NOT LISTED FOR SALE

1559 E 111th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $560,000 - $587,336

3 Beds
2 Baths
1,096 Sq Ft
$520/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $399,000 $364 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,470/month

6 Days on Market

Highlights

  • Bonus Room
  • Neighborhood Views
  • Landscaped
  • No HOA
  • Laundry Room
  • 4-minute walk to One Hundred Ninth Street Recreation Center

About This Home

As of July 2019

Welcome to your perfect starter home! This 3 bedroom, 2 bathroom was upgraded when it was purchased and has been well maintained. Featuring high ceilings for a very spacious feel, an open floor plan , and double doors leading to the front and back yard that has been nicely landscaped. There is plenty of room for parking as it boasts a long driveway that leads to a spacious 2 car garage that has been made as a partial Bonus/Office/Work Space! This is a must see!

Last Agent to Sell the Property

Patricia Ramirez

Century 21 Allstars License #01393944 Listed on: 05/21/2019

Century 21 Allstars

Last Buyer's Agent

John Paul Palella

Excellence RE Real Estate, Inc. License #02047961

Excellence RE Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 3,993 Sq Ft Lot
  • Landscaped
  • Back and Front Yard
  • Property is zoned LAR2

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 705
  • Tax Tract Number 2426
  • Assessor Parcel Number 6070008025

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6070008025
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1096.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 364.05
  • Room Type: Bonus Room, Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 3993.00
  • Lot Size Acres: 0.0917

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3993.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2426.00
  • Tax Lot: 705
  • Tax Tract Number: 2426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2019
Sold by
Ramos Edhwar and Ramos Gerardo
Bought by
Ramos Edhwar and Reyes Will Robert
Current Estimated Value
$570,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,937
Outstanding Balance
$346,690
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$223,644

Purchase Details

Listed on
May 21, 2019
Closed on
May 31, 2019
Sold by
Amezcua Jose
Bought by
Ramos Edhwar and Ramos Gerardo
Seller's Agent
Patricia Ramirez
Century 21 Allstars
Buyer's Agent
John Paul Palella
Excellence RE Real Estate, Inc.
List Price
$389,000
Sold Price
$399,000
Premium/Discount to List
$10,000
2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$391,773
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2010
Sold by
R & Y Management Co Inc
Bought by
Amezcua Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
4.27%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2010
Sold by
Trejo Ruben
Bought by
R & Y Management Inc

Purchase Details

Closed on
Mar 25, 2010
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Trejo Ruben

Purchase Details

Closed on
Mar 22, 2010
Sold by
Trejo Yolanda
Bought by
Trejo Ruben

Purchase Details

Closed on
Aug 25, 2008
Sold by
Quality Loan Service Corp
Bought by
Hud
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
Ramos Edhwar -- Pacific Coast Title
Ramos Edhwar $399,000 Wfg Title Company Of Ca
Amezcua Jose $180,000 Calcounties Title Nation
R & Y Management Inc -- None Available
Trejo Ruben $70,000 Pacific Coast Title Company
Trejo Ruben -- Pacific Coast Title Company
Hud -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Edhwar $394,937
Closed Ramos Edhwar $391,773
Previous Owner Amezcua Jose $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2019 07/10/19 Sold $399,000 +2.6% $364 / Sq Ft
05/21/2019 05/21/19 For Sale $389,000 -- $355 / 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 $5,840 $458,233 $328,093 $130,140
2024 $5,840 $449,249 $321,660 $127,589
2023 $5,730 $440,441 $315,353 $125,088
2022 $5,472 $431,806 $309,170 $122,636
2021 $5,403 $423,340 $303,108 $120,232
2019 $2,077 $206,724 $79,013 $127,711
2018 $2,768 $202,671 $77,464 $125,207
2016 $2,636 $194,803 $74,457 $120,346
2015 $2,596 $191,878 $73,339 $118,539
2014 $2,607 $188,120 $71,903 $116,217
Source: Public Records

Agents Affiliated with this Home

  • Patricia Ramirez

    Seller's Agent in 2019

    Patricia Ramirez

    Century 21 Allstars

    (323) 718-0990

    63 Total Sales

    Patricia Ramirez
    Section Image
  • John Paul Palella

    Buyer's Agent in 2019

    John Paul Palella

    Excellence RE Real Estate, Inc.

    (562) 569-1851

    14 Total Sales

    John Paul Palella
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19118548

California Regional Multiple Listing Service (CRMLS)

APN: 6070-008-025

California Los Angeles County Los Angeles 90059 Watts

1559 E 111th St, Los Angeles, CA

Not Listed for Sale

Detached

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