NOT LISTED FOR SALE

541 Neva Place Los Angeles, CA 90042

Estimated Value: $849,000 - $1,162,000

3 Beds
2 Baths
1,018 Sq Ft
$1,034/Sq Ft Est. Value

Last Sold July 27, 2015

Last sale price $560,000 $550 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,174/month

24 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Wooded Lot
  • Deck
  • Property is near public transit
  • Wood Flooring

About This Home

As of July 2015

Wonderful Highland Park living! This lovely home has wonderful views and fabulous outdoor living space. Upstairs is the updated 2 bedroom, 1 bath home which was the original living space, complete with a nice balcony off of one of the bedrooms. Downstairs is a 1 bedroom & 3/4 bath studio and laundry room that was fashioned from the original garage. It serves as a great guest quarters, roommate space or office. Features include upgraded electrical service, copper plumbing, a new sewer line to the street, a nicely remodeled kitchen with a mahogany breakfast bar, updated bathrooms, central heat and A/C, ceiling fans throughout, hardwood floors upstairs (except kitchen & bath). The outdoor living space is truly exceptional: the yard is private and is big, including an over-sized party deck with views of the city and hills - perfect for BBQs and more! Below and behind the deck is another yard area with a storage shed and lots of room for gardening and more! There are also orange, fig and lemon trees! This home is located conveniently close to shopping, freeways, Dodger Stadium, the Rose Bowl, Downtown LA, and the thriving rebirth of Highland Park and York Blvd. Termite clearance will be provided. What more could you want?!

Last Agent to Sell the Property

Carol Olney

The Real Estate Professionals License #01220002 Listed on: 06/15/2015

Last Buyer's Agent

Robin Banks

Teles Properties License #01814639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,943

Year Built

  • Built in 1947

Lot Details

  • 4,596 Sq Ft Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Property Views

  • City Lights
  • Hills

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,018 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Living Room
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Parking Available
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Wood Patio

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 5486012031

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,943

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5486012031
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1018.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Full, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 550.10
  • Room Type: Bonus Room, Living Room, Main Floor Bedroom
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills
  • Patio And Porch Features: Deck, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood, Microwave, Tankless Water Heater
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Lot Features: Back Yard, Front Yard, Near Public Transit, Treed Lot, Yard
  • Lot Size Sq Ft: 4596.00
  • Price Per Lot Square Foot: 121.85
  • Lot Size Acres: 0.1060

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4596.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 82
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 16, 2015
Sold by
Luczak Daniel S
Bought by
Martinez Eduardo and Martinez Diana Jean
Seller's Agent
Carol Olney
The Real Estate Professionals
Buyer's Agent
Robin Banks
Teles Properties
List Price
$559,000
Sold Price
$560,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$1,052,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,989
Avg. Annual Appreciation
6.35%
Original Mortgage
$54,985
Outstanding Balance
$42,934
Interest Rate
3.98%
Mortgage Type
FHA
Estimated Equity
$1,010,055

Purchase Details

Closed on
May 7, 2010
Sold by
Harris Sloane
Bought by
Luczak Daniel S and Luczak Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2004
Sold by
Harris David Ryan
Bought by
Harris Sloane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2004
Sold by
Hanlon Ryan
Bought by
Harris Sloane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Irwin Mark
Bought by
Hanlon Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,350
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2002
Sold by
Hud
Bought by
Irwin Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
5.75%

Purchase Details

Closed on
Jun 13, 2002
Sold by
Washington Mutual Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Mar 8, 2002
Sold by
Jauregui Miriam A
Bought by
Washington Mutual Home Loans Inc

Purchase Details

Closed on
May 17, 1999
Sold by
Sum Andrew
Bought by
Jauregui Miriam A and Zamora Carolina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,855
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 1997
Sold by
Sum Andrew
Bought by
Sum Andrew K and Sum Cindy Yu Xia
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
Martinez Eduardo $560,000 Chicago Title
Luczak Daniel S $430,000 Fatcola
Harris Sloane -- Commonwealth Land Title
Harris Sloane E $408,000 Commonwealth Land Title Co
Hanlon Ryan $333,000 Southland Title Corporation
Irwin Mark $201,000 First Southwestern Title
Hud $153,077 First American Title Co
Washington Mutual Home Loans Inc $153,077 First American Title Ins Co
Jauregui Miriam A $140,000 American Coast Title
Sum Andrew K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Eduardo $54,985
Previous Owner Luczak Daniel S $344,000
Previous Owner Harris Sloane E $326,400
Previous Owner Hanlon Ryan $316,350
Previous Owner Irwin Mark $160,800
Previous Owner Jauregui Miriam A $138,855
Closed Irwin Mark $30,150
Closed Harris Sloane E $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2015 07/27/15 Sold $560,000 +0.2% $550 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $559,000 0.0% $549 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $559,000 -- $549 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,943 $662,917 $530,337 $132,580
2024 $7,862 $649,920 $519,939 $129,981
2023 $7,707 $637,178 $509,745 $127,433
2022 $7,343 $624,685 $499,750 $124,935
2021 $7,253 $612,437 $489,951 $122,486
2019 $7,032 $594,274 $475,420 $118,854
2018 $7,001 $582,623 $466,099 $116,524
2016 $6,692 $560,000 $448,000 $112,000
2015 $5,522 $461,829 $262,706 $199,123
2014 $5,544 $452,783 $257,560 $195,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15117684

California Regional Multiple Listing Service (CRMLS)

APN: 5486-012-031