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3869 Olympiad Drive

3869 Olympiad Drive, Los Angeles, CA 90043
Sold Apr 26, 2019
$1,110,000
$903,500 by First Republic Bank
Mortgage Due Apr 01, 2031
Sold Apr 01, 2013
$649,000
$519,000 by Midwest Equity Mortgage Llc
Mortgage Due Apr 01, 2043
3869 Olympiad Drive has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 11 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3869 Olympiad Drive has 1,718 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,150 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,880 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3869 Olympiad Drive sold most recently in Apr 15, 2019 for a total of $1,110,000. If you work out the math, that's approximately a cost of $646.10 per sqft. Before that, the property was also sold for $649,000 in Mar 20, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,147 in taxes each year. 3869 Olympiad Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,190,141. If we break it down further, the land itself was valued at $904,615. Improvements to the property, however, were assessed at a total of $285,526. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,880
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,718
  • Building Area: 1,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4961
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 4961 LOT/SEC 84

Ownership

  • Current Owner : SHAFFER KIRK
  • Current Owner 2: ROUHI LEILA
  • Previous Owner : CONNOLLY JAMES
  • Previous Owner 2: MCDONNEL MICHELE
  • Owner Before Previous Owner: HAMMER REAL ESTATE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 703200

Zoning

  • Zoning: LCR1*

Geography

  • Assessors Map Reference: 51-B3
  • Subdivision Tract Number: 4961
  • Parcel: 5012-016-028
  • Lot: 84
  • Municipality: WEST /VEW PK/WNSR HLS
  • Latitude: 34.0008
  • Longitude: -118.342

    Address

  • Full Address: 3869 Olympiad Dr
  • Address - House Number: 3869
  • Address - Street Name: Olympiad
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: View Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 1142
  • Zip Code: 90043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,147
  • Tax Rate Code Area: 01-552

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,457,770
  • High Value: 1,785,556
  • Low Value: 1,129,984

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $903,500
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $903,500
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,190,141
  • Assessed Land Value: $904,615
  • Assessed Improvements Value: $285,526

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2019
  • Current Sale Recording Date: Apr 26, 2019
  • Current Sale Transaction ID: 11601651090
  • Current Sale Price: $1,110,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0374393
  • Previous Sale Recording Date: Apr 01, 2013
  • Previous Sale Contract Date: Mar 20, 2013
  • Previous Sale Amount: $649,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Apr 26, 2019
  • First Mortgage Loan Amount: $888,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Apr 01, 2013
  • Previous Mortgage Loan Amount: $519,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2043

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Frequently Asked Questions

What neighborhood is 3869 Olympiad Drive located in?
The 3869 Olympiad Drive is a house located in the neighborhood of View Park-Windsor Hills in View Park-Windsor Hills, Los Angeles.
What is the average sales price for listings in 3869 Olympiad Drive?
The average sales price for units in 3869 Olympiad Drive is $0 currently.

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