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1029 King Avenue

1029 King Avenue, Wilmington, CA 90744
Property in Wilmington
Sold Aug 23, 2006
$459,000
$367,200 by Loan Lines Inc
Mortgage Due Sep 01, 2036
Sold Jun 17, 2003
$245,000
$241,062 by Guaranty Residential Lending I
Mortgage Due Jul 01, 2033
Local assessors in Wilmington, CA have categorized 1029 King Avenue as a residential type of property. The home was built in 1929 and is 95 years old. It was most recently renovated and altered in 1937. The property's lot size has been calculated to be 6,267 square feet. The linear feet between the front and back of the lot was measured at 1,570 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1029 King Avenue has a total of 852 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a flat style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. The property was last sold in Jul 18, 2006 for $459,000. That's $538.73 per sqft. Prior to that sales transaction, the property was also sold in May 16, 2003 for $245,000. 1029 King Avenue was last assessed in 2023. The total value of the property was assessed at $578,000. Specifically, the land the property is located on was valued at $462,000. While improvements on the property were assessed at a total of $116,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,902. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,267
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 400
  • Total Building Area: 852
  • Building Area: 852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1989
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1989 LOT/SEC 10

Ownership

  • Current Owner : HERNANDEZ GUILLERMO
  • Previous Owner : PARK SUNG HYE
  • Previous Owner 2: BEACH SETH
  • Owner Before Previous Owner: SMITH ROBERT F
  • Owner Before Previous Owner 2: SMITH JACQUELINE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 294302

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 74-B4
  • Subdivision Tract Number: 1989
  • Parcel: 7415-031-015
  • Lot: 10
  • Municipality: SOUTH /WILMINGTON
  • Latitude: 33.7831
  • Longitude: -118.276

    Address

  • Full Address: 1029 King Ave
  • Address - House Number: 1029
  • Address - Street Name: King
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Wilmington
  • Carrier Code: C012
  • 4-Digit Zip Code: 3203
  • Zip Code: 90744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,902
  • Tax Rate Code Area: 00-400

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 643,512
  • High Value: 790,032
  • Low Value: 496,991

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,200
  • First Open Lien Mortgage Lender: LOAN LINES INC
  • First Open Lien Mortgage Recording Date: Aug 23, 2006
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $367,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $578,000
  • Assessed Land Value: $462,000
  • Assessed Improvements Value: $116,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2006
  • Current Sale Recording Date: Aug 23, 2006
  • Current Sale Transaction ID: 1032357290
  • Current Sale Price: $459,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-1879041
  • Previous Sale Recording Date: Jun 17, 2003
  • Previous Sale Contract Date: May 16, 2003
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOAN LINES INC
  • First Mortgage Transaction Date: Aug 23, 2006
  • First Mortgage Loan Amount: $367,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTY RESIDENTIAL LENDING I
  • Previous Mortgage Transaction Date: Jun 17, 2003
  • Previous Mortgage Loan Amount: $241,062
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2033

About Harbor



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Frequently Asked Questions

What neighborhood is 1029 King Avenue located in?
The 1029 King Avenue is a located in the neighborhood of Wilmington in Harbor, Wilmington.
What is the average sales price for listings in 1029 King Avenue?
The average sales price for units in 1029 King Avenue is $0 currently.

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