NOT LISTED FOR SALE

1073 De Garmo Dr Los Angeles, CA 90063

Estimated Value: $814,000 - $1,115,000

3 Beds
2 Baths
1,645 Sq Ft
$573/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $425,000 $258 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,999/month

8 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • James A. Garfield Senior High School Rated A
  • Balcony
  • Living Room

About This Home

As of September 2017

Reduced for a quick sale!! Property in need of restoration, it features 5 bedrooms and 4 bathrooms with a large balcony as well as being in a private neighborhood. Property is gated with plenty of room to make additions as the seller had begun to add more to the home but did not finish. There may be unpermitted alterations to home and garage, making it the perfect home for someone looking to put some effort into their new home and reap the rewards when finished. Buyer to verify all information and condition, property sold in its present condition. Seller will not do any repairs. PLEASE DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Silvio Pacheco

eXp Realty of California Inc License #01828649 Listed on: 05/10/2017

eXp Realty of California Inc

Last Buyer's Agent

Marina Clark

No Firm Affiliation License #01511295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,787

Year Built

  • Built in 1965

Lot Details

  • 6,135 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned LCR2*

Parking

  • 2 Car Garage
  • 1 Carport Space

Property Views

  • Panoramic
  • City Lights

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,645 Sq Ft Home
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Converted Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 5750
  • Assessor Parcel Number 5231001017

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,787

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5231001017
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1645.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 258.36
  • Room Type: Basement, Converted Bedroom, Living Room

Exterior Features

  • Foundation: Pillar/Post/Pier
  • View: City Lights, Panoramic
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Carport
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 6135.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5308.01
  • Tax Lot: 23
  • Tax Tract Number: 5750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
Parkway Investment Group Inc
Bought by
Gustafsen Ebbe Bjorn and Gustafsen April R
Current Estimated Value
$943,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2017
Closed on
Aug 21, 2017
Sold by
Martinez Magdalena
Bought by
Parkway Investment Group Inc
Seller's Agent
Silvio Pacheco
eXp Realty of California Inc
Buyer's Agent
Marina Clark
No Firm Affiliation
List Price
$465,000
Sold Price
$425,000
Premium/Discount to List
-$40,000
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$297,500
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2015
Sold by
Martinez Magdalena R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 8, 2015
Sold by
Martinez Magdalena
Bought by
Martinez Magdalena

Purchase Details

Closed on
Jun 17, 2015
Sold by
Martinez Magdalena R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 2012
Sold by
Terrenal Ofelia
Bought by
Martinez Magdalena R

Purchase Details

Closed on
Aug 6, 2012
Sold by
Martinez Magdalena R
Bought by
Solano Celina

Purchase Details

Closed on
Apr 16, 2012
Sold by
Martinez Magdalena R
Bought by
Terrenal Ofelia and Espino Jose

Purchase Details

Closed on
Oct 12, 2005
Sold by
Martinez Cristobal
Bought by
Martinez Magdalena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 8, 2005
Sold by
Gonzalez Esperanza Deniz
Bought by
Martinez Magdalena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 29, 2004
Sold by
Gonzalez Esperanza Deniz
Bought by
Gonzalez Esperanza Deniz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Sold by
Gonzales Hugo J
Bought by
Gonzales Esperanza Deniz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.84%

Purchase Details

Closed on
Oct 24, 2000
Sold by
Deniz Esperanza
Bought by
Gonzales Hugo J and Deniz Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
9.75%
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
Gustafsen Ebbe Bjorn $775,000 Stewart Title
Parkway Investment Group Inc $424,500 Stewart Title
Federal National Mortgage Association -- Stewart Title
Martinez Magdalena -- None Available
Federal National Mortgage Association $360,000 Stewart Title
Martinez Magdalena R -- None Available
Solano Celina -- None Available
Terrenal Ofelia -- None Available
Martinez Magdalena R -- Investors Title Company
Martinez Magdalena R $450,000 --
Gonzalez Esperanza Deniz -- Old Republic Title Co
Gonzales Esperanza Deniz -- Diversified Title & Escrow S
Gonzales Hugo J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafsen Ebbe Bjom $617,500
Closed Gustafsen Ebbe Bjorn $619,000
Closed Gustafsen Ebbe Bjorn $620,000
Previous Owner Parkway Investment Group Inc $120,000
Previous Owner Parkway Investment Group Inc $297,500
Previous Owner Martinez Magdalena R $412,000
Previous Owner Martinez Magdalena R $396,000
Previous Owner Gonzalez Esperanza Deniz $240,000
Previous Owner Gonzales Esperanza Deniz $191,250
Previous Owner Gonzales Hugo J $156,750
Closed Gonzalez Esperanza Deniz $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $425,000 +7.6% $258 / Sq Ft
06/11/2017 06/11/17 Price Changed $395,000 -15.1% $240 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $465,000 -- $283 / 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 $10,787 $864,522 $501,981 $362,541
2024 $10,787 $847,572 $492,139 $355,433
2023 $10,597 $830,954 $482,490 $348,464
2022 $10,080 $814,662 $473,030 $341,632
2021 $9,957 $798,689 $463,755 $334,934
2020 $10,121 $522,905 $322,524 $200,381
2019 $6,360 $484,432 $286,824 $197,608
2018 $5,341 $396,834 $281,200 $115,634
2016 $5,018 $373,612 $247,721 $125,891
2015 $4,941 $368,000 $244,000 $124,000
2014 $4,836 $352,000 $233,500 $118,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17102910

California Regional Multiple Listing Service (CRMLS)

APN: 5231-001-017