T
Seller's Agent in 2016
Tom Berge Jr.
BERGE COMPANY
1443 Armadale Ave Los Angeles, CA 90042
Eagle Rock NeighborhoodEstimated Value: $1,262,000 - $1,782,138
6
Beds
3
Baths
2,364
Sq Ft
$670/Sq Ft
Est. Value
Highlights
- Fireplace
- Central Air
- Heating Available
- Eagle Rock High School Rated A
- 2 Car Garage
- Front Yard
About This Home
As of May 2016This is your chance to own in one of L.A.'s hippest and most desirable neighborhoods set for unprecedented growth that's just steps away from Occidental College. This fantastic property features two houses on one lot in the heart of Eagle Rock. You can live in one and rent out the other. This neighborhood has that small town feel, but you are still close to all the action, fun and dining on both Colorado and York Blvd. Additionally, you're only minutes away from other great shopping areas, restaurants in Old Town Pasadena, the Burbank Media Center, Hollywood and Downtown Los Angeles. Each of the units unit has central air and heat, a living room and formal dining room. The front unit (Craftsman) was built in 1916. It has approximately 1,176 sq ft of living area, 3 bedrooms and 1 bath (the public records show 2 bedrooms, buyer must verify & satisfy themselves regarding zoning/permits/neighborhood). The rear unit was built in 1963. It has approximately 1,188 sq ft of living area, 3 bedrooms and 2 full baths along with an outdoor patio off of the dining room for those pleasant Southern California summer BBQ's. Don't miss this prime opportunity to buy in a sizzling hot and amazing L.A. neighborhood! Both of the units will be delivered vacant. Sold "as is".
Last Agent to Sell the Property
Tom Berge Jr.
BERGE COMPANY License #01428850 Listed on: 03/29/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,728
Year Built
- Built in 1916
Lot Details
- 7,500 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 2 Car Garage
- Parking Available
- Shared Driveway
- Off-Street Parking
Interior Spaces
- 2,364 Sq Ft Home
- Fireplace
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Central Air
- Heating Available
Additional Features
- Rain Gutters
- Suburban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 635
- Assessor Parcel Number 5474016003
Community Details
Overview
- 3 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $300
- Water Sewer Expense $900
- New Taxes Expense $954
- Gross Income $5,000
- Net Operating Income $55,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2016
Closed on
Apr 11, 2016
Sold by
Setti Margaret L and The John & Margaret Setti Fami
Bought by
Au Sandra
Seller's Agent
Tom Berge Jr.
BERGE COMPANY
Buyer's Agent
Jovelle Schaffer
Sotheby's International Realty
List Price
$699,000
Sold Price
$1,030,000
Premium/Discount to List
$331,000
47.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,535
Avg. Annual Appreciation
4.64%
Original Mortgage
$240,000
Outstanding Balance
$190,853
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,392,682
Purchase Details
Closed on
Sep 9, 2009
Sold by
Setti Margaret L and John & Margaret Setti Family T
Bought by
Setti Margaret L and John & Margaret Setti Family T
Purchase Details
Closed on
Oct 6, 2006
Sold by
Setti John and Setti Margaret L
Bought by
Setti John and Setti Margaret L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Au Sandra | $1,030,000 | Provident Title Company | |
| Setti Margaret L | -- | None Available | |
| Setti John | -- | None Available | |
| Setti John | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Au Sandra | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2016 05/06/16 | Sold | $1,030,000 | +47.4% | $436 / Sq Ft |
| 04/10/2016 04/10/16 | Pending | -- | -- | -- |
| 03/29/2016 03/29/16 | For Sale | $699,000 | -- | $296 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,728 | $1,219,303 | $911,520 | $307,783 |
| 2024 | $14,728 | $1,195,397 | $893,648 | $301,749 |
| 2023 | $14,443 | $1,171,959 | $876,126 | $295,833 |
| 2022 | $13,772 | $1,148,981 | $858,948 | $290,033 |
| 2021 | $13,600 | $1,126,453 | $842,106 | $284,347 |
| 2020 | $13,738 | $1,114,904 | $833,472 | $281,432 |
| 2019 | $13,194 | $1,093,044 | $817,130 | $275,914 |
| 2018 | $13,059 | $1,071,612 | $801,108 | $270,504 |
| 2016 | $965 | $63,943 | $21,513 | $42,430 |
| 2015 | $954 | $62,983 | $21,190 | $41,793 |
| 2014 | $972 | $61,750 | $20,775 | $40,975 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jovelle Schaffer
Buyer's Agent in 2016
Jovelle Schaffer
Sotheby's International Realty
(323) 665-1700
1 in this area
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS16064017
APN: 5474-016-003
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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