NOT LISTED FOR SALE

Estimated Value: $2,124,000 - $2,965,784

6 Beds
4 Baths
4,232 Sq Ft
$610/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $2,150,000 $508 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $15,974/month

11 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Bonus Room
  • Carthay Center Elementary School Rated 9+
  • Spanish Architecture
  • High Ceiling

About This Home

As of August 2021

Elegant Spanish Duplex in Carthay Square's HPOZ - Privacy hedges, front patio area, gorgeous original tiled windows & wrought iron - Formal entry has Spanish tile, original stenciled wood doors & Spanish tile leading to upper unit - Both units have huge rooms (over 4200 sq. ft.) - Hardwood floors throughout both, living room w/fireplaces and recessed lighting - Rejuvenation lighting fixtures, large step up formal dining room (lower has bonus room attached) - Lower kitchen remodeled w/stainless steel appliances - Center hall plan - spacious bedrooms - Main baths are green/black art deco tiled - Both units meticulously maintained - Improvements include: newer roof, new artificial lawn in rear, anchor bolting/bracing, some electrical & plumbing upgrades, HVAC - Lush landscaped front yard includes Palm trees, 2 double garages - Lower unit delivered VACANT - Upper unit tenant occupied - An absolute must see - great for owner/occupier!

Last Agent to Sell the Property

Stacey Babbitt

Coldwell Banker Realty License #01035847 Listed on: 07/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Marco Tarantino

AEquitas Real Estate Investment Group License #01767787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,356

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 6,503 Sq Ft Lot
  • East Facing Home

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • 1 Carport Space

Home Design

  • Duplex
  • Spanish Architecture
  • Composition Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,232 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Recessed Lighting
  • Formal Entry
  • Living Room with Fireplace
  • Bonus Room
  • Center Hall
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Stone Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 5087-022-002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Additional Features

  • Service Entrance
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,356

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Alley: No
  • Entry Location: Foyer
  • Living Area: 4232
  • Lot Acreage: 0.1493
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Recessed Lighting, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Bathroom Features: Shower and Tub, Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Stone Counters, Remodeled
  • Laundry: Room
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 493.62

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+), Service Entrance
  • Other Structures: None
  • Patio: Rock/Stone, Patio Open
  • Pool: No
  • Roof: Clay, Composition
  • Spa Yn: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 4
  • Other Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 48.95
  • Assessed Improvement Value: 550705
  • Assessed Land Percent: 51.05
  • Assessed Land Value: 574249
  • Total Assessed Value: 1124954
  • Assessor Parcel Number: 5087-022-002
  • Lot Size Area: 6503

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 50
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 9, 2021
Sold by
Katehakis Evans Trust and Katehakis Alexandra
Bought by
Tarantino Marco G and Segismundo Roberto I
Seller's Agent
Stacey Babbitt
Coldwell Banker Realty
Buyer's Agent
Marco Tarantino
AEquitas Real Estate Investment Group
List Price
$2,089,000
Sold Price
$2,150,000
Premium/Discount to List
$61,000
2.92%
Current Estimated Value
$2,582,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,946
Avg. Annual Appreciation
4.55%
Original Mortgage
$1,716,784
Outstanding Balance
$1,561,088
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,021,858

Purchase Details

Closed on
Feb 26, 2013
Sold by
Evans Douglas Thayer
Bought by
The Katehakis Evans Trust

Purchase Details

Closed on
Mar 10, 2012
Sold by
Evans Douglas Thayer
Bought by
Evans Douglas Thayer and Katehakis Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,900
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Pennymac Corp
Bought by
Evans Douglas Thayer and Katehakis Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,625
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2011
Sold by
Conway James F
Bought by
Pennymac Corp

Purchase Details

Closed on
Aug 29, 2007
Sold by
Conway James F
Bought by
Conway James F and Conway Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,432,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Sold by
Liebeler Eric C
Bought by
Conway James F and Vandal Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Riveros Luz Bock
Bought by
Riveros Luz Bock and Roth Cindy

Purchase Details

Closed on
Aug 23, 2002
Sold by
Wilson David Anthony
Bought by
Liebeler Eric C and Liebeler Carmencita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.12%

Purchase Details

Closed on
Dec 8, 1999
Sold by
Stone Bradley C
Bought by
Wilson David Anthony

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
7.12%

Purchase Details

Closed on
May 10, 1999
Sold by
Carlo Harry D Tr Carlo Family Trust
Bought by
Stone Bradley C and Stone Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.37%
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
Tarantino Marco G $2,150,000 Equity Title
The Katehakis Evans Trust -- None Available
Evans Douglas Thayer -- Title Source
Evans Douglas Thayer $979,500 Lsi Title Company
Pennymac Corp $995,805 Stewart Title
Conway James F -- Fidelity National Title
Conway James F $1,230,000 United Title Company
Riveros Luz Bock -- --
Liebeler Eric C $900,000 California Title Company
Wilson David Anthony $500,000 First American Title Co
Stone Bradley C -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarantino Marco G $1,716,784
Previous Owner Evans Douglas Thayer $725,900
Previous Owner Evans Douglas Thayer $734,625
Previous Owner Conway James F $1,432,000
Previous Owner Conway James F $984,000
Previous Owner Liebeler Eric C $720,000
Previous Owner Wilson David Anthony $400,000
Previous Owner Stone Bradley C $304,000
Closed Stone Bradley C $19,000
Closed Liebeler Eric C $90,000
Closed Conway James F $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $2,150,000 +2.9% $508 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $2,089,000 -- $494 / 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 $27,356 $2,281,596 $1,368,958 $912,638
2024 $27,356 $2,236,860 $1,342,116 $894,744
2023 $14,707 $1,182,525 $603,637 $578,888
2022 $14,032 $1,159,339 $591,801 $567,538
2021 $13,842 $1,136,608 $580,198 $556,410
2020 $13,981 $1,124,954 $574,249 $550,705
2019 $13,431 $1,102,897 $562,990 $539,907
2018 $13,324 $1,081,272 $551,951 $529,321
2016 $12,715 $1,039,287 $530,519 $508,768
2015 $12,530 $1,023,677 $522,551 $501,126
2014 $12,577 $1,003,625 $512,315 $491,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-758838

The MLS

APN: 5087-022-002