NOT LISTED FOR SALE

1721 Lakme Ave Wilmington, CA 90744

Estimated Value: $602,064 - $780,000

2 Beds
1 Bath
857 Sq Ft
$824/Sq Ft Est. Value

Last Sold August 26, 2013

Last sale price $290,000 $338 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,415/month

11 Days on Market

Highlights

  • Wood Flooring
  • Family Room Off Kitchen
  • Bungalow
  • No HOA
  • Laundry Room
  • Floor Furnace

About This Home

As of August 2013

Wilmington house with a lot to offer! The house has been professionally renovated. Hardwood Floors. Tile is in kitchen, bathrooms, and laundry room. This property has a large backyard with the security gate between the garage and the street. Looking at the pictures does not do the property justice. Please schedule an appointment to see it in person. Walking distance to Banning High School, Parks, and Shopping.

Last Agent to Sell the Property

Kurt Steffien

Realty Discount Corporation License #01846666 Listed on: 06/15/2013

Co-Listed By

Felix Hung

Real Broker License #01876487

Last Buyer's Agent

William Awty

William Awty License #01127972

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,836

Year Built

  • Built in 1952

Lot Details

  • 5,402 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 857 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 186
  • Tax Tract Number 1934
  • Assessor Parcel Number 7422012009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,836

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7422012009
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 857.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Levels: One
  • Price Per Square Foot: 338.39
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5402.00
  • Lot Size Acres: 0.1240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5402.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 186
  • Tax Tract Number: 1934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2013
Closed on
Jun 28, 2013
Sold by
Watson Michael
Bought by
Arteaga Jose Cruz Huizar and Ramos Irene Huizar
Seller's Agent
Kurt Steffien
Realty Discount Corporation
Buyer's Agent
William Awty
William Awty
List Price
$269,900
Sold Price
$290,000
Premium/Discount to List
$20,100
7.45%
Current Estimated Value
$705,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,766
Avg. Annual Appreciation
7.44%
Original Mortgage
$190,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2013
Closed on
Jun 27, 2013
Sold by
Watson Susan E
Bought by
Watson Michael
Seller's Agent
Kurt Steffien
Realty Discount Corporation
Buyer's Agent
William Awty
William Awty
List Price
$269,900
Sold Price
$290,000
Premium/Discount to List
$20,100
7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2001
Sold by
Watson Wilburn R and Estate Of Dorothy Watson
Bought by
Watson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.99%
Mortgage Type
Unknown
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
Arteaga Jose Cruz Huizar $290,000 Wfg Title Company Of Ca
Watson Michael -- Wfg Title Company Of Ca
Watson Michael -- California Counties Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arteaga Jose Cruz Huizar $190,000
Previous Owner Watson Michael $30,000
Previous Owner Watson Michael $141,645
Previous Owner Watson Michael $160,000
Previous Owner Watson Michael $136,000
Previous Owner Watson Mike $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2013 08/26/13 Sold $290,000 +7.4% $338 / Sq Ft
06/15/2013 06/15/13 For Sale $269,900 -- $315 / 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 $6,836 $560,410 $236,341 $324,069
2024 $6,836 $549,422 $231,707 $317,715
2023 $6,706 $538,650 $227,164 $311,486
2022 $6,396 $528,089 $222,710 $305,379
2021 $6,311 $517,736 $218,344 $299,392
2020 $6,371 $512,429 $216,106 $296,323
2019 $557 $424,682 $211,869 $212,813
2018 $3,835 $312,434 $207,715 $104,719
2016 $3,662 $300,303 $199,650 $100,653
2015 $3,608 $295,794 $196,652 $99,142
2014 $3,626 $290,000 $192,800 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13114883

California Regional Multiple Listing Service (CRMLS)

APN: 7422-012-009