NOT LISTED FOR SALE

623 E 38th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $630,135 - $867,000

4 Beds
2 Baths
1,340 Sq Ft
$573/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $160,000 $119 Per Sq Ft

Est. 380% increase in value since last sale

Current estimated payment $4,555/month

376 Days on Market

About This Home

As of September 2012

SHORT SALE APPROVED!!!! NEED AN OFFER ASAP... 2 BEATIFUL UNITS GREAT FOR FIRST TIME BUYERS. TITLE SHOWS 4BED 2BATHS BUT FRONT HOUSE FEATURES 3BED 1BATH AND BACK UNIT OFFERS 2BED 1BATH, ONE BEDROOM MAYNOT BE PERMITED PLEASE MAKE SURE TO CHECK WITH THE CITY OF LA FOR MORE ACCURATE INFORMATION. PLEASE TEXT OR EMAIL ME TO MAKE APPT TO SHOW, DO NOT GO TO THE PROPERTY WITH OUT APPOINTMENT.

Last Agent to Sell the Property

Carlos Briseno

J A T S Enterprises Inc License #01840324 Listed on: 06/17/2011

J A T S Enterprises Inc

Last Buyer's Agent

Carlos Briseno

J A T S Enterprises Inc License #01840324 Listed on: 06/17/2011

J A T S Enterprises Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1940

Lot Details

  • 4,791

Parking

  • 2 Parking Spaces

Home Design

  • 1,340 Sq Ft Home
  • Wood Siding

Additional Features

  • 4,791 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 219
  • Assessor Parcel Number 5121006035

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Insurance Expense $450
  • Trash Expense $75
  • Water Sewer Expense $100
  • New Taxes Expense $629,752
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,826

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 5121006035
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 119.40

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 75.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4791.00
  • Lot Size Acres: 0.1100

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 1600.00
  • Gross Multiplier: 118.75
  • Gross Scheduled Income: 1600.00
  • Insurance Expense: 450.00
  • Lot Size Area: 4791.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 629752.00
  • Tax Area: 4
  • Tax Lot: 219
  • Tax Tract: Custom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2019
Sold by
Potts Mickell and Fierro Elizabeth
Bought by
Potts Mickell D and Fierro Potts Elizabeth
Current Estimated Value
$768,034

Purchase Details

Closed on
Aug 13, 2013
Sold by
Precise General Contractor Inc
Bought by
Potts Mickell and Fierro Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2011
Closed on
Nov 19, 2012
Sold by
Trombley Sara
Bought by
Precise General Contractor Inc
Seller's Agent
Carlos Briseno
J A T S Enterprises Inc
Buyer's Agent
Carlos Briseno
J A T S Enterprises Inc
List Price
$130,000
Sold Price
$160,000
Premium/Discount to List
$30,000
23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%

Purchase Details

Listed on
Jun 17, 2011
Closed on
Sep 18, 2012
Sold by
Hernandez Alejandro Ramirez and Ramirez Dominga
Bought by
Trombley Sara
Seller's Agent
Carlos Briseno
J A T S Enterprises Inc
Buyer's Agent
Carlos Briseno
J A T S Enterprises Inc
List Price
$130,000
Sold Price
$160,000
Premium/Discount to List
$30,000
23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Martinez Moises
Bought by
Martinez Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2005
Sold by
Vasquez Jose O
Bought by
Vasquez Jose O and Martinez Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 25, 2005
Sold by
Lopez Herminio
Bought by
Vasquez Jose O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2005
Sold by
Rolon Eulalio and Lopez Herminio
Bought by
Lopez Herminio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 1998
Sold by
Rios Cipriano and Rios Esther
Bought by
Rolon Eulalio and Lopez Herminio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
7.14%
Mortgage Type
FHA
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potts Mickell D -- None Available
Potts Mickell $314,500 Old Republic Title
Precise General Contractor Inc -- None Available
Trombley Sara $160,000 Lawyers Title
Martinez Mayra -- --
Vasquez Jose O -- --
Hernandez Alejandro Ramirez $460,000 --
Vasquez Jose O $280,000 First American Title Co
Lopez Herminio -- Fatcola
Rolon Eulalio $163,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Mickell $329,000
Closed Pott Mickell $325,500
Closed Potts Mickell $266,000
Closed Potts Mickell $235,600
Previous Owner Trombley Sara $112,700
Previous Owner Hernandez Alejandro Ramirez $145,000
Previous Owner Hernandez Alejandro Ramirez $92,000
Previous Owner Martinez Mayra $92,000
Previous Owner Hernandez Alejandro Ramirez $368,000
Previous Owner Vasquez Jose O $92,000
Previous Owner Vasquez Jose O $196,000
Previous Owner Rolon Eulalio $159,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $160,000 +23.1% $119 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
06/17/2011 06/17/11 For Sale $130,000 -- $97 / 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 $4,826 $385,280 $208,393 $176,887
2024 $4,826 $377,726 $204,307 $173,419
2023 $4,736 $370,320 $200,301 $170,019
2022 $4,520 $363,060 $196,374 $166,686
2021 $4,462 $355,942 $192,524 $163,418
2020 $4,503 $352,293 $190,550 $161,743
2019 $4,331 $345,386 $186,814 $158,572
2018 $4,252 $338,614 $183,151 $155,463
2016 $4,057 $325,467 $176,040 $149,427
2015 $3,999 $320,579 $173,396 $147,183
2014 $4,024 $314,300 $170,000 $144,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carlos Briseno

    J A T S Enterprises Inc

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1104511

California Regional Multiple Listing Service (CRMLS)

APN: 5121-006-035

California Los Angeles County Los Angeles 90011 Historic South Central

623 E 38th St, Los Angeles, CA

This home is located at 623 E 38th St, Los Angeles, CA 90011 since 17 June 2011 and is currently estimated at $768,034, approximately $573 per square foot. This property was built in 1940. 623 E 38th St is a home located in Los Angeles County with nearby schools including Wadsworth Avenue Elementary School, William Jefferson Clinton Middle School, and Thomas Jefferson Senior High School.

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.

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

Nearby Homes