NOT LISTED FOR SALE

2507 Midvale Ave Los Angeles, CA 90064

Estimated Value: $1,595,000 - $2,068,000

3 Beds
1 Bath
1,011 Sq Ft
$1,778/Sq Ft Est. Value

Last Sold September 23, 2014

Last sale price $964,000 $954 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $10,680/month

9 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Laundry Room
  • Overland Avenue Elementary School Rated A
  • Wood Flooring
  • Floor Furnace

About This Home

As of September 2014

Attention developers and owner/users! Opportunity to build your dream home or expand current major fixer. Traditional 3 bedroom/1 bath on this flat Rancho Park 7,900sf lot. Prime location on tree-lined street in close proximity to stroll to Westside Pavilion and Pico Avenue theaters, shopping & restaurants and soon to be completed Westside light rail. Property sold in "AS IS" condition. Overland Avenue School.

Last Agent to Sell the Property

Chad Lund

Douglas Elliman License #00998185 Listed on: 07/15/2014

Douglas Elliman

Last Buyer's Agent

Enrique Blanchet

License #01273771

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,015

Year Built

  • Built in 1944

Lot Details

  • 7,905 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,011 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 4256-003-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,015

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1011
  • Stories: 1
  • Year Built: 1944
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 988.13

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessor Parcel Number: 4256-003-002
  • Geocode Override: No
  • Lot Size Area: 7905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Aug 21, 2014
Sold by
Heron Brett and Heron Denise
Bought by
Zheng Li and Jiang Changan
Seller's Agent
Chad Lund
Douglas Elliman
Buyer's Agent
Enrique Blanchet
List Price
$999,000
Sold Price
$964,000
Premium/Discount to List
-$35,000
-3.5%
Current Estimated Value
$1,797,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,983
Avg. Annual Appreciation
5.78%
Original Mortgage
$600,000
Outstanding Balance
$455,991
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,341,992

Purchase Details

Closed on
Feb 4, 2003
Sold by
Fanty Anthony R
Bought by
Heron Brett and Heron Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Fanty Randolph V
Bought by
Heron Brett and Heron Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Fanty Randolph V and The Louise E Fanty Testamentar
Bought by
Fanty Anthony R and Fanty Randolph V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1993
Sold by
Fanty Albert D
Bought by
Fanty Louise F
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
Zheng Li -- Title 365
Heron Brett $225,000 Southland Title
Heron Brett $225,000 Southland Title
Fanty Anthony R -- Southland Title
Fanty Louise F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Li $600,000
Previous Owner Heron Brett $67,500
Previous Owner Heron Brett $360,000
Previous Owner Fanty Anthony R $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2014 09/23/14 Sold $964,000 -3.5% $954 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $999,000 -- $988 / 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 $15,015 $1,257,645 $926,862 $330,783
2024 $15,015 $1,232,987 $908,689 $324,298
2023 $14,725 $1,208,812 $890,872 $317,940
2022 $14,041 $1,185,110 $873,404 $311,706
2021 $13,868 $1,161,874 $856,279 $305,595
2020 $14,010 $1,149,961 $847,499 $302,462
2019 $13,450 $1,127,414 $830,882 $296,532
2018 $13,380 $1,105,309 $814,591 $290,718
2016 $12,801 $1,062,390 $782,960 $279,430
2015 $11,627 $964,000 $771,200 $192,800
2014 $6,697 $531,659 $425,331 $106,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-775993

The MLS

APN: 4256-003-002