NOT LISTED FOR SALE

940 W 81st St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $662,000 - $765,000

4 Beds
2 Baths
1,454 Sq Ft
$493/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $305,000 $210 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,146/month

1 Day on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-minute walk to Vermont Miracle Park
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of January 2014

2 GREAT UNITS!! REMODELED AND MOVE IN READY. THIS PROPERTY GIVES BUYERS THE OPPORTUNITY TO LIVE IN ONE AND RENT THE OTHER. THIS PROPERTY FEATURES 2 BEDROOMS 1 BATH IN EACH UNIT. THE FIRST UNIT HAS NEW LAMINATE FLOORING UPDATED KITCHEN WITH NEW GRANITE COUNTER TOPS AND RENOVATED BATHROOM. 2 UNIT HAS AN OPEN FLOOR CONCEPT WITH 2 BEDROOMS 1 BATH UPDATED BATHROOM LOOKS GREAT WITH NEW SHOWER TILE NEW VANITY. KITCHEN HAS NEW GRANITE COUNTER TOPS. lOCATED CLOSE TO 110FWY AND SHOPPING AREAS. MINUTES FROM DOWNTOWN. THIS HOME WILL NOT LAST

Last Agent to Sell the Property

David Chavez

RE/MAX CHAMPIONS WC License #01257674 Listed on: 11/26/2013

RE/MAX CHAMPIONS WC

Last Buyer's Agent

Edward Fojas

eXp Realty of California Inc License #01281268

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 1913

Lot Details

  • 4,456

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • 4,456 Sq Ft Lot
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 216
  • Tax Tract Number 2382
  • Assessor Parcel Number 6032005010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,692

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6032005010
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1454.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 209.77
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4456.00
  • Lot Size Acres: 0.1020

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4456.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 216
  • Tax Tract Number: 2382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2013
Closed on
Dec 19, 2013
Sold by
H O D Properties Llc
Bought by
Bolanos Francisco G
Seller's Agent
David Chavez
RE/MAX CHAMPIONS WC
Buyer's Agent
Edward Fojas
eXp Realty of California Inc
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%
Current Estimated Value
$717,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,510
Avg. Annual Appreciation
7.53%
Original Mortgage
$299,475
Outstanding Balance
$234,711
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$482,799

Purchase Details

Closed on
Mar 28, 2013
Sold by
Medrano Ladislao C
Bought by
Hod Properties Llc

Purchase Details

Closed on
Nov 28, 2005
Sold by
Rivas Luis A
Bought by
Medrano Ladislao C and Medrano Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 15, 2003
Sold by
Rivas Lorena
Bought by
Rivas Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.6%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 29, 2002
Sold by
Valencia Jose Antonio
Bought by
Rivera Santos Leonel and Hernandez Feliciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,419
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2001
Sold by
Hud
Bought by
Valencia Jose Antonio and Valencia Milagro E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.99%

Purchase Details

Closed on
Feb 7, 2000
Sold by
Bonilla Maria G
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Feb 8, 1999
Sold by
Flores George
Bought by
Bonilla Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,837
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1998
Sold by
Ricks Essie L Trust
Bought by
Flores George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 23, 1995
Sold by
Ricks Essie Lee
Bought by
Ricks Essie Lee and Trust Of Essie Lee Ricks

Purchase Details

Closed on
Feb 10, 1994
Sold by
Ricks Essie Lee
Bought by
Ricks Essie Lee and Hogans Leona
Source: Public Records

Range of Values:

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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
Bolanos Francisco G $305,000 Orange Coast Title Company
Hod Properties Llc $275,000 None Available
Medrano Ladislao C $515,000 First American Title
Rivas Luis A -- First American Title Co Los
Rivas Luis $240,000 First American Title
Rivera Santos Leonel -- First American Title Co Los
Rivera Santos Leonel -- First American Title Co Los
Rivera Santos Leonel $167,000 Chicago Title Co
Valencia Jose Antonio $120,000 Fidelity Title
Chase Manhattan Mtg Corp $189,332 First American Title Ins Co
Bonilla Maria G $175,000 Fidelity National Title
Flores George $112,000 Commonwealth Land Title Co
Ricks Essie Lee -- --
Ricks Essie Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolanos Francisco G $299,475
Previous Owner Medrano Ladislao C $412,000
Previous Owner Rivas Luis $228,000
Previous Owner Rivera Santos Leonel $164,419
Previous Owner Valencia Jose Antonio $114,000
Previous Owner Bonilla Maria G $173,837
Previous Owner Flores George $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $305,000 +3.4% $210 / Sq Ft
11/26/2013 11/26/13 For Sale $295,000 -- $203 / 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 $4,692 $373,877 $224,328 $149,549
2024 $4,692 $366,547 $219,930 $146,617
2023 $4,609 $359,361 $215,618 $143,743
2022 $4,404 $352,316 $211,391 $140,925
2021 $4,343 $345,409 $207,247 $138,162
2019 $4,217 $335,165 $201,100 $134,065
2018 $4,126 $328,594 $197,157 $131,437
2016 $3,939 $315,836 $189,502 $126,334
2015 $3,883 $311,093 $186,656 $124,437
2014 $3,558 $276,247 $220,998 $55,249
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Chavez

    RE/MAX

    Section Image
  • Edward Fojas

    Buyer's Agent in 2014

    Edward Fojas

    eXp Realty of California Inc

    (714) 420-6038

    38 Total Sales

    Edward Fojas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13238828

California Regional Multiple Listing Service (CRMLS)

APN: 6032-005-010

California Los Angeles County Los Angeles 90044 Vermont Knolls

940 W 81st St, Los Angeles, CA

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