NOT LISTED FOR SALE

Estimated Value: $5,179,000 - $5,993,000

4 Beds
5 Baths
3,640 Sq Ft
$1,528/Sq Ft Est. Value

About This Home

This home is located at 501 Loring Ave, Los Angeles, CA 90024 and is currently estimated at $5,560,975, approximately $1,527 per square foot. 501 Loring Ave is a home located in Los Angeles County with nearby schools including Warner Avenue Elementary, Ralph Waldo Emerson Community Charter Middle School, and University High School Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2012
Sold by
Brooks Preston W
Bought by
Brooks Preston W and Brooks Seeley Ann
Current Estimated Value
$5,560,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$99,195
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$5,461,780

Purchase Details

Closed on
Jan 26, 2006
Sold by
Brooks Preston W and Brooks Seeley Ann
Bought by
Brooks Preston W and Brooks Seeley Ann

Purchase Details

Closed on
Mar 4, 1999
Sold by
Schmidt Arne and Moore Laurel
Bought by
Brooks Preston W and Brooks Seeley Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Orlanski Leib
Bought by
Schmidt Arne and Moore Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
3.95%

Purchase Details

Closed on
Jan 3, 1994
Sold by
Orlanski Judy
Bought by
Orlanski Leib
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Brooks Preston W -- Accommodation
Brooks Preston W -- Chicago Title Company
Brooks Preston W -- None Available
Brooks Preston W -- Chicago Title Co
Schmidt Arne $1,275,000 First American Title Co
Orlanski Leib -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Preston W $625,000
Closed Brooks Preston W $650,000
Previous Owner Schmidt Arne $956,250
Closed Brooks Preston W $349,500
Source: Public Records

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 $29,390 $2,408,711 $1,257,775 $1,150,936
2024 $29,390 $2,397,902 $1,233,113 $1,164,789
2023 $28,823 $2,350,885 $1,208,935 $1,141,950
2022 $27,486 $2,304,790 $1,185,231 $1,119,559
2021 $27,143 $2,259,599 $1,161,992 $1,097,607
2019 $26,331 $2,192,580 $1,127,528 $1,065,052
2018 $26,208 $2,149,589 $1,105,420 $1,044,169
2016 $25,061 $2,066,121 $1,062,497 $1,003,624
2015 $24,695 $2,035,087 $1,046,538 $988,549
2014 $24,767 $1,995,223 $1,026,038 $969,185
Source: Public Records

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