NOT LISTED FOR SALE

Estimated Value: $949,000 - $1,338,600

5 Beds
4 Baths
3,221 Sq Ft
$347/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $700,000 $217 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,878/month

112 Days on Market

About This Home

As of July 2019

Property sold in as is present condition. Long Term tenants, owner has not seen the condition of the inside of the property for over 6 years. Property profile shows 5 bedroom, 4 bathrooms, with two homes on a lot, Living area 3,221 sq ft. Los Angeles tax Assessor's records shows back house built in 1923. 1 bedroom, 1 bath However, Los Angeles county building department says it should be used as storage or buyer can apply to get permit for an Accessary Dwelling Unit. Buyer to satisfy themselves with the County of Los Angeles on all permits. Property needs work. Offers subject to inspection.

Last Agent to Sell the Property

Joycelyn McDowell

Joy Realty Inc License #00999765 Listed on: 03/18/2019

Co-Listed By

Barbara Campanella

Coldwell Banker Realty License #00707032

Last Buyer's Agent

Diana Nikolof

Coldwell Banker Residential Brokerage Company License #01903744

Coldwell Banker Residential Brokerage Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,472

Year Built

  • Built in 1923

Lot Details

  • 9,037 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 5836016019

Community Details

Overview

  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,472

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: LCR1
  • Property Type: Residential Income
  • Parcel Number: 5836016019
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9037.00
  • Lot Size Acres: 0.2075

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Lot Size Area: 9037.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jun 7, 2019
Sold by
Shahbazian Sonik
Bought by
Ohanian Edvard
Seller's Agent
Joycelyn McDowell
Joy Realty Inc
Buyer's Agent
Diana Nikolof
Coldwell Banker Residential Brokerage Company
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,117,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,533
Avg. Annual Appreciation
8.05%
Original Mortgage
$630,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jun 3, 2019
Sold by
Davis Ray F and Davis Dorothy M
Bought by
Ohanian Edvard
Seller's Agent
Joycelyn McDowell
Joy Realty Inc
Buyer's Agent
Diana Nikolof
Coldwell Banker Residential Brokerage Company
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2006
Sold by
Davis Ray F and Davis Dorothy M
Bought by
Davis Ray F and Davis Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2004
Sold by
Ray F & Dorothy M Davis Family Trust
Bought by
Davis Ray F and Davis Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1993
Sold by
Ray F Davis & Dorothy Davis Family Trust
Bought by
Davis Ray F and Davis Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.25%
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
Ohanian Edvard -- Lawyers Title
Ohanian Edvard $700,000 Lawyers Title
Davis Ray F -- First American Title
Davis Ray F -- Fidelity National Title
Davis Ray F -- Orange Coast Title Of Los An
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohanian Edvard $653,550
Closed Ohanian Edvard $630,000
Previous Owner Davis Ray F $444,000
Previous Owner Davis Ray F $435,000
Previous Owner Davis Ray F $300,000
Previous Owner Davis Ray F $70,000
Previous Owner Davis Ray F $21,100
Previous Owner Davis Ray F $277,500
Previous Owner Davis Ray F $228,750
Previous Owner Davis Ray F $30,000
Previous Owner Davis Ray F $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $700,000 0.0% $217 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $700,000 0.0% $217 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/17/2019 04/17/19 Price Changed $700,000 -17.6% $217 / Sq Ft
03/18/2019 03/18/19 For Sale $850,000 -- $264 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,472 $703,758 $541,353 $162,405
2024 $9,472 $750,538 $589,709 $160,829
2023 $9,220 $735,823 $578,147 $157,676
2022 $8,911 $721,396 $566,811 $154,585
2021 $8,438 $707,252 $555,698 $151,554
2020 $8,116 $700,000 $550,000 $150,000
2019 $4,443 $343,976 $100,921 $243,055
2018 $4,389 $337,233 $98,943 $238,290
2016 $4,220 $324,139 $95,101 $229,038
2015 $4,175 $319,271 $93,673 $225,598
2014 $4,106 $313,018 $91,839 $221,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819001179

Pasadena-Foothills Association of REALTORS®

APN: 5836-016-019