NOT LISTED FOR SALE

8501 Reading Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,399,367 - $1,548,000

3 Beds
2 Baths
1,492 Sq Ft
$992/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $575,000 $385 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $8,719/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Built-In Features
  • Floor Furnace
  • Wood Flooring
  • Dining Room
  • 1-Story Property

About This Home

As of December 2012

Completely refurbished 4 bedroom 2 bath home. Large kitchen with newer cabinets. Refinished hardwood floors throughout. Large master bedroom opens to the large rear yard. Great neighborhood and quiet street.

Last Agent to Sell the Property

Philip Gilboy

The Real Estate Consultants License #00950880 Listed on: 11/01/2012

Last Buyer's Agent

CARLOS BARRERA

License #01351042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,626

Year Built

  • Built in 1947

Lot Details

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

Parking

  • 2 Covered Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dining Room
  • Wood Flooring
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 4125-004-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,626

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: 1492
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 381.37

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessor Parcel Number: 4125-004-018
  • Lot Size Area: 6500

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2012
Closed on
Nov 21, 2012
Sold by
Andrade Louis and Andrade Janice A
Bought by
Ramirez Sergio and Ramirez Lizette
Seller's Agent
Philip Gilboy
The Real Estate Consultants
Buyer's Agent
CARLOS BARRERA
List Price
$569,000
Sold Price
$575,000
Premium/Discount to List
$6,000
1.05%
Current Estimated Value
$1,479,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$904,592
Avg. Annual Appreciation
7.30%
Original Mortgage
$558,734
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2012
Sold by
Andrade Louis and Andrade Janice A
Bought by
Andrade Louis and Andrade Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,734
Interest Rate
3.37%
Mortgage Type
FHA
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
Ramirez Sergio $575,000 Priority Title
Andrade Louis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Sergio $681,850
Closed Ramirez Sergio $690,000
Closed Ramirez Sergio $558,734
Previous Owner Andrade Louis $50,000
Previous Owner Andrade Louis $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $575,000 +1.1% $385 / Sq Ft
11/01/2012 11/01/12 For Sale $569,000 -- $381 / 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 $8,626 $708,058 $566,450 $141,608
2024 $8,626 $694,176 $555,344 $138,832
2023 $8,464 $680,565 $544,455 $136,110
2022 $8,077 $667,222 $533,780 $133,442
2021 $7,974 $654,140 $523,314 $130,826
2019 $7,738 $634,741 $507,794 $126,947
2018 $7,668 $622,296 $497,838 $124,458
2017 $1 $610,095 $488,077 $122,018
2016 $7,332 $598,133 $478,507 $119,626
2015 $7,225 $589,150 $471,320 $117,830
2014 $7,256 $577,610 $462,088 $115,522
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Philip Gilboy

    The Real Estate Consultants

  • C

    Buyer's Agent in 2012

    CARLOS BARRERA

See All Agents

Map

Source: The MLS

MLS Number: 12-633279

The MLS

APN: 4125-004-018

California Los Angeles County Los Angeles 90045 Westchester

8501 Reading Ave, Los Angeles, CA

This home is located at 8501 Reading Ave, Los Angeles, CA 90045 since 01 November 2012 and is currently estimated at $1,479,592, approximately $991 per square foot. This property was built in 1947. 8501 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.

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