NOT LISTED FOR SALE

5703 Faculty Ave Lakewood, CA 90712

Lakewood Park Neighborhood

Estimated Value: $774,000 - $801,000

2 Beds
1 Bath
810 Sq Ft
$968/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $490,000 $605 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,647/month

Highlights

  • Wood Flooring
  • 1 Car Direct Access Garage
  • Bathtub with Shower
  • No HOA
  • Front Porch
  • Library

About This Home

As of September 2019

Sold before processing. 2 Bedrooms, 1 bathroom Lakewood Park home. 1 car attached garage with direct access. Original hardwood floors in great condition. Kitchen with pony wall between living/dining room. Large kitchen with window to the oversized backyard. Service porch has access to the backyard, garage entry and is also the laundry room. Large yard with cement patio and cover. Central heat and air. Both bedrooms are a good size and the bathroom is very retro. You'll love the front porch.

Last Agent to Sell the Property

Heather Burke

Coldwell Banker Realty License #01369903 Listed on: 09/18/2019

Co-Listed By

Sarah Ireland

Ignite RE Group License #01799940

Last Buyer's Agent

Sarah Ireland

Ignite RE Group License #01799940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,442

Year Built

  • Built in 1950

Lot Details

  • 5,132 Sq Ft Lot
  • Back Yard
  • Property is zoned LKR1YY

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Up Slope From Street

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Library
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 250
  • Tax Tract Number 14593
  • Assessor Parcel Number 7170015037

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,442

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Appliances
  • Property Attached: No
  • Subdivision Name Other: Lakewood Park/North of Del Amo (LND)
  • View: No
  • Zoning: LKR1YY
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7170015037
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 810.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 604.94
  • Room Type: All Bedrooms Down, Kitchen, Library, Living Room
  • Window Features: Drapes
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Front Porch, Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Up Slope From Street, Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • 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
  • Lot Size Sq Ft: 5132.00
  • Lot Size Acres: 0.1178

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5132.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5708.00
  • Tax Lot: 250
  • Tax Tract Number: 14593

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Sep 18, 2019
Sold by
Witrago Lorena
Bought by
Jimenez Ernesto Mendosa
Seller's Agent
Heather Burke
Coldwell Banker Realty
Buyer's Agent
Sarah Ireland
Ignite RE Group
Sold Price
$490,000
Current Estimated Value
$783,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,827
Avg. Annual Appreciation
7.86%
Original Mortgage
$478,632
Outstanding Balance
$416,299
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$367,528

Purchase Details

Listed on
Sep 18, 2019
Closed on
Aug 16, 2019
Sold by
Rice Christopher and Rice Julie
Bought by
Luna Esmeralda Mendoza and Jimenez Ernesto Mendosa
Seller's Agent
Heather Burke
Coldwell Banker Realty
Buyer's Agent
Sarah Ireland
Ignite RE Group
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,632
Outstanding Balance
$416,299
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$367,528

Purchase Details

Closed on
Apr 6, 2011
Sold by
California Housing Finance Agency
Bought by
Rice Christopher and Rice Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
Pickett Coleen Y
Bought by
California Housing Finance Agency

Purchase Details

Closed on
Nov 14, 2006
Sold by
Welle Anthony M
Bought by
Pickett Coleen Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2003
Sold by
Welle Mary
Bought by
Welle Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
5.5%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Welle Mary C
Bought by
Welle Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,990
Interest Rate
6.94%
Mortgage Type
VA

Purchase Details

Closed on
Feb 4, 2002
Sold by
Yocham Paul D and Yocham Sherry
Bought by
Welle Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,990
Interest Rate
6.94%
Mortgage Type
VA

Purchase Details

Closed on
Sep 18, 1999
Sold by
Yocham Paul D
Bought by
Yocham Paul D and Yocham Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,573
Interest Rate
8.09%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1998
Sold by
Yocham Sherry A
Bought by
Yocham Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,640
Interest Rate
7.8%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Busse Dale and Busse Sachiko
Bought by
Busse Dale and Busse Sachiko
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jimenez Ernesto Mendosa -- First American Title
Luna Esmeralda Mendoza $490,000 First American Title
Rice Christopher $335,000 Lawyers Title
California Housing Finance Agency $497,693 Pacific Coast Title
Pickett Coleen Y $495,000 Investors Title Company
Welle Anthony M -- First American Title Co
Welle Anthony M -- First American Title Co
Welle Anthony M $233,000 --
Yocham Paul D -- United Title Company
Yocham Paul D -- South Coast Title Company
Yocham Paul D $161,000 South Coast Title Company
Busse Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Esmeralda Mendoza $478,632
Previous Owner Rice Christopher $268,000
Previous Owner Pickett Coleen Y $470,250
Previous Owner Welle Anthony M $215,200
Previous Owner Welle Anthony M $239,990
Previous Owner Yocham Paul D $176,573
Previous Owner Yocham Paul D $128,640
Previous Owner Yocham Paul D $32,160
Closed Welle Anthony M $40,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2019 09/24/19 Sold $490,000 0.0% $605 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/18/2019 09/18/19 Off Market $490,000 -- --
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 $6,442 $535,883 $428,708 $107,175
2024 $6,442 $525,376 $420,302 $105,074
2023 $6,176 $515,075 $412,061 $103,014
2022 $6,059 $504,977 $403,982 $100,995
2021 $5,932 $495,076 $396,061 $99,015
2019 $4,727 $384,742 $307,795 $76,947
2018 $4,572 $377,199 $301,760 $75,439
2016 $4,395 $362,554 $290,044 $72,510
2015 $4,306 $357,109 $285,688 $71,421
2014 $4,249 $350,114 $280,092 $70,022
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Heather Burke

    Coldwell Banker Realty

  • Sarah Ireland

    Seller Co-Listing Agent in 2019

    Sarah Ireland

    Ignite RE Group

    (562) 810-6785

    5 in this area

    125 Total Sales

    Sarah Ireland
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19222652

California Regional Multiple Listing Service (CRMLS)

APN: 7170-015-037

California Los Angeles County Lakewood 90712 Lakewood Park

5703 Faculty Ave, Lakewood, CA

Not Listed for Sale

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