NOT LISTED FOR SALE

1511 Island Ave Los Angeles, CA 90744

Estimated Value: $498,000 - $828,000

0.13 Acre
$5,478,623 Price per Acre
5,536 Sq Ft Lot

Last Sold July 26, 2019

Last sale price $210,000

Est. 232% increase in value since last sale

Current estimated payment $4,427/month

50 Days on Market

About This Lot

As of July 2019

Residential parcel zoned as LAR1, 50' x 111' lot, undeveloped. Property is in a good neighborhood with long established single family homes.

Last Agent to Sell the Property

Jessie Ornelas

Keller and Associates Realty License #01454666 Listed on: 05/22/2019

Last Buyer's Agent

Katherine Johnston

eXp Realty of Greater Los Angeles License #01321933

eXp Realty of Greater Los Angeles

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,596

Lot Details

  • 5,536 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Listing and Financial Details

  • Assessor Parcel Number 7421018028

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$7,596

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAR1
  • Property Type: Land
  • Parcel Number: 7421018028
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 37.93

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5536.00
  • Lot Size Acres: 0.1271
  • Latitude Manual: 33.79353600

Multi Family

  • Lot Size Area: 5536.0000 Square Feet

Tax Info

  • Tax Census Tract: 2942.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Rodriguez James A and Rodriguez Cecilia M
Bought by
Rodriguez Cecilia M and Rodriguez Fitch Anita
Current Estimated Value
$696,333

Purchase Details

Closed on
Nov 22, 2019
Sold by
Jme Property Investments Inc
Bought by
Tapia Monica and Tapia Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,639
Outstanding Balance
$497,185
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$368,148

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 15, 2019
Sold by
Rodriguez James A and Rodriguez Cecilia M
Bought by
Jme Property Investment Inc
Seller's Agent
Jessie Ornelas
Keller and Associates Realty
Buyer's Agent
Katherine Johnston
eXp Realty of Greater Los Angeles
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.18%

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

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
Aug 15, 2005
Sold by
Rodriguez Elvira M
Bought by
Rodriguez Elvira M and Trust B
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
Rodriguez Cecilia M -- None Available
Tapia Monica $572,000 Fidelity National Title Co
Jme Property Investment Inc $210,000 Fidelity National Title
Tegel -- --
Rodriguez Elvira M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Monica $561,639
Previous Owner Tegel --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $210,000 0.0% --
07/11/2019 07/11/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $210,000 -- --
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 $7,596 $617,900 $229,663 $388,237
2024 $7,596 $605,785 $225,160 $380,625
2023 $2,753 $220,746 $220,746 $0
2022 $2,623 $216,418 $216,418 $0
2021 $2,594 $212,175 $212,175 $0
2020 $2,619 $210,000 $210,000 $0
2019 $326 $19,313 $19,313 $0
2018 $312 $18,935 $18,935 $0
2016 $299 $18,200 $18,200 $0
2015 $294 $17,927 $17,927 $0
2014 $297 $17,576 $17,576 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19116778

California Regional Multiple Listing Service (CRMLS)

APN: 7421-018-028