NOT LISTED FOR SALE

Estimated Value: $1,831,000 - $2,539,000

3 Beds
3 Baths
2,588 Sq Ft
$856/Sq Ft Est. Value

Last Sold September 16, 2015

Last sale price $1,350,000 $522 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $14,027/month

14 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • View of Hills
  • Franklin Avenue Elementary Rated A-
  • Midcentury Modern Architecture
  • Marble Flooring

About This Home

As of September 2015

Hip Mid-Century modern home with beautiful post and beam accents located in the desirable Franklin Hills neighborhood. Three level home with a ton of deck space on each level. Hillside view from main level of home. Home includes, large master bath, large steam shower, swimmers pool and jacuzzi combo, outdoor gas fire pit with custom seating, central air conditioning, 18 owned solar panels on roof and main level attached garage. Lot is zoned R2 and could be used as a legal duplex. Home is in one of the hottest areas of LA with many shops, restaurants, Gelson's and Trader Joe's within walking distance. Owner will lease entire home for $5000 per month as well.

Last Agent to Sell the Property

Tim Cason

USA Realty and Loans License #01936579 Listed on: 07/31/2015

USA Realty and Loans

Co-Listed By

Justin Naoe

Real Broker License #01855054

Last Buyer's Agent

Jill Epstein

Nourmand & Associates-BH License #00472171

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,743

Year Built

  • Built in 1961

Lot Details

  • 3,850 Sq Ft Lot
  • East Facing Home
  • Property is zoned LAR2

Parking

  • Attached Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,588 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Views of Hills
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Bamboo
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Steam Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Exercise

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5433-018-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,743

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2588
  • Probate: No
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Bamboo, Carpet, Marble
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dryer, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
  • Price Per S Q F T: 463.68

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Pool Description: Exercise Pool, Heated And Filtered
  • Pool: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Attached, Covered Parking, Garage - 1 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5433-018-003
  • Geocode Override: No
  • Lot Size Area: 3850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
2422 Claremont Avenue Llc
Bought by
Baiada Caitlin
Current Estimated Value
$2,226,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,208,866
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,005,240

Purchase Details

Listed on
Jul 31, 2015
Closed on
Sep 15, 2015
Sold by
Walters Charles C
Bought by
2422 Claremont Avenue Llc
Seller's Agent
Tim Cason
USA Realty and Loans
Buyer's Agent
Jill Epstein
Nourmand & Associates-BH
List Price
$1,200,000
Sold Price
$1,350,000
Premium/Discount to List
$150,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$950,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2005
Sold by
Benedict Cheyann
Bought by
Walters Charles C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,800
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 2003
Sold by
Bell Frank
Bought by
Benedict George and Benedict Rainey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.62%

Purchase Details

Closed on
Nov 14, 1995
Sold by
Folinsky Stuart I and Sheppard Gloria
Bought by
Bell Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
7.47%
Mortgage Type
Land Contract Argmt. Of Sale
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
Baiada Caitlin $1,765,000 Stewart Title Company
2422 Claremont Avenue Llc $1,350,000 North American Title
Walters Charles C $896,000 Fidelity National Title Co
Benedict Cheyann -- --
Benedict George $520,000 Southland Title Company
Bell Frank $199,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baiada Caitlin $1,350,000
Previous Owner 2422 Claremont Avenue Llc $950,000
Previous Owner Walters Charles C $18,776
Previous Owner Walters Charles C $920,000
Previous Owner Walters Charles C $113,850
Previous Owner Walters Charles C $260,000
Previous Owner Walters Charles C $716,800
Previous Owner Benedict George $416,000
Previous Owner Bell Frank $230,000
Previous Owner Bell Frank $159,200
Closed Walters Charles C $179,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2015 09/16/15 Sold $1,350,000 +12.5% $522 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $1,200,000 -- $464 / 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 $22,743 $1,910,490 $1,528,392 $382,098
2024 $22,743 $1,873,030 $1,498,424 $374,606
2023 $22,297 $1,836,305 $1,469,044 $367,261
2022 $21,249 $1,800,300 $1,440,240 $360,060
2021 $20,996 $1,765,000 $1,412,000 $353,000
2019 $17,073 $1,432,629 $962,090 $470,539
2018 $17,009 $1,404,539 $943,226 $461,313
2016 $16,271 $1,350,000 $906,600 $443,400
2015 $12,710 $1,051,102 $579,902 $471,200
2014 $10,769 $868,000 $478,000 $390,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-927481

The MLS

APN: 5433-018-003