NOT LISTED FOR SALE

Estimated Value: $1,082,000 - $1,244,000

2 Beds
1 Bath
1,176 Sq Ft
$993/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $1,163,500 $989 Per Sq Ft

Current estimated payment $6,993/month

7 Days on Market

Highlights

  • 0.63 Acre Lot
  • No HOA
  • Laundry Room
  • Valley Academy of Arts & Sciences Rated A-
  • Den
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Starter home on an incredible 27,323 square foot flat lot. This is the blank canvas that you've been waiting for to create your masterpiece. The current home includes two bedrooms, one bathroom, a comfortable living area with an adjacent dining area, eat in kitchen, cozy den and a two car detached garage. Possibilities include living in the current home, expanding it to fit your families needs, demolishing it and building your dream home, adding an ADU or utilizing SB9 to add multiple structures. Buyer to check with the City of Los Angeles and confirm all options.

Last Agent to Sell the Property

Claudio Madariaga

REMAX Empower Brokerage Phone: 818-209-1859 License #01111676 Listed on: 04/29/2024

REMAX Empower

Last Buyer's Agent

Darius Majlessi

Sotheby's International Realty License #01294550

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,901

Year Built

  • Built in 1947

Lot Details

  • 0.63 Acre Lot
  • Rectangular Lot
  • Property is zoned LARA

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Den

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 12642
  • Assessor Parcel Number 2787013008
  • $2,592 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,901

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2787013008
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1176.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 989.37
  • Room Type: All Bedrooms Down, Den

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • 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: Lot 20000-39999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 27331.00
  • Lot Size Acres: 0.6274
  • Latitude Manual: 34.22469600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27331.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1154.01
  • Tax Lot: 56
  • Tax Tract Number: 12642
  • TaxOtherAnnualAssessmentAmount: 2592.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
May 31, 2024
Sold by
Hubert Nacke Separate Property Trust and Nacke Hubert Lee
Bought by
Shawd Pedram Majidi
Seller's Agent
Claudio Madariaga
REMAX Empower
Buyer's Agent
Darius Majlessi
Sotheby's International Realty
List Price
$1,099,000
Sold Price
$1,163,500
Premium/Discount to List
$64,500
5.87%
Views
12
Current Estimated Value
$1,167,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,470
Avg. Annual Appreciation
-1.55%
Original Mortgage
$930,800
Outstanding Balance
$920,061
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$220,464

Purchase Details

Closed on
Aug 18, 2006
Sold by
Nacke Hubert L
Bought by
Nacke Hubert Lee and The Hubert Lee Nacke Separate Property T

Purchase Details

Closed on
May 6, 2005
Sold by
Neff Betty Ann
Bought by
Nacke Hubert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,150
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2003
Sold by
Neff Betty Ann
Bought by
Neff Betty Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Neff Betty Ann
Bought by
Neff Betty Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.89%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Payne Ed
Bought by
Payne Terrylee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
6.84%

Purchase Details

Closed on
May 21, 1999
Sold by
Payne Terrylee
Bought by
Neff Betty Ann and Nacke Hubert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
6.84%

Purchase Details

Closed on
Apr 12, 1994
Sold by
Hendricks Claryn E
Bought by
Payne Terrylee
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
Shawd Pedram Majidi $1,163,500 Orange Coast Title Company
Nacke Hubert Lee -- None Available
Nacke Hubert L -- First American Title Ins Co
Neff Betty Ann -- Equity Title Company
Neff Betty Ann -- Equity Title Company
Payne Terrylee -- First American
Neff Betty Ann $246,000 First American Title Co
Payne Terrylee -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shawd Pedram Majidi $930,800
Previous Owner Nacke Hubert Lee $177,735
Previous Owner Nacke Hubert Lee $184,600
Previous Owner Nacke Hubert L $189,150
Previous Owner Nacke Hubert L $25,000
Previous Owner Neff Betty Ann $190,000
Previous Owner Neff Betty Ann $190,000
Previous Owner Neff Betty Ann $196,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $1,163,500 +5.9% $989 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $1,099,000 -- $935 / 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 $9,901 $1,186,770 $1,072,224 $114,546
2024 $9,901 $806,608 $515,686 $290,922
2023 $11,993 $790,793 $505,575 $285,218
2022 $11,541 $775,288 $495,662 $279,626
2021 $10,781 $705,000 $451,000 $254,000
2019 $7,477 $619,000 $396,000 $223,000
2018 $6,722 $550,000 $351,800 $198,200
2016 $5,713 $469,000 $300,000 $169,000
2015 $5,427 $445,000 $284,500 $160,500
2014 $5,037 $402,000 $257,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24080753

California Regional Multiple Listing Service (CRMLS)

APN: 2787-013-008