NOT LISTED FOR SALE

3415 Martin Luther King jr Blvd Lynwood, CA 90262

Estimated Value: $514,000 - $712,000

0.08 Acre
$7,796,249 Price per Acre
3,645 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $200,000

Est. 226% increase in value since last sale

Current estimated payment $4,079/month

42 Days on Market

About This Lot

As of July 2023

Commercial Lot for sale. This lot is zoned Commercial, Buyer to verify with City of Lynwood for zoning and use of lot. lot is next door to 3415 Martin Luther King Jr Blvd, Lynwood Ca, 90262

Last Agent to Sell the Property

Leonel Aceves

Leonel Aceves, Broker License #01344050 Listed on: 05/09/2023

Last Buyer's Agent

Leonel Aceves

Leonel Aceves, Broker License #01344050 Listed on: 05/09/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,291

Lot Details

  • 3,645 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LYC2*

Additional Features

  • Urban Location
  • No Utilities

Listing and Financial Details

  • Tax Lot 2009
  • Tax Tract Number 5772
  • Assessor Parcel Number 6208018044
  • $321 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$6,291

Lot Details

0

Listing Details

  • Other Phone Description: 6266725573
  • View: No
  • Zoning: LYC2*
  • Property Type: Land
  • Parcel Number: 6208018044
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 54.87

Utilities

  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3645.00
  • Lot Size Acres: 0.0837
  • Latitude Manual: 33.93673400

Multi Family

  • Lot Size Area: 3645.0000 Square Feet

Tax Info

  • Tax Census Tract: 5402.02
  • Tax Lot: 2009
  • Tax Tract Number: 5772
  • TaxOtherAnnualAssessmentAmount: 321.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Orellano Soza Maria Del Carmen
Bought by
Maria Del Carmen Orellano Soza Living Trust and Soza
Current Estimated Value
$652,546

Purchase Details

Closed on
Sep 2, 2022
Sold by
Orellano Soza Maria Del Carmen and Orellano Hector
Bought by
Soza Maria Del Carmen O and Mojarro Hector Enciso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 16, 2020
Sold by
Soza Maria Del Carmen Orellano
Bought by
Soza Maria Del Carmen Orellano and Mojarro Hector Enciso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2019
Sold by
Orellano Enciso Hector and Orellano Soza Maria Del Carmen
Bought by
Soza Maria Del Carmen Orellano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2017
Sold by
Marchini Jess
Bought by
Marchini Jess and Beasley Linda R

Purchase Details

Closed on
Jun 24, 1994
Sold by
Marchini Jess and Beasley Linda R
Bought by
Marchini Jess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
9.5%
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
Maria Del Carmen Orellano Soza Living Trust -- None Listed On Document
Soza Maria Del Carmen O -- --
Soza Maria Del Carmen Orellano -- Provident Title Company
Soza Maria Del Carmen Orellano -- Provident Title Company
Marchini Jess -- None Available
Marchini Jess -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soza Maria Del Carmen O $160,000
Previous Owner Soza Maria Del Carmen Orellano $400,000
Previous Owner Soza Maria Del Carmen Orellano $345,000
Previous Owner Marchini Jess $12,000
Previous Owner Marchini Jess $172,159
Previous Owner Marchini Jess $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $200,000 -16.7% --
06/20/2023 06/20/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $240,000 -- --
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 $6,291 $434,919 $269,997 $164,922
2024 $6,291 $426,392 $264,703 $161,689
2023 $6,243 $418,032 $259,513 $158,519
2022 $5,984 $409,836 $254,425 $155,411
2021 $5,768 $401,801 $249,437 $152,364
2019 $3,527 $215,685 $159,290 $56,395
2018 $3,208 $211,457 $156,167 $55,290
2016 $2,889 $194,748 $143,307 $51,441
2015 $2,833 $191,824 $141,155 $50,669
2014 $2,776 $188,067 $138,390 $49,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23079556

California Regional Multiple Listing Service (CRMLS)

APN: 6208-018-043