NOT LISTED FOR SALE

5438 Colfax Ave North Hollywood, CA 91601

Estimated Value: $1,075,000 - $1,395,229

3 Beds
2 Baths
1,454 Sq Ft
$838/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $920,000 $633 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,392/month

34 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • No HOA
  • North Hollywood Senior High School Rated A
  • Wood Flooring
  • Double Pane Windows

About This Home

As of July 2020

Remodeled Duplex in Valley Village featuring 2 separate homes with a pool zoned LARD1.5 Front unit is 2 bed 1 bath fully remodeled from top to bottom with new kitchen cabinets, quartz counter tops, all Viking stainless steel appliances, new laminate flooring, dual pane windows, central heating and AC, brand new bathroom with subway tile and Kohler fixtures. Lots of bright light throughout. Lovely covered patio in back to enjoy the summer days next to the sparkling pool. Back Unit is 1 bed plus (huge bonus room/loft) 1 bath with hardwood floors and tile throughout. High ceilings and huge loft/bonus area upstairs. Both homes have back yards and share the pool. Long driveway for parking 4 cars. Amazing location close to Colfax Meadows Elementary, NoHo Arts District and the new NoHo West development. Take a virtual tour now: https://bit.ly/3cyHYz5

Last Agent to Sell the Property

Alin Glogovicean

Redfin Corporation License #01327641 Listed on: 05/14/2020

Redfin Corporation

Last Buyer's Agent

Brad Gilboe

Exp Realty of California Inc. License #01957502

Exp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,028

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,861 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • Duplex
  • Copper Plumbing

Interior Spaces

  • 1,454 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 9959
  • Assessor Parcel Number 2348001052

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Valley

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $700
  • Water Sewer Expense $700
  • New Taxes Expense $11,875
  • Operating Expense $13,875
  • Gross Income $60,000
  • Net Operating Income $580,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,028

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 700.00
  • Zoning: LARD1.5
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2348001052
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 632.74
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 700.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6861.00
  • Lot Size Acres: 0.1575

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6861.0000 Square Feet
  • Net Operating Income: 580000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: Yes
  • Total Expenses: 13875.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Census Tract: 1252.00
  • Tax Lot: 47
  • Tax Tract Number: 9959

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 10, 2020
Sold by
Glogovicean Alin C
Bought by
Ediey Ryan and Isasi Gabrielle
Seller's Agent
Alin Glogovicean
Redfin Corporation
Buyer's Agent
Brad Gilboe
Exp Realty of California Inc.
List Price
$949,000
Sold Price
$920,000
Premium/Discount to List
-$29,000
-3.06%
Current Estimated Value
$1,218,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,557
Avg. Annual Appreciation
5.47%
Original Mortgage
$782,000
Outstanding Balance
$693,426
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$525,131

Purchase Details

Closed on
Feb 18, 2013
Sold by
Marianna Jones Stephan Robert and Marianna Leshchinskya
Bought by
Glogovicean Alin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,875
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 2004
Sold by
Creative Management Services
Bought by
Jones Stephan Robert and Jones Marianna Leshchinskaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Mcleod Eric D
Bought by
Creative Management Services

Purchase Details

Closed on
Mar 3, 2003
Sold by
Title Norman R
Bought by
Mcleod Eric D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ediey Ryan $920,000 Stewart Title Of Ca Inc
Glogovicean Alin C $575,000 Old Republic Title Company
Jones Stephan Robert $555,000 --
Creative Management Services $345,000 Ctc
Mcleod Eric D $252,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ediey Ryan $782,000
Previous Owner Glogovicean Alin C $554,875
Previous Owner Jones Stephan Robert $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $920,000 +2.3% $633 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $899,000 -5.3% $618 / Sq Ft
05/14/2020 05/14/20 For Sale $949,000 -- $653 / 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 $12,028 $995,835 $597,501 $398,334
2024 $12,028 $976,310 $585,786 $390,524
2023 $11,796 $957,167 $574,300 $382,867
2022 $11,247 $938,400 $563,040 $375,360
2021 $11,111 $920,000 $552,000 $368,000
2020 $7,982 $647,435 $281,494 $365,941
2019 $7,667 $634,741 $275,975 $358,766
2018 $7,544 $622,296 $270,564 $351,732
2016 $7,204 $598,133 $260,058 $338,075
2015 $7,098 $589,149 $256,152 $332,997
2014 $7,129 $577,610 $251,135 $326,475
Source: Public Records

Agents Affiliated with this Home

  • Brad Gilboe

    Buyer's Agent in 2020

    Brad Gilboe

    Exp Realty of California Inc.

    (818) 632-2296

    18 in this area

    149 Total Sales

    Brad Gilboe
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20091846

California Regional Multiple Listing Service (CRMLS)

APN: 2348-001-052

California Los Angeles County North Hollywood 91601

5438 Colfax Ave, North Hollywood, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes