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1227 North Avenue 56

1227 North Avenue 56, Los Angeles, CA 90042
Property in Highland Park
Sold May 12, 2010
$291,000
$311,500 by Dba Priority Financial Network
Mortgage Due Jun 01, 2043
Sold Jul 09, 2009
$543,369
Local assessors in Los Angeles, CA have categorized 1227 North Avenue 56 as a residential type of property. The home was built in 1912 and is 112 years old. The property's lot size has been calculated to be 6,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1227 North Avenue 56 has a total of 1,680 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. 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. Residents rely on air conditioning for their cooling system. The home's floor/wall heating system is the primary heating source. The property was last sold in Apr 6, 2010 for $291,000. That's $173.21 per sqft. Prior to that sales transaction, the property was also sold in Jul 2, 2009 for $543,369. 1227 North Avenue 56 was last assessed in 2023. The total value of the property was assessed at $361,029. Specifically, the land the property is located on was valued at $285,354. While improvements on the property were assessed at a total of $75,675. 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 $4,424. 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! 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: 1912
  • Effective Year Built: 1912
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,680
  • Gross Building Area: 1,250
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEWIS
  • Land Acres: 0.145
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LEWIS TRACT # 2 LOT/SEC 2 BLK/DIV/TWN 3

Ownership

  • Current Owner : YUAN YI
  • Current Owner 2: LAU HO YUEN GRACE
  • Previous Owner : AURORA LOAN SERVICES LLC
  • Owner Before Previous Owner: GARCIA GUILLERMO
  • Owner Before Previous Owner 2: GARCIA CARMEN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 183300

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 36-C1
  • Subdivision Tract Number: 2
  • Parcel: 5485-008-003
  • Block: 3
  • Lot: 2
  • Municipality: EAST /HIGHLAND PARK
  • Latitude: 34.1215
  • Longitude: -118.197

    Address

  • Full Address: 1227 N Avenue 56
  • Address - House Number: 1227
  • Street Direction: N
  • Address - Street Name: Avenue 56
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C065
  • 4-Digit Zip Code: 1829
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,424
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2208
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,062,704
  • High Value: 1,297,385
  • Low Value: 828,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,500
  • First Open Lien Mortgage Lender: DBA PRIORITY FINANCIAL NETWORK
  • First Open Lien Mortgage Recording Date: May 09, 2013
  • First Open Lien Mortgage Loan Amount: $311,500
  • 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: Jun 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,029
  • Assessed Land Value: $285,354
  • Assessed Improvements Value: $75,675

    Sales

  • Current Sale Contract Date: Apr 06, 2010
  • Current Sale Recording Date: May 12, 2010
  • Current Sale Transaction ID: 1032637357
  • Current Sale Price: $291,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 10-0647938
  • Previous Sale Recording Date: Jul 09, 2009
  • Previous Sale Contract Date: Jul 02, 2009
  • Previous Sale Amount: $543,369
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 12, 2010
  • First Mortgage Loan Amount: $218,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2040

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Frequently Asked Questions

What neighborhood is 1227 North Avenue 56 located in?
The 1227 North Avenue 56 is a located in the neighborhood of Highland Park in East LA, Los Angeles.
What is the average sales price for listings in 1227 North Avenue 56?
The average sales price for units in 1227 North Avenue 56 is $0 currently.

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