NOT LISTED FOR SALE

Estimated Value: $1,495,000 - $1,760,255

5 Beds
2 Baths
1,784 Sq Ft
$922/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $975,000 $547 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $10,226/month

15 Days on Market

Highlights

  • Spa
  • 4 Car Garage
  • 1-Story Property
  • Linwood E. Howe Elementary School Rated A-

About This Home

As of June 2014

Corner Lot Duplex in desirable "Rancho Higuera" area Culver City. Classic '47 duplex w/easy walk to downtown Culver City points of culture. A-1 Culver City services & schools. One unit leased w/front yard for tenant. Large side yard for owners. Drive by only.

Last Agent to Sell the Property

bruce forman

Coldwell Banker Realty License #00832728 Listed on: 04/28/2014

Coldwell Banker Realty

Last Buyer's Agent

Elizabeth Maddox

License #01921425

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,957

Year Built

  • Built in 1947

Lot Details

  • 5,836

Parking

  • 4 Car Garage

Interior Spaces

  • 1,784 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Spa
  • 5,836 Sq Ft Lot
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4206-001-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,957

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1784
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 532.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4206-001-016
  • Geocode Override: No
  • Lot Size Area: 5836

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: 1+2, 1+3
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jul 23, 2014
Sold by
Mackey John Kevin
Bought by
John Kevin Mackey and Chee Eng Mackey Revo
Seller's Agent
bruce forman
Coldwell Banker Realty
Buyer's Agent
Elizabeth Maddox
List Price
$950,000
Sold Price
$975,000
Premium/Discount to List
$25,000
2.63%
Current Estimated Value
$1,645,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,314
Avg. Annual Appreciation
5.09%

Purchase Details

Listed on
Apr 28, 2014
Closed on
May 15, 2014
Sold by
Hutchinson David
Bought by
Mackey John Kevin and Mackey Chee Eng
Seller's Agent
bruce forman
Coldwell Banker Realty
Buyer's Agent
Elizabeth Maddox
List Price
$950,000
Sold Price
$975,000
Premium/Discount to List
$25,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 1999
Sold by
Shay Elsa M
Bought by
Hutchinson David and Hutchinson Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.97%
Mortgage Type
Balloon
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
John Kevin Mackey -- None Available
Mackey John Kevin -- None Available
Mackey John Kevin $975,000 Lawyers Title
Hutchinson David $300,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackey John Kevin $900,000
Closed Mackey John Kevin $679,672
Closed Mackey John Kevin $750,000
Previous Owner Hutchinson David $200,000
Previous Owner Hutchinson David $295,000
Previous Owner Hutchinson David $40,000
Previous Owner Hutchinson David $265,500
Previous Owner Hutchinson David $240,000
Closed Hutchinson David $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $975,000 +2.6% $547 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $950,000 -- $533 / 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 $15,957 $1,195,208 $717,126 $478,082
2024 $15,957 $1,171,773 $703,065 $468,708
2023 $15,367 $1,148,798 $689,280 $459,518
2022 $14,624 $1,126,273 $675,765 $450,508
2021 $14,525 $1,104,190 $662,515 $441,675
2019 $13,929 $1,071,441 $642,865 $428,576
2018 $13,703 $1,050,433 $630,260 $420,173
2016 $12,861 $1,009,645 $605,787 $403,858
2015 $12,778 $994,480 $596,688 $397,792
2014 $5,854 $376,131 $250,755 $125,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-756765

The MLS

APN: 4206-001-016