NOT LISTED FOR SALE

1838 W Martin Luther King jr Blvd Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $774,786 - $903,000

3 Beds
1.5 Baths
1,593 Sq Ft
$523/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $157,000 $99 Per Sq Ft

Est. 431% increase in value since last sale

Current estimated payment $4,742/month

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Fireplace in Kitchen
  • Formal Dining Room
  • Central Air

About This Home

As of March 2012

Price Reduced!! Well built house on Martin Luther King Blvd. Price is perfect for a first time homebuyer. House is in foreclosure. There is a storage unit in the back of the house. There is also a nice sized yard for animal lovers. You can even have a vegetable garden if you so desire. Kitchen was recently updated. There were no observed major repairs that needs to be done. Come make this your home. It is close to everything. Public records state one bedroom but there is a 1/2 bathroom also. No knowledge of permits. Buyer to verify.

Last Agent to Sell the Property

Carmen King

Allison James Estates & Homes License #01084912 Listed on: 10/27/2011

Allison James Estates & Homes

Last Buyer's Agent

CARY SHANE KARNS

UNITED REALTY GROUP License #01353516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 1921

Lot Details

  • 5,608 Sq Ft Lot
  • Lot Dimensions are 45 x 124
  • Chain Link Fence
  • Property is zoned Lard5

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 1,593 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 22 / 54
  • Tax Tract Number 2315
  • Assessor Parcel Number 5022001022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,589

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: Lard5
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5022001022
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1593.00
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Separated
  • Fireplace Features: Dining Room, Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 98.56
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range, Refrigerator
  • Heating Type: Natural Gas
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size: 45 x 124
  • Lot Size Sq Ft: 5608.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5608.0000 Square Feet

Tax Info

  • Tax Block: 54
  • Tax Lot: 22
  • Tax Tract Number: 2315.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2012
Sold by
Jack Rockman Llc
Bought by
Torres Manuel and Torres Juana Serrano
Current Estimated Value
$832,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,100
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2011
Closed on
Mar 27, 2012
Sold by
Metro Capital Management Holdings I Llc
Bought by
Jack Rockman Llc
Seller's Agent
Carmen King
Allison James Estates & Homes
Buyer's Agent
CARY SHANE KARNS
UNITED REALTY GROUP
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%

Purchase Details

Listed on
Oct 27, 2011
Closed on
Mar 3, 2012
Sold by
Romero Juan R
Bought by
Metro Capital Management Holdings I Llc
Seller's Agent
Carmen King
Allison James Estates & Homes
Buyer's Agent
CARY SHANE KARNS
UNITED REALTY GROUP
Sold Price
$157,000

Purchase Details

Closed on
Apr 11, 2003
Sold by
Romero Elizabeth
Bought by
Romero Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
5.54%

Purchase Details

Closed on
Jul 25, 2000
Sold by
Romero Juan R
Bought by
Romero Juan R and Romero Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
8.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 15, 2000
Sold by
Federal National Mortgage Association
Bought by
Romero Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,036
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2000
Sold by
Romero Elizabeth
Bought by
Romero Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,036
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1999
Sold by
Miller Sheran Daphne R
Bought by
Nationsbanc Mtg Corp

Purchase Details

Closed on
Jun 29, 1999
Sold by
Nationsbanc Mtg Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 13, 1994
Sold by
Taylor Ramona P
Bought by
Miller Sheran Daphne Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
9.1%

Purchase Details

Closed on
Nov 26, 1994
Sold by
Sheran Errol
Bought by
Miller Sheran Daphne Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
9.1%
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
Torres Manuel $299,000 Fidelity Van Nuys
Jack Rockman Llc -- Provident Title Company
Metro Capital Management Holdings I Llc $157,000 First American Title Company
Romero Juan R -- United Title Company
Romero Juan R -- Southland Title Corporation
Romero Juan R $145,000 Fidelity Title
Romero Juan R -- Fidelity Title
Nationsbanc Mtg Corp $135,150 --
Federal National Mortgage Association -- --
Miller Sheran Daphne Ruth $142,000 Gateway Title
Miller Sheran Daphne Ruth -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Manuel $269,100
Previous Owner Romero Juan R $189,600
Previous Owner Romero Juan R $26,000
Previous Owner Romero Juan R $144,036
Previous Owner Miller Sheran Daphne Ruth $134,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2012 03/29/12 Sold $157,000 -- $99 / Sq Ft
10/27/2011 10/27/11 Pending -- -- --
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 $4,589 $368,185 $236,182 $132,003
2024 $4,589 $360,966 $231,551 $129,415
2023 $4,507 $353,889 $227,011 $126,878
2022 $4,308 $346,951 $222,560 $124,391
2021 $4,246 $340,149 $218,197 $121,952
2019 $4,122 $330,062 $211,726 $118,336
2018 $4,066 $323,591 $207,575 $116,016
2016 $3,880 $311,027 $199,515 $111,512
2015 $3,824 $306,356 $196,519 $109,837
2014 $3,844 $300,356 $192,670 $107,686
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carmen King

    Allison James Estates & Homes

    Section Image

  • C

    Buyer's Agent in 2012

    CARY SHANE KARNS

    UNITED REALTY GROUP

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11132959

California Regional Multiple Listing Service (CRMLS)

APN: 5022-001-022

California Los Angeles County Los Angeles 90062 Vermont Square

1838 W Martin Luther King jr Blvd, Los Angeles, CA

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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

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