NOT LISTED FOR SALE

706 N Madison Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $545,000 - $784,000

1 Bed
1 Bath
400 Sq Ft
$1,581/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $475,000 $1,188 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,943/month

19 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 1-Story Property
  • John Marshall Senior High Rated A
  • Laundry Room

About This Home

As of October 2021

Beautiful modern remodel of a detached house in Silver Lake. Have your own oasis amidst a city life living. Beautiful kitchen with white shaker cabinetry, stainless appliances, quartz countertop; vinyl plank flooring all throughout; recessed lighting; Cozy, bright and open layout; The front and back yard is a great place for entertaining! Come check it out and be mesmerized by its beauty.

Last Agent to Sell the Property

Robert Compean

Urban Street Ventures, Inc License #01001161 Listed on: 09/09/2021

Last Buyer's Agent

Christian Dunlop

Equity Smart Real Estate Services License #02032804

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 1921

Lot Details

  • 1,406 Sq Ft Lot
  • Private Yard
  • Property is zoned LARD1.5

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 452
  • Assessor Parcel Number 5539020024

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,967

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5539020024
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 400.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1187.50
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Call Listing Office

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 1406.00
  • Lot Size Acres: 0.0323

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1406.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1914.20
  • Tax Lot: 452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 1, 2021
Sold by
Urban Street Ventures Inc
Bought by
Klausner Ryan
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Christian Dunlop
Equity Smart Real Estate Services
List Price
$490,000
Sold Price
$475,000
Premium/Discount to List
-$15,000
-3.06%
Current Estimated Value
$632,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,431
Avg. Annual Appreciation
7.78%
Original Mortgage
$451,250
Outstanding Balance
$413,737
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$218,694

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 7, 2021
Sold by
Gunning Steven R
Bought by
Urban Street Ventures Inc
Seller's Agent
Michelle Sferrino
Kase Real Estate
Buyer's Agent
Norie Whittaker
Jason Elle Real Estate, Inc.
List Price
$500,000
Sold Price
$385,000
Premium/Discount to List
-$115,000
-23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.97%
Original Mortgage
$420,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 1995
Sold by
Gunning Steven R
Bought by
Gunning Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
8.51%
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
Klausner Ryan $475,000 North American Title Company
Urban Street Ventures Inc $385,000 North American Title
Gunning Steven R -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klausner Ryan $125,000
Open Klausner Ryan $451,250
Closed Klausner Ryan $451,250
Previous Owner Urban Street Ventures Inc $420,000
Previous Owner Gunning Steven R $50,000
Previous Owner Gunning Steven R $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $475,000 -1.0% $1,188 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $480,000 -2.0% $1,200 / Sq Ft
09/09/2021 09/09/21 For Sale $490,000 +27.3% $1,225 / Sq Ft
04/20/2021 04/20/21 Sold $385,000 -23.0% $963 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $500,000 -- $1,250 / 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 $5,967 $504,073 $403,259 $100,814
2024 $5,967 $494,190 $395,352 $98,838
2023 $5,850 $484,500 $387,600 $96,900
2022 $5,572 $475,000 $380,000 $95,000
2021 $776 $56,256 $28,128 $28,128
2019 $754 $54,590 $27,295 $27,295
2018 $728 $53,520 $26,760 $26,760
2016 $691 $51,444 $25,722 $25,722
2015 $682 $50,672 $25,336 $25,336
2014 $693 $49,680 $24,840 $24,840
Source: Public Records

Agents Affiliated with this Home

  • Robert Compean

    Seller's Agent in 2021

    Robert Compean

    Urban Street Ventures, Inc

    (949) 241-9644

    1 in this area

    53 Total Sales

    Section Image
  • Michelle Sferrino

    Seller's Agent in 2021

    Michelle Sferrino

    Kase Real Estate

    (310) 650-2242

    1 in this area

    11 Total Sales

    Section Image
  • Norie Whittaker

    Seller Co-Listing Agent in 2021

    Norie Whittaker

    Jason Elle Real Estate Inc

    (310) 683-8972

    2 in this area

    15 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Christian Dunlop

    Equity Smart Real Estate Services

    (323) 258-4317

    1 in this area

    25 Total Sales

    Section Image

  • T

    Buyer Co-Listing Agent in 2021

    Trent Chavez

    Equity Smart Real Estate Services

    (323) 258-4317

    2 in this area

    20 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21199710

California Regional Multiple Listing Service (CRMLS)

APN: 5539-020-024

California Los Angeles County Los Angeles 90004 East Hollywood

706 N Madison Ave, Los Angeles, CA

This home is located at 706 N Madison Ave, Los Angeles, CA 90029 since 09 September 2021 and is currently estimated at $632,431, approximately $1,581 per square foot. This property was built in 1921. 706 N Madison Ave is a home located in Los Angeles County with nearby schools including Dayton Heights Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes