NOT LISTED FOR SALE

Estimated Value: $740,789 - $847,000

2 Beds
1 Bath
821 Sq Ft
$947/Sq Ft Est. Value

Last Sold September 21, 2019

Last sale price $505,000 $615 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,764/month

11 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Burning Fireplace

About This Home

As of September 2019

Perfect Lake Balboa One of the Best Location! Desirable and Very Quiet Street, Great buy for owner occupied or investment purpose. Large and Wide 8,100 sqft lot size, build your dream home in addition there are plenty room for ADU as a second dwelling..Too much to mention, Must See!
Run and grab this rare find opportunity!

Last Agent to Sell the Property

Arka Aklyan

Jack Arkai Inc. License #01382935 Listed on: 08/10/2019

Last Buyer's Agent

Arka Aklyan

Jack Arkai Inc. License #01382935 Listed on: 08/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 1953

Lot Details

  • 8,100 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 821 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 19145
  • Assessor Parcel Number 2233012016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,748

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2233012016
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 821.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 615.10
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1276.06
  • Tax Lot: 5
  • Tax Tract Number: 19145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2019
Closed on
Oct 2, 2019
Sold by
Nalbandyan Arthur
Bought by
Lazyan Mari
Seller's Agent
Arka Aklyan
Jack Arkai Inc.
Buyer's Agent
Arka Aklyan
Jack Arkai Inc.
List Price
$567,765
Sold Price
$505,000
Premium/Discount to List
-$62,765
-11.05%
Current Estimated Value
$777,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,197
Avg. Annual Appreciation
7.49%
Original Mortgage
$303,000
Outstanding Balance
$266,028
Interest Rate
3.5%
Estimated Equity
$511,169

Purchase Details

Listed on
Aug 10, 2019
Closed on
Oct 1, 2019
Sold by
Prospect Investment Group Llc
Bought by
Lazyan Mari
Seller's Agent
Arka Aklyan
Jack Arkai Inc.
Buyer's Agent
Arka Aklyan
Jack Arkai Inc.
List Price
$567,765
Sold Price
$505,000
Premium/Discount to List
-$62,765
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Outstanding Balance
$266,028
Interest Rate
3.5%
Estimated Equity
$511,169

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 12, 2019
Sold by
Smith Brian W and The Norman P Smith Trust
Bought by
Prospect Investments Group Llc
Seller's Agent
Peter Miller
Equity Union
Buyer's Agent
Arka Aklyan
Jack Arkai Inc.
List Price
$505,000
Sold Price
$482,000
Premium/Discount to List
-$23,000
-4.55%

Purchase Details

Closed on
Feb 1, 2016
Sold by
Smith Norman P and Smith Norman Patrick
Bought by
Smith Brian W and The Norman P Smith Trust
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
Lazyan Mari -- Lawyers Title
Lazyan Mari $505,000 Lawyers Title
Prospect Investments Group Llc $482,000 Lawyers Title
Smith Brian W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazyan Mari $303,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2019 09/21/19 Sold $505,000 -11.1% $615 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $567,765 +17.8% $692 / Sq Ft
08/07/2019 08/07/19 Sold $482,000 -4.6% $587 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $505,000 -- $615 / 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 $6,748 $552,285 $441,830 $110,455
2024 $6,748 $541,457 $433,167 $108,290
2023 $6,619 $530,841 $424,674 $106,167
2022 $6,312 $520,434 $416,348 $104,086
2021 $6,237 $510,231 $408,185 $102,046
2020 $6,299 $505,000 $404,000 $101,000
2019 $906 $56,871 $26,345 $30,526
2018 $817 $55,757 $25,829 $29,928
2016 $772 $53,594 $24,827 $28,767
2015 $700 $52,790 $24,455 $28,335
2014 $777 $51,756 $23,976 $27,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19191499

California Regional Multiple Listing Service (CRMLS)

APN: 2233-012-016