NOT LISTED FOR SALE

Estimated Value: $809,000 - $930,511

4 Beds
3 Baths
1,967 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 09, 2014

Last sale price $389,900 $198 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,117/month

7 Days on Market

Highlights

  • Living Room with Fireplace
  • Central Heating and Cooling System
  • Carpet
  • Traditional Architecture

About This Home

As of June 2014

Calling all investors or owner-occupants!! Recently updated duplex located in Park Mesa Heights, a great family area of Los Angeles. Walking distance to Crenshaw Blvd., restaurants and shops. The front house is vacant. It is fully detached, spacious (1,567 square feet), and has three bedrooms and two bathrooms. It features updated plumbing, granite counters in kitchen & the bathrooms, inside laundry, new interior and exterior paint, new carpet, a large master suite with walk-in closet, designated bathroom featuring a large vanity & huge spa tub/shower, shared gated backyard, 2-car garage and plenty of driveway parking. The rear unit, above the garage, is one bedroom, one bath, and has a great tenant producing $905.00per month in rental income. Let this be your opportunity to live in the front home one while having your tenant paying a large portion of your mortgage!! The absolute best living scenario & not one that comes around often.

Last Agent to Sell the Property

Zee EZeeDoesIT

Real Estate eBroker Inc. License #01828051 Listed on: 04/30/2014

Real Estate eBroker Inc.

Last Buyer's Agent

Chantal Grayson

Chantal Grayson License #01490395

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 6,076

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,967 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Additional Features

  • 6,076 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5006-024-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,955

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1967
  • Property Condition: Updated/Remodeled
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Laminate
  • Bedrooms: 4
  • Bedroom Features: Master Bedroom
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Microwave, Range/Oven
  • Price Per S Q F T: 198.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 104040
  • Assessed Land Value: 146176
  • Assessor Parcel Number: 5006-024-005
  • Geocode Override: No
  • Lot Size Area: 6076

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2014
Closed on
May 14, 2014
Sold by
Inflection Point Ii Lp
Bought by
Barnes Larry
Seller's Agent
Zee EZeeDoesIT
Real Estate eBroker Inc.
Buyer's Agent
Chantal Grayson
Chantal Grayson
List Price
$389,900
Sold Price
$389,900
Current Estimated Value
$882,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,978
Avg. Annual Appreciation
7.44%
Original Mortgage
$289,900
Outstanding Balance
$220,441
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$662,437

Purchase Details

Closed on
Mar 22, 2011
Sold by
Gaines Thelma Mounday and The Thelma Mounday Gaines Revo
Bought by
Inflection Point Ii Lp

Purchase Details

Closed on
Mar 17, 2005
Sold by
Gaines Thelma M
Bought by
Revocabl Gaines Thelma Mounday and Revocabl Thelma Mounday Gaines

Purchase Details

Closed on
Nov 10, 2004
Sold by
Dean Miriam
Bought by
Gaines Thelma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2001
Sold by
Jackson Anthony Craig
Bought by
Dean Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.84%

Purchase Details

Closed on
Sep 5, 2000
Sold by
Harmison Jackson Lisa Faith
Bought by
Jackson Anthony Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.07%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Watkins Ruby W
Bought by
Jackson Anthony Craig
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
Barnes Larry $390,000 California Title Company
Inflection Point Ii Lp $240,500 None Available
Revocabl Gaines Thelma Mounday -- --
Gaines Thelma M $525,000 United Title Company
Dean Miriam $140,000 First American Title Co
Jackson Anthony Craig -- Commonwealth Land Title Co
Jackson Anthony Craig -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Larry $289,900
Previous Owner Gaines Thelma M $325,000
Previous Owner Dean Miriam $112,000
Previous Owner Jackson Anthony Craig $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2014 06/09/14 Sold $389,900 0.0% $198 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $389,900 -- $198 / 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 $5,955 $477,953 $288,072 $189,881
2024 $5,955 $468,582 $282,424 $186,158
2023 $5,847 $459,395 $276,887 $182,508
2022 $5,585 $450,388 $271,458 $178,930
2021 $5,507 $441,558 $266,136 $175,422
2020 $5,560 $437,032 $263,408 $173,624
2019 $5,346 $428,464 $258,244 $170,220
2018 $5,277 $420,064 $253,181 $166,883
2016 $5,035 $403,753 $243,350 $160,403
2015 $4,964 $397,689 $239,695 $157,994
2014 $3,305 $251,351 $146,839 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-756299

The MLS

APN: 5006-024-005