NOT LISTED FOR SALE

440 E 55th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $716,000 - $831,000

5 Beds
3 Baths
2,249 Sq Ft
$343/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $170,000 $76 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $4,152/month

137 Days on Market

Highlights

  • Modern Architecture
  • No Heating
  • 1-minute walk to South Los Angeles Wetlands Park
  • Wood Siding

About This Home

As of April 2012

Price reduced! This property features three units. The front is two studio units, each with its own bath. The rear unit is a four bedroom, one bath home. This is a Fannie Mae HomePath Property. Purchase for as little as 3% down! The property is approved for HomePath Mortgage Financing. It's also approved for HomePath Renovation Mortgage Financing. Call us today to arrange to see this great opportunity. Agents please see agent remarks below on how to submit your offer. .

Last Agent to Sell the Property

George Gusman

Century 21 Allstars License #01112083 Listed on: 10/16/2011

Century 21 Allstars

Last Buyer's Agent

George Gusman

Century 21 Allstars License #01112083 Listed on: 10/16/2011

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 5,358

Home Design

  • 2,249 Sq Ft Home
  • Modern Architecture
  • Wood Siding
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 5101003032

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 5101003032
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 75.59

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2011
Closed on
Apr 16, 2012
Sold by
Siminou Rozita B
Bought by
Siminou Babak
Seller's Agent
George Gusman
Century 21 Allstars
Buyer's Agent
George Gusman
Century 21 Allstars
List Price
$254,900
Sold Price
$170,000
Premium/Discount to List
-$84,900
-33.31%
Current Estimated Value
$747,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,667
Avg. Annual Appreciation
11.62%
Original Mortgage
$130,000
Outstanding Balance
$89,495
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$680,838

Purchase Details

Listed on
Oct 16, 2011
Closed on
Apr 3, 2012
Sold by
Federal National Mortgage Association
Bought by
Siminou Babak
Seller's Agent
George Gusman
Century 21 Allstars
Buyer's Agent
George Gusman
Century 21 Allstars
List Price
$254,900
Sold Price
$170,000
Premium/Discount to List
-$84,900
-33.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$89,495
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$680,838

Purchase Details

Closed on
Apr 12, 2010
Sold by
Huantes Rodolfo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 2007
Sold by
Huantes Rodolfo and Huantes-Dominguez Rodolfo
Bought by
Huantes Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2004
Sold by
Garcia Ann Marie
Bought by
Dominguez Rodolfo Huantes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Juarez Albert
Bought by
Dominguez Rodolfo Huantes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2004
Sold by
Juarez Albert
Bought by
Juarez Albert and Juarez Erin

Purchase Details

Closed on
Nov 1, 2001
Sold by
Whitaker Howard N and Whittaker Howard M
Bought by
Juarez Albert

Purchase Details

Closed on
Jun 27, 2001
Sold by
Selmanaj Corrine and Corrine Selmanaj Revocable Tru
Bought by
Juarez Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.67%

Purchase Details

Closed on
May 29, 2001
Sold by
Leake Michael Francis
Bought by
The Corrine Selmanaj Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.67%

Purchase Details

Closed on
Aug 7, 2000
Sold by
Suzuki Leake Hiromi
Bought by
Leake Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,100
Interest Rate
8.16%

Purchase Details

Closed on
Jul 26, 2000
Sold by
Ocwen Financial Services Inc
Bought by
Leake Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,100
Interest Rate
8.16%

Purchase Details

Closed on
Apr 3, 2000
Sold by
Montes Josephine R
Bought by
Ocwen Financial Services Inc

Purchase Details

Closed on
May 31, 1994
Sold by
Montes Jurado Francisca Andres and Jurado Martin
Bought by
Montes Josephine R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Siminou Babak -- Stewart Title
Siminou Babak $170,000 Stewart Title Of California
Federal National Mortgage Association $530,660 Landsafe Title
Huantes Rodolfo -- Southland Title
Dominguez Rodolfo Huantes -- North American Title Company
Dominguez Rodolfo Huantes $382,000 North American Title Company
Juarez Albert -- North American Title Company
Juarez Albert -- --
Juarez Albert -- --
Juarez Albert -- --
Juarez Albert $196,909 American Title Co
The Corrine Selmanaj Revocable Trust $150,580 American Title
Leake Michael F -- Chicago Title Co
Leake Michael F $126,000 Chicago Title Co
Ocwen Financial Services Inc $159,108 Chicago Title Co
Montes Josephine R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siminou Babak $130,000
Closed Siminou Babak $130,000
Previous Owner Huantes Rodolfo $468,000
Previous Owner Dominguez Rodolfo Huantes $305,600
Previous Owner Juarez Albert $171,000
Previous Owner Leake Michael F $137,100
Closed Dominguez Rodolfo Huantes $76,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $170,000 -33.3% $76 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
10/16/2011 10/16/11 For Sale $254,900 -- $113 / 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 $2,909 $213,518 $79,125 $134,393
2024 $2,909 $209,332 $77,574 $131,758
2023 $2,859 $205,228 $76,053 $129,175
2022 $2,736 $201,205 $74,562 $126,643
2021 $2,692 $197,260 $73,100 $124,160
2020 $2,713 $195,238 $72,351 $122,887
2019 $2,618 $191,411 $70,933 $120,478
2018 $2,543 $187,659 $69,543 $118,116
2016 $2,411 $180,374 $66,844 $113,530
2015 $2,379 $177,665 $65,840 $111,825
2014 $2,407 $256,567 $95,188 $161,379
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    George Gusman

    Century 21 Allstars

    (562) 806-8030

    2 Total Sales

    George Gusman
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1106523

California Regional Multiple Listing Service (CRMLS)

APN: 5101-003-032

California Los Angeles County Los Angeles 90011 South Park

440 E 55th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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