NOT LISTED FOR SALE

Estimated Value: $775,012 - $933,000

2 Beds
1 Bath
1,248 Sq Ft
$669/Sq Ft Est. Value

Last Sold August 02, 2013

Last sale price $335,000 $268 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,014/month

17 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Enclosed Patio or Porch
  • Traditional Architecture
  • Bonus Room
  • Converted Garage

About This Home

As of August 2013

Priced to sell!! Listed is a 2 Bedroom, 1 Bathroom Single Family Residence perfect for an owner occupant or investor. Located in Mid-Los Angeles, this home is nearby shops, grocery stores and near the University of Southern California. Includes a fireplace, de-attached garage, bonus rooms, basement, and a wrap around patio covered by trees and bougainvillea plants in addition to fruit tree's throughout. It boasts a 1248 SF home on a 6250 SF lot. With some TLC, this cold be a cozy residence for someone looking for a home or condo alternative. This will not last at this price. Please see private remarks. Buyer to verify all property information.

Last Agent to Sell the Property

Mathew Matti

Re/Max Tri-City License #00978753 Listed on: 07/01/2013

Re/Max Tri-City

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,019

Year Built

  • Built in 1918

Lot Details

  • 6,250 Sq Ft Lot
  • Wrought Iron Fence
  • Chain Link Fence
  • Property is zoned LAR2

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Converted Garage
  • Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5054-026-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,019

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 1248
  • Property Condition: Fixer
  • Year Built: 1918
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Wood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 236.30

Exterior Features

  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Chain Link, Wrought Iron
  • Patio: Covered, Deck(s), Enclosed
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Converted Garage, Driveway

Utilities

  • Water Heater: Gas
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5054-026-022
  • Geocode Override: No
  • Lot Size Area: 6250

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2016
Sold by
Murphy Michael
Bought by
Murphy Michael and Murphy Melanie
Current Estimated Value
$835,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Outstanding Balance
$361,804
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$473,699

Purchase Details

Closed on
Apr 16, 2015
Sold by
Murphy Michael
Bought by
Murphy Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,515
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2013
Sold by
59Th Street Llc
Bought by
Murphy Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jul 25, 2013
Sold by
Pnmac Mortgage Opportunity Fund Investor
Bought by
59Th Street Llc
Seller's Agent
Mathew Matti
Re/Max Tri-City
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$294,900
Sold Price
$335,000
Premium/Discount to List
$40,100
13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$201,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2013
Sold by
Hernandez Silvestre
Bought by
Pnmac Mortgage Opportunity Fund Investor

Purchase Details

Closed on
Mar 26, 2013
Sold by
Hernandez Sivestre
Bought by
Hernandez Silvestre and Mejia Matilde

Purchase Details

Closed on
Oct 26, 2006
Sold by
Ramirez Higinio
Bought by
Hernandez Silvestre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2004
Sold by
Ramirez Higinio M and Ramirez Tomas Elsa
Bought by
Ramirez Higinio

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
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2003
Sold by
Ramirez Higinio and Ramirez Tomas Elsa
Bought by
Ramirez Higinio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.97%
Source: Public Records

Range of Values:

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Average Value
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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
Murphy Michael -- Wfg Natl Title Comapny Of Ca
Murphy Michael -- Pacific Coast Title Company
Murphy Michael $460,000 Ticor Title Co
59Th Street Llc $335,000 Ticor Title Company Inland E
Pnmac Mortgage Opportunity Fund Investor $511,268 Accommodation
Hernandez Silvestre -- None Available
Hernandez Silvestre $492,000 Alliance Title Co Irvine
Ramirez Higinio -- Stewart Title Of Ca Inc
Ramirez Higinio -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Michael $454,000
Closed Murphy Michael $448,515
Closed Murphy Michael $451,668
Previous Owner 59Th Street Llc $201,000
Previous Owner Hernandez Silvestre $393,600
Previous Owner Ramirez Higinio $130,000
Previous Owner Ramirez Higinio $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2013 08/02/13 Sold $335,000 +13.6% $268 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $294,900 -- $236 / 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 $7,019 $563,886 $441,305 $122,581
2024 $7,019 $552,830 $432,652 $120,178
2023 $6,889 $541,991 $424,169 $117,822
2022 $6,578 $531,364 $415,852 $115,512
2021 $6,492 $520,947 $407,699 $113,248
2019 $6,302 $505,497 $395,607 $109,890
2018 $6,180 $495,586 $387,850 $107,736
2016 $5,909 $476,344 $372,791 $103,553
2015 $5,824 $469,190 $367,192 $101,998
2014 $5,850 $460,000 $360,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-685383

The MLS

APN: 5054-026-022