NOT LISTED FOR SALE

1641 E 51st St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $688,998 - $784,000

4 Beds
2 Baths
1,778 Sq Ft
$410/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $195,000 $110 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $4,087/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Siding
  • No Heating

About This Home

As of March 2012

This is a Fannie Mae HomePath property. Don't miss this one! Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing. Two units in one building. Live in one, and rent out the other! This income property features two units, each has 2-bedrooms and one full bath. The property has ceramic tile flooring, and carpeting in each of the bedrooms. It has a large back lot. The property needs some TLC, so it could be the ideal project for the handyman. This is a newer building, built in the 1990's. Call us today for more information on this great opportunity! Buyer to verify all information

Last Agent to Sell the Property

George Gusman

Century 21 Allstars License #01112083 Listed on: 01/20/2012

Century 21 Allstars

Last Buyer's Agent

Sarah Lin

Castle Realty Homes License #01485177

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,217

Year Built

  • Built in 1991

Lot Details

  • 4,269

Parking

  • 2 Parking Spaces

Home Design

  • 1,778 Sq Ft Home
  • Contemporary Architecture
  • Wood Siding
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 5106024023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $5,719

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,217

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5106024023
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 109.67

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Tax Info

  • New Taxes Expense: 5719.00
  • Tax Lot: 49
  • Tax Tract Number: 0000

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2012
Closed on
Feb 10, 2012
Sold by
Federal National Mortgage Association
Bought by
Montellano Luis
Seller's Agent
George Gusman
Century 21 Allstars
Buyer's Agent
Sarah Lin
Castle Realty Homes
List Price
$184,900
Sold Price
$195,000
Premium/Discount to List
$10,100
5.46%
Current Estimated Value
$729,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,750
Avg. Annual Appreciation
10.17%
Original Mortgage
$190,056
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2011
Sold by
Rodas Juana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 15, 2010
Sold by
Rodas Juana
Bought by
Rodas Juana and Rodas Rudy Marcelo

Purchase Details

Closed on
Mar 23, 2005
Sold by
Martin Breanne
Bought by
Rodas Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Ramirez Jesus
Bought by
Martin Breanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2002
Sold by
Martin Maria G
Bought by
Ramirez Jesus and Ramirez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
7%

Purchase Details

Closed on
Jun 14, 2002
Sold by
Martin J Abel
Bought by
Martin Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.74%

Purchase Details

Closed on
May 13, 2002
Sold by
Rivera Elsa
Bought by
Martin Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.74%

Purchase Details

Closed on
Mar 1, 2002
Sold by
Bank Of New York Cwabs
Bought by
Rivera Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
7.25%

Purchase Details

Closed on
Sep 12, 2001
Sold by
Moreno Jose
Bought by
Bank Of New York Cwabs and Servicing & Pooling Agreement Series #00

Purchase Details

Closed on
Jan 29, 2000
Sold by
Moreno Jose
Bought by
Moreno Jose and Moreno Esmeralda

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
7.96%

Purchase Details

Closed on
Sep 10, 1997
Sold by
Moreno Jose and Moreno Maria
Bought by
Moreno Jose and Moreno Esmeralda
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Montellano Luis $195,000 Servicelink
Federal National Mortgage Association $490,011 None Available
Rodas Juana -- None Available
Rodas Juana $450,000 Chicago Title Co
Martin Breanne $330,000 Fidelity Van Nuys
Ramirez Jesus $235,000 Commonwealth Title Co
Martin Maria G -- Landsafe Title Company
Martin Maria G $175,000 Landsafe Title Company
Rivera Elsa $143,500 Landsafe Title
Bank Of New York Cwabs $165,264 Landsafe Title
Moreno Jose -- Fidelity National Title
Moreno Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montellano Luis $190,056
Previous Owner Rodas Juana $336,000
Previous Owner Martin Breanne $264,000
Previous Owner Ramirez Jesus $227,950
Previous Owner Martin Maria G $168,000
Previous Owner Rivera Elsa $114,800
Previous Owner Moreno Jose $152,000
Closed Moreno Jose $38,000
Closed Martin Maria G $9,200
Closed Martin Breanne $66,000
Closed Rodas Juana $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $195,000 +5.5% $110 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $184,900 -- $104 / 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 $3,217 $244,918 $138,159 $106,759
2024 $3,217 $240,116 $135,450 $104,666
2023 $3,160 $235,409 $132,795 $102,614
2022 $3,020 $230,794 $130,192 $100,602
2021 $2,976 $226,270 $127,640 $98,630
2019 $2,892 $219,560 $123,855 $95,705
2018 $2,808 $215,256 $121,427 $93,829
2016 $2,669 $206,900 $116,713 $90,187
2015 $2,633 $203,793 $114,960 $88,833
2014 $2,653 $199,802 $112,709 $87,093
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    George Gusman

    Century 21 Allstars

    (562) 806-8030

    2 Total Sales

    George Gusman
    Section Image
  • Sarah Lin

    Buyer's Agent in 2012

    Sarah Lin

    Castle Realty Homes

    (562) 307-2296

    30 Total Sales

    Sarah Lin
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1200422

California Regional Multiple Listing Service (CRMLS)

APN: 5106-024-023

California Los Angeles County Los Angeles 90011 Central Alameda

1641 E 51st St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes