502 N Genesee Ave Los Angeles, CA 90036
Melrose NeighborhoodEstimated Value: $1,869,000 - $2,612,000
2
Beds
1.5
Baths
1,347
Sq Ft
$300/mo
HOA Fee
Highlights
- Wood Flooring
- Views
- Community Barbecue Grill
- Spanish Architecture
- Living Room
- Central Heating
About This Home
As of December 2019Rare and historic TIC home in this beautiful 1928 Spanish fourplex. Two bedrooms, 1 1/2 bathrooms with home office nook. Huge 1920's layout with a gorgeous renovated modern kitchen, high-end stainless steel appliances, over-sized living and dining rooms, master bedroom with walk-in closet, dark wood flooring, and high ceilings. Super-private furnished community garden with BBQ. Single car garage with driveway for a second car. Located in the hip and fashionable Fairfax District. Walk to shops, restaurants, cafes and comedy clubs on Melrose, Beverly or Fairfax.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $36,475
Year Built
- Built in 1928
Lot Details
- 6,098
HOA Fees
- $300 Monthly HOA Fees
Parking
- 1 Covered Space
Home Design
- Spanish Architecture
- Stucco
Interior Spaces
- 1,347 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Dining Room
- Wood Flooring
- Security Lights
- Property Views
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 5527-024-013
Community Details
Overview
- Association fees include trash, water and sewer paid
- 4 Units
- Low-Rise Condominium
Amenities
- Community Barbecue Grill
Pet Policy
- Pets Allowed
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
186
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
$688,074
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,189,926
Purchase Details
Closed on
Jan 31, 2022
Sold by
Daglas Cristina P
Bought by
Dash Mona
Purchase Details
Listed on
May 13, 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
Christopher Stanley
Compass
List Price
$775,000
Sold Price
$699,000
Premium/Discount to List
-$76,000
-9.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.00%
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 13, 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
Christopher Stanley
Compass
List Price
$775,000
Sold Price
$699,000
Premium/Discount to List
-$76,000
-9.81%
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
Listed on
May 13, 2019
Closed on
Nov 2, 2019
Sold by
Alsman Carol J
Bought by
Maskin Louis Anthony and Chu Brent
Seller's Agent
Christopher Stanley
Compass
Buyer's Agent
Christopher Stanley
Compass
List Price
$775,000
Sold Price
$699,000
Premium/Discount to List
-$76,000
-9.81%
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
Jun 13, 2019
Sold by
Millar Catherine S
Bought by
Lsjb Investments Llc
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 |
|---|---|---|---|---|
| 12/31/2019 12/31/19 | Sold | $699,000 | 0.0% | $519 / Sq Ft |
| 11/15/2019 11/15/19 | Pending | -- | -- | -- |
| 10/31/2019 10/31/19 | Price Changed | $699,000 | -2.9% | $519 / Sq Ft |
| 10/31/2019 10/31/19 | Price Changed | $720,000 | +3.0% | $535 / Sq Ft |
| 09/10/2019 09/10/19 | Price Changed | $699,000 | -6.8% | $519 / Sq Ft |
| 08/20/2019 08/20/19 | Price Changed | $750,000 | -3.2% | $557 / Sq Ft |
| 05/13/2019 05/13/19 | For Sale | $775,000 | -- | $575 / Sq Ft |
Source: The MLS
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
-
Christopher Stanley
Seller's Agent in 2019
Christopher Stanley
Compass
(310) 803-2722
1 in this area
17 Total Sales
Map
Source: The MLS
MLS Number: 19-465894
APN: 5527-024-013
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