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1606 Broad Avenue

1606 Broad Avenue, Wilmington, CA 90744
Property in Wilmington
Sold Jun 19, 2019
$500,000
$425,000 by Banner Bank
Mortgage Due Mar 01, 2052
Local assessors in Wilmington, CA have categorized 1606 Broad Avenue as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 5,671 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 420 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 6 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 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 1606 Broad Avenue has a total of 2,344 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 gable style roof that was made of composition shingle. 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. 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, 1606 Broad Avenue sold most recently in Jun 12, 2019 for a total of $500,000. If you work out the math, that's approximately a cost of $213.31 per sqft. 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 $6,531 in taxes each year. The initial year of tax delinquency occurred in 2022. 1606 Broad Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $536,098. If we break it down further, the land itself was valued at $241,244. Improvements to the property, however, were assessed at a total of $294,854. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1952
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • 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: 5,671
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 420
  • Total Building Area: 2,344
  • Building Area: 2,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1934
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 1934 LOT/SEC 266

Ownership

  • Current Owner : VAZQUEZ SANTOS
  • Current Owner 2: FONTAINE DENISE LORRAINE
  • Previous Owner : DIAZ RUBEN
  • Previous Owner 2: DIAZ CONCEPCION
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 294110

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 74-C2
  • Subdivision Tract Number: 1934
  • Parcel: 7422-011-034
  • Lot: 266
  • Municipality: SOUTH /WILMINGTON
  • Latitude: 33.7958
  • Longitude: -118.262

    Address

  • Full Address: 1606 Broad Ave
  • Address - House Number: 1606
  • Address - Street Name: Broad
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Wilmington
  • Carrier Code: C015
  • 4-Digit Zip Code: 1412
  • Zip Code: 90744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,531
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-400

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 733,906
  • High Value: 906,920
  • Low Value: 560,893

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: BANNER BANK
  • First Open Lien Mortgage Recording Date: Feb 28, 2022
  • First Open Lien Mortgage Loan Amount: $425,000
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536,098
  • Assessed Land Value: $241,244
  • Assessed Improvements Value: $294,854

    Sales

  • Current Sale Contract Date: Jun 12, 2019
  • Current Sale Recording Date: Jun 19, 2019
  • Current Sale Transaction ID: 11614740142
  • Current Sale Price: $500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0581118

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 19, 2019
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 1606 Broad Avenue located in?
The 1606 Broad Avenue is a located in the neighborhood of Wilmington in Harbor, Wilmington.
What is the average sales price for listings in 1606 Broad Avenue?
The average sales price for units in 1606 Broad Avenue is $0 currently.

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