NOT LISTED FOR SALE

3311 W 83rd St Inglewood, CA 90305

Morningside Park Neighborhood

Estimated Value: $1,154,888 - $1,415,000

6 Beds
4 Baths
3,724 Sq Ft
$343/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $425,000 $114 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $7,525/month

48 Days on Market

About This Home

As of March 2012

Property hasen't been listed in over 25 years. Well maintained 4 units, extremely large units in good condition. Adjacent building 4405 also for sale, MUST be sold TOGETHER. Nice property w walk way, sits back from the street. Extra parking garages. DO NOT WALK PROPERTY...

Last Agent to Sell the Property

Michelle Hicks

R. Hicks Realty License #00982200 Listed on: 11/10/2011

Last Buyer's Agent

Albert Banks

AOA Commercial Brokerage License #00819160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,512

Year Built

  • Built in 1940

Lot Details

  • 7,610

Parking

  • 4 Car Garage

Home Design

  • 3,724 Sq Ft Home
  • Composition Roof

Additional Features

  • 7,610 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4011-021-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,512

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Alley: Yes
  • Living Area: 3724
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Carpet: 4
  • Price Per S Q F T: 122.18

Exterior Features

  • Pool: No
  • Roof: Composition

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Water District: Inglewood Water
  • Heating: Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water Expense: 120.00

Fee Information

  • Insurance Expense: 150.00

Schools

  • School District: Inglewood Unified

Lot Info

  • Assessed Improvement Value: 151226
  • Assessed Land Value: 90086
  • Assessor Parcel Number: 4011-021-007
  • Lot Size Area: 7610

Rental Info

  • Total Actual Rent: 48480.00
  • Owner Pays: Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.28
  • Number Of Units: 4
  • Total Annual Expense: 4020
  • Type Of Units: stucco
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 300.00

MLS Schools

  • School District: Inglewood Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2011
Closed on
Mar 30, 2012
Sold by
Vaughn Richard A and Vaughn Ian A
Bought by
Vaughn Richard and Vaughn Ian
Seller's Agent
Michelle Hicks
R. Hicks Realty
Buyer's Agent
Albert Banks
AOA Commercial Brokerage
List Price
$455,000
Sold Price
$425,000
Premium/Discount to List
-$30,000
-6.59%
Current Estimated Value
$1,275,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,972
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Nov 10, 2011
Closed on
Jan 12, 2012
Sold by
Hicks Roosevelt and The 1998 Roosevelt Hicks Revoc
Bought by
Vaughn Richard A and Vaughn Ian A
Seller's Agent
Michelle Hicks
R. Hicks Realty
Buyer's Agent
Albert Banks
AOA Commercial Brokerage
List Price
$455,000
Sold Price
$425,000
Premium/Discount to List
-$30,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 1998
Sold by
Hicks Roosevelt
Bought by
Hicks Roosevelt and 1998 Roosevelt Hicks Revocable

Purchase Details

Closed on
Feb 4, 1994
Sold by
Hicks Alma D
Bought by
Hicks Roosevelt
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
Vaughn Richard -- None Available
Vaughn Richard A $425,000 Stewart Title
Hicks Roosevelt -- --
Hicks Roosevelt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Richard $453,000
Closed Vaughn Richard $490,000
Previous Owner Vaughn Richard A $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2012 03/02/12 Sold $425,000 -6.6% $114 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
11/10/2011 11/10/11 For Sale $455,000 -- $122 / 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 $7,512 $533,812 $427,053 $106,759
2024 $7,512 $523,346 $418,680 $104,666
2023 $7,435 $513,085 $410,471 $102,614
2022 $7,560 $503,025 $402,423 $100,602
2021 $7,486 $493,163 $394,533 $98,630
2019 $7,056 $478,537 $382,832 $95,705
2018 $6,988 $469,155 $375,326 $93,829
2016 $6,601 $450,939 $360,752 $90,187
2015 $6,540 $444,167 $355,334 $88,833
2014 $6,545 $435,467 $348,374 $87,093
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michelle Hicks

    R. Hicks Realty

    (310) 702-2301

    3 in this area

    29 Total Sales

    Michelle Hicks
    Section Image

  • A

    Buyer's Agent in 2012

    Albert Banks

    AOA Commercial Brokerage

    Section Image
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Map

Source: The MLS

MLS Number: 11-565911

The MLS

APN: 4011-021-007

California Los Angeles County Inglewood 90305 Morningside Park

3311 W 83rd St, Inglewood, CA

This home is located at 3311 W 83rd St, Inglewood, CA 90305 since 10 November 2011 and is currently estimated at $1,275,972, approximately $342 per square foot. This property was built in 1940. 3311 W 83rd St is a home located in Los Angeles County with nearby schools including Monroe (Albert F.) Middle School, Inglewood High School, and Alliance Leadership Middle Academy.

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