NOT LISTED FOR SALE

4500 Morella Ave Valley Village, CA 91607

Estimated Value: $1,435,000 - $1,723,157

2 Beds
1 Bath
1,647 Sq Ft
$971/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $628,000 $381 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $9,642/month

28 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Heating Available
  • North Hollywood Senior High School Rated A
  • Cooling Available

About This Home

As of December 2012

Beautiful Studio City Craftsman Home in Colfax Meadows. Features: Hardwood and tile floors, vaulted ceiling, built-in wall cabinets, upgraded kitchen with granite counter tops, 2 large bedrooms, huge family room, back to back fireplace in living room and family room, super patio deck, lush backyard, fruit trees, garage converted into bonus room with 3/4 bath and loft and wood floors (no record of permits). Buyer is to inspect the property five (5) days prior to closing to determine that the property is in the same condition as when the offer to purchase was executed. Property is sold "AS-IS" including any existing appliances, plumbing, HVAC & electrical systems. **AGENT READ PRIVATE REMARKS PRIOR TO SUBMITTING YOUR OFFER FOR INSTRUCTIONS.

Last Agent to Sell the Property

Gina Uzunyan

Koenig Properties License #00984953 Listed on: 11/05/2012

Last Buyer's Agent

Ed Koenig

Ed Koenig IRE License #00831815

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,146

Year Built

  • Built in 1939

Lot Details

  • 6,567

Interior Spaces

  • 1,647 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 6,567 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 11846
  • Assessor Parcel Number 2364007001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,146

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2364007001
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1647.00
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 381.30

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Size Sq Ft: 6567.00
  • Lot Size Acres: 0.1510

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6567.0000 Square Feet

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 11846

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2012
Closed on
Jan 31, 2013
Sold by
Russell Joseph Merryman
Bought by
Falco Devon E and Falco Christine E
Seller's Agent
Gina Uzunyan
Koenig Properties
Buyer's Agent
Ed Koenig
Ed Koenig IRE
List Price
$675,000
Sold Price
$628,000
Premium/Discount to List
-$47,000
-6.96%
Current Estimated Value
$1,599,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$971,039
Avg. Annual Appreciation
7.69%
Original Mortgage
$571,200
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2012
Closed on
Dec 10, 2012
Sold by
Us Bank National Association
Bought by
Russell Joseph Merryman
Seller's Agent
Gina Uzunyan
Koenig Properties
Buyer's Agent
Ed Koenig
Ed Koenig IRE
List Price
$675,000
Sold Price
$628,000
Premium/Discount to List
-$47,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,200
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Kirkland Gregory Thomas
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 28, 2005
Sold by
Kirkland Gregory Thomas
Bought by
Kirkland Gregory Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2002
Sold by
Parsons Polly Alliea and Milan Sue
Bought by
Kirkland Gregory Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.62%

Purchase Details

Closed on
Jan 8, 2002
Sold by
Kirkland Trudie
Bought by
Kirkland Gregory Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.62%

Purchase Details

Closed on
Sep 14, 2000
Sold by
Yue Florence K
Bought by
Mckenney Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
4.95%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Yue Franklin P and Yue Takako K
Bought by
Yue Florence K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
6.63%

Purchase Details

Closed on
Nov 27, 1995
Sold by
Yue Franklin P and Yue Takako A
Bought by
Yue Franklin P

Purchase Details

Closed on
Jul 25, 1995
Sold by
Pershing Dvaughn Ellsworth and Pershing Sharon G
Bought by
Yue Franklin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.88%
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
Falco Devon E $714,000 Servicelink
Russell Joseph Merryman $628,000 Servicelink
Us Bank National Association $580,000 Accommodation
Kirkland Gregory Thomas -- Lawyers Title
Kirkland Gregory Thomas $460,000 Equity Title
Kirkland Gregory Thomas -- Equity Title
Mckenney Robert $340,000 Equity Title Company
Yue Florence K -- First American Title Ins
Yue Franklin P -- First American Title
Yue Franklin P $250,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falco Devon E $360,260
Closed Falco Devon E $571,200
Previous Owner Kirkland Gregory T $164,000
Previous Owner Kirkland Gregory $135,000
Previous Owner Kirkland Gregory Thomas $689,000
Previous Owner Kirkland Trudie D $110,000
Previous Owner Kirkland Gregory Thomas $500,000
Previous Owner Kirkland Gregory Thomas $70,000
Previous Owner Kirkland Gregory Thomas $440,000
Previous Owner Kirkland Gregory Thomas $55,000
Previous Owner Kirkland Gregory Thomas $368,000
Previous Owner Mckenney Robert $34,500
Previous Owner Mckenney Robert $305,600
Previous Owner Yue Florence K $188,500
Previous Owner Yue Franklin P $187,000
Closed Kirkland Gregory Thomas $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $628,000 -7.0% $381 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $675,000 -- $410 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,146 $930,620 $703,386 $227,234
2024 $11,146 $912,374 $689,595 $222,779
2023 $10,929 $894,485 $676,074 $218,411
2022 $10,204 $859,547 $662,818 $196,729
2021 $10,075 $842,694 $649,822 $192,872
2019 $9,771 $817,701 $630,549 $187,152
2018 $9,695 $801,669 $618,186 $183,483
2016 $9,260 $770,541 $594,182 $176,359
2015 $9,123 $758,967 $585,257 $173,710
2014 $8,822 $717,241 $573,793 $143,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12097536

California Regional Multiple Listing Service (CRMLS)

APN: 2364-007-001