NOT LISTED FOR SALE

Estimated Value: $783,000 - $1,492,000

6 Beds
4 Baths
1,632 Sq Ft
$627/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $395,000 $242 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $5,947/month

30 Days on Market

About This Home

As of June 2012

This home is located at 1030 W 42nd Place, Los Angeles, CA 90037 since 11 May 2012 and is currently estimated at $1,022,458, approximately $626 per square foot. This property was built in 1922. 1030 W 42nd Place is a home located in Los Angeles County with nearby schools including Menlo Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

Last Agent to Sell the Property

Alicia Mendoza

Real Estate Connection License #01193650 Listed on: 05/11/2012

Last Buyer's Agent

Alicia Mendoza

Real Estate Connection License #01193650 Listed on: 05/11/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,255

Year Built

  • Built in 1922

Lot Details

  • 6,758

Parking

  • 2 Parking Spaces

Home Design

  • 1,632 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,758 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 5020026018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,255

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5020026018
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 242.03

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6758.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lot Size Area: 6758.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 212
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2012
Closed on
Aug 2, 2012
Sold by
Ruiz Aristides
Bought by
Linarez Dina M and Ruiz Aristides
Seller's Agent
Alicia Mendoza
Real Estate Connection
Buyer's Agent
Alicia Mendoza
Real Estate Connection
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Current Estimated Value
$1,022,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,458
Avg. Annual Appreciation
7.41%

Purchase Details

Listed on
May 11, 2012
Closed on
May 8, 2012
Sold by
Ocean Development Inc
Bought by
Ruiz Aristides
Seller's Agent
Alicia Mendoza
Real Estate Connection
Buyer's Agent
Alicia Mendoza
Real Estate Connection
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Outstanding Balance
$268,340
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$754,118

Purchase Details

Closed on
Mar 22, 2011
Sold by
U S Bank National Association
Bought by
Seacliff Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2010
Sold by
Rush Robert
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 28, 2010
Sold by
Lewis Gladys
Bought by
Fernandez Francisco J

Purchase Details

Closed on
Jun 28, 2010
Sold by
Melendez Carlos
Bought by
Lewis Gladys

Purchase Details

Closed on
Apr 9, 2008
Sold by
Rush Robert
Bought by
Melendez Carlos and Melendez Wilfredo

Purchase Details

Closed on
Apr 13, 2006
Sold by
Melendez Wilfredo
Bought by
Rush Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2003
Sold by
Melendez Hortencia
Bought by
Melendez Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2002
Sold by
Melendez Maria Aurora
Bought by
Melendez Wilfredo and Melendez Carlos Alberto

Purchase Details

Closed on
Aug 15, 1998
Sold by
Melendez Wilfredo
Bought by
Melendez Maria Aurora

Purchase Details

Closed on
Jan 26, 1995
Sold by
Melendez Wilfredo
Bought by
Melendez Wilfredo and Melendez Dionicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
6.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Linarez Dina M -- None Available
Ruiz Aristides $395,000 Lawyers Title
Seacliff Properties Inc $187,000 Chicago Title
U S Bank National Association $159,699 Accommodation
Fernandez Francisco J -- None Available
Lewis Gladys -- None Available
Melendez Carlos -- None Available
Rush Robert $500,000 Investors Title Company
Rush Robert -- Investors Title Company
Melendez Wilfredo -- --
Melendez Wilfredo -- Chicago Title Co
Melendez Wilfredo -- --
Melendez Maria Aurora -- --
Melendez Wilfredo -- Stewart Title
Melendez Wilfredo -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Aristides $387,845
Previous Owner Seacliff Properties Inc $245,500
Previous Owner Rush Robert $400,000
Previous Owner Melendez Wilfredo $149,500
Previous Owner Melendez Wilfredo $107,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2012 06/25/12 Sold $395,000 -1.0% $242 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $399,000 -- $244 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,255 $496,131 $295,167 $200,964
2024 $6,255 $486,404 $289,380 $197,024
2023 $6,143 $476,867 $283,706 $193,161
2022 $5,871 $467,518 $278,144 $189,374
2021 $5,788 $458,352 $272,691 $185,661
2019 $5,622 $444,758 $264,603 $180,155
2018 $5,494 $436,038 $259,415 $176,623
2016 $5,241 $419,108 $249,343 $169,765
2015 $5,166 $412,813 $245,598 $167,215
2014 $5,196 $404,728 $240,788 $163,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1202606

California Regional Multiple Listing Service (CRMLS)

APN: 5020-026-018