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1418 Coronado Terrace

1418 Coronado Terrace, Los Angeles, CA 90026
Sold Jul 15, 2019
$1,295,000
Sold May 10, 2012
$600,000
$480,000 by Ally Bank
Mortgage Due Jun 01, 2042
Local assessors in Los Angeles, CA have categorized 1418 Coronado Terrace as a residential type of property. The home was built in 1922 and is 102 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,250 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 Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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. 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 1418 Coronado Terrace has a total of 1,349 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 - B. 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. 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. 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, 1418 Coronado Terrace sold most recently in Jul 3, 2019 for a total of $1,295,000. If you work out the math, that's approximately a cost of $959.97 per sqft. Before that, the property was also sold for $600,000 in May 7, 2012. 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 $15,794 in taxes each year. 1418 Coronado Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,361,274. If we break it down further, the land itself was valued at $1,076,511. Improvements to the property, however, were assessed at a total of $284,763. 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.

Building Features

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • 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: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,349
  • Building Area: 1,349
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2094
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 2094 LOT/SEC 223

Ownership

  • Current Owner : SMITH LEE
  • Current Owner 2: SMITH MICHELLE
  • Previous Owner : COX ERIN JOAN
  • Owner Before Previous Owner: FURUTA SCOTT
  • Owner Before Previous Owner 2: TAKEI RYO
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195600

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 35-B5
  • Subdivision Tract Number: 2094
  • Parcel: 5424-022-017
  • Lot: 223
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.0828
  • Longitude: -118.265

    Address

  • Full Address: 1418 Coronado Ter
  • Address - House Number: 1418
  • Address - Street Name: Coronado
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C026
  • 4-Digit Zip Code: 2314
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,794
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,563,178
  • High Value: 1,918,010
  • Low Value: 1,208,346

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,361,274
  • Assessed Land Value: $1,076,511
  • Assessed Improvements Value: $284,763

    Sales

  • Current Sale Contract Date: Jul 03, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Transaction ID: 11621965775
  • Current Sale Price: $1,295,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0681094
  • Previous Sale Recording Date: May 10, 2012
  • Previous Sale Contract Date: May 07, 2012
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: ALLY BANK
  • Previous Mortgage Transaction Date: May 10, 2012
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2042

About East LA



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Frequently Asked Questions

What neighborhood is 1418 Coronado Terrace located in?
The 1418 Coronado Terrace is a house located in the neighborhood of Greater Echo Park Elysian in East LA, Los Angeles.
What is the average sales price for listings in 1418 Coronado Terrace?
The average sales price for units in 1418 Coronado Terrace is $0 currently.

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