NOT LISTED FOR SALE

973 W Vernon Ave Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $602,222 - $1,048,000

4 Beds
4 Baths
3,900 Sq Ft
$225/Sq Ft Est. Value

Last Sold January 07, 2014

Last sale price $300,000 $77 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $5,324/month

2 Days on Market

About This Home

As of January 2014

Very spacious units-almost 1000sqft each.

Last Agent to Sell the Property

Eva Correa

Eva Correa & Associates License #01272173 Listed on: 09/16/2013

Last Buyer's Agent

Eva Correa

Eva Correa & Associates License #01272173 Listed on: 09/16/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,972

Year Built

  • Built in 1916

Lot Details

  • 5,383 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,900 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 2317
  • Assessor Parcel Number 5020035017

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $2,775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,972

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5020035017
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 76.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5383.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 2775.00
  • Gross Scheduled Income: 2775.00
  • Lot Size Area: 5383.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 2317
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2015
Sold by
Hoang Han
Bought by
Hoang Han Mai and The K H Family Trust
Current Estimated Value
$877,306

Purchase Details

Listed on
Sep 16, 2013
Closed on
Dec 27, 2013
Sold by
Ngo Kinh
Bought by
Hoang Han
Seller's Agent
Eva Correa
Eva Correa & Associates
Buyer's Agent
Eva Correa
Eva Correa & Associates
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Salmeron Gloria E
Bought by
Salmeron Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,500
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Nunez Ana
Bought by
Salmeron Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,500
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Nunez Maurice
Bought by
Nunez Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2005
Sold by
Ortega Noemi
Bought by
Nunez Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2003
Sold by
Patzan Federico
Bought by
Ortega Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,807
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 2002
Sold by
Ventura Jose and Ventura Maria
Bought by
Ortega Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,662
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 1994
Sold by
Ventura Maria and Lopez Robert
Bought by
Ventura Jose De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.8%

Purchase Details

Closed on
Jul 7, 1994
Sold by
Ventura Jose De Jesus and Lopez Robert
Bought by
Ventura Jose De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.8%
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
Hoang Han Mai -- None Available
Hoang Han -- Ticor Title Company
Hoang Han $300,000 Ticor Title Company
Salmeron Rafael -- Fidelity National Title Co
Salmeron Rafael $590,000 Fidelity Van Nuys
Nunez Ana -- Fidelity Van Nuys
Nunez Maurice $435,000 Fidelity Van Nuys
Ortega Noemi -- American Title Co
Ortega Noemi $216,000 American Title Co
Ventura Jose De Jesus -- Southland Title
Ventura Jose De Jesus -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Han Mai $315,000
Previous Owner Salmeron Rafael $560,500
Previous Owner Nunez Ana $348,000
Previous Owner Ortega Noemi $223,807
Previous Owner Ortega Noemi $212,662
Previous Owner Ventura Jose De Jesus $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2014 01/07/14 Sold $300,000 +1.7% $77 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $295,000 -- $76 / 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 $6,972 $539,369 $367,754 $171,615
2024 $6,972 $528,794 $360,544 $168,250
2023 $6,850 $518,426 $353,475 $164,951
2022 $6,552 $508,262 $346,545 $161,717
2021 $6,452 $498,297 $339,750 $158,547
2019 $6,270 $483,520 $329,674 $153,846
2018 $6,150 $474,040 $323,210 $150,830
2016 $5,853 $455,634 $310,660 $144,974
2015 $5,772 $448,791 $305,994 $142,797
2014 -- $350,000 $218,200 $131,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Eva Correa

    Eva Correa & Associates

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13190460

California Regional Multiple Listing Service (CRMLS)

APN: 5020-035-017

California Los Angeles County Los Angeles 90037 Vermont Square

973 W Vernon Ave, Los Angeles, CA

This home is located at 973 W Vernon Ave, Los Angeles, CA 90037 since 16 September 2013 and is currently estimated at $877,306, approximately $224 per square foot. This property was built in 1916. 973 W Vernon Ave is a home located in Los Angeles County with nearby schools including Marguerite Poindexter Lamotte Elementary, Dr. James Edward Jones Primary Center, and Barack Obama Global Preparation Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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