NOT LISTED FOR SALE

Estimated Value: $1,144,000 - $1,262,503

3 Beds
2 Baths
1,565 Sq Ft
$762/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $900,000 $575 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,578/month

14 Days on Market

Highlights

  • Art Studio
  • Double Shower
  • Converted Garage
  • Abraham Lincoln High School Rated A
  • No HOA
  • Double Pane Windows

About This Home

As of October 2020

Welcome to Cypress Park, a hidden gem of California bungalows placed in perfect little rows at the base of Mt Washington. This remodeled 1922 beauty boasts an open 1,565 sq ft floorplan w/ oversized living, dining, and kitchen areas, 3 spacious bedrooms, 2 bathrooms + a detached 170 sq ft studio/home office. Master suite features French doors leading outside, a walk-in closet, and ensuite bath w/ dual shower. Reinforced & retrofitted foundation, newer roof & electrical, copper plumbing, central heat & a/c, private driveway w/ tandem parking for 3, enclosed xeriscaped yard w/ a spectacularly tasty Meyer lemon tree, mature pomelo trees, and a built-in fire pit under which to enjoy the stars. Minutes from all the action: shop in Silver Lake, people watch at the LA River, picnic at Elysian, hit the art walk in Highland Park, meet for dinner in DTLA, or skip it all & grab a pie to-go at Town Pizza's secret outpost right around the corner. Your dreamy eastside casita is calling!

Last Agent to Sell the Property

Heather Dunsmoor

The Good Life LA License #01943938 Listed on: 09/07/2020

Last Buyer's Agent

Mona Ghossein

Nourmand & Associates-HW License #01342592

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,642

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 5,363 Sq Ft Lot
  • Lot Dimensions are 40x134
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned LAR1

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • French Doors
  • Dining Room
  • Art Studio
  • Property Views

Kitchen

  • Oven or Range
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Double Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Converted Garage
  • Tandem Parking
  • Driveway

Outdoor Features

  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5454-030-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,642

Year Built

Built in 1922 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1565
  • Lot Acreage: 0.1231
  • Lot Dimensions: 40x134
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Remodeled, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Water Line to Refrigerator, Gas Dryer Hookup, Refrigerator, Vented Exhaust Fan, Range/Oven, Washer
  • Price Per S Q F T: 543.13
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Sprinkler System, French Doors, Partial Copper Plumbing
  • Other Structures: Other
  • Fence: Cedar Fence, Privacy
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway, Tandem
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Central, Air Conditioning
  • Heating: Central, Forced Air
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5454-030-026
  • Lot Description: Front Yard, Back Yard, Landscaped, Fenced
  • Lot Size Area: 5363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 26, 2020
Sold by
Varela Paul E and Varela Michelle M
Bought by
Devilly Simon James
Seller's Agent
Heather Dunsmoor
The Good Life LA
Buyer's Agent
Mona Ghossein
Nourmand & Associates-HW
List Price
$850,000
Sold Price
$900,000
Premium/Discount to List
$50,000
5.88%
Current Estimated Value
$1,192,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,876
Avg. Annual Appreciation
6.67%
Original Mortgage
$720,000
Outstanding Balance
$647,964
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$573,531

Purchase Details

Listed on
Jan 7, 2015
Closed on
Feb 1, 2015
Sold by
3 1415 Llc
Bought by
Varela Paul E and Varela Michelle M
Seller's Agent
Erwin DeLeon
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Heather D. Orozco
The Good Life LA
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$58,441
Interest Rate
3.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 11, 2014
Closed on
Mar 7, 2014
Sold by
The Amy & Eddie Cheng Living Trust
Bought by
31415 Llc
Seller's Agent
Nelson Sanchez
Century 21 A Better Service
Buyer's Agent
Nelson Sanchez
Century 21 A Better Service
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.71%
Original Mortgage
$438,000
Interest Rate
4.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 17, 2004
Sold by
Cheng Eddie
Bought by
The Amy & Eddie Cheng Living Trust

Purchase Details

Closed on
Mar 19, 1996
Sold by
Cheng Hui Xian Yu
Bought by
Cheng Eddie
Source: Public Records

Range of Values:

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Average Value
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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
Devilly Simon James $900,000 Equity Title Company
Varela Paul E $585,000 North American Title Company
31415 Llc $350,000 Fatcola
The Amy & Eddie Cheng Living Trust -- --
Cheng Eddie -- Provident Title
Cheng Eddie -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devilly Simon James $720,000
Previous Owner Varela Paul E $512,000
Previous Owner Varela Paul E $58,441
Previous Owner Varela Paul E $468,000
Previous Owner 31415 Llc $438,000
Previous Owner The Amy & Eddie Cheng Living Trust $200,000
Previous Owner Cheng Eddie $158,000
Previous Owner Cheng Eddie $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $900,000 +5.9% $575 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $850,000 +45.3% $543 / Sq Ft
02/27/2015 02/27/15 Sold $585,000 -2.3% $374 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $599,000 +71.1% $383 / Sq Ft
03/21/2014 03/21/14 Sold $350,000 0.0% $224 / Sq Ft
03/11/2014 03/11/14 For Sale $350,000 0.0% $224 / Sq Ft
02/28/2014 02/28/14 Off Market $350,000 -- --
02/28/2014 02/28/14 Pending -- -- --
02/19/2014 02/19/14 Price Changed $350,000 -12.5% $224 / Sq Ft
02/14/2014 02/14/14 For Sale $400,000 -- $256 / 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
2024 $11,642 $955,086 $764,069 $191,017
2023 $11,415 $936,360 $749,088 $187,272
2022 $10,878 $918,000 $734,400 $183,600
2021 $10,743 $900,000 $720,000 $180,000
2019 $7,564 $630,271 $431,063 $199,208
2018 $7,559 $617,913 $422,611 $195,302
2016 $7,805 $593,920 $406,201 $187,719
2015 $4,397 $356,992 $285,594 $71,398
2014 $2,175 $166,007 $141,391 $24,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-629032

The MLS

APN: 5454-030-026