Seller's Agent in 2021
Jonathan Minerick
Homecoin.com
(888) 400-2513
1 in this area
6,784 Total Sales
1022 W 57th St Los Angeles, CA 90037
Vermont-Slauson NeighborhoodEstimated Value: $877,000 - $1,061,000
6
Beds
3
Baths
2,380
Sq Ft
$410/Sq Ft
Est. Value
Highlights
- Laundry Room
- Tile Flooring
- Level Lot
About This Home
As of October 2021This is an up and down duplex with loads of charm, and an oversized double car garage that screams ADU! The property sits back on the lot in a fenced yard. Downstairs is a very large four bedroom, two bath unit consisting of a large living room with a fireplace, large dining room, spacious kitchen, and service porch with a laundry hook up. Upstairs is a two bedroom one bath unit, also with a spacious living room, dining room, and kitchen. It also has a service porch with a washer and dryer hookup. At this time, the public records show this property as a four bedroom two bath, it is currently being corrected to reflect the true property characteristics of six bedrooms and three baths.
Last Agent to Sell the Property
Homecoin.com License #01523060 Listed on: 07/17/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,330
Year Built
- Built in 1940
Lot Details
- 6,114 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 4 Open Parking Spaces
- 2 Car Garage
Interior Spaces
- 2,380 Sq Ft Home
- 2-Story Property
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 171
- Assessor Parcel Number 5002018008
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $1,034
- Trash Expense $52
- Water Sewer Expense $65
- New Taxes Expense $1,945
- Operating Expense $3,100
- Gross Income $47,000
- Net Operating Income $47,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2021
Closed on
Oct 6, 2021
Sold by
Brooks Reggie and The Hillbilly Trust
Bought by
Obakhume Ahmed I
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Marquis Horace
Agee Realty
List Price
$979,000
Sold Price
$795,000
Premium/Discount to List
-$184,000
-18.79%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,424
Avg. Annual Appreciation
5.38%
Original Mortgage
$780,600
Outstanding Balance
$714,917
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$260,507
Purchase Details
Closed on
Mar 18, 2021
Sold by
Brooks Reggie
Bought by
Brooks Reggie and The Hillbilly Trust
Purchase Details
Closed on
Nov 21, 2008
Sold by
Brooks Ersoleen L
Bought by
Brooks Reggie
Purchase Details
Closed on
Nov 14, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Brooks Reggie
Purchase Details
Closed on
Feb 14, 2008
Sold by
Nichols Lamont D
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru
Purchase Details
Closed on
Dec 22, 2005
Sold by
Wilson Shamell and Estate Of Camille Wyatt
Bought by
Nichols Lamont
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
9.2%
Mortgage Type
Balloon
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Obakhume Ahmed I | $795,000 | First Amer Ttl Co Los Angele | |
| Brooks Reggie | -- | None Available | |
| Brooks Reggie | -- | Lsi Title Company Ca | |
| Brooks Reggie | $248,000 | Lsi Title Company Ca | |
| Hsbc Bank Usa Na | $1,000 | None Available | |
| Nichols Lamont | $495,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Obakhume Ahmed I | $780,600 | |
| Previous Owner | Nichols Lamont | $445,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2021 10/21/21 | Sold | $795,000 | 0.0% | $334 / Sq Ft |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- |
| 08/05/2021 08/05/21 | Price Changed | $795,000 | -13.5% | $334 / Sq Ft |
| 07/28/2021 07/28/21 | Price Changed | $919,000 | -6.1% | $386 / Sq Ft |
| 07/17/2021 07/17/21 | For Sale | $979,000 | -- | $411 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,330 | $843,659 | $339,586 | $504,073 |
| 2024 | $10,330 | $827,118 | $332,928 | $494,190 |
| 2023 | $10,136 | $810,900 | $326,400 | $484,500 |
| 2022 | $9,675 | $795,000 | $320,000 | $475,000 |
| 2021 | $3,855 | $295,029 | $190,343 | $104,686 |
| 2020 | $3,889 | $292,005 | $188,392 | $103,613 |
| 2019 | $3,747 | $286,281 | $184,699 | $101,582 |
| 2018 | $3,629 | $280,669 | $181,078 | $99,591 |
| 2016 | $3,452 | $269,773 | $174,048 | $95,725 |
| 2015 | $3,404 | $265,722 | $171,434 | $94,288 |
| 2014 | $3,430 | $260,518 | $168,076 | $92,442 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Minerick
-
Marquis Horace
M
Buyer's Agent in 2021
Marquis Horace
Agee Realty
(310) 717-2412
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21156795
APN: 5002-018-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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