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1316 North Chester Avenue

1316 North Chester Avenue, Inglewood, CA 90302
Sold Dec 01, 2020
$638,500
$510,480 by Us Bank Na
Mortgage Due Dec 01, 2050
Sold Oct 01, 2009
$220,000
$216,015 by Prospect Mortgage Llc
Mortgage Due Oct 01, 2039
1316 North Chester Avenue has been categorized by the local assessors in Inglewood, CA as a residential type of property. The building on the property was first built in 1922 and is 102 years old. However, we must point out that the home was most recently renovated and altered in 1961. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1316 North Chester Avenue has 1,214 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,370 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 5,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. In terms of heating, it is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1316 North Chester Avenue was last sold in Nov 20, 2020 for $638,500. According to our calculations, that's $525.95 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Aug 31, 2009. Current property owners are expected to pay $8,958 in taxes per year. The property on 1316 North Chester Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $694,132. To break that down further, the land itself was valued at $531,124. While improvements to the property were assessed at a total of $163,008. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,583
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,214
  • Building Area: 1,214
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,214
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5357
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5357 LOT/SEC 136

Ownership

  • Current Owner : BANKS ASHLEY CHEYENNE MARIE
  • Current Owner 2: MARTINEZ ROBERT ARTHUR
  • Previous Owner : VELASQUEZ OTTO B
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Inglewood Unified School District
  • Census Tract: 600912

Zoning

  • Zoning: INR2YY

Geography

  • Assessors Map Reference: 51-B5
  • Subdivision Tract Number: 5357
  • Parcel: 4013-018-028
  • Lot: 136
  • Municipality: WEST /INGLEWOOD
  • Latitude: 33.9803
  • Longitude: -118.344

    Address

  • Full Address: 1316 N Chester Ave
  • Address - House Number: 1316
  • Street Direction: N
  • Address - Street Name: Chester
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Inglewood
  • Carrier Code: C006
  • 4-Digit Zip Code: 1421
  • Zip Code: 90302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,958
  • Tax Rate Code Area: 04-569

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 843,936
  • High Value: 1,026,280
  • Low Value: 661,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,480
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $510,480
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $694,132
  • Assessed Land Value: $531,124
  • Assessed Improvements Value: $163,008

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11803499959
  • Current Sale Price: $638,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1550249
  • Previous Sale Recording Date: Oct 01, 2009
  • Previous Sale Contract Date: Aug 31, 2009
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $510,480
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 01, 2009
  • Previous Mortgage Loan Amount: $216,015
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2039

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Frequently Asked Questions

What neighborhood is 1316 North Chester Avenue located in?
The 1316 North Chester Avenue is a house located in the neighborhood of North Inglewood in Inglewood, Inglewood.
What is the average sales price for listings in 1316 North Chester Avenue?
The average sales price for units in 1316 North Chester Avenue is $0 currently.

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