NOT LISTED FOR SALE

118 E 81st St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $1,097,036 - $1,285,000

2 Beds
1 Bath
808 Sq Ft
$1,494/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $315,000 $390 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $7,279/month

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Laundry Room
  • Back and Front Yard

About This Home

As of August 2017

This home is located at 118 E 81st St, Los Angeles, CA 90003 since 31 July 2017 and is currently estimated at $1,207,009, approximately $1,493 per square foot. This property was built in 1920. 118 E 81st St is a home located in Los Angeles County with nearby schools including South Park Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Last Agent to Sell the Property

Willie Washington

TRINITY CAPITAL REALTY INC License #01707345 Listed on: 07/31/2017

Last Buyer's Agent

Willie Washington

TRINITY CAPITAL REALTY INC License #01707345 Listed on: 07/31/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 5,066 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR2

Parking

  • 1 Car Garage

Interior Spaces

  • 808 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1702
  • Assessor Parcel Number 6030005008

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6030005008
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 808.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 389.85
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5066.00

Multi Family

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

Tax Info

  • Tax Census Tract: 2397.01
  • Tax Lot: 8
  • Tax Tract Number: 1702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2018
Sold by
Kim Jung Hoon
Bought by
Kang Hyun Seon
Current Estimated Value
$1,207,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Outstanding Balance
$442,347
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$764,662

Purchase Details

Closed on
Jul 11, 2018
Sold by
The Mcgrew Group Llc
Bought by
Kang Hyun Seon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Outstanding Balance
$442,347
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$764,662

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 2, 2017
Sold by
Dillard Lorraine
Bought by
The Mcgrew Group Llc
Seller's Agent
Willie Washington
TRINITY CAPITAL REALTY INC
Buyer's Agent
Willie Washington
TRINITY CAPITAL REALTY INC
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%
Original Mortgage
$220,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2005
Sold by
Dillard Jack and Dillard Lorraine
Bought by
Dillard Lorraine

Purchase Details

Closed on
Nov 3, 1995
Sold by
Dillard Lorraine
Bought by
Dillard Jack and Dillard Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,750
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kang Hyun Seon -- Western Resources Title Comp
Kang Hyun Seon $855,000 Western Resources Title
The Mcgrew Group Llc $315,000 Western Resources Title
Dillard Lorraine -- --
Dillard Jack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Hyun Seon $598,500
Previous Owner The Mcgrew Group Llc $220,000
Previous Owner Dillard Jack $74,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $315,000 -3.1% $390 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $325,000 -- $402 / 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 $11,611 $953,764 $535,447 $418,317
2024 $11,611 $935,064 $524,949 $410,115
2023 $11,388 $916,730 $514,656 $402,074
2022 $10,860 $898,756 $504,565 $394,191
2021 $10,715 $881,134 $494,672 $386,462
2019 $10,395 $855,000 $480,000 $375,000
2018 $3,932 $315,000 $252,000 $63,000
2016 $1,804 $138,913 $99,627 $39,286
2015 $1,780 $136,827 $98,131 $38,696
2014 $1,794 $134,147 $96,209 $37,938
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Willie Washington

    TRINITY CAPITAL REALTY INC

    (909) 581-0446

    1 Total Sale

    Willie Washington
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17175351

California Regional Multiple Listing Service (CRMLS)

APN: 6030-005-008

California Los Angeles County Los Angeles 90003 Florence

118 E 81st St, Los Angeles, CA

Not Listed for Sale

Detached

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