NOT LISTED FOR SALE

1040 W 56th St Los Angeles, CA 90037

Vermont-Slauson Neighborhood

Estimated Value: $634,000 - $1,017,000

2 Beds
1 Bath
1,374 Sq Ft
$654/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $275,000 $200 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $5,286/month

85 Days on Market

Highlights

  • A-Frame Home
  • Living Room
  • Carpet
  • Breakfast Area or Nook
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2016

This is a great starter home. It has an over-sized living room, large formal dining room,spacious kitchen and big breakfast nook area. This street is nice and clean. House is centrally located to shopping, freeways and parks. This is must see home. APPROVED SHORT SALE!!!!!!

Last Agent to Sell the Property

Regina Hooks

Robert Pitts Luxury Estates License #01207855 Listed on: 10/26/2015

Last Buyer's Agent

Regina Hooks

Robert Pitts Luxury Estates License #01207855 Listed on: 10/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,295

Year Built

  • Built in 1912

Lot Details

  • 5,120 Sq Ft Lot
  • Property is zoned LAR2

Home Design

  • A-Frame Home

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Carpet
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5002-019-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,295

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: A-Frame
  • Street Number Display: Yes
  • Living Area: 1374
  • Stories: 1
  • Year Built: 1912
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Flooring: Carpet
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 200.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5002-019-005
  • Geocode Override: No
  • Lot Size Area: 5120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2016
Sold by
Ocean Development Inc
Bought by
Cd Asset Company Llc
Current Estimated Value
$898,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 26, 2015
Closed on
Mar 2, 2016
Sold by
Godfrey Stephanie
Bought by
Ocean Development Inc
Seller's Agent
Regina Hooks
Robert Pitts Luxury Estates
Buyer's Agent
Regina Hooks
Robert Pitts Luxury Estates
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$515,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Bonner Ronald R and Estate Of Mildred M Bonner
Bought by
Godfrey Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Cd Asset Company Llc $427,500 Lawyers Title
Ocean Development Inc $275,000 Fidelity National Title Co
Godfrey Stephanie $410,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cd Asset Company Llc $299,250
Previous Owner Ocean Development Inc $515,000
Previous Owner Godfrey Stephanie $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $275,000 0.0% $200 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $275,000 -- $200 / Sq Ft
Source: The MLS

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 $6,295 $496,143 $396,916 $99,227
2024 $6,295 $486,416 $389,134 $97,282
2023 $6,183 $476,879 $381,504 $95,375
2022 $5,909 $467,529 $374,024 $93,505
2021 $5,817 $458,363 $366,691 $91,672
2019 $5,649 $444,770 $355,816 $88,954
2018 $5,410 $436,050 $348,840 $87,210
2016 $4,394 $361,000 $289,000 $72,000
2015 $4,001 $328,000 $263,000 $65,000
2014 $3,759 $300,000 $240,300 $59,700
Source: Public Records

Agents Affiliated with this Home

  • Regina Hooks

    Seller's Agent in 2016

    Regina Hooks

    Robert Pitts Luxury Estates

    (213) 399-5499

    46 Total Sales

    Regina Hooks
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Map

Source: The MLS

MLS Number: 15-954213

The MLS

APN: 5002-019-005

California Los Angeles County Los Angeles 90037 Vermont-Slauson

1040 W 56th St, Los Angeles, CA

This home is located at 1040 W 56th St, Los Angeles, CA 90037 since 26 October 2015 and is currently estimated at $898,064, approximately $653 per square foot. This property was built in 1912. 1040 W 56th St is a home located in Los Angeles County with nearby schools including John Muir Middle School, Augustus F. Hawkins High A Critical Design And Gaming, and ICEF Innovation Los Angeles Charter School.

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