NOT LISTED FOR SALE

1329 N Fries Ave Wilmington, CA 90744

Estimated Value: $630,000 - $798,000

3 Beds
2 Baths
1,509 Sq Ft
$470/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $536,500 $356 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,349/month

36 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • 1-Story Property
  • Wood Flooring
  • Family Room

About This Home

As of November 2022

This property would not qualify for standard financing due to the current property condition, Cash offer or hard money loan ONLY. Buyers did not perform due to interest rates. Back on market. Calling all investors, contractors, and bargain hunters! This 2 unit property is close to local restaurants, shops, and supermarkets with easy access to the freeway. It's also short distances to schools (elementary, middle and high schools). It has lots of potential for an income property or has great value to resell after you do a complete makeover. Front house is a 3 bedroom 1 bath home. It is in decent shape but needs some TLC. It offers a huge lot of close to 7500 sqft. The front house also has a detached garage (potential ADU) with a back yard. The back house needs a lot of work. It needs a complete renovation. It has lots of potential to renovate to a nice 1 bedroom or 2 bedroom house. It also has a separate back entrance. It feels like living in a separate house. Come and see for yourself if this is the opportunity you have been waiting for. The property is being sold AS IS. The seller will not do any repairs or provide any credit. Please call the listing agent to schedule a showing. Cash, hard money loan or minimum 20% down payments loan ONLY. The deadline to submit an offer is on 10/4 (Tuesday) by 5pm.

Last Agent to Sell the Property

Chien Chou Chen

Keller Williams Los Angeles License #02153634 Listed on: 09/01/2022

Keller Williams Los Angeles

Last Buyer's Agent

Chien Chou Chen

Keller Williams Los Angeles License #02153634 Listed on: 09/01/2022

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,903

Year Built

  • Built in 1923

Lot Details

  • 7,292 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,509 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Heating System Mounted To A Wall or Window

Community Details

Listing and Financial Details

  • Assessor Parcel Number 7420-005-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,903

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1509
  • Lot Acreage: 0.1674
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 390.99

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 52.41
  • Assessed Improvement Value: 24656
  • Assessed Land Percent: 47.59
  • Assessed Land Value: 22389
  • Total Assessed Value: 47045
  • Assessor Parcel Number: 7420-005-018
  • Lot Size Area: 7292

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Back House
  • Vacancy Rate: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel
Current Estimated Value
$709,025

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
Jun 19, 2001
Sold by
Ferrell Anita G
Bought by
Ferrell Anita G and The Antia Ferrell Trust
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
Tegel -- --
Ferrell Anita G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tegel --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $536,500 -9.1% $356 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $590,000 0.0% $391 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $590,000 -- $391 / 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 $6,903 $558,174 $350,094 $208,080
2024 $6,903 $547,230 $343,230 $204,000
2023 $6,772 $536,500 $336,500 $200,000
2022 $809 $47,985 $22,836 $25,149
2021 $791 $47,045 $22,389 $24,656
2020 $792 $46,564 $22,160 $24,404
2019 $771 $45,652 $21,726 $23,926
2018 $706 $44,757 $21,300 $23,457
2016 $658 $43,022 $20,474 $22,548
2015 $650 $42,377 $20,167 $22,210
2014 $666 $41,547 $19,772 $21,775
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chien Chou Chen

    Keller Williams Los Angeles

    (310) 482-2200

    1 in this area

    10 Total Sales

    Chien Chou Chen
    Section Image
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Map

Source: The MLS

MLS Number: 22-195153

The MLS

APN: 7420-005-018

California Los Angeles County Wilmington 90744

1329 N Fries Ave, Wilmington, CA

This home is located at 1329 N Fries Ave, Wilmington, CA 90744 since 01 September 2022 and is currently estimated at $709,025, approximately $469 per square foot. This property was built in 1923. 1329 N Fries Ave is a home located in Los Angeles County with nearby schools including Fries Avenue Elementary School, Wilmington Middle School STEAM Magnet, and Phineas Banning Senior High School.

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