NOT LISTED FOR SALE

5307 Summertime Ln Unit 307 Culver City, CA 90230

Estimated Value: $694,306 - $821,000

2 Beds
2 Baths
1,073 Sq Ft
4.85 Acres

Last Sold July 14, 2014

Last sale price $500,000 $466 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,586/month

12 Days on Market

About This Home

As of July 2014

Lakeside Village is a beautiful complex with 24-Hour guard service at the main gate. Resort like living in this great top floor unit with views of the lake and ponds. Corner unit. Well maintained. The amenities include three pools, two spas, sauna, and club house with game room. Beautiful lush gardens with streams and ponds to enjoy and relax. Very clean and in move-in condition. Beautiful floor to ceiling brick covered fireplace in the living room, central air and heat, carpets in living room and bedrooms, tile in the kitchen and bath rooms, sliding glass doors in the dining area that open to a private patio. The bathrooms have lots storage, easy access to 2 side by side parking spaces in the garage and to elevator. Laundry room on each floor. No pets are allowed in the complex.

Last Agent to Sell the Property

Maple Patton

Coldwell Banker Residential Brokerage License #01121781 Listed on: 06/05/2014

Last Buyer's Agent

Peter Stewart

KW Advisors License #01860653

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,432

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Style: Contemporary
  • Building Type: Co-op
  • Year Built: 1973
  • Price Per Sq Ft: 465.05
  • Unit Floor In Building: 3
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Fireplace: Yes
  • Equipment: Alarm System, Cable, Dishwasher, Elevator, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Flooring: Carpet, Tile
  • Fireplace Rooms: Living Room
  • Bedrooms: 2
  • Full Bathroom: 2
  • Total Bathrooms: 2.00
  • Laundry: Community
  • Living Area: 1073

Exterior Features

  • Pool: Community
  • Pool: Yes
  • Entry Floor: 3
  • Stories: 3
  • View: Creek/Stream, Lake, Pond, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Details: Community Garage, Side By Side
  • Total Parking: 2
  • Covered Parking: 2

Utilities

  • Security: 24 Hour, Community, Gated Community with Guard, Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fees: 436.00
  • Complex Name: Lakeside Village
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Clubhouse, Conference, Elevator, Fitness Center, Gated Community, Gated Community Guard, Guest Parking, Lake or Pond, Meeting Room, Playground, Pool, Security

Lot Info

  • Zoning: CCPD*
  • Special Zoning: Property Report
  • Assessor Parcel Number: 4296-013-025
  • Lot Size Area: 211446

Multi Family

  • Number Of Units: 530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jun 17, 2014
Sold by
Cheung Jik W
Bought by
Zhang Yongjian and Chen Ling
Seller's Agent
Maple Patton
Coldwell Banker Residential Brokerage
Buyer's Agent
Peter Stewart
KW Advisors
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Current Estimated Value
$729,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,577
Avg. Annual Appreciation
3.45%
Original Mortgage
$400,000
Outstanding Balance
$126,417
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$603,160

Purchase Details

Closed on
Apr 4, 2007
Sold by
Fisher James
Bought by
Ip Ming Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 31, 1993
Sold by
Fisher Zinnia A
Bought by
Fisher James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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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
Zhang Yongjian $500,000 Equity Title
Ip Ming Y $485,000 Stewart Title
Fisher James -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yongjian $400,000
Previous Owner Fisher James $330,000
Previous Owner Fisher James $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2014 07/14/14 Sold $500,000 +0.2% $466 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $499,000 -- $465 / Sq Ft
Source: California Desert Association of REALTORS®

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 $7,432 $600,914 $430,858 $170,056
2024 $7,432 $589,132 $422,410 $166,722
2023 $7,105 $577,581 $414,128 $163,453
2022 $6,785 $566,257 $406,008 $160,249
2021 $6,782 $555,155 $398,048 $157,107
2019 $6,552 $538,692 $386,243 $152,449
2018 $6,398 $528,130 $378,670 $149,460
2016 $6,019 $507,624 $363,967 $143,657
2015 $5,965 $500,000 $358,500 $141,500
2014 $2,706 $203,038 $168,614 $34,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 14-767125

California Desert Association of REALTORS®

APN: 4296-013-025