Seller's Agent in 2022
Gerlin Munoz
Coldwell Banker Envision
(323) 718-2022
1 in this area
11 Total Sales
2404 E 114th St Los Angeles, CA 90059
Watts NeighborhoodEstimated Value: $530,000 - $594,537
4
Beds
2
Baths
1,474
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Park
- Floor Furnace
- Neighborhood Views
- Laundry Room
- Brick Fence
About This Home
As of October 2022This R2- zoning offers great potential. ADU, SBA 9, SB10 you name it, This R2 zoning is Calling on all opportunities, whether your investor, Home buyer, or builder. This is a 3Bed 1Bath single Family “As Is” spacious floor plan, up to 4 car parking. The additional back unit may NOT be permitted and consist of 1bed 1bath, Small living room small dining room. Very close to local schools and freeways. Minutes to 105 Fwy and shopping convenient. It is buyer and buyer’s agent duty to very and confirm all City planning and clarification of permits and regulations.
Last Agent to Sell the Property
Coldwell Banker Envision License #01772541 Listed on: 06/18/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1918
Lot Details
- 4,673 Sq Ft Lot
- No Common Walls
- Brick Fence
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Craftsman Architecture
Interior Spaces
- 1,474 Sq Ft Home
- Neighborhood Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Floor Furnace
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 55 / R
- Tax Tract Number 540
- Assessor Parcel Number 6067020038
- $789 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Recreation
- Park
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $540
- Operating Expense $6,480
- Gross Income $18,720
- Net Operating Income $18,720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2022
Closed on
Sep 30, 2022
Sold by
Covarrubias Helda Ibarra
Bought by
Velazquez Sergio
Seller's Agent
Gerlin Munoz
Coldwell Banker Envision
Buyer's Agent
Walter Blanco
Century 21 Masters
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,384
Avg. Annual Appreciation
3.89%
Original Mortgage
$481,124
Outstanding Balance
$460,125
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$98,259
Purchase Details
Listed on
Jun 18, 2022
Closed on
Aug 30, 2022
Sold by
Barredo Lidia Ariza
Bought by
Ibarra Sergio Velasquez and Ibarra Paloma Velazquez
Seller's Agent
Gerlin Munoz
Coldwell Banker Envision
Buyer's Agent
Walter Blanco
Century 21 Masters
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Views
86
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Outstanding Balance
$460,125
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$98,259
Purchase Details
Closed on
Sep 2, 2010
Sold by
Wells Fargo Bank Na
Bought by
Barredo Lidia Ariza
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
4.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 4, 2010
Sold by
Taylor Margaret
Bought by
Wells Fargo Bank Na and Wachovia Mortgage
Purchase Details
Closed on
Nov 24, 2009
Sold by
Gladden Tiki
Bought by
Jeffrey Zabaro Separate Property Trust
Purchase Details
Closed on
May 9, 2000
Sold by
Taylor Margaret
Bought by
Taylor Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.22%
Purchase Details
Closed on
Sep 16, 1998
Sold by
Arceneaux Herbert
Bought by
Arceneaux Herbert and Taylor Margaret
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velazquez Sergio | -- | Orange Coast Title | |
| Ibarra Sergio Velasquez | $490,000 | Orange Coast Title | |
| Barredo Lidia Ariza | $105,000 | Fidelity National Title Co | |
| Wells Fargo Bank Na | $83,745 | Accommodation | |
| Jeffrey Zabaro Separate Property Trust | $46,000 | Chicago Title | |
| Taylor Margaret | -- | Orange Coast Title | |
| Arceneaux Herbert | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ibarra Sergio Velasquez | $481,124 | |
| Previous Owner | Barredo Lidia Ariza | $65,000 | |
| Previous Owner | Taylor Margaret | $66,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2022 10/28/22 | Sold | $490,000 | +2.1% | $332 / Sq Ft |
| 08/24/2022 08/24/22 | Pending | -- | -- | -- |
| 07/18/2022 07/18/22 | Price Changed | $480,000 | -6.8% | $326 / Sq Ft |
| 06/18/2022 06/18/22 | For Sale | $515,000 | -- | $349 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,751 | $509,795 | $382,867 | $126,928 |
| 2024 | $6,751 | $499,800 | $375,360 | $124,440 |
| 2023 | $6,638 | $490,000 | $368,000 | $122,000 |
| 2022 | $2,182 | $126,753 | $84,504 | $42,249 |
| 2021 | $2,150 | $124,269 | $82,848 | $41,421 |
| 2019 | $2,092 | $120,586 | $80,392 | $40,194 |
| 2018 | $1,971 | $118,222 | $78,816 | $39,406 |
| 2016 | $1,956 | $113,633 | $75,756 | $37,877 |
| 2015 | $1,929 | $111,928 | $74,619 | $37,309 |
| 2014 | $1,932 | $109,737 | $73,158 | $36,579 |
Source: Public Records
Agents Affiliated with this Home
-
Gerlin Munoz
-
Walter Blanco
W
Buyer's Agent in 2022
Walter Blanco
Century 21 Masters
(818) 892-9314
1 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22132954
APN: 6067-020-038
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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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