NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,551,000

12 Beds
5 Baths
3,855 Sq Ft
$338/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $555,000 $144 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $7,779/month

202 Days on Market

About This Home

As of March 2016

This is a spacious 2 story 12 bedroom, 5 bath home that was being used as a nursing home. There are many possibilities here for multi-family use or could be divided into 3 large separate living quarters, can also be used as a group home, sober living house and more. The property is completely fenced with a 2 car garage and carport in the back. Walking distance to Metro and USC adjacent. See Private Remarks for showing instructions.

Last Agent to Sell the Property

Soji Adesida

Estate Properties License #01047685 Listed on: 08/18/2015

Last Buyer's Agent

Liset Torres

License #01835455

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,207

Year Built

  • Built in 1926

Lot Details

  • 5,800 Sq Ft Lot

Interior Spaces

  • 3,855 Sq Ft Home
  • 1-Story Property
  • Alarm System

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Listing and Financial Details

  • Assessor Parcel Number 5044-012-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,207

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3855
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 149.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

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

Lot Info

  • Assessed Improvement Value: 240280
  • Assessed Land Value: 24965
  • Assessor Parcel Number: 5044-012-023
  • Geocode Override: No
  • Lot Size Area: 5800

Multi Family

  • Unit Type: 2106
  • Number Of Units: 1
  • Total Annual Expense: 0
  • Type Of Units: High
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2016
Sold by
Culpepper Cossi
Bought by
Broom Walter Edward and Broom Aletheia Edrica
Current Estimated Value
$1,304,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,208
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2015
Sold by
Culpepper Cossie
Bought by
The Cossie Culpepper Jr & Clara Jean Cul

Purchase Details

Closed on
Feb 18, 2009
Sold by
Culpepper Cossie and Culpepper Clara J
Bought by
Culpepper Cossie
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
Broom Walter Edward $555,000 Progressive Title
The Cossie Culpepper Jr & Clara Jean Cul -- None Available
Culpepper Cossie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broom Walter Edward $627,288
Previous Owner Broom Walter Edward $636,208
Previous Owner Culpepper Cossie $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $555,000 -3.5% $144 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
08/18/2015 08/18/15 For Sale $575,000 -- $149 / 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 $8,207 $657,002 $473,516 $183,486
2024 $8,207 $644,121 $464,232 $179,889
2023 $8,057 $631,492 $455,130 $176,362
2022 $7,695 $619,110 $446,206 $172,904
2021 $7,580 $606,971 $437,457 $169,514
2019 $7,359 $588,970 $424,483 $164,487
2018 $7,248 $577,422 $416,160 $161,262
2016 $3,557 $274,668 $25,851 $248,817
2015 $3,508 $270,543 $25,463 $245,080
2014 $3,528 $265,245 $24,965 $240,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-933883

The MLS

APN: 5044-012-023