NOT LISTED FOR SALE

5812 Tipton Way Los Angeles, CA 90042

Highland Park Neighborhood

Estimated Value: $1,264,908 - $1,420,000

3 Beds
1 Bath
1,507 Sq Ft
$882/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $615,000 $408 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,768/month

136 Days on Market

Highlights

  • No HOA
  • Eagle Rock High School Rated A
  • Central Heating and Cooling System

About This Home

As of November 2014

This charming craftsman ranch cottage is truly one of a kind. The home rests on a large 7,500 square foot lot and was built in 1909. The property is located at the end of a quiet cul-de-sac hillside in the highly sought out Highland Park/Eagle Rock area. The neighborhood is in the midst of rapid gentrification. The current owner refurbished the property recently, including a newly remodeled modern kitchen w/ new appliances including a Viking counter top range. The outside of the house is freshly painted and new floors have been installed. The home boasts fantastic curb appeal with a newly landscaped front yard. The home has updated copper plumbing, electrical and centralized A/C and heating. Upgrades also include low voltage recessed dimmable lighting and a home security system. Also featured is a bonus room underneath the house that can be used as a storage/ work room. The large backyard contains a quaint gazebo perfect for dinner parties and has a fantastic panoramic views of Eagle Rock and South Pasadena. The Assessor has the subject property as 4 bedrooms + 1 bath. In actuality, it has 3 bedrooms + Bonus Room + 2 baths - however, one bathroom is non-permitted.

Last Agent to Sell the Property

Jaime Roque

J Roque & Associates License #01051186 Listed on: 10/08/2014

Last Buyer's Agent

Liz Johnson

Compass License #00803070

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,946

Year Built

  • Built in 1909

Lot Details

  • 7,508 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 1 Car Garage

Interior Spaces

  • 1,507 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 5480011010

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,946

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5480011010
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1507.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 408.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Sprinklers Timer
  • Lot Size Sq Ft: 7508.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7508.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2014
Closed on
Oct 17, 2014
Sold by
Fanarof Joseph Alon
Bought by
Krafft Laura
Seller's Agent
Jaime Roque
J Roque & Associates
Buyer's Agent
Liz Johnson
Compass
List Price
$595,000
Sold Price
$615,000
Premium/Discount to List
$20,000
3.36%
Current Estimated Value
$1,329,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,727
Avg. Annual Appreciation
7.21%
Original Mortgage
$492,000
Outstanding Balance
$380,177
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$930,312

Purchase Details

Closed on
Jul 2, 2007
Sold by
Fanarof Joseph Alon
Bought by
Fanarof Joseph Alon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Koehler Patti Koenig and Koenig Patti M
Bought by
Fanarof Joseph Alon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2000
Sold by
Mintzer Judy Koenig
Bought by
Koehler Patti Koenig

Purchase Details

Closed on
Aug 15, 1995
Sold by
Proctor Larry
Bought by
Koenig Patti
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
Krafft Laura $615,000 Old Republic Title Company
Fanarof Joseph Alon -- North American Title Co
Fanarof Joseph Alon -- North American Title Co
Fanarof Joseph Alon $322,000 American Title Co
Koehler Patti Koenig -- Ticor Title Co
Koehler Patti Koenig -- Ticor Title Co
Koehler Patti Koenig -- --
Mintzer Judy Koenig -- --
Koenig Patti -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krafft Laura $492,000
Previous Owner Fanarof Joseph Alon $370,051
Previous Owner Fanarof Joseph Alon $365,000
Previous Owner Fanarof Joseph Alon $125,000
Previous Owner Fanarof Joseph Alon $257,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2014 11/13/14 Sold $615,000 +3.4% $408 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $595,000 -3.3% $395 / Sq Ft
07/10/2014 07/10/14 Off Market $615,000 -- --
06/01/2014 06/01/14 For Sale $595,000 -- $395 / 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 $8,946 $739,128 $567,630 $171,498
2024 $8,946 $724,636 $556,500 $168,136
2023 $8,773 $710,429 $545,589 $164,840
2022 $8,364 $696,500 $534,892 $161,608
2021 $8,260 $682,844 $524,404 $158,440
2019 $8,012 $662,592 $508,850 $153,742
2018 $7,953 $649,601 $498,873 $150,728
2016 $7,599 $624,378 $479,502 $144,876
2015 $7,488 $615,000 $472,300 $142,700
2014 $4,721 $373,455 $277,891 $95,564
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jaime Roque

    J Roque & Associates

  • L

    Buyer's Agent in 2014

    Liz Johnson

    Compass

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14113710

California Regional Multiple Listing Service (CRMLS)

APN: 5480-011-010

California Los Angeles County Los Angeles 90042 Highland Park

5812 Tipton Way, Los Angeles, CA

This home is located at 5812 Tipton Way, Los Angeles, CA 90042 since 08 October 2014 and is currently estimated at $1,329,727, approximately $882 per square foot. This property was built in 1909. 5812 Tipton Way is a home located in Los Angeles County with nearby schools including Annandale Elementary, Luther Burbank Middle School, and Eagle Rock High School.

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

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