NOT LISTED FOR SALE

1225 1/2 S Herbert Ave Unit A Los Angeles, CA 90023

Estimated Value: $962,000 - $1,015,000

6 Beds
5 Baths
2,880 Sq Ft
$346/Sq Ft Est. Value

About This Home

This home is located at 1225 1/2 S Herbert Ave Unit A, Los Angeles, CA 90023 and is currently estimated at $995,667, approximately $345 per square foot. 1225 1/2 S Herbert Ave Unit A is a home located in Los Angeles County with nearby schools including Eastman Avenue Elementary School, Robert Louis Stevenson Middle School, and James A. Garfield Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2022
Sold by
Lori Anami
Bought by
Lam Brian Ming
Current Estimated Value
$1,026,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$559,262
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$436,405

Purchase Details

Closed on
Apr 12, 2011
Sold by
Federal National Mortgage Association
Bought by
Lam Brian Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2010
Sold by
Marquez Romelia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 26, 2007
Sold by
Marquez Javier
Bought by
Marquez Romelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 2007
Sold by
Welsh Charles S
Bought by
Marquez Romelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 27, 2005
Sold by
Welsh Charles S
Bought by
Welsh Charles S and Welsh Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2003
Sold by
Welsh Charles S
Bought by
Welsh Charles S and Welsh Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.97%

Purchase Details

Closed on
Dec 22, 2000
Sold by
Welsh Charles S
Bought by
Welsh Charles S and Welsh Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.71%

Purchase Details

Closed on
Dec 13, 2000
Sold by
Welsh Charles S
Bought by
Welsh Charles S and Welsh Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lam Brian Ming -- Pacific Coast Title
Lam Brian Ming $360,000 First American Title Ins Co
Federal National Mortgage Association $625,197 Landsafe
Marquez Romelia -- Landsafe Title
Marquez Romelia $695,000 Landsafe Title
Welsh Charles S -- --
Welsh Charles S -- Landsafe Title
Welsh Charles S -- Landsafe Title
Welsh Charles S -- Landsafe Title
Welsh Charles S -- Lawyers Title Company
Welsh Charles S -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Brian Ming $600,000
Previous Owner Lam Brian M $400,000
Previous Owner Lam Brian Ming $270,000
Previous Owner Lam Brian Ming $270,000
Previous Owner Marquez Romelia $104,250
Previous Owner Marquez Romelia $556,000
Previous Owner Welsh Charles S $350,000
Previous Owner Welsh Charles S $236,000
Previous Owner Welsh Charles S $175,000
Source: Public Records

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 $7,071 $461,212 $275,447 $185,765
2024 $7,071 $452,170 $270,047 $182,123
2023 $6,708 $443,304 $264,752 $178,552
2022 $6,426 $434,612 $259,561 $175,051
2021 $6,346 $426,091 $254,472 $171,619
2020 $6,385 $421,723 $251,863 $169,860
2019 $6,169 $413,455 $246,925 $166,530
2018 $5,983 $405,349 $242,084 $163,265
2016 $5,727 $389,611 $232,685 $156,926
2015 $5,647 $383,759 $229,190 $154,569
2014 $5,656 $376,243 $224,701 $151,542
Source: Public Records

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