NOT LISTED FOR SALE

1948 S Spaulding Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $965,000 - $1,398,000

3 Beds
2 Baths
1,703 Sq Ft
$719/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $445,000 $261 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $6,965/month

45 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • 1-Story Property
  • Converted Garage
  • Central Heating and Cooling System

About This Home

As of March 2013

Price Reduced! Beautiful updated 3 BDRM. 1.75 BA. Pegged Hardwood Floors. Tile Entry, Master Bedroom 8X16, Dressing Area, Dishwasher. Washer/Dryer hookup, covered patio, skylights in 1 bedroom and the dining room. Must see to appreciate! Located just south of Venice blvd. All contracts/Offers are subject to OneWest senior management approval and any offers or counter offers by OneWest are not binding unless the entire agreement is ratified by all parties. There is a $75.00 buyer paid doc fee to be paid at closing.

Last Agent to Sell the Property

Steven Myers

SBM Companies, Inc. License #00868628 Listed on: 12/31/2012

Co-Listed By

Crystel Coleman

Ascent Real Estate Advisors License #01755460

Last Buyer's Agent

Austin Brunkhorst

Compass License #01823513

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,670

Year Built

  • Built in 1936

Lot Details

  • 4,868 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,703 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Converted Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5064-026-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,670

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1703
  • Stories: 1
  • Year Built: 1936
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Cable, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 264.24

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5064-026-015
  • Geocode Override: No
  • Lot Size Area: 4868

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2012
Closed on
Mar 18, 2013
Sold by
Candeloro Carlos Mario
Bought by
Candeloro Amy Shields
Seller's Agent
Steven Myers
SBM Companies, Inc.
Buyer's Agent
Austin Brunkhorst
Compass
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$1,224,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,445
Avg. Annual Appreciation
8.36%
Original Mortgage
$365,449
Outstanding Balance
$256,412
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$968,033

Purchase Details

Listed on
Dec 31, 2012
Closed on
Feb 26, 2013
Sold by
Etrade Bank
Bought by
Onewest Bank Fsb
Seller's Agent
Steven Myers
SBM Companies, Inc.
Buyer's Agent
Austin Brunkhorst
Compass
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,449
Outstanding Balance
$256,412
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$968,033

Purchase Details

Listed on
Dec 31, 2012
Closed on
Feb 22, 2013
Sold by
Onewest Bank Fsb
Bought by
Candeloro Amy Shields
Seller's Agent
Steven Myers
SBM Companies, Inc.
Buyer's Agent
Austin Brunkhorst
Compass
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,449
Outstanding Balance
$256,412
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$968,033

Purchase Details

Closed on
Sep 28, 2012
Sold by
Ray Xavier M
Bought by
Etrade Bank

Purchase Details

Closed on
Dec 19, 2005
Sold by
Ray Xavier
Bought by
Ray Xavier and Xavier Ray Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
Ray Xavier M
Bought by
Ray Xavier and Xavier Ray Family Living Trust

Purchase Details

Closed on
Apr 9, 2004
Sold by
Ray Paulette
Bought by
Ray Xavier M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 1999
Sold by
Browner Priscilla L
Bought by
Ray Xavier M and Ray Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,125
Interest Rate
6.92%
Mortgage Type
VA

Purchase Details

Closed on
Feb 4, 1999
Sold by
Browner Priscilla L
Bought by
The Melvin G & Priscilla L Browner Famil

Purchase Details

Closed on
May 24, 1993
Sold by
Browner Priscilla Lambert
Bought by
Browner Melvin G and Browner Priscilla Lambert
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
Candeloro Amy Shields -- Ticor Title Company Of Ca
Onewest Bank Fsb -- Ticor Title Company Of Ca
Candeloro Amy Shields $445,000 Ticor Title Company Of Ca
Etrade Bank $376,176 Accommodation
Ray Xavier -- American Coast Title Co
Ray Xavier M -- American Coast Title Co
Ray Xavier -- --
Ray Xavier M -- Act
Ray Xavier M $187,500 Fidelity Title
The Melvin G & Priscilla L Browner Famil -- --
Browner Melvin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Candeloro Amy Shields $365,449
Previous Owner Ray Xavier M $640,000
Previous Owner Ray Xavier M $472,500
Previous Owner Ray Xavier M $193,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2013 03/20/13 Sold $445,000 -1.1% $261 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $450,000 0.0% $264 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
01/23/2013 01/23/13 Price Changed $450,000 -15.1% $264 / Sq Ft
12/31/2012 12/31/12 For Sale $530,000 -- $311 / 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 $6,670 $547,974 $184,707 $363,267
2024 $6,670 $537,231 $181,086 $356,145
2023 $6,546 $526,698 $177,536 $349,162
2022 $6,249 $516,371 $174,055 $342,316
2021 $6,163 $506,247 $170,643 $335,604
2019 $5,980 $491,233 $165,583 $325,650
2018 $5,899 $481,602 $162,337 $319,265
2016 $5,631 $462,902 $156,034 $306,868
2015 $5,549 $455,950 $153,691 $302,259
2014 $5,572 $447,020 $150,681 $296,339
Source: Public Records

Agents Affiliated with this Home

  • Steven Myers

    Seller's Agent in 2013

    Steven Myers

    SBM Companies, Inc.

    (213) 220-2059

    2 Total Sales

    Steven Myers
    Section Image
  • Crystel Coleman

    Seller Co-Listing Agent in 2013

    Crystel Coleman

    Ascent Real Estate Advisors

    (310) 628-6718

    1 in this area

    6 Total Sales

    Crystel Coleman
    Section Image
  • Austin Brunkhorst

    Buyer's Agent in 2013

    Austin Brunkhorst

    Compass

    (310) 254-7989

    1 in this area

    44 Total Sales

    Austin Brunkhorst
    Section Image
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Map

Source: The MLS

MLS Number: 13-642321

The MLS

APN: 5064-026-015

California Los Angeles County Los Angeles 90016 Mid-City

1948 S Spaulding Ave, Los Angeles, CA

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