NOT LISTED FOR SALE

1556 E Martin Luther King jr Blvd Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $993,000 - $1,414,000

5 Beds
3 Baths
1,396 Sq Ft
$799/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $640,000 $458 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,020/month

Highlights

  • Lawn
  • Fireplace
  • 3-minute walk to Ross Snyder Recreation Center
  • No HOA
  • Living Room

About This Home

As of December 2015

No Rent Control, Brand New Construction!! Standard Sale

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 12/15/2015

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 12/15/2015

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,405

Year Built

  • Built in 1907

Lot Details

  • 5,193 Sq Ft Lot
  • Lawn

Parking

  • 2 Car Garage

Interior Spaces

  • 1,396 Sq Ft Home
  • Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 6659
  • Assessor Parcel Number 5117012014

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,405

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5117012014
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1396.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: Two
  • Price Per Square Foot: 458.45
  • Room Type: Living Room, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 5193.00
  • Price Per Lot Square Foot: 123.24
  • Lot Size Acres: 0.1190

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5193.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 6659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2015
Sold by
Ocean Develoment Inc
Bought by
The Daniel & Lisa Kassel Family Trust
Total Days on Market
0
Current Estimated Value
$1,115,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2015
Sold by
Csfr Colfin American Investors Trs Llc
Bought by
Ocean Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 24, 2015
Sold by
Colfin Ai Ca 5 Llc
Bought by
Csfr Colfin American Investors Trs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 14, 2012
Sold by
Flores Romero Naun and Romero Ana R
Bought by
Colfin Ai Ca 5 Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Davis David C and Gipson Sandra
Bought by
Flores Romero Naun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,150
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2006
Sold by
Davis David C
Bought by
Davis David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 1, 2005
Sold by
Davis David C
Bought by
Davis David C

Purchase Details

Closed on
Nov 24, 2004
Sold by
Gipson Sandra
Bought by
Davis David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2003
Sold by
Davis David C
Bought by
Davis David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
Gipson Sandra
Bought by
Davis David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Davis Elouise B
Bought by
Davis David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2002
Sold by
The Geraldine Worthington Living Trust
Bought by
Gipson Sandra

Purchase Details

Closed on
Sep 21, 1993
Sold by
Worthington Geraldine
Bought by
The Geraldine Worthington Living Trust
Source: Public Records

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Range of Values:

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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
The Daniel & Lisa Kassel Family Trust $640,000 Lawyers Title La
Ocean Development Inc $220,000 Ticor Title
Csfr Colfin American Investors Trs Llc -- Ticor Title
Colfin Ai Ca 5 Llc -- Fidelity Van Nuys
Flores Romero Naun $417,000 Gateway Landamerica Title
Davis David C -- Accommodation
Davis David C -- Chicago Title Co
Davis David C -- --
Davis David C -- Chicago Title Co
Davis David C -- --
Davis David C -- Lawyers Title
Davis David C -- Lawyers Title
Gipson Sandra -- --
The Geraldine Worthington Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel And Lisa Kassel Family $445,000
Previous Owner The Daniel & Lisa Kassel Family Trust $378,000
Previous Owner Ocean Development Inc $301,000
Previous Owner Ocean Development Inc $191,000
Previous Owner Flores Romero Naun $396,150
Previous Owner Davis David C $240,000
Previous Owner Davis David C $223,500
Previous Owner Davis David C $110,000
Previous Owner Davis David C $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $640,000 0.0% $458 / Sq Ft
12/15/2015 12/15/15 For Sale $640,000 -- $458 / 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
2024 $9,405 $742,769 $301,749 $441,020
2023 $9,228 $728,206 $295,833 $432,373
2022 $8,806 $713,929 $290,033 $423,896
2021 $8,682 $699,932 $284,347 $415,585
2019 $8,426 $679,173 $275,914 $403,259
2018 $8,313 $665,856 $270,504 $395,352
2016 $2,836 $223,355 $178,684 $44,671
2015 $2,140 $164,960 $97,337 $67,623
2014 -- $161,730 $95,431 $66,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15262562

California Regional Multiple Listing Service (CRMLS)

APN: 5117-012-014