NOT LISTED FOR SALE

Estimated Value: $926,494 - $1,192,000

2 Beds
1 Bath
900 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $813,000 $903 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,652/month

31 Days on Market

Highlights

  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Fenced Yard
  • Spanish Architecture
  • No HOA
  • 2 Car Garage

About This Home

As of November 2020

Timeless 1926 two-bedroom, one-bath Spanish bungalow in centrally located Pico del Mar. This sweet updated home has an easy, sensible floorplan with warm wood floors throughout. Amply sized living and dining rooms. The tasteful kitchen features newer glass-door cabinetry, modern countertops and stainless-steel appliances. Two nicely sized bedrooms, one with French doors leading to the backyard and patio space. An updated full bathroom with a spa tub/shower. The private backyard includes a lovely outdoor dining area for entertaining and a pergola with lounging space to relax. Long driveway with gate leads to a detached two car garage. Within close proximity to eateries, grocery and retail; the new Sprouts Farmers Market & Target. An excellent condo alternative. This is a great opportunity to own your own piece of L.A. history!

Last Agent to Sell the Property

Andrea Lynch Kerepesi

The Agency License #01886610 Listed on: 09/22/2020

The Agency

Co-Listed By

Laurence Young

Berkshire Hathaway HomeServices California Properties License #00999537

Last Buyer's Agent

Aaron McCarty

Redfin Corporation License #01956114

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,611

Year Built

  • Built in 1926

Lot Details

  • 4,366 Sq Ft Lot
  • Fenced Yard
  • Front Yard
  • Property is zoned LAR3

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Clay Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laundry in Garage

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Outdoor Features

  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5070-018-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,611

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 900
  • Lot Acreage: 0.1002
  • Probate: No
  • Stories: 1
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top
  • Laundry: Garage
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Range/Oven, Hood Fan, Garbage Disposal, Freezer, Refrigerator, Microwave
  • Price Per S Q F T: 976.67

Exterior Features

  • Other Structures: None
  • Patio: Porch - Front
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street Paid

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5070-018-016
  • Lot Description: Fenced, Fenced Yard, Front Yard
  • Lot Size Area: 4366

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Ormsby Michael William
Bought by
Michael W Ormsby Trust and Ormsby
Current Estimated Value
$1,092,374

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 27, 2020
Sold by
Cohen Mark D and Linnell Carey
Bought by
Ormsby Michael William
Seller's Agent
Andrea Lynch Kerepesi
The Agency
Buyer's Agent
Aaron McCarty
Redfin Corporation
List Price
$879,000
Sold Price
$813,000
Premium/Discount to List
-$66,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Apr 4, 2016
Sold by
Cohen Marc D
Bought by
Cohen Marc D and Linnell Carey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2011
Closed on
May 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cohen Marc D
Seller's Agent
Ivery Summers
The Collective Realty
Buyer's Agent
Joaquin Garcia
Berkshire Hathaway HomeServices California Properties
List Price
$467,000
Sold Price
$367,050
Premium/Discount to List
-$99,950
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$357,745
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 15, 2011
Sold by
Machado Ana Paula
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 19, 2006
Sold by
Stokes James H and Stokes James H
Bought by
Machado Ana Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 7, 2006
Sold by
Stokes James H and Stokes James H
Bought by
Stokes James H and James H & Harriet E Stokes Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2003
Sold by
Stokes James Henry and Stokes Harriet
Bought by
Stokes James Henry and Stokes Harriet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.72%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 1995
Sold by
Stokes James Henry and Stokes Harriet
Bought by
Stokes James Henry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael W Ormsby Trust -- None Listed On Document
Michael W Ormsby Trust -- None Listed On Document
Ormsby Michael William $813,000 California Title Company
Cohen Marc D -- Fidelity National Title
Cohen Marc D $367,500 Lsi Title Company
Federal Home Loan Mortgage Corp -- Accommodation
Wells Fargo Bank Na $240,205 Accommodation
Machado Ana Paula $512,000 California Title Company
Stokes James H -- United Title Company Westlak
Stokes James Henry -- --
Stokes James Henry -- Alliance Title Company
Stokes James Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Marc D $347,000
Previous Owner Cohen Marc D $357,745
Previous Owner Machado Ana Paula $409,600
Previous Owner Stokes James H $250,000
Previous Owner Stokes James Henry $375,000
Closed Stokes James Henry $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2020 11/23/20 Sold $813,000 -7.5% $903 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $879,000 +139.5% $977 / Sq Ft
06/01/2012 06/01/12 Sold $367,050 -4.7% $408 / Sq Ft View Prior Sale
03/21/2012 03/21/12 Pending -- -- --
02/24/2012 02/24/12 Price Changed $385,000 -9.4% $428 / Sq Ft
01/26/2012 01/26/12 Price Changed $425,000 -2.3% $472 / Sq Ft
12/29/2011 12/29/11 Price Changed $435,000 -6.9% $483 / Sq Ft
11/25/2011 11/25/11 For Sale $467,000 -- $519 / 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 $10,611 $880,016 $704,013 $176,003
2024 $10,611 $862,761 $690,209 $172,552
2023 $10,409 $845,845 $676,676 $169,169
2022 $9,929 $829,260 $663,408 $165,852
2021 $9,808 $813,000 $650,400 $162,600
2020 $5,227 $421,494 $258,409 $163,085
2019 $5,023 $413,231 $253,343 $159,888
2018 $4,929 $405,129 $248,376 $156,753
2016 $4,711 $389,399 $238,732 $150,667
2015 $4,642 $383,551 $235,147 $148,404
2014 $4,663 $376,038 $230,541 $145,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-635586

The MLS

APN: 5070-018-016