NOT LISTED FOR SALE

1221 N Genesee Ave West Hollywood, CA 90046

Estimated Value: $5,794,815

1 Bed
1 Bath
-- Sq Ft
10,149 Sq Ft Lot

About This Home

This home is located at 1221 N Genesee Ave, West Hollywood, CA 90046 and is currently estimated at $5,794,815. 1221 N Genesee Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2014
Sold by
1221 Genesee Apartments Llc
Bought by
Ace Holdings Llc
Current Estimated Value
$5,794,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,785,000
Interest Rate
3.96%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 11, 2002
Sold by
Xenon Investment Corp
Bought by
Kiowa Arms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2000
Sold by
Voloshin Arkady and Voloshin Alla
Bought by
Chernega Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
8.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 1999
Sold by
Gabovitch Artur
Bought by
Gabovitch Vicky

Purchase Details

Closed on
Dec 18, 1998
Sold by
Seretskiy Yuriy
Bought by
Voloshin Arkady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,250
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 1998
Sold by
Morris Jack
Bought by
Seretskiy Yuriy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
6.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ace Holdings Llc -- None Available
Kiowa Arms Llc -- Stewart
Chernega Norman $1,365,000 Fidelity National Title
Voloshin Arkady -- Fidelity National Title
Gabovitch Vicky -- Fidelity Title
Gabovitch Vicky -- Fidelity Title
Voloshin Arkady $1,135,000 Fidelity National Title
Seretskiy Yuriy $1,050,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ace Holdings Llc $2,550,000
Previous Owner Ace Holdings Llc $2,785,000
Previous Owner 1221 Genesee Apartments Llc $2,000,000
Previous Owner Kiowa Arms Llc $525,000
Previous Owner Chernega Norman $910,000
Previous Owner Voloshin Arkady $816,250
Previous Owner Seretskiy Yuriy $667,500
Closed Seretskiy Yuriy $172,500
Source: Public Records

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 $73,457 $5,889,058 $4,206,472 $1,682,586
2024 $73,457 $5,773,588 $4,123,993 $1,649,595
2023 $72,216 $5,660,381 $4,043,131 $1,617,250
2022 $68,569 $5,549,394 $3,963,854 $1,585,540
2021 $68,407 $5,440,583 $3,886,132 $1,554,451
2019 $66,196 $5,281,855 $3,770,868 $1,510,987
2018 $65,627 $5,178,342 $3,696,930 $1,481,412
2016 $63,043 $4,974,725 $3,553,375 $1,421,350
2015 $62,072 $4,900,000 $3,500,000 $1,400,000
2014 $37,338 $2,731,291 $1,575,745 $1,155,546
Source: Public Records

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