NOT LISTED FOR SALE

Estimated Value: $991,000 - $1,211,000

3 Beds
2 Baths
1,290 Sq Ft
$850/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $825,000 $640 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,866/month

87 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Built-In Features
  • Double Shower
  • Garage
  • Double Vanity

About This Home

As of August 2020

Beautifully redone California Bungalow located on the north side of Leimert Park. This 3 bedroom, 2 bath home is alluring, enchanting and inviting. The sleek wooden front door with glass panels and stainless-steel hardware leads you into a living space that is drenched in natural sunlight & appealing appointments. There are high ceilings and recessed lighting throughout the house. The master bath has dual sinks and a shower made for two! This bathroom also has large format Italian made statuary Porcelain tiles. The kitchen counter tops are Quartz and the cabinet drawers have self-closing hinges. There is a breakfast bar, stainless steel appliances, a double sink, recessed lighting, and a dining area. There are also two-265-gallon rain barrels and a tank-less water heater. This property is near the Metro Rail, theaters, dining, shopping and parks that offer walking trails and breathtaking views. Easy access to Downtown LA, USC, Culver City, and the Santa Monica Fwy.

Last Agent to Sell the Property

Rhonda Payne

Rodeo Realty- Brentwood License #00959668 Listed on: 05/01/2020

Rodeo Realty- Brentwood

Last Buyer's Agent

Aletha Watson

A Watson Real Estate License #01411652

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,685

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 3,999 Sq Ft Lot
  • West Facing Home
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Double Vanity
  • Double Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5042-007-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,685

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1290
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Appliances: Built-Ins, Free Standing Gas, Oven-Gas, Range
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Remodeled
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Remodeled
  • Laundry: Inside, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 639.53

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 1 Car, Garage Is Detached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5042-007-030
  • Geocode Override: No
  • Lot Size Area: 3999

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Aug 26, 2020
Sold by
3742 South 4Th Ave Llc
Bought by
Olson Robert Andrew and Fuertes Gilbert Merlas
Seller's Agent
Rhonda Payne
Rodeo Realty- Brentwood
Buyer's Agent
Aletha Watson
A Watson Real Estate
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Current Estimated Value
$1,096,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,774
Avg. Annual Appreciation
5.88%
Original Mortgage
$742,500
Outstanding Balance
$660,414
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$437,006

Purchase Details

Closed on
Oct 7, 2019
Sold by
Farzadfar Pouya
Bought by
3724 South 4Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%

Purchase Details

Closed on
Sep 19, 2019
Sold by
Cohen Gilah
Bought by
Farzadfar Pouya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%

Purchase Details

Closed on
Aug 14, 2019
Sold by
Payne Stven
Bought by
Farzadfar Pouya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%

Purchase Details

Closed on
Aug 8, 2019
Sold by
Troutman Tiffani Payne
Bought by
Payne Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%

Purchase Details

Closed on
Dec 28, 2016
Sold by
Payne Steven
Bought by
Troutman Tiffani Payne and Betty J Payne Separate Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2003
Sold by
Payne Betty J
Bought by
Payne Betty J and The Betty J Payne Separate Property Tr
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
Olson Robert Andrew $825,000 California Title Company
3724 South 4Th Ave Llc -- None Available
Farzadfar Pouya -- California Title Company
Farzadfar Pouya $400,000 California Title Company
Payne Steven -- California Title Company
Troutman Tiffani Payne -- Chicago Title Company
Payne Steven -- Chicago Title Company
Payne Steven -- Chicago Title Company
Payne Betty J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Robert Andrew $742,500
Previous Owner Farzadfar Pouya $300,000
Previous Owner Payne Steven $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $825,000 0.0% $640 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $824,999 -2.9% $640 / Sq Ft
06/16/2020 06/16/20 Price Changed $849,999 -2.9% $659 / Sq Ft
05/01/2020 05/01/20 For Sale $875,000 -- $678 / 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 $10,685 $893,003 $684,528 $208,475
2024 $10,685 $875,494 $671,106 $204,388
2023 $10,480 $858,329 $657,948 $200,381
2022 $9,995 $841,500 $645,048 $196,452
2021 $9,819 $825,000 $632,400 $192,600
2020 $5,202 $416,400 $333,000 $83,400
2019 $460 $21,696 $15,354 $6,342
2018 $394 $21,271 $15,053 $6,218
2016 $375 $20,447 $14,469 $5,978
2015 $371 $20,141 $14,252 $5,889
2014 $384 $19,747 $13,973 $5,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-575290

The MLS

APN: 5042-007-030