NOT LISTED FOR SALE

Estimated Value: $771,000 - $1,649,000

1 Bed
1 Bath
580 Sq Ft
5,663 Sq Ft Lot

Last Sold May 09, 2019

Last sale price $435,000 $750 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $8,856/month

About This Home

As of May 2019

Charm abounds in this elegant, 1940's home with vintage features and modern convenience. A sensible floor plan provides dual entry for easy outdoor flow and plenty of elbow room. Original cabinetry and butcher block countertops in the updated kitchen with a breakfast nook. The living room with original hardwood floors, an abundance of light through original steel casement windows, an ample bedroom with generous sized closets and a simple and roomy penny tile bath. Enjoy al fresco dinners at home in the spacious and lush common yard with drought tolerant landscaping under the stars. Amenities include an exclusive side patio area, 1 car garage and laundry in unit. Come home to this urban oasis with easy access to shops in Virgil Village, steps from Sqrl, Jewel, Roam. Central to Silver Lake and East Hollywood. This is a TIC sale.

Last Agent to Sell the Property

Elizabeth McDonald

TRG Real Estate Co., Inc. License #01449897 Listed on: 05/02/2019

Co-Listed By

Cristina Brow

TRG Real Estate Co., Inc. License #01964062

Last Buyer's Agent

Lucy Mao

License #01779052

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,715

Year Built

1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Style: Traditional
  • Levels: Ground Level
  • Entry Location: Ground Level w/steps
  • Unit Location: End
  • Exposure: South
  • Advertising Remarks: Charm abounds in this elegant, 1940's home with vintage features and modern convenience. A sensible floor plan provides dual entry for easy outdoor flow and plenty of elbow room. Original cabinetry and butcher block countertops in the updated kitchen with a breakfast nook. The living room with original hardwood floors, an abundance of light through original steel casement windows, an ample bedroom with generous sized closets and a simple and roomy penny tile bath. Enjoy al fresco dinners at home in the spacious and lush common yard with drought tolerant landscaping under the stars. Amenities include an exclusive side patio area, 1 car garage and laundry in unit. Come home to this urban oasis with easy access to shops in Virgil Village, steps from Sqrl, Jewel, Roam. Central to Silver Lake and East Hollywood. This is a TIC sale.
  • Building Type: Attached
  • Year Built: 1941
  • Price Per Sq Ft: 741.38
  • Unit Floor In Building: 1
  • Special Features: None

Interior Features

  • Equipment: Gas Dryer Hookup, Stackable W/D Hookup
  • Flooring: Tile, Wood
  • Number Of Remote Controls: 1
  • Interior Amenities: Built-Ins, Common Walls, Turnkey
  • Bedrooms: 1
  • Full Bathroom: 1
  • Bathroom Features: Remodeled, Shower Over Tub, Tile
  • Total Bathrooms: 1.00
  • Eating Areas: Breakfast Area, Breakfast Nook, In Kitchen, Living Room
  • Kitchen Features: Remodeled
  • Laundry: In Kitchen, In Unit, Inside, Laundry Area
  • Living Area: 580

Exterior Features

  • Direction Faces: South
  • Entry Floor: 1
  • Stories: 1
  • View: City, City Lights, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Details: Attached, Door Opener, Garage - 1 Car, Private Garage
  • Garage Spaces: 1
  • Total Parking: 1
  • Covered Parking: 1

Utilities

  • Water District: LADWP
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Cooling: Air Conditioning, Wall/Window
  • Heating: Wall
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 225.00
  • Complex Name: 3905-3911 Melrose HOA
  • HOA: Yes
  • Amenities: Outdoor Cooking Area, Picnic Area

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Zoning: LARD1.5
  • Special Zoning: Rent Control
  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 5702
  • Lot Description: Fenced Yard, Landscaped, Sidewalks, Walk Street, Yard

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2019
Sold by
Hangar Holdco Lp
Bought by
Hammer Mark Robert and Atik Chiara Giulia
Current Estimated Value
$1,232,000

Purchase Details

Listed on
May 2, 2019
Closed on
May 7, 2019
Sold by
Hangar Holdco Lp
Bought by
Silverman Carly Ann
Seller's Agent
Elizabeth McDonald
TRG Real Estate Co., Inc.
Buyer's Agent
Lucy Mao
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
Original Mortgage
$344,800
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 2, 2019
Closed on
Mar 26, 2019
Sold by
Hangar Holdco Lp
Bought by
Hammer Mark Robert and Atik Chiara Giulia
Seller's Agent
Elizabeth McDonald
TRG Real Estate Co., Inc.
Buyer's Agent
Lucy Mao
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,800
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2019
Sold by
Hangar Holdco Lp
Bought by
Ullman Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,800
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2019
Sold by
Shishido Shirley Teruko and The Shishido Trust
Bought by
Hanger Holdco Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 13, 2018
Closed on
Jul 31, 2018
Sold by
Shishido Shirley Teruko and The Shishido Trust
Bought by
Hanger Holdco Lp
Seller's Agent
Gary Tani
Coldwell Banker Spectrum
Buyer's Agent
Lucas Miranda
Keller Williams World Media Cn
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$1,094,571
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 1994
Sold by
Shishido Shirley Teruko and Shishido Trust
Bought by
Shishido Shirley Teruko and Shishido Trust
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
Hammer Mark Robert -- Lawyers Title Company
Silverman Carly Ann $435,000 Lawyers Title Company
Hammer Mark Robert $435,000 Lawyers Title Company
Ullman Sarah E $436,000 Lawyers Title Company
Alexander Andrew Tauber $430,000 Lawyers Title Insurance Comp
Hanger Holdco Lp $1,100,000 Provident Title Co
Hanger Holdco Lp $1,100,000 Provident Title Company
Shishido Shirley Teruko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverman Carly Ann $345,000
Previous Owner Silverman Carly Ann $344,800
Previous Owner Alexander Andrew Tauber $387,000
Previous Owner Ullman Sarah E $348,427
Previous Owner Hangar Holdco Lp $1,094,571
Previous Owner Hanger Holdco Lp $1,094,571
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $435,000 +1.2% $750 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $430,000 -59.8% $741 / Sq Ft
08/27/2018 08/27/18 Sold $1,070,000 -2.7% $471 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $1,100,000 -- $484 / Sq Ft
Source: California Desert Association of REALTORS®

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 $25,715 $2,146,320 $1,342,067 $804,253
2024 $25,715 $2,104,236 $1,315,752 $788,484
2023 $25,298 $2,062,977 $1,289,953 $773,024
2022 $21,735 $1,824,844 $1,089,020 $735,824
2021 $21,474 $1,789,064 $1,067,667 $721,397
2020 $21,778 $1,770,720 $1,056,720 $714,000
2019 $13,444 $1,100,000 $750,000 $350,000
2018 $1,325 $74,491 $34,011 $40,480
2016 $1,249 $71,601 $32,692 $38,909
2015 $1,237 $70,526 $32,201 $38,325
2014 $1,269 $69,146 $31,571 $37,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-450806

California Desert Association of REALTORS®

APN: 5539-019-007