NOT LISTED FOR SALE

Estimated Value: $1,013,000 - $1,154,000

3 Beds
2 Baths
952 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $870,000 $914 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,653/month

9 Days on Market

Highlights

  • Tandem Parking
  • Zoned Heating and Cooling
  • 1-Story Property

About This Home

As of September 2020

With the feeling of a private hideaway, these two charming bungalows on one lot present a great opportunity in happening Highland Park. The stylishly remodeled front and rear units are fully detached, each with private outdoor space. In the larger residence find an airy open layout featuring a well-equipped kitchen and two bedrooms providing versatility to work from home. The rear bungalow is a studio with French doors and seamless outdoor flow. Both dwellings evoke a sense of European flair with exposed wood elements, hard surface flooring, custom tile and showers of sunlight. Enclosed yard spaces are serene and sequestered, and common-use areas are nicely landscaped with drought-tolerant plantings. Amenities include air-conditioning, a storage structure and off-street parking. The setting is magical, yet just moments away from a variety of markets, dining and takeout along trendy thoroughfares Figueroa and York including Amara Cafe, Kitchen Mouse, Cookbook, Joy, Hinterhof and more.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 08/20/2020

Coldwell Banker Realty

Co-Listed By

Richard Michalowski

Compass License #01935805

Last Buyer's Agent

Christopher Grillo

Compass License #01985360

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,413 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Driveway

Utilities

  • Zoned Heating and Cooling
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5486-015-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

4,413 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 952
  • Lot Acreage: 0.1013
  • Stories: 1
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator, Washer, Dryer, Range/Oven
  • Price Per S Q F T: 734.24

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Multi/Zone
  • Heating: Zoned, Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 27.50
  • Assessed Improvement Value: 77852
  • Assessed Land Percent: 72.5
  • Assessed Land Value: 205201
  • Total Assessed Value: 283053
  • Assessor Parcel Number: 5486-015-021
  • Lot Size Area: 4413

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.65
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 21, 2020
Sold by
Paul Gaelle Marie Ange
Bought by
Roots Trevor and Roots Laurie Lyn
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Christopher Grillo
Compass
List Price
$699,000
Sold Price
$870,000
Premium/Discount to List
$171,000
24.46%
Current Estimated Value
$1,086,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,353
Avg. Annual Appreciation
4.13%
Original Mortgage
$652,500
Outstanding Balance
$579,051
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$507,302

Purchase Details

Closed on
Jun 2, 2017
Sold by
Rasmussen Niel A
Bought by
Paul Gaelle Marie Ange

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
Garcia Norma A
Bought by
Rasmussen Niel A and Rasmussen Paul Gaelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,889
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2009
Sold by
Garcia Norma A and Perez Living Trust
Bought by
Garcia Norma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,889
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2007
Sold by
Perez Amelia
Bought by
Perez Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.57%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 31, 2007
Sold by
Perez Amelia
Bought by
Garcia Norma A and Perez Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.57%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roots Trevor $870,000 Provident Title Company
Paul Gaelle Marie Ange -- Consumers Title Company
Rasmussen Niel A $254,500 Orange Coast Title
Garcia Norma A -- None Available
Perez Amelia -- Chicago Title Co
Garcia Norma A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roots Trevor $652,500
Previous Owner Paul Gaelle Marie Ange $440,000
Previous Owner Rasmussen Niel A $249,889
Previous Owner Perez Amelia $544,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $870,000 +24.5% $914 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $699,000 -- $734 / Sq Ft
Source: The MLS

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 $11,264 $941,714 $703,580 $238,134
2024 $11,264 $923,250 $689,785 $233,465
2023 $11,044 $905,148 $676,260 $228,888
2022 $10,525 $887,400 $663,000 $224,400
2021 $10,400 $870,000 $650,000 $220,000
2020 $3,778 $300,376 $217,760 $82,616
2019 $3,631 $294,488 $213,491 $80,997
2018 $3,587 $288,714 $209,305 $79,409
2016 $3,423 $277,504 $201,178 $76,326
2015 $3,374 $273,337 $198,157 $75,180
2014 $3,397 $267,984 $194,276 $73,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-619648

The MLS

APN: 5486-015-021

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