1540 E 56th St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $578,000 - $620,097
3
Beds
2
Baths
1,218
Sq Ft
$488/Sq Ft
Est. Value
About This Home
This home is located at 1540 E 56th St, Los Angeles, CA 90011 and is currently estimated at $594,524, approximately $488 per square foot. 1540 E 56th St is a home located in Los Angeles County with nearby schools including Hooper Avenue Elementary School, Los Angeles Academy Middle School, and Nava College Preparatory Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2006
Sold by
Bustos Maria E
Bought by
Bustos Elbert
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$202,234
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$392,290
Purchase Details
Closed on
Sep 28, 2005
Sold by
Bustos Maria E
Bought by
Bustos Elbert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 1, 2005
Sold by
Valdovinos Jose
Bought by
Bustos Elbert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 25, 2005
Sold by
Valdovinos Maria
Bought by
Valdovinos Jose and Valdovinos Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 1997
Sold by
Valdovinos Jose
Bought by
Valdovinos Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.44%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bustos Elbert | -- | None Available | |
| Bustos Elbert | -- | Southland Title | |
| Bustos Elbert | $260,000 | Southland Title | |
| Valdovinos Jose | -- | -- | |
| Valdovinos Jose | -- | Investors Title Company | |
| Valdovinos Maria | -- | Universal Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bustos Elbert | $320,000 | |
| Closed | Bustos Elbert | $247,000 | |
| Previous Owner | Valdovinos Jose | $210,000 | |
| Previous Owner | Valdovinos Maria | $45,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,526 | $530,217 | $314,305 | $215,912 |
| 2024 | $6,526 | $519,822 | $308,143 | $211,679 |
| 2023 | $6,402 | $509,630 | $302,101 | $207,529 |
| 2022 | $6,108 | $499,638 | $296,178 | $203,460 |
| 2021 | $6,032 | $489,842 | $290,371 | $199,471 |
| 2019 | $5,498 | $445,000 | $264,000 | $181,000 |
| 2018 | $4,925 | $396,000 | $234,900 | $161,100 |
| 2016 | $3,942 | $316,700 | $187,900 | $128,800 |
| 2015 | $3,684 | $295,000 | $175,000 | $120,000 |
| 2014 | $3,200 | $248,000 | $147,000 | $101,000 |
Source: Public Records
Map
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