NOT LISTED FOR SALE

1612 E 123rd St Los Angeles, CA 90059

Estimated Value: $623,000 - $706,000

3 Beds
2 Baths
1,328 Sq Ft
$499/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $290,000 $218 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,881/month

35 Days on Market

Highlights

  • Contemporary Architecture
  • Bonus Room
  • Eat-In Kitchen
  • Compton Early College Rated 9+
  • No HOA
  • Double Pane Windows

About This Home

As of April 2014

Title profile shows 2 bed one bath, there is a permitted addition as a family room, currently being used as a bedroom with a full bath, "there is no records of permits for this second bathroom", Seller purchased property as is, plus there is one more room that can be used as den, office, computer room, property has been refurbished with new ceramic tile flooring in living room, kitchen, and hall way, new laminate flooring in all bedrooms, new kitchen cabinets with granite counter tops, long drive way to a detached 2 car garage, good size back yard, property being sold "AS IS' no guaranties expressed, or implied.

Last Agent to Sell the Property

Leonel Tafoya

First Family REALTORS License #00778531 Listed on: 01/15/2014

Last Buyer's Agent

Josue Pech

Century 21 My Real Estate License #01943787

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 5,775 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Property is zoned LCR1

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,328 Sq Ft Home
  • Double Pane Windows
  • Bonus Room
  • Carbon Monoxide Detectors
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5407
  • Assessor Parcel Number 6147021003

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Zoning: LCR1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6147021003
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1328.00
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 218.37
  • Room Type: Bonus Room
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5775.00
  • Lot Size Acres: 0.1330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5775.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 5407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2014
Closed on
Feb 27, 2014
Sold by
Century Center For Economic Opportunity
Bought by
Pech Josue D and Pech Belen
Seller's Agent
Leonel Tafoya
First Family REALTORS
Buyer's Agent
Josue Pech
Century 21 My Real Estate
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Current Estimated Value
$662,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,741
Avg. Annual Appreciation
7.30%
Original Mortgage
$275,500
Outstanding Balance
$208,103
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$454,638

Purchase Details

Closed on
Oct 2, 2013
Sold by
The Secretary Of The Department Of Housi
Bought by
Century Center For Economic Opportunity

Purchase Details

Closed on
Mar 28, 2013
Sold by
Everbank
Bought by
The Secretary Of The Department Of Housi

Purchase Details

Closed on
Mar 19, 2013
Sold by
Arevalo Edgar
Bought by
Everbank

Purchase Details

Closed on
Sep 6, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Arevalo Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,613
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2008
Sold by
Gutierrez Manuel
Bought by
Deutsche Bank National Trust Co and Gsaa Home Equity Trust 2006-4

Purchase Details

Closed on
Dec 12, 2005
Sold by
Gurtierrez Dora
Bought by
Gurtierrez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 28, 2005
Sold by
Brownlee Edward
Bought by
Gutierrez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 2004
Sold by
Brownlee Georgia
Bought by
Brownlee Edward and Brownlee Georgia

Purchase Details

Closed on
Sep 11, 2003
Sold by
Brownlee Edward
Bought by
Brownlee Georgia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2000
Sold by
Davis Carol E
Bought by
Brownlee Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,170
Interest Rate
8.16%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pech Josue D $290,000 First American Title Company
Century Center For Economic Opportunity $210,000 Wfg Title Company Of Ca
The Secretary Of The Department Of Housi -- Lawyers Title Company
Everbank $274,911 Lawyers Title Company
Arevalo Edgar $260,000 California Title Company
Deutsche Bank National Trust Co $291,750 Service Link
Gurtierrez Manuel -- --
Gutierrez Manuel $390,000 Fidelity National Title Comp
Brownlee Edward -- --
Brownlee Georgia -- Fidelity National Title Co
Brownlee Edward $139,000 Fidelity Title
Brownlee Edward -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pech Josue D $275,500
Previous Owner Arevalo Edgar $256,613
Previous Owner Gurtierrez Manuel $78,000
Previous Owner Gutierrez Manuel $312,000
Previous Owner Brownlee Georgia $184,000
Previous Owner Brownlee Edward $143,170
Closed Century Center For Economic Opportunity $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2014 04/01/14 Sold $290,000 +1.8% $218 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $285,000 -- $215 / 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 $4,902 $355,488 $170,634 $184,854
2024 $4,902 $348,519 $167,289 $181,230
2023 $4,842 $341,686 $164,009 $177,677
2022 $4,512 $334,988 $160,794 $174,194
2021 $4,596 $328,421 $157,642 $170,779
2019 $7,223 $318,681 $152,967 $165,714
2018 $7,066 $312,433 $149,968 $162,465
2016 $6,839 $300,303 $144,146 $156,157
2015 $3,866 $295,793 $141,981 $153,812
2014 $2,921 $210,000 $135,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14010574

California Regional Multiple Listing Service (CRMLS)

APN: 6147-021-003