NOT LISTED FOR SALE

1116 Mcfarland Ave Wilmington, CA 90744

Estimated Value: $532,000 - $611,909

2 Beds
1 Bath
852 Sq Ft
$656/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $499,000 $586 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,461/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Park
  • Rectangular Lot

About This Home

As of August 2022

Fixer.

Last Agent to Sell the Property

Leland Wilson

Horizons Realty Group License #01006544 Listed on: 08/17/2022

Last Buyer's Agent

Gabriel Gonzales

Keller Williams Pacific Estates License #02059601

Keller Williams Pacific Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,364

Year Built

  • Built in 1921

Lot Details

  • 6,787 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned LAR1

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 773
  • Assessor Parcel Number 7425006035

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,364

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7425006035
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 852.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 585.68
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Storm Drains, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 6787.00
  • Lot Size Acres: 0.1558

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6787.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2946.20
  • Tax Lot: 4
  • Tax Tract Number: 773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Aug 10, 2022
Sold by
Venegas Joe Gutierrez and Venegas Anita
Bought by
Megallon Tommy
Seller's Agent
Leland Wilson
Horizons Realty Group
Buyer's Agent
Gabriel Gonzales
Keller Williams Pacific Estates
List Price
$460,000
Sold Price
$499,000
Premium/Discount to List
$39,000
8.48%
Current Estimated Value
$558,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,727
Avg. Annual Appreciation
3.60%
Original Mortgage
$489,961
Outstanding Balance
$467,635
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$91,092

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Closed on
Sep 3, 2010
Sold by
Venegas Joe G and Venegas Anita
Bought by
Venegas Joe Gutierrez and Venegas Anita
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
Megallon Tommy $499,000 Chicago Title
Tegel -- --
Venegas Joe Gutierrez -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megallon Tommy $489,961
Previous Owner Tegel --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $499,000 +8.5% $586 / Sq Ft
08/17/2022 08/17/22 For Sale $460,000 -- $540 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
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 $6,364 $519,158 $415,327 $103,831
2024 $6,364 $508,980 $407,184 $101,796
2023 $6,243 $499,000 $399,200 $99,800
2022 $612 $30,893 $19,839 $11,054
2021 $602 $30,288 $19,450 $10,838
2019 $589 $29,391 $18,874 $10,517
2018 $547 $28,815 $18,504 $10,311
2016 $516 $27,698 $17,787 $9,911
2015 $511 $27,283 $17,520 $9,763
2014 $524 $26,749 $17,177 $9,572
Source: Public Records

Agents Affiliated with this Home

  • Leland Wilson

    Seller's Agent in 2022

    Leland Wilson

    Horizons Realty Group

    (714) 504-3862

    3 in this area

    31 Total Sales

    Leland Wilson
    Section Image

  • G

    Buyer's Agent in 2022

    Gabriel Gonzales

    Keller Williams Pacific Estates

    (562) 537-8168

    2 in this area

    3 Total Sales

    Gabriel Gonzales
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22182179

California Regional Multiple Listing Service (CRMLS)

APN: 7425-006-035

California Los Angeles County Wilmington 90744

1116 Mcfarland Ave, Wilmington, CA

This home is located at 1116 Mcfarland Ave, Wilmington, CA 90744 since 17 August 2022 and is currently estimated at $558,727, approximately $655 per square foot. This property was built in 1921. 1116 Mcfarland Ave is a home located in Los Angeles County with nearby schools including Wilmington Park Elementary, Wilmington Middle School STEAM Magnet, and Phineas Banning 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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