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1417 North Avenue 55

1417 North Avenue 55, Los Angeles, CA 90042
Property in Highland Park
Sold Mar 15, 1996
$115,000
$915,000 by Reverse Mortgage Funding Llc
Mortgage Due Dec 16, 2095
Sold Mar 15, 1996
Transfer
Local assessors in Los Angeles, CA have categorized 1417 North Avenue 55 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 1929. The property's lot size has been calculated to be 4,037 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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, 2 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1417 North Avenue 55 has a total of 950 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 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 - C. The building has a flat style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall 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 Dec 11, 1995 for $115,000. That's $121.05 per sqft. 1417 North Avenue 55 was last assessed in 2023. The total value of the property was assessed at $183,440. Specifically, the land the property is located on was valued at $113,036. While improvements on the property were assessed at a total of $70,404. 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 $2,212. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1925
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,037
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 950
  • Building Area: 950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5843
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5843 SW 40 FT OF LOT 13 AND SW 40 FT MEASURED ON NW LINE OF LOT/SEC 14

Ownership

  • Current Owner : PORRAS SERGIO
  • Current Owner 2: PORRAS EVELIA F
  • Previous Owner : WATKINS RANDOLPH R
  • Previous Owner 2: WATKINS SHERYL J
  • Owner Before Previous Owner: VA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 36-B1
  • Subdivision Tract Number: 5843
  • Parcel: 5479-012-016
  • Lot: 13
  • Municipality: EAST /LA HIGHLAND PK
  • Latitude: 34.1213
  • Longitude: -118.198

    Address

  • Full Address: 1417 N Avenue 55
  • Address - House Number: 1417
  • Street Direction: N
  • Address - Street Name: Avenue 55
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C035
  • 4-Digit Zip Code: 1825
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,212
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 1,017,233
  • High Value: 1,251,851
  • Low Value: 782,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $915,000
  • First Open Lien Mortgage Lender: REVERSE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $915,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Dec 16, 2095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,440
  • Assessed Land Value: $113,036
  • Assessed Improvements Value: $70,404

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 1995
  • Current Sale Recording Date: Mar 15, 1996
  • Current Sale Transaction ID: 1035671305
  • Current Sale Price: $115,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 96-0414519
  • Previous Sale Recording Date: Mar 15, 1996
  • Previous Sale Contract Date: Feb 06, 1996
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE FUNDING INC
  • First Mortgage Transaction Date: Mar 15, 1996
  • First Mortgage Loan Amount: $109,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2026

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Frequently Asked Questions

What neighborhood is 1417 North Avenue 55 located in?
The 1417 North Avenue 55 is a located in the neighborhood of Highland Park in East LA, Los Angeles.
What is the average sales price for listings in 1417 North Avenue 55?
The average sales price for units in 1417 North Avenue 55 is $0 currently.

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