NOT LISTED FOR SALE

5031 Maytime Ln Culver City, CA 90230

Estimated Value: $854,000 - $1,066,000

3 Beds
2 Baths
1,276 Sq Ft
$729/mo HOA Fee

Last Sold September 18, 2020

Last sale price $825,000 $647 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,743/month

10 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • 5.3 Acre Lot
  • El Rincon Elementary School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of September 2020

Incredibly rare 3/br + loft condo in the alluring and renowned Lakeside Villas complex. The large living room features soaring vaulted ceilings that make this unit truly feel like a single family home. The open kitchen was completely remodeled in 2014 with new cabinets, floors, caesar stone counter tops and a timeless apron sink. The open living room features a spacious deck and large windows that allow for a steady ocean breeze throughout most of the year. The large en suite master bedroom has tons of natural light. Both bathrooms and all floors newly remodeled. New AC condenser installed in 2018. The unit also has two side by side parking spaces. Entire complex tented for termites in 2019. The desirable Lakeside Villas features 24 hour security, trails, lakes, several swimming pools, a clubhouse and located just minutes from some of the best C/C schools such as Farragut, El Rincon, Culver High and more.

Last Agent to Sell the Property

Benjamin Kahle

Compass License #01951554 Listed on: 08/10/2020

Compass

Last Buyer's Agent

Erin Keegan

Compass License #02098512

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,706

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 5

HOA Fees

  • $729 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Split Level Home
  • Turnkey
  • Wood Siding

Interior Spaces

  • 1,276 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Courtyard Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4296-014-108

Community Details

Overview

  • Association fees include gas, trash, water and sewer paid, security, clubhouse, maintenance paid, earthquake insurance, insurance
  • 232 Units
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,706

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$729 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Lakeside Villas
  • Entry Floor: 2
  • Living Area: 1276
  • Lot Acreage: 5.3021
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 2
  • Year Built: 1973
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Turnkey
  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Mixed
  • Appliances: Cooktop - Electric, Oven-Electric
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Remodeled, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled, Stone Counters
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 586.99

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Patio: Deck(s)
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Guarded

Association/Amenities

  • Amenities: Assoc Pet Rules, Clubhouse, Exercise Room, Gated Community, Controlled Access, Lake or Pond, Security, Pool, Playground, Fitness Center
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes, Weight Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Trash, Water and Sewer Paid, Security, Clubhouse, Maintenance Paid, Earthquake Insurance, Insurance
  • HOA Fees: 729.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4296-014-108
  • Lot Size Area: 230960

Multi Family

  • Number Of Units: 232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 14, 2020
Sold by
Wang Hubert Hao Chung
Bought by
Cartagena Christopher Lawrence
Seller's Agent
Benjamin Kahle
Compass
Buyer's Agent
Erin Keegan
Compass
List Price
$749,000
Sold Price
$825,000
Premium/Discount to List
$76,000
10.15%
Current Estimated Value
$935,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,588
Avg. Annual Appreciation
2.59%
Original Mortgage
$660,000
Outstanding Balance
$587,306
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$348,282

Purchase Details

Closed on
Aug 18, 2017
Sold by
Wang Chun Ching and Wang C
Bought by
Wang Hubert Hao Chung

Purchase Details

Closed on
Dec 17, 2010
Sold by
Tesfai Michael and Gebremeskel Birikti D
Bought by
Wang Chun Ching and Wang Li Hwei

Purchase Details

Closed on
Jul 14, 2000
Sold by
Reeves James G and Reeves Gay J
Bought by
Tesfai Michael and Gebremeskel Birikti D

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
10.49%

Purchase Details

Closed on
Feb 26, 1996
Sold by
Mckinlay Dennis G
Bought by
Belcher Henrietta and The Henrietta Belcher Living T

Purchase Details

Closed on
Oct 21, 1994
Sold by
Gittelson Barry N
Bought by
Reeves James G and Reeves Gay J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
5.8%
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
Cartagena Christopher Lawrence $825,000 Stewart Title Of Ca Inc
Wang Hubert Hao Chung -- None Available
Wang Chun Ching -- None Available
Wang Chun Ching $415,000 Lawyers Title
Tesfai Michael $230,000 United Title Company
Belcher Henrietta $151,500 United Title Company
Reeves James G $164,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cartagena Christopher Lawrence $660,000
Previous Owner Tesfai Michael $235,000
Previous Owner Tesfai Michael $100,000
Previous Owner Tesfai Michael $237,000
Previous Owner Tesfai Michael $207,000
Previous Owner Reeves James G $131,200
Closed Tesfai Michael $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $825,000 +10.1% $647 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $749,000 -- $587 / 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 $10,706 $893,003 $703,038 $189,965
2024 $10,706 $875,494 $689,253 $186,241
2023 $10,238 $858,329 $675,739 $182,590
2022 $9,761 $841,500 $662,490 $179,010
2021 $9,755 $825,000 $649,500 $175,500
2020 $5,981 $486,154 $311,374 $174,780
2019 $5,834 $476,622 $305,269 $171,353
2018 $5,738 $467,278 $299,284 $167,994
2016 $5,387 $449,134 $287,663 $161,471
2015 $5,341 $442,389 $283,343 $159,046
2014 $5,387 $433,724 $277,793 $155,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-615870

The MLS

APN: 4296-014-108