NOT LISTED FOR SALE

617 W 83rd St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $690,000 - $1,345,000

2 Beds
1 Bath
1,068 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $602,000 $564 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,081/month

6 Days on Market

Highlights

  • Living Room with Fireplace
  • Laundry Room
  • Tile Flooring
  • No HOA
  • Shed
  • Dining Room

About This Home

As of June 2021

Lovely 2Bed + 1Bath home, situated on a 6,000sqft lot. Zoned R3, adjacent to 110 fwy. Property is renovated. Laminate floors in common areas, tile in kitchen and dining, carpet in bedrooms. Granite counter-tops, recessed lighting, fireplace, large bedrooms and large laundry area off of kitchen. Property is tenant occupied. Tenant is month to month and is not paying rent. Property to be delivered with tenant. Property is being managed by a property management company, paperwork to be provided during due-diligence period. Great opportunity for a developer to potentially build multiple units. Offers Due Sunday, May 22, 2021 at 5pm.

Last Agent to Sell the Property

Erica Walden

Compass License #02045143 Listed on: 05/19/2021

Compass

Last Buyer's Agent

Vilma Flores

Calhomes Realty License #01312943

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,137

Year Built

  • Built in 1923

Lot Details

  • 6,001 Sq Ft Lot
  • Lot Dimensions are 40x150
  • Property is zoned LAR3

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Shed
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6032-021-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,137

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 1068
  • Lot Acreage: 0.1378
  • Lot Dimensions: 40x150
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Tile, Carpet
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 505.62

Exterior Features

  • Other Structures: Shed(s)
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 6032-021-002
  • Lot Size Area: 6001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
Lance Properties Inc
Bought by
Cyprus Kip C and Cyprus Amy C
Current Estimated Value
$1,091,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2022
Sold by
Ocean Development Inc
Bought by
Lance Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 1, 2021
Sold by
Dedmon Charlie F
Bought by
Ocean Development Inc
Seller's Agent
Erica Walden
Compass
Buyer's Agent
Vilma Flores
Calhomes Realty
List Price
$540,000
Sold Price
$602,000
Premium/Discount to List
$62,000
11.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%
Original Mortgage
$314,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Dedmon Robert E
Bought by
Dedmon Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2014
Sold by
Dedmon Robert E
Bought by
Dedmon Robert E and Dedmon Charlie F

Purchase Details

Closed on
Nov 7, 1997
Sold by
Dedmon Charlie Faye
Bought by
Cotledge Ivo and Dedmon Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
7.3%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Cotledge Ivo
Bought by
Cotledge Ivo and Dedmon Robert E
Source: Public Records

Range of Values:

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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
Cyprus Kip C $1,117,000 Lawyers Title
Lance Properties Inc -- Lawyers Title
Ocean Development Inc $602,000 Lawyers Title
Dedmon Charlie F -- Lawyers Title
Dedmon Living Trust -- Old Republic Title Company
Dedmon Robert E -- None Available
Cotledge Ivo -- Universal Title Company
Cotledge Ivo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cyprus Kip C $768,000
Previous Owner Ocean Development Inc $1,107,000
Previous Owner Ocean Development Inc $314,000
Previous Owner Dedmon Charlie F $314,000
Previous Owner Ocean Development Inc $800,000
Previous Owner Dedmon Living Trust $130,000
Previous Owner Cotledge Ivo $120,625
Previous Owner Cotledge Ivo $87,500
Previous Owner Cotledge Ivo $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $602,000 +11.5% $564 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $540,000 -- $506 / Sq Ft
Source: The MLS

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 $14,137 $1,162,126 $832,320 $329,806
2024 $14,137 $1,139,340 $816,000 $323,340
2023 $13,651 $1,117,000 $800,000 $317,000
2022 $7,410 $614,040 $491,232 $122,808
2021 $2,616 $202,026 $141,822 $60,204
2020 $2,640 $199,955 $140,368 $59,587
2019 $2,542 $196,035 $137,616 $58,419
2018 $2,484 $192,192 $134,918 $57,274
2016 $2,371 $184,730 $129,680 $55,050
2015 $2,339 $181,957 $127,733 $54,224
2014 $2,357 $44,740 $30,732 $14,008
Source: Public Records

Agents Affiliated with this Home

  • Erica Walden

    Seller's Agent in 2021

    Erica Walden

    Compass

    (323) 541-5392

    2 in this area

    41 Total Sales

    Erica Walden
    Section Image

  • V

    Buyer's Agent in 2021

    Vilma Flores

    Calhomes Realty

See All Agents

Map

Source: The MLS

MLS Number: 21-734064

The MLS

APN: 6032-021-002

California Los Angeles County Los Angeles 90044 Vermont Knolls

617 W 83rd St, Los Angeles, CA

This home is located at 617 W 83rd St, Los Angeles, CA 90044 since 19 May 2021 and is currently estimated at $1,091,773, approximately $1,022 per square foot. This property was built in 1923. 617 W 83rd St is a home located in Los Angeles County with nearby schools including Manchester Avenue Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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