NOT LISTED FOR SALE

Estimated Value: $1,052,000 - $1,265,000

3 Beds
2 Baths
1,525 Sq Ft
$742/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $940,000 $616 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,151/month

130 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Laundry closet
  • Craftsman Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2022

Evenings on the porch never looked better! Located on a spacious corner lot, this updated Craftsman with a wrap around porch not only provides stunning city views but also great walkability to the local shops & restaurants on Adams Blvd as well as Jefferson Blvd. (Johnny's, Cafe5, Highly Likely, Party Beer Co.) Less than a mile to the Expo Line as well as the new Crenshaw/ LAX Line. Upon entering the home, the functional open lay-out provides a great flow. Throughout the classic Craftsman features have been preserved, including the built-in display in the dining room, with a beautifully updated open kitchen and two updated bathrooms. The main bedroom has direct access to the private backyard. The brand-new landscaping includes a drip system installed in both the front and backyard. This home also qualifies for the Eagle Community Loan Program and for qualified buyers can be purchased at a lower interest rate of 3.75%!!! The garage can potentially be converted to an ADU or second unit. Zoning allows for 3 units.

Last Agent to Sell the Property

Letty Vermeulen

Aspire Los Angeles License #01773473 Listed on: 07/03/2022

Last Buyer's Agent

Robin Walpert

Sotheby's International Realty License #01237116

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,803

Year Built

  • Built in 1912

Lot Details

  • 5,099 Sq Ft Lot
  • Lot Dimensions are 34x149
  • Property is zoned LAR3

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • City Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Private Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5051-013-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,803

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Advertising Remarks: Evenings on the porch never looked better! Located on a spacious corner lot and with the desired LAR3 zoning, this updated Craftsman with a wrap around porch not only provides stunning city views but also great walkability to the local shops & restaurants on Adams Blvd as well as Jefferson Blvd. (Johnny's, Cafe5, Highly Likely, Party Beer Co.) The functional open lay-out provides a great flow. Throughout the classic Craftsman features have been preserved, including the built-in display in the dining room, with a beautifully updated open kitchen and two updated bathrooms. The main bedroom has direct access to the private backyard. The brand-new landscaping includes a drip system installed in both the front and backyard. This home also qualifies for the Eagle Community Program and for qualified buyers can be purchased at 3.75% interest rate. LAR3 allows for 3 units.
  • Living Area: 1525
  • Lot Acreage: 0.1170
  • Lot Dimensions: 34x149
  • Stories: 1
  • Year Built: 1912
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Dryer, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 648.52

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car, Parking Space, Private
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5051-013-010
  • Lot Size Area: 5099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Dec 6, 2022
Sold by
Ganatra Sheel and Ganatra Rujuta
Bought by
Cokin Darren and Cokin Melina Larson
Seller's Agent
Letty Vermeulen
Aspire Los Angeles
Buyer's Agent
Robin Walpert
Sotheby's International Realty
List Price
$1,095,000
Sold Price
$940,000
Premium/Discount to List
-$155,000
-14.16%
Views
16
Current Estimated Value
$1,131,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,843
Avg. Annual Appreciation
7.20%
Original Mortgage
$752,000
Outstanding Balance
$730,928
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$400,915

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 6, 2018
Sold by
Pasi Prabhakar
Bought by
Ganatra Sheel and Parikh Rujuta
Seller's Agent
Jorge Flores
LA Equity Group, Inc.
Buyer's Agent
Fawn Vu
List Price
$798,500
Sold Price
$739,500
Premium/Discount to List
-$59,000
-7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$589,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2017
Sold by
Pasi Chitralekha
Bought by
Pasi Prabhakar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2017
Sold by
Stockpile Property Ventures Llc
Bought by
Pasi Prabhakar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2017
Sold by
Clark Brian
Bought by
Stockpile Property Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2003
Sold by
Vasquez Alfonso
Bought by
Clark Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2000
Sold by
Alberto Ursula
Bought by
Vasquez Alfonso and Vasquez Reina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,046
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2000
Sold by
Hud
Bought by
Alberto Ursula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.08%

Purchase Details

Closed on
Oct 14, 1999
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Oct 5, 1999
Sold by
Clayton Geraldine F
Bought by
Fleet Mtg Corp

Purchase Details

Closed on
Mar 4, 1996
Sold by
Morris Mathew T
Bought by
Clayton Geraldine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,656
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 1995
Sold by
Hud
Bought by
Morris Mathew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
7.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 1995
Sold by
Farwell Kim
Bought by
Hud
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
Cokin Darren $940,000 Lawyers Title
Ganatra Sheel $739,500 Chicago Title Company
Pasi Prabhakar -- Lawyers Title Insurance Co
Pasi Prabhakar $601,500 Lawyers Title Insurance Co
Stockpile Property Ventures Llc $535,000 Title 365
Clark Brian P $278,000 Gateway Title
Vasquez Alfonso $150,000 Fidelity National Title Co
Alberto Ursula $110,000 Commonwealth Land Title Co
Hud $171,670 First Southwestern Title Co
Fleet Mtg Corp $171,670 First Southwestern Title Co
Clayton Geraldine F $145,000 California Counties Title Co
Morris Mathew T $82,181 California Counties Title Co
Hud $163,593 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cokin Darren $752,000
Previous Owner Ganatra Sheel $589,500
Previous Owner Ganatra Sheel $150,000
Previous Owner Pasi Prabhakar $450,000
Previous Owner Clark Brian P $371,000
Previous Owner Clark Brian P $222,400
Previous Owner Vasquez Alfonso $170,000
Previous Owner Vasquez Alfonso $148,046
Previous Owner Alberto Ursula $88,000
Previous Owner Clayton Geraldine F $142,656
Previous Owner Morris Mathew T $134,900
Closed Vasquez Alfonso $4,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $940,000 -5.0% $616 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
09/22/2022 09/22/22 Price Changed $989,000 -9.7% $649 / Sq Ft
08/17/2022 08/17/22 Price Changed $1,095,000 0.0% $718 / Sq Ft
08/17/2022 08/17/22 For Sale $1,095,000 -8.7% $718 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $1,199,900 +27.6% $787 / Sq Ft
07/08/2022 07/08/22 Off Market $940,000 -- --
07/03/2022 07/03/22 For Sale $1,199,900 +62.3% $787 / Sq Ft
02/15/2018 02/15/18 Sold $739,500 0.0% $471 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
01/04/2018 01/04/18 Price Changed $739,500 -4.6% $471 / Sq Ft
12/15/2017 12/15/17 Price Changed $775,000 -2.9% $494 / Sq Ft
11/29/2017 11/29/17 For Sale $798,500 +8.0% $509 / Sq Ft
11/20/2017 11/20/17 Off Market $739,500 -- --
11/02/2017 11/02/17 For Sale $798,500 -- $509 / 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 $11,803 $977,975 $782,380 $195,595
2024 $11,803 $958,800 $767,040 $191,760
2023 $11,579 $940,000 $752,000 $188,000
2022 $9,463 $792,890 $586,815 $206,075
2021 $9,342 $777,344 $575,309 $202,035
2019 $9,062 $754,290 $558,246 $196,044
2018 $7,532 $613,530 $510,000 $103,530
2016 $4,156 $333,881 $267,107 $66,774
2015 $4,096 $328,866 $263,095 $65,771
2014 $3,918 $306,000 $244,000 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-174753

The MLS

APN: 5051-013-010