NOT LISTED FOR SALE

Inglewood, CA 90305

Morningside Park Neighborhood

Estimated Value: $964,607 - $1,261,000

5 Beds
4 Baths
2,526 Sq Ft
$433/Sq Ft Est. Value

Last Sold June 10, 2014

Last sale price $500,000 $198 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,648/month

43 Days on Market

About This Home

As of June 2014

This home since 02 March 2014 and is currently estimated at $1,092,652, approximately $432 per square foot. This property was built in 1950. This home is a home located in Los Angeles County with nearby schools including Monroe (Albert F.) Middle School, Inglewood High School, and Animo Inglewood Charter High School.

Last Agent to Sell the Property

Wasiu Animashaun

Pacific Playa Realty License #01828978 Listed on: 03/02/2014

Last Buyer's Agent

OGIE OBASEKI

License #1025196

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,337

Year Built

  • Built in 1950

Lot Details

  • 6,037 Sq Ft Lot

Interior Spaces

  • 2,526 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4026-002-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,337

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 2526
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 209.82

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 212178
  • Assessed Land Value: 74883
  • Assessor Parcel Number: 4026-002-025
  • Geocode Override: No
  • Lot Size Area: 6037

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.78
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 14968
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2014
Closed on
Apr 16, 2014
Sold by
Williams John W
Bought by
Amoni Johnson Omoh
Seller's Agent
Wasiu Animashaun
Pacific Playa Realty
Buyer's Agent
OGIE OBASEKI
List Price
$530,000
Sold Price
$500,000
Premium/Discount to List
-$30,000
-5.66%
Total Days on Market
43
Current Estimated Value
$1,092,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,652
Avg. Annual Appreciation
6.99%
Original Mortgage
$330,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Williams John W
Bought by
Williams John W and Williams Kathy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 26, 2002
Sold by
Williams John W
Bought by
Williams John W and Williams Kathy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,102
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2000
Sold by
Williams John W
Bought by
Williams John W and Williams Kathy F

Purchase Details

Closed on
Sep 21, 1999
Sold by
Southwest Pacific Properties
Bought by
Williams John W and Williams Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1998
Sold by
Bailey Robert E
Bought by
Southwest Pacific Properties
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
Amoni Johnson Omoh $500,000 Nations Title Company
Williams John W -- Accommodation
Williams John W -- Fidelity Van Nuys
Williams John W -- Orange Coast Title
Williams John W -- --
Williams John W $230,000 --
Southwest Pacific Properties $135,039 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amoni Johnson Omoh $330,000
Previous Owner Williams John W $434,000
Previous Owner Williams John W $393,400
Previous Owner Williams John W $54,000
Previous Owner Williams John W $234,000
Previous Owner Williams John W $228,682
Previous Owner Williams John W $228,682
Previous Owner Williams John W $224,102
Previous Owner Williams John W $225,223
Previous Owner Williams John W $228,119
Previous Owner Southwest Pacific Properties $14,000
Previous Owner Southwest Pacific Properties $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2014 06/10/14 Sold $500,000 -5.7% $198 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $530,000 -- $210 / Sq Ft
Source: The MLS

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 $8,337 $612,919 $490,338 $122,581
2024 $8,337 $600,902 $480,724 $120,178
2023 $8,251 $589,121 $471,299 $117,822
2022 $8,396 $577,570 $462,058 $115,512
2021 $8,323 $566,247 $452,999 $113,248
2019 $7,833 $549,454 $439,564 $109,890
2018 $7,788 $538,682 $430,946 $107,736
2016 $7,373 $517,766 $414,213 $103,553
2015 $7,305 $509,990 $407,992 $101,998
2014 $4,518 $288,363 $75,222 $213,141
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Wasiu Animashaun

    Pacific Playa Realty

  • O

    Buyer's Agent in 2014

    OGIE OBASEKI

See All Agents

Source: The MLS

MLS Number: 14-741205

The MLS

APN: 4026-002-025

California Los Angeles County Inglewood 90305

Morningside Park

This home since 02 March 2014 and is currently estimated at $1,092,652, approximately $432 per square foot. This property was built in 1950. This home is a home located in Los Angeles County with nearby schools including Monroe (Albert F.) Middle School, Inglewood High School, and Animo Inglewood Charter High School.

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