NOT LISTED FOR SALE

Estimated Value: $1,680,000 - $2,002,000

4 Beds
2 Baths
1,941 Sq Ft
$962/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $996,000 $513 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $11,128/month

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Central Heating and Cooling System
  • Ceiling Fan
  • Carthay Center Elementary School Rated 9+

About This Home

As of September 2013

CHARMING DUPLEX GEM located in sought after Carthay Square neighborhood. It is beautifully situated on a well-maintained residential street among many remodeled & restored character homes. This duplex features two 2 Bedroom/1 Bathroom units finished remarkably and both units will be delivered vacant. Once passing through the mature ficus hedge surrounding the duplex, instantly entering the property exudes a home feeling with exquisite landscaped yards throughout. Each unit features hardwood floors, base molding details, and large windows with vast sun exposure. The front unit is presented with lush grassy area from the extra large window in the living room while the rear unit has AC and a private yard with a deck-Great for Entertaining. A double car garage is conveniently situated on the back side of the duplex for private entry. Centrally located to Culver City, Beverly Hills, & Miracle Mile. A Great Price, Perfect Location, & A Must See! - Income Scheduled.

Last Agent to Sell the Property

Danny Mahelka

Coldwell Banker Realty License #01170359 Listed on: 07/17/2013

Coldwell Banker Realty

Last Buyer's Agent

David Swatt

Coldwell Banker Realty License #01906804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,704

Year Built

  • Built in 1948

Lot Details

  • 5,492

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Ceiling Fan
  • 5,492 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5087-025-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,704

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Microwave, Range/Oven

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking, Detached, Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Value: 366217
  • Assessed Land Value: 599267
  • Assessor Parcel Number: 5087-025-024
  • Geocode Override: No
  • Lot Size Area: 5492

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.64
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Swatt Bryan Victor
Bought by
Bryan Victor Swatt Separate Property Trust and Swatt
Current Estimated Value
$1,867,834

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 16, 2013
Sold by
Greenspan Geoff
Bought by
Swwatt Bryan Victor
Seller's Agent
Danny Mahelka
Coldwell Banker Realty
Buyer's Agent
David Swatt
Coldwell Banker Realty
List Price
$949,000
Sold Price
$996,000
Premium/Discount to List
$47,000
4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$625,500
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2004
Sold by
Pecoraro Steven and Steven Pecoraro Living Trust
Bought by
Greenspan Geoff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2003
Sold by
Pecoraro Steven
Bought by
Pecoraro Steven and The Steven Pecoraro Living Trust

Purchase Details

Closed on
Apr 11, 2003
Sold by
Mead Madeleine M
Bought by
Pecoraro Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
5.75%

Purchase Details

Closed on
Nov 19, 1999
Sold by
Kingwood Development Corporation
Bought by
Mead Madeleine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,731
Interest Rate
5.05%
Source: Public Records

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
Bryan Victor Swatt Separate Property Trust -- Masteller Kira S
Swwatt Bryan Victor $996,000 Equity Title Los Angeles
Greenspan Geoff $870,000 Fidelity National Title
Pecoraro Steven -- --
Pecoraro Steven $649,000 Equity Title Company
Mead Madeleine M $369,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swwatt Bryan Victor $625,500
Previous Owner Greenspan Geoff $696,000
Previous Owner Pecoraro Steven $519,200
Previous Owner Mead Madeleine M $331,731
Closed Pecoraro Steven $97,350
Closed Greenspan Geoff $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $996,000 +5.0% $513 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $949,000 -- $489 / Sq Ft
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
2025 $14,704 $1,220,947 $975,781 $245,166
2024 $14,704 $1,197,008 $956,649 $240,359
2023 $14,423 $1,173,539 $937,892 $235,647
2022 $13,756 $1,150,529 $919,502 $231,027
2021 $13,584 $1,127,971 $901,473 $226,498
2020 $13,724 $1,116,406 $892,230 $224,176
2019 $13,179 $1,094,517 $874,736 $219,781
2018 $13,086 $1,073,057 $857,585 $215,472
2016 $12,516 $1,031,391 $824,285 $207,106
2015 $12,332 $1,015,900 $811,904 $203,996
2014 $12,379 $996,000 $796,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-689151

The MLS

APN: 5087-025-024