NOT LISTED FOR SALE

860 E 40th Place Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $719,583 - $988,000

4 Beds
2 Baths
1,700 Sq Ft
$486/Sq Ft Est. Value

About This Home

This home is located at 860 E 40th Place, Los Angeles, CA 90011 and is currently estimated at $825,396, approximately $485 per square foot. 860 E 40th Place is a home located in Los Angeles County with nearby schools including Wadsworth Avenue Elementary School, Thomas Jefferson Senior High School, and Nava College Preparatory Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2018
Sold by
Melgar Brenda J and Melgar Brenda
Bought by
Melgar Brenda J
Current Estimated Value
$825,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Outstanding Balance
$223,596
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$601,800

Purchase Details

Closed on
Aug 14, 2012
Sold by
Melgar Alberto and Melgar Maria Socorro
Bought by
Melgar Brenda

Purchase Details

Closed on
Feb 23, 2011
Sold by
4 Clothes 4 Tc Llc
Bought by
Melgar Brenda and Melgar Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,069
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2010
Sold by
Melendez Jose A Cruz
Bought by
4 Clothes 4 Tc Llc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Melendez Jose A Cruz and Melendez Jose
Bought by
Melendez Jose A Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
Arrazabal Ana S
Bought by
Melendez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 26, 2005
Sold by
Gazep Inc
Bought by
Melendez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 16, 2004
Sold by
Zepeda Irma
Bought by
Zepeda Ezequiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 22, 2004
Sold by
Loh Investment Lp
Bought by
Zepeda Ezequiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2004
Sold by
City Of Los Angeles
Bought by
Loh Investment Lp

Purchase Details

Closed on
Feb 10, 2002
Sold by
Loh Irene W and Loh Wellington
Bought by
Loh Investment Ltd Partnership

Purchase Details

Closed on
Dec 5, 1998
Sold by
Loh Wellington
Bought by
Loh Irene W and Loh Wellington
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Melgar Brenda J -- Wfg Title Company
Melgar Brenda -- Accommodation
Melgar Brenda $240,000 Fidelity Title Company
4 Clothes 4 Tc Llc $148,000 None Available
Melendez Jose A Cruz -- Lawyers Title Company
Melendez Jose -- Sut
Melendez Jose $430,000 Sut
Gazep Inc -- Sut
Zepeda Ezequiel -- California Counties Title Co
Zepeda Ezequiel $110,000 California Counties Title Co
Loh Investment Lp -- --
Loh Investment Ltd Partnership -- --
Loh Irene W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgar Brenda J $258,000
Closed Melgar Brenda $218,069
Previous Owner Melendez Jose A Cruz $417,000
Previous Owner Gazep Inc $64,500
Previous Owner Melendez Jose $344,000
Previous Owner Zepeda Ezequiel $174,000
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 $3,884 $307,339 $113,249 $194,090
2024 $3,884 $301,314 $111,029 $190,285
2023 $3,812 $295,406 $108,852 $186,554
2022 $3,638 $289,615 $106,718 $182,897
2021 $3,587 $283,937 $104,626 $179,311
2019 $3,482 $275,518 $101,524 $173,994
2018 $3,420 $270,117 $99,534 $170,583
2016 $3,254 $259,630 $95,670 $163,960
2015 $3,208 $255,731 $94,233 $161,498
2014 $3,225 $250,723 $92,388 $158,335
Source: Public Records

Map

California Los Angeles County Los Angeles 90011 Historic South Central

860 E 40th Place, Los Angeles, CA

Not Listed for Sale

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