NOT LISTED FOR SALE

121 S Avenue 56 Los Angeles, CA 90042

Estimated Value: $1,508,000 - $1,737,801

6 Beds
2 Baths
2,852 Sq Ft
$557/Sq Ft Est. Value

Last Sold November 10, 2015

Last sale price $775,000 $272 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $9,735/month

77 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Highland Park Station
  • Neighborhood Views
  • Attic
  • No HOA
  • 4-minute walk to Tierra de la Culebra Park

About This Home

As of November 2015

Location, location, location! Waiting for a bargain? Then head straight for this classical craftsman. This property is in need of some TLC, but for anyone who can see the value in getting a little dirty, this home is for you. Residence features 5 bedrooms, and 1 full bath, and two 3/4 baths. This property was build with the quality of red wood studs, making this a good old American Classic. Additional features include, a detached laundry room, spacious attic, spacious basement, gas and wood burning fireplace, Mulberry Tree, 3 Cacti trees that are over 100 years old and much much more. This home is freeway friendly, and is in walking distance from the Gold line station, restaurants, coffee house, shops, and more.

Last Agent to Sell the Property

Julio Midolo

ReMax Sky License #01470385 Listed on: 07/17/2015

ReMax Sky

Last Buyer's Agent

Jennifer Gainey

Compass License #01361195

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,036

Year Built

  • Built in 1906

Lot Details

  • 9,000 Sq Ft Lot
  • Front Yard Sprinklers
  • Back and Front Yard

Interior Spaces

  • 2,852 Sq Ft Home
  • Entrance Foyer
  • Family Room with Fireplace
  • Den with Fireplace
  • Neighborhood Views
  • Eat-In Kitchen
  • Attic
  • Basement

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 5468032003

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,036

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Number: 818-974-1797
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5468032003
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2852.00
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Eating Area: Area
  • Fireplace Features: Den, Family Room
  • Levels: Two
  • Price Per Square Foot: 271.74
  • Room Type: Attic, Basement, Entry, Family Room, Foyer

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Sprinklers In Front, Sprinkler System
  • Lot Size Sq Ft: 9000.00
  • Price Per Lot Square Foot: 86.11
  • Lot Size Acres: 0.2070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9000.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: Packar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Oct 7, 2015
Sold by
Mihm Matt and Mihm Matthew
Bought by
Hayes John and Hayes Erinn
Seller's Agent
Julio Midolo
ReMax Sky
Buyer's Agent
Jennifer Gainey
Compass
List Price
$875,000
Sold Price
$775,000
Premium/Discount to List
-$100,000
-11.43%
Current Estimated Value
$1,587,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$812,200
Avg. Annual Appreciation
7.90%
Original Mortgage
$617,600
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2004
Sold by
Mihm Matt and Chipps Nathan
Bought by
Mihm Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2001
Sold by
Olascooga Catalina
Bought by
Garcia Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2001
Sold by
Garcia Armando
Bought by
Mihm Matt and Chipps Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2001
Sold by
Diaz Oscar J and Diaz Maria L
Bought by
Garcia Armando

Purchase Details

Closed on
Nov 18, 1997
Sold by
World S & L Assn
Bought by
Diaz Oscar J and Diaz Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 23, 1996
Sold by
Kimery Hughdeen and World S & L Assn Fsla
Bought by
World S & L Assn Fsla

Purchase Details

Closed on
Nov 15, 1995
Sold by
Kimery Hugh Deen
Bought by
Gill Brian
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
Hayes John $775,000 First American Title Company
Mihm Matt -- Financial Title Company
Garcia Armando -- Commonwealth Land Title Co
Mihm Matt $185,000 Commonwealth Land Title Co
Garcia Armando -- Commonwealth Land Title Co
Diaz Oscar J $105,000 --
World S & L Assn Fsla $160,802 Stewart Title
Gill Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes John $790,000
Closed Hayes John $617,600
Previous Owner Mihm Matt $80,277
Previous Owner Mihm Matt $440,000
Previous Owner Mihm Matt $285,000
Previous Owner Mihm Matt $247,500
Previous Owner Mihm Matt $182,889
Previous Owner Mihm Matt $182,141
Previous Owner Diaz Oscar J $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2015 11/10/15 Sold $775,000 -11.4% $272 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $875,000 -- $307 / 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 $13,036 $1,072,832 $666,238 $406,594
2024 $13,036 $1,051,797 $653,175 $398,622
2023 $12,786 $1,031,174 $640,368 $390,806
2022 $12,194 $1,010,956 $627,812 $383,144
2021 $12,038 $991,134 $615,502 $375,632
2019 $800 $894,839 $597,247 $297,592
2018 $10,089 $820,583 $585,537 $235,046
2016 $9,465 $775,000 $562,800 $212,200
2015 $4,826 $385,779 $238,904 $146,875
2014 $4,850 $378,223 $234,225 $143,998
Source: Public Records

Agents Affiliated with this Home

  • Julio Midolo

    Seller's Agent in 2015

    Julio Midolo

    RE/MAX

    (818) 974-1797

    1 in this area

    87 Total Sales

    Julio Midolo
    Section Image
  • Jennifer Gainey

    Buyer's Agent in 2015

    Jennifer Gainey

    Compass

    (323) 559-6742

    2 in this area

    74 Total Sales

    Jennifer Gainey
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15156800

California Regional Multiple Listing Service (CRMLS)

APN: 5468-032-003

California Los Angeles County Los Angeles 90042

121 S Avenue 56, Los Angeles, CA

This home is located at 121 S Avenue 56, Los Angeles, CA 90042 since 17 July 2015 and is currently estimated at $1,587,200, approximately $556 per square foot. This property was built in 1906. 121 S Avenue 56 is a home located in Los Angeles County with nearby schools including Richard Riordan Primary Center, Monte Vista Street Elementary School, and Benjamin Franklin 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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