NOT LISTED FOR SALE

321 W 40th Place Los Angeles, CA 90037

Historic South Central Neighborhood

Estimated Value: $628,000 - $766,000

3 Beds
2 Baths
1,204 Sq Ft
$581/Sq Ft Est. Value

Last Sold June 04, 2012

Last sale price $231,000 $192 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $4,381/month

26 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Wood Siding
  • Craftsman Architecture
  • Eat-In Kitchen

About This Home

As of June 2012

2 car oversized garage with permitted recreation room (see pictures and floorplan) that can be used as a bonus room, bedroom, or a mother-in-law?s quarters. Bright and clean updated Craftsman style home that features brand new two-tone interior and exterior paint throughout. Living room features a big bay window and new carpeting. The kitchen has been updated. Main features: New tile flooring, new granite countertops, new raised wood cabinets, stainless steel finished plumbing fixtures, and stainless steel range and hood (to be installed at close of escrow). The bedrooms have new carpeting, new raised panel doors with new hardware fixtures. The updated bathrooms feature: New vanities, toilets, tiled flooring, a new bath tub, walk-in shower and plumbing fixtures. The electrical and plumbing have also been updated. It has an interior laundry room with outdoor access. Back yard has a detached garage with alley access. This Standard Sale property won't last!! Check out our virtual tour for more information.

Last Agent to Sell the Property

MARIA LOPEZ

Newport Realty License #01901708 Listed on: 03/30/2012

Last Buyer's Agent

Carlos Lira

J C Realty & Mortgage Corp License #01358942

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,801

Year Built

  • Built in 1905

Lot Details

  • 4,934

Parking

  • 2 Car Garage

Home Design

  • 1,204 Sq Ft Home
  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • Eat-In Kitchen
  • 4,934 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 2
  • Assessor Parcel Number 5111003019

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,801

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5111003019
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1204.00
  • Entry Location: Ground Level With Steps
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 191.86
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4934.00
  • Lot Size Acres: 0.1130

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4934.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 57
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2012
Closed on
May 7, 2012
Sold by
Homestrong Usa Llc
Bought by
Vasquez Ruperto A and Rufino Lucila
Seller's Agent
MARIA LOPEZ
Newport Realty
Buyer's Agent
Carlos Lira
J C Realty & Mortgage Corp
List Price
$223,500
Sold Price
$231,000
Premium/Discount to List
$7,500
3.36%
Current Estimated Value
$699,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,895
Avg. Annual Appreciation
8.75%
Original Mortgage
$226,816
Outstanding Balance
$161,870
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$538,025

Purchase Details

Closed on
Nov 25, 2011
Sold by
Homesales Inc
Bought by
Homestrong Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,200
Interest Rate
3.94%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 26, 2011
Sold by
Yanes Reina E
Bought by
Homesales Inc

Purchase Details

Closed on
Feb 27, 2007
Sold by
Navarrete Pedro Barrientos and Barrientos Pedro
Bought by
Yanes Reina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Martinez Melissa Magnolia
Bought by
Barrientos Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 19, 2004
Sold by
Spotsarelli Inc
Bought by
Barrientos Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2004
Sold by
Hodge Jerold
Bought by
Spotsarelli Inc

Purchase Details

Closed on
Jan 13, 2004
Sold by
Jeanne G Jeffs Estate
Bought by
Hodge Jerold
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
Vasquez Ruperto A $231,000 First American Title
Homestrong Usa Llc $160,000 First American Title
Homesales Inc $151,794 None Available
Yanes Reina E $484,000 Investors Title Company
Barrientos Pedro -- Fidelity National Title Comp
Barrientos Pedro $343,000 Fidelity National Title Comp
Spotsarelli Inc -- Fntic Long Beach
Hodge Jerold -- Fidelity Long Beach
Hodge Jerold $137,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Ruperto A $226,816
Previous Owner Homestrong Usa Llc $19,200
Previous Owner Homestrong Usa Llc $126,500
Previous Owner Yanes Reina E $387,200
Previous Owner Barrientos Pedro $360,000
Previous Owner Barrientos Pedro $45,000
Previous Owner Barrientos Pedro $22,000
Previous Owner Barrientos Pedro $274,400
Previous Owner Spotsarelli Inc $140,000
Closed Barrientos Pedro $68,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2012 06/04/12 Sold $231,000 +3.4% $192 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $223,500 -- $186 / 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 $6,801 $290,138 $121,327 $168,811
2024 $6,801 $284,450 $118,949 $165,501
2023 $6,734 $278,873 $116,617 $162,256
2022 $6,572 $273,406 $114,331 $159,075
2021 $6,526 $268,046 $112,090 $155,956
2019 $6,427 $260,097 $108,766 $151,331
2018 $6,353 $254,998 $106,634 $148,364
2016 $3,003 $245,098 $102,495 $142,603
2015 $2,960 $241,417 $100,956 $140,461
2014 $2,975 $236,689 $98,979 $137,710
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    MARIA LOPEZ

    Newport Realty

    Section Image

  • C

    Buyer's Agent in 2012

    Carlos Lira

    J C Realty & Mortgage Corp

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12040990

California Regional Multiple Listing Service (CRMLS)

APN: 5111-003-019

California Los Angeles County Los Angeles 90037 Historic South Central

321 W 40th Place, Los Angeles, CA

This home is located at 321 W 40th Place, Los Angeles, CA 90037 since 30 March 2012 and is currently estimated at $699,895, approximately $581 per square foot. This property was built in 1905. 321 W 40th Place is a home located in Los Angeles County with nearby schools including Trinity Street Elementary School, Maple Primary Center, and William Jefferson Clinton Middle School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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