NOT LISTED FOR SALE

3719 Folsom St Los Angeles, CA 90063

Estimated Value: $621,000 - $833,528

3 Beds
2 Baths
1,240 Sq Ft
$618/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $425,000 $343 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,770/month

33 Days on Market

Highlights

  • Private Pool
  • No HOA
  • 1-Story Property
  • James A. Garfield Senior High School Rated A

About This Home

As of March 2016

2 units; 2 bedroom 1 bath. 1 bedroom 1 bath. close to transportation, schools and stores. carport and parking for a few cars. no rent control area

Last Agent to Sell the Property

Zaira Santiago

Art's Village Realty License #01459577 Listed on: 12/08/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,161

Year Built

  • Built in 1921

Lot Details

  • 7,480 Sq Ft Lot
  • Lot Dimensions are 150 x 50
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 012 / 009
  • Tax Tract Number 10
  • Assessor Parcel Number 5230009012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Trash Expense $300
  • Water Sewer Expense $1,020
  • New Taxes Expense $5,312
  • Gross Income $1,200
  • Net Operating Income $17,918

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,161

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1020.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 5230009012
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 342.74

Exterior Features

  • Pool Features: Fenced
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 150 x 50
  • Lot Size Sq Ft: 7480.00
  • Price Per Lot Square Foot: 56.82
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 650.00
  • Lot Size Area: 7480.0000 Square Feet
  • Net Operating Income: 17918.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 7282.00
  • Rent Control: No
  • Total Actual Rent: 1200.00

Tax Info

  • New Taxes Expense: 5312.00
  • Tax Area: 932
  • Tax Block: 009
  • Tax Lot: 012
  • Tax Tract Number: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2016
Sold by
Ramirez Jorge Favela
Bought by
Campos Henry and Garcia Lucia R
Current Estimated Value
$765,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 5, 2014
Closed on
Sep 9, 2014
Sold by
Nur Khalid
Bought by
Moreno Toni and Moreno Yolanda
Seller's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
Buyer's Agent
APOLO ANDRADE
CENTURY 21 REALTY MASTERS
List Price
$379,000
Sold Price
$380,000
Premium/Discount to List
$1,000
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$367,317
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2009
Sold by
Resmae Mortgage Corporation
Bought by
Nur Khalid

Purchase Details

Closed on
Jul 7, 2009
Sold by
Lira Marisol Ibarra and Ramos Maria C
Bought by
Resmae Mortgage Corporation

Purchase Details

Closed on
Feb 21, 2007
Sold by
Lira Marisol Ibarra
Bought by
Lira Marisol Ibarra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
8.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Lira Marisol Ibarra
Bought by
Lira Marisol Ibarra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.83%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 4, 2003
Sold by
Ramos Maria Cecilia
Bought by
Lira Marisol Ibarra

Purchase Details

Closed on
Oct 17, 2000
Sold by
Cornejo Jesse
Bought by
Ramos Maria Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,651
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 1999
Sold by
Cornejo Evelyn
Bought by
Cornejo Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
7.87%

Purchase Details

Closed on
Nov 11, 1999
Sold by
Development Secretary Of Housing And Urban
Bought by
Cornejo Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
7.87%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Crossland Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Apr 9, 1998
Sold by
Caballero Omar
Bought by
Crossland Mtg Corp

Purchase Details

Closed on
Sep 29, 1995
Sold by
Shimizu Maria Aurora Sanz
Bought by
Shimizu Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,300
Interest Rate
7.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 1995
Sold by
Shimizu Alfred
Bought by
Caballero Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,300
Interest Rate
7.25%
Mortgage Type
FHA
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
Campos Henry -- Wfg
Ramirez Jorge Favela -- Wfg
Moreno Toni $380,000 Wfg Title Company
Nur Khalid $145,000 Orange Coast Title Co Of La
Resmae Mortgage Corporation $216,000 Orange Coast Title
Lira Marisol Ibarra -- Old Republic Title Company
Lira Marisol Ibarra -- United Title Company La
Lira Marisol Ibarra -- --
Ramos Maria Cecilia $165,000 United Title Company
Cornejo Jesse -- United Title
Cornejo Jesse $96,500 United Title
Hud -- Benefit Land Title Ins Co
Crossland Mtg Corp $119,872 Benefit Land Title Ins Co
Shimizu Alfred -- Gateway Title Company
Caballero Omar $64,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Henry $415,000
Previous Owner Campos Henry $417,302
Previous Owner Moreno Toni $367,317
Previous Owner Lira Marisol Ibarra $472,500
Previous Owner Lira Marisol Ibarra $67,000
Previous Owner Lira Marisol Ibarra $280,000
Previous Owner Ramos Maria Cecilia $163,651
Previous Owner Cornejo Jesse $110,500
Previous Owner Caballero Omar $116,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2016 03/22/16 Sold $425,000 0.0% $343 / Sq Ft
01/10/2016 01/10/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $425,000 +11.8% $343 / Sq Ft
09/18/2014 09/18/14 Sold $380,000 +0.3% $317 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $379,000 -- $316 / 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 $7,161 $503,107 $378,812 $124,295
2024 $7,161 $493,243 $371,385 $121,858
2023 $6,874 $483,572 $364,103 $119,469
2022 $6,566 $474,091 $356,964 $117,127
2021 $6,494 $464,796 $349,965 $114,831
2019 $6,304 $451,012 $339,586 $111,426
2018 $6,161 $442,170 $332,928 $109,242
2016 $5,453 $385,795 $203,050 $182,745
2015 $5,372 $380,000 $200,000 $180,000
2014 $4,908 $333,269 $157,947 $175,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15267370

California Regional Multiple Listing Service (CRMLS)

APN: 5230-009-012