$640,000
SOLD FEB 4, 2025

4015 Fairmount St Los Angeles, CA 90063

2 Beds
1 Bath
830 Sq Ft
5,765 Sq Ft Lot

Recently Sold

$771 Per Sq Ft

2% Below List Price

33 Days on Market

Highlights

  • Property is near a park
  • Private Yard
  • Neighborhood Views
  • James A. Garfield Senior High School Rated A
  • No HOA
  • 4-minute walk to City Terrace Park

About This Home

As of February 2025

Turnkey starter home located in the up-and-coming City Terrace neighborhood with huge ADU potential. This fully remodeled home features an open floor plan including a large living room and an open kitchen. Kitchen features new quartz counter-tops and soft-close cabinets. Fully remodeled bathroom with new copper and PEX plumbing. Bright and roomy bedrooms with large windows. New light fixtures, new vinyl floors, new roof, new paint, new doors and windows, new patio, new range hood, new tankless water-heater, new mini-split AC and heater, walking distance to City Terrace Park and public transportation. R2 lot with a huge backyard is a blank canvas with endless possibilities.

Last Agent to Sell the Property

Herman Lee

HERMAN LEE, BROKER Brokerage Phone: 626-673-6350 License #01857752 Listed on: 11/05/2024

Last Buyer's Agent

Othoniel Vargas

ehomes inc. License #02179368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,550

Year Built

  • Built in 1952

Lot Details

  • 5,765 Sq Ft Lot
  • Cul-De-Sac
  • Rectangular Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned LCR2*

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 8241
  • Assessor Parcel Number 5226037031
  • $735 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,550

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5226037031
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 830.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 771.08
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Rectangular Lot, Near Public Transit, Park Nearby, Walkstreet, Yard
  • Lot Size Sq Ft: 5765.00
  • Lot Size Acres: 0.1323

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5765.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5309.02
  • Tax Lot: 3
  • Tax Tract Number: 8241
  • TaxOtherAnnualAssessmentAmount: 735.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Jan 3, 2025
Sold by
Sapphire Realty Llc
Bought by
Tule River Homebuyer Earned Equity Agency
Seller's Agent
Herman Lee
HERMAN LEE, BROKER
Buyer's Agent
Othoniel Vargas
ehomes inc.
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Views
35
Current Estimated Value
$633,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,959
Avg. Annual Appreciation
-2.74%
Original Mortgage
$6,400
Outstanding Balance
$6,006
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$626,390

Purchase Details

Listed on
Mar 28, 2024
Closed on
Aug 8, 2024
Sold by
Arana Jorge G and Arana Dora V
Bought by
Sapphire Realty Llc
Seller's Agent
Aaron Mejia
Christie's International Real Estate SoCal
Buyer's Agent
Aaron Mejia
Christie's International Real Estate SoCal
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.55%

Purchase Details

Closed on
Jan 21, 1998
Sold by
Gruzen Jack and Gruzen Guta
Bought by
Arana Jorge A and Arana Dora V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $640,000 Westcor Land Title Insurance C
Grant Deed $520,000 Wfg National Title
Grant Deed $101,900 North American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,400 New Conventional
Open $628,408 FHA
Previous Owner $200,000 Unknown
Previous Owner $157,300 Unknown
Previous Owner $143,500 Fannie Mae Freddie Mac
Previous Owner $96,831 FHA
Previous Owner $18,988 Unknown
Previous Owner $15,000 Credit Line Revolving
Previous Owner $101,500 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $640,000 -1.5% $771 / Sq Ft
12/11/2024 12/11/24 For Sale $650,000 +1.6% $783 / Sq Ft
12/08/2024 12/08/24 Off Market $640,000 -- --
12/02/2024 12/02/24 Price Changed $650,000 -3.7% $783 / Sq Ft
11/05/2024 11/05/24 For Sale $675,000 +29.8% $813 / Sq Ft
08/15/2024 08/15/24 Sold $520,000 -5.5% $627 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $550,000 -8.2% $663 / Sq Ft
03/28/2024 03/28/24 For Sale $599,000 -- $722 / 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
2024 $2,550 $159,488 $95,478 $64,010
2023 $2,509 $156,361 $93,606 $62,755
2022 $2,405 $153,296 $91,771 $61,525
2021 $2,374 $150,291 $89,972 $60,319
2019 $2,307 $145,835 $87,304 $58,531
2018 $2,231 $142,977 $85,593 $57,384
2016 $2,133 $137,426 $82,270 $55,156
2015 $2,101 $135,363 $81,035 $54,328
2014 $2,103 $132,712 $79,448 $53,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24227813

California Regional Multiple Listing Service (CRMLS)

APN: 5226-037-031