NOT LISTED FOR SALE

Estimated Value: $493,000 - $1,390,000

2 Beds
1 Bath
1,150 Sq Ft
$832/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $294,500 $256 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $6,093/month

14 Days on Market

Highlights

  • Contemporary Architecture
  • 3 Car Attached Garage
  • Living Room
  • Breakfast Area or Nook
  • Views
  • Laundry Room

About This Home

As of April 2016

THIS IS A PROBATE PROPERTY-PLEASE NOTE: COURT CONFIRMATION HEARING DATE IS WEDNESDAY, FEBRUARY 17, 2016 AT 8:30A.M. AT SUPERIOR COURT DEPT. #5.. REQUIRED AMOUNT OF FIRST OVERBID IS $294,500.00.; FYI: GARAGE OFF ALLEY BUT IS OVERGROWN WITH VEGETATION AND STRUCTURE IS DAMAGED. NOT USABLE AS IT IS. MAY NEED TO BE TORN DOWN. BUYER TO VERIFY CONDITION AND ANY REQUIREMENTS PER DEPT OF BLDG & SAFETY. THERE IS A PARKING PAD IN THE FRONT AREA OF THE HOUSE FOR DIRECT ACCESS. IF YOU ARE LOOKING FOR A PROJECT-THIS IS IT! PROPERTY HAS GREAT POTENTIAL.CENTRALLY LOCATED AND CLOSE TO THE NEW METROLINE ON CRENSHAW, DOWNTOWN LA, STAPLES CENTER, LA LIVE, USC, AND SHOPPING. SOLD "AS IS".DO NOT DISTURB OCCUPANTS. SHOWN BY APPOINTMENT ONLY.

Last Agent to Sell the Property

JoAnne Ricks

First Security Investment Co. License #00879843 Listed on: 11/27/2015

Last Buyer's Agent

Vilma Flores

Calhomes Realty License #01312943

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,697

Year Built

  • Built in 1914

Lot Details

  • 5,214 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Dining Area
  • Breakfast Area or Nook
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5015-016-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,697

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1150
  • Probate: Yes
  • Stories: 1
  • Year Built: 1914
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Gas Dryer Hookup
  • Price Per S Q F T: 269.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Garage, Garage Is Detached
  • Total Parking: 3

Utilities

  • Heating: Forced Air

Lot Info

  • Assessor Parcel Number: 5015-016-013
  • Geocode Override: No
  • Lot Size Area: 5214

Rental Info

  • Court Approve: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2016
Sold by
Ocean Development Inc
Bought by
Cd Asset Company Llc
Current Estimated Value
$956,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 27, 2015
Closed on
Mar 22, 2016
Sold by
Giles Leesa and Estate Of Walter J Giles
Bought by
Ocean Development Inc
Seller's Agent
JoAnne Ricks
First Security Investment Co.
Buyer's Agent
Vilma Flores
Calhomes Realty
List Price
$269,500
Sold Price
$294,500
Premium/Discount to List
$25,000
9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%
Original Mortgage
$473,500
Interest Rate
3.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 11, 2014
Sold by
Giles Marlene S and Giles Walter J
Bought by
Giles Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.9%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Cd Asset Company Llc $755,000 Lawyers Title
Ocean Development Inc $294,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cd Asset Company Llc $518,000
Previous Owner Ocean Development Inc $551,250
Previous Owner Ocean Development Inc $473,500
Previous Owner Ocean Development Inc $90,000
Previous Owner Giles Walter J $375,000
Previous Owner Giles Walter J $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2016 04/05/16 Sold $294,500 -5.0% $256 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
12/01/2015 12/01/15 Price Changed $310,000 +15.0% $270 / Sq Ft
11/27/2015 11/27/15 For Sale $269,500 -- $234 / 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 $10,697 $876,236 $644,122 $232,114
2024 $10,697 $859,056 $631,493 $227,563
2023 $10,496 $842,212 $619,111 $223,101
2022 $10,015 $825,699 $606,972 $218,727
2021 $9,876 $809,510 $595,071 $214,439
2019 $9,583 $785,502 $577,422 $208,080
2018 $9,394 $770,100 $566,100 $204,000
2016 $477 $33,082 $20,684 $12,398
2015 $471 $32,586 $20,374 $12,212
2014 $483 $31,948 $19,975 $11,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-961909

The MLS

APN: 5015-016-013