NOT LISTED FOR SALE

3261 Magnolia Ave Lynwood, CA 90262

Estimated Value: $677,000 - $721,000

4 Beds
1 Bath
1,008 Sq Ft
$693/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $456,000 $452 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,417/month

39 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2019

Check out this 4 bedroom home that sits on a 8626 square foot lot. It has two permitted kitchens, Big permitted covered patio, see photos, and a very long large driveway.

Last Agent to Sell the Property

Efren Martin

Efren Martin Real Estate, Inc. License #01233159 Listed on: 12/31/2018

Efren Martin Real Estate, Inc.

Last Buyer's Agent

Mireya Sandoval

PLF Real Estate Solutions License #01909128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,374

Year Built

  • Built in 1927

Lot Details

  • 8,627 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LYR3YY

Parking

  • 1 Car Garage

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1004
  • Tax Tract Number 3025
  • Assessor Parcel Number 6168011027

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,374

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Number: 562-355-1518
  • Property Attached: Yes
  • View: No
  • Zoning: LYR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6168011027
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1008.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 452.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8627.00
  • Lot Size Acres: 0.1980

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8627.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5405.02
  • Tax Lot: 1004
  • Tax Tract Number: 3025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
Mar 12, 2019
Sold by
Torres Alejandro
Bought by
Reynoso Gerardo and Vides Liliana Ivon
Seller's Agent
Efren Martin
Efren Martin Real Estate, Inc.
Buyer's Agent
Mireya Sandoval
PLF Real Estate Solutions
List Price
$449,900
Sold Price
$456,000
Premium/Discount to List
$6,100
1.36%
Current Estimated Value
$699,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,042
Avg. Annual Appreciation
6.72%
Original Mortgage
$15,960
Outstanding Balance
$14,060
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$679,514

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jun 18, 2013
Sold by
Torres Olga
Bought by
Torres Alejandro
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Efren Martin
Realty World Experts
List Price
$289,900
Sold Price
$287,000
Premium/Discount to List
-$2,900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$281,801
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jun 12, 2013
Sold by
Wedgewood Community Fund Ii Llc
Bought by
Torres Alejandro
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Efren Martin
Realty World Experts
List Price
$289,900
Sold Price
$287,000
Premium/Discount to List
-$2,900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,801
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2012
Sold by
Olmos Jose Cordova and Ochoa Francisco
Bought by
Wedgewood Community Fund Ii Llc

Purchase Details

Closed on
Dec 11, 2003
Sold by
Olmos Jose Cordova and Romero Arturo
Bought by
Olmos Jose Cordova

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Olmos Jose Cordova
Bought by
Olmos Jose Cordova

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2001
Sold by
Reese Jennie L
Bought by
Olmos Jose Cordova

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,558
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2000
Sold by
Guardado Carlos
Bought by
Reese Jennie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
7.67%

Purchase Details

Closed on
Oct 25, 2000
Sold by
Hud
Bought by
Reese Jennie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
7.67%

Purchase Details

Closed on
Apr 13, 2000
Sold by
Old Kent Mtg Company
Bought by
Hud

Purchase Details

Closed on
Oct 20, 1999
Sold by
Olea Luis Ruben and Alvarez Petra
Bought by
Old Kent Mtg Company

Purchase Details

Closed on
Jul 31, 1997
Sold by
Criss Bill L and Criss Teri Lee
Bought by
Olea Luis Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,487
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1997
Sold by
Hud
Bought by
Criss Bill L

Purchase Details

Closed on
May 30, 1996
Sold by
Vidrio Maria Elena
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Apr 30, 1996
Sold by
Countrywide Home Loans Inc
Bought by
Hud
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
Reynoso Gerardo $456,000 Pacific Coast Title
Torres Alejandro -- Title 365
Torres Alejandro $287,000 Title 365
Wedgewood Community Fund Ii Llc $196,000 Accommodation
Olmos Jose Cordova -- Stewart Title
Olmos Jose Cordova -- --
Olmos Jose Cordova -- --
Olmos Jose Cordova $158,000 First Southwestern Title
Reese Jennie L -- First Southwestern Title Co
Reese Jennie L $125,000 First Southwestern Title Co
Hud -- American Title
Old Kent Mtg Company $150,174 American Title
Olea Luis Ruben $135,000 California Counties Title Co
Criss Bill L $78,000 California Counties Title Co
Countrywide Funding Corp $134,555 Landsafe Title
Hud -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynoso Gerardo $15,960
Open Reynoso Gerardo $447,740
Previous Owner Torres Alejandro $312,000
Previous Owner Torres Alejandro $281,801
Previous Owner Olmos Jose Cordova $176,000
Previous Owner Olmos Jose Cordova $155,558
Previous Owner Reese Jennie L $106,250
Previous Owner Olea Luis Ruben $15,000
Previous Owner Olea Luis Ruben $133,487
Closed Olmos Jose Cordova $7,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $456,000 +1.4% $452 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $449,900 0.0% $446 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $449,900 +56.8% $446 / Sq Ft
07/05/2013 07/05/13 Sold $287,000 -1.0% $285 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $289,900 -- $288 / 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 $7,374 $508,670 $382,843 $125,827
2024 $7,374 $498,697 $375,337 $123,360
2023 $7,322 $488,920 $367,978 $120,942
2022 $7,064 $479,334 $360,763 $118,571
2021 $6,814 $469,937 $353,690 $116,247
2019 $1,661 $327,318 $210,000 $117,318
2018 $4,626 $309,201 $205,883 $103,318
2016 $4,329 $297,197 $197,890 $99,307
2015 $4,247 $292,734 $194,918 $97,816
2014 $4,156 $287,000 $191,100 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18298027

California Regional Multiple Listing Service (CRMLS)

APN: 6168-011-027