1220 W 40th Place Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $677,000 - $1,003,000
2
Beds
2
Baths
1,498
Sq Ft
$568/Sq Ft
Est. Value
About This Home
This home is located at 1220 W 40th Place, Los Angeles, CA 90037 and is currently estimated at $851,219, approximately $568 per square foot. 1220 W 40th Place is a home located in Los Angeles County with nearby schools including Normandie Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 28, 2005
Sold by
Melchor Evidalia
Bought by
Melchor Marcos E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 21, 2005
Sold by
Koresh Ilana
Bought by
Barak Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 17, 2005
Sold by
Barak Enterprises Inc
Bought by
Melchor Marcos E and Melchor Josue O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 17, 2004
Sold by
Ali Azizah M
Bought by
Koresh Ilana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,900
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 14, 2001
Sold by
Hud
Bought by
Ali Azizah M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,768
Interest Rate
7.21%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 3, 2001
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud
Purchase Details
Closed on
Nov 17, 2000
Sold by
Henry Honour B
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Melchor Marcos E | -- | Southland Title Corporation | |
Barak Enterprises Inc | -- | Southland Title Corporation | |
Melchor Marcos E | $395,000 | Southland Title Company | |
Koresh Ilana | $291,000 | Lawyers Title | |
Ali Azizah M | $140,000 | Commonwealth Title | |
Hud | -- | First American Title Ins Co | |
Wells Fargo Home Mtg Inc | $109,884 | First American Title Ins Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Melchor Marcos E | $412,500 | |
Closed | Melchor Marcos E | $316,000 | |
Previous Owner | Koresh Ilana | $261,900 | |
Previous Owner | Ali Azizah M | $150,000 | |
Previous Owner | Ali Azizah M | $81,768 | |
Closed | Ali Azizah M | $70,000 | |
Closed | Melchor Marcos E | $79,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,797 | $550,574 | $390,286 | $160,288 |
2024 | $6,797 | $539,780 | $382,634 | $157,146 |
2023 | $6,672 | $529,197 | $375,132 | $154,065 |
2022 | $6,371 | $518,822 | $367,777 | $151,045 |
2021 | $6,287 | $508,650 | $360,566 | $148,084 |
2019 | $6,103 | $493,565 | $349,872 | $143,693 |
2018 | $6,012 | $483,888 | $343,012 | $140,876 |
2016 | $5,745 | $465,100 | $329,694 | $135,406 |
2015 | $5,663 | $458,115 | $324,742 | $133,373 |
2014 | $4,353 | $339,500 | $271,600 | $67,900 |
Source: Public Records
Map
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