NOT LISTED FOR SALE

Estimated Value: $524,000 - $711,000

2 Beds
1 Bath
720 Sq Ft
$880/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $335,000 $465 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,750/month

83 Days on Market

Highlights

  • Garage Apartment
  • Living Room
  • Bungalow
  • Abraham Lincoln High School Rated A
  • Laundry Room
  • Ceramic Tile Flooring

About This Home

As of March 2016

Back on the market! Fell out of escrow. Are you sick and tired of renting? Would you prefer a single family home to a condo, or an apartment? Own for the same price as renting. Wonderful home in the great up-and-coming community of Lincoln Heights. This charming 2 bedroom, 1 bath home is located close to transportation, Downtown Los Angeles, USC Health Science Campus, and Metro Lines. Trust sale-no confirmation needed. Termite report and completion will be provided. This home has a low maintenance yard which is perfect for drought conditions, walls that provide privacy, and a garage conversion (permit status not verified). Lots of plumbing is copper and updated. Kitchen has nice cabinets as well as tile flooring. Laundry room has washer/dryer hookups. Carport, as well as plenty of parking. You can try to go FHA (3.5% downpayment) or for veterans, the VA program with zero down. Snatch this great opportunity before someone else does.

Last Agent to Sell the Property

Richard Rede

RR Realty & Investments License #01095198 Listed on: 12/01/2015

Last Buyer's Agent

Heather Walker

License #01905395

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,852

Year Built

  • Built in 1892

Lot Details

  • 2,605 Sq Ft Lot
  • Property is zoned LARD2

Home Design

  • Bungalow

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 3 Parking Spaces
  • Attached Carport
  • Garage Apartment

Listing and Financial Details

  • Assessor Parcel Number 5447-031-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,852

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 720
  • Stories: 1
  • Year Built: 1892
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 458.19

Exterior Features

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

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 3

Lot Info

  • Assessor Parcel Number: 5447-031-025
  • Geocode Override: No
  • Lot Size Area: 2605

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2015
Closed on
Mar 26, 2016
Sold by
Ho Lung Chen
Bought by
Ho Sara B
Seller's Agent
Richard Rede
RR Realty & Investments
Buyer's Agent
Heather Walker
List Price
$329,900
Sold Price
$335,000
Premium/Discount to List
$5,100
1.55%
Current Estimated Value
$633,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,609
Avg. Annual Appreciation
6.18%
Original Mortgage
$318,250
Outstanding Balance
$253,267
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$337,939

Purchase Details

Listed on
Dec 1, 2015
Closed on
Mar 18, 2016
Sold by
Diaz Carlos
Bought by
Ho Michael and Ho Sara B
Seller's Agent
Richard Rede
RR Realty & Investments
Buyer's Agent
Heather Walker
List Price
$329,900
Sold Price
$335,000
Premium/Discount to List
$5,100
1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Outstanding Balance
$253,267
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$337,939

Purchase Details

Closed on
Nov 2, 2005
Sold by
Diaz Concepcion
Bought by
Diaz Concepcion and Diaz Living Trust
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
Ho Sara B -- None Available
Ho Michael $335,000 Title365 Company Wlv
Diaz Concepcion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Michael $318,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $335,000 +1.5% $465 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $329,900 0.0% $458 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $329,900 -- $458 / 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 $4,852 $396,565 $317,254 $79,311
2024 $4,852 $388,790 $311,034 $77,756
2023 $4,759 $381,168 $304,936 $76,232
2022 $4,538 $373,695 $298,957 $74,738
2021 $4,483 $366,369 $293,096 $73,273
2019 $4,349 $355,503 $284,403 $71,100
2018 $4,292 $348,533 $278,827 $69,706
2016 $4,018 $335,000 $265,000 $70,000
2015 $246 $18,510 $12,212 $6,298
2014 $254 $18,148 $11,973 $6,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-962623

The MLS

APN: 5447-031-025