NOT LISTED FOR SALE

2317 S Budlong Ave Los Angeles, CA 90007

Adams-Normandie Neighborhood

Estimated Value: $1,051,183 - $1,371,000

4 Beds
2 Baths
2,660 Sq Ft
$451/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $726,000 $273 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,681/month

6 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Breakfast Room
  • Living Room with Fireplace
  • Den
  • Laundry Room

About This Home

As of May 2016

Historic West Adams Craftsman on great block in USC incentive zone & HPOZ with old world charm. Large rooms with formal dining room, bowed bay with a beautiful leaded glass window. Living room has coffered ceilings and attractive features. Hardwood floors throughout. Large kitchen with plenty of cabinets and workspace. Upstairs 3 large bedrooms and generous closets. Bedroom downstairs ideal for student rental office/den. Attractive, sunny back garden.

Last Agent to Sell the Property

Shar Penfold

Coldwell Banker Realty License #01510192 Listed on: 03/18/2016

Coldwell Banker Realty

Last Buyer's Agent

PHILIP LI

License #01857541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 1910

Lot Details

  • 6,754 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,660 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entryway
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den
  • Wood Flooring
  • Alarm System
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 5054-018-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,814

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 2660
  • Stories: 1
  • Year Built: 1910
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Alarm System
  • Price Per S Q F T: 272.56

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Gravity

Lot Info

  • Assessor Parcel Number: 5054-018-011
  • Geocode Override: No
  • Lot Size Area: 6754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Apr 14, 2016
Sold by
Scarbrough Ernest
Bought by
Slatkin Michael
Seller's Agent
Shar Penfold
Coldwell Banker Realty
Buyer's Agent
PHILIP LI
List Price
$725,000
Sold Price
$726,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$1,199,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,796
Avg. Annual Appreciation
5.47%
Original Mortgage
$617,100
Outstanding Balance
$488,795
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$711,001

Purchase Details

Closed on
Aug 26, 2008
Sold by
Pastor Joseph J and The Pastor Family Trust
Bought by
Scarbrough Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,168
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2003
Sold by
Pastor Frank and Pastor Juliet S
Bought by
Pastor Frank
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
Slatkin Michael $726,000 Equity Title Los Angeles
Scarbrough Ernest -- None Available
Pastor Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slatkin Michael $617,100
Previous Owner Scarbrough Ernest $540,168
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2016 05/23/16 Sold $726,000 +0.1% $273 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $725,000 -- $273 / 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 $4,814 $362,000 $215,000 $147,000
2024 $4,814 $362,000 $215,000 $147,000
2023 $4,815 $362,000 $215,000 $147,000
2022 $4,686 $362,000 $215,000 $147,000
2021 $4,696 $362,000 $215,000 $147,000
2019 $5,369 $420,000 $250,000 $170,000
2018 $9,372 $755,329 $500,848 $254,481
2016 $7,344 $598,299 $478,641 $119,658
2015 $6,911 $562,000 $450,000 $112,000
2014 $7,073 $562,000 $450,000 $112,000
Source: Public Records

Agents Affiliated with this Home

  • Shar Penfold

    Seller's Agent in 2016

    Shar Penfold

    Coldwell Banker Realty

    (323) 356-1311

    10 Total Sales

    Shar Penfold
    Section Image

  • P

    Buyer's Agent in 2016

    PHILIP LI

  • S

    Buyer's Agent in 2016

    Shayne Fee

See All Agents

Map

Source: The MLS

MLS Number: 16-107582

The MLS

APN: 5054-018-011

California Los Angeles County Los Angeles 90007 Adams-Normandie

2317 S Budlong Ave, Los Angeles, CA

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