2942 Chesapeake Ave Los Angeles, CA 90016
West Adams Neighborhood
4
Beds
2
Baths
1,628
Sq Ft
5,851
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- No HOA
- Home Office
- Craftsman Architecture
- Neighborhood Views
- 3-minute walk to Vineyard Recreational Center
About This Home
As of June 2017Newly renovated 1924 Craftsman Style single story bungalow home restored by Wright Way Builders. Renovations include an open flowing floor plan, new windows, new paint, new laminate flooring, new A/C and new lighting. The kitchen features beautiful blue cabinetry, stainless steal appliances, recessed lighting, quartz counter tops, bar top, floating shelves, and dual under mount sink. Each bedroom is generously sized and bathrooms feature custom subway and mosaic tiled showers with glass door enclosures. Exterior features include new sod, new fencing, and a long drive way with carport parking. Located near parks, schools, just minutes from downtown L.A., and easy freeway access.
Last Agent to Sell the Property
eXp Realty of California Inc License #01516355 Listed on: 03/23/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,137
Year Built
- Built in 1924
Lot Details
- 5,851 Sq Ft Lot
- Front Yard
- Property is zoned LAR1
Parking
- 1 Car Garage
- Carport
- Parking Available
Home Design
- Craftsman Architecture
Interior Spaces
- 1,628 Sq Ft Home
- Family Room
- Home Office
- Laminate Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
Outdoor Features
- Patio
- Front Porch
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 643
- Tax Tract Number 5780
- Assessor Parcel Number 5057018020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 11, 2020
Sold by
Ahmady Susan and Isom Marcus
Bought by
Isom Marcus
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2017
Sold by
Evergreen Investment Properties Llc
Bought by
Isom Marcus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 11, 2016
Closed on
Oct 11, 2016
Sold by
The Mary Louise Coleman Living Trust
Bought by
Evergreen Investment Properties Llc
Seller's Agent
Sibongile West
Justice Ray Realty
Buyer's Agent
Isaac Marroquin
Ayden Tyler Realty
List Price
$506,000
Sold Price
$500,000
Premium/Discount to List
-$6,000
-1.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Purchase Details
Closed on
Jan 14, 2008
Sold by
Coleman Mary Louise and The Roland Lee Sr & Mary Louis
Bought by
Coleman Mary Louise and The Mary Louise Coleman Living
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
3.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Jan 10, 2008
Sold by
Coleman Roland Lee and Coleman Mary Louise
Bought by
Coleman Mary Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
3.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Dec 14, 1998
Sold by
Coleman Roland Lee and Coleman Mary Louise
Bought by
The Roland Lee Sr & Mary Louise Coleman
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | $790,000 | First American Title Company | |
| Grant Deed | $500,000 | Fidelity Sherman Oaks | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $744,000 | New Conventional | |
| Closed | $745,000 | New Conventional | |
| Previous Owner | $632,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2017 06/06/17 | Sold | $790,000 | -1.2% | $485 / Sq Ft |
| 04/01/2017 04/01/17 | Pending | -- | -- | -- |
| 03/23/2017 03/23/17 | For Sale | $799,900 | +60.0% | $491 / Sq Ft |
| 10/25/2016 10/25/16 | Sold | $500,000 | -1.2% | $437 / Sq Ft |
| 10/04/2016 10/04/16 | Pending | -- | -- | -- |
| 10/01/2016 10/01/16 | For Sale | $506,000 | 0.0% | $442 / Sq Ft |
| 08/03/2016 08/03/16 | Pending | -- | -- | -- |
| 07/11/2016 07/11/16 | For Sale | $506,000 | -- | $442 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,137 | $898,881 | $557,534 | $341,347 |
| 2023 | $10,927 | $881,256 | $546,602 | $334,654 |
| 2022 | $10,426 | $863,978 | $535,885 | $328,093 |
| 2021 | $10,295 | $847,038 | $525,378 | $321,660 |
| 2019 | $9,990 | $821,916 | $509,796 | $312,120 |
| 2018 | $9,832 | $805,800 | $499,800 | $306,000 |
| 2016 | $556 | $38,804 | $20,684 | $18,120 |
| 2015 | $549 | $38,222 | $20,374 | $17,848 |
| 2014 | $562 | $37,474 | $19,975 | $17,499 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Thorman
Seller's Agent in 2017
Jason Thorman
eXp Realty of California Inc
(714) 931-0724
155 Total Sales
-
Jimmy Heckenberg
Buyer's Agent in 2017
Jimmy Heckenberg
Rodeo Realty
(310) 650-1116
1 in this area
162 Total Sales
-
S
Seller's Agent in 2016
Sibongile West
Justice Ray Realty
-
Deborah Justice
Seller Co-Listing Agent in 2016
Deborah Justice
Justice Ray Realty
(323) 935-2564
13 Total Sales
-
I
Buyer's Agent in 2016
Isaac Marroquin
Ayden Tyler Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17060956
APN: 5057-018-020
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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