NOT LISTED FOR SALE

1245 Lagoon Ave Wilmington, CA 90744

Estimated Value: $800,000 - $906,355

3 Beds
2 Baths
2,198 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2023

Last sale price $800,000 $364 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,275 / mo

134 Days on Market

Highlights

  • View of Trees or Woods
  • Main Floor Primary Bedroom
  • Bonus Room
  • Wood Flooring
  • Spanish Architecture
  • No HOA

About This Home

As of September 2023

Beautiful one-of-a-kind two-story Spanish style home in a highly desirable area of Wilmington. Offering an expansive 3 bedroom, 2 baths, detached bonus room, balcony, arched ceilings, beautiful living room with a cozy fireplace, formal dining room that leads to the front porch, kitchen offers custom cabinetry with granite countertops, charming bay widow in the kitchen, family room built-in wood work, grand custom wood staircase, flooring combination of solid hardwood, carpet and tile, paved expansive driveway, detached two-car garage, large entry doors, custom windows, cozy front enclosed porch-with a swing, protected with block and wrought iron gates, immaculate front/backyard, backyard with fruit trees, relaxing pond and plenty of gardening space and perfect for entertaining guests.

Last Agent to Sell the Property

Christina Moya

West Shores Realty, Inc. License #02157058 Listed on: 04/05/2023

West Shores Realty, Inc.

Last Buyer's Agent

Moises Martinez

REALTY MASTERS & ASSOCIATES, INC. License #00837282

REALTY MASTERS & ASSOCIATES, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 6,399 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway

Property Views

  • Pond
  • Woods
  • Rock

Home Design

  • Spanish Architecture
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,198 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Awning
  • Plantation Shutters
  • Bay Window
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Den
  • Bonus Room
  • Home Gym

Kitchen

  • Six Burner Stove
  • Built-In Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Los Angeles Unified Elementary School
  • Wilmington Middle School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 1873
  • Assessor Parcel Number 7420012014
  • $362 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

6,399 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7420012014
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2198.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 363.97
  • Room Type: Bonus Room, Den, Entry, Exercise Room, Formal Entry, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Bay Window(s), Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Separate Tub And Shower

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Lighting
  • View: Pond, Rocks, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Covered, Tile
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • Elementary School: Los Angeles Unified
  • Middle Or Junior School: Wilmington
  • Elementary School #2: LOANUN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6399.00
  • Lot Size Acres: 0.1469

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6399.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2945.20
  • Tax Lot: 22
  • Tax Tract Number: 1873
  • TaxOtherAnnualAssessmentAmount: 362.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Sep 14, 2023
Sold by
Ferguson Remedios
Bought by
Magallanes Jaime and Magallanes Araceli
Seller's Agent
Christina Moya
West Shores Realty, Inc.
Buyer's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
561
Current Estimated Value
$838,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,339
Avg. Annual Appreciation
1.85%
Original Mortgage
$760,000
Outstanding Balance
$743,881
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$94,458

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
Aug 26, 2010
Sold by
Ferguson George William
Bought by
Ferguson George and Ferguson Remedios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1996
Sold by
Ferguson Nestor W
Bought by
Ferguson George William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
7.53%

Purchase Details

Closed on
Apr 22, 1994
Sold by
Ferguson Leilani
Bought by
Ferguson Nestor W

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
5.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Magallanes Jaime $800,000 California Best Title
Tegel -- --
Ferguson George -- Ticor Title Tustin Orange Co
Ferguson George William -- Gateway Title Co
Ferguson Nestor W -- Fidelity National Title
Ferguson George William -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magallanes Jaime $760,000
Previous Owner Tegel --
Previous Owner Ferguson George $297,000
Previous Owner Ferguson George William $174,250
Previous Owner Ferguson George William $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $800,000 -3.0% $364 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $825,000 0.0% $375 / Sq Ft
08/08/2023 08/08/23 For Sale $825,000 +3.1% $375 / Sq Ft
08/06/2023 08/06/23 Off Market $800,000 -- --
08/06/2023 08/06/23 For Sale $840,000 +5.0% $382 / Sq Ft
08/05/2023 08/05/23 Off Market $800,000 -- --
07/17/2023 07/17/23 Price Changed $840,000 -1.2% $382 / Sq Ft
05/18/2023 05/18/23 Price Changed $850,000 -2.9% $387 / Sq Ft
05/18/2023 05/18/23 For Sale $875,000 +9.4% $398 / Sq Ft
05/18/2023 05/18/23 Off Market $800,000 -- --
04/05/2023 04/05/23 For Sale $875,000 -- $398 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,967 $816,000 $547,944 $268,056
2024 $9,967 $800,000 $537,200 $262,800
2023 $1,756 $122,663 $24,653 $98,010
2022 $1,682 $120,259 $24,170 $96,089
2021 $1,649 $117,902 $23,697 $94,205
2019 $1,603 $114,408 $22,996 $91,412
2018 $1,531 $112,166 $22,546 $89,620
2016 $1,438 $107,812 $21,671 $86,141
2015 $1,419 $106,194 $21,346 $84,848
2014 $1,432 $104,114 $20,928 $83,186
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23055582

California Regional Multiple Listing Service (CRMLS)

APN: 7420-012-014

Your Personal Tour Guide

Ask me questions while you tour the home.