NOT LISTED FOR SALE

3877 Welland Ave Los Angeles, CA 90008

Leimert Park Neighborhood

Estimated Value: $1,117,408 - $1,317,000

3 Beds
2 Baths
1,708 Sq Ft
$709/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $552,000 $323 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $7,256/month

30 Days on Market

Highlights

  • Living Room with Fireplace
  • Air Conditioning
  • Central Heating
  • Wood Flooring
  • Laundry Room
  • Dining Area

About This Home

As of May 2016

We are pleased to offer this fabulous opportunity in the highly sought after Leimert Park area. Perfect for the buyer looking to add value immediately by updating the floors, kitchen and bathrooms. This home has original hardwood floors throughout. As you enter, there is a spacious living room with a fireplace and a large bay window providing plenty of natural light. From there you walk into the formal dining room which flows right into the large family room that opens to the backyard. There is nice size kitchen which includes an eating area and is adjacent to a large laundry room. This space can be easily reconfigured or opened up to suit your taste. The three bedrooms have built-in closets and just need some paint and personal touches to make them feel like home. As you go outside from the family room you have a covered patio, ideal for an outdoor living space and a yard with an open grass area. There is also a two car garage at the end of the driveway. This is a great opportunity fo

Last Agent to Sell the Property

Jerome McAlpin

McAlpin & Company License #00939725 Listed on: 02/19/2016

Last Buyer's Agent

Debora Bright-Laney

Rodeo Realty License #01026315

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,008

Year Built

  • Built in 1941

Lot Details

  • 6,067 Sq Ft Lot
  • Property is zoned LAR1

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5034-002-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,008

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 1708
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 348.36

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5034-002-004
  • Geocode Override: No
  • Lot Size Area: 6067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 24, 2016
Sold by
Bohannon Esther L
Bought by
Jones Nathaniel and Jones Desiree Tillman
Seller's Agent
Jerome McAlpin
McAlpin & Company
Buyer's Agent
Debora Bright-Laney
Rodeo Realty
List Price
$595,000
Sold Price
$552,000
Premium/Discount to List
-$43,000
-7.23%
Current Estimated Value
$1,211,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,602
Avg. Annual Appreciation
8.55%
Original Mortgage
$441,600
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2016
Sold by
Bohannon Lela M
Bought by
Bohannon Esther L

Purchase Details

Closed on
Aug 26, 2015
Sold by
Lawrence Richard B
Bought by
Lawrence Richard B and Lawrence Family Trust 1996

Purchase Details

Closed on
Sep 17, 1996
Sold by
Lawrence Richard B
Bought by
Lawrence Richard B and Lawrence Jerolene M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Jones Nathaniel $552,000 Ortc
Bohannon Esther L -- None Available
Lawrence Richard B -- None Available
Lawrence Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Desiee Tillman $414,353
Closed Jones Nathaniel $441,600
Previous Owner Lawrence Richard B $110,000
Previous Owner Lawrence Richard B $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $552,000 -7.2% $323 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $595,000 -- $348 / 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 $8,008 $653,451 $522,762 $130,689
2024 $8,008 $640,639 $512,512 $128,127
2023 $7,859 $628,078 $502,463 $125,615
2022 $7,501 $615,763 $492,611 $123,152
2021 $7,403 $603,690 $482,952 $120,738
2019 $7,185 $585,785 $468,628 $117,157
2018 $7,102 $574,300 $459,440 $114,860
2016 $1,145 $85,595 $30,419 $55,176
2015 $1,130 $84,311 $29,963 $54,348
2014 $1,143 $82,661 $29,377 $53,284
Source: Public Records

Agents Affiliated with this Home

  • Jerome McAlpin

    Seller's Agent in 2016

    Jerome McAlpin

    McAlpin & Company

    (310) 902-8977

    1 in this area

    34 Total Sales

    Jerome McAlpin
    Section Image
  • Debora Bright-Laney

    Buyer's Agent in 2016

    Debora Bright-Laney

    Rodeo Realty

    (213) 361-1155

    1 in this area

    6 Total Sales

    Debora Bright-Laney
    Section Image
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Map

Source: The MLS

MLS Number: 16-982591

The MLS

APN: 5034-002-004

California Los Angeles County Los Angeles 90008 Leimert Park

3877 Welland Ave, Los Angeles, CA

This home is located at 3877 Welland Ave, Los Angeles, CA 90008 since 19 February 2016 and is currently estimated at $1,211,602, approximately $709 per square foot. This property was built in 1941. 3877 Welland 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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