NOT LISTED FOR SALE

8411 Reading Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,288,204 - $1,708,000

3 Beds
1.5 Baths
1,421 Sq Ft
$1,054/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $1,040,000 $732 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,720/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • Garage
  • Wood Flooring
  • No HOA
  • Living Room

About This Home

As of September 2018

Stylish newly remodeled Westchester home on a large 6,500 sq.ft, R2 lot with tons of outdoor space, an expansive yard and wonderful open floor plan! Beautiful European hardwood floors lead you through a formal living room and sleek dining space. The kitchen boasts quartz counter tops, custom cabinetry, counter to ceiling subway tile, LED fixtures and stainless steel appliances. A bright inviting sun room serves as an informal living area with wall to wall windows opening to an entertainers backyard creating an unsurpassed indoor/outdoor flow. 3 generous bedrooms and 1 Bathroom with a French soaking tub complete this home. The large private backyard has a dedicated outdoor dining space to enjoy warm summer nights, a large paved outdoor lounge and still plenty of open space giving a park like vibe. A rear structure includes approx. 700 sq. ft of two bonus rooms and one ½ bath offering future opportunities for it's new owners. (not included in the square footage).

Last Agent to Sell the Property

David Yun

Compass License #01965361 Listed on: 07/29/2018

Compass

Last Buyer's Agent

James Suarez

Real Broker License #01433992

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,702

Year Built

  • Built in 1947

Lot Details

  • 6,500 Sq Ft Lot
  • Property is zoned LAR2

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Outdoor Features

  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4125-004-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,702

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1421
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 703.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Detached

Utilities

  • Cooling: Central
  • Heating: Baseboard, Central, Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4125-004-013
  • Geocode Override: No
  • Lot Size Area: 6500

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2018
Closed on
Sep 10, 2018
Sold by
Glowa Michael Jacob
Bought by
Maginnis Tippe Mary Ellen
Seller's Agent
David Yun
Compass
Buyer's Agent
James Suarez
Real Broker
List Price
$999,000
Sold Price
$1,040,000
Premium/Discount to List
$41,000
4.1%
Current Estimated Value
$1,497,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,801
Avg. Annual Appreciation
4.99%
Original Mortgage
$832,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2017
Closed on
Jun 22, 2017
Sold by
Ries Jerry L and Ries Family Trust
Bought by
Glowa Michael Jacob
Seller's Agent
Carol Anderson
RE/MAX Gateway
List Price
$799,900
Sold Price
$838,000
Premium/Discount to List
$38,100
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.72%
Original Mortgage
$636,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2006
Sold by
Ries Jerry L
Bought by
Ries Jerry L and The Ries Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
8.97%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Ries Jerry L and Ries Dolores M
Bought by
Ries Jerry L and Ries Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2003
Sold by
Ries Jerry L and Ries Dolores M
Bought by
Ries Jerry L and Ries Dolores M

Purchase Details

Closed on
Dec 26, 2000
Sold by
Miller Stephen N and Miller Cecilia Lewis
Bought by
Ries Jerry L and Ries Dolores M
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
Maginnis Tippe Mary Ellen $1,040,000 First American Title
Glowa Michael Jacob $838,000 Wfg National Title Company
Ries Jerry L -- Alliance Title Company
Ries Jerry L -- --
Ries Jerry L -- --
Ries Jerry L $332,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tippe Mary Ellen Maginnis $815,000
Closed Maginnis Tippe Mary Ellen $832,000
Previous Owner Glowa Michael Jacob $636,000
Previous Owner Ries Jerry L $695,000
Previous Owner Ries Jerry L $113,000
Previous Owner Ries Jerry L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $1,040,000 +4.1% $732 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
07/29/2018 07/29/18 For Sale $999,000 +19.2% $703 / Sq Ft
07/14/2017 07/14/17 Sold $838,000 +4.8% $758 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $799,900 -- $723 / Sq Ft
Source: The MLS

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 $18,702 $1,559,139 $928,109 $631,030
2024 $18,702 $1,528,568 $909,911 $618,657
2023 $18,341 $1,498,597 $892,070 $606,527
2022 $17,490 $1,469,214 $874,579 $594,635
2021 $17,198 $1,180,907 $857,431 $323,476
2019 $12,481 $1,040,000 $832,000 $208,000
2018 $10,226 $838,000 $670,400 $167,600
2017 $5,262 $431,038 $344,836 $86,202
2016 $5,140 $422,587 $338,075 $84,512
2015 $5,065 $416,240 $332,997 $83,243
2014 $5,088 $408,088 $326,475 $81,613
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Yun

    Compass

    Section Image
  • James Suarez

    Buyer's Agent in 2018

    James Suarez

    Real Broker

    (310) 902-1004

    103 in this area

    397 Total Sales

    James Suarez
    Section Image

  • J

    Buyer's Agent in 2018

    James Scott Suarez

  • Orlando Ravelo

    Buyer Co-Listing Agent in 2018

    Orlando Ravelo

    Real Broker

    (310) 596-0882

    21 in this area

    34 Total Sales

    Orlando Ravelo
    Section Image
  • Carol Anderson

    Seller's Agent in 2017

    Carol Anderson

    RE/MAX

    1 in this area

    157 Total Sales

    Carol Anderson
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jason Feld

    No Firm Affiliation

See All Agents

Map

Source: The MLS

MLS Number: 18-369704

The MLS

APN: 4125-004-013

California Los Angeles County Los Angeles 90045 Westchester

8411 Reading Ave, Los Angeles, CA

This home is located at 8411 Reading Ave, Los Angeles, CA 90045 since 29 July 2018 and is currently estimated at $1,497,801, approximately $1,054 per square foot. This property was built in 1947. 8411 Reading Ave is a home located in Los Angeles County with nearby schools including Westport Heights Elementary, Wright Middle School STEAM Magnet, and Westchester Enriched Sciences Magnets.

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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