NOT LISTED FOR SALE

430 Rainbow Ave Los Angeles, CA 90065

Mount Washington Neighborhood

Estimated Value: $99,736 - $1,309,000

0.14 Acre
$3,220,957 Price per Acre
6,422 Sq Ft Lot

Last Sold January 07, 2019

Last sale price $125,000

Est. 25% increase in value since last sale

Current estimated payment $1,081/month

89 Days on Market

About This Lot

As of January 2019

"Somewhere over the Rainbow....Blue Birds fly" Dreamers, Builders, Investors come one come all....Own land on Rainbow in Mount Washington.Owners, Build out your dreams. Builders - construct your little heart out on this quaint lot in the middle of the way up high.Toto, I don't think we are in LA anymore. Rainbow's lot has canyon views and is just secluded enough.Centrally located - close to Highland Park, Silverlake, Downtown, Pasadena, freeways, Metro, and within Mount Washington School District .

Last Agent to Sell the Property

Luisa Ferrante

Sotheby's International Realty License #01281479 Listed on: 10/08/2018

Co-Listed By

Suzie Woo

Sotheby's International Realty License #01750750

Last Buyer's Agent

Victor Migenes

Property Concierge License #01833363

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,677

Lot Details

  • 6,422 Sq Ft Lot
  • Property is zoned LAA1

Property Views

  • Canyon Views

Listing and Financial Details

  • Assessor Parcel Number 5465-007-020

Property Details

Property Type

Land

Est. Annual Taxes

$2,677

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5465-007-020
  • Geocode Override: No
  • Lot Size Area: 6422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 28, 2018
Sold by
Godal Funding Group Llc
Bought by
Kim Yongwon
Seller's Agent
Luisa Ferrante
Sotheby's International Realty
Buyer's Agent
Victor Migenes
Property Concierge
List Price
$98,000
Sold Price
$125,000
Premium/Discount to List
$27,000
27.55%
Current Estimated Value
$156,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,598
Avg. Annual Appreciation
-0.34%

Purchase Details

Closed on
Sep 29, 2016
Sold by
Colvin Alta M
Bought by
Godai Funding Group Llc

Purchase Details

Closed on
Dec 31, 2002
Sold by
Colvin Alta M and The Lavarr Colvin D D S Inc
Bought by
Colvin Alta M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kim Yongwon $125,000 Equity Title Company
Godai Funding Group Llc $90,000 None Available
Colvin Alta M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold $125,000 +27.6% --
11/29/2018 11/29/18 For Sale $98,000 -21.6% --
11/26/2018 11/26/18 Off Market $125,000 -- --
11/24/2018 11/24/18 For Sale $98,000 -21.6% --
11/14/2018 11/14/18 Off Market $125,000 -- --
11/09/2018 11/09/18 For Sale $98,000 -21.6% --
10/25/2018 10/25/18 Off Market $125,000 -- --
10/08/2018 10/08/18 For Sale $98,000 -- --
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 $2,677 $139,437 $139,437 --
2024 $2,677 $136,703 $136,703 --
2023 $1,633 $134,023 $134,023 $0
2022 $1,553 $131,396 $131,396 $0
2021 $1,536 $128,820 $128,820 $0
2020 $1,550 $127,500 $127,500 $0
2019 $838 $69,706 $69,706 $0
2018 $839 $68,340 $68,340 $0
2016 $876 $72,000 $72,000 $0
2015 $500 $40,500 $40,500 $0
2014 $21 $110 $110 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Luisa Ferrante

    Sotheby's International Realty

    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Suzie Woo

    Sotheby's International Realty

  • Victor Migenes

    Buyer's Agent in 2019

    Victor Migenes

    Property Concierge

    (213) 718-3558

    2 in this area

    22 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-394810

The MLS

APN: 5465-007-020

California Los Angeles County Los Angeles 90065 Mount Washington

430 Rainbow Ave, Los Angeles, CA

This home is located at 430 Rainbow Ave, Los Angeles, CA 90065 since 08 October 2018 and is currently estimated at $450,934. 430 Rainbow Ave is a home located in Los Angeles County with nearby schools including Mt. Washington Elementary, Latona Avenue Elementary School, and Florence Nightingale Middle.

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