NOT LISTED FOR SALE

1540 Lagoon Ave Wilmington, CA 90744

Estimated Value: $737,000 - $813,029

3 Beds
2 Baths
1,461 Sq Ft
$533/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $540,000 $370 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,766/month

43 Days on Market

Highlights

  • High Ceiling
  • No HOA
  • Breakfast Area or Nook
  • Granite Countertops
  • Neighborhood Views
  • Formal Dining Room

About This Home

As of August 2020

Gorgeous 3 bedroom, 2 bath Tudor home in turnkey condition! One of the best and most sought-after areas of Wilmington! Beautiful kitchen with exquisite granite counter tops, checkered tile floors. It has it's own separate adorable breakfast alcove with decorative built-in shelves, and the laundry room is conveniently located next to the kitchen. The remodeled guest bathroom has a separate shower and a claw-foot tub with subway tiled wall, shutters, and a beautiful vanity. The master suite has its own full bath with separate shower. This inviting and warm home has sparkling chandeliers, gleaming hardwood floors and Mediterranean style entryways throughout, adding charm and character. Lovely living room area has a large fireplace and a majestic high ceiling with a separate formal dining room with tall french windows overlooking the delightful front porch. Central heating plus window air conditioners in the living room and two bedrooms to maintain comfortable temperatures all year. The long, decorative carport leads to the spacious two-car detached garage which also includes washer and dryer hookups, a sink and a bonus shed! The front and back yards sprinkler systems help to maintain a healthy lawn. The backyard evokes a sense of tranquility and is inviting for entertaining. This is truly a must see home!

Last Agent to Sell the Property

Maria Noyola

Realty One Group Homelink License #01987194 Listed on: 07/11/2019

Realty One Group Homelink

Last Buyer's Agent

Laura Roman

Vylla Home, Inc. License #01279089

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,194

Year Built

  • Built in 1930

Lot Details

  • 5,550 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Turnkey

Interior Spaces

  • 1,461 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / I
  • Tax Tract Number 3609
  • Assessor Parcel Number 7421018006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,194

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7421018006
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1461.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 369.61
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower, Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5550.00
  • Lot Size Acres: 0.1274

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: I
  • Tax Census Tract: 2942.00
  • Tax Lot: 6
  • Tax Tract Number: 3609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2019
Sold by
Garcia Reynaldo and Garcia Brenda R
Bought by
Bautista Edward and Bautista Cynthia
Current Estimated Value
$760,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,219
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 8, 2018
Sold by
Bustamante Enrique
Bought by
Garcia Reynaldo and Garcia Brenda R
Seller's Agent
Rosemary Osuna
Del Mar Realty
Buyer's Agent
Maria Noyola
Realty One Group Homelink
List Price
$529,999
Sold Price
$530,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$515,490
Interest Rate
5.62%
Mortgage Type
FHA

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
Sep 26, 2008
Sold by
Richardson Frank J
Bought by
Bustamante Enrique and Bustamante Erica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,750
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2006
Sold by
Richardson Franklin J
Bought by
Richardson Frank J and Richardson Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 8, 2005
Sold by
Richardson Franklin J
Bought by
Richardson Franklin J and Richardson Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 6, 2001
Sold by
Mountain Chris
Bought by
Richardson Frank and Richardson Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2001
Sold by
Lorenzana Larry S
Bought by
Mountain Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
6.98%
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
Bautista Edward $540,000 Priority Title
Garcia Reynaldo $530,000 Chicago Title Company
Tegel -- --
Bustamante Enrique $351,500 Fidelity National Title Co
Richardson Frank J -- First American Title
Richardson Franklin J -- --
Richardson Frank $190,000 Commonwealth Title
Mountain Chris -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bautista Edward $43,000
Previous Owner Bautista Edward $530,219
Previous Owner Garcia Reynaldo $515,490
Previous Owner Tegel --
Previous Owner Bustamante Enrique $30,000
Previous Owner Bustamante Enrique $341,435
Previous Owner Bustamante Enrique $347,182
Previous Owner Bustamante Enrique $345,750
Previous Owner Richardson Frank J $498,750
Previous Owner Richardson Frank $400,000
Previous Owner Richardson Frank $50,000
Previous Owner Richardson Frank $360,000
Previous Owner Richardson Frank $320,800
Previous Owner Richardson Frank $265,000
Previous Owner Richardson Franklin $221,000
Previous Owner Richardson Franklin J $0
Previous Owner Richardson Frank $187,064
Previous Owner Mountain Chris $8,000
Previous Owner Lorenzana Larry S $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $540,000 -1.6% $370 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/14/2019 08/14/19 Price Changed $549,000 -4.5% $376 / Sq Ft
08/02/2019 08/02/19 Price Changed $575,000 +1.1% $394 / Sq Ft
07/24/2019 07/24/19 Price Changed $569,000 -3.6% $389 / Sq Ft
07/23/2019 07/23/19 Price Changed $590,000 +3.7% $404 / Sq Ft
07/11/2019 07/11/19 For Sale $569,000 +7.4% $389 / Sq Ft
06/14/2018 06/14/18 Sold $530,000 0.0% $363 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $529,999 -- $363 / 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 $7,194 $584,511 $422,039 $162,472
2024 $7,194 $573,051 $413,764 $159,287
2023 $7,058 $561,815 $405,651 $156,164
2022 $6,733 $550,800 $397,698 $153,102
2021 $6,648 $540,000 $389,900 $150,100
2020 $6,917 $551,411 $374,127 $177,284
2019 $6,647 $540,600 $366,792 $173,808
2018 $4,987 $397,808 $234,160 $163,648
2016 $4,673 $375,000 $220,000 $155,000
2015 $4,673 $375,000 $220,000 $155,000
2014 $4,370 $341,000 $200,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19162323

California Regional Multiple Listing Service (CRMLS)

APN: 7421-018-006