NOT LISTED FOR SALE

959 S Concord St Los Angeles, CA 90023

Estimated Value: $742,000 - $925,168

4 Beds
2 Baths
2,158 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 02, 2012

Last sale price $250,000 $116 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $4,777/month

158 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Heating System Uses Natural Gas
  • Felicitas and Gonzalo Mendez High Rated A-
  • Tile Flooring

About This Home

As of May 2012

Shor Sale Subject to lender approval

Last Agent to Sell the Property

Gustavo Rico

NT & Associates, Inc. License #01171199 Listed on: 09/27/2011

Last Buyer's Agent

NoEmail NoEmail

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,124

Year Built

  • Built in 1914

Lot Details

  • 6,664 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Contemporary Architecture
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 2,158 Sq Ft Home
  • Tile Flooring
  • City Lights Views

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 5188023035

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $200
  • New Taxes Expense $6,653
  • Gross Income $2,000
  • Net Operating Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,124

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.88
  • View: Yes
  • Water Sewer Expenses: 200.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5188023035
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 115.85

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6664.00
  • Lot Size Acres: 0.1530

Multi Family

  • Gross Income: 2000.00
  • Gross Multiplier: 113.64
  • Gross Scheduled Income: 2200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6664.0000 Square Feet
  • Net Operating Income: 2200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Operating Expense: 200.00

Tax Info

  • New Taxes Expense: 6653.00
  • Tax Area: 4
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2011
Closed on
Apr 11, 2012
Sold by
Trujillo Gutierrez Fermin Trujillo and Trujillo Gutierrez Tomas
Bought by
Reyes Jose Santos and Hernandez Concepcion
Seller's Agent
Gustavo Rico
NT & Associates, Inc.
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$815,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,292
Avg. Annual Appreciation
9.18%
Original Mortgage
$243,662
Outstanding Balance
$170,599
Interest Rate
4.05%
Mortgage Type
FHA
Estimated Equity
$636,752

Purchase Details

Closed on
Dec 6, 2005
Sold by
Trujillo Adelina
Bought by
Gutierrez Tomas Trujillo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
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
Reyes Jose Santos $250,000 Fidelity National Title Co
Gutierrez Tomas Trujillo -- Landwood Title
Trujillo Gutierrez Fermin Trujillo $475,000 Landwood Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Jose Santos $243,662
Previous Owner Trujillo Gutierrez Fermin Trujillo $380,000
Previous Owner Waites Donald E $155,000
Previous Owner Waites Donald E $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2012 05/02/12 Sold $250,000 0.0% $116 / Sq Ft
03/03/2012 03/03/12 Pending -- -- --
09/27/2011 09/27/11 For Sale $250,000 -- $116 / 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 $4,124 $314,001 $219,803 $94,198
2024 $4,124 $307,845 $215,494 $92,351
2023 $4,050 $301,810 $211,269 $90,541
2022 $3,872 $295,893 $207,127 $88,766
2021 $3,817 $290,092 $203,066 $87,026
2020 $3,849 $287,118 $200,984 $86,134
2019 $3,709 $281,490 $197,044 $84,446
2018 $3,574 $275,972 $193,181 $82,791
2016 $3,398 $265,258 $185,681 $79,577
2015 $3,351 $261,274 $182,892 $78,382
2014 $3,375 $256,157 $179,310 $76,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1106165

California Regional Multiple Listing Service (CRMLS)

APN: 5188-023-035