NOT LISTED FOR SALE

1940 Orchard Ave Los Angeles, CA 90007

Pico-Union Neighborhood

Estimated Value: $514,003 - $752,000

1 Bed
1 Bath
762 Sq Ft
$795/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $164,000 $215 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $3,489/month

104 Days on Market

Highlights

  • Traditional Architecture
  • Views
  • Tile Flooring
  • Detached Garage
  • Living Room
  • 1-Story Property

About This Home

As of October 2012

FNMA Owned - Just Listed! 1940 Orchard Ave, Los Angeles, Ca 90007 - Property features 2bd/1ba, living room and dining area, laundry room inside and a small driveway with no garage. Property will be sold in as-is condition, seller will not make any repairs. Property is subject to a First Look marketing period. Prospective buyer to verify all information. Buyer(s) to do own investigations and inspections to fully satisfy themselves including all building permits. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing. "The seller has directed that all offers on this listing must be made online in HomePath.com. Please see private remarks for showing/offer submission instructions. All contact/offers are subject to Fannie Mae approval or any offers or counter offers by Fannie Mae are not binding unless the entire agreement is ratified by all parties.

Last Agent to Sell the Property

Jacqueline Valenzuela

J Valen Real Estate Group License #01993360 Listed on: 03/16/2012

Last Buyer's Agent

ANDREA VAN SOEST

License #01505854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,576

Year Built

  • Built in 1901

Lot Details

  • 3,014 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 762 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5056-026-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,576

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 762
  • Stories: 1
  • Year Built: 1901
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Tile
  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 222.97

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5056-026-027
  • Lot Size Area: 3014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2012
Sold by
Federal National Mortgage Association
Bought by
Aispuro Magdalena
Current Estimated Value
$605,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,740
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2011
Sold by
Deflores Micaela Robles
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 27, 2010
Sold by
Deflores Micaela Robles
Bought by
Zepeda David and The Kenneth & Fran Gilbert & Tom & Linda

Purchase Details

Closed on
Jan 9, 2007
Sold by
Avila Agustin D
Bought by
Deflores Micaela Robles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2004
Sold by
Avila Agustin D
Bought by
Avila Agustin D and Robles Michaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1998
Sold by
Gomez Maria G
Bought by
Avila Agustine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1998
Sold by
Robles Micaela
Bought by
Avila Agustine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1994
Sold by
Diaz Agustin Avila
Bought by
Gomez Maria Teresa and Ortiz Maria Gomez

Purchase Details

Closed on
Oct 4, 1993
Sold by
Gomez Maria Teresa
Bought by
Diaz Agustin Avila
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
Aispuro Magdalena $164,000 None Available
Federal National Mortgage Association $132,100 Stewart Title
Zepeda David -- None Available
Deflores Micaela Robles -- Alliance Title Company
Avila Agustin D -- First American Title Company
Avila Agustine D -- --
Avila Agustine D -- Fidelity National Title Ins
Gomez Maria Teresa -- --
Diaz Agustin Avila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aispuro Magdalena $156,740
Previous Owner Deflores Micaela Robles $280,000
Previous Owner Deflores Micaela Robles $220,000
Previous Owner Avila Agustin D $130,000
Previous Owner Avila Agustine D $65,000
Previous Owner Avila Agustine D $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $164,000 -3.5% $215 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
06/04/2012 06/04/12 Price Changed $169,900 -8.1% $223 / Sq Ft
04/18/2012 04/18/12 Price Changed $184,900 -5.1% $243 / Sq Ft
03/16/2012 03/16/12 For Sale $194,900 -- $256 / 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 $2,576 $201,942 $161,557 $40,385
2024 $2,576 $197,984 $158,390 $39,594
2023 $2,532 $194,103 $155,285 $38,818
2022 $2,422 $190,298 $152,241 $38,057
2021 $2,388 $186,567 $149,256 $37,311
2019 $2,320 $181,035 $144,830 $36,205
2018 $2,260 $177,487 $141,991 $35,496
2016 $2,160 $170,596 $136,478 $34,118
2015 $2,129 $168,034 $134,428 $33,606
2014 $2,146 $164,743 $131,795 $32,948
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jacqueline Valenzuela

    J Valen Real Estate Group

    Section Image

  • A

    Buyer's Agent in 2012

    ANDREA VAN SOEST

  • H

    Buyer's Agent in 2012

    Hugo Con

See All Agents

Map

Source: The MLS

MLS Number: 12-588433

The MLS

APN: 5056-026-027

California Los Angeles County Los Angeles 90007 Pico-Union

1940 Orchard Ave, Los Angeles, CA

This home is located at 1940 Orchard Ave, Los Angeles, CA 90007 since 16 March 2012 and is currently estimated at $605,501, approximately $794 per square foot. This property was built in 1901. 1940 Orchard Ave is a home located in Los Angeles County with nearby schools including John Adams Middle School, West Adams Preparatory High School, and Camino Nuevo Elementary #3.

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