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1583 East Gage Avenue

1583 East Gage Avenue, Los Angeles, CA 90001
Sold Dec 31, 2014
$300,000
$298,900 by Quicken Loans Llc
Mortgage Due Jan 01, 2051
Sold Jun 30, 2014
$260,000
1583 East Gage Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1583 East Gage Avenue has 1,412 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,039 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 C by the local assessor. In terms of heating, it 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, 1583 East Gage Avenue sold most recently in Dec 3, 2014 for a total of $300,000. If you work out the math, that's approximately a cost of $212.46 per sqft. Before that, the property was also sold for $260,000 in Jun 26, 2014. 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 $4,615 in taxes each year. 1583 East Gage Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $346,547. If we break it down further, the land itself was valued at $232,302. Improvements to the property, however, were assessed at a total of $114,245. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,039
  • Total Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 53967
  • Land Acres: 0.047
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=53967 LOT 21

Ownership

  • Current Owner : FLORES JUAN CARLOS
  • Previous Owner : PENNYMAC HOLDINGS
  • Owner Before Previous Owner: ARAGON BYRON O
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 533001

Zoning

  • Zoning: LCR3*

Geography

  • Subdivision Tract Number: 53967
  • Parcel: 6008-046-021
  • Lot: 21
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9823
  • Longitude: -118.246

    Address

  • Full Address: 1583 E Gage Ave
  • Address - House Number: 1583
  • Street Direction: E
  • Address - Street Name: Gage
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C003
  • 4-Digit Zip Code: 1764
  • Zip Code: 90001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,615
  • Tax Rate Code Area: 01-193

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 506,787
  • High Value: 541,123
  • Low Value: 472,452

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,900
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 14, 2020
  • First Open Lien Mortgage Loan Amount: $298,900
  • 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: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,547
  • Assessed Land Value: $232,302
  • Assessed Improvements Value: $114,245

    Sales

  • Current Sale Contract Date: Dec 03, 2014
  • Current Sale Recording Date: Dec 31, 2014
  • Current Sale Transaction ID: 1014932632
  • Current Sale Price: $300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-1428122
  • Previous Sale Recording Date: Jun 30, 2014
  • Previous Sale Contract Date: Jun 26, 2014
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MOTIVE LENDING
  • First Mortgage Transaction Date: Dec 31, 2014
  • First Mortgage Loan Amount: $294,467
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2045

About Florence-Graham



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1583 East Gage Avenue located in?
The 1583 East Gage Avenue is a house located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 1583 East Gage Avenue?
The average sales price for units in 1583 East Gage Avenue is $0 currently.

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