NOT LISTED FOR SALE

Estimated Value: $832,000 - $957,000

6 Beds
6 Baths
2,707 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 18, 2012

Last sale price $250,000 $92 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $5,184/month

1 Day on Market

About This Home

As of October 2012

This home is located at 1653 W 38th Place Unit 4, Los Angeles, CA 90062 since 21 May 2012 and is currently estimated at $892,667, approximately $329 per square foot. This property was built in 1922. 1653 W 38th Place Unit 4 is a home located in Los Angeles County with nearby schools including Martin Luther King Jr. Elementary School, Manual Arts Senior High School, and KIPP Scholar Academy.

Last Agent to Sell the Property

Barbara White

Express Financial Services License #01213855 Listed on: 05/21/2012

Last Buyer's Agent

Barbara White

Express Financial Services License #01213855 Listed on: 05/21/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,039

Year Built

  • Built in 1922

Lot Details

  • 5,411 Sq Ft Lot

Home Design

  • 2,707 Sq Ft Home
  • Bungalow
  • Composition Roof

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water
  • Assessor Parcel Number 5035-031-035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,039

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2707
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 92.35

Exterior Features

  • Construction: Frame
  • Pool: No
  • Roof: Composition

Utilities

  • Heating: Wall
  • Sewer: In Street
  • Water Expense: 250.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 58.00
  • Maintenance Expense: 60.00

Lot Info

  • Assessed Improvement Value: 100000
  • Assessed Land Value: 300000
  • Assessor Parcel Number: 5035-031-035
  • Lot Size Area: 5411

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 8.83
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: apts

Tax Info

  • Tax Expense: 365.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2013
Sold by
Asulin Sharon
Bought by
Gonzalez Guillermo and Gonzalez Ana M
Current Estimated Value
$892,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$190,100
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$702,567

Purchase Details

Listed on
May 21, 2012
Closed on
Sep 20, 2012
Sold by
Abetianbe Marykate
Bought by
Asulin Sharon
Seller's Agent
Barbara White
Express Financial Services
Buyer's Agent
Barbara White
Express Financial Services
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Nov 27, 2009
Sold by
Abetianbe Marykate
Bought by
Glazer Asaf

Purchase Details

Closed on
Jun 25, 2007
Sold by
Inyang Ambrose O
Bought by
Abetianbe Marykate

Purchase Details

Closed on
Mar 27, 2002
Sold by
Rmc Realty Inc
Bought by
Abetianbe Marykate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,751
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Rmc Realty

Purchase Details

Closed on
Nov 21, 2000
Sold by
Sicam Ferdinand P
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Sep 3, 1998
Sold by
Silverado Holdings Inc
Bought by
Sicam Ferdinand P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
9.49%

Purchase Details

Closed on
Mar 18, 1998
Sold by
Gomez Cynthia
Bought by
Silverado Holdings Inc

Purchase Details

Closed on
Jun 25, 1997
Sold by
Jackson B T Tr B T Jackson Trust
Bought by
Gomez Cyhthia
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
Gonzalez Guillermo $360,000 Western Resources Title Co
Asulin Sharon $250,000 None Available
Glazer Asaf $38,000 None Available
Abetianbe Marykate -- None Available
Abetianbe Marykate $275,000 Chicago Title
Rmc Realty -- Chicago Title
Chase Manhattan Mtg Corp $240,000 North American Title Co
Sicam Ferdinand P -- First Southwestern Title Co
Silverado Holdings Inc -- --
Gomez Cyhthia -- Provident Title
Gomez Cynthia -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Guillermo $270,000
Previous Owner Abetianbe Marykate $270,751
Previous Owner Sicam Ferdinand P $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2012 10/18/12 Sold $250,000 0.0% $92 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $250,000 -- $92 / Sq Ft
Source: The MLS

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 $6,039 $443,303 $320,165 $123,138
2024 $6,039 $434,612 $313,888 $120,724
2023 $5,939 $426,091 $307,734 $118,357
2022 $5,696 $417,737 $301,700 $116,037
2021 $5,616 $409,547 $295,785 $113,762
2019 $5,467 $397,402 $287,013 $110,389
2018 $5,367 $389,611 $281,386 $108,225
2016 $5,084 $374,483 $270,460 $104,023
2015 $5,017 $368,859 $266,398 $102,461
2014 $5,060 $361,634 $261,180 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-601723

The MLS

APN: 5035-031-035