NOT LISTED FOR SALE

Estimated Value: $2,021,000 - $2,630,674

3 Beds
2 Baths
1,671 Sq Ft
$1,359/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $987,500 $591 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $14,118/month

7 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Security System Owned
  • Third Street Elementary School Rated A
  • Open Patio
  • 4-minute walk to Mansfield Ave Park

About This Home

As of May 2012

Lovely character Spanish home in Hancock Park vicinity, extensively remodeled while maintaining its original integrity. Enter through private courtyard entrance to large formal living room with wood burning fireplace. Formal dining room. Remodeled kitchen with custom cabinetry, granite counters, Viking stove. Separate breakfast room. Master suite has private custom bathroom with double sinks and large shower. Two additional large bedrooms serviced by center hall bathroom. Rear French doors lead to large entertainer's patio and lushly landscaped rear yard. Systems have been upgraded and include central heat/air, copper plumbing, bolted foundation, rebuilt chimney and much more. Short distance to shops and restaurants. Third Street Elementary School.

Last Agent to Sell the Property

Peter Buonocore

Keller Williams Larchmont License #01279107 Listed on: 03/01/2012

Keller Williams Larchmont

Last Buyer's Agent

Gregory Scott

Compass License #01254539

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,672

Year Built

  • Built in 1924

Lot Details

  • 6,450 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,671 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Security System Owned
  • Laundry Room

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5507-013-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,672

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1671
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Garbage Disposal, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 538.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Tile
  • View: No

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5507-013-014
  • Lot Size Area: 6450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 4, 2012
Sold by
Schaffer Eric C
Bought by
Cheng David Lishian and Cheng Michelle Lyu
Seller's Agent
Peter Buonocore
Keller Williams Larchmont
Buyer's Agent
Gregory Scott
Compass
List Price
$899,000
Sold Price
$987,500
Premium/Discount to List
$88,500
9.84%
Current Estimated Value
$2,270,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,282,669
Avg. Annual Appreciation
6.39%
Original Mortgage
$790,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2009
Sold by
Schaffer Eric C
Bought by
Schaffer Eric C and Schaffer Stacie S Collier

Purchase Details

Closed on
Jul 9, 2003
Sold by
Bricker David
Bought by
Schaffer Eric and Collier Stacie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1996
Sold by
Chamlian Dikran
Bought by
Bricker David and Bricker Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,950
Interest Rate
8.1%

Purchase Details

Closed on
Jan 3, 1996
Sold by
Bricker David
Bought by
Bricker David and Bricker Samantha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,950
Interest Rate
7.53%
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
Cheng David Lishian $987,500 Fatcola
Schaffer Eric C -- None Available
Schaffer Eric C -- None Available
Schaffer Eric $759,000 Chicago Title Co
Bricker David $374,000 Equity Title
Bricker David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng David Lishian $1,050,000
Closed Cheng David Lishian $790,000
Previous Owner Schaffer Eric $100,000
Previous Owner Schaffer Eric $490,000
Previous Owner Bricker David $296,000
Previous Owner Bricker David $298,000
Previous Owner Bricker David $298,950
Previous Owner Bricker David $298,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $987,500 +9.8% $591 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $899,000 -- $538 / 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
2024 $18,672 $1,528,676 $972,821 $555,855
2023 $18,312 $1,498,703 $953,747 $544,956
2022 $17,461 $1,469,318 $935,047 $534,271
2021 $17,240 $1,440,509 $916,713 $523,796
2019 $13,286 $1,111,903 $889,524 $222,379
2018 $13,214 $1,090,102 $872,083 $218,019
2016 $12,639 $1,047,774 $838,220 $209,554
2015 $12,453 $1,032,037 $825,630 $206,407
2014 $12,493 $1,011,822 $809,458 $202,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-585111

The MLS

APN: 5507-013-014