NOT LISTED FOR SALE

1206 Island Ave Wilmington, CA 90744

Estimated Value: $749,000 - $818,000

0.16 Acre
$4,757,356 Price per Acre
7,100 Sq Ft Lot

Last Sold August 25, 2015

Last sale price $146,000

Est. 431% increase in value since last sale

Current estimated payment $4,623/month

9 Days on Market

About This Lot

As of August 2015

Previous oil well locations which have been remediated per the land owner.

Last Agent to Sell the Property

Thomas Dahlgren

Nationwide Real Estate Execs License #00991686 Listed on: 03/18/2015

Last Buyer's Agent

Constance Swanson

Nationwide Real Estate Execs License #01945608

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,949

Lot Details

  • 7,100 Sq Ft Lot
  • Value in Land
  • Property is zoned R1

Listing and Financial Details

  • Assessor Parcel Number 7420010015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$5,949

Lot Details

0

Listing Details

  • View: No
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 7420010015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 20.56

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: Value In Land
  • Lot Size Sq Ft: 7100.00
  • Price Per Lot Square Foot: 20.56
  • Lot Size Acres: 0.1630

Multi Family

  • Lot Size Area: 7100.0000 Square Feet

Tax Info

  • Tax Rate: 1.25
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Bhb Development Llc
Bought by
Perez Jose-Luis and Arthur-Perez Elizabeth
Current Estimated Value
$775,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,500
Outstanding Balance
$690,539
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$84,910

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

Listed on
Mar 18, 2015
Closed on
Aug 19, 2015
Sold by
Warren Resources Of California Inc
Bought by
Bhb Development Llc
Seller's Agent
Thomas Dahlgren
Nationwide Real Estate Execs
Buyer's Agent
Constance Swanson
Nationwide Real Estate Execs
List Price
$120,000
Sold Price
$146,000
Premium/Discount to List
$26,000
21.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%

Purchase Details

Closed on
Feb 3, 2005
Sold by
So Cal Land Development Llc
Bought by
Magness Petroleum Co

Purchase Details

Closed on
Jan 31, 2005
Sold by
Magness Petroleum Co
Bought by
Warren Resources Of California Inc

Purchase Details

Closed on
Aug 18, 2003
Sold by
Rosen Glenda and Reichel Stanton J
Bought by
So Cal Land Development Llc
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
Perez Jose-Luis $730,000 Wfg Title Insurance
Tegel -- --
Bhb Development Llc $438,000 Priority Title
Magness Petroleum Co -- --
Warren Resources Of California Inc -- --
So Cal Land Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jose-Luis $693,500
Previous Owner Tegel --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2015 08/25/15 Sold $146,000 +21.7% --
03/27/2015 03/27/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $120,000 -- --
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 $5,949 $481,305 $168,568 $312,737
2024 $5,949 $471,868 $165,263 $306,605
2023 $5,836 $462,617 $162,023 $300,594
2022 $5,568 $453,547 $158,847 $294,700
2021 $4,523 $267,882 $155,733 $112,149
2019 $1,871 $151,115 $151,115 $0
2018 $1,859 $148,152 $148,152 $0
2016 $1,781 $142,400 $142,400 $0
2015 $753 $56,247 $56,247 $0
2014 $758 $55,146 $55,146 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15056963

California Regional Multiple Listing Service (CRMLS)

APN: 7420-010-015