NOT LISTED FOR SALE

Estimated Value: $1,087,000 - $1,344,000

7 Beds
3 Baths
2,037 Sq Ft
$592/Sq Ft Est. Value

Last Sold January 11, 2018

Last sale price $785,000 $385 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,502/month

27 Days on Market

About This Home

As of January 2018

PROBATE AUCTION!!! GREAT OPPORTUNITY TO BUY A HOUSE PLUS 2 UNITS IN THE UNIVERSITY PARK AREA OF LOS ANGELES, CLOSE TO USC. THE FRONT 3 BEDROOM, 1 BATHROOM HOME FEATURES A LIVING ROOM, DINING AREA, KITCHEN, FAMILY ROOM AND LAUNDRY AREA. BACK UNITS ARE 2 BEDROOM, 1 BATHROOM UNITS, EACH CONSISTING OF A KITCHEN AND BREAKFAST NOOK. GREAT CENTRAL LOCATION. PERSONAL PROPERTY NOT INCLUDED IN SALE. LEASES AVAILABLE UPON REQUEST.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 09/18/2017

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,822

Year Built

  • Built in 1964

Lot Details

  • 5,878 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • 2,037 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 5055018008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $58,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,822

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5055018008
  • Year Built: 1964
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 385.37

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5878.00

Multi Family

  • Gross Income: 58680.00
  • Gross Scheduled Income: 58680.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2217.10
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 29, 2017
Sold by
Castillo Auxiliadora and Tapia Ramirez Alex
Bought by
Yang Meng Ta and Huang Ching Ting
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$575,000
Sold Price
$785,000
Premium/Discount to List
$210,000
36.52%
Current Estimated Value
$1,205,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,333
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Tapia Rosa Goreti
Bought by
Tapia Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2007
Sold by
Tapia Alex
Bought by
Tapia Alejandro

Purchase Details

Closed on
Jun 15, 2007
Sold by
Tapia Alejandro
Bought by
Tapia Alejandro and Tapia Alex

Purchase Details

Closed on
Oct 25, 2002
Sold by
Tapia Alejandro and Tapia Maria Teresa
Bought by
Tapia Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.89%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Tapia Maria T
Bought by
Tapia Alejandro and Tapia Maria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.41%
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
Yang Meng Ta $785,000 Lawyers Title Company
Tapia Alejandro -- Title 365 Company
Tapia Alejandro -- None Available
Tapia Alex -- None Available
Tapia Alejandro -- None Available
Tapia Alejandro -- American Coast Title Company
Tapia Alejandro -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Meng Ta $882,000
Previous Owner Tapia Alejandro $810,000
Previous Owner Tapia Alejandro $209,000
Previous Owner Tapia Alejandro $40,000
Previous Owner Tapia Alejandro $227,000
Previous Owner Tapia Alejandro $130,000
Previous Owner Tapia Alejandro $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2018 01/11/18 Sold $785,000 +36.5% $385 / Sq Ft
10/15/2017 10/15/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $575,000 -- $282 / 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 $11,822 $973,846 $796,478 $177,368
2024 $11,822 $954,752 $780,861 $173,891
2023 $11,598 $936,032 $765,550 $170,482
2022 $11,067 $917,680 $750,540 $167,140
2021 $10,920 $899,687 $735,824 $163,863
2020 $5,423 $816,714 $728,280 $88,434
2019 $9,705 $800,700 $714,000 $86,700
2018 $881 $55,318 $21,518 $33,800
2016 $1,191 $53,173 $20,684 $32,489
2015 $1,181 $52,375 $20,374 $32,001
2014 $1,206 $51,350 $19,975 $31,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17215494

California Regional Multiple Listing Service (CRMLS)

APN: 5055-018-008