1724 N Fairfax Ave Los Angeles, CA 90046

$5,100,000 Sold Price as of 12/01/2016

4 Beds
5 Baths
4,566 Sq.Ft.

Off Market

$5,100,000 Sold Price as of 12/01/2016 Refinance Your Mortgage

Map preview of 1724 N Fairfax Ave, Los Angeles, CA 90046

Property Overview: 1724 N Fairfax Ave Los Angeles, CA has 4 bedrooms, 5 bathrooms, 4,566 living square feet and 9,092 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1724 N Fairfax Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $63,700. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1724 N Fairfax Ave

Last sold for $5,100,000 on December 1st, 2016

December, 2016
Dec 1, 2016

Date

Sold

CRMLS: 16155228

$5,100,000

Price
Nov 8, 2016

Date

Pending

CRMLS: 16155228

$5,200,000

Price
Oct 3, 2016

Date

Active Under Contract

CRMLS: 16155228

$5,200,000

Price
Sep 12, 2016

Date

Price Change

CRMLS: 16155228

$5,200,000

Price
Aug 21, 2016

Date

Price Change

CRMLS: 16155228

$5,750,000

Price
Listing provided courtesy of CRMLS

Taken down to the studs in April 2013, the sellers spared no expense in creating this exquisite home that was completed in Nov. 2015. The kitchen is equipped with a 4 burner Wolf range with griddle and grill, Wolf warming drawer, 48" Sub Zero, a Sub Zero beverage center in the island w/ Carrera counter. The liv. rm boasts coffered ceilings, an impressive fireplace and mantel, Fr. doors overlooking the front, and pocket doors that disappear into the wall leading out to the patio w/ a gas fireplace and 2 ceiling heaters. The fam rm on the lower level also feat pocket doors that open the room up to the saltwater pool & b/i BBQ w/ Viking grill. The guest house was built in 2005 w/ a Sub Zero, Ann Sacks tile & zinc counter. Other feat. include Trustile interior doors; Marvin windows & sliding screens on most windows; 10" white oak, hand sanded floors; security system with 6 cameras: Radio RA2; Sonos; closet under stairs wired for a wine cellar; Slate roof on GH, Truslate on main house.

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December, 2016
Dec 1, 2016

Date

Sold (Public Records)

Public Records

$5,100,000

Price
July, 2003
Jul 22, 2003

Date

Sold (Public Records)

Public Records

$1,105,000

Price

Tax History for 1724 N Fairfax Ave

Assessed Value (2020): $5,412,160

Year	Land Value	Improved Value	Assessed Value
2020	$3,788,512	$1,623,648	$5,412,160

About 1724 N Fairfax Ave

Detailed summary of property

1724 N Fairfax Ave is a single family home in Los Angeles, CA 90046 and last sold on December 1, 2016 for $5,100,000. This house has 4 bedrooms, 5 bathrooms, roughly 4,566 living square feet, and sits on an approximately 9,092 square foot lot. Homes in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 300.31% higher than the current median priced home. 1724 N Fairfax Ave was last sold on December 1, 2016 for $5,100,000. Local nearby listings include 1738 Nichols Canyon Rd, 1738 Nichols Canyon Rd and 8024 Woodland Ln. The average home in Los Angeles, CA is selling in 100 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. If you are the homeowner and looking to sell the home at 1724 N Fairfax Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1724 N Fairfax Ave

Public county record property details

Beds: 4
Baths: 5
Year built: 1923
Sq. Ft.: 4,566
Lot Size: 9,092
Stories: --

Type: Single Family Residential
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 1,2
APN: 5551-008-002

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,995,000

Median List Price/Sq.Ft.

$905

Median Sold Price

$1,450,000

Median Sold Price/Sq.Ft.

$903

Total Inventory

252

Median Sale to List Price %

96.67%

Avg Days on Market

Loan Type

Conventional (6.9%), FHA (0%), VA (0%), Cash (10.34%), Other (3.45%)

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