NOT LISTED FOR SALE

4040 Fairman St Lakewood, CA 90712

Lakewood Mutual Neighborhood

Estimated Value: $853,000 - $931,000

3 Beds
1 Bath
1,154 Sq Ft
$771/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $750,000 $650 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,505/month

Highlights

  • No HOA
  • Neighborhood Views
  • Patio
  • Riley Elementary School Rated 9+
  • Bathtub with Shower
  • Laundry Room

About This Home

As of October 2023

Nice Lakewood home in original condition. Sold off-market and listed in MLS for comp purposes.

Last Agent to Sell the Property

Sharon Amarantos

Sharon Amarantos, Broker License #01063053 Listed on: 10/01/2023

Co-Listed By

Terri Carpentier

Beach Equities License #01957411

Last Buyer's Agent

Sharon Amarantos

Sharon Amarantos, Broker License #01063053 Listed on: 10/01/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,001 Sq Ft Lot
  • Sprinkler System
  • Property is zoned LKR1*

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,154 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Floor Furnace

Community Details

  • No Home Owners Association
  • Lakewood Mutuals Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 17222
  • Assessor Parcel Number 7150018015
  • $542 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lakewood Mutuals (LKMU)
  • View: Yes
  • Zoning: LKR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7150018015
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1154.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 649.91
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148
  • Latitude Manual: 33.83972100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5001.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5713.00
  • Tax Lot: 15
  • Tax Tract Number: 17222
  • TaxOtherAnnualAssessmentAmount: 542.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2023
Closed on
Sep 27, 2023
Sold by
Jones Living Trust
Bought by
Lum Jeffrey and Lum Alexandra
Seller's Agent
Sharon Amarantos
Sharon Amarantos, Broker
Buyer's Agent
Sharon Amarantos
Sharon Amarantos, Broker
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$890,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,085
Avg. Annual Appreciation
8.37%
Original Mortgage
$300,000
Outstanding Balance
$294,101
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$595,984

Purchase Details

Closed on
Aug 19, 1997
Sold by
Jones Dorothy E
Bought by
Jones Dorothy E and The Jones Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lum Jeffrey $750,000 Western Resources Title
Jones Dorothy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lum Jeffrey $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $750,000 0.0% $650 / Sq Ft
10/01/2023 10/01/23 For Sale $750,000 -- $650 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
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 $9,872 $765,000 $660,246 $104,754
2024 $9,872 $750,000 $647,300 $102,700
2023 $1,377 $72,773 $24,231 $48,542
2022 $1,307 $71,347 $23,756 $47,591
2021 $1,272 $69,949 $23,291 $46,658
2019 $1,250 $67,876 $22,601 $45,275
2018 $1,166 $66,546 $22,158 $44,388
2016 $1,074 $63,964 $21,299 $42,665
2015 $1,042 $63,005 $20,980 $42,025
2014 $1,042 $61,772 $20,570 $41,202
Source: Public Records

Agents Affiliated with this Home

  • Sharon Amarantos

    Seller's Agent in 2023

    Sharon Amarantos

    Sharon Amarantos, Broker

    (562) 754-5037

    3 in this area

    103 Total Sales

    Sharon Amarantos
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Terri Carpentier

    Beach Equities

    (562) 596-6600

    2 in this area

    69 Total Sales

    Terri Carpentier
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23181901

California Regional Multiple Listing Service (CRMLS)

APN: 7150-018-015

California Los Angeles County Lakewood 90712 Lakewood Mutual

4040 Fairman St, Lakewood, CA

Not Listed for Sale

Detached

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California Regional Multiple Listing Service (CRMLS) 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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