NOT LISTED FOR SALE

Estimated Value: $1,443,000 - $3,243,000

4 Beds
4 Baths
3,695 Sq Ft
$690/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $1,260,000 $341 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $14,764/month

11 Days on Market

Highlights

  • Gourmet Kitchen
  • City View
  • Air Conditioning
  • John Marshall Senior High Rated A
  • 4 Car Garage
  • Laundry Room

About This Home

As of March 2013

This Spanish style four-plex was completely renovated in 2007 by local design firm Design Vidal to a new Moroccan fantasy. The property is now fronted by hand-forged iron work, glowing mosaic fountains and a turret entranceway topped with a mural of trumpeting elephants. It has been reconfigured to a three bedroom three bath home upstairs with two one bedroom 1 bath units below. Thousands of hand-cut Moroccan and Thai tiles, along with gemstones lovingly pieced together by local artist Patricia Callicott create mosaics in almost every room. Several items in the house are salvaged from local Silver Lake homes, with many light fixtures and other decorative pieces imported from the middle and Far East.The redesigned main kitchen boasts a Bertazzoni range and the property offers a great outdoor area complete with built in benches and fireplace. The property also has views and a four car detached garage.

Last Agent to Sell the Property

Ken Winick

Coldwell Banker Realty License #01067137 Listed on: 12/10/2012

Coldwell Banker Realty

Last Buyer's Agent

Neil Rain Persad

Kensington & Beverly License #01817037

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,695 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3,695 Sq Ft Home
  • 2-Story Property
  • City Views
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for air cond/heat maint, cable TV, gas
  • Assessor Parcel Number 5425-007-012

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3695
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 1
  • Number Disposal: 1
  • Bedrooms: 4
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Community, In Unit, Laundry Area
  • Laundry Equipment: Lease
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 350.47

Exterior Features

  • Tennis Court Y/N: No
  • Number Patio: 3
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Electric Expense: 660.00
  • Heating: Central
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Sewer: In Street Paid
  • Water: District
  • Water Expense: 1200.00

Association/Amenities

  • Pet Rules: Yes

Fee Information

  • Gas Expense: 175.00
  • Insurance Expense: 1800.00
  • Maintenance Expense: 3200.00

Lot Info

  • Assessed Improvement Value: 369500
  • Assessed Land Value: 657500
  • Assessor Parcel Number: 5425-007-012
  • Lot Size Area: 6695

Rental Info

  • Number Leased: 3
  • Lease Per Month Year: Full Term, Month
  • Tenant Pays: Air Cond/Heat Maint, Cable TV, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: Triplex

Tax Info

  • Tax Expense: 13700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2012
Closed on
Jan 24, 2013
Sold by
Kelleher Edward R
Bought by
Weiner Clay
Seller's Agent
Ken Winick
Coldwell Banker Realty
Buyer's Agent
Neil Rain Persad
Kensington & Beverly
List Price
$1,295,000
Sold Price
$1,260,000
Premium/Discount to List
-$35,000
-2.7%
Current Estimated Value
$2,550,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,290,260
Avg. Annual Appreciation
5.63%
Original Mortgage
$882,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2012
Closed on
Jan 14, 2013
Sold by
Clarke Sarah
Bought by
Kelleher Edward R
Seller's Agent
Ken Winick
Coldwell Banker Realty
Buyer's Agent
Neil Rain Persad
Kensington & Beverly
List Price
$1,295,000
Sold Price
$1,260,000
Premium/Discount to List
-$35,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2007
Sold by
Vidal Guy and Vidal Karen
Bought by
Kelleher Edward R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,289,200
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2006
Sold by
Swallow Scott N and Estate Of Clifford Norman Swal
Bought by
Vidal Guy and Vidal Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Weiner Clay $1,260,000 Lawyers Title
Kelleher Edward R -- Lawyers Title
Kelleher Edward R $1,611,500 Fidelity Van Nuys
Vidal Guy $860,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiner Clay $882,000
Previous Owner Kelleher Edward R $1,289,200
Previous Owner Vidal Guy $645,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $1,260,000 -2.7% $341 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
12/10/2012 12/10/12 For Sale $1,295,000 -- $350 / 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 $18,725 $1,551,589 $1,008,534 $543,055
2024 $18,725 $1,521,166 $988,759 $532,407
2023 $18,363 $1,491,340 $969,372 $521,968
2022 $17,508 $1,462,099 $950,365 $511,734
2021 $17,285 $1,433,431 $931,731 $501,700
2019 $16,768 $1,391,337 $904,097 $487,240
2018 $16,698 $1,364,065 $886,370 $477,695
2016 $15,951 $1,310,695 $851,952 $458,743
2015 $15,718 $1,291,008 $839,155 $451,853
2014 $15,784 $1,265,720 $822,718 $443,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-639961

The MLS

APN: 5425-007-012