NOT LISTED FOR SALE

1318 Velasco St Los Angeles, CA 90023

Boyle Heights Neighborhood

Estimated Value: $945,724

-- Bed
-- Bath
3,710 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 1318 Velasco St, Los Angeles, CA 90023 and is currently estimated at $945,724, approximately $254 per square foot. 1318 Velasco St is a home located in Los Angeles County with nearby schools including Lorena Street Elementary School, Robert Louis Stevenson Middle School, and Theodore Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2016
Sold by
Leong Lance D
Bought by
Velasco Street Partners Llc
Current Estimated Value
$945,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$240,848
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$704,876

Purchase Details

Closed on
Oct 22, 2003
Sold by
Leong Carlos L
Bought by
Leong Lance D and Leong Crystal Rose D

Purchase Details

Closed on
Sep 14, 1999
Sold by
Rosen Edward
Bought by
Leong Carlos L and Leong Corazon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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.

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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

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.

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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
Velasco Street Partners Llc $587,500 First American Title Company
Leong Lance D -- --
Leong Carlos L $145,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasco Street Partners Llc $300,000
Previous Owner Leong Carlos L $108,750
Closed Leong Carlos L $26,100
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 $8,522 $681,839 $348,173 $333,666
2024 $8,522 $668,471 $341,347 $327,124
2023 $8,363 $655,364 $334,654 $320,710
2022 $7,982 $642,515 $328,093 $314,422
2021 $7,868 $629,917 $321,660 $308,257
2019 $7,638 $611,235 $312,120 $299,115
2018 $7,540 $599,250 $306,000 $293,250
2016 $2,557 $188,246 $71,402 $116,844
2015 $2,523 $185,419 $70,330 $115,089
2014 $2,542 $181,788 $68,953 $112,835
Source: Public Records

Map

California Los Angeles County Los Angeles 90023 Boyle Heights

1318 Velasco St, Los Angeles, CA

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