NOT LISTED FOR SALE

Estimated Value: $1,213,000 - $4,684,000

-- Bed
-- Bath
4,174 Sq Ft
$628/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $315,000 $75 Per Sq Ft

Est. 732% increase in value since last sale

Current estimated payment $16,914/month

40 Days on Market

About This Home

As of April 2012

Buyer MUST verify the number of units, zoning and current use of the property. The property is located on Jefferson Boulevard, west of Crenshaw in a highly dense populated area with direct access to public transpotation and the Santa Monica 910) Freeway. Two lots; 5050-027-061 and 5050-027-060

Last Agent to Sell the Property

Joe Kimaz

The Madison Real Estate Group Inc. License #01884320 Listed on: 02/10/2012

Last Buyer's Agent

Leila Raeen

Leila Raeen License #01870066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,861

Year Built

  • Built in 1946

Lot Details

  • 0.27 Acre Lot

Parking

  • 8 Parking Spaces

Interior Spaces

  • 4,174 Sq Ft Home
  • 2-Story Property

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 5050-027-060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,861

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4174
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 83.61

Exterior Features

  • Pool: No

Garage/Parking

  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 108242
  • Assessed Land Value: 432972
  • Assessor Parcel Number: 5050-027-060
  • Lot Size Area: 11901

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 1
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: fiveplex
  • Vacancy Rate: 40%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2015
Sold by
Amar Edan
Bought by
4011 Jefferson Llc
Current Estimated Value
$2,619,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2010
Sold by
Jones Mark
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 1, 2002
Sold by
Hayworth Jerell
Bought by
Mawu Serle

Purchase Details

Closed on
Feb 2, 2001
Sold by
Popper Stacey M
Bought by
Hayworth Jerell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 27, 1996
Sold by
Kight Edward and Kight Maecine
Bought by
Community Thrift & Loan

Purchase Details

Closed on
Mar 14, 1996
Sold by
Improta Michele
Bought by
Improta Ana J
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
4011 Jefferson Llc $2,600,000 Chicago Title
Deutsche Bank National Trust Company $410,000 Accommodation
Mawu Serle -- --
Hayworth Jerell $180,000 Investors Title Company
Popper Stacey M -- Investors Title Company
Community Thrift & Loan $112,040 Stewart Title
Improta Ana J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4011 Jefferson Llc $3,983,000
Closed 4011 Jefferson Llc $1,065,000
Closed 4011 Jefferson Llc $1,300,000
Previous Owner Hayworth Jerell $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2012 04/04/12 Sold $315,000 -9.7% $75 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $349,000 -- $84 / 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 $30,861 $2,604,345 $1,598,122 $1,006,223
2024 $30,861 $2,553,281 $1,566,787 $986,494
2023 $30,257 $2,503,217 $1,536,066 $967,151
2022 $28,837 $2,454,136 $1,505,948 $948,188
2021 $28,503 $2,406,017 $1,476,420 $929,597
2019 $27,642 $2,334,656 $1,432,630 $902,026
2018 $27,476 $2,288,880 $1,404,540 $884,340
2016 $26,314 $2,200,000 $1,350,000 $850,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-581719

The MLS

APN: 5050-027-064