Department LA 11 Court Convened at: 08:30 AM 04/03/2014 Honorable Lesley C. Green Connie Hudson, Deputy County Clerk, Deputy Sheriff Paula Renteria CSR 9374 , Reporter BP122665 1022 FULLER, THELSEY L. - TRUST Trust Proceedings TRUST - OTHER
http://www.lasuperiorcourt.org/Probate/UI/
THAT THE SALE NOT BE CONFIRMED BY THE COURT FOR FAR BELOW FAIR MARKET VALVE BUT, INSTEAD THAT THE TRUST ASSET BE PLACED BACK ON THE OPEN MARKET AND RE-LISTED FOR SALE AT A REASONABLE PRICE REFLECTIVE OF THE MARKET.Online Services - Probate Notes
PROBATE NOTES
OTHER CASES: Settlor Thelsey Fuller's predecd spouse, Edwina
Fuller, died on 8/29/2011. Steven Fuller is the admr of Edwina's
estate at BP135381. Edwina Fuller's cshp proceeding at BP099211
Mr. Thelsey L. Fuller; born 06/02/1917, died 08/26/2009
Mrs. Edwina J. Fuller, born 08/20/1917, died 06/02/2012
FACTS: Petnr seeks an order confirming the action taken by petnr
pursuant to Probate Code section 16503 to sell the trust's fifty
percent (50%) interest in R/P located at 1916 North Belhaven, Los
Angeles, CA. The Court has previously issued an order confirming
sale of the other 50% of the R/P held by decd settlor's predecd
spouse, Edwina, to TDC Pacific Properties, Inc.* in BP135381.
Petnr desires to complete the sale of the trust's one-half interest in
the R/P on the same terms, to the same buyer.
Petnr alleges the sale is necessary to pay debts, taxes and expenses of
administration and that the sale is for the highest and best sale price
and terms available.
Petnr alleges that on 9/13/13, the succr tee mailed a notice of proposed
action in compliance with Probate Code sections 16500 to 16504 to the
heirs and named benes of the trust. Petnr alleges he has received
objections to the sale from trust beneficiaries...
If the sale of 1916 N. Belhaven Ave., Los Angeles, CA. 90059 is confirmed by the Court at $153,000.00, the Trust will have lost $100,000.00. Homes in the area are being sold for $250,000.00 - $300,000.00 on average. This sale being necessary the maximum selling price has yet to be established as the way the sale was previously conducted by Steven Fuller administrator of Edwina's estate and Trustee's attorney, Attorney Jeanne M. Fitzgerald.
COMPARABLE SALES
2022 N Belhaven Ave, Los Angeles, CA 90059
$329,000 on Mar 04, 2014
13024 Clovis Ave, Los Angeles, CA 90059
$328,000 on Mar 03, 2014
12803 Mckinley Ave, Los Angeles, CA 90059
$310,000 on Jan 30, 2014
13018 Stanford Ave, Los Angeles, CA 90059
$300,000 on Nov 27, 2013
2001 N Dern Ave, Los Angeles, CA 90059
$297,500 on Dec 30, 2013
13118 Mckinley Ave, Los Angeles, CA 90059
$275,000 on Dec 20, 2013
13236 Mckinley Ave, Los Angeles, CA 90059
$275,000 on Oct 29, 2013
2105 N Central Ave, Los Angeles, CA 90059
$270,000 on Jan 02, 2014
13326 Stanford Ave, Los Angeles, CA 90059
$265,000 on Nov 20, 2013
12218 Slater Ave, Los Angeles, CA 90059
$265,000 on Mar 03, 2014
2804 W 134Th St, Los Angeles, CA 90059
$255,000 on Oct 08, 2013
1908 N Salinas Ave, Los Angeles, CA 90059
$250,000 on Dec 27, 2013
2030 N Keene Ave, Los Angeles, CA 90059
$230,000 on Nov 01, 2013
12914 Keene Ave, Los Angeles, CA 90059
$230,000 on Mar 14, 2014
http://www.realtor.com/soldhomeprices/90059
RELIEF:
1. JTD confirmation of sale of the trust's interest in R/P located at 1916
North Bellhaven Avenue, Los Angeles, CA, to TDC Pacific Properties,
Inc., for the sum of $76,625
2. JTD approval of commission of 5% of the amount, totaling $3,831.25,
as follows: Gilleran Griffin Realtors, 2%, $1,915.62; Joe Garrett, 2.5%
in the amount of $1,915.62
3. JTD payment of $76,625 all cash with deposit of $7,800 by buyer
4. JTD property sold "As Is" condition and is subject to any and all
persons who may be occupying the premises
5. JTD notice of this sale is not subject to publication
THAT THE SALE NOT BE CONFIRMED BY THE COURT FOR FAR BELOW FAIR MARKET VALVE BUT, INSTEAD THAT THE TRUST ASSET BE PLACED BACK ON THE OPEN MARKET AND RE-LISTED FOR SALE AT A REASONABLE PRICE REFLECTIVE OF THE MARKET.
ELDER ABUSE, WHO DIDN'T I TELL?
A Commitment To Daddy, Before & After
*TDC specializes in purchasing single and multi-family properties at the LA County Trustee Sales where bank foreclosures are sold at a very fast paced and highly competitive auction for below market prices. THE TRUST ASSET IS NOT A FORECLOSURE!
“All that is necessary for the triumph of evil is that good men do nothing." - Edmund Burke
"Si vis Pacem, Para Bellum - If you want Peace, prepare for War."
"Fall Down Seven Times, Stand Up Eight."
"Don't stop until your good is better and your better is best... your best is the best there is!"
"FAILURE IS NOT AN OPTION!"
133 Behold, how good and how pleasant it is for brethren to dwell together in unity!
2 It is like the precious ointment upon the head, that ran down upon the beard, even Aaron's beard: that went down to the skirts of his garments;
3 As the dew of Hermon, and as the dew that descended upon the mountains of Zion: for there the Lord commanded the blessing, even life for evermore.
Psalm 133 King James Version (KJV)
