Sold Mar 20, 2024
$3,515,000
Seller
$2,812,000
by Bmo Bank Na
Mortgage Due Apr 01, 2054
Sold Sep 04, 2014
$1,900,000
Buyer
Seller
$1,520,000
by Mufg Union Bank Na
Mortgage Due Sep 01, 2044
Local assessors in Pacific Palisades, CA have categorized 525 El Medio Avenue as a residential type of property.
The home was built in 1950 and is 74 years old.
It was most recently renovated and altered in 1953.
The property's lot size has been calculated to be 7,789 square feet.
Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style.
Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom.
As for the restroom situation, there are 2 full bathrooms.
There are also 2 partial bathrooms.
This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.
If we look only at the heated or air conditioned part of the building, then 525 El Medio Avenue has a total of 1,726 sqft of living area.
Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 26, 2024 for $3,515,000. That's $2,036.50 per sqft. Prior to that sales transaction, the property was also sold in Aug 20, 2014 for $1,900,000. 525 El Medio Avenue was last assessed in 2023. The total value of the property was assessed at $2,194,837. Specifically, the land the property is located on was valued at $1,755,871. While improvements on the property were assessed at a total of $438,966. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $25,289. The initial tax year of delinquency was in 2020. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 26, 2024 for $3,515,000. That's $2,036.50 per sqft. Prior to that sales transaction, the property was also sold in Aug 20, 2014 for $1,900,000. 525 El Medio Avenue was last assessed in 2023. The total value of the property was assessed at $2,194,837. Specifically, the land the property is located on was valued at $1,755,871. While improvements on the property were assessed at a total of $438,966. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $25,289. The initial tax year of delinquency was in 2020. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.
Building Info
Overview
Building
Neighborhood
Zoning
Geography
About West Los Angeles
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