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116 Wilton Drive

116 Wilton Drive, Los Angeles, CA 90004
Sold Sep 13, 2019
$2,120,000
$1,503,288 by Bbva Compass Bancshares Inc
Mortgage Due Oct 01, 2049
Sold Nov 02, 2017
$1,475,000
$1,500,000 by Anchor Loans Inc
Mortgage
Local assessors in Los Angeles, CA have categorized 116 Wilton Drive as a residential type of property. The home was built in 1917 and is 107 years old. It was most recently renovated and altered in 1919. The property's lot size has been calculated to be 5,163 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 470 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 are 6 full bathrooms. There are also 6 partial bathrooms. This is a 2 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 116 Wilton Drive has a total of 2,874 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 19, 2019 for $2,120,000. That's $737.65 per sqft. Prior to that sales transaction, the property was also sold in Oct 25, 2017 for $1,475,000. 116 Wilton Drive was last assessed in 2023. The total value of the property was assessed at $2,228,497. Specifically, the land the property is located on was valued at $1,471,649. While improvements on the property were assessed at a total of $756,848. 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 $25,830. 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. 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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1919
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,163
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 470
  • Total Building Area: 2,874
  • Building Area: 2,874
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,874
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 232
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 232 LOT COM ON N LINE OF LOT 32 SW THEREON 14.35 FT FROM NE COR OF SD LOT TH W ON SD N LINE 62.5 FT TH S TO SECOR OF LOT 31 TH SE AND FOLLOWING BDRY SEE ASSESSOR MAPBOOK FOR MISSING PORTIONLOT 32

Ownership

  • Current Owner : CROSS NATHAN R
  • Current Owner 2: CROSS BO
  • Previous Owner : ABERFORD INVESTMENTS LLC
  • Owner Before Previous Owner: CAMERA JUAN ENRIQUE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211500

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-D6
  • Subdivision Tract Number: 232
  • Parcel: 5516-015-011
  • Lot: 32
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0723
  • Longitude: -118.314

    Address

  • Full Address: 116 Wilton Dr
  • Address - House Number: 116
  • Address - Street Name: Wilton
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C004
  • 4-Digit Zip Code: 4908
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,830
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 2,843,834
  • High Value: 3,495,130
  • Low Value: 2,192,537

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,907,788
  • First Open Lien Mortgage Lender: BBVA COMPASS BANCSHARES INC
  • First Open Lien Mortgage Recording Date: Sep 13, 2019
  • First Open Lien Mortgage Loan Amount: $1,503,288
  • 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: Oct 01, 2049
  • Second Open Lien Mortgage Lender: BBVA USA
  • Second Open Lien Mortgage Recording Date: Sep 13, 2019
  • Second Open Lien Mortgage Loan Amount: $404,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,228,497
  • Assessed Land Value: $1,471,649
  • Assessed Improvements Value: $756,848

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Transaction ID: 11645086038
  • Current Sale Price: $2,120,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0951079
  • Previous Sale Recording Date: Nov 02, 2017
  • Previous Sale Contract Date: Oct 25, 2017
  • Previous Sale Amount: $1,475,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BBVA COMPASS BANCSHARES INC
  • First Mortgage Transaction Date: Sep 13, 2019
  • First Mortgage Loan Amount: $1,503,288
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Nov 02, 2017
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 116 Wilton Drive located in?
The 116 Wilton Drive is a house located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 116 Wilton Drive?
The average sales price for units in 116 Wilton Drive is $0 currently.

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