NOT LISTED FOR SALE

951 Micheltorena St Los Angeles, CA 90026

Estimated Value: $1,595,000 - $1,838,321

3 Beds
2 Baths
1,324 Sq Ft
$1,329/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $1,200,000 $906 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,526/month

195 Days on Market

Highlights

  • Detached Guest House
  • View of Trees or Woods
  • Retreat
  • John Marshall Senior High Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2019

GREAT FAMILY NEIGHBORHOOD!! HUGE LOT! POSSIBLE SMALL UNIT DEVELOPMENT POTENTIAL? OVER AN 11,000 SF LOT!! EXTREME POTENTIAL!! HOME + GUEST HOUSE + ARTIST STUDIO!! 3 SEPARATE STRUCTURES ON A HUGE LOT! Welcome to Shangri-La! Grand Setting sitting far back from the city street, offering a Loving Home PLUS Guest House! The Home consists of 2 Bedrooms, Fireplace, and opens to your winding, curled Trail through your Woodsy Grounds. The 1+1 Guest House is privately separated from the Main Home. Grounds feature serene trails, from a classic antiquated BBQ winding thru Lush Foliage to a Meditation Room, separate and apart from the hustle and bustle of the City Clatter, which brings you that much closer to Shangri-La! Tandem Parking for 4-5 cars. Plenty of Storage and so much more! In the novel, the people who live at Shangri-La are almost immortal, living hundreds of years beyond the normal lifespan - very slowly aging in appearance. We hope that this Lovely Estate does the same for you!

Last Agent to Sell the Property

Bruce Jay

Bruce Jay Associates License #00559166 Listed on: 03/09/2019

Last Buyer's Agent

Mary Price

Kingston Realty License #01522190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,777

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • Property is zoned LAR2

Property Views

  • Woods
  • Trees
  • Peek-A-Boo

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Oven or Range
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat

Parking

  • 4 Parking Spaces
  • Carport

Additional Homes

  • Detached Guest House

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5427-030-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,777

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1324
  • Stories: 1
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1053.63

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Peek-A-Boo, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5427-030-006
  • Geocode Override: No
  • Lot Size Area: 11222

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Sep 26, 2019
Sold by
Ayala Alexis Fernando
Bought by
Yee David Tzer Chyi and Lei Lily
Seller's Agent
Bruce Jay
Bruce Jay Associates
Buyer's Agent
Mary Price
Kingston Realty
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Current Estimated Value
$1,759,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,830
Avg. Annual Appreciation
6.66%
Original Mortgage
$700,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2018
Sold by
Rogers Linda and The Ralph William Schriber Rev
Bought by
Ayala Alexis Fernando

Purchase Details

Closed on
Jan 30, 2008
Sold by
Schreiber Ralph William
Bought by
Rogers Linda and Ralph William Schreiber Revocable Trust
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
Yee David Tzer Chyi $1,200,000 Fidelity National Title
Ayala Alexis Fernando -- Priority Title
Ayala Alexis Fernando -- None Available
Rogers Linda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yee David Tzer Chyi $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $1,200,000 -14.0% $906 / Sq Ft
03/09/2019 03/09/19 For Sale $1,395,000 -- $1,054 / 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 $15,777 $1,312,369 $1,049,897 $262,472
2024 $15,777 $1,286,637 $1,029,311 $257,326
2023 $15,471 $1,261,410 $1,009,129 $252,281
2022 $14,750 $1,236,678 $989,343 $247,335
2021 $14,575 $1,212,431 $969,945 $242,486
2019 $10,097 $832,320 $665,856 $166,464
2018 $10,019 $816,000 $652,800 $163,200
2016 $749 $50,064 $32,074 $17,990
2015 $740 $49,313 $31,593 $17,720
2014 $753 $48,348 $30,975 $17,373
Source: Public Records

Agents Affiliated with this Home

  • Bruce Jay

    Seller's Agent in 2019

    Bruce Jay

    Bruce Jay Associates

    (323) 667-1000

    17 Total Sales

    Bruce Jay
    Section Image

  • M

    Buyer's Agent in 2019

    Mary Price

    Kingston Realty

    (626) 964-8999

    9 Total Sales

    Mary Price
    Section Image
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Map

Source: The MLS

MLS Number: 19-442358

The MLS

APN: 5427-030-006

California Los Angeles County Los Angeles 90026

951 Micheltorena St, Los Angeles, CA

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