NOT LISTED FOR SALE

323 E 118th Place Los Angeles, CA 90061

Green Meadows Neighborhood

Estimated Value: $536,000 - $1,349,000

2 Beds
1 Bath
1,024 Sq Ft
$1,000/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $285,000 $278 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $6,493/month

81 Days on Market

Highlights

  • Bungalow
  • Floor Furnace
  • 1-Story Property

About This Home

As of August 2016

Probate Sale no court confirmation needed.Appraised value is over Listed Price. Write all offers on Probate RPA. Property sold As Is.Shows well needs cosmetic upgrades.

Last Agent to Sell the Property

Gary Scotton

Scotton Group & Associates, Inc. License #01167842 Listed on: 03/12/2016

Last Buyer's Agent

Alex Carrillo

AIE Realty Inc License #01343102

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,985

Year Built

  • Built in 1926

Lot Details

  • 5,560 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 6083-020-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,985

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 1024
  • Probate: Yes
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 291.99

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Heating: Floor Furnace

Lot Info

  • Horses: No
  • Assessor Parcel Number: 6083-020-021
  • Geocode Override: No
  • Lot Size Area: 5560

Rental Info

  • Court Approve: Yes

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2017
Sold by
Ocean Development Inc
Bought by
Cd Asset Company Llc
Current Estimated Value
$1,023,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
2.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 12, 2016
Closed on
Jul 28, 2016
Sold by
Hall Brenda
Bought by
Ocean Development Inc
Seller's Agent
Gary Scotton
Scotton Group & Associates, Inc.
Buyer's Agent
Alex Carrillo
AIE Realty Inc
List Price
$310,000
Sold Price
$285,000
Premium/Discount to List
-$25,000
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Original Mortgage
$444,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2004
Sold by
Blackwell Thelma
Bought by
Blackwell Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 24, 2004
Sold by
Thomas Michelle Denise
Bought by
Blackwell Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 25, 1999
Sold by
Blackwell Thelma
Bought by
Thomas Michelle Denise

Purchase Details

Closed on
Oct 22, 1998
Sold by
Blackwell Ernest Charles
Bought by
Blackwell Thelma
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
Cd Asset Company Llc $770,000 Lawyers Title
Ocean Development Inc $285,000 Fatcola
Blackwell Thelma -- United Title Company Westlak
Blackwell Thelma -- --
Thomas Michelle Denise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ocean Development Inc $561,259
Previous Owner Cd Asset Company Llc $462,000
Previous Owner Ocean Development Inc $444,000
Previous Owner Ocean Development Inc $110,000
Previous Owner Blackwell Thelma $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $285,000 -4.7% $278 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
04/23/2016 04/23/16 Price Changed $299,000 -3.5% $292 / Sq Ft
03/12/2016 03/12/16 For Sale $310,000 -- $303 / Sq Ft
Source: The MLS

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 $10,985 $876,124 $534,777 $341,347
2024 $10,985 $858,946 $524,292 $334,654
2023 $10,777 $842,105 $514,012 $328,093
2022 $10,288 $825,594 $503,934 $321,660
2021 $10,146 $809,406 $494,053 $315,353
2019 $9,845 $785,400 $479,400 $306,000
2018 $9,610 $770,000 $470,000 $300,000
2017 $3,791 $285,000 $210,900 $74,100
2016 $1,768 $127,223 $73,997 $53,226
2015 $1,740 $125,313 $72,886 $52,427
2014 $1,748 $122,860 $71,459 $51,401
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Scotton

    Scotton Group & Associates, Inc.

    (310) 703-3958

    9 Total Sales

    Gary Scotton
    Section Image

  • A

    Buyer's Agent in 2016

    Alex Carrillo

    AIE Realty Inc

    (562) 622-7275

    7 Total Sales

    Alex Carrillo
    Section Image
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Map

Source: The MLS

MLS Number: 16-106184

The MLS

APN: 6083-020-021

California Los Angeles County Los Angeles 90061 Green Meadows

323 E 118th Place, Los Angeles, CA

This home is located at 323 E 118th Place, Los Angeles, CA 90061 since 12 March 2016 and is currently estimated at $1,023,710, approximately $999 per square foot. This property was built in 1926. 323 E 118th Place is a home located in Los Angeles County with nearby schools including One Hundred Eighteenth Street School, Samuel Gompers Middle School, and Alliance Jack H. Skirball Middle School.

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