NOT LISTED FOR SALE

4242 Mandalay Dr Los Angeles, CA 90063

Estimated Value: $551,000 - $668,781

2 Beds
2 Baths
1,040 Sq Ft
$595/Sq Ft Est. Value

Last Sold March 02, 2013

Last sale price $223,000 $214 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $3,730/month

36 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • Rectangular Lot
  • Abraham Lincoln High School Rated A
  • No HOA
  • Wall Furnace

About This Home

As of March 2013

This property is close to all including Downtown Los Angeles, Cal State L.A. and most major fwys. This is a cozy duplex, each unit has 1 bedroom and 1 bathroom. This property is a fixer, but has great potential for passive income.

Last Agent to Sell the Property

SUSAN CHOQUETTE

RE/MAX INNOVATIONS License #01712129 Listed on: 01/04/2013

RE/MAX INNOVATIONS

Last Buyer's Agent

Stanley Jen

Summit Mortgage & Realty License #00970924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,326

Year Built

  • Built in 1924

Lot Details

  • 3,719 Sq Ft Lot
  • Rectangular Lot
  • Level Lot

Interior Spaces

  • 1,040 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 262
  • Tax Tract Number 7812
  • Assessor Parcel Number 5226013017

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,326

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5226013017
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1040.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 214.42
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: Level, Rectangular Lot
  • Lot Size Sq Ft: 3719.00
  • Lot Size Acres: 0.0850

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3719.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 262
  • Tax Tract Number: 7812

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Feb 20, 2013
Sold by
Wu Da Zhi
Bought by
Huang Wan Bing
Seller's Agent
SUSAN CHOQUETTE
RE/MAX INNOVATIONS
Buyer's Agent
Stanley Jen
Summit Mortgage & Realty
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Current Estimated Value
$618,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,445
Avg. Annual Appreciation
8.83%

Purchase Details

Listed on
Jan 4, 2013
Closed on
Feb 6, 2013
Sold by
Martinez Lydia
Bought by
Huang Wan Bing and Wu Zhou Run
Seller's Agent
SUSAN CHOQUETTE
RE/MAX INNOVATIONS
Buyer's Agent
Stanley Jen
Summit Mortgage & Realty
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%

Purchase Details

Closed on
Aug 18, 2011
Sold by
Martinez Charlotte
Bought by
Martinez Lydia

Purchase Details

Closed on
Jun 29, 2005
Sold by
Martinez Charlotte
Bought by
Martinez Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Huang Wan Bing -- North American Title
Huang Wan Bing $223,000 North American Title
Martinez Lydia -- None Available
Martinez Lydia -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Lydia $174,000
Previous Owner Martinez Lydia $170,000
Previous Owner Martinez Reinaldo J $88,391
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2013 03/02/13 Sold $223,000 -3.0% $214 / Sq Ft
02/09/2013 02/09/13 Pending -- -- --
01/22/2013 01/22/13 Price Changed $230,000 +2.2% $221 / Sq Ft
01/04/2013 01/04/13 For Sale $225,000 -- $216 / 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 $4,326 $274,596 $163,775 $110,821
2024 $4,326 $269,213 $160,564 $108,649
2023 $4,088 $263,935 $157,416 $106,519
2022 $3,917 $258,761 $154,330 $104,431
2021 $3,870 $253,688 $151,304 $102,384
2019 $3,762 $246,166 $146,817 $99,349
2018 $3,694 $241,340 $143,939 $97,401
2016 $3,544 $231,970 $138,350 $93,620
2015 $3,493 $228,486 $136,272 $92,214
2014 $3,496 $224,011 $133,603 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13001346

California Regional Multiple Listing Service (CRMLS)

APN: 5226-013-017