NOT LISTED FOR SALE

3514 Michigan Ave Los Angeles, CA 90063

Estimated Value: $794,000 - $948,000

5 Beds
3 Baths
1,908 Sq Ft
$448/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $615,000 $322 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,503/month

11 Days on Market

Highlights

  • Laundry Room
  • James A. Garfield Senior High School Rated A
  • Central Heating and Cooling System

About This Home

As of August 2017

Honey stop the car!!!! Ideal property for owner to live in front house, which consists of 3 large bedrooms, two bathrooms, a laundry room, central AC/heat and recess lighting. New flooring and paint throughout with quartz countertops. The back house is a beautiful totally rehabbed 2 bedroom and one bath house to help out with the mortgage! Long driveway for all the family cars! Super easy to show and sellers are motivated!

Last Agent to Sell the Property

JOSE DEL RIO

HACIENDA PROPERTIES License #00672876 Listed on: 06/01/2017

Last Buyer's Agent

PRISCILLA DEL RIO

DEL RIO REALTY GROUP License #01904744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,396

Year Built

  • Built in 1908

Lot Details

  • 6,413 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,908 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Additional Features

  • Laundry Room
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 5232013032

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,396

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR2*
  • Property Type: Residential Income
  • Parcel Number: 5232013032
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 322.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6413.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5311.01
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jul 28, 2017
Sold by
Delrio Jose and Delrio Del Rio
Bought by
Patel Mukeshkumar N and Patel Manishaben M
Seller's Agent
JOSE DEL RIO
HACIENDA PROPERTIES
Buyer's Agent
PRISCILLA DEL RIO
DEL RIO REALTY GROUP
List Price
$629,000
Sold Price
$615,000
Premium/Discount to List
-$14,000
-2.23%
Current Estimated Value
$854,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,656
Avg. Annual Appreciation
4.20%
Original Mortgage
$484,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jun 27, 2016
Sold by
Gilmartin Diane Tobias and Gilmartin Trust
Bought by
Delrio Jose and Delrio Del Rio
Seller's Agent
RUBEN ARROYO
SOUTHLAND FINANCIAL GROUP
Buyer's Agent
PRISCILLA DEL RIO
DEL RIO REALTY GROUP
List Price
$445,000
Sold Price
$432,500
Premium/Discount to List
-$12,500
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.54%

Purchase Details

Closed on
May 7, 2014
Sold by
Gilmartin Diane T
Bought by
Gilmartin Diane Tobias and The Gilmartin Trust

Purchase Details

Closed on
Sep 5, 2008
Sold by
Gilmartin Diane Tobias and Gilmartin Trust
Bought by
Gilmartin James M and Gilmartin Diane T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Gilmartin Diane T
Bought by
Gilmartin Diane Tobias and The Gilmartin Trust

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
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2001
Sold by
Gilmartin Diane and Gilmartin Diane Tobias
Bought by
Gilmartin Diane Tobias and The Gilmartin Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patel Mukeshkumar N $615,000 Wfg National Title Company
Delrio Jose $432,500 Fidelity National Title Co
Gilmartin Diane Tobias -- None Available
Gilmartin James M -- Security Union Title Company
Gilmartin Diane Tobias -- Gateway Title Company
Gilmartin Diane T -- Gateway Title Company
Gilmartin Diane Tobias -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mukeshkumar N $460,000
Closed Patel Mukeshkumar N $484,000
Previous Owner Gilmartin James M $379,250
Previous Owner Gilmartin James M $392,000
Previous Owner Gilmartin Diane T $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $615,000 -2.2% $322 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $629,000 +45.4% $330 / Sq Ft
07/05/2016 07/05/16 Sold $432,500 -2.8% $227 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $445,000 -- $233 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,396 $699,759 $279,903 $419,856
2024 $9,396 $686,039 $274,415 $411,624
2023 $9,423 $672,588 $269,035 $403,553
2022 $9,001 $659,401 $263,760 $395,641
2021 $8,901 $646,473 $258,589 $387,884
2020 $8,965 $639,845 $255,938 $383,907
2019 $8,640 $627,300 $250,920 $376,380
2018 $8,498 $615,000 $246,000 $369,000
2016 $2,253 $83,830 $15,096 $68,734
2015 $2,230 $82,572 $14,870 $67,702
2014 $2,239 $80,955 $14,579 $66,376
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JOSE DEL RIO

    HACIENDA PROPERTIES

    (323) 726-9646

    1 in this area

    7 Total Sales

    Section Image

  • P

    Buyer's Agent in 2017

    PRISCILLA DEL RIO

    DEL RIO REALTY GROUP

    (323) 726-9646

    4 in this area

    19 Total Sales

    Section Image

  • R

    Seller's Agent in 2016

    RUBEN ARROYO

    SOUTHLAND FINANCIAL GROUP

    (626) 339-2868

    1 in this area

    2 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17122296

California Regional Multiple Listing Service (CRMLS)

APN: 5232-013-032

California Los Angeles County Los Angeles 90063

3514 Michigan Ave, Los Angeles, CA

This home is located at 3514 Michigan Ave, Los Angeles, CA 90063 since 01 June 2017 and is currently estimated at $854,656, approximately $447 per square foot. This property was built in 1908. 3514 Michigan Ave is a home located in Los Angeles County with nearby schools including Belvedere Elementary School, Belvedere Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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