in 1925

Lot Details

  • 4,856 Sq Ft Lot
  • Property is zoned WDR1B*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Converted Garage
  • Driveway
  • Automatic Gate

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4336-006-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,367

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Wood
  • Appliances: Built-Ins
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Driveway
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4336-006-025
  • Geocode Override: No
  • Lot Size Area: 4856

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Dec 13, 2019
Sold by
Cove Stefanie J
Bought by
Cove Stefanie Jay and Stefanie Jay Cove Living Trust
Seller's Agent
Jennifer Okhovat
Compass
Buyer's Agent
Pam Griffiths
Compass
List Price
$2,300,000
Sold Price
$2,085,000
Premium/Discount to List
-$215,000
-9.35%
Total Days on Market
56
Current Estimated Value
$2,512,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,137
Avg. Annual Appreciation
3.47%
Original Mortgage
$1,668,000
Interest Rate
3.6%

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 14, 2019
Sold by
8723 Rangely Properties Llc
Bought by
Cove Stefanie J
Seller's Agent
Jennifer Okhovat
Compass
Buyer's Agent
Pam Griffiths
Compass
List Price
$2,300,000
Sold Price
$2,085,000
Premium/Discount to List
-$215,000
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,668,000
Interest Rate
3.6%

Purchase Details

Listed on
Jan 9, 2014
Closed on
Dec 17, 2013
Sold by
Mpp 2010-3 Lp
Bought by
8723 Rangely Properties Llc
Seller's Agent
Kian Beroukhim
Kian Beroukhim
Buyer's Agent
Kian Beroukhim
Kian Beroukhim
Sold Price
$8,000

Purchase Details

Closed on
Mar 12, 2013
Sold by
Mission Property Partners Llc
Bought by
Mpp 2010-3 Lp

Purchase Details

Closed on
Oct 30, 2012
Sold by
Citibank Na
Bought by
Mission Property Partners Llc

Purchase Details

Closed on
Feb 13, 2012
Sold by
Benshian Sheri
Bought by
Citibank N A

Purchase Details

Closed on
Jun 8, 2006
Sold by
Benshian David
Bought by
Benshian Sheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 2006
Sold by
Benshian Touraj
Bought by
Benshian Sheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 8, 2004
Sold by
Rey Jacqueline
Bought by
Benshian Sheri

Purchase Details

Closed on
Dec 4, 2003
Sold by
Callen Richard
Bought by
Rey Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

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
Cove Stefanie Jay -- None Available
Cove Stefanie J $2,085,000 Fidelity National Title
8723 Rangely Properties Llc $1,230,000 Fidelity National Title Co
Mpp 2010-3 Lp -- Fidelity Ie
Mission Property Partners Llc $682,500 Servicelink
Citibank N A $780,000 Accommodation
Benshian Sheri -- Alliance Title Company
Benshian Sheri -- Accommodation
Benshian Sheri -- Accommodation
Rey Jacqueline $719,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cove Stefanie Jay $1,642,000
Closed Cove Stefanie Jay $1,657,900
Closed Cove Stefanie J $1,668,000
Previous Owner 8723 Rangely Properties Llc $738,000
Previous Owner Benshian Sheri $124,000
Previous Owner Benshian Sheri $1,000,000
Previous Owner Rey Jacqueline $120,000
Previous Owner Rey Jacqueline $1,000,000
Previous Owner Ray Jacqueline $162,500
Previous Owner Rey Jacqueline $575,000
Previous Owner Callen Richard $365,000
Previous Owner Callen Richard $345,000
Previous Owner Callen Richard $310,000
Closed Rey Jacqueline $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $2,085,000 -5.0% $1,952 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $2,195,000 -4.6% $2,055 / Sq Ft
08/07/2019 08/07/19 For Sale $2,300,000 0.0% $2,154 / Sq Ft
04/27/2016 04/27/16 Rented $5,800 -25.6% --
04/20/2016 04/20/16 For Rent $7,800 -2.5% --
01/27/2014 01/27/14 Rented $8,000 0.0% --
01/27/2014 01/27/14 Under Contract -- -- --
01/09/2014 01/09/14 For Rent $8,000 -- --
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
2024 $27,367 $2,235,537 $1,788,431 $447,106
2023 $26,848 $2,191,704 $1,753,364 $438,340
2022 $25,450 $2,148,731 $1,718,985 $429,746
2021 $25,187 $2,106,600 $1,685,280 $421,320
2020 $25,411 $2,085,000 $1,668,000 $417,000
2019 $16,341 $1,351,663 $1,081,332 $270,331
2018 $16,198 $1,325,161 $1,060,130 $265,031
2016 $15,533 $1,273,706 $1,018,965 $254,741
2015 $15,287 $1,254,575 $1,003,660 $250,915
2014 -- $1,230,000 $984,000 $246,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 19-497302

The MLS

APN: 4336-006-025