NOT LISTED FOR SALE

3618 Walnut Ave Lynwood, CA 90262

Estimated Value: $715,000 - $772,218

3 Beds
2 Baths
1,382 Sq Ft
$532/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $490,000 $355 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,529/month

32 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2019

This property has a big lot with a lot of possibilities! Spanish style, 3 bedrooms, and 2 bathrooms. Property is close to everything! Walking distance to Lynwood Park, close to Plaza Mexico, restaurants, stores, gym. This is the perfect house for the first time buyers, come and check it!

Last Agent to Sell the Property

Emma Cortes

PACIFIC REALTY CENTER License #01184856 Listed on: 11/04/2018

Last Buyer's Agent

Julie Melgar

Re/Max Luxe License #01828554

Re/Max Luxe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,744

Year Built

  • Built in 1928

Lot Details

  • 7,221 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LYR1YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Urban Location

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 1244
  • Tax Tract Number 3335
  • Assessor Parcel Number 6173027006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,744

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LYR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6173027006
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1382.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 354.56
  • 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: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Lynwood Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7221.00
  • Lot Size Acres: 0.1658

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7221.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5402.03
  • Tax Lot: 1244
  • Tax Tract Number: 3335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2018
Closed on
Feb 28, 2019
Sold by
Garcia David and Garcia Hernandez David
Bought by
Vega Gutierrez Maria De La Luz
Seller's Agent
Emma Cortes
PACIFIC REALTY CENTER
Buyer's Agent
Julie Melgar
Re/Max Luxe
List Price
$480,000
Sold Price
$490,000
Premium/Discount to List
$10,000
2.08%
Current Estimated Value
$735,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,555
Avg. Annual Appreciation
6.80%
Original Mortgage
$481,124
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 4, 2018
Closed on
Feb 27, 2019
Sold by
Alfaro Cipariano
Bought by
Gutierrez Clara L Vega and Gutierrez Iekaterina P
Seller's Agent
Emma Cortes
PACIFIC REALTY CENTER
Buyer's Agent
Julie Melgar
Re/Max Luxe
List Price
$480,000
Sold Price
$490,000
Premium/Discount to List
$10,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2016
Sold by
Alfaro Cipriano
Bought by
Alfaro Cipriano

Purchase Details

Closed on
Jul 20, 2007
Sold by
Molina Tomasa and Alfaro Cipriano
Bought by
Alfaro Cipriano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Molina Tomasa
Bought by
Molina Tomasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.6%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 9, 2002
Sold by
Marron Elba I and Marron Jose A
Bought by
Molina Tomasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
6.52%
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
Vega Gutierrez Maria De La Luz -- Old Republic Title Co
Gutierrez Clara L Vega $490,000 Old Republic Title
Alfaro Cipriano -- None Available
Alfaro Cipriano -- Security Union Title Ins Co
Molina Tomasa -- Southland Title Company
Molina Tomasa $168,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Clara L Vega $27,149
Open Gutierrez Clara L Vega $484,478
Closed Gutierrez Clara L Vega $481,124
Previous Owner Alfaro Cipriano $267,000
Previous Owner Molina Tomasa $240,000
Previous Owner Molina Tomasa $184,500
Previous Owner Molina Tomasa $159,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $490,000 +2.1% $355 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $480,000 -2.0% $347 / Sq Ft
11/06/2018 11/06/18 Off Market $490,000 -- --
11/04/2018 11/04/18 For Sale $480,000 -- $347 / 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 $7,744 $546,598 $382,843 $163,755
2024 $7,744 $535,882 $375,337 $160,545
2023 $7,688 $525,376 $367,978 $157,398
2022 $7,412 $515,075 $360,763 $154,312
2021 $7,140 $504,977 $353,690 $151,287
2019 $1,088 $405,756 $291,312 $114,444
2018 $5,659 $397,800 $285,600 $112,200
2016 $3,494 $246,842 $141,306 $105,536
2015 $3,426 $243,135 $139,184 $103,951
2014 $3,351 $238,373 $136,458 $101,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18266699

California Regional Multiple Listing Service (CRMLS)

APN: 6173-027-006