NOT LISTED FOR SALE

1586 Steele Ave Los Angeles, CA 90063

Estimated Value: $581,000 - $769,021

2 Beds
1 Bath
968 Sq Ft
$692/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $510,000 $527 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,258/month

17 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Laundry Room
  • Abraham Lincoln High School Rated A
  • 1 Car Attached Garage
  • No Heating

About This Home

As of November 2020

CITY TERRACE HOME!!! This home is a diamond in the ruff, in need of some upgrades, but in good condition. Same owners for 40+ years and they have maintain property. It features a large lot, with lots of potential for expanding. Has a great view of Downtown, your are able to see fireworks show at Dodger Stadium. Less then a 1/2 mile to California State University, Los Angeles. close to Freeway entrance.

Last Agent to Sell the Property

ISABEL DUCHARME

PROSPERA REALTORS License #01270305 Listed on: 09/13/2020

Last Buyer's Agent

Paul Munoz

Freemanfoxx Realty License #01223120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,059

Year Built

  • Built in 1927

Lot Details

  • 5,277 Sq Ft Lot
  • Back Yard
  • Property is zoned LCR1*

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Panoramic Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 200
  • Tax Tract Number 7813
  • Assessor Parcel Number 5225007023

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,059

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LCR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5225007023
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 968.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 526.86
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5277.00
  • Lot Size Acres: 0.1211

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5277.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5306.02
  • Tax Lot: 200
  • Tax Tract Number: 7813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Nov 5, 2020
Sold by
Ramirez Maria Carmen
Bought by
Ruiz Jeanette
Seller's Agent
ISABEL DUCHARME
PROSPERA REALTORS
Buyer's Agent
Paul Munoz
Freemanfoxx Realty
List Price
$515,000
Sold Price
$510,000
Premium/Discount to List
-$5,000
-0.97%
Current Estimated Value
$670,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,255
Avg. Annual Appreciation
5.93%
Original Mortgage
$459,000
Outstanding Balance
$410,304
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$259,951

Purchase Details

Closed on
Mar 24, 2005
Sold by
Ramirez Maria Carmen and Jesus R Ramirez Living Trust
Bought by
Ramirez Maria Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2001
Sold by
Ramirez Jesus R
Bought by
Ramirez Jesus R and The Jesus R Ramirez Living Tru
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
Ruiz Jeanette $510,000 North American Title
Ramirez Maria Carmen -- Old Republic Title Company
Ramirez Jesus R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Jeanette $459,000
Previous Owner Ramirez Maria Carmen $83,000
Previous Owner Ramirez Maria Carmen $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $510,000 -1.0% $527 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $515,000 -- $532 / 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 $7,059 $552,037 $441,631 $110,406
2024 $7,059 $541,214 $432,972 $108,242
2023 $6,935 $530,603 $424,483 $106,120
2022 $6,602 $520,200 $416,160 $104,040
2021 $6,530 $510,000 $408,000 $102,000
2019 $988 $33,343 $15,790 $17,553
2018 $944 $32,690 $15,481 $17,209
2016 $897 $31,423 $14,881 $16,542
2015 $885 $30,952 $14,658 $16,294
2014 $889 $30,346 $14,371 $15,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20190927

California Regional Multiple Listing Service (CRMLS)

APN: 5225-007-023