NOT LISTED FOR SALE

253 E 61st St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $582,000 - $604,000

3 Beds
1 Bath
836 Sq Ft
$711/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $339,000 $406 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,510/month

18 Days on Market

About This Home

As of May 2017

Buyers these is a Great Opportunity home & Ready to Move-In!!! STANDARD SALE!!!**NOT AN REO OR SHORT SALE**STANDARD SALE!!! **CONVENTIONAL, FHA AND VA WELCOME...BEAUTIFULLY RENOVATED Home!!!!! It Features 3 Bedrooms, 1 bath with side driveway!! Property also has New Interior, Exterior Paint, Hardwood Floors throughout the living room and hall, Brand New Updated Kitchen with Granite Countertops, NEW FIXTURES and tile floors w/ Solid Wood Custom Cabinets, Bathroom has been completely remodeled with Custom Tile and much more to be mentioned! Hurry property is priced to sell!! Submit an offer today!!! Property is priced to sell & won’t last long!!! Call the office for Showing Instructions!!!

Last Agent to Sell the Property

Oscar Morales

OPTION ONE REALTY & INVESTMENT License #01908712 Listed on: 03/21/2017

Last Buyer's Agent

Alonso Magallanes

OPTION ONE REALTY & INVESTMENT License #01426982

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 2,205 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAC2

Home Design

  • 836 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Urban Location

Community Details

  • Active Adult
  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 179
  • Assessor Parcel Number 6006008005

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAC2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6006008005
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 836.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 405.50
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: Yes
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2205.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2392.02
  • Tax Lot: 7
  • Tax Tract Number: 179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
May 5, 2017
Sold by
Idd Investments Group Inc
Bought by
Perez Ernestina and Perez Yamilet
Seller's Agent
Oscar Morales
OPTION ONE REALTY & INVESTMENT
Buyer's Agent
Alonso Magallanes
OPTION ONE REALTY & INVESTMENT
List Price
$339,000
Sold Price
$339,000
Current Estimated Value
$594,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,660
Avg. Annual Appreciation
6.72%
Original Mortgage
$314,407
Outstanding Balance
$261,755
Interest Rate
4.14%
Mortgage Type
FHA
Estimated Equity
$332,905

Purchase Details

Listed on
Jun 10, 2016
Closed on
Sep 8, 2016
Sold by
Sycamore Funds Llc
Bought by
Idd Investments Group Inc
Seller's Agent
Anthony Tullous
K & K Group, Inc.
Buyer's Agent
Anthony Tullous
K & K Group, Inc.
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.54%
Original Mortgage
$213,200
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 11, 2014
Closed on
Jan 8, 2016
Sold by
Avery Donovan
Bought by
Sycamore Funds Llc
Seller's Agent
Rodney Logan
Bankers Realty Exclusive, Inc.
Buyer's Agent
Non-Member CHICO
Non-Member Office CHICO
List Price
$205,000
Sold Price
$152,000
Premium/Discount to List
-$53,000
-25.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.11%

Purchase Details

Closed on
Aug 31, 1999
Sold by
Preacley Odessa
Bought by
Avery Donovan Miguel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Ernestina $339,000 Title 365
Idd Investments Group Inc $220,000 Title 365
Sycamore Funds Llc $152,000 Title 365
Avery Donovan Miguel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Ernestina $314,407
Previous Owner Idd Investments Group Inc $213,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2017 05/16/17 Sold $339,000 0.0% $406 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $339,000 0.0% $406 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $339,000 +54.1% $406 / Sq Ft
09/16/2016 09/16/16 Sold $220,000 0.0% $263 / Sq Ft View Prior Sale
08/18/2016 08/18/16 Pending -- -- --
08/04/2016 08/04/16 Price Changed $220,000 -2.2% $263 / Sq Ft
07/21/2016 07/21/16 Price Changed $225,000 -1.3% $269 / Sq Ft
07/06/2016 07/06/16 Price Changed $228,000 -3.8% $273 / Sq Ft
06/17/2016 06/17/16 Price Changed $237,000 -5.2% $283 / Sq Ft
06/10/2016 06/10/16 For Sale $250,000 +64.5% $299 / Sq Ft
01/20/2016 01/20/16 Sold $152,000 -13.1% $182 / Sq Ft View Prior Sale
10/06/2015 10/06/15 Pending -- -- --
08/12/2015 08/12/15 Price Changed $175,000 -14.6% $209 / Sq Ft
11/11/2014 11/11/14 For Sale $205,000 -- $245 / 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 $4,809 $393,432 $258,923 $134,509
2024 $4,809 $385,719 $253,847 $131,872
2023 $4,717 $378,157 $248,870 $129,287
2022 $4,497 $370,743 $243,991 $126,752
2021 $4,442 $363,474 $239,207 $124,267
2019 $4,310 $352,695 $232,113 $120,582
2018 $4,267 $345,780 $227,562 $118,218
2016 $2,682 $215,389 $128,405 $86,984
2015 $439 $27,130 $15,015 $12,115
2014 $449 $26,599 $14,721 $11,878
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2017

    Oscar Morales

    OPTION ONE REALTY & INVESTMENT

    (626) 974-0453

    1 in this area

    31 Total Sales

    Oscar Morales
    Section Image
  • Alonso Magallanes

    Buyer's Agent in 2017

    Alonso Magallanes

    OPTION ONE REALTY & INVESTMENT

    (626) 890-7214

    20 Total Sales

    Alonso Magallanes
    Section Image

  • A

    Seller's Agent in 2016

    Anthony Tullous

    K & K Group, Inc.

  • R

    Seller's Agent in 2016

    Rodney Logan

    Bankers Realty Exclusive, Inc.

    Section Image

  • N

    Buyer's Agent in 2016

    Non-Member CHICO

    Non-Member Office CHICO

  • N

    Buyer's Agent in 2016

    Non-Member Agent CHICO

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17058453

California Regional Multiple Listing Service (CRMLS)

APN: 6006-008-005

California Los Angeles County Los Angeles 90003 Florence

253 E 61st St, Los Angeles, CA

Not Listed for Sale

Detached

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