NOT LISTED FOR SALE

745 W 40th St San Pedro, CA 90731

Estimated Value: $798,000 - $982,000

2 Beds
1 Bath
879 Sq Ft
$964/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $725,000 $825 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,241/month

8 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Direct Access Garage
  • French Doors
  • No HOA
  • Laundry Room
  • 4-minute walk to Point Fermin Park

About This Home

As of November 2021

Gorgeous remodeled Spanish Bungalow-Style home, in a fabulous and highly desirable neighborhood of Point Fermin Area of San Pedro. Where you can walk to the park, to the Lighthouse, to the Korean Friendship Bell and restaurants, and where you will feel the ocean breeze, hear the fog horn and stay closely tied to the ocean while enjoying the sea life that this area has to offer. This 2 bedroom, 1 bathroom house has been updated with new kitchen with granite counter tops, newer stove and dishwasher, refinished hardwood floors though-out, decorative fireplace, adorable circular sitting area with built-in bookshelf, and dining area with French doors that open to patio and front yard. This light, bright home boast new window. The bathroom has original artsy tile, the house has arched hallways and an extra storage room, plus an attached garage with laundry hookups.
Very private all enclosed front yard perfect for entertaining and property is gated. Enjoy your private yard or, head on over and eat al fresco at Cabrillo Beach or Abalone Cove. A wonderful starter home offering the perfect California Beach Lifestyle.

Last Agent to Sell the Property

Marija Terzic

Allison James Estates & Homes License #01429656 Listed on: 10/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,109

Year Built

  • Built in 1927

Lot Details

  • 2,338 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Parking

  • 1 Car Direct Access Garage
  • Parking Available

Home Design

  • Stucco

Interior Spaces

  • 879 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 22 / 8
  • Tax Tract Number 297
  • Assessor Parcel Number 7467028023
  • $130 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,109

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 760-450-9396
  • Other Phone Description: 760-450-9396
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7467028023
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 879.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 824.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2338.00
  • Lot Size Acres: 0.0537

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2338.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 2976.01
  • Tax Lot: 22
  • Tax Tract Number: 297...
  • TaxOtherAnnualAssessmentAmount: 130.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Oct 28, 2021
Sold by
Mcclintock Bonnie C
Bought by
Carter Eileen
Seller's Agent
Marija Terzic
Allison James Estates & Homes
List Price
$719,000
Sold Price
$725,000
Premium/Discount to List
$6,000
0.83%
Current Estimated Value
$847,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,791
Avg. Annual Appreciation
4.06%
Original Mortgage
$652,500
Outstanding Balance
$597,904
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$249,887

Purchase Details

Closed on
Sep 14, 1998
Sold by
Hunt Carol C Trust
Bought by
Mcclintock Bonnie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.54%

Purchase Details

Closed on
Jul 19, 1996
Sold by
Hunt Carol Conklin
Bought by
Hunt Carol Conklin and Carol Conklin Hunt Trust
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
Carter Eileen $725,000 Fidelity National Title
Mcclintock Bonnie C $150,000 First American Title Co
Hunt Carol Conklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Eileen $652,500
Previous Owner Mcclintock Bonnie C $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $725,000 +0.8% $825 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $719,000 -- $818 / 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 $9,109 $769,375 $615,500 $153,875
2024 $9,109 $754,290 $603,432 $150,858
2023 $8,930 $739,500 $591,600 $147,900
2022 $8,507 $725,000 $580,000 $145,000
2021 $2,603 $217,232 $173,791 $43,441
2019 $2,523 $210,790 $168,637 $42,153
2018 $2,490 $206,658 $165,331 $41,327
2016 $2,369 $198,635 $158,912 $39,723
2015 $2,334 $195,652 $156,525 $39,127
2014 $2,347 $191,820 $153,459 $38,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND21211553

California Regional Multiple Listing Service (CRMLS)

APN: 7467-028-023