NOT LISTED FOR SALE

Estimated Value: $502,000 - $555,525

2 Beds
1 Bath
600 Sq Ft
$884/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $500,000 $833 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,912/month

39 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Bungalow
  • Breakfast Area or Nook
  • Living Room
  • Ceramic Tile Flooring

About This Home

As of May 2024

BACK ON MARKET!!!This charming home is in the heart of Los Angeles. It is surrounded by great neighbors who maintain pride of ownership. This 2 spacious bedroom home was remodeled and exude lots of charm that will not disappoint. The kitchen has cherrywood cabinets offering plenty of storage space, granite countertops and ceramic tile flooring which collectively creates the ideal kitchen. The laundry room offers a great deal of storage space. All windows have been upgraded and the oversize garage is very spacious. The long driveway and spacious front yard offer a great space to entertain family and friends. Please do not disturb the tenant. Call for an appointment. The seller will be participating in a 1031 exchange. Seller sale is contingent upon seller's purchase of replacement property and closing escrow concurring. Back on Market because buyer could not perform.

Last Agent to Sell the Property

Regina Hooks

Robert Pitts Luxury Estates License #01207855 Listed on: 03/17/2024

Last Buyer's Agent

Fanny Hernandez Alvarez

Realty Connection Group License #02208934

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 2,640 Sq Ft Lot
  • Lot Dimensions are 40x66
  • Property is zoned LARD2

Home Design

  • Bungalow

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6038-009-025

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

2,640 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 600
  • Lot Acreage: 0.0606
  • Lot Dimensions: 40x66
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood Laminate
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Microwave
  • Price Per S Q F T: 791.67

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Garage - 1 Car, Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 6038-009-025
  • Lot Size Area: 2640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2024
Closed on
May 9, 2024
Sold by
Revocab Margaret Lee Virn Parker-Griffie and Revocab Virn Parker-Griffie
Bought by
Martinez Fredy E and Martinez Aura
Seller's Agent
Regina Hooks
Robert Pitts Luxury Estates
Buyer's Agent
Fanny Hernandez Alvarez
Realty Connection Group
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Views
232
Current Estimated Value
$530,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,131
Avg. Annual Appreciation
3.21%
Original Mortgage
$490,943
Outstanding Balance
$483,524
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$46,607

Purchase Details

Closed on
Apr 30, 2004
Sold by
Griffie Gaylin E
Bought by
Parker Griffie Margaret Lee Virn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1998
Sold by
Parker Griffie Margaret L
Bought by
Griffie Gaylin E and Parker Griffie Margaret Lee Virn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
7.06%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Griffie Gaylin E
Bought by
Parker Griffie Margaret Lee Virn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
7.06%
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
Martinez Fredy E $500,000 Fidelity National Title
Parker Griffie Margaret Lee Virn -- Chicago Title
Griffie Gaylin E -- Landsafe Title
Parker Griffie Margaret Lee Virn -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Fredy E $490,943
Previous Owner Parker Griffie Margaret Lee Virn $121,500
Previous Owner Parker Griffie Margaret Lee Virn $71,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $500,000 +5.3% $833 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $475,000 0.0% $792 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/17/2024 03/17/24 For Sale $475,000 -- $792 / Sq Ft
Source: The MLS

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 $1,479 $510,000 $495,720 $14,280
2024 $1,479 $109,429 $64,376 $45,053
2023 $1,457 $107,284 $63,114 $44,170
2022 $1,396 $105,181 $61,877 $43,304
2021 $1,375 $103,119 $60,664 $42,455
2020 $1,386 $102,062 $60,042 $42,020
2019 $1,337 $100,062 $58,865 $41,197
2018 $1,296 $98,101 $57,711 $40,390
2016 $1,238 $94,294 $55,471 $38,823
2015 $1,221 $92,878 $54,638 $38,240
2014 $1,236 $91,059 $53,568 $37,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-369789

The MLS

APN: 6038-009-025

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