NOT LISTED FOR SALE

Estimated Value: $521,000 - $689,906

4 Beds
3 Baths
1,847 Sq Ft
$337/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $275,000 $149 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,734/month

174 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • 4-minute walk to Simon Rodia State Historic Park
  • Neighborhood Views
  • Central Heating and Cooling System

About This Home

As of December 2017

SHORT SALE There are conditions and restrictions recorded on Title:

1. The property MUST be owner-occupied; the home CANNOT be rented out.  

2. The Buyer must meet "low- to moderate-income level" restrictions, defined as not more than 120% of the median income for the Los Angeles Statistical Metropolitan Survey Area, and not less than 80% of said income median.  (See the Income Levels document attached)

3. The City of Los Angeles has an ongoing and continuing right to receive 50% of all net sale proceeds or 10% per annum, whichever is less of each resale.  "Net sale proceeds" means resale price less sales costs less outstanding balances of first and second deed of trust loans.

4. The City's prior written approval is required for all resales to assure consistency of resale with the requirements of the occupancy affidavit.

PLEASE READ THE ENTIRE OCCUPANCY AFFIDAVIT AND ELIGIBLE INCOME LEVELS (ATTACHED) FOR MORE INFORMATION

Be sure to consult with your lender for mortgage payment information. Also inquire about Los Angeles downpayment assistance programs/grants as this property is located within the City's Priority Area.

Last Agent to Sell the Property

Quentin Anderson

F.A.I.R. Plan Inc License #00943934 Listed on: 04/11/2017

Co-Listed By

David Dashiell

Berkshire Hathaway HSCP License #01364055

Last Buyer's Agent

Roxanna Godinez

Compass License #01137955

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,145

Year Built

  • Built in 1992

Lot Details

  • 2,878 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARZ2.5

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,847 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 48768
  • Assessor Parcel Number 6067023025

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,145

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARZ2.5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6067023025
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1847.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 148.89
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2878.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2431.00
  • Tax Lot: 7
  • Tax Tract Number: 48768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2019
Sold by
Rhodes Danea V and Lyons Devon M
Bought by
Lyons Devon M and Lyons Danea V
Current Estimated Value
$621,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$272,720
Interest Rate
3.6%
Estimated Equity
$333,842

Purchase Details

Closed on
Oct 3, 2017
Sold by
Spates Marshall L and Spates Trina R
Bought by
Rhodes Danea V and Lyons Devon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Lyons Devon M -- Chicago Title Company
Rhodes Danea V $275,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Devon M $310,000
Previous Owner Rhodes Danea V $266,400
Previous Owner Rhodes Danea V $220,000
Previous Owner Spates Marshall L $392,000
Previous Owner Spates Marshall L $324,500
Previous Owner Spates Marshall L $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $275,000 +11.8% $149 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/20/2017 09/20/17 Price Changed $246,000 0.0% $133 / Sq Ft
09/20/2017 09/20/17 For Sale $246,000 +0.4% $133 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $245,000 -- $133 / 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 $4,145 $312,897 $142,226 $170,671
2024 $4,145 $306,763 $139,438 $167,325
2023 $4,069 $300,749 $136,704 $164,045
2022 $3,889 $294,853 $134,024 $160,829
2021 $3,833 $289,073 $131,397 $157,676
2019 $3,721 $280,500 $127,500 $153,000
2018 $3,678 $275,000 $125,000 $150,000
2016 $2,882 $219,657 $87,861 $131,796
2015 $2,838 $216,359 $86,542 $129,817
2014 $2,847 $212,122 $84,847 $127,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17097108

California Regional Multiple Listing Service (CRMLS)

APN: 6067-023-025