$680,000
SOLD DEC 30, 2024
2 Beds
1 Bath
1,094 Sq Ft
3,440 Sq Ft Lot

Recently Sold

$622 Per Sq Ft

20% Below List Price

127 Days on Market

Highlights

  • Craftsman Architecture
  • Attic
  • Lawn
  • Wood Flooring
  • Corner Lot
  • No HOA

About This Home

As of December 2024

This house is a fixer last owned and occupied by an elderly couple who did not have the energy or ability to keep up with maintenance for many years. The property is located on the corner of Hobart and Oakwood - very convenient location that is close to shops and restaurants in Ktown. Much of the interior of the house has been demolished to eliminate outdated and worn carpets, appliances, fixtures, etc... The stripped condition provides a potential buyer with a great starting point for renovation work according to the buyer's imagination.

Last Agent to Sell the Property

John Baik

Beta One Realty & Investment Inc. License #01760765 Listed on: 10/07/2024

Last Buyer's Agent

Lorena Alvarado

Luxury Collective License #02023071

Luxury Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1925

Lot Details

  • 3,440 Sq Ft Lot
  • Lot Dimensions are 43x80
  • East Facing Home
  • Fenced Yard
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Manual Sprinklers System
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR3

Parking

  • 1 Car Garage

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,094 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Awning
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Window Bars
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Front Porch

Utilities

  • Central Air
  • Underground Utilities
  • Overhead Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5521-030-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,928

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Living Room
  • Living Area: 1094
  • Lot Acreage: 0.0790
  • Lot Dimensions: 43x80
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 658.14
  • Windows: Awning

Exterior Features

  • Direction Faces: East
  • Construction: Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Porch - Front, Awning
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Garage - 1 Car, Garage Is Detached
  • Total Parking: 1

Utilities

  • Water District: LADWP
  • Water Heater: Gas
  • Cooling: Central
  • Security: Window Bars
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Front, Manual
  • Horses: No
  • Assessor Parcel Number: 5521-030-010
  • Lot Description: Fenced Yard, Fenced, Back Yard, Curbs, Front Yard, Lawn, Lot-Level/Flat, Lot Shape-Rectangular, Sidewalks, Single Lot, Storm Drains, Street Asphalt, Street Lighting, Utilities - Overhead, Utilities Underground, Walk Street
  • Lot Location: Corner Lot
  • Lot Size Area: 3440

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Dec 20, 2024
Sold by
Chung Family Trust and Chung Susan Oksoo
Bought by
Satterwhite Lauren A
Seller's Agent
John Baik
Beta One Realty & Investment Inc.
Buyer's Agent
Lorena Alvarado
Luxury Collective
List Price
$849,000
Sold Price
$680,000
Premium/Discount to List
-$169,000
-19.91%
Views
100
Current Estimated Value
$760,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,608
Avg. Annual Appreciation
15.92%
Original Mortgage
$659,600
Outstanding Balance
$655,580
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$100,756

Purchase Details

Closed on
Sep 29, 2022
Sold by
Chung Henry S
Bought by
Chung Family Trust
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 Type Sale Price Title Company
Grant Deed $680,000 Lawyers Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $659,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $680,000 -5.6% $622 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $720,000 -15.2% $658 / Sq Ft
10/07/2024 10/07/24 For Sale $849,000 +24.9% $776 / Sq Ft
09/30/2024 09/30/24 Off Market $680,000 -- --
07/16/2024 07/16/24 For Sale $849,000 -- $776 / 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 $1,928 $680,000 $630,000 $50,000
2024 $1,928 $142,062 $83,470 $58,592
2023 $1,898 $139,278 $81,834 $57,444
2022 $1,819 $136,548 $80,230 $56,318
2021 $1,789 $133,871 $78,657 $55,214
2019 $1,740 $129,902 $76,325 $53,577
2018 $1,688 $127,356 $74,829 $52,527
2016 $1,607 $122,413 $71,924 $50,489
2015 $1,586 $120,575 $70,844 $49,731
2014 $1,601 $118,214 $69,457 $48,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-421121

The MLS

APN: 5521-030-010