NOT LISTED FOR SALE

518 Elm Ave Inglewood, CA 90301

Estimated Value: $678,000 - $762,000

2 Beds
1 Bath
903 Sq Ft
$801/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $470,000 $520 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,513/month

70 Days on Market

Highlights

  • Main Floor Bedroom
  • Neighborhood Views
  • Living Room
  • No HOA
  • Enclosed Patio or Porch
  • Laundry Room

About This Home

As of September 2018

Charming two bedroom unit on a large lot. Livable as is or a great flipping opportunity. Large 2 car detached garage in back with additional bedroom and bathroom. Tenants/lease may convey with sale OR management may issue a 60 day notice to terminate the lease.

Last Agent to Sell the Property

Robert Schlesier

Utopia Real Estate License #00830296 Listed on: 06/14/2018

Last Buyer's Agent

Donna Carleo

West Shores Realty, Inc. License #00657435

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,856

Year Built

  • Built in 1940

Lot Details

  • 5,060 Sq Ft Lot
  • Level Lot
  • Front Yard
  • Property is zoned INR2YY

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 903 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • No Interior Steps
  • Enclosed Patio or Porch
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 61
  • Tax Tract Number 6232
  • Assessor Parcel Number 4022009009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,856

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 8582011828
  • Property Attached: No
  • View: Yes
  • Zoning: INR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4022009009
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 903.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 520.49
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Enclosed
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Inglewood Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street
  • Lot Size Sq Ft: 5060.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6014.02
  • Tax Lot: 61
  • Tax Tract Number: 6232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 29, 2018
Sold by
Dow Melissa and The Rowena M Ake 2005 Revocabl
Bought by
Roberts Gregory C and Roberts Chris Y
Seller's Agent
Robert Schlesier
Utopia Real Estate
Buyer's Agent
Donna Carleo
West Shores Realty, Inc.
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%
Current Estimated Value
$723,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,489
Avg. Annual Appreciation
6.52%
Original Mortgage
$446,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2015
Sold by
Ake Rowena M and Rowena M Ake 2005 Revocable Tr
Bought by
Ake Rowena M and Rowena M Ake 2005 Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,550
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2008
Sold by
Ake Rowena M
Bought by
Ake Rowena M and The Rowena M Ake Declaration O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Ake Rowena M and The Rowena M Ake Declaration O
Bought by
Ake Rowena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 1996
Sold by
Ake Rowena and Ake Rowena M
Bought by
Ake Rowena M and The Rowena M Ake Declaration T
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
Roberts Gregory C $470,000 Stewart Title
Ake Rowena M -- None Available
Ake Rowena M -- None Available
Ake Rowena M -- Accommodation
Ake Rowena M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Gregory C $453,100
Closed Roberts Gregory C $450,000
Closed Roberts Gregory C $446,500
Previous Owner Ake Rowena M $248,550
Previous Owner Ake Rowena M $266,000
Previous Owner Ake Rowena $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $470,000 -1.9% $520 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/06/2018 08/06/18 Price Changed $479,000 -2.0% $530 / Sq Ft
07/19/2018 07/19/18 For Sale $489,000 0.0% $542 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $489,000 -- $542 / 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 $6,856 $524,289 $419,432 $104,857
2024 $6,856 $514,009 $411,208 $102,801
2023 $6,787 $503,932 $403,146 $100,786
2022 $6,916 $494,052 $395,242 $98,810
2021 $6,855 $484,366 $387,493 $96,873
2020 $6,549 $479,400 $383,520 $95,880
2019 $6,441 $470,000 $376,000 $94,000
2018 $1,993 $123,564 $68,096 $55,468
2016 $1,890 $118,767 $65,452 $53,315
2015 $1,872 $116,984 $64,469 $52,515
2014 $1,876 $114,694 $63,207 $51,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18143916

California Regional Multiple Listing Service (CRMLS)

APN: 4022-009-009