NOT LISTED FOR SALE

1406 Thayer Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $3,169,000 - $3,474,000

5 Beds
3 Baths
2,930 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $2,275,000 $776 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $19,789/month

9 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • No HOA
  • Fairburn Avenue Elementary Rated A
  • Wood Flooring
  • Breakfast Room

About This Home

As of May 2018

This warm and welcoming home has been lovingly maintained, and is on the market for the first time. Formal entry leads you to a dramatic living room with sliding doors to the private yard, and a grand fireplace. The formal dining room is ideal for large family gatherings, and has hardwood floors, wood beamed ceilings and generous moldings that frame the room. The cheerful kitchen opens to a bright breakfast room that leads out to the patio & yard. On the main level is a generous master bedroom and bath, plus two additional bedrooms that share a bath. On the second floor, there is a wonderful family room overlooking the tranquil yard. Two additional bedrooms & one bath complete the upstairs, along with abundant storage space. This very special home is only a few blocks to Fairburn Elementary School and Emerson Middle School, as well as being minutes to UCLA and the newly remodeled Century City Mall & Beverly Hills. Freshly painted, you can move right in or update to suit your needs.

Last Agent to Sell the Property

Carla Winnie

Compass License #00703299 Listed on: 04/26/2018

Compass

Last Buyer's Agent

Jeff Kaptain

Compass License #01454865

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,779

Year Built

  • Built in 1952

Lot Details

  • 6,470 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,930 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4326-017-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,779

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2930
  • Stories: 2
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Linoleum, Tile
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 680.89

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4326-017-025
  • Geocode Override: No
  • Lot Size Area: 6470

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
May 9, 2018
Sold by
Kaufman Richard Stuart
Bought by
Hwang Thaddeus Insuk and Hwang Viet Hoai Thi
Seller's Agent
Carla Winnie
Compass
Buyer's Agent
Jeff Kaptain
Compass
List Price
$1,995,000
Sold Price
$2,275,000
Premium/Discount to List
$280,000
14.04%
Current Estimated Value
$3,290,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,692
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,575,000
Outstanding Balance
$1,356,127
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,934,565

Purchase Details

Closed on
Jun 7, 2017
Sold by
Kaufman Richard Stuart
Bought by
Kaufman Richard Stuart
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
Hwang Thaddeus Insuk $2,275,000 Lawyers Title
Kaufman Richard Stuart -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Thaddeus Insuk $1,575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $2,275,000 +14.0% $776 / Sq Ft
04/26/2018 04/26/18 For Sale $1,995,000 -- $681 / 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 $30,779 $2,588,556 $1,954,104 $634,452
2024 $30,779 $2,537,801 $1,915,789 $622,012
2023 $30,178 $2,488,041 $1,878,225 $609,816
2022 $28,767 $2,439,257 $1,841,398 $597,859
2021 $28,415 $2,391,430 $1,805,293 $586,137
2019 $27,557 $2,320,500 $1,751,748 $568,752
2018 $3,001 $223,192 $116,336 $106,856
2016 $2,761 $214,526 $111,819 $102,707
2015 $2,723 $211,305 $110,140 $101,165
2014 $2,741 $207,167 $107,983 $99,184
Source: Public Records

Agents Affiliated with this Home

  • Carla Winnie

    Seller's Agent in 2018

    Carla Winnie

    Compass

    (310) 344-4740

    3 in this area

    38 Total Sales

    Carla Winnie
    Section Image
  • Jeff Kaptain

    Buyer's Agent in 2018

    Jeff Kaptain

    Compass

    (310) 432-6508

    42 Total Sales

    Jeff Kaptain
    Section Image
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Map

Source: The MLS

MLS Number: 18-329682

The MLS

APN: 4326-017-025

California Los Angeles County Los Angeles 90024 Westwood

1406 Thayer Ave, Los Angeles, CA

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