NOT LISTED FOR SALE

Estimated Value: $1,277,000 - $1,687,540

2 Beds
2 Baths
1,600 Sq Ft
$892/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $888,000 $555 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,773/month

8 Days on Market

Highlights

  • 2 Car Garage
  • Built-In Features
  • Floor Furnace
  • John Marshall Senior High Rated A
  • Bungalow
  • 1-Story Property

About This Home

As of December 2018

Here's an awesome larger duplex with upside, including one unit delivered vacant, in prime Atwater Village, close to the Farmer's market, Club Tee Gee, Black Elephant Coffee, All' Acqua, Proof Bakery, and other great eats and shopping. Each unit has one bedroom, one bathroom. Vacant unit at 3438 has a fireplace and some newer dual-pane windows. There is an oversized kitchen, inside laundry potential, two single garages and an adjacent workshop/storage room, a large low maintenance yard, including fruit trees, extra off-street parking, huge stand-up attic, and some updated systems.

Last Agent to Sell the Property

Hattie Ramirez

Keller Williams Realty Los Feliz License #01055189 Listed on: 10/18/2018

Keller Williams Realty Los Feliz

Last Buyer's Agent

Anselm Clinard

Compass License #01872344

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,961

Year Built

  • Built in 1923

Lot Details

  • 6,752

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Driveway

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,752 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5437-006-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,961

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Here's an awesome larger duplex with upside, including one unit delivered vacant, in prime Atwater Village, close to the Farmer's market, Club Tee Gee, Black Elephant Coffee, All' Acqua, Proof Bakery, and other great eats and shopping. Each unit has one bedroom, one bathroom. Vacant unit at 3438 has a fireplace and some newer dual-pane windows. There is an oversized kitchen, inside laundry potential, two single garages and an adjacent workshop/storage room, a large low maintenance yard, including fruit trees, extra off-street parking, huge stand-up attic, and some updated systems.
  • Living Area: 1600
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven-Gas
  • Bedrooms: 2
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 515.63

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Concrete Slab
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Garage Structures: 1
  • Parking Garage: Driveway, Driveway - Concrete, Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 72761
  • Assessed Land Value: 147087
  • Assessor Parcel Number: 5437-006-004
  • Geocode Override: No
  • Lot Size Area: 6752

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 5385
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Oct 30, 2018
Sold by
Stadtfeld Ilona U and Petra Stadtfeld Living Trust
Bought by
Leung Michael and Leung Laurie Samantha
Seller's Agent
Hattie Ramirez
Keller Williams Realty Los Feliz
Buyer's Agent
Anselm Clinard
Compass
List Price
$825,000
Sold Price
$888,000
Premium/Discount to List
$63,000
7.64%
Current Estimated Value
$1,427,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,135
Avg. Annual Appreciation
6.98%
Original Mortgage
$532,800
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2003
Sold by
Stadtfeld Petra
Bought by
Stadtfeld Petra and The Petra Stadtfeld Living Trust

Purchase Details

Closed on
Jan 17, 2003
Sold by
Stadtfeld Petra and The Petra Stadtfeld Living Tru
Bought by
Stadfeld Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.97%

Purchase Details

Closed on
Feb 24, 1996
Sold by
Stadtfeld Petra
Bought by
Stadtfield Petra and The Petra Stadtfield Living Trust
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
Leung Michael $888,000 Fidelity National Title
Stadtfeld Petra -- --
Stadfeld Petra -- Stewart Title
Stadtfield Petra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Michael $828,700
Closed Leung Michael $535,000
Previous Owner Leung Michael $532,800
Previous Owner Stadfeld Petra $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $888,000 +7.6% $555 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $825,000 -- $516 / 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 $11,961 $990,575 $572,258 $418,317
2024 $11,961 $971,153 $561,038 $410,115
2023 $11,730 $952,112 $550,038 $402,074
2022 $11,186 $933,444 $539,253 $394,191
2021 $11,048 $915,142 $528,680 $386,462
2019 $10,800 $888,000 $513,000 $375,000
2018 $2,843 $224,244 $150,028 $74,216
2016 $2,703 $215,538 $144,203 $71,335
2015 $2,664 $212,301 $142,037 $70,264
2014 $2,685 $208,143 $139,255 $68,888
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: The MLS

MLS Number: 18-397064

The MLS

APN: 5437-006-004