H
Seller's Agent in 2024
Heidi Ludwig
Redfin Corporation
561 E Opp St Los Angeles, CA 90744
Estimated Value: $259,982
7
Beds
2
Baths
400
Sq Ft
$650/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- 1-Story Property
About This Home
As of September 2024Located in the heart of Wilmington, on a corner R2 lot....there are a few possibilities here for a potential developer/buyer. There are essentially 2 sections of the lot, one is contained by a chain link fence by the City to protect the historic monument, one is a large grassy and flat lot which appears to be about 4,000 sq ft (buyer to verify) of area to develop.
The structure itself is a Civil War-era Powder Magazine, built in 1862, used to store gunpowder for the nearby Camp Drum. See link here:
Current Sellers inherited the property that was purchased in the 1970's as a Duplex. When the Seller went to tear the duplex down to rebuild in the 80's I believe, the powder magazine was discovered and revealed. The City claimed it as a historic monument and the owner decided not to build.
According to my title rep, It was declared a Historical Monument in 1982, but they didn’t record the Resolution until 1994. The document indicates it is Historic-Cultural Monument No. 249. The property is also being sold with Mineral Rights.
Please feel free to do a field trip to drive by and check it out and do not hesitate to reach out to me with any questions, I'll do my best to answer them!
Last Agent to Sell the Property
Heidi Ludwig
Redfin Corporation Brokerage Phone: 310-920-2129 License #01400091 Listed on: 10/24/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1871
Lot Details
- 5,926 Sq Ft Lot
- No Common Walls
- Corner Lot
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 400 Sq Ft Home
- 1-Story Property
Location
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 42
- Tax Tract Number 1481
- Assessor Parcel Number 7423025029
- $221 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2023
Closed on
Aug 20, 2024
Sold by
Mann Judy Marie
Bought by
Wilson Patrick L and Bell Nancy Ann
Seller's Agent
Heidi Ludwig
Redfin Corporation
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Views
1009
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,982
Avg. Annual Appreciation
2.99%
Purchase Details
Closed on
Aug 12, 2022
Sold by
Mann Living Trust
Bought by
Mann Judy Marie
Purchase Details
Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%
Purchase Details
Closed on
Mar 7, 2014
Sold by
Mann Mildred M
Bought by
Mann Mildred M and The Mann Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilson Patrick L | $250,000 | Upward Title Company | |
| Mann Judy Marie | -- | None Listed On Document | |
| Tegel | -- | -- | |
| Mann Mildred M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tegel | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2024 09/04/24 | Sold | $250,000 | -7.1% | $625 / Sq Ft |
| 08/18/2024 08/18/24 | Pending | -- | -- | -- |
| 08/13/2024 08/13/24 | For Sale | $269,000 | +7.6% | $673 / Sq Ft |
| 07/13/2024 07/13/24 | Off Market | $250,000 | -- | -- |
| 07/10/2024 07/10/24 | For Sale | $269,000 | +7.6% | $673 / Sq Ft |
| 07/09/2024 07/09/24 | Off Market | $250,000 | -- | -- |
| 07/01/2024 07/01/24 | Price Changed | $269,000 | -6.9% | $673 / Sq Ft |
| 05/14/2024 05/14/24 | Price Changed | $289,000 | -3.3% | $723 / Sq Ft |
| 12/28/2023 12/28/23 | Price Changed | $299,000 | -9.1% | $748 / Sq Ft |
| 11/13/2023 11/13/23 | Price Changed | $329,000 | -6.0% | $823 / Sq Ft |
| 10/24/2023 10/24/23 | For Sale | $350,000 | -- | $875 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,468 | $250,000 | $250,000 | -- |
| 2024 | $3,468 | $270,300 | $270,300 | -- |
| 2023 | $490 | $22,061 | $21,881 | $180 |
| 2022 | $473 | $21,629 | $21,452 | $177 |
| 2021 | $470 | $21,206 | $21,032 | $174 |
| 2019 | $461 | $20,579 | $20,409 | $170 |
| 2018 | $491 | $20,176 | $20,009 | $167 |
| 2016 | $386 | $19,394 | $19,233 | $161 |
| 2015 | $381 | $19,104 | $18,945 | $159 |
| 2014 | $384 | $18,730 | $18,574 | $156 |
Source: Public Records
Agents Affiliated with this Home
-
Heidi Ludwig
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
None MRML
(646) 541-2551
3 in this area
6,211 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23198550
APN: 7423-025-029
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.
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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