NOT LISTED FOR SALE

655 Margaret Ave Los Angeles, CA 90022

Estimated Value: $788,000 - $834,000

3 Beds
2 Baths
1,710 Sq Ft
$473/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $324,900 $190 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $4,908/month

33 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Granite Countertops
  • Living Room
  • James A. Garfield Senior High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2012

Beautiful Spanish-style detatched duplex located in a great neighborhood. The front unit is a 2 bedroom 1 bath and the rear unit is a 1 bedroom 1 bathroom. This home boasts a very clean style and apeal with custom laid colored tile which is brought out by the brand new two tone interior paint. The kitchen features granite countertops and new cabinets with a brand new stainless steel sink and faucet to go with the stainless steel appliances (stove, oven, and hood vent to be installed by the close of escrow). The interior also features custom textured walls which brings out the accented architecture. Each remodeled bathroom features brand new sinks and vanities with new toilets and faucets. The shower and tub sliding doors are spotless and clean. The bedrooms feature brand new carpeting and lighting. the rear unit features new floor tile, kitchen cabinets, and countertops along with a new stainless steel sink. The new owner will appreciate this home as much as we do. Check out our virtual tour.

Last Agent to Sell the Property

MARIA LOPEZ

Newport Realty License #01901708 Listed on: 02/10/2012

Last Buyer's Agent

David Franco

MGR REAL ESTATE, INC. License #01333075

MGR REAL ESTATE, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,074

Year Built

  • Built in 1923

Lot Details

  • 5,005

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,710 Sq Ft Home
  • Ceiling Fan
  • Panel Doors
  • Separate Family Room
  • Living Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Granite Countertops
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Heating
  • Gas Water Heater

Additional Features

  • 5,005 Sq Ft Lot
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 6341027033

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,074

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Security: Smoke Detector(s)
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6341027033
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Corian Counters, Granite Counters, Storage
  • Entry Location: Ground Level With Steps
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: One
  • Price Per Square Foot: 190.00
  • Room Type: All Bedrooms Down, Family Room, Living Room, Separate Family Room

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area, In Kitchen

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5005.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 5005.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Mar 5, 2012
Sold by
Homestrong Usa Llc
Bought by
Munoz Andrew P and Rodriguez Michelle
Seller's Agent
MARIA LOPEZ
Newport Realty
Buyer's Agent
David Franco
MGR REAL ESTATE, INC.
List Price
$324,900
Sold Price
$324,900
Current Estimated Value
$809,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,599
Avg. Annual Appreciation
7.11%
Original Mortgage
$316,663
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2011
Sold by
Homesales Inc
Bought by
Homestrong Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2010
Sold by
Ponce Juan
Bought by
Homesales Inc

Purchase Details

Closed on
Aug 4, 2010
Sold by
Ponce Juan
Bought by
Ponce Juan and Sandoval Jesus

Purchase Details

Closed on
Oct 6, 2005
Sold by
Navarro Manuel M and Navarro Manuel
Bought by
Ponce Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 28, 2003
Sold by
Navarro Maria Concepcion and Navarro Ofelia
Bought by
Navarro Manuel M and Navarro Manuel
Source: Public Records

Range of Values:

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Average Value
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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
Munoz Andrew P $325,000 First American Title
Homestrong Usa Llc $247,000 First American Title
Homesales Inc $236,701 Accommodation
Ponce Juan -- None Available
Ponce Juan $525,000 Fatcola
Navarro Manuel M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Andrew P $314,000
Closed Munoz Andrew P $316,663
Previous Owner Homestrong Usa Llc $191,700
Previous Owner Homestrong Usa Llc $29,500
Previous Owner Ponce Juan $574,700
Previous Owner Ponce Juan $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $324,900 0.0% $190 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $324,900 -- $190 / 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 $6,074 $408,205 $251,206 $156,999
2024 $6,074 $400,202 $246,281 $153,921
2023 $5,808 $392,355 $241,452 $150,903
2022 $5,555 $384,663 $236,718 $147,945
2021 $5,489 $377,122 $232,077 $145,045
2020 $5,526 $373,256 $229,698 $143,558
2019 $5,332 $365,939 $225,195 $140,744
2018 $5,200 $358,765 $220,780 $137,985
2016 $4,983 $344,835 $212,207 $132,628
2015 $4,910 $339,656 $209,020 $130,636
2014 $4,913 $333,004 $204,926 $128,078
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    MARIA LOPEZ

    Newport Realty

    Section Image

  • D

    Buyer's Agent in 2012

    David Franco

    MGR REAL ESTATE, INC.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12019175

California Regional Multiple Listing Service (CRMLS)

APN: 6341-027-033

California Los Angeles County Los Angeles 90022

655 Margaret Ave, Los Angeles, CA

This home is located at 655 Margaret Ave, Los Angeles, CA 90022 since 10 February 2012 and is currently estimated at $809,499, approximately $473 per square foot. This property was built in 1923. 655 Margaret Ave is a home located in Los Angeles County with nearby schools including Fourth Street Primary Center, Fourth Street Elementary School, and David Wark Griffith Middle 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

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