NOT LISTED FOR SALE

Estimated Value: $1,428,000 - $1,797,000

3 Beds
2 Baths
1,526 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold August 21, 2012

Last sale price $765,000 $501 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $10,218/month

105 Days on Market

Highlights

  • Room in yard for a pool
  • Spanish Architecture
  • 1-Story Property
  • Culver City Middle School Rated A-
  • 4 Car Detached Garage

About This Home

As of August 2012

Tenants have moved out and the units are finally available to be shown! Two houses on a lot! Charming Spanish front house featuring hardwood floors, living room with dramatic vaulted and beamed ceilings , fireplace, and large picture window. Formal dining room and renovated kitchen with newer cabinets, granite counter tops, stainless appliances, and breakfast room. Separate laundry room with entrance to the rear yard. Front house has 2 bedrooms and one updated bath (Most recent rent was 2500). Rear house is totally separate with its own private patio area - has two bedrooms (one without a closet) and one bath, and kitchen with separate laundry room (Most recent rent 1650). One car garage, long gated driveway, and detached office space adjacent to the garage complete this property. Both units delivered vacant. Fabulous property in desirable location. Perfect for owner-user or investor!

Last Agent to Sell the Property

Carrie Berkman Lewis

Douglas Elliman License #01400262 Listed on: 03/14/2012

Douglas Elliman

Last Buyer's Agent

Michele Hall

Coldwell Banker Realty License #00517739

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,327

Year Built

  • Built in 1928

Lot Details

  • 6,543

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,526 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Parking

  • 4 Car Detached Garage
  • Uncovered Parking

Additional Features

  • Room in yard for a pool
  • 6,543 Sq Ft Lot
  • Sewer in Street

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 4213-008-049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,327

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1526
  • Stories: 1
  • Year Built: 1928
  • 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: Range/Oven
  • Price Per S Q F T: 523.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Detached, Garage, Uncovered
  • Total Parking: 4

Utilities

  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 238134
  • Assessed Land Value: 638634
  • Assessor Parcel Number: 4213-008-049
  • Lot Size Area: 6543

Rental Info

  • Owner Pays: Gardener

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2012
Closed on
Jul 30, 2012
Sold by
King Ryan and King Lanie
Bought by
Jowett Michael A
Seller's Agent
Carrie Berkman Lewis
Douglas Elliman
Buyer's Agent
Michele Hall
Coldwell Banker Realty
List Price
$849,000
Sold Price
$765,000
Premium/Discount to List
-$84,000
-9.89%
Current Estimated Value
$1,648,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,944
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Nov 30, 2009
Sold by
King Lanie and King Ryan
Bought by
King Ryan and King Lanie

Purchase Details

Closed on
Oct 14, 2004
Sold by
Askew Don
Bought by
King Ryan and Shapiro Lanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2002
Sold by
Goldstein Mark and Goldstein Betty
Bought by
Askew Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,700
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 1998
Sold by
First Federal Bank Of California
Bought by
Goldstein Mark and Goldstein Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
7.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 30, 1997
Sold by
Lourie William and Banks Paula M
Bought by
First Federal Bank Of California

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
7.05%
Mortgage Type
Seller Take Back
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
Jowett Michael A $765,000 Equity Title
King Ryan -- None Available
King Ryan $810,000 Southland Title
Askew Don $483,000 Commonwealth Land Title Co
Goldstein Mark $245,000 Southland Title Corporation
First Federal Bank Of California $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Ryan $410,000
Previous Owner Askew Don $25,000
Previous Owner Askew Don $434,700
Previous Owner Goldstein Mark $273,000
Previous Owner Goldstein Mark $171,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2012 08/21/12 Sold $765,000 -9.9% $501 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $849,000 -- $556 / 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 $13,327 $966,803 $566,450 $400,353
2024 $13,327 $947,847 $555,344 $392,503
2023 $12,873 $929,262 $544,455 $384,807
2022 $12,223 $911,042 $533,780 $377,262
2021 $12,080 $893,179 $523,314 $369,865
2020 $11,862 $884,022 $517,949 $366,073
2019 $11,601 $866,690 $507,794 $358,896
2018 $11,379 $849,697 $497,838 $351,859
2016 $10,399 $795,777 $478,507 $317,270
2015 $10,333 $783,825 $471,320 $312,505
2014 $10,349 $768,472 $462,088 $306,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-587799

The MLS

APN: 4213-008-049