NOT LISTED FOR SALE

Estimated Value: $819,000 - $1,232,000

3 Beds
1 Bath
1,104 Sq Ft
$938/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $137,500 $125 Per Sq Ft

Est. 653% increase in value since last sale

Current estimated payment $6,453/month

20 Days on Market

Highlights

  • Views
  • Bungalow
  • 1-Story Property
  • Living Room
  • 2 Car Garage

About This Home

As of January 2012

This home is located at 1320 E 42nd Place, Los Angeles, CA 90011 since 16 November 2011 and is currently estimated at $1,035,017, approximately $937 per square foot. This property was built in 1913. 1320 E 42nd Place is a home located in Los Angeles County with nearby schools including Ascot Avenue Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

Last Agent to Sell the Property

Charles Graham

Keller Williams Downtown LA License #01277385 Listed on: 11/16/2011

Co-Listed By

Michael Fukushima

Keller Williams Los Angeles License #01380445

Last Buyer's Agent

Charles Graham

Keller Williams Downtown LA License #01277385 Listed on: 11/16/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,762

Year Built

  • Built in 1913

Lot Details

  • 5,625 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • City Lot

Utilities

  • Gravity Heating System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5116-004-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,762

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1104
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1913
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Full Bathroom: 1
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 158.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Water District: Metro/L.A. City
  • Heating: Gravity
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5116-004-008
  • Lot Location: City
  • Lot Size Area: 5625

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Melchor Carias Josue H and Lopez Gerardo Tereso
Bought by
Lopez Gerardo Tereso and Lopez Silvia
Current Estimated Value
$1,035,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$402,781
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$564,156

Purchase Details

Closed on
May 31, 2013
Sold by
Lopez Silvia M
Bought by
Lopez Gerardo Tereso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,672
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2013
Sold by
Ocean Development Inc
Bought by
Melchor Carias Joshue H and Lopez Gerardo Tereso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,672
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 16, 2011
Closed on
Dec 12, 2011
Sold by
Lewis Arthur A and Lewis Dorothy E
Bought by
Ocean Development Inc
Seller's Agent
Charles Graham
Keller Williams Downtown LA
Buyer's Agent
Charles Graham
Keller Williams Downtown LA
List Price
$175,000
Sold Price
$137,500
Premium/Discount to List
-$37,500
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%
Original Mortgage
$73,500
Interest Rate
3.91%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Lopez Gerardo Tereso $221,000 North American Title Co Inc
Lopez Gerardo Tereso -- Lawyers Title
Melchor Carias Joshue H $515,000 Lawyers Title La
Ocean Development Inc $137,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Gerardo Tereso $442,000
Previous Owner Melchor Carias Joshue H $505,672
Previous Owner Ocean Development Inc $73,500
Previous Owner Ocean Development Inc $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2012 01/06/12 Sold $137,500 -21.4% $125 / Sq Ft
12/06/2011 12/06/11 Pending -- -- --
11/16/2011 11/16/11 For Sale $175,000 -- $159 / Sq Ft
Source: The MLS

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 $9,762 $794,623 $351,495 $443,128
2024 $9,762 $779,043 $344,603 $434,440
2023 $9,576 $763,769 $337,847 $425,922
2022 $9,219 $748,794 $331,223 $417,571
2021 $7,350 $585,880 $159,266 $426,614
2020 $7,419 $579,873 $157,633 $422,240
2019 $7,136 $568,504 $154,543 $413,961
2018 $7,004 $557,358 $151,513 $405,845
2016 $6,666 $535,718 $145,631 $390,087
2015 $6,571 $527,672 $143,444 $384,228
2014 $6,602 $517,337 $140,635 $376,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-567069

The MLS

APN: 5116-004-008