NOT LISTED FOR SALE

Estimated Value: $970,000 - $1,361,090

4 Beds
2 Baths
2,404 Sq Ft
$483/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $725,000 $302 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,019/month

15 Days on Market

About This Home

As of December 2017

Great 2 story duplex in Mid City near La Fayette Square! An investor's delight or perfect to live in one and rent out the other! A great opportunity to restore this beauty! Located on a cul de sac, this quiet neighborhood has pride of ownership. Spacious units, each consisting of 2 bedrooms 1 bath. Great area of Mid City near shopping and restaurants. Please DO NOT disturb the tenants. Property needs work and being sold in as-is condition. Agents please see private remarks

Last Agent to Sell the Property

Jessica Andrews

Angeleno Lifestyle License #01878745 Listed on: 09/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,040

Year Built

  • Built in 1923

Lot Details

  • 3,451 Sq Ft Lot

Home Design

  • 2,404 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5071-009-048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,040

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2404
  • Year Built: 1923
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 311.98

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Detached, Driveway, Garage
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 16956
  • Assessed Land Value: 15301
  • Assessor Parcel Number: 5071-009-048
  • Geocode Override: No
  • Lot Size Area: 3451

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2017
Sold by
Alexander Margaret J and Alexander Separate Margaret J
Bought by
Ferdon Elizabeth
Current Estimated Value
$1,129,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 11, 1999
Sold by
Alexander Margaret
Bought by
Alexander Margaret J and Alexander Separate Margaret J
Source: Public Records

Range of Values:

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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
Ferdon Elizabeth $725,000 Stewart Title
Alexander Margaret J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferdon Elizabeth $521,000
Closed Ferdon Elizabeth $100,000
Previous Owner Ferdon Elizabeth $507,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $725,000 -3.3% $302 / Sq Ft
10/07/2017 10/07/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $750,000 +3.4% $312 / Sq Ft
09/28/2017 09/28/17 Off Market $725,000 -- --
09/22/2017 09/22/17 For Sale $750,000 -- $312 / 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 $10,040 $824,922 $568,913 $256,009
2024 $10,040 $808,748 $557,758 $250,990
2023 $9,851 $792,891 $546,822 $246,069
2022 $9,400 $777,345 $536,100 $241,245
2021 $9,275 $762,104 $525,589 $236,515
2019 $8,999 $739,500 $510,000 $229,500
2018 $8,935 $725,000 $500,000 $225,000
2016 $612 $32,257 $15,301 $16,956
2015 $606 $31,774 $15,072 $16,702
2014 $624 $31,152 $14,777 $16,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-273412

The MLS

APN: 5071-009-048