H
Seller's Agent in 2025
Herman Lee
HERMAN LEE, BROKER
(626) 673-6350
4 in this area
32 Total Sales
4015 Fairmount St Los Angeles, CA 90063
2
Beds
1
Bath
830
Sq Ft
5,765
Sq Ft Lot
Highlights
- Property is near park and public transit
- No HOA
- Cul-De-Sac
- Private Yard
- Neighborhood Views
- 4-minute walk to City Terrace Park
About This Home
As of February 2025Turnkey 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, BROKER Brokerage Phone: 626-673-6350 License #01857752 Listed on: 11/05/2024
Home Details
Home Type
- Single Family
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*
Home Design
- Entry on the 1st floor
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 park and 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,878
Avg. Annual Appreciation
-1.75%
Original Mortgage
$6,400
Outstanding Balance
$5,001
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$625,121
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $101,500 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
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 | $2,550 | $520,000 | $430,400 | $89,600 |
| 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
-
Herman Lee
-
Othoniel Vargas
Buyer's Agent in 2025
Othoniel Vargas
ehomes inc.
(323) 464-9272
1 in this area
9 Total Sales
-
Aaron Mejia
Seller's Agent in 2024
Aaron Mejia
Christie's International Real Estate SoCal
(310) 497-2029
4 in this area
90 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24227813
APN: 5226-037-031
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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