500 N Genesee Ave Los Angeles, CA 90036
Melrose NeighborhoodEstimated Value: $1,876,000 - $2,357,000
2
Beds
1.5
Baths
1,347
Sq Ft
$450/mo
HOA Fee
Highlights
- Neighborhood Views
- Laundry Room
- Central Air
- Living Room
About This Home
As of February 2022Amazing opportunity to own this beautifully updated 2 bedroom, 1.5 bath unit in a 1924 Spanish TIC fourplex. Combing charming, historical details that bring warmth throughout the home and modern updates that make life more convenient, this home has it all! Enjoy the updated open kitchen with stainless steel appliances, updated bathrooms, and even a washer/dryer. The bonus of great private outdoor space. And all this within an easy walk of Pan Pacific Park, the Grove, and the great restaurants and shops in the West Third Street Shopping District.
Last Agent to Sell the Property
The One Luxury Properties License #02000585 Listed on: 01/21/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $36,475
Year Built
- Built in 1928
Lot Details
- 6,181
HOA Fees
- $450 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,347 Sq Ft Home
- Living Room
- Neighborhood Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Two or More Common Walls
- Urban Location
- Central Air
Community Details
- 4 Units
- 500 502 N. Genessee Hoa, Association, Phone Number (415) 912-0582
- Homworks HOA
Listing and Financial Details
- Tax Lot 707
- Tax Tract Number 6143
- Assessor Parcel Number 5527024013
- $633 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 14, 2023
Sold by
Maskin Louis Anthony and Chu Brent
Bought by
Metz Martin and Markoc Sebastien
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,300
Outstanding Balance
$685,280
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,412,720
Purchase Details
Listed on
Jan 21, 2022
Closed on
Jan 31, 2022
Sold by
Daglas Cristina P
Bought by
Dash Mona
Seller's Agent
Russell Dunn
The One Luxury Properties
Buyer's Agent
Lauren Kinkade-Wong
COMPASS
List Price
$929,000
Sold Price
$975,000
Premium/Discount to List
$46,000
4.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.96%
Purchase Details
Listed on
Oct 3, 2019
Closed on
Dec 23, 2019
Sold by
Alsman Carol J and The Carol J Alsman Trust
Bought by
Daglas Cristina P
Seller's Agent
Christopher Stanley
Compass
Buyer's Agent
Russell Dunn
The One Luxury Properties
List Price
$828,888
Sold Price
$811,000
Premium/Discount to List
-$17,888
-2.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 3, 2019
Closed on
Nov 18, 2019
Sold by
Maskin Carol Antoinette Ramirez
Bought by
Maskin Jonathan David
Seller's Agent
Christopher Stanley
Compass
Buyer's Agent
Russell Dunn
The One Luxury Properties
List Price
$828,888
Sold Price
$811,000
Premium/Discount to List
-$17,888
-2.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 2019
Sold by
Alsman Carol J
Bought by
Maskin Louis Anthony and Chu Brent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2019
Sold by
Alsman Carol J and The Carol J Aisman Trust
Bought by
Jermain Thomas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 21, 2012
Sold by
Millar Catherine S
Bought by
Lsjb Investments Llc
Purchase Details
Closed on
Jun 6, 2005
Sold by
500 N Genesee Llc
Bought by
Alsman Carol J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 8, 2004
Sold by
Vigon Carlos
Bought by
500 N Genesee Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 23, 2004
Sold by
Gorcey Elizabeth
Bought by
Vigon Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 13, 2004
Sold by
Amiri Martin
Bought by
Gorcey Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 2004
Sold by
Hoo James C and Hoo James
Bought by
Gorcey Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Metz Martin | $999,000 | Equity Title - Los Angeles | |
| Dash Mona | $975,000 | Fidelity National Title | |
| Daglas Cristina P | $811,000 | First American Title Company | |
| Monge Roberto Ignacio Montero | $699,000 | First American Title Company | |
| Maskin Jonathan David | -- | First American Title Company | |
| Maskin Louis Anthony | $842,000 | First American Title Company | |
| Jermain Thomas E | $819,000 | First American Title | |
| Lsjb Investments Llc | -- | None Available | |
| Alsman Carol J | $1,365,000 | Landsafe Title | |
| 500 N Genesee Llc | -- | -- | |
| Vigon Carlos | -- | Landsafe Title Co | |
| Vigon Carlos | -- | Landsafe Title Co | |
| Gorcey Elizabeth A | -- | -- | |
| Gorcey Elizabeth A | -- | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Metz Martin | $699,300 | |
| Previous Owner | Monge Roberto Ignacio Montero | $524,250 | |
| Previous Owner | Daglas Cristina P | $648,800 | |
| Previous Owner | Maskin Louis Anthony | $659,200 | |
| Previous Owner | Jermain Thomas E | $207,000 | |
| Previous Owner | Alsman Carol J | $980,000 | |
| Previous Owner | Vigon Carlos | $287,500 | |
| Previous Owner | Vigon Carlos | $632,500 | |
| Previous Owner | Gorcey Elizabeth A | $630,000 | |
| Previous Owner | Gorcey Elizabeth A | $630,000 | |
| Closed | Vigon Carlos | $287,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2022 02/08/22 | Sold | $975,000 | +5.0% | $724 / Sq Ft |
| 01/21/2022 01/21/22 | For Sale | $929,000 | +14.5% | $690 / Sq Ft |
| 01/08/2020 01/08/20 | Sold | $811,000 | +1.5% | $602 / Sq Ft |
| 12/03/2019 12/03/19 | Pending | -- | -- | -- |
| 11/22/2019 11/22/19 | Price Changed | $799,000 | -1.8% | $593 / Sq Ft |
| 10/29/2019 10/29/19 | Price Changed | $814,000 | -1.8% | $604 / Sq Ft |
| 10/03/2019 10/03/19 | For Sale | $828,888 | -- | $615 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $36,475 | $2,983,383 | $2,205,514 | $777,869 |
| 2023 | $42,370 | $3,475,275 | $2,576,178 | $899,097 |
| 2022 | $30,019 | $2,524,047 | $1,840,581 | $683,466 |
| 2021 | $29,638 | $2,474,557 | $1,804,492 | $670,065 |
| 2020 | $30,026 | $2,449,185 | $1,785,990 | $663,195 |
| 2019 | $19,251 | $1,585,503 | $1,140,315 | $445,188 |
| 2018 | $19,132 | $1,554,415 | $1,117,956 | $436,459 |
| 2016 | $18,266 | $1,494,057 | $1,074,546 | $419,511 |
| 2015 | $18,001 | $1,471,616 | $1,058,406 | $413,210 |
| 2014 | $18,075 | $1,442,790 | $1,037,674 | $405,116 |
Source: Public Records
Agents Affiliated with this Home
-
Russell Dunn
Seller's Agent in 2022
Russell Dunn
The One Luxury Properties
(213) 537-8340
2 in this area
51 Total Sales
-
Lauren Kinkade-Wong
Buyer's Agent in 2022
Lauren Kinkade-Wong
COMPASS
(323) 314-2614
1 in this area
34 Total Sales
-
Christopher Stanley
Seller's Agent in 2020
Christopher Stanley
Compass
(310) 803-2722
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB22012270
APN: 5527-024-013
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