Seller's Agent in 2015
Julio Midolo
RE/MAX
(818) 974-1797
2 in this area
85 Total Sales
711 W 41st St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $847,000 - $1,023,000
5
Beds
3
Baths
1,950
Sq Ft
$480/Sq Ft
Est. Value
About This Home
As of March 2015GREAT INCOME, remodeled income property. The front house is four bedroom two bath. Back house is one bedroom and a den one bath. Remodeled about two years ago, new cooper plumbing, new electrical, new roof, new paint, new kitchen cabinets, new baths, etc. Tenant occupied good tenants. Show and sell. See agent remarks.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,296
Year Built
- Built in 1925
Lot Details
- 5,401 Sq Ft Lot
- No Common Walls
Parking
- 6 Parking Spaces
Home Design
- 1,950 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 75
- Tax Tract Number 23
- Assessor Parcel Number 5019024024
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $700
- Water Sewer Expense $1,500
- New Taxes Expense $2,139
- Gross Income $38,400
- Net Operating Income $34,061
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2015
Closed on
Mar 26, 2015
Sold by
Galvez Mario R and Galvez Lourdes
Bought by
Trull Michael and Ziegler Rick
Seller's Agent
Julio Midolo
ReMax Sky
Buyer's Agent
David Rosenfeld
Advantage Real Estate
List Price
$395,000
Sold Price
$420,000
Premium/Discount to List
$25,000
6.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,222
Avg. Annual Appreciation
7.74%
Original Mortgage
$336,000
Outstanding Balance
$258,560
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$657,347
Purchase Details
Closed on
Oct 26, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Galvez Mario R and Galvez Lourdes
Purchase Details
Closed on
May 11, 2011
Sold by
Wilson Barnelle
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Oct 17, 2007
Sold by
Wright Lorece and Wilson Barnelle
Bought by
Wright Lorece and Wright Anthony
Purchase Details
Closed on
Oct 1, 2006
Sold by
Wilson Barnelle
Bought by
Wilson Barnelle and Wright Lorece
Purchase Details
Closed on
Feb 15, 2006
Sold by
Wright Lorece
Bought by
Wilson Barnelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
8.99%
Mortgage Type
Balloon
Purchase Details
Closed on
Dec 13, 2004
Sold by
Shokrai Abbas
Bought by
Wright Lorece
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Trull Michael | $420,000 | Title 365 Company | |
| Galvez Mario R | $153,000 | Chicago Title Company | |
| Deutsche Bank National Trust Company | $155,700 | None Available | |
| Wright Lorece | -- | None Available | |
| Wilson Barnelle | -- | None Available | |
| Wilson Barnelle | -- | None Available | |
| Wilson Barnelle | $460,000 | Commonwealth Land Title Co | |
| Wright Lorece | $350,000 | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trull Michael | $336,000 | |
| Previous Owner | Wilson Barnelle | $368,000 | |
| Previous Owner | Wright Lorece | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2015 03/31/15 | Sold | $420,000 | +6.3% | $215 / Sq Ft |
| 02/20/2015 02/20/15 | Pending | -- | -- | -- |
| 02/11/2015 02/11/15 | For Sale | $395,000 | -- | $203 / 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 | $6,296 | $504,769 | $360,551 | $144,218 |
| 2024 | $6,296 | $494,873 | $353,482 | $141,391 |
| 2023 | $6,181 | $485,170 | $346,551 | $138,619 |
| 2022 | $5,905 | $475,657 | $339,756 | $135,901 |
| 2021 | $5,824 | $466,332 | $333,095 | $133,237 |
| 2020 | $5,880 | $461,551 | $329,680 | $131,871 |
| 2019 | $5,654 | $452,502 | $323,216 | $129,286 |
| 2018 | $5,547 | $443,630 | $316,879 | $126,751 |
| 2016 | $5,294 | $426,405 | $304,575 | $121,830 |
| 2015 | $2,118 | $159,899 | $96,149 | $63,750 |
| 2014 | $2,140 | $156,768 | $94,266 | $62,502 |
Source: Public Records
Agents Affiliated with this Home
-
Julio Midolo
-
David Rosenfeld
D
Buyer's Agent in 2015
David Rosenfeld
Advantage Real Estate
(310) 261-8692
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW15029786
APN: 5019-024-024
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.
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
- 602 W 40th Place
- 4125 S Figueroa St Unit 101
- 4125 S Figueroa St Unit 218
- 4125 S Figueroa St Unit 212
- 4125 S Figueroa St Unit 410
- 632 W 41st Place
- 716 W 41st Place
- 854 W Martin Luther King jr Blvd
- 851 W 41st Dr
- 873 W 41st Dr
- 706 W 42nd Place
- 975 W 42nd Place
- 4302 S Hoover St
- 3830 S Figueroa St
- 528 W 43rd St
- 821 W 43rd Place
- 1002 Leighton Ave
- 701 W Vernon Ave
- 860 W 43rd Place
- 702 W Vernon Ave
- 707 W 41st St
- 715 W 41st St
- 701 W 41st St
- 719 W 41st St
- 651 W 41st St
- 723 1/2 W 41st St
- 708 W 40th Place
- 712 W 40th Place Unit 714
- 712 W 40th Place
- 704 W 40th Place
- 718 W 40th Place
- 700 W 40th Place
- 647 W 41st St
- 727 W 41st St
- 648 W 40th Place
- 708 W 41st St
- 706 W 41st St
- 643 W 41st St
- 714 W 41st St
- 700 W 41st St