NOT LISTED FOR SALE

1406 Murchison St Los Angeles, CA 90033

Estimated Value: $762,000 - $848,000

3 Beds
2 Baths
1,032 Sq Ft
$778/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $575,000 $557 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,993/month

3 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Living Room
  • Abraham Lincoln High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 2-minute walk to Crusado Park

About This Home

As of November 2020

What a Great Opportunity for first time Home buyers or Investors. This Property is definitely pride of ownership. Property consist of 3 really good size bedrooms and 2 full size bathrooms. Very nice well kept and good size kitchen with newer Kitchen Cabinets, Newer Windows, Newer Paint inside and outside, Most of the Home has Original Hardwood floors in perfect conditions, Roof in really good conditions, good size living room and the backyard has a beautiful space ready for entertaining. This Home will not last. This property is located less than a mile from LAC + USC Medical Center, less than 5 minutes away from California State University Los Angeles (CAL STATE LA), Close to major shopping centers, close to Major Freeways such as FWY 10, FWY 5, close to Schools, Parks, Churches, etc... Don't wait too long, This Home will Sell super fast.!!!

Last Agent to Sell the Property

Hector Benavidez

Equity Smart Real Estate Services License #01337609 Listed on: 10/07/2020

Equity Smart Real Estate Services

Last Buyer's Agent

Travis Zidek

Keller Williams Hollywood Hills License #01864676

Keller Williams Hollywood Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,499

Year Built

  • Built in 1973

Lot Details

  • 4,400 Sq Ft Lot
  • Level Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAC1

Interior Spaces

  • 1,032 Sq Ft Home
  • Entryway
  • Living Room
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 5
  • Assessor Parcel Number 5202012010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,499

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAC1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5202012010
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1032.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 557.17
  • Room Type: Entry, Kitchen, Laundry, Living Room

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level with Street
  • Lot Size Sq Ft: 4400.00
  • Lot Size Acres: 0.1010

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2031.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Oct 16, 2020
Sold by
Castaneda Walter E and Castaneda Maribel
Bought by
Scher Elliott Michael and Schermetzler Anthony David
Seller's Agent
Hector Benavidez
Equity Smart Real Estate Services
Buyer's Agent
Travis Zidek
Keller Williams Hollywood Hills
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Current Estimated Value
$803,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,315
Avg. Annual Appreciation
6.28%
Original Mortgage
$540,000
Outstanding Balance
$482,467
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$288,299

Purchase Details

Closed on
Feb 11, 2004
Sold by
Arriaga Esperanza
Bought by
Castaneda Walter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1996
Sold by
Arriaga Esperanza
Bought by
Arriaga Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.98%
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
Scher Elliott Michael $575,000 Provident Title Company
Castaneda Walter E $235,000 Landwood Title Company
Arriaga Esperanza -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scher Elliott Michael $540,000
Previous Owner Castaneda Walter E $305,000
Previous Owner Castaneda Walter E $79,069
Previous Owner Castaneda Walter E $62,729
Previous Owner Castaneda Walter E $211,500
Previous Owner Arriaga Esperanza $18,000
Previous Owner Arriaga Esperanza $42,000
Closed Castaneda Walter E $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $575,000 +4.5% $557 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $550,000 -- $533 / 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 $7,499 $622,396 $497,918 $124,478
2024 $7,499 $610,193 $488,155 $122,038
2023 $7,354 $598,230 $478,584 $119,646
2022 $7,012 $586,500 $469,200 $117,300
2021 $7,007 $575,000 $460,000 $115,000
2019 $3,682 $299,507 $178,432 $121,075
2018 $3,604 $293,635 $174,934 $118,701
2016 $3,436 $282,235 $168,142 $114,093
2015 $3,386 $277,997 $165,617 $112,380
2014 $3,403 $272,552 $162,373 $110,179
Source: Public Records

Agents Affiliated with this Home

  • Hector Benavidez

    Seller's Agent in 2020

    Hector Benavidez

    Equity Smart Real Estate Services

    (323) 702-5722

    2 in this area

    88 Total Sales

    Hector Benavidez
    Section Image
  • Travis Zidek

    Buyer's Agent in 2020

    Travis Zidek

    Keller Williams Hollywood Hills

    (818) 732-5571

    2 in this area

    18 Total Sales

    Travis Zidek
    Section Image

  • C

    Buyer's Agent in 2020

    Christopher Demian

    Keller Williams Hollywood Hills

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20211406

California Regional Multiple Listing Service (CRMLS)

APN: 5202-012-010

California Los Angeles County Los Angeles 90033

1406 Murchison St, Los Angeles, CA

This home is located at 1406 Murchison St, Los Angeles, CA 90033 since 07 October 2020 and is currently estimated at $803,315, approximately $778 per square foot. This property was built in 1973. 1406 Murchison St is a home located in Los Angeles County with nearby schools including Murchison Street Elementary, El Sereno Middle School, and Woodrow Wilson Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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