NOT LISTED FOR SALE

Estimated Value: $674,000 - $1,394,402

2 Beds
1 Bath
994 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold May 07, 2020

Last sale price $360,000 $362 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $7,005/month

3 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of May 2020

This home is located at 726 E 87th Place, Los Angeles, CA 90002 since 04 February 2020 and is currently estimated at $1,122,101, approximately $1,128 per square foot. This property was built in 1921. 726 E 87th Place is a home located in Los Angeles County with nearby schools including South Park Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Last Agent to Sell the Property

Jonathan Montenegro

X-or Real Estate Services License #00943897 Listed on: 02/04/2020

Last Buyer's Agent

Jonathan Montenegro

X-or Real Estate Services License #00943897 Listed on: 02/04/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 5,277 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Property is zoned LAR2

Parking

  • 2 Car Garage

Interior Spaces

  • 994 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 123
  • Tax Tract Number 1977
  • Assessor Parcel Number 6042005008

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

5,277 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 562-20-2655
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6042005008
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 994.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 362.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 5277.00
  • Lot Size Acres: 0.1211

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5277.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2400.10
  • Tax Lot: 123
  • Tax Tract Number: 1977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Apr 30, 2020
Sold by
Barrera Ross
Bought by
Ocean Development Inc
Seller's Agent
Jonathan Montenegro
X-or Real Estate Services
Buyer's Agent
Jonathan Montenegro
X-or Real Estate Services
List Price
$340,000
Sold Price
$360,000
Premium/Discount to List
$20,000
5.88%
Current Estimated Value
$1,147,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,371
Avg. Annual Appreciation
21.53%
Original Mortgage
$650,000
Outstanding Balance
$576,904
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$545,197

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 17, 2020
Sold by
Barrera Mario
Bought by
Barrera Ross
Seller's Agent
Jonathan Montenegro
X-or Real Estate Services
Buyer's Agent
Jonathan Montenegro
X-or Real Estate Services
List Price
$340,000
Sold Price
$360,000
Premium/Discount to List
$20,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$576,904
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$545,197

Purchase Details

Closed on
May 29, 1998
Sold by
Valenzuela Celia E
Bought by
Barrera Mario and Barrera Ross

Purchase Details

Closed on
Nov 17, 1993
Sold by
Valenzuela Celia Esperanza
Bought by
Valenzuela Celia Esperanza and Barrera Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,150
Interest Rate
7.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ocean Development Inc $360,000 Lawyers Title
Barrera Ross -- Lawyers Title
Barrera Mario -- --
Valenzuela Celia Esperanza -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Development Inc $650,000
Previous Owner Valenzuela Celia Esperanza $39,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2020 05/07/20 Sold $360,000 +5.9% $362 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $340,000 -- $342 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,199 $1,066,193 $487,093 $579,100
2024 $13,199 $1,045,289 $477,543 $567,746
2023 $12,716 $1,024,794 $468,180 $556,614
2022 $12,126 $1,004,700 $459,000 $545,700
2021 $4,680 $363,729 $303,108 $60,621
2020 $2,415 $167,696 $91,732 $75,964
2019 $2,328 $164,409 $89,934 $74,475
2018 $2,288 $161,186 $88,171 $73,015
2016 $2,178 $154,930 $84,749 $70,181
2015 $2,146 $152,603 $83,476 $69,127
2014 $2,156 $149,614 $81,841 $67,773
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20026523

California Regional Multiple Listing Service (CRMLS)

APN: 6042-005-008

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