NOT LISTED FOR SALE

Estimated Value: $1,282,000 - $2,016,236

4 Beds
2 Baths
1,730 Sq Ft
$962/Sq Ft Est. Value

Last Sold December 11, 2012

Last sale price $700,000 $405 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $10,077/month

16 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Detached Garage
  • 1-Story Property
  • Culver City Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2012

Hard to find duplex on a 50' X 150' corner lot. Rear unit (3909) is quite large with a big master bedroom with a 1/2 bath, plus two more bedrooms. Living room and dining area with recess lights and updated windows. Granite counter tops in kitchen. Forced air heating and air conditioning. Front unit (3907) is a large single with separate entrance. Flexible property since single could be converted back to a 1 or 2 bedroom apartment. Three detached garages. RMD zoning allows for future redevelopment on this corner site.

Last Agent to Sell the Property

Dannie Cavanaugh

Cavanaugh Realtors License #00576151 Listed on: 09/27/2012

Last Buyer's Agent

Sue Krajchir

Compass License #1031228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,092

Year Built

  • Built in 1949

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,730 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 4213-002-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,092

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1730
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 432.95

Exterior Features

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

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Detached, Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Value: 29830
  • Assessed Land Value: 56048
  • Assessor Parcel Number: 4213-002-018
  • Lot Size Area: 7500

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2012
Closed on
Nov 1, 2012
Sold by
Arditte Leo U and Arditte Zelda
Bought by
Clearway Ajae and Ajae Clearway Separate Property Trust
Seller's Agent
Dannie Cavanaugh
Cavanaugh Realtors
Buyer's Agent
Sue Krajchir
Compass
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$1,664,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$964,309
Avg. Annual Appreciation
6.33%
Original Mortgage
$350,000
Interest Rate
3.36%
Mortgage Type
New Conventional
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
Clearway Ajae $700,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clearway Ajae $250,000
Closed Clearway Ajae $350,000
Previous Owner Arditte Leo U $250,000
Previous Owner Arditte Leo U $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2012 12/11/12 Sold $700,000 -6.5% $405 / Sq Ft
10/13/2012 10/13/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $749,000 -- $433 / 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 $12,092 $861,988 $603,394 $258,594
2024 $12,092 $845,087 $591,563 $253,524
2023 $11,636 $828,517 $579,964 $248,553
2022 $11,061 $812,273 $568,593 $243,680
2021 $10,966 $796,347 $557,445 $238,902
2019 $10,463 $772,729 $540,912 $231,817
2018 $10,188 $757,578 $530,306 $227,272
2016 $9,607 $728,162 $509,714 $218,448
2015 $9,473 $717,225 $502,058 $215,167
2014 $9,414 $703,177 $492,224 $210,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-626891

The MLS

APN: 4213-002-018