NOT LISTED FOR SALE

Estimated Value: $1,576,000 - $1,622,000

4 Beds
3 Baths
3,185 Sq Ft
$504/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $1,050,000 $330 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,138/month

7 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Mediterranean Architecture
  • Open Floorplan
  • Main Floor Bedroom
  • Loft

About This Home

As of September 2019

616 S Avenye 61 is the epitome of Southern California Living at its best and minutes away to everthing!!!!! In the Oakhill Development and located in Monterey Hills, this home is the definition of LA Living. Start off in Melrose for breakfast at the many trendy coffee shops, spend lunch at Venich Beach catching a few waves and then spend the afternoon in Hollywood or Downtown LA to experience the energy of the nightlife. With Hermon Park, biking and hiking trails just steps away, Avenue 61 is ready for any adventure! And when you're ready for some R&R, your 3185 sq. ft. Mediterranean custom place will not disappoint. With the largest model in the development, no details have been overlooked. The gourmet kitchen opens to the great room providing enough room for those unexpected guest during the holidays. With Thermador and Bosch Stainless steel appliances, granite counter tops and maple cabinets, this is a dream kitchen for the Chef in the family. The oversized backyard is ready for an infinity pool overlooking the city of Los Angeles. National Blue Ribbon Private Schools surround the neighborhood along with renowned museums making this a perfect place for families. Come experience Ave 61!

Last Agent to Sell the Property

Giovanni Felizzari

Falcon Investment and Loans, Inc. License #01847218 Listed on: 07/31/2019

Last Buyer's Agent

Lucy Mao

Compass License #01779052

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,787

Year Built

  • Built in 2004

Lot Details

  • 6,602 Sq Ft Lot
  • Lot Dimensions are 48x136
  • East Facing Home
  • Wood Fence
  • Fence is in average condition
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Permanent Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,185 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Family Room Off Kitchen
  • Formal Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Closet In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Location

  • Urban Location

Schools

  • Abraham Lincoln High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 24 / 11
  • Tax Tract Number 4
  • Assessor Parcel Number 5312026046

Community Details

Overview

  • Oak Hills Assoc Association, Phone Number (805) 650-3404
  • Oak Hills HOA
  • Built by Oak Hill

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,787

Year Built

Built in 2004

Lot Details

0

HOA Fees

$104 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 2132005085
  • Other Phone Number: 2132005085
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Oak Hill Estates
  • View: Yes
  • Well Report: No
  • Zoning: LAR1
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5312026046
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3185.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Tile Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 329.67
  • Room Type: Family Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Permanent
  • Exterior Features: Rain Gutters
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Builder Name: Oak Hill
  • Patio And Porch Features: Patio Open, Front Porch
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Microwave, Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 104.00
  • Association Fee Frequency: Monthly
  • Association Name: Oak Hills Assoc
  • Phone: 805-650-3404
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks, Street Lights, Urban
  • Association Management: Oak Hills

Schools

  • School District: Los Angeles Unified
  • High School: Abraham Lincoln
  • High School: Abraham Lincoln
  • High School2: ABRLIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 48x136
  • Lot Size Sq Ft: 6602.00
  • Lot Size Acres: 0.1516

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6602.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 1837.02
  • Tax Lot: 24
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Aug 19, 2019
Sold by
Hernandez Wilfredo and Chen Patricia Jean
Bought by
Vasavada Rupangi C and Vasavada Navendu P
Seller's Agent
Giovanni Felizzari
Falcon Investment and Loans, Inc.
Buyer's Agent
Lucy Mao
Compass
List Price
$978,888
Sold Price
$1,050,000
Premium/Discount to List
$71,112
7.26%
Current Estimated Value
$1,604,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,212
Avg. Annual Appreciation
7.55%
Original Mortgage
$500,000
Outstanding Balance
$442,821
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,161,391
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
Vasavada Rupangi C $1,050,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasavada Rupangi C $500,000
Closed Vasavada Rupangi C $250,000
Previous Owner Hernandez Wilfredo $392,000
Previous Owner Chen Patricia Jean $200,000
Previous Owner Hernandez Wilfredo $60,000
Previous Owner Hernandez Wilfredo $482,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $1,050,000 +7.3% $330 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $978,888 -- $307 / 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
2024 $13,787 $1,125,809 $639,138 $486,671
2023 $13,519 $1,103,735 $626,606 $477,129
2022 $12,888 $1,082,094 $614,320 $467,774
2021 $12,720 $1,060,877 $602,275 $458,602
2019 $9,569 $786,789 $389,499 $397,290
2018 $9,486 $771,362 $381,862 $389,500
2016 $9,048 $741,411 $367,035 $374,376
2015 $8,917 $730,275 $361,522 $368,753
2014 $8,948 $715,971 $354,441 $361,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19182187

California Regional Multiple Listing Service (CRMLS)

APN: 5312-026-046