NOT LISTED FOR SALE

5622 Faculty Ave Lakewood, CA 90712

Lakewood Park Neighborhood

Estimated Value: $783,000 - $806,000

2 Beds
1 Bath
816 Sq Ft
$969/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $485,000 $594 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,703/month

10 Days on Market

Highlights

  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Bathtub with Shower
  • Ceiling Fan

About This Home

As of May 2017

Looking for an opportunity to own in the DESIRABLE Lakewood area? This charming 2 bedroom, 1 bathroom house with freshly painted interior walls is now available. The back yard is private and ideal for your year-round enjoyment, gardening, and recreation. The 1 car garage and extended driveway make for great additional parking space. 5622 Faculty Ave is nearby great community services, such as neighborhood shopping centers, public transportation, and a variety of entertainment. This Lakewood home is in the district of Stephen Forster Elementary and Mayfair Middle School/High School
View this home for yourself and make this great opportunity your own.

Last Agent to Sell the Property

Yuri Eichel

Coldwell Banker Realty License #01952378 Listed on: 04/13/2017

Last Buyer's Agent

Lorri Quiett

Vylla Home, Inc. License #01371114

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,645

Year Built

  • Built in 1950

Lot Details

  • 5,138 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Lawn
  • Back and Front Yard
  • Property is zoned LKR1YY

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 236
  • Tax Tract Number 14593
  • Assessor Parcel Number 7170014032

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,645

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: LKR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7170014032
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 816.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 594.36
  • Room Type: Kitchen
  • Bathroom Features: Shower In Tub

Exterior Features

  • Direction Faces: West
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 5138.00

Multi Family

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

Tax Info

  • Tax Census Tract: 5708.00
  • Tax Lot: 236
  • Tax Tract Number: 14593

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Apr 19, 2017
Sold by
Sears Mary
Bought by
Grimm Brent and Grimm Coral
Seller's Agent
Yuri Eichel
Coldwell Banker Realty
Buyer's Agent
Lorri Quiett
Vylla Home, Inc.
List Price
$450,000
Sold Price
$485,000
Premium/Discount to List
$35,000
7.78%
Current Estimated Value
$790,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,988
Avg. Annual Appreciation
5.86%
Original Mortgage
$388,000
Outstanding Balance
$323,051
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$467,937

Purchase Details

Closed on
Aug 12, 2016
Sold by
Dennehy Urfa
Bought by
Sears Mary and Urfa Dennehy Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grimm Brent $485,000 Lawyers Title
Sears Mary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimm Brent $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $485,000 +7.8% $594 / Sq Ft
04/07/2017 04/07/17 For Sale $450,000 -- $551 / 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 $6,645 $562,878 $450,304 $112,574
2024 $6,645 $551,842 $441,475 $110,367
2023 $6,368 $541,022 $432,819 $108,203
2022 $6,246 $530,415 $424,333 $106,082
2021 $6,114 $520,015 $416,013 $104,002
2019 $5,951 $504,593 $403,675 $100,918
2018 $5,786 $494,700 $395,760 $98,940
2016 $938 $55,662 $21,099 $34,563
2015 $921 $54,827 $20,783 $34,044
2014 $918 $53,754 $20,376 $33,378
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2017

    Yuri Eichel

    Coldwell Banker Realty

  • Lorri Quiett

    Buyer's Agent in 2017

    Lorri Quiett

    Vylla Home, Inc.

    (562) 682-3130

    5 in this area

    133 Total Sales

    Lorri Quiett
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17074961

California Regional Multiple Listing Service (CRMLS)

APN: 7170-014-032

California Los Angeles County Lakewood 90712 Lakewood Park

5622 Faculty Ave, Lakewood, CA

Not Listed for Sale

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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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