NOT LISTED FOR SALE

Estimated Value: $1,039,000 - $1,447,000

2 Beds
1 Bath
804 Sq Ft
$1,466/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $300,000 $373 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $7,389/month

15 Days on Market

About This Home

As of July 2016

This is a Single-Family Home located at 1640 West 56th Street, Los Angeles, CA. 1640 W 56th St has 2 beds, 1 bath, and approximately 804 square feet. The property was built in 1921. REO. Auction. Agents see private remarks.

Last Agent to Sell the Property

Phil Boroda

Coldwell Banker Realty License #00822192 Listed on: 06/22/2016

Coldwell Banker Realty

Co-Listed By

Richard Hartzler

Coldwell Banker Realty License #00907499

Last Buyer's Agent

Emmanuel Padilla

eXp Realty of California Inc. License #01344769

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,254

Year Built

  • Built in 1921

Lot Details

  • 4,979 Sq Ft Lot

Interior Spaces

  • 804 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5003027028

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,254

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5003027028
  • Year Built: 1921
  • Special Features: Auction

Interior Features

  • Fireplace: No
  • Living Area: 804.00
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 373.13
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4979.00
  • Price Per Lot Square Foot: 60.25

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2017
Sold by
Ocean Development Inc
Bought by
Kang Scott and Yoon Hye Jin
Current Estimated Value
$1,178,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jul 14, 2016
Sold by
Deutsche Bank Trust Company Americas
Bought by
Ocean Development Inc
Seller's Agent
Phil Boroda
Coldwell Banker Realty
Buyer's Agent
Emmanuel Padilla
eXp Realty of California Inc.
List Price
$305,900
Sold Price
$300,000
Premium/Discount to List
-$5,900
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
Original Mortgage
$152,000
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jun 8, 2016
Sold by
Green Clara
Bought by
Deutsche Bank Trust Company Americas
Seller's Agent
Phil Boroda
Coldwell Banker Realty
Buyer's Agent
Emmanuel Padilla
eXp Realty of California Inc.
List Price
$305,900
Sold Price
$300,000
Premium/Discount to List
-$5,900
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2014
Sold by
Green Clara
Bought by
Cox Harriet

Purchase Details

Closed on
Oct 18, 2002
Sold by
Green Clara
Bought by
Green Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.09%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Jefferson Therma
Bought by
Green Clara B

Purchase Details

Closed on
Dec 4, 1992
Sold by
Green Clara B
Bought by
Jefferson Therma Lee
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
Kang Scott $795,000 Lawyers Title La
Ocean Development Inc $315,000 Lawyers Title
Deutsche Bank Trust Company Americas $315,731 Title365
Cox Harriet -- None Available
Green Clara -- First American Title Co
Green Clara -- First American Title Co
Green Clara B -- --
Jefferson Therma Lee -- --
Green Clara B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Scott $543,000
Previous Owner Ocean Development Inc $152,000
Previous Owner Ocean Development Inc $433,000
Previous Owner Green Clara $339,000
Previous Owner Green Clara $315,000
Previous Owner Green Clara $258,000
Previous Owner Green Clara $426,000
Previous Owner Green Clara $150,000
Previous Owner Green Clara $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $300,000 -1.9% $373 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $305,900 -- $380 / 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 $11,254 $922,661 $586,094 $336,567
2024 $11,254 $904,570 $574,602 $329,968
2023 $11,042 $886,835 $563,336 $323,499
2022 $10,536 $869,447 $552,291 $317,156
2021 $10,388 $852,400 $541,462 $310,938
2019 $10,079 $827,118 $525,402 $301,716
2018 $9,860 $810,900 $515,100 $295,800
2016 $2,840 $225,745 $135,447 $90,298
2015 $2,800 $222,355 $133,413 $88,942
2014 $2,060 $162,677 $114,479 $48,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16136443

California Regional Multiple Listing Service (CRMLS)

APN: 5003-027-028