NOT LISTED FOR SALE

1506 E Colon St Wilmington, CA 90744

Estimated Value: $540,000 - $567,841

4 Beds
1 Bath
660 Sq Ft
$842/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $475,000 $720 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,412/month

31 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 4-minute walk to East Wilmington Vest Pocket Park
  • No HOA
  • 1-Story Property

About This Home

As of December 2021

Single Family Home with restaurants and shops nearby. Home has been a rental for many years, and the tenants converted living room into a 3rd bedroom. Lots of space in back yard, for entertaining or adding on. Much potential, priced to sell.

Must be courteous to tenants, do not walk on property without escort of agent. Thank you

All information deemed reliable but not guaranteed. Buyer to verify all information.

TItle says 2 bedroom 1 bath. But the home has 4 bedrooms, we believe this was done with out permits. but it's worked for them. Also, the kitchen was upgraded recently, granite counters, new cabinets and stainless appliances.

Last Agent to Sell the Property

Lauren Cotner

Epique Realty License #01242185 Listed on: 06/02/2021

Co-Listed By

Kevin Lewis

Engel & Völkers LA South Bay License #02112015

Last Buyer's Agent

Christina Maciel

Del Mar Realty License #01440106

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 4,301 Sq Ft Lot
  • Private Yard
  • Front Yard

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7426019008

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7426019008
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 660.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 719.70
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 4301.00
  • Lot Size Acres: 0.0987

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4301.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 1999
Sold by
Garcia Robert O
Bought by
Garcia Robert O and Robert O Garcia Separate Property Trust
Current Estimated Value
$555,960

Purchase Details

Closed on
Jan 7, 1999
Sold by
Garcia Robert O
Bought by
Garcia Robert O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.73%

Purchase Details

Closed on
Aug 8, 1996
Sold by
Garcia Nubia E
Bought by
Garcia Robert O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
8.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 1996
Sold by
Quinn Moraima
Bought by
Garcia Robert O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
8.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 1994
Sold by
Sanchez Magdalena R
Bought by
Quinn Moraima
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Robert O -- --
Garcia Robert O -- North American Title
Garcia Robert O -- First American Title Co
Garcia Robert O $65,000 First American Title Co
Quinn Moraima -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Robert O $61,000
Previous Owner Garcia Robert O $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $475,000 0.0% $720 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $475,000 -- $720 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,229 $504,073 $403,259 $100,814
2024 $6,130 $494,190 $395,352 $98,838
2023 $6,013 $484,500 $387,600 $96,900
2022 $5,733 $475,000 $380,000 $95,000
2021 $1,341 $97,777 $75,221 $22,556
2020 $1,351 $96,775 $74,450 $22,325
2019 $1,303 $94,879 $72,991 $21,888
2018 $1,274 $93,019 $71,560 $21,459
2016 $1,214 $89,409 $68,782 $20,627
2015 $1,198 $88,067 $67,749 $20,318
2014 $1,211 $86,342 $66,422 $19,920
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lauren Cotner

    Epique Realty

  • K

    Seller Co-Listing Agent in 2021

    Kevin Lewis

    Engel & Völkers LA South Bay

    Section Image
  • Christina Maciel

    Buyer's Agent in 2021

    Christina Maciel

    Del Mar Realty

    (310) 489-8648

    22 in this area

    76 Total Sales

    Christina Maciel
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21112946

California Regional Multiple Listing Service (CRMLS)

APN: 7426-019-008

California Los Angeles County Wilmington 90744

1506 E Colon St, Wilmington, CA

Not Listed for Sale

Detached

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