NOT LISTED FOR SALE

Estimated Value: $194,751 - $1,190,000

0.26 Acres
$2,007,369 Price per Acre
11,475 Sq Ft Lot

Sale Details

Date Sold: December 11, 2013

Last sale price $100,000

Est. 428% increase in value since last sale

Current estimated payment $2,942 / mo

9 Days on Market

Highlights

  • City Lights View
  • Mount Washington Elementary Rated A-
  • Foothills

About This Lot

As of December 2013

This home is located at 451 Rainbow Ave, Los Angeles, CA 90065 since 25 November 2013 and is currently estimated at $527,938. 451 Rainbow Ave is a home located in Los Angeles County with nearby schools including Mount Washington Elementary, Latona Avenue Elementary School, and Franklin Middle School & High School.

Last Agent to Sell the Property

Jacinto Mena

Jacinto Orlando Mena License #00620957 Listed on: 11/25/2013

Last Buyer's Agent

Jacinto Mena

Jacinto Orlando Mena License #00620957 Listed on: 11/25/2013

Property Details

Property Type

  • Land

Lot Details

  • 11,475 Sq Ft Lot
  • Property is zoned RE40

Property Views

  • City Lights Views

Community Details

  • Property has a Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 5465005009

Property Details

Property Type

Land

Lot Details

0.26 Acres

Listing Details

  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: RE40
  • Property Type: Land
  • Parcel Number: 5465005009
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 8.71

Exterior Features

  • View: City Lights

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Foothills

Lot Info

  • Lot Size Sq Ft: 11475.00
  • Lot Size Acres: 0.2630

Multi Family

  • Lot Size Area: 11475.0000 Square Feet

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2013
Closed on
Dec 5, 2013
Sold by
Mcgrew James
Bought by
Adobe Lumber Corporation
Seller's Agent
Jacinto Mena
Jacinto Orlando Mena
Buyer's Agent
Jacinto Mena
Jacinto Orlando Mena
List Price
$159,000
Sold Price
$100,000
Premium/Discount to List
-$59,000
-37.11%
Current Estimated Value
$527,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,938
Avg. Annual Appreciation
14.43%

Purchase Details

Closed on
Jan 6, 2012
Sold by
Reyes Jesus and The Jesus Reyes Revocable Livi
Bought by
Mcgrew James and Mcgrew Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 2005
Sold by
Fierro Sosimo C and The Sosimo C Fierro & Alyce H
Bought by
Reyes Jesus

Purchase Details

Closed on
Jun 8, 1994
Sold by
Fierro Sosimo C and Fierro Alyce H
Bought by
Fierro Sosimo C
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
Adobe Lumber Corporation $100,000 Old Republic Title Company
Mcgrew James $400,000 Lawyers Title Company
Reyes Jesus $125,000 Commonwealth Title
Fierro Sosimo C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgrew James $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2013 12/11/13 Sold $100,000 -37.1% --
12/04/2013 12/04/13 Pending -- -- --
11/25/2013 11/25/13 For Sale $159,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,473 $122,581 $122,581 --
2024 $1,473 $120,178 $120,178 --
2023 $1,444 $117,822 $117,822 $0
2022 $1,373 $115,512 $115,512 $0
2021 $1,358 $113,248 $113,248 $0
2020 $1,370 $112,087 $112,087 $0
2019 $1,316 $109,890 $109,890 $0
2018 $1,317 $107,736 $107,736 $0
2016 $1,259 $103,553 $103,553 $0
2015 $1,239 $101,998 $101,998 $0
2014 $1,348 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13238134

California Regional Multiple Listing Service (CRMLS)

APN: 5465-005-009

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