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1041 Ter

1041 Ter, Los Angeles, CA 90042
Local assessors in Los Angeles, CA have categorized 1041 Ter as a type of property. The home was built in 1953 and is 73 years old. It was most recently renovated and altered in 1954. The property's lot size has been calculated to be 11,493 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1041 Ter has a total of 1,320 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 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 - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. The home's is the primary heating source. 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, 1041 Ter sold most recently in Jul 14, 2022 for a total of $1,075,000. If you work out the math, that's approximately a cost of $814.39 per sqft. 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 $113,839 in taxes each year. 1041 Ter was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,075,000. If we break it down further, the land itself was valued at $860,000. Improvements to the property, however, were assessed at a total of $215,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Wood Siding

Driveway

Driveway

Parking

Garage Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220615
06/15/2022
3 Bed
1 Bath
1320 ft²
$1,150,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1320 ft²
-
-
Dave Knight
Keller Williams - Pasadena


Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,493
  • Lot Size Depth Feet: 1,180
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 5919
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TRACT NO 5919 LOT COM N 14 4940 E 68.38 FT FROM SE COR OF LOT 89 TH N 75 1020 W 96.48 FT TH N 14 4940 E TO NE LINE OF SD LOT TH SE AND FOLLOWING BDRY LINE OF SD LOT TO BEG PART OF LOT/SEC 89

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 186203

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 36-A1
  • Subdivision Tract Number: 5919
  • Parcel: 5475-010-018
  • Lot: 89
  • Municipality: EAST /LA MT WASHINGTN
  • Latitude: 34.1164
  • Longitude: -118.215

    Address

  • Full Address: 1041 Terrace 49
  • Address - House Number: 1041
  • Address - Street Name: Terrace 49
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 3140
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $113,839
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,100,457
  • High Value: 1,340,780
  • Low Value: 860,134

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,075,000
  • Assessed Land Value: $860,000
  • Assessed Improvements Value: $215,000

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 795012
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 1041 Ter located in?
The 1041 Ter is a house located in the neighborhood of Mount Washington in East LA, Los Angeles.
What is the average sales price for listings in 1041 Ter?
The average sales price for units in 1041 Ter is $0 currently.