NOT LISTED FOR SALE

Estimated Value: $1,176,000 - $1,588,000

3 Beds
3 Baths
1,951 Sq Ft
$694/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $703,000 $360 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,987/month

21 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • 1 Car Attached Garage
  • Spanish Architecture
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2014

Bank owned. (See what it sold for last time in agent remarks.) Classic Spanish on quiet tree lined street. N. of 3rd Street, just south of Silver Lake. House sits above street level on a monstrous 7800 sq. ft. lot. High coved ceilings, raised foundation, hardwood floors, remodeled kitchen, picture windows, tons of character and tons of upside potential. I'd recommend staying off the front lawn, it's full of fleas and they're hungry! You've been warned!

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 05/09/2014

Last Buyer's Agent

Alicia Lawhon

Sotheby's International Realty License #01896857

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,052

Year Built

  • Built in 1922

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 60 x 130
  • West Facing Home
  • Private Yard
  • Property is zoned LAR3

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,951 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Open Patio
  • Exterior Lighting

Utilities

  • Floor Furnace
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 722
  • Assessor Parcel Number 5501020015

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,052

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5501020015
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1951.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 360.33
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size: 60 x 130
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1790

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7800.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 55
  • Tax Tract Number: 722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Spitalnik Joel and Lipschutz Yael
Bought by
Joel And Yael Spitalnik Family Trust and Spitalnik
Current Estimated Value
$1,353,724

Purchase Details

Listed on
May 9, 2014
Closed on
Jun 9, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Spitalnik Joel and Lipschulz Yael
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Alicia Lawhon
Sotheby's International Realty
List Price
$649,900
Sold Price
$703,000
Premium/Discount to List
$53,100
8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$550,400
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2013
Sold by
Kim Hana
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 17, 2006
Sold by
Kim James
Bought by
Kim Hana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 15, 2006
Sold by
Lewis C Thomas
Bought by
Kim Hana and Chung Seung Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 5, 2005
Sold by
Lewis C Thomas
Bought by
Lewis C Thomas and Wiatr Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 12, 1999
Sold by
Hud
Bought by
Lewis C Thomas and Wiatr Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,100
Interest Rate
7.75%

Purchase Details

Closed on
Mar 23, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Sep 14, 1998
Sold by
Han Joon Sup
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Oct 24, 1997
Sold by
Han Joon Sup
Bought by
Yoon Phillip

Purchase Details

Closed on
Jan 17, 1997
Sold by
Correa Ulysses
Bought by
Han Joon Sup

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,571
Interest Rate
7.58%
Mortgage Type
FHA
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
Joel And Yael Spitalnik Family Trust -- None Listed On Document
Spitalnik Joel $688,000 Title365
Nationstar Mortgage Llc $664,706 None Available
Kim Hana -- Chicago Title Co
Kim Hana $815,000 Chicago Title Co
Lewis C Thomas -- --
Lewis C Thomas $163,500 --
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $153,382 Fidelity National Title Ins
Yoon Phillip -- --
Han Joon Sup $146,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spitalnik Joel $550,400
Previous Owner Kim Hana $81,500
Previous Owner Kim Hana $649,900
Previous Owner Lewis C Thomas $100,000
Previous Owner Lewis C Thomas $45,000
Previous Owner Lewis C Thomas $155,100
Previous Owner Han Joon Sup $143,571
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $703,000 +8.2% $360 / Sq Ft
05/09/2014 05/09/14 For Sale $649,900 -- $333 / 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 $10,052 $826,864 $480,737 $346,127
2024 $10,052 $810,652 $471,311 $339,341
2023 $9,862 $794,758 $462,070 $332,688
2022 $9,410 $779,175 $453,010 $326,165
2021 $9,288 $763,898 $444,128 $319,770
2019 $9,013 $741,243 $430,956 $310,287
2018 $8,965 $726,709 $422,506 $304,203
2016 $8,569 $698,492 $406,100 $292,392
2015 $8,445 $688,000 $400,000 $288,000
2014 $5,743 $450,000 $350,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14096468

California Regional Multiple Listing Service (CRMLS)

APN: 5501-020-015