NOT LISTED FOR SALE

408 E 61st St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $464,000 - $728,660

2 Beds
1 Bath
1,097 Sq Ft
$550/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $267,000 $243 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,489/month

55 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Wall Furnace
  • Dining Room
  • Vinyl Flooring
  • 3-minute walk to Avalon and Gage Park

About This Home

As of February 2016

Great starting home, according to the property profile is 2 bedrooms 1 bath. The property is 3 bedrooms 2 baths. Owner said that's the way he bought it. The addition might been done without a permit. Buyer to verify himself as far are the permits. This is a very cozy home.
It has a motor gate for the front entrance, and a separate motor gate fence for the back yard.
Very nice appealing house.
Show it, your buyers will love it!

Last Agent to Sell the Property

Gloria Montelongo

MONTELONGO REALTY SERVICES License #00605001 Listed on: 10/06/2015

Last Buyer's Agent

Allen Herion

Engel & Völkers Burbank License #00876616

Engel & Völkers Burbank

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1909

Lot Details

  • 5,400

Home Design

  • Cosmetic Repairs Needed
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,097 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Available
  • Driveway

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Additional Features

  • 5,400 Sq Ft Lot
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2392
  • Assessor Parcel Number 6006023016

Home Details

Home Type

Single Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6006023016
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1097.00
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 243.39
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Vented Exhaust Fan
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Lot Size Sq Ft: 5400.00
  • Price Per Lot Square Foot: 49.44
  • Lot Size Acres: 0.1240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 2392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2015
Sold by
Ramirez Jose Antonio
Bought by
Ayala Douglas and Ayala Carmen
Current Estimated Value
$602,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2004
Sold by
Gonzalez Aracely
Bought by
Ramirez Jose Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,500
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2001
Sold by
Ramirez Jose Antonio
Bought by
Ramirez Jose Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,436
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 1993
Sold by
Ramirez Jose Antonio and Gonzalez Aracely
Bought by
Ramirez Jose Antonio
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ayala Douglas $267,000 Provident Title
Ramirez Jose Antonio -- North American Title Co
Ramirez Jose Antonio -- First American Title Ins Co
Ramirez Jose Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Douglas $213,600
Previous Owner Ramirez Jose Antonio $170,500
Previous Owner Ramirez Jose Antonio $97,436
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $267,000 -9.5% $243 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $294,999 -- $269 / 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 $3,963 $316,066 $252,855 $63,211
2024 $3,963 $309,870 $247,898 $61,972
2023 $3,889 $303,795 $243,038 $60,757
2022 $3,711 $297,839 $238,273 $59,566
2021 $3,663 $292,000 $233,601 $58,399
2019 $3,556 $283,341 $226,673 $56,668
2018 $3,506 $277,786 $222,229 $55,557
2016 $2,109 $163,232 $118,058 $45,174
2015 $2,080 $160,781 $116,285 $44,496
2014 $2,096 $157,633 $114,008 $43,625
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gloria Montelongo

    MONTELONGO REALTY SERVICES

    (626) 485-4130

    9 Total Sales

    Gloria Montelongo
    Section Image

  • A

    Buyer's Agent in 2016

    Allen Herion

    Engel & Völkers Burbank

    (310) 867-4204

    6 Total Sales

    Allen Herion
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15217805

California Regional Multiple Listing Service (CRMLS)

APN: 6006-023-016

California Los Angeles County Los Angeles 90003 Florence

408 E 61st St, Los Angeles, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes