NOT LISTED FOR SALE

1507 Steele Ave Los Angeles, CA 90063

Estimated Value: $642,000 - $739,236

1 Bed
1 Bath
726 Sq Ft
$936/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $650,000 $895 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,420/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Bonus Room
  • City Terrace Elementary School Rated 9+
  • Main Floor Bedroom
  • Private Yard

About This Home

As of June 2024

Short term lease. Fully furnished. Private one bedroom home within walking distance to local cafe's and grocery stores, public transportation, and local freeways. Minutes away from Downtown LA, El Sereno, Boyle Heights, Alhambra, Highland Park, and Pasadena. Comes equipped with kitchen, oven, refrigerator, queen sized bed, television, wi-fi, shower, washer-dryer, patio, and backyard.

Last Agent to Sell the Property

Inga Mitinyan

Keller Williams Realty-Studio City Brokerage Phone: 517-980-4991 License #02191132 Listed on: 05/03/2024

Keller Williams Realty-Studio City

Co-Listed By

Mark Bua

Keller Williams Realty-Studio City Brokerage Phone: 517-980-4991 License #01305390

Last Buyer's Agent

Giulia Heiman

LA Real License #02087858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,684

Year Built

  • Built in 1948

Lot Details

  • 4,917 Sq Ft Lot
  • Wrought Iron Fence
  • Chain Link Fence
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR1*

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Bonus Room
  • Workshop
  • Home Gym
  • Wood Flooring
  • Views of Woods
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Utilities

  • High Efficiency Air Conditioning
  • Heating Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 227
  • Tax Tract Number 7813
  • Assessor Parcel Number 5225009002
  • $691 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,684

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5225009002
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 726.00 Square Feet
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 895.32
  • Room Type: Basement, Bonus Room, Exercise Room, Kitchen, Main Floor Bedroom, Workshop
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: ENERGY STAR Qualified Equipment
  • Laundry Features: Dryer Included, In Kitchen, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 4917.00
  • Lot Size Acres: 0.1129
  • Latitude Manual: 34.05872000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4917.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5306.03
  • Tax Lot: 227
  • Tax Tract Number: 7813
  • TaxOtherAnnualAssessmentAmount: 691.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 7, 2024
Sold by
Ravindran Nithya
Bought by
Thompson Walter Luis and Lopez Hector Miguel
Seller's Agent
Inga Mitinyan
Keller Williams Realty-Studio City
Buyer's Agent
Giulia Heiman
LA Real
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%
Views
29
Current Estimated Value
$679,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,559
Avg. Annual Appreciation
3.74%
Original Mortgage
$585,000
Outstanding Balance
$578,812
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$100,747

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 16, 2022
Sold by
Lidia Campos Bertha
Bought by
Ravindran Nithya
Seller's Agent
Paula Petrotta
West Shores Realty, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$655,000
Sold Price
$700,000
Premium/Discount to List
$45,000
6.87%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.27%
Original Mortgage
$627,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2004
Sold by
Martinez Juan Z
Bought by
Campos Bertha Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thompson Walter Luis $650,000 Fidelity - Sherman Oaks
Ravindran Nithya $660,000 Ticor Title
Campos Bertha Lidia $196,000 First American Title Co Los
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Walter Luis $585,000
Previous Owner Ravindran Nithya $627,000
Previous Owner Campos Bertha Lidia $300,000
Previous Owner Campos Bertha Lidia $48,000
Previous Owner Campos Bertha Lidia $9,456
Previous Owner Campos Bertha $100,000
Previous Owner Campos Bertha Lidia $215,000
Previous Owner Campos Bertha Lidia $156,800
Closed Campos Bertha Lidia $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 For Rent $2,200 +15.8% --
10/08/2024 10/08/24 Off Market $1,900 -- --
10/04/2024 10/04/24 Price Changed $2,000 +5.3% $6 / Sq Ft
10/04/2024 10/04/24 Price Changed $1,900 0.0% $5 / Sq Ft
06/14/2024 06/14/24 Sold $650,000 +0.2% $895 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $649,000 -7.3% $894 / Sq Ft
10/03/2022 10/03/22 Sold $700,000 +6.9% $964 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $655,000 -- $902 / 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 $8,684 $663,000 $579,054 $83,946
2024 $8,684 $673,200 $538,560 $134,640
2023 $8,531 $660,000 $528,000 $132,000
2022 $3,698 $262,582 $208,330 $54,252
2021 $3,656 $257,435 $204,246 $53,189
2019 $3,547 $249,801 $198,189 $51,612
2018 $3,499 $244,903 $194,303 $50,600
2016 $3,354 $235,395 $186,759 $48,636
2015 $3,303 $231,860 $183,954 $47,906
2014 $3,304 $227,319 $180,351 $46,968
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24089206

California Regional Multiple Listing Service (CRMLS)

APN: 5225-009-002