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529 Cashmere Terrace

529 Cashmere Terrace, Los Angeles, CA 90049
Property in Westwood
Sold Dec 27, 2018
$4,348,500
$2,500,000 by City National Bank
Mortgage Due Jan 01, 2049
Sold Aug 18, 2016
$1,575,000
$900,000 by Helican Texas Llc
Mortgage
529 Cashmere Terrace has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 529 Cashmere Terrace has 4,662 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 690 ft. The area measurement of the land has been determined as 10,312 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of gravel/rock. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 18, 2018 for $4,348,500. That's $932.75 per sqft. Prior to that sales transaction, the property was also sold in Jul 11, 2016 for $1,575,000. 529 Cashmere Terrace was last assessed in 2023. The total value of the property was assessed at $4,662,467. Specifically, the land the property is located on was valued at $2,719,639. While improvements on the property were assessed at a total of $1,942,828. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $53,850. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,312
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 690
  • Total Building Area: 4,662
  • Building Area: 4,662
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 4,662
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13745
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 13745 LOT/SEC 16

Ownership

  • Current Owner : COHEN AARON
  • Current Owner 2: COHEN STACIE
  • Previous Owner : 529 CASHMERE LLC
  • Owner Before Previous Owner: BARBAKOW DANIEL R
  • Owner Before Previous Owner 2: ESTATE OF JOHN POWELL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 265420

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 41-D1
  • Subdivision Tract Number: 13745
  • Parcel: 4366-033-011
  • Lot: 16
  • Municipality: WEST /BELAIR/HOLMBY H
  • Latitude: 34.0664
  • Longitude: -118.458

    Address

  • Full Address: 529 Cashmere Ter
  • Address - House Number: 529
  • Address - Street Name: Cashmere
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 3504
  • Zip Code: 90049

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $53,850
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 4,915,653
  • High Value: 6,041,607
  • Low Value: 3,789,700

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,475,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Dec 27, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049
  • Second Open Lien Mortgage Lender: CITY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jul 08, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $975,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 30, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,662,467
  • Assessed Land Value: $2,719,639
  • Assessed Improvements Value: $1,942,828

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2018
  • Current Sale Recording Date: Dec 27, 2018
  • Current Sale Transaction ID: 11555210876
  • Current Sale Price: $4,348,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1312262
  • Previous Sale Recording Date: Aug 18, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $1,575,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Dec 27, 2018
  • First Mortgage Loan Amount: $543,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: HELICAN TEXAS LLC
  • Previous Mortgage Transaction Date: Aug 18, 2016
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 529 Cashmere Terrace located in?
The 529 Cashmere Terrace is a located in the neighborhood of Westwood in West Los Angeles, Los Angeles.
What is the average sales price for listings in 529 Cashmere Terrace?
The average sales price for units in 529 Cashmere Terrace is $0 currently.

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