NOT LISTED FOR SALE

515 W 49th Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $689,000 - $847,000

2 Beds
2 Baths
1,400 Sq Ft
$528/Sq Ft Est. Value

Last Sold January 12, 2013

Last sale price $252,000 $180 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $4,267/month

63 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Heating System Uses Natural Gas

About This Home

As of January 2013

Duplex property with seperate driveways. Both units are fully remodeled with laundry hook ups in both units. Both units feature 2bedrooms and 1full bath. Partial hardwood and carpet flooring. New kitchen cabinets with granite countertops with new faucet fixtures as well as new light fixtures. Bedrooms are very spacious. Property is conveniently located near the 110fwy and Southern California University. Minutes away from downtown LA. Property can be occupied by owner and other unit can provide rental income to help with mortgage payment. Bring your clients direct today!

Last Agent to Sell the Property

Cesar Montano

Corcoran Global Living License #01447446 Listed on: 09/26/2012

Last Buyer's Agent

Youngtae Kim

Coldwell Banker Best Realty License #01916930

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,944

Year Built

  • Built in 1921

Lot Details

  • 4,182

Home Design

  • 1,400 Sq Ft Home
  • Shingle Roof
  • Stucco

Flooring

  • Wood
  • Carpet

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • Granite Countertops
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 5018023050

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,944

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5018023050
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Flooring: Carpet, Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 180.00

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 4182

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2

Tax Info

  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2012
Closed on
Jan 28, 2013
Sold by
Mendez Marcus A
Bought by
Riley Kevin D
Seller's Agent
Cesar Montano
Corcoran Global Living
Buyer's Agent
Youngtae Kim
Coldwell Banker Best Realty
List Price
$270,000
Sold Price
$252,000
Premium/Discount to List
-$18,000
-6.67%
Current Estimated Value
$738,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,992
Avg. Annual Appreciation
8.67%
Original Mortgage
$226,800
Interest Rate
3.33%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2011
Closed on
Mar 21, 2012
Sold by
Montano Investments Inc
Bought by
Mendez Marcus
Seller's Agent
Jonathan Anozie
The Realty Exchange Firm
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.11%

Purchase Details

Listed on
Nov 15, 2011
Closed on
Feb 9, 2012
Sold by
Hsbc Bank Usa Na
Bought by
Montano Investments Inc
Seller's Agent
Jonathan Anozie
The Realty Exchange Firm
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%

Purchase Details

Closed on
Sep 30, 2010
Sold by
Davis Wendell
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jan 22, 2007
Sold by
Davis Trevina
Bought by
Davis Wendell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization
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
Riley Kevin D $252,000 Provident Title
Mendez Marcus -- None Available
Montano Investments Inc $150,000 Landsafe Title
Hsbc Bank Usa Na $171,000 Landsafe
Davis Wendell -- First American Title Co
Davis Wendell $435,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Riley Kevin D $0
Open Riley Kevin D $257,100
Closed Riley Kevin D $263,000
Closed Riley Kevin D $262,500
Closed Riley Kevin D $226,800
Previous Owner Davis Wendell $348,000
Previous Owner First Bethany Missionary Baptist Church $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2013 01/12/13 Sold $252,000 -6.7% $180 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $270,000 +80.0% $193 / Sq Ft
03/07/2012 03/07/12 Sold $150,000 -16.6% $107 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
11/15/2011 11/15/11 For Sale $179,900 -- $129 / 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 $3,944 $310,308 $185,939 $124,369
2024 $3,944 $304,225 $182,294 $121,931
2023 $3,875 $298,261 $178,720 $119,541
2022 $3,705 $292,414 $175,216 $117,198
2021 $3,653 $286,681 $171,781 $114,900
2019 $3,548 $278,180 $166,687 $111,493
2018 $3,470 $272,726 $163,419 $109,307
2016 $3,312 $262,137 $157,074 $105,063
2015 $3,266 $258,200 $154,715 $103,485
2014 $3,290 $253,143 $151,685 $101,458
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Cesar Montano

    Corcoran Global Living

  • Y

    Buyer's Agent in 2013

    Youngtae Kim

    Coldwell Banker Best Realty

  • Jonathan Anozie

    Seller's Agent in 2012

    Jonathan Anozie

    The Realty Exchange Firm

    (310) 678-8138

    29 Total Sales

    Jonathan Anozie
    Section Image

  • S

    Buyer's Agent in 2012

    Subscriber Non

    Non-Participant Office

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1205081

California Regional Multiple Listing Service (CRMLS)

APN: 5018-023-050

California Los Angeles County Los Angeles 90037 Vermont Square

515 W 49th Place, Los Angeles, CA

This home is located at 515 W 49th Place, Los Angeles, CA 90037 since 26 September 2012 and is currently estimated at $738,992, approximately $527 per square foot. This property was built in 1921. 515 W 49th Place is a home located in Los Angeles County with nearby schools including Fifty-Second Street Elementary School, John Muir Middle School, and Augustus F. Hawkins High A Critical Design And Gaming.

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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