NOT LISTED FOR SALE

5227 Elmwood Ave Unit 1 Lynwood, CA 90262

Estimated Value: $625,000 - $783,000

3 Beds
2.5 Baths
1,658 Sq Ft
$439/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $500,000 $302 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,735/month

67 Days on Market

Highlights

  • Loft
  • Double Pane Windows
  • Laundry Room
  • 2 Car Attached Garage
  • Living Room
  • Central Air

About This Home

As of October 2019

New construction! Front unit..... Be the first to own and live in one of these beautiful and functional 3 bed/2.5 bath home in a 3-unit development. You will feel welcomed stepping into this open floor plan. The modern kitchen has marble counter tops, custom cabinets, Engineered hardwood flooring, recessed lighting and central air and heat are found throughout the home. All three bedrooms are found upstairs. The master suite includes a full bath and over sized deep closet. Each bathroom has custom tile work. Upstairs TV loft Area,emergency fire system,tank-less water heater, 2-car attached garage electric car plug ready, and is conveniently located near Shopping, Freeways, Schools.

Last Agent to Sell the Property

Rene Fuentes

EXCELLENCE RE REAL ESTATE License #01318212 Listed on: 06/26/2019

Last Buyer's Agent

Rene Fuentes

EXCELLENCE RE REAL ESTATE License #01318212 Listed on: 06/26/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,667

Year Built

  • Built in 2019

Lot Details

  • 10,376

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,658 Sq Ft Home
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Living Room
  • Loft

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Additional Features

  • ENERGY STAR Qualified Equipment
  • No Common Walls
  • Urban Location
  • Central Air

Community Details

  • Master Insurance
  • 3 Units
  • Ics Association, Phone Number (323) 816-1888

Listing and Financial Details

  • Tax Lot 0001
  • Tax Tract Number 1

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,667

Year Built

Built in 2019

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1658.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 301.57
  • Room Type: All Bedrooms Up, Living Room, Loft, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee: 160.00
  • Association Fee Frequency: Monthly
  • Association Name: ICS
  • Phone: 3238161888
  • Senior Community: No
  • Community Features: Urban
  • Association Management: ICS

Schools

  • School District: Lynwood Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 10375.00
  • Lot Size Acres: 0.2382

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10375.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0001
  • Tax Tract Number: 0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 4, 2019
Sold by
Zuniga Marlyn
Bought by
Olivares Cristina and Ramirez Raul Hernandez
Seller's Agent
Rene Fuentes
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Rene Fuentes
EXCELLENCE RE REAL ESTATE
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Current Estimated Value
$727,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,952
Avg. Annual Appreciation
5.57%
Original Mortgage
$490,943
Outstanding Balance
$433,007
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$255,375

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 3, 2019
Sold by
Hernandez Maria I
Bought by
Ramirez Raul Hernandez
Seller's Agent
Rene Fuentes
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Rene Fuentes
EXCELLENCE RE REAL ESTATE
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Outstanding Balance
$433,007
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$255,375
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
Olivares Cristina $500,000 Fidelity National Title
Ramirez Raul Hernandez -- Fidelity National Title Co
Ramirez Raul Hernandez -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivares Cristina $490,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $500,000 0.0% $302 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $499,990 -1.0% $302 / Sq Ft
08/12/2019 08/12/19 Price Changed $504,990 -0.4% $305 / Sq Ft
08/05/2019 08/05/19 Price Changed $506,900 -0.6% $306 / Sq Ft
06/26/2019 06/26/19 For Sale $510,000 -- $308 / 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 $7,667 $552,287 $245,521 $306,766
2024 $7,667 $541,458 $240,707 $300,751
2023 $7,610 $530,842 $235,988 $294,854
2022 $7,333 $520,434 $231,361 $289,073
2021 $7,060 $510,230 $226,825 $283,405
2020 $6,732 $505,000 $224,500 $280,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19150984

California Regional Multiple Listing Service (CRMLS)

APN: 6194-006-026