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1535 West 98th Street

1535 West 98th Street, Los Angeles, CA 90047
Sold Apr 24, 2020
$619,000
$606,080 by Sun West Mortgage Company Inc
Mortgage Due Nov 01, 2051
Sold Oct 15, 2019
$470,000
1535 West 98th Street in Los Angeles, CA was first built in 1939 and is 85 years old. Although, the building on the property was most recently renovated and altered in 1940. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Spanish style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1535 West 98th Street has 1,362 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 930. In total, the area measurement of the land is 4,608 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of roll composition. Water for the property is sourced from a municipal system. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating 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, 1535 West 98th Street sold most recently in Mar 18, 2020 for a total of $619,000. If you work out the math, that's approximately a cost of $454.48 per sqft. Before that, the property was also sold for $470,000 in Oct 9, 2019. 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 $7,695 in taxes each year. 1535 West 98th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $650,676. If we break it down further, the land itself was valued at $485,853. Improvements to the property, however, were assessed at a total of $164,823. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 4,608
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,362
  • Building Area: 1,362
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,362
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 6
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 6O84 N 92.5 FT OF LOT/SEC 448

Ownership

  • Current Owner : MENDOZA ZACHARY
  • Current Owner 2: HARRIMAN BRITTANY
  • Previous Owner : MORGAN PICKS TWO LLC
  • Owner Before Previous Owner: NASH TROY GLENN
  • Owner Before Previous Owner 2: ESTATE OF OSCAR LEE THOMPSON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 238000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 57-E3
  • Subdivision Tract Number: 6
  • Parcel: 6055-016-044
  • Lot: 448
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9472
  • Longitude: -118.304

    Address

  • Full Address: 1535 W 98th St
  • Address - House Number: 1535
  • Street Direction: W
  • Address - Street Name: 98th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C003
  • 4-Digit Zip Code: 3945
  • Zip Code: 90047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,695
  • Tax Rate Code Area: 00-307

    Appraisal Valuation

  • Standard Deviation: 0.2139
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 835,100
  • High Value: 1,013,730
  • Low Value: 656,469

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $606,080
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $606,080
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $650,676
  • Assessed Land Value: $485,853
  • Assessed Improvements Value: $164,823

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Transaction ID: 11755693319
  • Current Sale Price: $619,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0454143
  • Previous Sale Recording Date: Oct 15, 2019
  • Previous Sale Contract Date: Oct 09, 2019
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Apr 24, 2020
  • First Mortgage Loan Amount: $607,788
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 1535 West 98th Street located in?
The 1535 West 98th Street is a house located in the neighborhood of Gramercy Park in South LA, Los Angeles.
What is the average sales price for listings in 1535 West 98th Street?
The average sales price for units in 1535 West 98th Street is $0 currently.

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