NOT LISTED FOR SALE

Estimated Value: $780,858 - $925,000

2 Beds
1 Bath
1,210 Sq Ft
$708/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $770,000 $636 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,281/month

9 Days on Market

Highlights

  • Above Ground Spa
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Spanish Architecture
  • Air Conditioning

About This Home

As of May 2022

Attention Investors and 1st-time Homebuyers! This is the epitome of an incredible rehab opportunity located in the desirable Leimert Park. BEST VALUE IN 90008. This Spanish-style home sits on a quiet and beautiful palm tree-lined street. 2 bedrooms 1 bath plus a bonus office off the kitchen. Enter into a large formal living room with a fireplace. Spacious dining room and plenty of kitchen space. Both bedrooms are located on opposite ends of a long hallway w/ a full bathroom located in the middle. There is a long gated driveway that leads to the detached 2-car garage. Plenty of extra parking space. Backyard includes a covered patio, jacuzzi, and bonus storage shed. The possibilities are endless and recent rehabbed sales in Leimert Park further justify just how highly-sought out this neighborhood really is. Property to be sold strictly in "as-is" condition. Offers due by 5pm Wednesday April 6th.

Last Agent to Sell the Property

Derrick Smith

Coldwell Banker Realty License #02019367 Listed on: 03/30/2022

Coldwell Banker Realty

Last Buyer's Agent

Derrick Smith

Coldwell Banker Realty License #02019367 Listed on: 03/30/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 3,950 Sq Ft Lot
  • Lot Dimensions are 40x99
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,210 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Driveway

Pool

  • Above Ground Spa

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5023-022-026

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1210
  • Lot Acreage: 0.0907
  • Lot Dimensions: 40x99
  • Stories: 1
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Price Per S Q F T: 557.85

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Natural Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5023-022-026
  • Lot Size Area: 3950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 26, 2022
Sold by
Powell Beverly O
Bought by
Grubbs Samuel Bennett
Seller's Agent
Derrick Smith
Coldwell Banker Realty
Buyer's Agent
Derrick Smith
Coldwell Banker Realty
List Price
$675,000
Sold Price
$770,000
Premium/Discount to List
$95,000
14.07%
Current Estimated Value
$856,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,965
Avg. Annual Appreciation
2.93%
Original Mortgage
$420,000
Outstanding Balance
$394,321
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$462,644

Purchase Details

Closed on
Nov 14, 2012
Sold by
Powell Beverly Ohara
Bought by
Powell Beverly O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grubbs Samuel Bennett $770,000 First American Title Company O
Powell Beverly O -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubbs Samuel Bennett $420,000
Previous Owner Powell Beverly O $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $770,000 +14.1% $636 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $675,000 -- $558 / Sq Ft
Source: The MLS

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 $9,868 $817,128 $653,703 $163,425
2024 $9,868 $801,107 $640,886 $160,221
2023 $9,681 $785,400 $628,320 $157,080
2022 $1,881 $146,017 $103,170 $42,847
2021 $1,848 $143,155 $101,148 $42,007
2019 $1,796 $138,911 $98,149 $40,762
2018 $1,721 $136,188 $96,225 $39,963
2016 $1,635 $130,902 $92,490 $38,412
2015 $1,611 $128,937 $91,101 $37,836
2014 $1,626 $126,412 $89,317 $37,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-142187

The MLS

APN: 5023-022-026