NOT LISTED FOR SALE

1723 E 111th Place Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $515,000 - $610,731

2 Beds
1 Bath
942 Sq Ft
$597/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $209,900 $223 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,266/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Detached Carport Space
  • Wood Flooring
  • Laundry Room
  • 5-minute walk to Watts Serenity Park

About This Home

As of May 2013

Fully rehabilitated energy efficient home developed by RNLA with NSP funding through City of LA. Must meet income limits to purchase. Affordable financing home through Los Angeles Housing Department. The property has been upgraded with new hardwood and tiled flooring, windows, a tank-less water heater, electrical, plumbing, and fresh paint. Enter through the living room and continue straight on to the kitchen, equipped with new cabinets and granite countertops. Master bedroom features an en-suite bathroom. Home is surrounded by new stucco, landscaping and a fence. Property being used as a 3 bedroom/2 bathroom home, seller has permits for third bedroom and second bathroom.

Last Agent to Sell the Property

Orit Gadish

Geffen Real Estate License #01505675 Listed on: 02/12/2013

Co-Listed By

David Gadish

Geffen Real Estate License #01824121

Last Buyer's Agent

Lorena Sarco

Capstone Realty Group Inc. License #01705384

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,437

Year Built

  • Built in 1914

Lot Details

  • 6,522 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • Detached Carport Space

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 6069-015-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,437

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 942
  • Stories: 1
  • Year Built: 1914
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 222.82

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 6069-015-001
  • Geocode Override: No
  • Lot Size Area: 6522

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2013
Closed on
Mar 11, 2013
Sold by
Restore Neighborhood L A Inc
Bought by
Carter Almeta
Seller's Agent
Orit Gadish
Geffen Real Estate
Buyer's Agent
Lorena Sarco
Capstone Realty Group Inc.
List Price
$209,900
Sold Price
$209,900
Current Estimated Value
$561,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,033
Avg. Annual Appreciation
8.24%
Original Mortgage
$155,801
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2011
Sold by
Federal National Mortgage Association
Bought by
Restore Neighborhoods La Inc

Purchase Details

Closed on
Mar 11, 2011
Sold by
Celis Jose Oscar
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 18, 2008
Sold by
Lopez Daysi M
Bought by
Celis Jose Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2007
Sold by
Celis Jose Oscar
Bought by
Celis Jose Oscar and Celis Daisy

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
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2000
Sold by
Lopez Daysi
Bought by
Celis Jose Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,653
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2000
Sold by
Cr Cousins Benefit Pension Trust
Bought by
Celis Jose Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,653
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 1999
Sold by
Duran Robert
Bought by
Cr Cousins Benefit Pension Trust and Glendale Federal Bank

Purchase Details

Closed on
Dec 15, 1997
Sold by
Duran Robert
Bought by
Ochoa Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.19%

Purchase Details

Closed on
Nov 19, 1997
Sold by
Ba Properties Inc
Bought by
Duran Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.19%

Purchase Details

Closed on
Sep 18, 1997
Sold by
Federal National Mortgage Association
Bought by
Ba Properties Inc

Purchase Details

Closed on
Mar 28, 1997
Sold by
Reynoso Cecilio and Reynoso Guillermina
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 29, 1996
Sold by
Alvarez Albertano
Bought by
Reynoso Cecilio and Reynoso Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

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Average Value
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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
Carter Almeta $210,000 Wfg Title Company Of Ca
Restore Neighborhoods La Inc $119,000 Lawyers Title Company
Federal National Mortgage Association $368,069 None Available
Celis Jose Oscar -- Nations Title Company Of Ca
Celis Jose Oscar -- Ticor Title Company
Celis Jose Oscar -- Fidelity Title
Celis Jose Oscar $103,500 Fidelity Title
Cr Cousins Benefit Pension Trust $77,460 Chicago Title
Ochoa Steven -- --
Duran Robert $70,000 First American Title Co
Ba Properties Inc -- Fidelity National Title Ins
Federal National Mortgage Association $80,000 Fidelity National Title Ins
Reynoso Cecilio -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Almeta $155,801
Previous Owner Celis Jose Oscar $318,400
Previous Owner Celis Jose Oscar $264,000
Previous Owner Celis Jose Oscar $102,653
Previous Owner Duran Robert $75,000
Previous Owner Reynoso Cecilio $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $209,900 0.0% $223 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $209,900 0.0% $223 / Sq Ft
02/12/2013 02/12/13 Off Market $209,900 -- --
02/12/2013 02/12/13 For Sale $209,900 -- $223 / 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 $3,437 $258,583 $67,966 $190,617
2024 $3,437 $253,514 $66,634 $186,880
2023 $3,374 $248,544 $65,328 $183,216
2022 $3,227 $243,672 $64,048 $179,624
2021 $3,182 $238,895 $62,793 $176,102
2020 $3,207 $236,447 $62,150 $174,297
2019 $3,089 $231,812 $60,932 $170,880
2018 $3,009 $227,268 $59,738 $167,530
2016 $2,864 $218,445 $57,419 $161,026
2015 $2,820 $215,165 $56,557 $158,608
2014 $2,829 $210,952 $55,450 $155,502
Source: Public Records

Agents Affiliated with this Home

  • Orit Gadish

    Seller's Agent in 2013

    Orit Gadish

    Geffen Real Estate

    (323) 934-1430

    3 in this area

    71 Total Sales

    Orit Gadish
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    David Gadish

    Geffen Real Estate

    Section Image

  • L

    Buyer's Agent in 2013

    Lorena Sarco

    Capstone Realty Group Inc.

    (310) 922-2413

    Lorena Sarco
    Section Image
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Map

Source: The MLS

MLS Number: 13-651291

The MLS

APN: 6069-015-001

California Los Angeles County Los Angeles 90059 Watts

1723 E 111th Place, Los Angeles, CA

This home is located at 1723 E 111th Place, Los Angeles, CA 90059 since 12 February 2013 and is currently estimated at $561,933, approximately $596 per square foot. This property was built in 1914. 1723 E 111th Place is a home located in Los Angeles County with nearby schools including Lovelia P. Flournoy Elementary School, Edwin Markham Middle School, and Jordan High School.

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