NOT LISTED FOR SALE

505 S Ferris Ave Los Angeles, CA 90022

Estimated Value: $743,000 - $828,000

3 Beds
2 Baths
1,155 Sq Ft
$675/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $510,000 $442 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,832/month

13 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property
  • James A. Garfield Senior High School Rated A
  • Laundry Room

About This Home

As of June 2019

Charming remodeled house with new quartz kitchen counter top, brand new white cabinets, brand new stainless steel appliances. New laminate floor through the whole house. Fresh paint interior and exterior, new light fixture, brand new water heater, beautiful upgraded new bathroom with new vanity set, new garage door, green fruity tree, nice neighborhood, great location, completely move in condition!!!

Last Agent to Sell the Property

Crystal He

Real Estate Source, Inc License #01849507 Listed on: 05/10/2019

Real Estate Source, Inc

Last Buyer's Agent

Jovani Pina

Keller Williams Pacific Estates License #01959832

Keller Williams Pacific Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,391

Year Built

  • Built in 1971

Lot Details

  • 6,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR2YY

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,155 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4074
  • Assessor Parcel Number 5248018038

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,391

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 9499033063
  • Property Attached: No
  • View: No
  • Zoning: LCR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5248018038
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1155.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 441.56
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5316.03
  • Tax Lot: 1
  • Tax Tract Number: 4074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
May 24, 2019
Sold by
Han Xiumel
Bought by
Ramirez Mario A and Payan Diana L
Seller's Agent
Crystal He
Real Estate Source, Inc
Buyer's Agent
Jovani Pina
Keller Williams Pacific Estates
List Price
$498,800
Sold Price
$510,000
Premium/Discount to List
$11,200
2.25%
Current Estimated Value
$779,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,829
Avg. Annual Appreciation
6.71%
Original Mortgage
$459,000
Outstanding Balance
$403,601
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$359,652

Purchase Details

Closed on
Feb 11, 2019
Sold by
Wong Dennis and The Ting May Wong Trust
Bought by
Han Xiumei
Source: Public Records

Range of Values:

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Average Value
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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
Ramirez Mario A $510,000 Priority Title
Han Xiumei $350,000 Wfg Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Mario A $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $510,000 +2.2% $442 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $498,800 -- $432 / 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 $7,391 $568,910 $429,138 $139,772
2024 $7,391 $557,756 $420,724 $137,032
2023 $7,263 $546,821 $412,475 $134,346
2022 $6,918 $536,100 $404,388 $131,712
2021 $6,840 $525,589 $396,459 $129,130
2019 $4,396 $316,981 $190,649 $126,332
2018 $1,335 $64,801 $25,829 $38,972
2016 $1,270 $62,286 $24,827 $37,459
2015 $1,252 $61,352 $24,455 $36,897
2014 $1,255 $60,151 $23,976 $36,175
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Crystal He

    Real Estate Source, Inc

    (949) 903-3063

    1 in this area

    9 Total Sales

    Crystal He
    Section Image
  • Jovani Pina

    Buyer's Agent in 2019

    Jovani Pina

    Keller Williams Pacific Estates

    (562) 457-9490

    75 Total Sales

    Jovani Pina
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19109019

California Regional Multiple Listing Service (CRMLS)

APN: 5248-018-038

California Los Angeles County Los Angeles 90022

505 S Ferris Ave, Los Angeles, CA

This home is located at 505 S Ferris Ave, Los Angeles, CA 90022 since 10 May 2019 and is currently estimated at $779,829, approximately $675 per square foot. This property was built in 1971. 505 S Ferris Ave is a home located in Los Angeles County with nearby schools including Humphreys Avenue Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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