NOT LISTED FOR SALE

237 E 38th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $730,000 - $877,477

6 Beds
2 Baths
1,942 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $192,000 $99 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $4,438/month

10 Days on Market

About This Home

As of July 2012

CONVENIENTLY LOCATED near downtown Los Angeles (and all its amenities) and the 110 Freeway. Property consists of two three bedroom/one bath houses located on a corner lot. Bank of America prequalification required on all offers, no exceptions unless cash offer. However, buyers may obtain financing from any source. Please allow 2-3 business days for seller response. Bank of America, N.A. employees, employee's household members and HTS business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly. Property listed in County records as 3772 Wall Street.

Last Agent to Sell the Property

Miley Taylor

Ben Grundy Real Estate License #00582893 Listed on: 06/01/2012

Last Buyer's Agent

Miley Taylor

Ben Grundy Real Estate License #00582893 Listed on: 06/01/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 4,352

Parking

  • 3 Parking Spaces

Home Design

  • 1,942 Sq Ft Home
  • Bungalow
  • Stucco

Additional Features

  • 4,352 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot F
  • Assessor Parcel Number 5121020029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $2,124

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5121020029
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 98.87

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4352.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lot Size Area: 4352.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 2124.00
  • Tax Area: 4
  • Tax Lot: F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2013
Sold by
Shark Investments Llc
Bought by
Tapia Leticia
Current Estimated Value
$768,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,103
Outstanding Balance
$237,116
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$545,503

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jun 18, 2012
Sold by
The Bank Of New York Mellon
Bought by
Shark Investments Llc
Seller's Agent
Miley Taylor
Ben Grundy Real Estate
Buyer's Agent
Miley Taylor
Ben Grundy Real Estate
List Price
$169,900
Sold Price
$192,000
Premium/Discount to List
$22,100
13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$160,650
Interest Rate
3.7%

Purchase Details

Closed on
May 12, 2011
Sold by
Montano Javier
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 3, 2008
Sold by
Montano Javier
Bought by
Montano Javier and Munoz Joel Perez

Purchase Details

Closed on
Jan 27, 2004
Sold by
Montano Concepcion
Bought by
Montano Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 1999
Sold by
Montano Javier and Delgadillo Francisco
Bought by
Montano Javier

Purchase Details

Closed on
Jan 9, 1997
Sold by
Duenas Catherine
Bought by
Montano Javier and Delgadillo Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,741
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1996
Sold by
Duenas Catherine and Duenas Carlos Edward
Bought by
Duenas Catherine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tapia Leticia $325,000 Landsafe Title Of Ca Inc
Shark Investments Llc $192,000 None Available
The Bank Of New York Mellon $188,000 None Available
Montano Javier -- None Available
Montano Javier -- First Southwestern Title Co
Montano Javier -- --
Montano Javier $148,000 --
Montano Javier -- --
Delgadillo Francisco -- --
Duenas Catherine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Leticia $319,103
Previous Owner Shark Investments Llc $160,650
Previous Owner Montano Javier $175,000
Previous Owner Montano Javier $145,741
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2012 07/13/12 Sold $192,000 +13.0% $99 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $169,900 -- $87 / 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 $5,046 $398,394 $220,649 $177,745
2024 $5,046 $390,583 $216,323 $174,260
2023 $4,953 $382,926 $212,082 $170,844
2022 $4,729 $375,419 $207,924 $167,495
2021 $4,665 $368,059 $203,848 $164,211
2020 $4,707 $364,286 $201,758 $162,528
2019 $4,529 $357,144 $197,802 $159,342
2018 $4,431 $350,142 $193,924 $156,218
2016 $4,222 $336,547 $186,395 $150,152
2015 $4,162 $331,493 $183,596 $147,897
2014 $4,187 $325,000 $180,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Miley Taylor

    Ben Grundy Real Estate

    (310) 650-4510

    2 Total Sales

    Miley Taylor
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1202866

California Regional Multiple Listing Service (CRMLS)

APN: 5121-020-029

California Los Angeles County Los Angeles 90011 Historic South Central

237 E 38th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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