NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,588,000

3 Beds
2 Baths
1,156 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $900,000 $779 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,834/month

66 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Wall Furnace
  • John Marshall Senior High Rated A
  • Laundry Room

About This Home

As of May 2022

An amazing diamond in the rough awaits its future owner. This property has tremendous potential. Sitting in a prime Virgil Village location near LA City College with local elementary, middle school, high school and, local park. Bordering Silver Lake, Sunset Junction & Dayton Heights. With some TLC, this property will be magnificent, attracting fixer-uppers and investors alike! Zoned LARD1.5 usecode is duplex, however could be used as a 3 bed, 2 bath single family home or a duplex with 2bed, 1bath unit and a 1bed, 1bath unit all on one level & sharing one common wall. The interior size is 1,109 sq ft on an approximately 4,400 sqft lot with one gas meter & one electric meter. The property also features a very large basement w/ 3/4 bath, laundry area and, multiple rooms. Currently no garage, but space for about 5 cars. Probate sale, no court confirmation.

Last Agent to Sell the Property

Ed Sanchez

EMPOWER Real Estate License #01293683 Listed on: 01/16/2022

EMPOWER Real Estate

Last Buyer's Agent

YANHUA LIU

RE/MAX ELITE REALTY License #02080444

RE/MAX ELITE REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,398 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned LARD1.5

Home Design

  • Fixer Upper

Interior Spaces

  • 1,156 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 275
  • Tax Tract Number 191420
  • Assessor Parcel Number 5539013003
  • $310 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

4,398 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5539013003
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1156.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 778.55
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 4398.00
  • Lot Size Acres: 0.1010

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4398.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1914.20
  • Tax Lot: 275
  • Tax Tract Number: 191420
  • TaxOtherAnnualAssessmentAmount: 310.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
Apr 8, 2022
Sold by
Xiaofang He
Bought by
He Wusong
Seller's Agent
Ed Sanchez
EMPOWER Real Estate
Buyer's Agent
YANHUA LIU
RE/MAX ELITE REALTY
List Price
$849,900
Sold Price
$900,000
Premium/Discount to List
$50,100
5.89%
Current Estimated Value
$1,306,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,191
Avg. Annual Appreciation
10.05%
Original Mortgage
$720,000
Outstanding Balance
$672,704
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$633,487

Purchase Details

Listed on
Jan 16, 2022
Closed on
Apr 4, 2022
Sold by
Benitez Jorge L
Bought by
He Wusong
Seller's Agent
Ed Sanchez
EMPOWER Real Estate
Buyer's Agent
YANHUA LIU
RE/MAX ELITE REALTY
List Price
$849,900
Sold Price
$900,000
Premium/Discount to List
$50,100
5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$672,704
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$633,487
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
He Wusong -- Lawyers Title
He Wusong $900,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Wusong $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $900,000 +5.9% $779 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
01/16/2022 01/16/22 For Sale $849,900 -- $735 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,560 $955,086 $742,845 $212,241
2024 $11,560 $936,360 $728,280 $208,080
2023 $11,337 $918,000 $714,000 $204,000
2022 $875 $54,468 $33,238 $21,230
2021 $858 $53,401 $32,587 $20,814
2019 $836 $51,819 $31,621 $20,198
2018 $790 $50,803 $31,001 $19,802
2016 $743 $48,833 $29,799 $19,034
2015 $735 $48,101 $29,352 $18,749
2014 $749 $47,160 $28,778 $18,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22008396

California Regional Multiple Listing Service (CRMLS)

APN: 5539-013-003

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