NOT LISTED FOR SALE

7227 Lemp Ave North Hollywood, CA 91605

Sun Valley Neighborhood

Estimated Value: $962,000 - $1,300,000

1 Bed
1 Bath
2,888 Sq Ft
$379/Sq Ft Est. Value

Last Sold February 18, 2015

Last sale price $525,000 $182 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,392/month

Highlights

  • No HOA
  • Cul-De-Sac
  • Laundry Room
  • North Hollywood Senior High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Detached Carport Space

About This Home

As of February 2015

SHORT SALE SUBJECT TO LENDER APPROVAL!

Last Agent to Sell the Property

Walter Lopez

WGRES INC. License #01884265 Listed on: 02/27/2014

Last Buyer's Agent

REGLA VERA

HomeBased Realty License #01228695

HomeBased Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,896

Year Built

  • Built in 1953

Lot Details

  • 6,625 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Detached Carport Space
  • Parking Available
  • Community Parking Structure

Home Design

  • 2,888 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Gas Cooktop
  • Laundry Room
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, trash collection
  • Tax Lot 30
  • Tax Tract Number 7978
  • Assessor Parcel Number 2316030030

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Trash Expense $50
  • Water Sewer Expense $90

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,896

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 90.00
  • Property Type: Residential Income
  • Parcel Number: 2316030030
  • Year Built: 1953
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 181.79

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Community Structure, Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Cul-De-Sac, 2-5 Units/Acre
  • Lot Size Sq Ft: 6625.00
  • Lot Size Acres: 0.1520

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Trash Collection

Multi Family

  • Electric Expense: 50.00
  • Lot Size Area: 6625.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Taxes Percent: 1.25
  • Tax Lot: 30
  • Tax Tract Number: 7978
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2014
Closed on
Feb 4, 2015
Sold by
Caceres Gloria J
Bought by
Benito Gloria and Benito Family Trust
Seller's Agent
Walter Lopez
WGRES INC.
Buyer's Agent
REGLA VERA
HomeBased Realty
List Price
$450,000
Sold Price
$525,000
Premium/Discount to List
$75,000
16.67%
Current Estimated Value
$1,093,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,157
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Sep 5, 2006
Sold by
Wilson Barbara B and Barbara B Wilson Living Trust
Bought by
Caceres Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,600
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 1, 2006
Sold by
Silliman Richard D and The Silliman Family Trust
Bought by
Silliman Richard D and The Silliman Family Non Exempt Marital T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,600
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 21, 2000
Sold by
Little Kathryne E
Bought by
Little Kathryne E and The Kathryne E Little Living Trust

Purchase Details

Closed on
Mar 28, 1997
Sold by
Silliman Richard D
Bought by
Silliman Richard D

Purchase Details

Closed on
May 1, 1993
Sold by
Wilson Barbara B
Bought by
Wilson Barbara B and Barbara B Wilson Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Benito Gloria $525,000 Lawyers Title Company
Caceres Gloria J $607,000 Old Republic Title Company
Silliman Richard D -- None Available
Silliman Richard D -- None Available
Little Kathryne E -- --
Silliman Richard D -- --
Wilson Barbara B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caceres Gloria J $485,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2015 02/18/15 Sold $525,000 +16.7% $182 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $450,000 -- $156 / 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 $7,896 $630,963 $519,196 $111,767
2024 $7,896 $618,592 $509,016 $109,576
2023 $7,749 $606,464 $499,036 $107,428
2022 $7,397 $594,573 $489,251 $105,322
2021 $7,296 $582,915 $479,658 $103,257
2019 $7,084 $565,848 $465,432 $100,416
2018 $6,977 $554,758 $456,306 $98,452
2016 $6,650 $533,006 $438,588 $94,418
2015 $8,364 $676,661 $557,384 $119,277
2014 $8,413 $663,407 $546,466 $116,941
Source: Public Records

Agents Affiliated with this Home

  • Walter Lopez

    Seller's Agent in 2015

    Walter Lopez

    WGRES INC.

    (818) 401-3937

    1 in this area

    90 Total Sales

    Walter Lopez
    Section Image

  • R

    Buyer's Agent in 2015

    REGLA VERA

    HomeBased Realty

    (818) 989-0102

    REGLA VERA
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14041116

California Regional Multiple Listing Service (CRMLS)

APN: 2316-030-030

California Los Angeles County North Hollywood 91605 Sun Valley

7227 Lemp Ave, North Hollywood, CA

This home is located at 7227 Lemp Ave, North Hollywood, CA 91605 since 27 February 2014 and is currently estimated at $1,093,157, approximately $378 per square foot. This property was built in 1953. 7227 Lemp Ave is a home located in Los Angeles County with nearby schools including Camellia Avenue Elementary School, Sun Valley Magnet School, and North Hollywood Senior High School.

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

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