NOT LISTED FOR SALE

2045 Addison Way Los Angeles, CA 90041

Eagle Rock Neighborhood

Estimated Value: $1,274,000 - $1,770,000

3 Beds
2 Baths
1,264 Sq Ft
$1,205/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $791,000 $626 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $9,030/month

9 Days on Market

Highlights

  • Detached Guest House
  • Built-In Features
  • Bungalow
  • Eagle Rock Elementary School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of March 2016

In 1915, the first Eagle Rock Carnegie Library opened, the first cornerstone for the Women's Twentieth Century Club was laid, and this sweet Craftsman bungalow was built. Taken back to this simpler time, imagine the pitcher of lemonade and plate of cookies waiting for you on the wide front porch. Wave at your neighbors and invite them in to share your treat. This charming home is freshly buffed and polished to invite you to fall in love. Updates include central air and heat in both structures, fresh paint inside and out, refinished floors, and new drought-tolerant landscaping. There is a special feature that will seal the deal: a back house with a total of 3 bedrooms and 2 baths, divided into 2 separate quarters. Perfect for a home office, in-laws, retreat. Now that's living!

Last Agent to Sell the Property

Tracy King

Compass License #01048877 Listed on: 02/14/2016

Compass

Last Buyer's Agent

Brian Fitzburgh

Brokers Trust Real Estate Group License #01411131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,371

Year Built

  • Built in 1915

Lot Details

  • 5,869 Sq Ft Lot
  • Lot Dimensions are 45x130
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Bungalow
  • Raised Foundation

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5685-007-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,371

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: In 1915, the first Eagle Rock Carnegie Library opened, the first cornerstone for the Women's Twentieth Century Club was laid, and this sweet Craftsman bungalow was built. Taken back to this simpler time, imagine the pitcher of lemonade and plate of cookies waiting for you on the wide front porch. Wave at your neighbors and invite them in to share your treat. This charming home is freshly buffed and polished to invite you to fall in love. Updates include central air and heat in both structures, fresh paint inside and out, refinished floors, and new drought-tolerant landscaping. There is a special feature that will seal the deal: a guest house with a total of 3 bedrooms and 2 baths, divided into 2 separate quarters. Perfect for a home office, in-laws, retreat. Now that's living!
  • Living Area: 1264
  • Lot Dimensions: 45x130
  • Probate: No
  • Stories: 1
  • Year Built: 1915
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 592.96

Exterior Features

  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5685-007-039
  • Geocode Override: No
  • Lot Size Area: 5869

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2016
Closed on
Mar 10, 2016
Sold by
Simpson Michael J
Bought by
Gtuitar Michael Thomas and Nishimoto Jeanne Lynette
Seller's Agent
Tracy King
Compass
Buyer's Agent
Brian Fitzburgh
Brokers Trust Real Estate Group
List Price
$749,500
Sold Price
$791,000
Premium/Discount to List
$41,500
5.54%
Current Estimated Value
$1,522,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,993
Avg. Annual Appreciation
7.08%
Original Mortgage
$593,250
Outstanding Balance
$469,555
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,053,438

Purchase Details

Closed on
Nov 12, 2010
Sold by
Simpson Michael J and Castro Marjorie
Bought by
Simpson Michael J and Simpson Marjorie

Purchase Details

Closed on
May 9, 2005
Sold by
Barrios Gerardo
Bought by
Castro Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.34%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 6, 2005
Sold by
Barrios Gerardo
Bought by
Castro Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.34%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 21, 1995
Sold by
Dalponte Ann D and The Dalponte Living Trust
Bought by
Barrios Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.62%
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
Gtuitar Michael Thomas $791,000 Provident Title Company
Simpson Michael J -- Accommodation
Castro Marjorie -- Commonwealth Land Title Co
Castro Marjorie -- Commonwealth Title
Simpson Michael J -- Commonwealth Land Title Co
Barrios Gerardo $165,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gtuitar Michael Thomas $593,250
Previous Owner Simpson Michael J $240,000
Previous Owner Barrios Gerardo $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $791,000 +5.5% $626 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/14/2016 02/14/16 For Sale $749,500 -- $593 / 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 $11,371 $948,410 $700,685 $247,725
2024 $11,371 $929,815 $686,947 $242,868
2023 $11,150 $911,584 $673,478 $238,106
2022 $10,629 $893,711 $660,273 $233,438
2021 $10,496 $876,188 $647,327 $228,861
2020 $10,601 $867,205 $640,690 $226,515
2019 $10,141 $839,413 $628,128 $211,285
2018 $9,915 $822,955 $615,812 $207,143
2016 $3,315 $274,026 $153,517 $120,509
2015 $3,267 $269,911 $151,212 $118,699
2014 $3,283 $264,624 $148,250 $116,374
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tracy King

    Compass

    Section Image
  • Brian Fitzburgh

    Buyer's Agent in 2016

    Brian Fitzburgh

    Brokers Trust Real Estate Group

    (818) 646-7318

    2 in this area

    20 Total Sales

    Brian Fitzburgh
    Section Image
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Map

Source: The MLS

MLS Number: 16-981151

The MLS

APN: 5685-007-039

California Los Angeles County Los Angeles 90041 Eagle Rock

2045 Addison Way, Los Angeles, CA

This home is located at 2045 Addison Way, Los Angeles, CA 90041 since 14 February 2016 and is currently estimated at $1,522,993, approximately $1,204 per square foot. This property was built in 1915. 2045 Addison Way is a home located in Los Angeles County with nearby schools including Eagle Rock Elementary School, Eagle Rock High School, and St. Dominic Elementary School.

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