3041 Somerset Dr Los Angeles, CA 90016
West Adams Neighborhood
4
Beds
3
Baths
2,009
Sq Ft
5,039
Sq Ft Lot
Highlights
- Detached Guest House
- Wood Flooring
- Stone Countertops
- Mountain View
- Spanish Architecture
- No HOA
About This Home
As of July 2020This picture perfect Modern Spanish home with fully permitted separate ADU awaits you in the heart of West Adams. Beautiful arabesque saltillo tile line the walkway and porch leading up to the smooth stucco exterior and custom hand made arched door. Vaulted ceilings in entryway, large arched window, and wide oak flooring throughout, provide plenty of natural lighting and charm. The modern kitchen features custom-made white oak kitchen cabinets + waterfall marble countertops + farmhouse sink+ Bertazzoni refrigerator & Stove. Spacious master bedroom features vaulted ceiling + his/her own closets + double doors leading out to back porch. Large master bath features dual vanity w/marble top + soaking tub and stand up shower. Newly built ADU features white oak flooring throughout in kitchenette with washer/dryer hookups + mini split heating /Air. Home was completely rebuilt except for one wall and has all new framing, foundation, electrical, plumbing and all systems new. Minutes to Mizlala, Alta Adams, Highly Likely, Adams Coffee, La Brea/Jefferson expo line - DTLA - Santa Monica
Last Agent to Sell the Property
Cal American Homes License #01886422 Listed on: 06/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,738
Year Built
- Built in 2019
Lot Details
- 5,039 Sq Ft Lot
- Sprinklers on Timer
- Property is zoned LARD1.5
Property Views
- Mountain
- Neighborhood
Home Design
- Spanish Architecture
- Clay Roof
Interior Spaces
- 2,009 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
Parking
- Parking Available
- Paved Parking
Utilities
- High Efficiency Air Conditioning
- Central Heating and Cooling System
Additional Features
- Detached Guest House
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 213
- Tax Tract Number 5780
- Assessor Parcel Number 5050029052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2020
Closed on
Jun 18, 2020
Sold by
Premier Asset Holdings Llc
Bought by
Sacknoff Gabrielle
Seller's Agent
Matthew Salib
Cal American Homes
Buyer's Agent
Aaron Bernbach
Keller Williams Beverly Hills
List Price
$1,299,999
Sold Price
$1,375,000
Premium/Discount to List
$75,001
5.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,618
Avg. Annual Appreciation
3.44%
Original Mortgage
$475,000
Outstanding Balance
$422,907
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,210,975
Purchase Details
Closed on
Sep 10, 2018
Sold by
Ifg Investment Group Llc
Bought by
Premier Asset Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 9, 2015
Closed on
Feb 26, 2016
Sold by
Adams Marvin
Bought by
Ifg Investment Group Llc
Seller's Agent
Kellie Battle
Source Financial
Buyer's Agent
Kellie Battle
Source Financial
List Price
$125,000
Sold Price
$190,000
Premium/Discount to List
$65,000
52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.42%
Original Mortgage
$215,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 9, 2015
Closed on
Jan 26, 2016
Sold by
Adams Marvin
Bought by
Adams Marvin and Adams Valerie
Seller's Agent
Kellie Battle
Source Financial
Buyer's Agent
Kellie Battle
Source Financial
List Price
$125,000
Sold Price
$190,000
Premium/Discount to List
$65,000
52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 16, 2013
Sold by
Adams Raymond
Bought by
Adams Marvin and Adams Valerie
Purchase Details
Closed on
May 26, 2006
Sold by
Adams Raymond and Adams Marvin
Bought by
Adams Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 15, 2005
Sold by
Adams Marvin and Adams Valerie
Bought by
Adams Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Los Angeles, CA
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 |
|---|---|---|---|
| Grant Deed | $1,375,000 | Provident Title Company | |
| Grant Deed | $550,000 | Provident Title Company | |
| Grant Deed | $190,000 | Netco Title Company | |
| Interfamily Deed Transfer | -- | Netco Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $475,000 | New Conventional | |
| Previous Owner | $769,044 | Construction | |
| Previous Owner | $495,000 | Purchase Money Mortgage | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $15,000 | Unknown | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $215,000 | Purchase Money Mortgage | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $350,000 | Purchase Money Mortgage | |
| Previous Owner | $166,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2020 07/24/20 | Sold | $1,375,000 | +5.8% | $684 / Sq Ft |
| 06/17/2020 06/17/20 | Pending | -- | -- | -- |
| 06/12/2020 06/12/20 | For Sale | $1,299,999 | +300.0% | $647 / Sq Ft |
| 10/13/2016 10/13/16 | Sold | $325,000 | 0.0% | $224 / Sq Ft |
| 09/13/2016 09/13/16 | Pending | -- | -- | -- |
| 09/09/2016 09/09/16 | For Sale | $325,000 | +71.1% | $224 / Sq Ft |
| 03/01/2016 03/01/16 | Sold | $190,000 | +52.0% | $131 / Sq Ft |
| 10/12/2015 10/12/15 | Pending | -- | -- | -- |
| 10/09/2015 10/09/15 | For Sale | $125,000 | -- | $86 / 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 |
|---|---|---|---|---|
| 2025 | $17,738 | $1,488,342 | $1,055,370 | $432,972 |
| 2024 | $17,738 | $1,459,160 | $1,034,677 | $424,483 |
| 2023 | $17,394 | $1,430,550 | $1,014,390 | $416,160 |
| 2022 | $16,583 | $1,402,500 | $994,500 | $408,000 |
| 2021 | $16,378 | $1,375,000 | $975,000 | $400,000 |
| 2020 | $10,076 | $561,000 | $561,000 | $0 |
| 2019 | $7,265 | $550,000 | $550,000 | $0 |
| 2018 | $5,322 | $428,332 | $299,843 | $128,489 |
| 2016 | $4,579 | $369,282 | $265,259 | $104,023 |
| 2015 | $4,513 | $363,736 | $261,275 | $102,461 |
| 2014 | $4,536 | $356,611 | $256,157 | $100,454 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Salib
Seller's Agent in 2020
Matthew Salib
Cal American Homes
(818) 395-6318
1 in this area
69 Total Sales
-
Aaron Bernbach
A
Buyer's Agent in 2020
Aaron Bernbach
Keller Williams Beverly Hills
(781) 330-2142
2 Total Sales
-
Devin McNichol
Buyer Co-Listing Agent in 2020
Devin McNichol
Keller Williams Beverly Hills
(424) 835-1470
3 in this area
104 Total Sales
-
K
Seller's Agent in 2016
Kellie Battle
Source Financial
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20113962
APN: 5050-029-052
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