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1309 North Edgemont Street

1309 North Edgemont Street, Los Angeles, CA 90027
Property in Little Armenia
Sold Mar 31, 2003
$480,000
$270,000 by Americas Wholesale Lender
Mortgage Due Apr 01, 2033
Local assessors in Los Angeles, CA have categorized 1309 North Edgemont Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1930. The property's lot size has been calculated to be 6,515 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex 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, 8 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 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1309 North Edgemont Street has a total of 5,544 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. 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, 1309 North Edgemont Street sold most recently in Mar 19, 2003 for a total of $480,000. If you work out the math, that's approximately a cost of $86.58 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 $8,418 in taxes each year. 1309 North Edgemont Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $668,188. If we break it down further, the land itself was valued at $534,558. Improvements to the property, however, were assessed at a total of $133,630. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,515
  • Total Building Area: 5,544
  • Gross Building Area: 5,544
  • Building Area: 5,544
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 5,544
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LYMANS SUBDIVISION
  • Land Acres: 0.15
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LYMANS SUB OF LOT 61 LICK TR LOT/SEC 59

Ownership

  • Current Owner : WHITE DAVID J
  • Previous Owner : ACUNTO RICHARD A
  • Previous Owner 2: MCFARLANE SUSAN
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191201

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 34-F4
  • Parcel: 5543-021-005
  • Lot: 61
  • Municipality: EAST /LA ECHO PARK
  • Latitude: 34.0958
  • Longitude: -118.296

    Address

  • Full Address: 1309 N Edgemont St
  • Address - House Number: 1309
  • Street Direction: N
  • Address - Street Name: Edgemont
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C004
  • 4-Digit Zip Code: 5911
  • Zip Code: 90027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,418
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,727,701
  • High Value: 2,128,720
  • Low Value: 1,326,682

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $613,000
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Open Lien Mortgage Recording Date: Mar 31, 2003
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2033
  • Second Open Lien Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Second Open Lien Mortgage Recording Date: May 18, 2004
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $333,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2034
  • Third Open Lien Mortgage Lender: GRM ENTERPRISES
  • Third Open Lien Mortgage Recording Date: Jan 20, 2009
  • Third Open Lien Mortgage Loan Amount: $10,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $668,188
  • Assessed Land Value: $534,558
  • Assessed Improvements Value: $133,630

    Sales

  • Current Sale Contract Date: Mar 19, 2003
  • Current Sale Recording Date: Mar 31, 2003
  • Current Sale Transaction ID: 1012720166
  • Current Sale Price: $480,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 03-0887520

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Mar 31, 2003
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2033

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1309 North Edgemont Street located in?
The 1309 North Edgemont Street is a located in the neighborhood of Little Armenia in Central LA, Los Angeles.
What is the average sales price for listings in 1309 North Edgemont Street?
The average sales price for units in 1309 North Edgemont Street is $0 currently.

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