NOT LISTED FOR SALE

1601 E Martin Luther King Junior Blvd Unit B Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $645,000 - $746,000

3 Beds
2 Baths
1,432 Sq Ft
$489/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $600,000 $419 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,337/month

42 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 2-minute walk to Ross Snyder Recreation Center
  • Front Yard

About This Home

As of December 2021

Great starter home for first time home buyer, with potential for rental income. Home has long driveway, with potential to parking for 6 vehicles, in addition to a 2 car garage. Great gated front yard with stone pavers and turf, to enjoy the sunrise or sunset on a lovely porch. The home consist of three ample bedrooms, and two bathrooms. Great open floor plan with ceramic flooring throughout. Come make this home your own.

Last Agent to Sell the Property

Gilberto Rojas

Christopher Oliver License #01450276 Listed on: 08/21/2021

Last Buyer's Agent

LEANDRO PENA

Blue Door Real Estate License #01884720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,439

Year Built

  • Built in 1906

Lot Details

  • 5,141 Sq Ft Lot
  • Front Yard
  • Property is zoned LAR2

Parking

  • 1 Car Garage

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 41
  • Assessor Parcel Number 5117009030
  • $4,359 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,439

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5117009030
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1432.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 418.99
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5141.00
  • Lot Size Acres: 0.1180

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5141.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2281.00
  • Tax Lot: 41
  • Tax Tract Number: 41
  • TaxOtherAnnualAssessmentAmount: 4359.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Nov 9, 2021
Sold by
Alarcon Arnulfo and Contreras Edwin Rolando
Bought by
Ramirez Jose R and Rivas Nuria Lira
Seller's Agent
Gilberto Rojas
Christopher Oliver
Buyer's Agent
LEANDRO PENA
Blue Door Real Estate
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Total Days on Market
42
Current Estimated Value
$700,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,339
Avg. Annual Appreciation
4.30%
Original Mortgage
$570,000
Outstanding Balance
$528,407
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$166,805

Purchase Details

Closed on
Sep 26, 2019
Sold by
Alarcon Arnulfo
Bought by
Alarcon Arnulfo and Contreras Edwn Rolando Alarcon

Purchase Details

Closed on
Mar 7, 2015
Sold by
Alarcon Arnulfo
Bought by
Alarcon Arnulfo

Purchase Details

Closed on
Apr 23, 2001
Sold by
Goldberg Jason and Nadley Bryan
Bought by
Alarcon Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.98%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 18, 2000
Sold by
Hinton John Henry
Bought by
Goldberg Herbert

Purchase Details

Closed on
Jul 21, 1999
Sold by
Hinton John Henry
Bought by
Hinton John Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,700
Interest Rate
7.64%

Purchase Details

Closed on
Oct 24, 1998
Sold by
Hodges Zenobia
Bought by
Hinton John Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
6.88%
Mortgage Type
Unknown
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
Ramirez Jose R $570,000 Monarch Title Company
Alarcon Arnulfo -- Accommodation
Alarcon Arnulfo -- None Available
Alarcon Arnulfo $155,000 --
Goldberg Jayson -- --
Goldberg Herbert $87,550 --
Hinton John Henry -- Orange Coast Title
Hinton John Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jose R $570,000
Previous Owner Alarcon Arnulfo $350,000
Previous Owner Alarcon Arnulfo $320,000
Previous Owner Alarcon Arnulfo $124,000
Previous Owner Hinton John Henry $98,700
Previous Owner Hinton John Henry $76,000
Previous Owner Hodges Zenobia $38,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $600,000 0.0% $419 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $600,000 -4.0% $419 / Sq Ft
08/21/2021 08/21/21 For Sale $625,000 -- $436 / 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 $7,439 $593,027 $467,139 $125,888
2023 $7,868 $581,400 $457,980 $123,420
2022 $6,963 $570,000 $449,000 $121,000
2021 $6,898 $215,755 $129,455 $86,300
2019 $6,818 $209,358 $125,616 $83,742
2018 $6,710 $205,253 $123,153 $82,100
2016 $2,527 $197,285 $118,372 $78,913
2015 $2,408 $194,322 $116,594 $77,728
2014 $2,423 $190,517 $114,311 $76,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21185310

California Regional Multiple Listing Service (CRMLS)

APN: 5117-009-030