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1020 Watson Avenue

1020 Watson Avenue, Wilmington, CA 90744
Property in Wilmington
Sold Dec 07, 2001
$215,000
$172,088 by Paramount Residential Mortgage
Mortgage Due May 01, 2033
Sold Dec 12, 2000
$204,476
1020 Watson Avenue in Wilmington, CA was first built in 1997 and is 27 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1020 Watson Avenue has 1,866 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,022 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1020 Watson Avenue sold most recently in Oct 25, 2001 for a total of $215,000. If you work out the math, that's approximately a cost of $115.22 per sqft. Before that, the property was also sold for $204,476 in Dec 7, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,836 in taxes each year. 1020 Watson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $305,266. If we break it down further, the land itself was valued at $170,950. Improvements to the property, however, were assessed at a total of $134,316. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,022
  • Total Building Area: 1,866
  • Building Area: 1,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILMINGTON PARK TRACT
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE WILMINGTON PARK TRACT LOT/SEC 15 BLK/DIV/TWN C

Ownership

  • Current Owner : CHAVEZ LUCIO
  • Previous Owner : HURTADO MARIA
  • Owner Before Previous Owner: HURTADO MARIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 294620

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 74-D4
  • Parcel: 7425-033-008
  • Block: C
  • Lot: 15
  • Municipality: SOUTH /WILMINGTON
  • Latitude: 33.7843
  • Longitude: -118.247

    Address

  • Full Address: 1020 Watson Ave
  • Address - House Number: 1020
  • Address - Street Name: Watson
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Wilmington
  • Carrier Code: C002
  • 4-Digit Zip Code: 3720
  • Zip Code: 90744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,836
  • Tax Rate Code Area: 00-400

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 683,345
  • High Value: 826,994
  • Low Value: 539,696

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $201,784
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 29, 2013
  • First Open Lien Mortgage Loan Amount: $172,088
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2033
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: May 16, 2022
  • Second Open Lien Mortgage Loan Amount: $29,696
  • Second Open Lien Mortgage Term: 131
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,266
  • Assessed Land Value: $170,950
  • Assessed Improvements Value: $134,316

    Sales

  • Current Sale Contract Date: Oct 25, 2001
  • Current Sale Recording Date: Dec 07, 2001
  • Current Sale Transaction ID: 1034852476
  • Current Sale Price: $215,000
  • Current Sale Document Type: Individual Deed
  • Current Sale Input Document Number: 01-2339145
  • Previous Sale Recording Date: Dec 12, 2000
  • Previous Sale Contract Date: Dec 07, 2000
  • Previous Sale Amount: $204,476
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MARINA MTG CO
  • First Mortgage Transaction Date: Dec 07, 2001
  • First Mortgage Loan Amount: $211,678
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2031
  • Second Mortgage Loan Amount: $6,450

About Harbor



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Frequently Asked Questions

What neighborhood is 1020 Watson Avenue located in?
The 1020 Watson Avenue is a located in the neighborhood of Wilmington in Harbor, Wilmington.
What is the average sales price for listings in 1020 Watson Avenue?
The average sales price for units in 1020 Watson Avenue is $0 currently.

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