NOT LISTED FOR SALE

Estimated Value: $1,754,000 - $2,932,889

4 Beds
5 Baths
5,284 Sq Ft
$456/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $1,720,000 $326 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $14,837/month

18 Days on Market

Highlights

  • 0.46 Acre Lot
  • Spanish Architecture
  • Home Office
  • Van Nuys High School Rated A
  • No HOA
  • Slab Porch or Patio

About This Home

As of May 2019

THE PROPERTY IS LOCATED IN THE HEART OF SF VALLEY AND HIGH DEMANDING AREA. GREAT OPPORTUNITY TO DEVELOP THE UNITS. APPROX. 20,000 SQFT FLAT LOT(97 X 205) MOSTLY ZONED R3. EXISTING BUILDING SPACE IS 5,284 SQFT. FULLY GATED AND WELL MAINTAINED PROPERTY. FIRST FLOOR HAS BEEN USING AS NURSERY SCHOOL OVER 20 YEARS. 2ND FLOOR IS CURRENTLY USING AS LIVING QUARTERS. 10+ PARKING SPACES. HUGE POTENTIAL!

Last Agent to Sell the Property

Bernard Min

Mint Real Estate License #00830569 Listed on: 03/07/2019

Last Buyer's Agent

Bernard Min

Mint Real Estate License #00830569 Listed on: 03/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,359

Year Built

  • Built in 1931

Lot Details

  • 0.46 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned LAR3

Home Design

  • Spanish Architecture
  • Combination Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 5,284 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 5 Full Bathrooms

Parking

  • 10 Parking Spaces
  • 10 Carport Spaces
  • Parking Available
  • RV Potential

Additional Features

  • Slab Porch or Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 12167
  • Assessor Parcel Number 2328010025

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,359

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR3
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2328010025
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 5284.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 325.51
  • Room Type: Den, Family Room, Office

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 10.00
  • Parking: Yes
  • Parking Features: Carport, RV Potential
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 19961.00
  • Lot Size Acres: 0.4582

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19961.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1235.10
  • Tax Lot: 5
  • Tax Tract Number: 12167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
May 8, 2019
Sold by
Park Ah Young
Bought by
6948 Woodman Llc
Seller's Agent
Bernard Min
Mint Real Estate
Buyer's Agent
Bernard Min
Mint Real Estate
List Price
$1,850,000
Sold Price
$1,720,000
Premium/Discount to List
-$130,000
-7.03%
Current Estimated Value
$2,354,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,299
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Park David H
Bought by
Park Ah Young

Purchase Details

Closed on
May 23, 2006
Sold by
Park David H
Bought by
Park David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2003
Sold by
Park David H and Park Dae Heung
Bought by
Park David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2001
Sold by
Park Dae Heung
Bought by
Park Dae Heung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%

Purchase Details

Closed on
Dec 22, 2000
Sold by
Park Ah Young
Bought by
Park Dae Heung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.54%

Purchase Details

Closed on
Sep 20, 1995
Sold by
Wilhoit Kenneth Hill and The Kenneth Hill Wilhoit Trust
Bought by
Park Dae H and Park Ah Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.42%

Purchase Details

Closed on
Nov 21, 1994
Sold by
Wilhoit Kenneth Hill
Bought by
Wilhoit Kenneth Hill and The Kenneth Hill Wilhoit Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
6948 Woodman Llc $1,720,000 Chicago Title Company
Park Ah Young -- None Available
Park David H -- Stewart Title
Park David H -- Chicago Title Co
Park Dae Heung -- First American Title Co
Park Dae Heung -- North American Title
Park Dae H $272,500 First American Title Co
Wilhoit Kenneth Hill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park David H $200,000
Previous Owner Park David H $742,500
Previous Owner Park Dae Heung $350,000
Previous Owner Park David H $279,000
Previous Owner Park Dae Heung $200,000
Previous Owner Park Dae Heung $100,000
Previous Owner Park Dae Heung $275,000
Previous Owner Park Dae Heung $264,000
Previous Owner Park Dae H $50,000
Previous Owner Park Dae H $202,500
Closed Park Dae H $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $1,720,000 -7.0% $326 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $1,850,000 -- $350 / 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 $23,359 $1,918,690 $1,918,690 --
2024 $23,359 $1,881,069 $1,881,069 --
2023 $22,911 $1,844,186 $1,844,186 $0
2022 $21,855 $1,808,026 $1,808,026 $0
2021 $21,573 $1,772,575 $1,772,575 $0
2019 $7,709 $600,923 $110,340 $490,583
2018 $7,430 $589,141 $108,177 $480,964
2016 $7,050 $566,266 $103,977 $462,289
2015 $6,949 $557,761 $102,416 $455,345
2014 $6,981 $546,836 $100,410 $446,426
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19050424

California Regional Multiple Listing Service (CRMLS)

APN: 2328-010-025