NOT LISTED FOR SALE

5924 S Fairfax Ave Unit 2 Los Angeles, CA 90056

View Park Neighborhood

Estimated Value: $1,242,000 - $1,368,000

2 Beds
2 Baths
1,200 Sq Ft
$1,073/Sq Ft Est. Value

About This Home

This home is located at 5924 S Fairfax Ave Unit 2, Los Angeles, CA 90056 and is currently estimated at $1,287,310, approximately $1,072 per square foot. 5924 S Fairfax Ave Unit 2 is a home located in Los Angeles County with nearby schools including Parent (Frank D.) Elementary School, Inglewood High School, and La Tijera K-8 Charter School Academy of Excellence.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Grimes Gary
Bought by
Gary Grimes Living Trust and Grimes
Current Estimated Value
$1,287,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$770,816
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$516,494

Purchase Details

Closed on
Mar 30, 2020
Sold by
Grimes Gary
Bought by
Gary Grimes Living Trust and Grimes

Purchase Details

Closed on
Apr 24, 2007
Sold by
Grimes Gary and Grimes Gary T
Bought by
Grimes Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Dichner Michael L L and Estate Of Sharon Ann Leinani W
Bought by
Grimes Gary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1984
Sold by
Mroz Daphne K
Bought by
White Sharon A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Gary Grimes Living Trust -- Accommodation/Courtesy Recordi
Grimes Gary -- Pacific Coast Title
Gary Grimes Living Trust -- None Listed On Document
Grimes Gary -- Ort
Grimes Gary T $625,000 Chicago
White Sharon A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimes Gary $825,000
Previous Owner Grimes Gary $700,000
Previous Owner Grimes Gary $700,000
Previous Owner Grimes Gary $693,000
Previous Owner Grimes Gary $566,250
Previous Owner Grimes Gary $600,000
Previous Owner Grimes Gary T $562,500
Previous Owner White Sharon A $140,000
Previous Owner White Sharon A $140,000
Source: Public Records

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 $10,756 $871,180 $696,950 $174,230
2024 $10,756 $854,099 $683,285 $170,814
2023 $10,490 $837,353 $669,888 $167,465
2022 $10,727 $820,935 $656,753 $164,182
2021 $10,639 $804,839 $643,876 $160,963
2020 $10,141 $796,587 $637,274 $159,313
2019 $9,990 $780,969 $624,779 $156,190
2018 $9,939 $765,657 $612,529 $153,128
2016 $9,425 $735,928 $588,745 $147,183
2015 $9,355 $724,875 $579,902 $144,973
2014 $6,544 $710,677 $568,543 $142,134
Source: Public Records

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