NOT LISTED FOR SALE

Estimated Value: $1,802,000 - $2,689,000

4 Beds
2 Baths
1,460 Sq Ft
$1,463/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $1,400,000 $959 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,354/month

169 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Living Room
  • 2-minute walk to Triangle Park

About This Home

As of February 2019

REDUCED $59,000.000 Great opportunity for an investor. Architect available to take through to completion. These plans were completed and design was taken to coastal commision and venice specific plan. The coastal commission said the design could be accepted for a 'coastal exempt status'(nickname: CEX). With this exemption, buyer will be spared an estimated one year's process with the coastal commission and it's rounds of public hearings.To apply for a coastal exemption is next step and would take 6 weeks, cost $1900 fee with application. The main criteria that the revised design meets in order to get the coastal exemption is that we use 50% or more of the walls that are there. There are other influencing factors that could see a project rejected, but we do not believe that any would apply to this project. For example, we have consciously limited our height so as not to exceed what is there presently for a 2,546 sq. ft. main house and a 512 sq. ft. studio/recreation room with a 1/2 bath for a total of 3,058 sq. ft. of top notch state of the art modern designed. These plans have not been submitted for approval as of yet, but the plans have been vetted through building and safety and meet all building requirements (buyer to do there own due diligence). The photo of an actual property is a match to the architectural plans. There is no guarantee the property will be exactly the same at completion.

Last Agent to Sell the Property

David Hochman

TLC Real Estate Services Inc License #00769094 Listed on: 07/30/2018

Last Buyer's Agent

Lance Lacy

Lacy & Co License #01904830

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 5,179 Sq Ft Lot
  • Private Yard
  • Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 5878
  • Assessor Parcel Number 4229010007

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4229010007
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1460.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 958.90
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 5179.00
  • Lot Size Acres: 0.1189

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5179.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2741.00
  • Tax Lot: 16
  • Tax Tract Number: 5878

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Jan 17, 2019
Sold by
O Rhyan Capital Management Llc
Bought by
Measer David S and Measer Dorothy Kersman
Seller's Agent
David Hochman
TLC Real Estate Services Inc
Buyer's Agent
Lance Lacy
Lacy & Co
List Price
$1,599,000
Sold Price
$1,400,000
Premium/Discount to List
-$199,000
-12.45%
Current Estimated Value
$2,237,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,765
Avg. Annual Appreciation
6.23%

Purchase Details

Listed on
Nov 19, 2017
Closed on
Apr 4, 2018
Sold by
Voigtlander Theodore William
Bought by
O Rhyan Capital Management Llc
Seller's Agent
David Hochman
TLC Real Estate Services Inc
Buyer's Agent
Rob Demate
TLC Real Estate Services Inc
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.49%
Original Mortgage
$920,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1994
Sold by
Southern California Fsla
Bought by
Voigtlander Theodore William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7%
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
Measer David S $1,400,000 Ticor Title Orange County Br
O Rhyan Capital Management Llc $1,150,000 Ticor Title
Voigtlander Theodore William $229,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner O Rhyan Capital Management Llc $920,000
Previous Owner Voigtlander Theodore William $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2019 02/01/19 Sold $1,400,000 -9.1% $959 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
09/28/2018 09/28/18 Price Changed $1,539,888 -0.6% $1,055 / Sq Ft
09/14/2018 09/14/18 Price Changed $1,549,888 -1.6% $1,062 / Sq Ft
08/17/2018 08/17/18 Price Changed $1,574,888 0.0% $1,079 / Sq Ft
08/17/2018 08/17/18 Price Changed $1,574,850 -1.5% $1,079 / Sq Ft
07/30/2018 07/30/18 For Sale $1,599,000 +39.0% $1,095 / Sq Ft
04/12/2018 04/12/18 Sold $1,150,000 +4.5% $788 / Sq Ft View Prior Sale
11/21/2017 11/21/17 Pending -- -- --
11/19/2017 11/19/17 For Sale $1,100,000 0.0% $753 / Sq Ft
07/15/2014 07/15/14 Rented $4,650 -7.0% --
07/15/2014 07/15/14 Under Contract -- -- --
02/24/2014 02/24/14 For Rent $5,000 -- --
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 $20,806 $1,728,104 $1,358,346 $369,758
2024 $20,551 $1,694,220 $1,331,712 $362,508
2023 $19,787 $1,632,000 $1,305,600 $326,400
2022 $18,861 $1,600,000 $1,280,000 $320,000
2021 $17,154 $1,442,793 $1,391,265 $51,528
2019 $2,715 $1,173,000 $1,122,000 $51,000
2018 $4,166 $342,057 $260,657 $81,400
2016 $3,972 $328,777 $250,537 $78,240
2015 $3,913 $323,839 $246,774 $77,065
2014 $3,934 $317,497 $241,941 $75,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18183580

California Regional Multiple Listing Service (CRMLS)

APN: 4229-010-007