NOT LISTED FOR SALE

Estimated Value: $1,494,000 - $2,210,000

4 Beds
4 Baths
2,016 Sq Ft
$945/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $1,282,000 $636 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $11,525/month

27 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin Avenue Elementary Rated A-
  • 1-Story Property

About This Home

As of November 2017

The annals of history are chock-full of the great Russell's: Nipsey Russell, Kurt Russell, Leon Russell and even Russell Crowe, just to name a few. Then there's Russell Simmons, Russell Wilson and the world famous chocolatier & candy maker Russell Stover. And what is the one thing that unites all these great Russell's? That thing is 4317 Russell, a pristine Duplex located in the heart of walkable Los Feliz. Yes, two detached homes on one spacious lot w/ updated electrical & plumbing, central air & heat, solar panels and updated kitchens & updated bathrooms to boot. 4317 Russell puts you right in the middle of everything, yet feels tucked away from all the hustle & bustle, so tap into your own inner Russell and relax, because with these great units you now have options and you no longer need to tussle.

Last Agent to Sell the Property

Richard Wilkinson

Compass License #01812487 Listed on: 10/02/2017

Compass

Last Buyer's Agent

Alex Dionne

Keller Williams Larchmont License #02003336

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,460

Year Built

  • Built in 1957

Lot Details

  • 6,750

Home Design

  • Duplex

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking

Additional Features

  • 6,750 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5591-023-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,460

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: The annals of history are chock-full of the great Russell's: Nipsey Russell, Kurt Russell, Leon Russell and even Russell Crowe, just to name a few. Then there's Russell Simmons, Russell Wilson and the world famous chocolatier & candy maker Russell Stover. And what is the one thing that unites all these great Russell's? That thing is 4317 Russell, a pristine Duplex located in the heart of walkable Los Feliz. Yes, two detached homes on one spacious lot w/ updated electrical & plumbing, central air & heat, solar panels and updated kitchens & updated bathrooms to boot. 4317 Russell puts you right in the middle of everything, yet feels tucked away from all the hustle & bustle, so tap into your own inner Russell and relax, because with these great units you now have options and you no longer need to tussle.
  • Living Area: 2016
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Price Per S Q F T: 495.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 365490
  • Assessed Land Value: 548235
  • Assessor Parcel Number: 5591-023-023
  • Geocode Override: No
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Oct 18, 2017
Sold by
Sweetman Dean
Bought by
Katpalli Kiran Reddy and Rigby Patricia
Seller's Agent
Richard Wilkinson
Compass
Buyer's Agent
Alex Dionne
Keller Williams Larchmont
List Price
$999,000
Sold Price
$1,282,000
Premium/Discount to List
$283,000
28.33%
Current Estimated Value
$1,839,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,216
Avg. Annual Appreciation
5.26%
Original Mortgage
$948,750
Outstanding Balance
$796,898
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,109,210

Purchase Details

Closed on
Mar 15, 2016
Sold by
Sweetman Dean and Sweetman Jill
Bought by
Sweetman Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,318
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jun 23, 2014
Sold by
Saz Amir
Bought by
Sweetman Dean and Sweetman Jill
Seller's Agent
Ali Saz
Saz Realty
Buyer's Agent
Richard Wilkinson
Compass
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$814,788
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2007
Sold by
Saz Angelica
Bought by
Saz Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2007
Sold by
Turnberg Mary
Bought by
Saz Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2000
Sold by
Espejo Richard P and Espejo Lena L
Bought by
Turnberg Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,544
Interest Rate
8.11%
Mortgage Type
FHA
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
Katpalli Kiran Reddy $1,282,000 Old Republic Title
Sweetman Dean -- Placer Title
Sweetman Dean $900,000 Title 365
Saz Amir -- Equity Title Company
Saz Amir $860,000 Equity Title Company
Turnberg Mary $267,500 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katpalli Kiran Reddy $948,750
Previous Owner Sweetman Dean $812,318
Previous Owner Sweetman Dean $815,873
Previous Owner Sweetman Dean $814,788
Previous Owner Saz Amir $645,000
Previous Owner Saz Amir $645,000
Previous Owner Turnberg Mary $45,000
Previous Owner Turnberg Mary $550,000
Previous Owner Turnberg Mary $195,000
Previous Owner Turnberg Mary $285,000
Previous Owner Turnberg Mary $50,000
Previous Owner Turnberg Mary $256,257
Previous Owner Turnberg Mary $258,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $1,282,000 +28.3% $636 / Sq Ft
10/02/2017 10/02/17 For Sale $999,000 +11.0% $496 / Sq Ft
08/08/2014 08/08/14 Sold $900,000 +0.1% $614 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $899,000 -- $613 / 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 $17,460 $1,458,692 $1,137,827 $320,865
2024 $17,460 $1,430,091 $1,115,517 $314,574
2023 $17,120 $1,402,051 $1,093,645 $308,406
2022 $16,318 $1,374,560 $1,072,201 $302,359
2021 $16,124 $1,347,609 $1,051,178 $296,431
2020 $16,290 $1,333,792 $1,040,400 $293,392
2019 $15,639 $1,307,640 $1,020,000 $287,640
2018 $15,517 $1,282,000 $1,000,000 $282,000
2017 $11,299 $931,998 $559,199 $372,799
2016 $11,048 $913,725 $548,235 $365,490
2015 $10,886 $900,000 $540,000 $360,000
2014 $11,629 $939,921 $765,053 $174,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-276278

The MLS

APN: 5591-023-023