NOT LISTED FOR SALE

Estimated Value: $991,000 - $1,208,892

5 Beds
4.5 Baths
3,302 Sq Ft
$333/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $905,000 $274 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,782/month

13 Days on Market

Highlights

  • Art Studio
  • Auto Driveway Gate
  • City Lights View
  • Home Theater
  • Two Primary Bedrooms
  • 4-minute walk to Vermont Square Park

About This Home

As of September 2018

Majestic Craftsman home with view of Downtown LA! Practically brand new Mini Mansion! High-end completely remodeled corner sophisticated home located close to USC. Property contains 3,302 sqft 2-story home (5 bed + 4.5 bath), Office, Bar, Outdoor Enclosed Exterior Patio. All work throughout property done with permits & approved by LADBS. Huge living room and dining room with open floor plan & opens to covered entertainers patio and private rear yard. The following is new: interior framing, electrical, plumbing, dual-pane windows, recess lights, high-grade wax-coating laminate flooring & vinyl planks flooring, cabinets & counters, sinks, faucets, tankless water heater, Central A/C & Heating, laundry washer/dryer hookups, 2-car Insulated garage doors w LiftMaster Motor, LiftMaster Motor for Side Gate entrance, new roof, and much more! 8 ft privacy fence in back yard with 6 ft Fenced enclosed. 12 camera security system. Potential ADU possibility.

Last Agent to Sell the Property

Alex Soofer

Real Estate eBroker Inc. License #01789511 Listed on: 07/27/2018

Real Estate eBroker Inc.

Last Buyer's Agent

Elizabeth Layne

Estate Properties License #01415795

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,241

Year Built

  • Built in 1918

Lot Details

  • 6,446 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Lawn
  • Property is zoned LAR1

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,302 Sq Ft Home
  • 2-Story Property
  • Bar
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Bonus Room
  • Art Studio
  • Sun or Florida Room
  • City Lights Views

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Alarm System

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Pull-through
  • Oversized Parking
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Auto Driveway Gate
  • Guest Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Air Conditioning
  • Cooling System Powered By Gas
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5017-020-011

Community Details

Overview

  • No Home Owners Association

Amenities

  • Billiard Room
  • Service Entrance

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,241

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 3302
  • Stories: 2
  • Year Built: 1918
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Gas, Gas and Wood, Living Room
  • Flooring: Laminate, Vinyl
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Cable, Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 258.93

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Auto Driveway Gate, Carport Detached, Covered Parking, Door Opener, Driveway, Driveway - Concrete, Driveway Gate, Garage, Garage - 2 Car, Garage Is Detached, Gated, Oversized, Parking for Guests, Parking for Guests - Onsite, Parking Space, Private, Private Garage, Pull-through, Side By Side
  • Total Parking: 7

Utilities

  • Cooling: Air Conditioning, Gas
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5017-020-011
  • Geocode Override: No
  • Lot Description: Exterior Security Lights, Fenced Yard, Front Yard, Gutters, Landscaped, Lawn, Yard
  • Lot Size Area: 6446

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Sep 5, 2018
Sold by
Aframian Ashley
Bought by
Forrest Kate M and Clark Adam C
Seller's Agent
Alex Soofer
Real Estate eBroker Inc.
Buyer's Agent
Elizabeth Layne
Estate Properties
List Price
$855,000
Sold Price
$905,000
Premium/Discount to List
$50,000
5.85%
Current Estimated Value
$1,100,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,973
Avg. Annual Appreciation
2.78%
Original Mortgage
$605,000
Outstanding Balance
$526,509
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$574,464

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 13, 2018
Sold by
Soofer Alexander
Bought by
Aframian Ashley and Soofer Alexander
Seller's Agent
Alex Soofer
Real Estate eBroker Inc.
Buyer's Agent
Elizabeth Layne
Estate Properties
List Price
$855,000
Sold Price
$905,000
Premium/Discount to List
$50,000
5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Outstanding Balance
$526,509
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$574,464

Purchase Details

Listed on
Jul 27, 2018
Closed on
Jul 12, 2018
Sold by
Soofer Alexander
Bought by
Beverly Air Properties
Seller's Agent
Alex Soofer
Real Estate eBroker Inc.
Buyer's Agent
Elizabeth Layne
Estate Properties
List Price
$855,000
Sold Price
$905,000
Premium/Discount to List
$50,000
5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Outstanding Balance
$526,509
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$574,464

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 8, 2018
Sold by
Fannie Mae
Bought by
Soofer Alexander
Seller's Agent
Peter Park
Prime Properties Asset Mgmt.
Buyer's Agent
Peter Park
Prime Properties Asset Mgmt.
List Price
$560,000
Sold Price
$485,000
Premium/Discount to List
-$75,000
-13.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
562.11%

Purchase Details

Closed on
Feb 17, 2017
Sold by
Cervantes Baltazar
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jul 12, 2005
Sold by
Coronado Claudia
Bought by
Cervantes Baltazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 11, 2004
Sold by
Lorenzana Isabel
Bought by
Coronado Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2002
Sold by
Smith Ronald Eugene and Kelly Eugene Smith Sr Trust
Bought by
Coronado Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,150
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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
Forrest Kate M $905,000 North American Title Company
Aframian Ashley -- North American Title Company
Beverly Air Properties -- None Available
Soofer Alexander $485,000 Servicelink Title Company
Federal National Mortgage Association $444,343 Accommodation
Cervantes Baltazar $532,000 Landsafe Title
Coronado Claudia -- Commonwealth Land Title Co
Coronado Claudia $177,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrest Kate M $605,000
Previous Owner Cervantes Baltazar $380,000
Previous Owner Coronado Claudia $270,000
Previous Owner Coronado Claudia $168,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2018 09/07/18 Sold $905,000 +5.8% $274 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $855,000 +76.3% $259 / Sq Ft
05/11/2018 05/11/18 Sold $485,000 -13.4% $173 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $560,000 -- $200 / 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 $12,241 $1,009,540 $669,309 $340,231
2024 $12,241 $989,746 $656,186 $333,560
2023 $12,009 $970,340 $643,320 $327,020
2022 $11,458 $951,314 $630,706 $320,608
2021 $11,305 $932,662 $618,340 $314,322
2020 $11,417 $923,100 $612,000 $311,100
2019 $10,968 $905,000 $600,000 $305,000
2018 $8,351 $672,078 $510,000 $162,078
2016 $6,504 $530,000 $398,100 $131,900
2015 $5,551 $450,000 $338,000 $112,000
2014 $4,777 $375,700 $281,800 $93,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-369730

The MLS

APN: 5017-020-011