NOT LISTED FOR SALE

Estimated Value: $965,579 - $1,090,000

7 Beds
4 Baths
3,160 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 161 W 40th Place, Los Angeles, CA 90037 and is currently estimated at $1,030,895, approximately $326 per square foot. 161 W 40th Place is a home located in Los Angeles County with nearby schools including Trinity Street Elementary School, Maple Primary Center, and William Jefferson Clinton Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2016
Sold by
Salcedo Salvador and Salcedo Irma
Bought by
Salcedo Salvador and Salcedo Jose L
Current Estimated Value
$1,030,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,700
Outstanding Balance
$228,197
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$827,662

Purchase Details

Closed on
Mar 8, 2002
Sold by
Salcedo Salvador and Salcedo Irma
Bought by
Salcedo Salvador and Salcedo Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.84%

Purchase Details

Closed on
Jun 22, 1995
Sold by
Perea Juan and Perea Martha
Bought by
Salcedo Salvador and Salcedo Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.88%

Purchase Details

Closed on
Apr 26, 1995
Sold by
First Team Development Co Inc
Bought by
Perea Juan and Perea Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.88%

Purchase Details

Closed on
Mar 6, 1995
Sold by
Fairley Guy C
Bought by
First Team Development Company Inc

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
8.44%

Purchase Details

Closed on
Jan 24, 1995
Sold by
Wallace Eugene J and Fairley Selena B
Bought by
First Team Development Co Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Salcedo Salvador -- None Available
Salcedo Salvador -- American Title Co
Salcedo Salvador $160,000 Progressive Title Company
Perea Juan $74,000 Progressive Title Company
First Team Development Company Inc -- Progressive Title Company
First Team Development Co Inc -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salcedo Salvador $285,700
Closed Salcedo Salvador $287,000
Closed Salcedo Salvador $198,000
Closed Salcedo Salvador $167,000
Closed Salcedo Salvador $144,000
Previous Owner Perea Juan $110,000
Source: Public Records

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 $5,206 $401,265 $133,143 $268,122
2024 $5,206 $393,398 $130,533 $262,865
2023 $5,062 $385,685 $127,974 $257,711
2022 $4,836 $378,123 $125,465 $252,658
2021 $4,761 $370,709 $123,005 $247,704
2020 $4,803 $366,909 $121,744 $245,165
2019 $4,624 $359,715 $119,357 $240,358
2018 $4,535 $352,663 $117,017 $235,646
2016 $4,306 $338,971 $112,474 $226,497
2015 $4,246 $333,880 $110,785 $223,095
2014 $4,271 $327,340 $108,615 $218,725
Source: Public Records

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