$875,000
SOLD JUL 6, 2022
4 Beds
2 Baths
1,400 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$625 Per Sq Ft

9% Above List Price

10 Days on Market

Highlights

  • Detached Guest House
  • RV Access or Parking
  • Wood Flooring
  • Abraham Lincoln High School Rated A
  • Craftsman Architecture
  • 2-minute walk to Cypress Park

About This Home

As of October 2022

Welcome to up-and-coming Cypress Park! This gated move-in-ready Craftsman home has been loved by the same family for over 57 years and it’s ready for its new homeowner. With about 1,400 square feet of total living space. The main house features 3 bedroom 1 bath 1,096 s/f and the 1 bedroom 1 bath guest house is approx. 305 s/f. The open living concept makes this home perfect for the modern homeowner. Extra large kitchen, nice size living room with fireplace. The spacious front porch is great to relax and drink your coffee in the morning. Features ample parking with an extended driveway and rear porch. Located in prime Cypress Park and within ½ mile walking distance to Footsies, Heirloom LA, Antigua Cafe, Starbucks and all Figueroa Street has to offer! With its proximity to desirable Glassel Park, Mt Washington, Elysian Park, and Lincoln Heights.

Last Agent to Sell the Property

Kevin Finley

CENTURY 21 CITRUS REALTY INC License #01939269 Listed on: 05/19/2022

CENTURY 21 CITRUS REALTY INC

Last Buyer's Agent

Kevin Finley

CENTURY 21 CITRUS REALTY INC License #01939269 Listed on: 05/19/2022

CENTURY 21 CITRUS REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,714

Year Built

  • Built in 1916

Lot Details

  • 4,000 Sq Ft Lot
  • West Facing Home
  • Chain Link Fence
  • Front Yard
  • Property is zoned LAR1

Home Design

  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • <<tubWithShowerToken>>
  • Walk-in Shower

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Open Patio
  • Front Porch

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Utilities

  • Floor Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 4
  • Assessor Parcel Number 5453008025
  • $236 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,714

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5453008025
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 625.00
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s)

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Guest House, Guest House Detached, Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Patio, Patio Open, Porch, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, RV Access/Parking
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1853.20
  • Tax Lot: 38
  • Tax Tract Number: 4
  • TaxOtherAnnualAssessmentAmount: 236.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 18, 2022
Sold by
Spindel Gibson Naomi
Bought by
Gibson Burke F and Sayyah Isabella Rose
Seller's Agent
Mary Regal
Compass
Buyer's Agent
Joseph Custer
eXp Realty of California Inc
List Price
$1,075,000
Sold Price
$1,270,000
Premium/Discount to List
$195,000
18.14%
Views
12
Current Estimated Value
$1,204,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,356
Avg. Annual Appreciation
-0.84%
Original Mortgage
$1,143,000
Outstanding Balance
$1,106,880
Interest Rate
5.89%
Mortgage Type
Seller Take Back
Estimated Equity
$134,301

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 27, 2022
Sold by
Wynn Gibson Joshua
Bought by
Gibson Naomi Spindel
Seller's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
List Price
$799,900
Sold Price
$875,000
Premium/Discount to List
$75,100
9.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
246.19%
Original Mortgage
$930,750
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 2, 2022
Sold by
Estela Martinez Revocable Trust
Bought by
Gibson Naomi Spindel
Seller's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
List Price
$799,900
Sold Price
$875,000
Premium/Discount to List
$75,100
9.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,750
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2019
Sold by
Martinez Estela
Bought by
Martinez Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
5.37%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 30, 2015
Sold by
Martinez Estela
Bought by
Martinez Estela and Estela Martinez Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,270,000 Equity Title
Deed -- Fidelity National Title
Grant Deed $875,000 Fidelity National Title
Interfamily Deed Transfer -- Wfg Title Co Of Ca
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,143,000 Seller Take Back
Previous Owner $930,750 New Conventional
Previous Owner $877,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $114,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $1,270,000 +18.1% $1,118 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $1,075,000 +22.9% $946 / Sq Ft
07/06/2022 07/06/22 Sold $875,000 +9.4% $625 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $799,900 -- $571 / 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
2024 $15,714 $1,295,400 $911,064 $384,336
2023 $15,488 $1,270,000 $893,200 $376,800
2022 $634 $40,321 $25,381 $14,940
2021 $618 $39,532 $24,884 $14,648
2019 $599 $38,361 $24,147 $14,214
2018 $539 $37,610 $23,674 $13,936
2016 $499 $36,151 $22,755 $13,396
2015 $492 $35,609 $22,414 $13,195
2014 -- $34,912 $21,975 $12,937
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22089946

California Regional Multiple Listing Service (CRMLS)

APN: 5453-008-025