NOT LISTED FOR SALE

963 Farnam St Los Angeles, CA 90042

Estimated Value: $1,024,000 - $1,183,000

2 Beds
1 Bath
784 Sq Ft
$1,418/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $771,000 $983 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,908/month

12 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Tandem Parking
  • Studio bedroom

About This Home

As of May 2019

A sunny Cal Bungalow elevated above the street in Highland Park, a choice spot with lovely views. The home was built in 1926 and has been renovated with style, mindful of heritage details which remain intact. A welcoming sitting porch with scenic vistas leads to airy living and dining spaces featuring vintage windows, archways and hardwood floors. The kitchen has a center island, subway tile backsplash, a cool vintage stove and greenhouse window for your herbs. Two bedrooms include the Master with French doors opening to the patio; the bathroom is finished with penny tile and a soaking tub. Soundproofing in the garage makes it ready to be your music studio, plus there's a bonus laundry shed. The hardscape patio with pergola and built-in seating is a delightful space to entertain, and the large flat back yard takes in treetop views of Mount Washington. Right down the street, York Boulevard buzzes with local favorites Hinterhof, Kumquat Coffee, Joy, Town Pizza and more.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 04/01/2019

Coldwell Banker Realty

Co-Listed By

Melinda Rae

Coldwell Banker Realty License #02011155

Last Buyer's Agent

Sharaya Summers

Silverwood Properties License #02079310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,342

Year Built

  • Built in 1926

Lot Details

  • 6,310 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Bungalow

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Views of Hills
  • Oven or Range

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Tandem Parking
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5477-023-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,342

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 784
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Linoleum, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside, Room
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 886.48

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Tandem
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5477-023-014
  • Geocode Override: No
  • Lot Size Area: 6310

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Ayer Kelcey and Ayer Melanie
Bought by
Ayer Family Trust and Ayer
Current Estimated Value
$1,111,716

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 17, 2019
Sold by
Schmldt Galvan Josef L and Schmldt Galvan Deborah
Bought by
Ayer Kelcey and Ayer Melanie
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Sharaya Summers
Silverwood Properties
List Price
$695,000
Sold Price
$771,000
Premium/Discount to List
$76,000
10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$726,525
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Federal National Mortgage Association
Bought by
Galvan Josef L and Galvan Deborah Schmidt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,920
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2010
Sold by
Perry Lanny and Gamino Alma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 3, 2005
Sold by
Obregon Nelson and Obregon Ellen Fong
Bought by
Perry Lanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ayer Family Trust -- None Listed On Document
Ayer Kelcey $771,000 Provident Title
Galvan Josef L $310,000 Lawyers Title Company
Federal National Mortgage Association $452,632 Landsafe Title
Perry Lanny $440,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayer Family Trust $100,200
Previous Owner Ayer Kelcey $753,500
Previous Owner Ayer Kelcey $726,525
Previous Owner Galvan Josef L $357,000
Previous Owner Galvan Josef L $355,000
Previous Owner Galvan Josef L $303,500
Previous Owner Galvan Josef L $247,920
Previous Owner Perry Lanny $417,000
Previous Owner Perry Lanny $81,750
Previous Owner Perry Lanny $113,500
Previous Owner Perry Lanny $110,000
Previous Owner Perry Lanny $352,000
Previous Owner Obregon Nelson $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $771,000 +10.9% $983 / Sq Ft
04/01/2019 04/01/19 For Sale $695,000 -- $886 / 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 $10,342 $860,060 $688,050 $172,010
2024 $10,342 $843,197 $674,559 $168,638
2023 $10,141 $826,665 $661,333 $165,332
2022 $9,667 $810,457 $648,366 $162,091
2021 $9,553 $794,566 $635,653 $158,913
2020 $9,651 $786,420 $629,136 $157,284
2019 $4,965 $355,912 $284,710 $71,202
2018 $4,222 $348,934 $279,128 $69,806
2016 $4,031 $335,387 $268,290 $67,097
2015 $3,971 $330,351 $264,261 $66,090
2014 $3,990 $323,881 $259,085 $64,796
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-434974

The MLS

APN: 5477-023-014