NOT LISTED FOR SALE

Estimated Value: $2,087,000 - $3,824,000

3 Beds
3 Baths
3,300 Sq Ft
$867/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $2,315,000 $702 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $18,085/month

11 Days on Market

Highlights

  • Craftsman Architecture
  • Dining Room with Fireplace
  • Laundry Room
  • Roosevelt Elementary School Rated A+
  • Wood Flooring
  • Attached Carport

About This Home

As of August 2016

OFFERS DUE WEDNESDAY JUNE 29 AT 1 PM! North of Wilshire Owner User or Investment Opportunity! Beautifully remodeled inside and out with a charming 1907 Craftsman Home in front and 2 units built in the 1920's in rear. The front house has 2 Bedrooms, 1 Bath, and a Bonus Room/Nursery. Original hardwood floors, high ceilings, wood burning fireplace, terrific Kitchen with Breakfast Area, separate Dining Room, Laundry area, and Central Heat and Air. Lovely landscaping in the front, and the back has drought tolerant landscape with drip irrigation. Garage in back for the front house. Two identical back units upstairs and down with 1 Bedroom, 1 Bath, and a Breakfast area/Office next to the kitchen in each. Both units are in great condition. They feature hardwood floors, updated kitchens and baths, with shared outside laundry. Close to Beach, Shopping, Dining and everything Santa Monica, this is a Must See!

Last Agent to Sell the Property

Michael Springer

Compass License #01265333 Listed on: 06/21/2016

Compass

Co-Listed By

Tyler Kunkle

Pardee Properties License #01965642

Last Buyer's Agent

Joyce Gottlieb

Compass License #00772731

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,468

Year Built

  • Built in 1912

Lot Details

  • 7,510

Home Design

  • Triplex
  • Craftsman Architecture

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Attached Carport

Additional Features

  • 7,510 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4281-027-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,468

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 3300
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Dining, Living Room
  • Flooring: Hardwood, Mixed
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area, Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Washer
  • Price Per S Q F T: 665.15

Exterior Features

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

Garage/Parking

  • Parking Garage: Carport Attached, Garage - 2 Car
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 75389
  • Assessed Land Value: 808741
  • Assessor Parcel Number: 4281-027-010
  • Geocode Override: No
  • Lot Size Area: 7510

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.23
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 31140
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Aug 5, 2016
Sold by
Green Robert
Bought by
Fong Stacy
Seller's Agent
Michael Springer
Compass
Buyer's Agent
Joyce Gottlieb
Compass
List Price
$2,195,000
Sold Price
$2,315,000
Premium/Discount to List
$120,000
5.47%
Current Estimated Value
$2,859,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,990
Avg. Annual Appreciation
2.37%
Original Mortgage
$1,350,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2005
Sold by
Green Robert and Green Jill
Bought by
Green Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 1999
Sold by
Loftin John A and Loftin Linda H
Bought by
Green Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
6.75%

Purchase Details

Closed on
Jan 14, 1998
Sold by
Loftin John A and Loftin Linda H
Bought by
Loftin John A and Loftin Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
7.13%

Purchase Details

Closed on
Jan 19, 1994
Sold by
Peck Ruth Elizabeth and Peck Anna Katherine
Bought by
Hiltunen Loftin John A and Hiltunen Loftin Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.21%
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
Fong Stacy $2,315,000 Lawyers Title Company
Green Robert -- Financial Title Company
Green Robert $677,500 Southland Title Company
Loftin John A -- First American Title Co
Hiltunen Loftin John A $334,090 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Stacy $1,225,000
Closed Fong Stacy $1,350,000
Previous Owner Green Robert $1,000,000
Previous Owner Green Robert D $442,000
Previous Owner Green Robert $400,000
Previous Owner Green Robert $200,000
Previous Owner Green Robert $650,000
Previous Owner Green Robert $100,000
Previous Owner Green Robert $67,750
Previous Owner Green Robert $542,000
Previous Owner Loftin John A $393,750
Previous Owner Loftin John A $40,000
Previous Owner Hiltunen Loftin John A $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $2,315,000 +5.5% $702 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $2,195,000 -- $665 / 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 $31,468 $2,686,751 $1,160,584 $1,526,167
2024 $31,468 $2,634,071 $1,137,828 $1,496,243
2023 $30,964 $2,582,423 $1,115,518 $1,466,905
2022 $30,583 $2,531,789 $1,093,646 $1,438,143
2021 $29,834 $2,482,147 $1,072,202 $1,409,945
2020 $29,631 $2,456,696 $1,061,208 $1,395,488
2019 $29,335 $2,408,526 $1,040,400 $1,368,126
2018 $27,566 $2,361,300 $1,020,000 $1,341,300
2016 $10,972 $897,612 $821,074 $76,538
2015 $10,827 $884,130 $808,741 $75,389
2014 $10,694 $866,812 $792,899 $73,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-136982

The MLS

APN: 4281-027-010