NOT LISTED FOR SALE

1050 W 42nd Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $759,000 - $950,000

4 Beds
2 Baths
1,840 Sq Ft
$463/Sq Ft Est. Value

Last Sold January 04, 2012

Last sale price $265,000 $144 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $4,865/month

24 Days on Market

Highlights

  • Fireplace
  • Bungalow
  • Heating System Uses Natural Gas
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of January 2012

What a great opportunity to purchase a home and recieve income from the second unit. This property features two units side by side. The units are mirror images of each other, both 2 bedrooms, 1 bath. Each unit is finished with beautiful new flooring, new paint,updated kitchen, updated bathrooms, and windows throughout. Sharp property with lots of flexibility. You've got it all!

Last Agent to Sell the Property

Elliot Lewis

Elliot Lewis, Broker License #01411286 Listed on: 11/04/2011

Last Buyer's Agent

Edgar Salazar

Executive Realty Solutions License #01387211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1922

Lot Details

  • 6,755 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,840 Sq Ft Home
  • Fireplace
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 0.16
  • Assessor Parcel Number 5020026022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,350

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 562-713-0037
  • Property Attached: No
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5020026022
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1840.00
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 144.02

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 6755.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6755.0000 Square Feet

Tax Info

  • Tax Lot: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2011
Closed on
Nov 28, 2011
Sold by
Jtree Investments Llc
Bought by
Amaya Carlos Jesus
Seller's Agent
Elliot Lewis
Elliot Lewis, Broker
Buyer's Agent
Edgar Salazar
Executive Realty Solutions
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$851,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,762
Avg. Annual Appreciation
8.83%
Original Mortgage
$261,206
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2011
Sold by
Montesinos Jorge Cruz
Bought by
J Tree Investments Llc

Purchase Details

Closed on
Dec 23, 2006
Sold by
Puentes Ramona Sanchez
Bought by
Montesinos Jorge Cruz and Puentes Ramona Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Montesinos Jorge Cruz
Bought by
Puentes Ramona Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
7.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 1999
Sold by
Delphine Group Llc
Bought by
Montesinos Jorge Cruz and Sanchez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,731
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1999
Sold by
Evans Donald M
Bought by
Delphine Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,731
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1999
Sold by
Evans Cami
Bought by
Evans Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,731
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1999
Sold by
Ward John
Bought by
Evans Donald M and Ward John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,731
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1999
Sold by
World Svgs Bank
Bought by
Ward John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.1%

Purchase Details

Closed on
Aug 25, 1998
Sold by
Green Goltha
Bought by
World Svgs Bank Fsb
Source: Public Records

Range of Values:

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Average Value
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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
Amaya Carlos Jesus $268,000 Ticor Title Company
J Tree Investments Llc -- None Available
Montesinos Jorge Cruz -- New Century Title Company
Puentes Ramona Sanchez -- United Independent Title Ins
Montesinos Jorge Cruz $189,000 United Title Company
Delphine Group Llc -- United Title Company
Evans Donald M -- United Title
Ward John S -- United Title
Evans Donald M -- United Title Company
Ward John $114,500 Fidelity National Title Ins
Ward John -- Fidelity National Title Ins
World Svgs Bank Fsb $134,317 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amaya Carlos Jesus $261,206
Previous Owner Montesinos Jorge Cruz $315,000
Previous Owner Puentes Ramona Sanchez $233,000
Previous Owner Montesinos Jorge Cruz $187,731
Previous Owner Evans Donald M $120,000
Previous Owner Ward John $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2012 01/04/12 Sold $265,000 0.0% $144 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
11/28/2011 11/28/11 Price Changed $265,000 +6.4% $144 / Sq Ft
11/07/2011 11/07/11 Price Changed $249,000 -7.4% $135 / Sq Ft
11/04/2011 11/04/11 For Sale $269,000 -- $146 / 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 $4,350 $336,611 $251,206 $85,405
2024 $4,350 $330,012 $246,281 $83,731
2023 $4,276 $323,542 $241,452 $82,090
2022 $4,091 $317,199 $236,718 $80,481
2021 $4,032 $310,980 $232,077 $78,903
2019 $3,918 $301,758 $225,195 $76,563
2018 $3,795 $295,842 $220,780 $75,062
2016 $3,618 $284,356 $212,207 $72,149
2015 $3,568 $280,086 $209,020 $71,066
2014 $3,594 $274,600 $204,926 $69,674
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Elliot Lewis

    Elliot Lewis, Broker

  • Edgar Salazar

    Buyer's Agent in 2012

    Edgar Salazar

    Executive Realty Solutions

    (818) 477-8599

    Edgar Salazar
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P802057

California Regional Multiple Listing Service (CRMLS)

APN: 5020-026-022

California Los Angeles County Los Angeles 90037 Vermont Square

1050 W 42nd Place, Los Angeles, CA

This home is located at 1050 W 42nd Place, Los Angeles, CA 90037 since 04 November 2011 and is currently estimated at $851,762, approximately $462 per square foot. This property was built in 1922. 1050 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.

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.

California Regional Multiple Listing Service (CRMLS) 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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