NOT LISTED FOR SALE

1240 W 40th Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $724,000 - $772,000

3 Beds
1 Bath
1,420 Sq Ft
$528/Sq Ft Est. Value

About This Home

This home is located at 1240 W 40th Place, Los Angeles, CA 90037 and is currently estimated at $749,715, approximately $527 per square foot. 1240 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
Feb 25, 2023
Sold by
Cervantes Maria C
Bought by
Maria C Cervantes 2023 Trust
Current Estimated Value
$754,749

Purchase Details

Closed on
Apr 29, 1997
Sold by
Lee Marla D
Bought by
Cervantes Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
8.15%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Maria C Cervantes 2023 Trust -- --
Cervantes Maria C $114,090 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cervantes Maria C $109,250
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 $2,538 $187,269 $149,824 $37,445
2024 $2,538 $183,598 $146,887 $36,711
2023 $2,498 $179,999 $144,007 $35,992
2022 $2,395 $176,471 $141,184 $35,287
2021 $2,358 $173,012 $138,416 $34,596
2019 $2,294 $167,882 $134,311 $33,571
2018 $2,189 $164,591 $131,678 $32,913
2016 $2,084 $158,202 $126,566 $31,636
2015 $2,056 $155,826 $124,665 $31,161
2014 $2,074 $152,774 $122,223 $30,551
Source: Public Records

Map

California Los Angeles County Los Angeles 90037 Vermont Square

1240 W 40th Place, Los Angeles, CA

This home is located at 1240 W 40th Place, Los Angeles, CA 90037 and is currently estimated at $749,715, approximately $527 per square foot. 1240 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.

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