NOT LISTED FOR SALE

648 W 40th Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $364,005 - $868,000

4 Beds
3 Baths
1,408 Sq Ft
$479/Sq Ft Est. Value

About This Home

This home is located at 648 W 40th Place, Los Angeles, CA 90037 and is currently estimated at $674,251, approximately $478 per square foot. 648 W 40th Place is a home located in Los Angeles County with nearby schools including Menlo Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Ramirez Ricardo
Bought by
Ramirez Ricardo and The Living Trust Of Ricardo Ra
Current Estimated Value
$698,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Outstanding Balance
$196,435
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$477,816

Purchase Details

Closed on
Sep 29, 2017
Sold by
Ramirez Ricardo
Bought by
Ramirez Ricardo and The Living Trust Of Ricardo Ramirez Jr

Purchase Details

Closed on
Sep 23, 2016
Sold by
Ramirez Rosalinda
Bought by
Ramirez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2015
Sold by
Ramirez Margarita O
Bought by
Ramirez Ricardo and Ramirez Rosalinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,833
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Ramirez Margarita O
Bought by
Ramirez Margarita O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 5, 1995
Sold by
Lozano Eugene and Lozano Flora
Bought by
Ramirez Ricardo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.47%
Mortgage Type
Seller Take Back
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

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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
Ramirez Ricardo -- First American Title Ins Co
Ramirez Ricardo -- First American Title Ins Co
Ramirez Ricardo -- None Available
Ramirez Ricardo -- Pacific Coast Title Company
Ramirez Ricardo -- None Available
Ramirez Margarita O -- Alliance Title Company
Ramirez Margarita O -- Alliance Title Company
Ramirez Ricardo C $90,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Ricardo $219,000
Closed Ramirez Ricardo $230,000
Closed Ramirez Ricardo $168,833
Closed Ramirez Margarita O $197,000
Closed Ramirez Ricardo C $195,000
Closed Ramirez Ricardo C $70,000
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 $3,671 $284,450 $211,323 $73,127
2024 $3,671 $278,874 $207,180 $71,694
2023 $3,608 $273,407 $203,118 $70,289
2022 $3,452 $268,047 $199,136 $68,911
2021 $3,403 $262,792 $195,232 $67,560
2020 $3,434 $260,099 $193,231 $66,868
2019 $3,307 $255,000 $189,443 $65,557
2018 $3,240 $250,001 $185,729 $64,272
2016 $1,750 $127,680 $102,151 $25,529
2015 $1,728 $125,763 $100,617 $25,146
2014 $1,756 $123,301 $98,647 $24,654
Source: Public Records

Map

California Los Angeles County Los Angeles 90037 Vermont Square

648 W 40th Place, Los Angeles, CA

This home is located at 648 W 40th Place, Los Angeles, CA 90037 and is currently estimated at $674,251, approximately $478 per square foot. 648 W 40th Place is a home located in Los Angeles County with nearby schools including Menlo Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts 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.

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