NOT LISTED FOR SALE

16429 Horst Ave Norwalk, CA 90650

Estimated Value: $666,000 - $837,000

2 Beds
1 Bath
624 Sq Ft
$1,163/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $265,000 $425 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $4,500/month

64 Days on Market

About This Home

As of November 2015

Fixer property! Total lot size is approx. 90' X 89.8' including 2nd parcel. INVESTORS wanted for Great Profit for Total Renovation with Extension for Quick Profit. Permitted storage behind garage(but unpermitted kitchen, full bathroom, 2 rooms inside of storage). Seller will accept "CASH OFFER" only and 10 days Escrow.
Seller will provide copy of city violation from previous owner . (NORWALK CITY is not allowed to give permit for two house.)(Please don't go to NORWALK CITY about permit for two house) "Thank you"

Last Agent to Sell the Property

Kevin Lee

Timing Realty Group Inc License #01446144 Listed on: 10/23/2015

Last Buyer's Agent

Aaron Mejia

Christie's Int. R.E. SoCal License #01896881

Christie's Int. R.E. SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,404

Year Built

  • Built in 1947

Lot Details

  • 8,000 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 624 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7011027002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,404

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7011027002
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 624.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 424.68
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8000.00
  • Price Per Lot Square Foot: 33.12
  • Lot Size Acres: 0.1840

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8000.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 9, 2015
Sold by
Chong Jay Bok
Bought by
Gabaizadeh Payam
Seller's Agent
Kevin Lee
Timing Realty Group Inc
Buyer's Agent
Aaron Mejia
Christie's Int. R.E. SoCal
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Current Estimated Value
$725,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,939
Avg. Annual Appreciation
10.65%

Purchase Details

Listed on
Dec 9, 2013
Closed on
Jul 20, 2015
Sold by
Hwang Young E
Bought by
Chong Jay Bok
Seller's Agent
Kevin Lee
Timing Realty Group Inc
Buyer's Agent
Sang Park
Timing Realty Group
List Price
$185,000
Sold Price
$200,000
Premium/Discount to List
$15,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.90%

Purchase Details

Closed on
Feb 20, 2007
Sold by
Kwon Youn
Bought by
Hwang Young E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Garcia Raymond A and Garza Gloria
Bought by
Garcia Raymond A and Garcia Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Garcia Raymond A and Garcia Gloria
Bought by
Garcia Raymond A and Garcia Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1994
Sold by
Garcia Raymond A and Garza Gloria
Bought by
Garcia Raymond A and Garza Gloria
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
Gabaizadeh Payam $285,000 Title 365
Chong Jay Bok $200,000 Title 365
Hwang Young E -- Orange Coast Title
Hwang Young E $385,000 Orange Coast Title
Garcia Raymond A -- Diversified Title & Escrow S
Garcia Raymond A -- Fidelity National Financial
Garcia Raymond A -- First American Title Company
Garcia Raymond A -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hwang Young E $288,750
Previous Owner Garcia Raymond A $279,000
Previous Owner Garcia Raymond A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2015 11/13/15 Sold $265,000 -5.0% $425 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
10/21/2015 10/21/15 Price Changed $279,000 -3.5% $447 / Sq Ft
10/07/2015 10/07/15 For Sale $289,000 0.0% $463 / Sq Ft
09/25/2015 09/25/15 For Sale $289,000 0.0% $463 / Sq Ft
09/25/2015 09/25/15 Price Changed $289,000 -2.0% $463 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $295,000 +47.5% $473 / Sq Ft
07/31/2015 07/31/15 Sold $200,000 0.0% $321 / Sq Ft View Prior Sale
10/29/2014 10/29/14 Pending -- -- --
07/08/2014 07/08/14 Off Market $200,000 -- --
12/09/2013 12/09/13 For Sale $185,000 -- $296 / 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 $8,404 $676,260 $520,200 $156,060
2024 $8,404 $663,000 $510,000 $153,000
2023 $3,801 $284,337 $169,275 $115,062
2022 $3,735 $165,956 $165,956 $0
2021 $2,374 $162,702 $162,702 $0
2019 $2,089 $157,877 $157,877 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kevin Lee

    Timing Realty Group Inc

    Section Image

  • A

    Buyer's Agent in 2015

    Aaron Mejia

    Christie's Int. R.E. SoCal

    Section Image

  • S

    Buyer's Agent in 2015

    Sang Park

    Timing Realty Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15196597

California Regional Multiple Listing Service (CRMLS)

APN: 7011-027-044

California Los Angeles County Norwalk 90650

16429 Horst Ave, Norwalk, CA

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