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1023 Glen Arbor Avenue

1023 Glen Arbor Avenue, Los Angeles, CA 90041
Property in Eagle Rock
Sold Oct 06, 2021
$1,125,500
$1,012,837 by Finance Of America Mortgage Ll
Mortgage Due Nov 01, 2051
Sold Jun 28, 1994
$181,000
$162,800 by Great Western Bank
Mortgage
1023 Glen Arbor Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1023 Glen Arbor Avenue has 1,486 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,170 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,788 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal 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, 1023 Glen Arbor Avenue sold most recently in Sep 23, 2021 for a total of $1,125,500. If you work out the math, that's approximately a cost of $757.40 per sqft. Before that, the property was also sold for $181,000 in Jan 1, 1970. 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 $13,264 in taxes each year. 1023 Glen Arbor Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,148,010. If we break it down further, the land itself was valued at $918,408. Improvements to the property, however, were assessed at a total of $229,602. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,788
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GLENN ARBOR TERRACE TRACT
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GLEN ARBOR TERRACE TRACT LOT/SEC 94

Ownership

  • Current Owner : NEWMAN ALEXANDRA ELYSE
  • Current Owner 2: MCKINLEY MATTHEW JAMES
  • Previous Owner : MUSMAKER JEAN A
  • Owner Before Previous Owner: GE CAPITAL ASSET MANAGEMENT CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 181500

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 26-C5
  • Parcel: 5481-010-017
  • Lot: 94
  • Municipality: EAST /LA HIGHLAND PK
  • Latitude: 34.1334
  • Longitude: -118.188

    Address

  • Full Address: 1023 Glen Arbor Ave
  • Address - House Number: 1023
  • Address - Street Name: Glen Arbor
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 2517
  • Zip Code: 90041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,264
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,402,418
  • High Value: 1,715,716
  • Low Value: 1,089,121

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,012,837
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Oct 06, 2021
  • First Open Lien Mortgage Loan Amount: $1,012,837
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,148,010
  • Assessed Land Value: $918,408
  • Assessed Improvements Value: $229,602

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Transaction ID: 11858592201
  • Current Sale Price: $1,125,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1517762
  • Previous Sale Recording Date: Jun 28, 1994
  • Previous Sale Amount: $181,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Oct 06, 2021
  • First Mortgage Loan Amount: $1,012,837
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GREAT WESTERN BANK
  • Previous Mortgage Transaction Date: Jun 28, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $162,800

About East LA



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Frequently Asked Questions

What neighborhood is 1023 Glen Arbor Avenue located in?
The 1023 Glen Arbor Avenue is a located in the neighborhood of Eagle Rock in East LA, Los Angeles.
What is the average sales price for listings in 1023 Glen Arbor Avenue?
The average sales price for units in 1023 Glen Arbor Avenue is $0 currently.

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