Seller's Agent in 2019
Kevin Keenan
Millennium K2 Realty
(310) 345-2110
2 Total Sales
641 W 97th St Los Angeles, CA 90044
Vermont Vista NeighborhoodEstimated Value: $1,126,642 - $1,251,000
10
Beds
6
Baths
3,563
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- No HOA
- Laundry Room
- Property is near public transit
- Double Pane Windows
- 4-minute walk to 97th Street Park
About This Home
As of April 2019Beautiful, well-maintained Duplex, Built in 2011. Granite Counter-tops and Solid Wood Cabinets are featured in each Kitchen, Designer Vanities are included in each Bathroom, and Easy Care and Long-wearing, Wood-look Vinyl Flooring installed in both Units. Dual Pane Windows throughout along with an Energy-efficient FAU which provide consistent Heat are positive features of both Units. There is a long driveway that leads to a 3-Car Garage to provide off-street parking. All of this are Highlights to this Terrific Property. Both Units are rented on a month-to-month basis. At the current Sales Price, Current Rents and considering the Operating Expenses for Water and Property Management but No Allowance for Vacancy (this is a VERY Hot Rental Market / Area!), this Duplex provides a Cap Rate of 6.5% to a would-be Investor!
Last Agent to Sell the Property
Millennium K2 Realty License #01234836 Listed on: 05/02/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,810
Year Built
- Built in 2011
Lot Details
- 6,301 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Wood Fence
Parking
- 3 Car Garage
Home Design
- Contemporary Architecture
- Property Attached
- Raised Foundation
- Fire Rated Drywall
- Composition Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 3,563 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Panel Doors
- Gas Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- Mirrored Closets Doors
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
- High-Efficiency Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 026
- Tax Tract Number 2404
- Assessor Parcel Number 6054027026
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Professional Management Expense $3,600
- Water Sewer Expense $3,600
- New Taxes Expense $8,745
- Operating Expense $7,200
- Gross Income $58,620
- Net Operating Income $51,420
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 2, 2019
Sold by
Ho Minh O
Bought by
Hood Richard and Hood Norma
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 3, 2011
Sold by
Seacliff Properties Inc
Bought by
Ho Minh Q
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Seacliff 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
$310,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2009
Sold by
Roach Mattie J
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Apr 24, 2008
Sold by
Roach Victor and Mattie Jeraldine Roach Trust
Bought by
Spindletop Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,175
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 30, 2006
Sold by
Roach Mattie J
Bought by
Roach Mattie Jeraldine and The Mattie Jeraldine Roach Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2003
Sold by
Roach Mattie Jeraldine
Bought by
Roach Mattie Jeraldine and Mattie Jeraldine Roach Trust
Purchase Details
Closed on
Dec 5, 2002
Sold by
Roach Mattie Jeraldine and Roach Mattie Ola
Bought by
Roach Mattie Jeraldine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.06%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hood Richard | $785,000 | Lawyers Title La | |
| Ho Minh Q | $490,004 | Lawyers Title La | |
| Seacliff Properties Inc | $137,000 | First American Title Ins Co | |
| Federal Home Loan Mortgage Corporation | $145,000 | None Available | |
| Spindletop Investments Inc | -- | Southland Title Company | |
| Roach Mattie Jeraldine | -- | Accommodation | |
| Roach Mattie J | -- | Chicago Title | |
| Roach Mattie Jeraldine | -- | -- | |
| Roach Mattie Jeraldine | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hood Richard | $610,000 | |
| Previous Owner | Hood Richard | $588,750 | |
| Previous Owner | Ho Minh Q | $360,500 | |
| Previous Owner | Ho Minh Q | $367,500 | |
| Previous Owner | Ho Minh Q | $367,500 | |
| Previous Owner | Seacliff Properties Inc | $310,000 | |
| Previous Owner | Seacliff Properties Inc | $50,000 | |
| Previous Owner | Spindletop Investments Inc | $5,175 | |
| Previous Owner | Roach Mattie J | $182,000 | |
| Previous Owner | Roach Mattie Jeraldine | $165,000 | |
| Previous Owner | Roach Louis | $122,000 | |
| Previous Owner | Roach Louis | $110,400 | |
| Previous Owner | Roach Louis | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2019 04/05/19 | Sold | $785,000 | -1.3% | $220 / Sq Ft |
| 12/27/2018 12/27/18 | Pending | -- | -- | -- |
| 05/02/2018 05/02/18 | For Sale | $795,000 | -- | $223 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,810 | $875,676 | $652,575 | $223,101 |
| 2024 | $10,810 | $858,507 | $639,780 | $218,727 |
| 2023 | $10,609 | $841,675 | $627,236 | $214,439 |
| 2022 | $10,128 | $825,173 | $614,938 | $210,235 |
| 2021 | $9,988 | $808,994 | $602,881 | $206,113 |
| 2020 | $10,086 | $800,700 | $596,700 | $204,000 |
| 2019 | $2,658 | $562,763 | $223,956 | $338,807 |
| 2018 | $6,945 | $551,729 | $219,565 | $332,164 |
| 2016 | $6,613 | $530,306 | $211,040 | $319,266 |
| 2015 | $6,519 | $522,341 | $207,870 | $314,471 |
| 2014 | $6,552 | $512,110 | $203,799 | $308,311 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Keenan
-
KATRINA ELDRIDGE
Buyer's Agent in 2019
KATRINA ELDRIDGE
HomeSmart Realty Group
(310) 529-7335
2 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18102871
APN: 6054-027-026
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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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