NOT LISTED FOR SALE

3700 Cherrywood Ave Los Angeles, CA 90018

Leimert Park Neighborhood

Estimated Value: $1,186,432 - $1,387,000

3 Beds
2 Baths
1,327 Sq Ft
$976/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $905,000 $682 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,891/month

75 Days on Market

Highlights

  • Living Room with Fireplace
  • Gazebo
  • Laundry Room
  • No HOA
  • Built-In Features
  • Tile Flooring

About This Home

As of October 2020

Welcome to Desirable Leimert Park. Enjoy the cozy Living Room with Fireplace and Beautiful Floors. The Dinning area opens up to a Beautiful Gourmet Kitchen with all new Custom Cabinets, Quartz Counter Tops, Beautiful Back Splash, and Brand New Stainless Steel Appliances. This home features 3 Bedrooms and 2 Bathrooms, the Master Bedroom includes its own brand new Bathroom. As you step outside to a large Entertainer's Dream Backyard with Outdoor Kitchen including Bar, Grill, and Wide Screen TV for your entertaining. This Home has been completely remodeled with New Flooring, Recessed Lighting, Windows, Central Air & Heating, and Electrical. This Beauty was tastefully remodeled on a very nice street and is Centrally located to shopping, restaurants and the Metro Train Station. Easy to show and won't last!!!

Last Agent to Sell the Property

Melissa Knight

The Hills Premier Realty License #01184594 Listed on: 07/03/2020

Last Buyer's Agent

Theresa Ryan

Compass License #02003194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,923

Year Built

  • Built in 1940

Lot Details

  • 6,381 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Composition Roof

Interior Spaces

  • 1,327 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Gazebo
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5033-018-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,923

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 1327
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal
  • Price Per S Q F T: 678.22

Exterior Features

  • Other Structures: Gazebo, Other
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5033-018-025
  • Geocode Override: No
  • Lot Size Area: 6381

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Oct 6, 2020
Sold by
Freetown Holdings Company
Bought by
Munoz Omur M and Munoz Michael
Seller's Agent
Melissa Knight
The Hills Premier Realty
Buyer's Agent
Theresa Ryan
Compass
List Price
$849,000
Sold Price
$905,000
Premium/Discount to List
$56,000
6.6%
Current Estimated Value
$1,294,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,608
Avg. Annual Appreciation
7.18%
Original Mortgage
$600,000
Outstanding Balance
$537,274
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$735,673

Purchase Details

Closed on
Mar 28, 2019
Sold by
Stanfield Carlos G and The Stanfield Family Trust
Bought by
Freetown Holdings Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2004
Sold by
Stanfield Edwin B
Bought by
Stanfield Edwin B and Stanfield Family Trust

Purchase Details

Closed on
Mar 8, 1996
Sold by
Stanfield Odessa B
Bought by
Stanfield Edwin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.05%
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 Buyer Sale Price Title Company
Munoz Omur M $905,000 Stewart Title
Freetown Holdings Company $650,000 Stewart Title Of Ca Inc
Stanfield Edwin B -- --
Stanfield Edwin B -- --
Stanfield Edwin B -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Omur M $600,000
Previous Owner Freetown Holdings Company $552,500
Previous Owner Stanfield Edwin B $100,000
Previous Owner Stanfield Edwin B $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $905,000 +0.6% $682 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $899,999 +6.0% $678 / Sq Ft
07/03/2020 07/03/20 For Sale $849,000 -- $640 / 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 $11,923 $995,781 $783,679 $212,102
2024 $11,923 $976,257 $768,313 $207,944
2023 $11,695 $957,116 $753,249 $203,867
2022 $11,153 $938,350 $738,480 $199,870
2021 $10,839 $905,000 $724,000 $181,000
2020 $8,235 $663,000 $530,400 $132,600
2019 $897 $59,729 $35,137 $24,592
2018 $893 $58,559 $34,449 $24,110
2016 $795 $56,287 $33,112 $23,175
2015 $785 $55,442 $32,615 $22,827
2014 $798 $54,357 $31,977 $22,380
Source: Public Records

Agents Affiliated with this Home

  • Melissa Knight

    Seller's Agent in 2020

    Melissa Knight

    The Hills Premier Realty

    (310) 497-4125

    1 in this area

    36 Total Sales

    Melissa Knight
    Section Image

  • T

    Buyer's Agent in 2020

    Theresa Ryan

    Compass

  • T

    Buyer Co-Listing Agent in 2020

    Taya Dicarlo

    Compass

See All Agents

Map

Source: The MLS

MLS Number: 20-599512

The MLS

APN: 5033-018-025

California Los Angeles County Los Angeles 90018 Leimert Park

3700 Cherrywood Ave, Los Angeles, CA

This home is located at 3700 Cherrywood Ave, Los Angeles, CA 90018 since 03 July 2020 and is currently estimated at $1,294,608, approximately $975 per square foot. This property was built in 1940. 3700 Cherrywood Ave is a home located in Los Angeles County with nearby schools including Tom Bradley Global Awareness Magnet School, Audubon Middle School, and Susan Miller Dorsey Senior High School.

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