$1,150,000
SOLD MAY 16, 2017
4 Beds
1 Bath
1,152 Sq Ft
6,793 Sq Ft Lot

Recently Sold

$998 Per Sq Ft

12% Above List Price

62 Days on Market

Highlights

  • RV Access or Parking
  • Property is near public transit
  • Bonus Room
  • Franklin Avenue Elementary Rated A-
  • Traditional Architecture
  • Great Room

About This Home

As of May 2017

Potential Builder Developer and Investment project in highly desirable great neighborhood of Franklin Hills/Los Feliz. Neighbor is currently building 4 High-Demand Modern Contemporary 3-4 bedrooms' single family homes with 3 baths, sq ft, on a similar excellent large flat lot and will be completed by early 2017 (See picture illustration). Current property shows as 4 beds, 1 bath, 1152 sq ft, 6793 lot sq ft, zoning LARD1.5. An additional office/rec room and upstairs storage room is located to the rear of the property. Large covered patio, plenty of parking in the back for multiple vehicles and wide driveway. Excellent school district, walking distance to popular shopping, restaurants and entertainment, easy access to public transportation and freeways. Excellent development lots of potential for developer and real estate investment.

Last Agent to Sell the Property

Kenneth Utomo

Casso Homes License #01972245 Listed on: 01/13/2017

Last Buyer's Agent

Celso Cardano

Celso Cardano, Broker License #01873173

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,231

Year Built

  • Built in 1906

Lot Details

  • 6,793 Sq Ft Lot
  • Block Wall Fence
  • Rectangular Lot
  • Property is zoned LARD1.5

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Home Office
  • Bonus Room
  • Laminate Flooring
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • Property is near public transit
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5430-031-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,231

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1152
  • Stories: 1
  • Year Built: 1906
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Storage Space
  • Flooring: Laminate
  • Bedrooms: 4
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 888.89

Exterior Features

  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Fence: Block
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Driveway - Concrete, On street, RV Access

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5430-031-006
  • Geocode Override: No
  • Lot Description: Lot Shape-Rectangular
  • Lot Location: City, Near Public Transit
  • Lot Size Area: 6793

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
May 10, 2017
Sold by
Full House Equity Inc
Bought by
Bates Investment Group Llc
Seller's Agent
Kenneth Utomo
Casso Homes
Buyer's Agent
Celso Cardano
Celso Cardano, Broker
List Price
$1,023,999
Sold Price
$1,150,000
Premium/Discount to List
$126,001
12.3%
Total Days on Market
62
Current Estimated Value
$1,823,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,704
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Mar 14, 2017
Sold by
Keonianee Jason I
Bought by
Full House Equity Inc

Purchase Details

Closed on
Mar 8, 2006
Sold by
Keomanee Phiangrudee
Bought by
Keomanee Jason J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 6, 2006
Sold by
Fernandez Maximo J
Bought by
Keomanee Jason J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2003
Sold by
Valera Maria Elena
Bought by
Fernandez Maximo J and Valera Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1997
Sold by
Bautista Mathilda L
Bought by
Valera Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,057
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1995
Sold by
Bautista Ben R
Bought by
Bautista Mathilda L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,150,000 None Available
Grant Deed -- Western Resources Title Co
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $671,000 Equity Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Individual Deed $120,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 No Value Available
Closed $1,000,000 Future Advance Clause Open End Mortgage
Previous Owner $134,000 Credit Line Revolving
Previous Owner $536,800 Purchase Money Mortgage
Previous Owner $54,500 Stand Alone Second
Previous Owner $500,000 Unknown
Previous Owner $369,000 Purchase Money Mortgage
Previous Owner $119,057 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Rented $3,000 0.0% --
07/31/2017 07/31/17 For Rent $3,000 0.0% --
05/16/2017 05/16/17 Sold $1,150,000 +12.3% $998 / Sq Ft
01/13/2017 01/13/17 For Sale $1,023,999 -- $889 / 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
2024 $24,231 $2,000,939 $1,308,501 $692,438
2023 $23,754 $1,961,706 $1,282,845 $678,861
2022 $22,637 $1,257,692 $1,257,692 $0
2021 $14,712 $1,233,032 $1,233,032 $0
2019 $14,350 $1,196,460 $957,168 $239,292
2018 $14,187 $1,173,000 $938,400 $234,600
2016 $9,285 $774,600 $619,682 $154,918
2015 $9,147 $762,965 $610,374 $152,591
2014 $8,196 $667,400 $522,800 $144,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-192356

The MLS

APN: 5430-031-006