NOT LISTED FOR SALE

Estimated Value: $552,000 - $635,406

2 Beds
1 Bath
655 Sq Ft
$897/Sq Ft Est. Value

Last Sold December 24, 2014

Last sale price $160,000 $244 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $3,620/month

61 Days on Market

Highlights

  • Bungalow
  • Carpet
  • 1-Story Property

About This Home

As of December 2014

Investors welcome!! New to the market is a 2 bedroom, 1 bathroom home in the heart of Los Angeles. Property is a complete fixer and will require cash offers. Deep lot with plenty of yard space makes this property a great condo/townhouse alternative. ***DISCLAIMER: Bank of America, N.A. employees and employees' household members and HTS business partners of the Bank, are prohibited from purchasing this property, whether directly or indirectly.***

Last Agent to Sell the Property

Mathew Matti

Re/Max Tri-City License #00978753 Listed on: 09/24/2014

Re/Max Tri-City

Last Buyer's Agent

Mathew Matti

Re/Max Tri-City License #00978753 Listed on: 09/24/2014

Re/Max Tri-City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,084

Year Built

  • Built in 1923

Lot Details

  • 3,848 Sq Ft Lot
  • Lot Dimensions are 30x128
  • Chain Link Fence
  • Tear Down
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Bungalow
  • Major Repairs Completed
  • Fixer Upper
  • Stucco

Interior Spaces

  • 655 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 6022-003-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,084

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 655
  • Lot Dimensions: 30x128
  • Property Condition: Fixer, Repairs Major, Tear Down
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Carpet
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Fireplace: No
  • Price Per S Q F T: 254.50

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Fence: Chain Link
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Sewer: Unknown
  • Water: In Street

Schools

  • School District: Los Angeles Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 6022-003-028
  • Geocode Override: No
  • Lot Size Area: 3848

Rental Info

  • Land Lease Type: Fee

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2017
Sold by
La Guardia Investments Inc
Bought by
Newshire Investments Inc
Current Estimated Value
$587,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.17%
Mortgage Type
Balloon

Purchase Details

Listed on
Sep 24, 2014
Closed on
Dec 22, 2014
Sold by
Bank Of America National Association
Bought by
Ortiz Evaristo
Seller's Agent
Mathew Matti
Re/Max Tri-City
Buyer's Agent
Mathew Matti
Re/Max Tri-City
List Price
$166,700
Sold Price
$160,000
Premium/Discount to List
-$6,700
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%

Purchase Details

Listed on
Sep 24, 2014
Closed on
Dec 19, 2014
Sold by
Ortiz Evaristo
Bought by
La Guardia Investments Inc
Seller's Agent
Mathew Matti
Re/Max Tri-City
Buyer's Agent
Mathew Matti
Re/Max Tri-City
List Price
$166,700
Sold Price
$160,000
Premium/Discount to List
-$6,700
-4.02%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Joyce Dessie Lee
Bought by
Bank Of America National Association
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
Newshire Investments Inc -- None Available
Ortiz Evaristo $160,000 Stewart Title Of Ca Inc
La Guardia Investments Inc -- None Available
Bank Of America National Association $140,000 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newshire Investments Inc $560,000
Closed Newshire Investments Inc $283,874
Closed Newshire Investments Inc $264,000
Closed Newshire Investments Inc $220,000
Previous Owner Joyce Dessie Lee $544,185
Previous Owner Joyce Sylvester $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2014 12/24/14 Sold $160,000 -4.0% $244 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/24/2014 11/24/14 For Sale $166,700 +4.2% $255 / Sq Ft
11/14/2014 11/14/14 Off Market $160,000 -- --
11/14/2014 11/14/14 For Sale $166,700 +4.2% $255 / Sq Ft
11/04/2014 11/04/14 Off Market $160,000 -- --
11/03/2014 11/03/14 For Sale $166,700 +4.2% $255 / Sq Ft
10/24/2014 10/24/14 Off Market $160,000 -- --
09/24/2014 09/24/14 For Sale $166,700 -- $255 / Sq Ft
Source: The MLS

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 $5,084 $410,841 $313,355 $97,486
2024 $5,084 $402,786 $307,211 $95,575
2023 $4,988 $394,889 $301,188 $93,701
2022 $4,758 $387,147 $295,283 $91,864
2021 $4,698 $379,557 $289,494 $90,063
2019 $4,560 $368,301 $280,908 $87,393
2018 $4,453 $361,080 $275,400 $85,680
2016 $2,830 $227,313 $180,714 $46,599
2015 $2,028 $160,000 $128,000 $32,000
2014 -- $150,000 $104,100 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-798241

The MLS

APN: 6022-003-028