NOT LISTED FOR SALE

Estimated Value: $2,431,000

12 Beds
11 Baths
8,218 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 1516 N Serrano Ave, Los Angeles, CA 90027 and is currently estimated at $2,431,000, approximately $295 per square foot. 1516 N Serrano Ave is a home with nearby schools including Grant Elementary School, Joseph Le Conte Middle School, and Helen Bernstein High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2008
Sold by
Hollywood Community Housing Corporation
Bought by
Hollywood Bungalow Courts Lp
Current Estimated Value
$2,431,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$2,642,126
Interest Rate
6.04%
Mortgage Type
Commercial
Estimated Equity
-$211,126

Purchase Details

Closed on
Nov 17, 2008
Sold by
Israwi Brothes
Bought by
Hollywood Community Housing Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$2,642,126
Interest Rate
6.04%
Mortgage Type
Commercial
Estimated Equity
-$211,126
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Hollywood Bungalow Courts Lp -- None Available
Hollywood Community Housing Corporation -- Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollywood Bungalow Courts Lp $315,000
Open Hollywood Bungalow Courts Lp $4,000,000
Closed Hollywood Bungalow Courts Lp $4,000,000
Open Hollywood Community Housing Corporation $7,500,000
Previous Owner Brothers Israwi $475,000
Previous Owner Israwi Brothers $325,000
Previous Owner Israwi Brothers $245,000
Source: Public Records

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 $1,379 $2,847,232 $1,993,453 $853,779
2024 $1,379 $2,791,405 $1,954,366 $837,039
2023 $1,379 $2,736,673 $1,916,046 $820,627
2022 $1,375 $2,684,614 $1,878,477 $806,137
2021 $1,313 $2,630,407 $1,841,645 $788,762
2020 $1,312 $2,611,790 $1,822,762 $789,028
2019 $1,312 $2,561,560 $1,787,022 $774,538
2018 $1,361 $2,502,344 $1,751,983 $750,361
2016 $29,979 $2,405,177 $1,683,952 $721,225
2015 $1,313 $2,369,050 $1,658,658 $710,392
2014 $1,401 $2,322,645 $1,626,168 $696,477
Source: Public Records

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