NOT LISTED FOR SALE

3242 Castle Heights Ave Los Angeles, CA 90034

Palms Neighborhood

Estimated Value: $1,663,000 - $2,028,000

3 Beds
3 Baths
2,020 Sq Ft
$908/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $1,750,000 $866 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,539/month

9 Days on Market

Highlights

  • Detached Guest House
  • Living Room with Fireplace
  • Wood Flooring
  • Castle Heights Elementary Rated A-
  • Recreation Room
  • Granite Countertops

About This Home

As of April 2024

Welcome to your dream home in the heart of Castle Heights, where comfort meets charm! This delightful haven offers 1400 sq ft of space, featuring 3 bedrooms and 2 bathrooms. And, as a bonus, there's a large 600 sq ft rec room that has its own bathroom perfect for creating memories with loved ones or converting into an ADU for grandparents or use for rental purposes. What makes it even better? Unlike most, this rec room doesn't compromise your 2-car garage. So, whether you fancy a spacious ADU or just need room for your cars, you've got options! Situated on an 8200 sq ft lot, this home seamlessly blends indoor and outdoor living for lazy summer BBQs and family-filled evenings in your backyard. Step inside to a warm formal living room with a large bay window and fireplace, setting the stage for cozy gatherings. The dining room complements the living space, creating an ideal setting for entertaining friends and family. Original hardwood floors add character throughout the home. The detached back-house/recreation room is a versatile space perfect for work, hosting guests, or unwinding. With a convenient 2-car detached garage, you'll have all the parking and storage you need. Close proximity to Castle Heights Elementary School, this home is perfect for families. It's not just a house; it's a treasure waiting to be discovered. Don't miss the chance to make it your own! Schedule a showing today your dream home is calling!

Last Agent to Sell the Property

Fincham April

eXp Realty of California Inc License #02131255 Listed on: 03/04/2024

eXp Realty of California Inc

Co-Listed By

Tam Case

eXp Realty of California Inc License #02164873

Last Buyer's Agent

Reza Badakhshan

Engel & Völkers Beverly Hills License #02131259

Engel & Völkers Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,447

Year Built

  • Built in 1938

Lot Details

  • 8,200 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Vinyl Fence
  • Sprinkler System
  • Property is zoned LAR1

Home Design

  • Bungalow
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Recreation Room

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Oven
  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4311-007-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,447

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 2020
  • Lot Acreage: 0.1608
  • Lot Dimensions: 50x140
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Recessed Lighting, Crown Moldings
  • Fireplace Rooms: Living Room, Gas, Wood Burning
  • Flooring: Hardwood, Ceramic Tile
  • Appliances: Gas/Electric Range, Microwave, Oven, Range Hood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Shower Over Tub, Shower Stall, Double Vanity(s)
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Granite Counters, Galley Kitchen, Counter Top
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Washer, Water Line to Refrigerator, Stackable W/D Hookup, Refrigerator, Range/Oven, Microwave, Gas Or Electric Dryer Hookup, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 891.09
  • Windows: Window Blinds

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Vinyl
  • Guest House: Detached
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4311-007-020
  • Lot Size Area: 8200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 6, 2024
Sold by
Jonathan/Colleen Gaines Living Trust and Gaines Colleen Kay
Bought by
Victor Seth and Victor Gabriella
Seller's Agent
Fincham April
eXp Realty of California Inc
Buyer's Agent
Reza Badakhshan
Engel & Völkers Beverly Hills
List Price
$1,799,999
Sold Price
$1,750,000
Premium/Discount to List
-$49,999
-2.78%
Views
55
Current Estimated Value
$1,834,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,383
Avg. Annual Appreciation
3.61%
Original Mortgage
$1,574,825
Outstanding Balance
$1,554,418
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$284,658

Purchase Details

Closed on
May 25, 2017
Sold by
Gaines Colleen
Bought by
Gaines Colleen Kay and Gaines Jonathan Matthew

Purchase Details

Closed on
Nov 29, 2001
Sold by
Gaines Jonathan
Bought by
Gaines Jonathan and Gaines Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 4, 2001
Sold by
Gaines Colleen
Bought by
Gaines Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 3, 1998
Sold by
Wollman Jerome S
Bought by
Gaines Jonathan and Gaines Coleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Victor Seth $1,750,000 Fidelity National Title
Gaines Colleen Kay -- None Available
Gaines Jonathan -- First American Title Ins Co
Gaines Jonathan -- First American Title
Gaines Jonathan $355,000 Chicago Title Insurance Co
Wollman Jerome S -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victor Seth $1,574,825
Previous Owner Gaines Jonathan $312,400
Previous Owner Gaines Jonathan $350,000
Previous Owner Gaines Jonathan $200,000
Previous Owner Gaines Jonathan $150,000
Previous Owner Gaines Jonathan $100,000
Previous Owner Gaines Jonathan $360,000
Previous Owner Gaines Jonathan $50,000
Previous Owner Gaines Jonathan $357,000
Previous Owner Gaines Jonathan $355,000
Closed Gaines Jonathan $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $1,750,000 -2.8% $866 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $1,799,999 0.0% $891 / Sq Ft
02/25/2024 02/25/24 Price Changed $1,799,999 -- $891 / 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 $7,447 $1,785,000 $1,660,764 $124,236
2024 $7,447 $599,321 $303,233 $296,088
2023 $7,308 $587,571 $297,288 $290,283
2022 $6,977 $576,051 $291,459 $284,592
2021 $6,885 $564,757 $285,745 $279,012
2019 $6,682 $548,009 $277,271 $270,738
2018 $6,567 $537,265 $271,835 $265,430
2016 $6,275 $516,404 $261,280 $255,124
2015 $6,184 $508,648 $257,356 $251,292
2014 $6,210 $498,685 $252,315 $246,370
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-359939

The MLS

APN: 4311-007-020