NOT LISTED FOR SALE

4780 W 140th St Hawthorne, CA 90250

Estimated Value: $889,000 - $1,178,000

4 Beds
2 Baths
1,560 Sq Ft
$654/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $525,000 $337 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,076/month

7 Days on Market

About This Home

As of June 2016

Great property with lots of potential.. 2 unit property, title shows it as 2 bed 1 bath each unit, but currently front house has 3 bedrooms 2 bath and rear unit has 2 bedrooms 1 bath. This property has some additions that may be un-permitted, in need of some work but nonetheless a great property.

Last Agent to Sell the Property

Gilbert Navarro

Keller Williams SELA License #01301415 Listed on: 08/27/2015

Keller Williams SELA

Last Buyer's Agent

Janeth Pazmino

Keller Williams SELA License #01716493

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,807

Year Built

  • Built in 1950

Lot Details

  • 4,951 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 1 Car Garage
  • Carport
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • 1,560 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 6095
  • Assessor Parcel Number 4043021003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $177
  • Maintenance Expense $480
  • Water Sewer Expense $677
  • New Taxes Expense $6,062
  • Gross Income $1,000
  • Net Operating Income $4,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,807

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 677.00
  • Property Type: Residential Income
  • Parcel Number: 4043021003
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 336.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4951.00
  • Price Per Lot Square Foot: 106.04
  • Lot Size Acres: 0.1140

Multi Family

  • Gross Income: 1000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 177.00
  • Lot Size Area: 4951.0000 Square Feet
  • Maintenance Expense: 480.00
  • Net Operating Income: 4604.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7396.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6062.00
  • Tax Lot: 3
  • Tax Tract Number: 6095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
May 2, 2016
Sold by
Solis Carlos R
Bought by
Hussain Shameem Mohammed and Hussein Zeenat
Seller's Agent
Gilbert Navarro
Keller Williams SELA
Buyer's Agent
Janeth Pazmino
Keller Williams SELA
List Price
$485,000
Sold Price
$525,000
Premium/Discount to List
$40,000
8.25%
Current Estimated Value
$1,020,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,706
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Sep 15, 2015
Sold by
Neri Gloria P
Bought by
Solis Carlos R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2008
Sold by
Neri Gloria P and Melendez Gloria P
Bought by
Neri Gloria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2005
Sold by
Melendez Federico and Melendez Gloria P
Bought by
Melendez Gloria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1996
Sold by
Aigner Helen M
Bought by
Melendez Federico and Melendez Gloria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,649
Interest Rate
8.06%
Mortgage Type
FHA
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
Hussain Shameem Mohammed $585,000 Fidelity National Title
Solis Carlos R $495,000 Fidelity National Title
Neri Gloria P -- Lenders Choice Title Company
Melendez Gloria P -- Alliance Title Company
Melendez Federico $160,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solis Carlos R $321,750
Previous Owner Neri Gloria P $406,000
Previous Owner Melendez Gloria P $395,000
Previous Owner Melendez Federico $156,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2016 06/17/16 Sold $525,000 -10.3% $337 / Sq Ft
06/16/2016 06/16/16 Sold $585,000 0.0% $375 / Sq Ft View Prior Sale
04/12/2016 04/12/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $585,000 +20.6% $375 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $485,000 -- $311 / 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 $8,807 $692,514 $355,136 $337,378
2024 $8,807 $678,936 $348,173 $330,763
2023 $8,486 $665,625 $341,347 $324,278
2022 $8,611 $652,574 $334,654 $317,920
2021 $8,491 $639,780 $328,093 $311,687
2020 $8,467 $633,221 $324,729 $308,492
2019 $8,194 $620,806 $318,362 $302,444
2018 $7,849 $608,634 $312,120 $296,514
2016 $6,411 $495,000 $280,000 $215,000
2015 $2,948 $216,811 $135,509 $81,302
2014 $2,941 $212,565 $132,855 $79,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15190777

California Regional Multiple Listing Service (CRMLS)

APN: 4043-021-003