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8531 Hedges Way

8531 Hedges Way, West Hollywood, CA 90069
Sold Jul 10, 2013
$3,100,000
$2,680,000 by Boston Private Bank & Trust Co
Mortgage Due Apr 01, 2051
Sold Mar 22, 2013
$2,971,195
8531 Hedges Way has been categorized by the local assessors in West Hollywood, CA as a residential type of property. The building on the property was first built in 1936 and is 88 years old. However, we must point out that the home was most recently renovated and altered in 1945. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 8531 Hedges Way has 2,750 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 760 ft and across the front of the lot is 1,660 ft. The area measurement of the land has been determined as 12,557 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 D by the local assessor. The building has a flat style roof made of gravel/rock. The inside of the home is being cooled with central 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8531 Hedges Way was last sold in Jun 20, 2013 for $3,100,000. According to our calculations, that's $1,127.27 per sqft. Prior to that sales transaction, the property was sold for $2,971,195 in Mar 11, 2013. Current property owners are expected to pay $41,283 in taxes per year. The property on 8531 Hedges Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,564,231. To break that down further, the land itself was valued at $2,138,539. While improvements to the property were assessed at a total of $1,425,692. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,557
  • Lot Size Depth Feet: 760
  • Lot Size Frontage Feet: 1,660
  • Total Building Area: 2,750
  • Building Area: 2,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1
  • Land Acres: 0.288
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1O653 LOTS 13 AND LOT/SEC 14

Ownership

  • Current Owner : HEDGES FM REALTY LLC
  • Previous Owner : HEDGES WAY REALTY PARTNERS LP
  • Owner Before Previous Owner: HEDGES WAY INCORPORATED
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 700502

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 33-D3
  • Subdivision Tract Number: 1
  • Parcel: 5559-015-009
  • Lot: 13
  • Municipality: WEST /HOLLYWOOD HILS
  • Latitude: 34.0969
  • Longitude: -118.378

    Address

  • Full Address: 8531 Hedges Way
  • Address - House Number: 8531
  • Address - Street Name: Hedges
  • Address - Suffix Type: Way
  • State: CA
  • City Name: West Hollywood
  • Zip Code: 90069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,283
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 4,399,425
  • High Value: 5,383,702
  • Low Value: 3,415,149

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,680,000
  • First Open Lien Mortgage Lender: BOSTON PRIVATE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Loan Amount: $2,680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,564,231
  • Assessed Land Value: $2,138,539
  • Assessed Improvements Value: $1,425,692

    Sales

  • Current Sale Contract Date: Jun 20, 2013
  • Current Sale Recording Date: Jul 10, 2013
  • Current Sale Transaction ID: 1032796739
  • Current Sale Price: $3,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1010243
  • Previous Sale Recording Date: Mar 22, 2013
  • Previous Sale Contract Date: Mar 11, 2013
  • Previous Sale Amount: $2,971,195
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: INTERAUDI BANK
  • First Mortgage Transaction Date: Jul 10, 2013
  • First Mortgage Loan Amount: $2,336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 8531 Hedges Way located in?
The 8531 Hedges Way is a located in the neighborhood of Bel Air-Beverly Crest in West Los Angeles, West Hollywood.
What is the average sales price for listings in 8531 Hedges Way?
The average sales price for units in 8531 Hedges Way is $0 currently.

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