NOT LISTED FOR SALE

505 Margaret Ave Los Angeles, CA 90022

Estimated Value: $585,000 - $755,000

3 Beds
1 Bath
876 Sq Ft
$744/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $245,000 $280 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,902/month

18 Days on Market

Highlights

  • Family Room Off Kitchen
  • Fireplace
  • Heating System Uses Natural Gas
  • James A. Garfield Senior High School Rated A

About This Home

As of August 2012

MOVE IN READY!! FHA OK! Perfect First Time buyer home!!!! BRIGHT AND OPEN 3 Bedroom and 1 bath Family home. Centrally located to shopping and transportation. Huge lot! plenty of parking!! Must See!

Last Agent to Sell the Property

Norma Ramirez

VIP RE Firm License #01718539 Listed on: 06/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1928

Lot Details

  • 5,176 Sq Ft Lot
  • Lot Dimensions are 41x125

Home Design

  • Stucco

Interior Spaces

  • 876 Sq Ft Home
  • Fireplace
  • Family Room Off Kitchen
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 307
  • Tax Tract Number 7193
  • Assessor Parcel Number 6341020038

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,221

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 323-253-3772
  • Property Attached: No
  • Subdivision Name Other: 7193
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6341020038
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 876.00
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Levels: One
  • Price Per Square Foot: 279.68

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 41x125
  • Lot Size Sq Ft: 5176.00
  • Lot Size Acres: 0.1190

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5176.0000 Square Feet

Tax Info

  • Tax Lot: 307
  • Tax Tract Number: 7193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2012
Closed on
Aug 6, 2012
Sold by
Diaz Infante Jose and Estate Of Juan Diaz Infante
Bought by
Arana Cuauhtemoc and Acevedo Nery
Seller's Agent
Norma Ramirez
VIP RE Firm
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$651,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,466
Avg. Annual Appreciation
7.81%
Original Mortgage
$240,562
Interest Rate
3.56%
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
Arana Cuauhtemoc $245,000 Calcounties Title Nation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arana Cuauhtemoc $110,000
Open Arana Cuahtemoc $315,000
Closed Arana Cuauhtemoc $217,504
Closed Arana Cuauhtemoc $240,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $245,000 0.0% $280 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $245,000 -- $280 / 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 $4,221 $301,688 $205,026 $96,662
2024 $4,221 $295,773 $201,006 $94,767
2023 $4,150 $289,974 $197,065 $92,909
2022 $3,926 $284,289 $193,201 $91,088
2021 $3,879 $278,715 $189,413 $89,302
2019 $3,763 $270,450 $183,796 $86,654
2018 $3,664 $265,148 $180,193 $84,955
2016 $3,508 $254,854 $173,197 $81,657
2015 $3,454 $251,027 $170,596 $80,431
2014 $3,453 $246,111 $167,255 $78,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1203219

California Regional Multiple Listing Service (CRMLS)

APN: 6341-020-038