NOT LISTED FOR SALE

Estimated Value: $1,521,000 - $1,941,000

0.17 Acre
$10,305,418 Price per Acre
7,647 Sq Ft Lot

Last Sold July 22, 2020

Last sale price $871,000

Est. 101% increase in value since last sale

Current estimated payment $10,811/month

51 Days on Market

About This Lot

As of July 2020

Developers Dream!! R3 zoning located in Mid-Los Angeles, 7600 square feet lot backs luxury historic Lafayette Square, No HPOZ or HOA. Sits on a high visibility lot take full advantage of Metro's plan northern extension to Wilshire Blvd.

Last Agent to Sell the Property

Mona graham

Mona T. Evans-Graham License #00921860 Listed on: 04/06/2020

Last Buyer's Agent

Richard Schulman

Keller Williams Los Angeles License #01427211

Keller Williams Los Angeles

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,603

Lot Details

  • 7,647 Sq Ft Lot
  • Property is zoned LAR3

Property Views

  • Views of Trees

Listing and Financial Details

  • Assessor Parcel Number 5071-002-025

Property Details

Property Type

Land

Est. Annual Taxes

$18,603

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: No
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Tree Top
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5071-002-025
  • Geocode Override: No
  • Lot Size Area: 7647

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Dt Designs Llc
Bought by
Venkatesh Srinivasan And Asha Ramdas Trust and Srinivasan
Current Estimated Value
$1,751,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Outstanding Balance
$1,000,215
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$751,706

Purchase Details

Listed on
Apr 6, 2020
Closed on
Sep 4, 2020
Sold by
Tanguay Todd and Hagen Daniel
Bought by
Dt Designs Llc
Seller's Agent
Mona graham
Mona T. Evans-Graham
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$899,000
Sold Price
$871,000
Premium/Discount to List
-$28,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 17, 2020
Sold by
Perkov Felicity
Bought by
Hagen Daniel
Seller's Agent
Mona graham
Mona T. Evans-Graham
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$899,000
Sold Price
$871,000
Premium/Discount to List
-$28,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jun 18, 2020
Sold by
Graham Mona and Parmely H Thompson Jr Trust
Bought by
Tanguay Todd and Hagen Daniel
Seller's Agent
Mona graham
Mona T. Evans-Graham
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$899,000
Sold Price
$871,000
Premium/Discount to List
-$28,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Thompson Parmly H and The Parmely H Thompson Jr Livi
Bought by
Thompson Parmly H and The Parmly H Thompson Jr Trust

Purchase Details

Closed on
Jul 29, 2009
Sold by
Thompson Parmely H and The Claire M Thompson Living T
Bought by
Thompson Parmely H and The Parmely H Thompson Jr Living Trust

Purchase Details

Closed on
Oct 21, 2008
Sold by
Thompson Claire M
Bought by
Thompson Claire M and The Claire M Thompson Living Trust
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
Venkatesh Srinivasan And Asha Ramdas Trust $1,450,000 Fidelity National Title
Dt Designs Llc -- Accommodation
Hagen Daniel -- First American Title Company
Tanguay Todd $871,000 First American Title Company
Thompson Parmly H -- None Available
Thompson Parmely H -- None Available
Thompson Claire M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkatesh Srinivasan And Asha Ramdas Trust $1,087,500
Previous Owner Tanguay Todd $653,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2020 07/22/20 Sold $871,000 -3.1% --
05/27/2020 05/27/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $899,000 0.0% --
05/15/2020 05/15/20 For Sale $899,000 -5.4% --
04/21/2020 04/21/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $950,000 -- --
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 $18,603 $1,538,751 $1,231,001 $307,750
2024 $18,603 $1,508,580 $1,206,864 $301,716
2023 $18,248 $1,479,000 $1,183,200 $295,800
2022 $17,406 $1,450,000 $1,160,000 $290,000
2021 $10,715 $871,000 $500,000 $371,000
2020 $8,478 $666,856 $489,817 $177,039
2019 $8,152 $653,781 $480,213 $173,568
2018 $7,996 $640,963 $470,798 $170,165
2016 $7,542 $616,075 $452,517 $163,558
2015 $7,433 $606,822 $445,720 $161,102
2014 $7,462 $75,156 $35,410 $39,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-569426

The MLS

APN: 5071-002-025