NOT LISTED FOR SALE

1622 E Sandison St Wilmington, CA 90744

Estimated Value: $590,000 - $742,000

3 Beds
2 Baths
1,052 Sq Ft
$639/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $450,000 $428 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,070/month

1 Day on Market

Highlights

  • No HOA
  • Living Room
  • Back Yard
  • Neighborhood Views
  • Laundry Room
  • 1-Story Property

About This Home

As of February 2020

This is your chance to own this Turnkey, 3 bedroom, 2 bathroom home in Wilmington! Upgraded kitchen, including quartz counters, stainless-steel appliances, and recessed lighting. Both bathrooms include new vanities, toilets, and shower tiling. All new flooring throughout. New Roof! Detached 2-car garage with large driveway for additional parking. Spacious backyard, with opportunity to build an accessory dwelling unit (ADU). Conveniently located close to public transportation and freeways. Come check this home out!

Last Agent to Sell the Property

Lien Pham

Fortune Weavers Realty Inc. License #02025081 Listed on: 11/15/2019

Last Buyer's Agent

Jim Chin Chang

Jim Chang Company License #01063066

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,044

Year Built

  • Built in 1953

Lot Details

  • 5,036 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 4251
  • Assessor Parcel Number 7426023004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,044

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7426023004
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1052.00 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: 427.76
  • Room Type: All Bedrooms Down, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5036.00
  • Lot Size Acres: 0.1156

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5036.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2941.20
  • Tax Lot: 83
  • Tax Tract Number: 4251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 29, 2020
Sold by
Fortune Weavers Inc
Bought by
Leta Workalem T and Tesfay Rahel W
Seller's Agent
Lien Pham
Fortune Weavers Realty Inc.
Buyer's Agent
Jim Chin Chang
Jim Chang Company
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Current Estimated Value
$672,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,656
Avg. Annual Appreciation
7.36%
Original Mortgage
$360,000
Outstanding Balance
$319,479
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$353,177

Purchase Details

Listed on
Dec 11, 2017
Closed on
Dec 13, 2017
Sold by
Castro Jesus
Bought by
Fortune Weavers Inc
Seller's Agent
Rosy Vera
Amberwood Real Estate
Buyer's Agent
Rosy Vera
Amberwood Real Estate
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.03%

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Rios Juventino M
Bought by
Castro Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.21%
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
Leta Workalem T $450,000 Fidelity National Title
Fortune Weavers Inc $290,000 Orange Coast Title Company
Tegel -- --
Castro Jesus $140,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leta Workalem T $360,000
Previous Owner Tegel --
Previous Owner Castro Jesus $112,000
Closed Castro Jesus $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2020 02/19/20 Sold $450,000 +3.4% $428 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $435,000 +50.0% $413 / Sq Ft
01/05/2018 01/05/18 Sold $290,000 0.0% $276 / Sq Ft View Prior Sale
12/13/2017 12/13/17 Pending -- -- --
12/11/2017 12/11/17 For Sale $290,000 -- $276 / 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 $6,044 $492,136 $393,710 $98,426
2024 $6,044 $482,488 $385,991 $96,497
2023 $5,929 $473,028 $378,423 $94,605
2022 $5,656 $463,753 $371,003 $92,750
2021 $5,586 $454,661 $363,729 $90,932
2020 $3,948 $309,016 $260,100 $48,916
2019 $3,713 $295,800 $255,000 $40,800
2018 $2,364 $181,756 $142,163 $39,593
2016 $2,253 $174,700 $136,644 $38,056
2015 $2,222 $172,077 $134,592 $37,485
2014 $2,238 $168,707 $131,956 $36,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19265586

California Regional Multiple Listing Service (CRMLS)

APN: 7426-023-004