NOT LISTED FOR SALE

Estimated Value: $1,956,000 - $2,247,000

3 Beds
2.5 Baths
1,795 Sq Ft
$1,156/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $1,680,000 $936 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $13,494/month

15 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • No HOA
  • Franklin Avenue Elementary Rated A-
  • Wood Flooring
  • Den

About This Home

As of March 2020

Perched high above the city, this updated 1937 Traditional offers sweeping views of Los Angeles. Recessed lighting and an opened up floor plan make the home feel contemporary, bright, and excellent for entertaining. The remodeled kitchen and baths feature a clean and versatile aesthetic that feels both timeless and current. A spacious master suite opens onto a cozy back patio that's tucked just below a flat, grassy yard that offers plenty of peace and quiet. The expansive front balcony allows you to take in seemingly endless views of the city lights below. 3881 Franklin Ave is situated in the coveted Franklin Hills, home to lauded public schools and just up the hill from some of the city's most beloved restaurants, bars, and shops.

Last Agent to Sell the Property

Steve Clark

Backbeat Homes License #01482283 Listed on: 02/20/2020

Last Buyer's Agent

Emmanuel Xuereb

Compass License #01845114

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,845

Year Built

  • Built in 1937

Lot Details

  • 4,841 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City Lights
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,795 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5433-011-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,845

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1795
  • Stories: 1
  • Year Built: 1937
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Wood Burning
  • Flooring: Ceramic Tile, Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 835.10

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5433-011-023
  • Geocode Override: No
  • Lot Size Area: 4841

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Mar 16, 2020
Sold by
Gyllo Niklas and Wehausen Danice M
Bought by
Deixler Bert and Swala Leslle
Seller's Agent
Steve Clark
Backbeat Homes
Buyer's Agent
Emmanuel Xuereb
Compass
List Price
$1,499,000
Sold Price
$1,680,000
Premium/Discount to List
$181,000
12.07%
Current Estimated Value
$2,132,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,151
Avg. Annual Appreciation
4.00%
Original Mortgage
$1,000,000
Outstanding Balance
$887,798
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,188,116

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 31, 2015
Sold by
Socal Better Homes Llc
Bought by
Gyllo Niklas and Wehausen Denice M
Seller's Agent
Ryan H. Sarkissian
eXp Realty of California Inc
List Price
$1,395,000
Sold Price
$1,435,000
Premium/Discount to List
$40,000
2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$985,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 6, 2014
Closed on
Mar 18, 2014
Sold by
Riley Olga A
Bought by
Socal Better Homes Llc
Seller's Agent
Matthew OKeefe
Compass
Buyer's Agent
Karen Troop
List Price
$760,000
Sold Price
$955,000
Premium/Discount to List
$195,000
25.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.88%
Original Mortgage
$195,000
Interest Rate
4.32%
Mortgage Type
Unknown
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
Deixler Bert $1,680,000 Lawyers Title
Gyllo Niklas $1,435,000 Consumers Title Company
Socal Better Homes Llc $955,000 Consumer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deixler Bert $1,000,000
Previous Owner Gyllo Niklas $985,000
Previous Owner Ranta Curt $80,000
Previous Owner Socal Better Homes Llc $195,000
Previous Owner Socal Better Homes Llc $845,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $1,680,000 +12.1% $936 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $1,499,000 +4.5% $835 / Sq Ft
04/10/2015 04/10/15 Sold $1,435,000 +2.9% $799 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $1,395,000 +46.1% $777 / Sq Ft
04/15/2014 04/15/14 Sold $955,000 +25.7% $532 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $760,000 -- $423 / 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 $21,845 $1,837,319 $1,469,857 $367,462
2024 $21,845 $1,801,294 $1,441,037 $360,257
2023 $21,416 $1,765,976 $1,412,782 $353,194
2022 $20,410 $1,731,350 $1,385,081 $346,269
2021 $20,165 $1,697,403 $1,357,923 $339,480
2020 $19,137 $1,576,971 $1,022,450 $554,521
2019 $18,368 $1,546,051 $1,002,402 $543,649
2018 $18,281 $1,515,738 $982,748 $532,990
2016 $17,569 $1,456,883 $944,588 $512,295
2015 $11,816 $974,080 $779,264 $194,816
2014 $1,385 $102,956 $42,176 $60,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-555596

The MLS

APN: 5433-011-023