5390 Somerset St Los Angeles, CA 90032

$571,000 Sold Price as of 09/14/2017

2 Beds
1 Baths
1,371 Sq.Ft.

Off Market

$571,000 Sold Price as of 09/14/2017 Refinance Your Mortgage

Map preview of 5390 Somerset St, Los Angeles, CA 90032

Property Overview: 5390 Somerset St Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,371 living square feet and 6,853 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5390 Somerset St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 5390 Somerset St

Last sold for $571,000 on September 14th, 2017

September, 2017
Sep 14, 2017

Date

Sold (Public Records)

Public Records

$571,000

Price
August, 2017
Aug 10, 2017

Date

Active Under Contract

CRMLS: CV17169765

$550,000

Price
Jul 25, 2017

Date

Active

CRMLS: CV17169765

$550,000

Price
Listing provided courtesy of CRMLS

Centrally located in the desirable El Sereno neighborhood of Los Angeles, property was built in 1941 and features 2 bedrooms, 1 bath with 1,371 sq ft of living area and a 6,854 sq ft lot. There is a fireplace conveniently located in open living room perfect for entertaining plus an additional basement area. Entry located on side of property, window awnings providing shade into home, and gate leading to backyard. Long drive way leads to detached garage and backyard, plenty of parking space in drive way and street. Conveniently located near the 10 fwy, schools, shopping centers, dining, and public transportation.

Continue Reading

Tax History for 5390 Somerset St

Assessed Value (2020): $594,067

Year	Land Value	Improved Value	Assessed Value
2020	$475,254	$118,813	$594,067

About 5390 Somerset St

Detailed summary of property

5390 Somerset St is a single family home in Los Angeles, CA 90032 and last sold on September 14, 2017 for $571,000. This house has 2 bedrooms, 1 bathrooms, roughly 1,371 living square feet, and sits on an approximately 6,853 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 49.02% lower than the current median priced home. 5390 Somerset St was last sold on September 14, 2017 for $571,000. Local nearby listings include 2305 Lillyvale Ave #173, 5484 Dobbs St #132 and 3113 N Eastern Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 5390 Somerset St Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5390 Somerset St

Public county record property details

Beds: 2
Baths: 1
Year built: 1941
Sq. Ft.: 1,371
Lot Size: 6,853
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 5219-022-008

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$789,000

Median List Price/Sq.Ft.

$652

Median Sold Price

$765,000

Median Sold Price/Sq.Ft.

$711

Total Inventory

Median Sale to List Price %

109.44%

Avg Days on Market

Loan Type

Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote