NOT LISTED FOR SALE

2640 Magnolia Ave Los Angeles, CA 90007

University Park Neighborhood

Estimated Value: $1,078,000 - $1,594,000

5 Beds
5 Baths
1,200 Sq Ft
$1,142/Sq Ft Est. Value

About This Home

This home is located at 2640 Magnolia Ave, Los Angeles, CA 90007 and is currently estimated at $1,370,344, approximately $1,141 per square foot. 2640 Magnolia Ave is a home located in Los Angeles County with nearby schools including Vermont Avenue Elementary School, John Adams Middle School, and Manual Arts Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Cheng Annette L and Cheng Joseph I
Bought by
Auburn San Pedro Llc
Current Estimated Value
$1,370,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,360
Outstanding Balance
$1,036,691
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$333,653

Purchase Details

Closed on
Mar 21, 2008
Sold by
Cheng Hsiu Lang W
Bought by
Cheng Ellen Wang and Ellen Wang Cheng 2008 Revocable Trust

Purchase Details

Closed on
Jan 30, 2008
Sold by
Cheng Joseph I
Bought by
Cheng Hsiu Lang W and Cheng Ellen Wang

Purchase Details

Closed on
Jul 7, 2000
Sold by
Cheng Hslu Lan W
Bought by
Cheng Hsiu Lang W and Cheng Joseph I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Auburn San Pedro Llc $1,150,000 Lawyers Title Company
Cheng Ellen Wang -- None Available
Cheng Hsiu Lang W -- None Available
Cheng Hsiu Lang W -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auburn San Pedro Llc $1,170,360
Previous Owner Cheng Hsiu Lang W $40,000
Source: Public Records

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 $15,471 $1,287,603 $1,071,606 $215,997
2024 $15,471 $1,262,357 $1,050,595 $211,762
2023 $15,174 $1,237,606 $1,029,996 $207,610
2022 $14,471 $1,213,340 $1,009,800 $203,540
2021 $13,830 $1,150,000 $990,000 $160,000
2020 $914 $57,110 $44,085 $13,025
2019 $888 $55,991 $43,221 $12,770
2018 $792 $54,894 $42,374 $12,520
2016 $743 $52,765 $40,730 $12,035
2015 $734 $51,974 $40,119 $11,855
2014 $747 $50,957 $39,334 $11,623
Source: Public Records

Map

California Los Angeles County Los Angeles 90007 University Park

2640 Magnolia Ave, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes