NOT LISTED FOR SALE

Estimated Value: $1,107,000 - $1,276,000

3 Beds
2 Baths
1,982 Sq Ft
$603/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $790,000 $399 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,368/month

376 Days on Market

Highlights

  • Art Studio
  • Cabana
  • Contemporary Architecture
  • Ulysses S. Grant Senior High School Rated A-
  • Solar Power System
  • Property is near a park

About This Home

As of December 2017

Architecturally expanded and beautifully remodeled with a new island kitchen, family room, artist loft, master room and laundry room recently added. The home is also environmentally efficient with upgrades made during remodel that include a tankless water heater, solar panels, new insulation, energy efficient windows, and newer heating and air package! Plenty of closet space with built-in organizers, this light, bright, almost 2000 sq ft Valley Glen home has it all and is a perfect property for a 1031 rental property Exchange with Escrow flexibility! This well priced home, makes this architectural beauty a quality investment that you can continue to rent, or move in to later. It's located on a lovely and quiet tree lined cul-de-sac buried deep in a "secluded pocket" of mid century homes, this little paradise is worth waiting for. Currently leased for the next year by a mature couple renting the property ($3,400.00 per month), and not only that but the tenants take care of all the gardening and pay for all the utilities. A truly central location in The Valley with access to all 5 freeways! Stunning remodel includes Walk-in-Pantry, Walk-in-Closets, Hardwood floors, Bay windows with double glass, electrical, copper pipe plumbing, heating and air, roof, landscaping, rooftop solar panels and much more. Priced for a quick sale and a flexible close.

Last Agent to Sell the Property

Neil Klemow

No Firm Affiliation License #00760837 Listed on: 11/30/2016

Last Buyer's Agent

Victoria Brown

Keller Williams Realty-Studio City License #01905987

Keller Williams Realty-Studio City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,870

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • No Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 1,982 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Art Studio
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Propane Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Solar Power System

Outdoor Features

  • Cabana
  • Open Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Customized Wheelchair Accessible
  • Property is near a park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 005
  • Tax Tract Number 15919
  • Assessor Parcel Number 2330005005

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,870

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2330005005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1982.00 Square Feet
  • Interior Amenities: Granite Counters, Pantry, Recessed Lighting
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 398.59
  • Room Type: Art Studio, Family Room, Loft, Walk-In Closet, Walk-In Pantry
  • Window Features: Bay Window(s), Double Pane Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • Patio And Porch Features: Cabana, Patio Open
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener, Private, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Propane Oven, Tankless Water Heater
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Los Angeles Unified

Green Features

  • Efficiency: HVAC, Insulation, Water Heater, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Park Nearby, Sprinklers None
  • Lot Size Sq Ft: 6000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1

Tax Info

  • Tax Census Tract: 1236.02
  • Tax Lot: 005
  • Tax Tract Number: 15919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Nov 21, 2013
Sold by
Yang Szu Yen
Bought by
Hu Wei
Seller's Agent
Kirt Kingzett
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$674,900
Sold Price
$645,000
Premium/Discount to List
-$29,900
-4.43%
Current Estimated Value
$1,195,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,289
Avg. Annual Appreciation
5.37%
Original Mortgage
$483,750
Outstanding Balance
$348,603
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$846,686

Purchase Details

Listed on
May 30, 2013
Closed on
Nov 12, 2013
Sold by
Colbert James
Bought by
Hu Wei
Seller's Agent
Kirt Kingzett
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$674,900
Sold Price
$645,000
Premium/Discount to List
-$29,900
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Outstanding Balance
$348,603
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$846,686

Purchase Details

Closed on
Oct 1, 1998
Sold by
Stewart Mark M
Bought by
Colbert James and Colbert Candice G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.61%
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
Hu Wei -- Equity Title Company
Hu Wei $645,000 Equity Title Company
Colbert James $192,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Wei $483,750
Previous Owner Colbert James $94,000
Previous Owner Colbert James $455,000
Previous Owner Colbert James $65,000
Previous Owner Colbert James $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $790,000 -1.1% $399 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $799,000 0.0% $403 / Sq Ft
09/06/2015 09/06/15 Rented $3,400 -5.6% --
09/06/2015 09/06/15 Under Contract -- -- --
07/28/2015 07/28/15 For Rent $3,600 +2.9% --
02/01/2014 02/01/14 Rented $3,500 0.0% --
01/27/2014 01/27/14 Under Contract -- -- --
12/14/2013 12/14/13 For Rent $3,500 0.0% --
11/26/2013 11/26/13 Sold $645,000 -3.0% $325 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
09/05/2013 09/05/13 Price Changed $665,000 -2.9% $336 / Sq Ft
07/29/2013 07/29/13 Price Changed $685,000 +1.5% $346 / Sq Ft
05/30/2013 05/30/13 For Sale $674,900 -- $341 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,870 $898,879 $502,576 $396,303
2024 $10,870 $881,255 $492,722 $388,533
2023 $10,660 $863,976 $483,061 $380,915
2022 $10,163 $847,037 $473,590 $373,447
2021 $10,035 $830,429 $464,304 $366,125
2019 $9,735 $805,800 $450,534 $355,266
2018 $8,509 $694,902 $538,684 $156,218
2016 $8,042 $667,919 $517,767 $150,152
2015 $7,923 $657,887 $509,990 $147,897
2014 $7,951 $645,000 $500,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16753992

California Regional Multiple Listing Service (CRMLS)

APN: 2330-005-005