$550,000
SOLD MAR 11, 2025

1262 Lagoon Ave Wilmington, CA 90744

3 Beds
2 Baths
1,340 Sq Ft
4,758 Sq Ft Lot

Recently Sold

$410 Per Sq Ft

8% Below List Price

2 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Private Yard
  • Main Floor Bedroom
  • L-Shaped Dining Room
  • No HOA

About This Home

As of March 2025

Bring your Paint, Hammer, and remodeling ideas to this Classic Spanish Charmer. Offering 3 Bedrooms, 2 baths, 1340 Sq. foot home.
A Contractors Dream Home Project.....

Last Agent to Sell the Property

Ida Mavar

Estate Properties Brokerage Email: ida.mavar1@gmail.com License #00716275 Listed on: 02/01/2025

Estate Properties

Last Buyer's Agent

Ida Mavar

Estate Properties Brokerage Email: ida.mavar1@gmail.com License #00716275 Listed on: 02/01/2025

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1932

Lot Details

  • 4,758 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Needs Fence Repair
  • No Landscaping
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Workshop in Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Interior Block Wall
  • Spanish Tile Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Entryway
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Workshop

Kitchen

  • Galley Kitchen
  • Tile Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Enclosed Glass Porch

Schools

  • Banning High School

Utilities

  • Cooling System Powered By Gas
  • Floor Furnace
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 1873
  • Assessor Parcel Number 7420011003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,520

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7420011003
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1340.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Unfurnished
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 410.45
  • Room Type: All Bedrooms Down, Entry, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Workshop
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Needs Repair
  • Patio And Porch Features: Enclosed Glass Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: 220 Volts in Kitchen
  • Heating Type: Floor Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified
  • High School: Banning
  • High School: Banning
  • High School2: BANNIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, No Landscaping, Yard
  • Lot Size Sq Ft: 4758.00
  • Lot Size Acres: 0.1092
  • Latitude Manual: 33.78789300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4758.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2945.20
  • Tax Lot: 26
  • Tax Tract Number: 1873

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Mar 11, 2025
Sold by
Journey Investments Inc
Bought by
Floxy Fortunes Enterprise Llc
Seller's Agent
Ida Mavar
Estate Properties
Buyer's Agent
Ida Mavar
Estate Properties
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
23
Current Estimated Value
$583,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,741
Avg. Annual Appreciation
10.30%
Original Mortgage
$548,000
Outstanding Balance
$307,957
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$267,977

Purchase Details

Listed on
Feb 1, 2025
Closed on
Feb 7, 2025
Sold by
Merida Enrique
Bought by
Journey Investments Inc
Seller's Agent
Ida Mavar
Estate Properties
Buyer's Agent
Ida Mavar
Estate Properties
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$307,957
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$267,977

Purchase Details

Closed on
Nov 28, 2023
Sold by
Merida Enrique
Bought by
Merida Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.76%
Mortgage Type
New Conventional

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
Apr 22, 2008
Sold by
Merida Enrique
Bought by
Merida Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2001
Sold by
Merida Claudia
Bought by
Merida Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
7.08%
Mortgage Type
Unknown
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $590,000 Fidelity National Title
Grant Deed $550,000 Progressive Title Company
Grant Deed -- Wfg National Title
Deed -- --
Interfamily Deed Transfer -- First American Title Co La
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 Construction
Previous Owner $111,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $150,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $140,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $550,000 -8.3% $410 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $600,000 -- $448 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,520 $274,844 $159,990 $114,854
2024 $3,520 $269,455 $156,853 $112,602
2023 $3,455 $264,173 $153,778 $110,395
2022 $3,300 $258,994 $150,763 $108,231
2021 $3,255 $253,916 $147,807 $106,109
2019 $3,161 $246,386 $143,424 $102,962
2018 $3,095 $241,556 $140,612 $100,944
2016 $2,950 $232,177 $135,152 $97,025
2015 $2,908 $228,690 $133,122 $95,568
2014 $2,925 $224,211 $130,515 $93,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25023965

California Regional Multiple Listing Service (CRMLS)

APN: 7420-011-003