NOT LISTED FOR SALE

1240 Lagoon Ave Wilmington, CA 90744

Estimated Value: $606,000 - $730,000

2 Beds
1 Bath
676 Sq Ft
$997/Sq Ft Est. Value

About This Home

This home is located at 1240 Lagoon Ave, Wilmington, CA 90744 and is currently estimated at $673,884, approximately $996 per square foot. 1240 Lagoon Ave is a home located in Los Angeles County with nearby schools including Fries Avenue Elementary School, Wilmington Middle School STEAM Magnet, and Phineas Banning Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Ortiz Job Elju and Contreras Caritina
Bought by
Contreras Ricardo Ortiz
Current Estimated Value
$673,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2023
Sold by
Jimenez Juan and Jimenez Araceli
Bought by
Ortiz Job Eliu and Contreras Caritina

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

Closed on
Oct 6, 2006
Sold by
Jimenez Juan
Bought by
Jimenez Juan and Jimenez Aracely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2004
Sold by
Jimenez Juan
Bought by
Jimenez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2002
Sold by
Letourneau Karen
Bought by
Jimenez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 31, 2000
Sold by
Hud
Bought by
Letourneau Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,043
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,043
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2000
Sold by
Cornejo Vaudelio M
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Oct 6, 1997
Sold by
Cornejo Vaudelio M
Bought by
Ibarra John Manuel and Ibarra Vicky H

Purchase Details

Closed on
Jan 17, 1997
Sold by
Ramirez Vicky
Bought by
Cornejo Vaudelio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,468
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1994
Sold by
Ramirez Freddie
Bought by
Ramirez Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
8.7%
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
Contreras Ricardo Ortiz $570,000 Fidelity National Title
Ortiz Job Eliu -- None Listed On Document
Tegel -- --
Jimenez Juan -- Alliance Title Company
Jimenez Juan -- First American Title Company
Jimenez Juan $150,000 American Title
Letourneau Karen $117,000 United Title Company
Hud $127,675 --
Homeside Lending Inc $127,675 Fidelity National Title Ins
Ibarra John Manuel -- --
Cornejo Vaudelio M $115,000 United Title
Ramirez Vicky -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Ricardo Ortiz $427,500
Previous Owner Tegel --
Previous Owner Jimenez Juan $401,250
Previous Owner Jimenez Juan $288,000
Previous Owner Jimenez Juan $142,500
Previous Owner Letourneau Karen $116,043
Previous Owner Cornejo Vaudelio M $114,468
Previous Owner Ramirez Vicky $79,000
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 $8,305 $570,000 $463,300 $106,700
2024 $8,305 $670,000 $500,000 $170,000
2023 $3,510 $270,359 $165,269 $105,090
2022 $3,351 $265,059 $162,029 $103,030
2021 $3,307 $259,862 $158,852 $101,010
2019 $3,211 $252,157 $154,142 $98,015
2018 $3,153 $247,214 $151,120 $96,094
2016 $3,007 $237,615 $145,252 $92,363
2015 $2,965 $234,047 $143,071 $90,976
2014 $2,982 $229,463 $140,269 $89,194
Source: Public Records

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