NOT LISTED FOR SALE

3246 Magnolia Ave Lynwood, CA 90262

Estimated Value: $665,000 - $716,000

2 Beds
1 Bath
874 Sq Ft
$780/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $425,000 $486 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,384/month

5 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Back Yard

About This Home

As of April 2019

Come see this beautifully kept home with a great sized back yard zoned for you to expand on! This home features a cozy fireplace, newer flooring throughout, recessed lighting, kitchen granite countertops and indoor laundry hook-ups. The front yard driveway has recently been repaved along with an electric gate. The fantastic location is minutes away from a number of restaurants, shopping and the 105 freeway. You do not want to miss out on this opportunity!

Last Agent to Sell the Property

Louisa Arutunian

CRMLS Member Transfer License #01834401 Listed on: 03/11/2019

CRMLS Member Transfer

Last Buyer's Agent

Tony Chavez

Century 21 Allstars License #01952630

Century 21 Allstars

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,123

Year Built

  • Built in 1941

Lot Details

  • 6,433 Sq Ft Lot
  • Back Yard
  • Property is zoned LYR3YY

Parking

  • 2 Car Garage

Interior Spaces

  • 874 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1015
  • Tax Tract Number 3025
  • Assessor Parcel Number 6168020002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,123

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LYR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6168020002
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 874.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 486.27
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Lynwood Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6433.00
  • Lot Size Acres: 0.1477

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6433.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5405.02
  • Tax Lot: 1015
  • Tax Tract Number: 3025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Sarabia Eliseo E and Sarabia Amanda L
Bought by
Velasquez Adrian
Current Estimated Value
$681,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,500
Outstanding Balance
$475,540
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$199,069

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 15, 2019
Sold by
The Cynthia C Pineda Revocable Living Tr
Bought by
Sarabia Eliseo E and Sarabia Amanda L
Seller's Agent
Louisa Arutunian
CRMLS Member Transfer
Buyer's Agent
Tony Chavez
Century 21 Allstars
List Price
$415,000
Sold Price
$425,000
Premium/Discount to List
$10,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$417,302
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2017
Sold by
Pineda Cynthia
Bought by
The Cynthia C Pineda Revocable Living Tr and Cynthia Pineda Revocable Living Trust

Purchase Details

Closed on
Aug 7, 2015
Sold by
Mata Maria G Hernandez
Bought by
Pineda Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2015
Sold by
Mata Maria G Hernandez and Garcia Enrique
Bought by
Mata Maria G Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2012
Closed on
Feb 15, 2013
Sold by
Noble Investment Properties Llc
Bought by
Mata Maria G Hernandez and Garcia Enrique
Seller's Agent
Gabriela Ruiz
Excellence RE Real Estate
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$264,900
Sold Price
$259,000
Premium/Discount to List
-$5,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$254,308
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 26, 2012
Closed on
Sep 18, 2012
Sold by
U S Bank National Association
Bought by
Noble Investment Properties Llc
Seller's Agent
Miguel Vazquez
Home Central Realty
Buyer's Agent
Gabriela Ruiz
Excellence RE Real Estate
List Price
$164,820
Sold Price
$167,000
Premium/Discount to List
$2,180
1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
184.30%
Original Mortgage
$108,550
Interest Rate
3.58%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2012
Sold by
Wesley Leroy
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 11, 2003
Sold by
Gaither Beulah M
Bought by
Wesley Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,574
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 1997
Sold by
Gaither Buelah M and Gaither Buelah Mae
Bought by
Gaither Beulah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.08%
Source: Public Records

Range of Values:

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Average Value
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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
Velasquez Adrian $550,000 Fidelity National Title Co
Sarabia Eliseo E $425,000 Orange Coast Title Company
The Cynthia C Pineda Revocable Living Tr -- None Available
Pineda Cynthia $325,000 Fidelity National Title Co
Mata Maria G Hernandez -- None Available
Mata Maria G Hernandez $259,000 Ticor Title Tustin Orange Co
Garcia Enrique M -- Ticor Title Tustin Orange Co
Mata Maria G Hernandez -- Ticor Title Tustin Orange Co
Noble Investment Properties Llc $167,000 Ticor Title Riverside
U S Bank National Association $371,890 Servicelink
Wesley Leroy $157,000 Ticor Title Company
Gaither Beulah M -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Adrian $522,500
Previous Owner Sarabia Eliseo E $419,047
Previous Owner Sarabia Eliseo E $417,302
Previous Owner Pineda Cynthia $308,750
Previous Owner Mata Maria G Hernandez $254,308
Previous Owner Noble Investment Properties Llc $108,550
Previous Owner Noble Investment Properties Llc $25,050
Previous Owner Wesley Leroy $328,000
Previous Owner Wesley Leroy $285,600
Previous Owner Wesley Leroy $10,000
Previous Owner Wesley Leroy $188,000
Previous Owner Wesley Leroy $154,574
Previous Owner Gaither Beulah M $80,000
Previous Owner Gaither Beulah M $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2019 04/17/19 Sold $425,000 +2.4% $486 / Sq Ft
03/20/2019 03/20/19 For Sale $415,000 -2.4% $475 / Sq Ft
03/20/2019 03/20/19 Off Market $425,000 -- --
03/18/2019 03/18/19 Off Market $425,000 -- --
03/11/2019 03/11/19 For Sale $415,000 +27.7% $475 / Sq Ft
11/02/2015 11/02/15 Sold $325,000 0.0% $372 / Sq Ft
10/15/2015 10/15/15 For Sale $325,000 0.0% $372 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
08/07/2015 08/07/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $325,000 +25.5% $372 / Sq Ft
02/26/2013 02/26/13 Sold $259,000 -2.2% $296 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $264,900 +58.6% $303 / Sq Ft
09/24/2012 09/24/12 Sold $167,000 +1.3% $191 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $164,820 -- $189 / 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 $8,123 $583,663 $455,788 $127,875
2024 $8,123 $572,219 $446,851 $125,368
2023 $8,064 $561,000 $438,090 $122,910
2022 $7,770 $550,000 $429,500 $120,500
2021 $6,183 $437,990 $350,392 $87,598
2020 $5,927 $433,500 $346,800 $86,700
2019 $1,034 $344,891 $236,437 $108,454
2018 $4,839 $338,129 $231,801 $106,328
2016 $4,519 $325,000 $222,800 $102,200
2015 $3,747 $265,372 $167,933 $97,439
2014 $3,665 $260,175 $164,644 $95,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19054037

California Regional Multiple Listing Service (CRMLS)

APN: 6168-020-002