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1986 Norwood Street

1986 Norwood Street, Los Angeles, CA 90007
Property in University Park
Sold Jun 25, 2015
$315,000
$304,486 by First Capital
Mortgage Due Jul 01, 2045
Sold Feb 25, 2010
$315,000
$208,000 by Usc Cu
Mortgage Due Mar 01, 2040
1986 Norwood Street 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 1903 and is 121 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1986 Norwood Street has 1,265 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 430 ft and across the front of the lot is 430 ft. The area measurement of the land has been determined as 1,779 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1986 Norwood Street sold most recently in Apr 27, 2015 for a total of $315,000. If you work out the math, that's approximately a cost of $249.01 per sqft. Before that, the property was also sold for $315,000 in Dec 10, 2009. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,277 in taxes each year. 1986 Norwood Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $363,874. If we break it down further, the land itself was valued at $291,103. Improvements to the property, however, were assessed at a total of $72,771. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,779
  • Lot Size Depth Feet: 430
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,265
  • Building Area: 1,265
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,265
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNSON & KEENEY COS SUBDIVISION
  • Land Acres: 0.041
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT COM AT INTERSECTION OF NE LINE OF 21ST ST 60 FT WIDE WITH SE LINE OF NORWOOD ST TH NE ON SD SE LINE 46.73 FT TH S 61 19'30 E 36 FT TH S 28 26' W TO SEE ASSESSOR MAPBOOK FOR MISSING PORTIONPART OF LOT 2 BLK 17 H S

Ownership

  • Current Owner : MALAN MARK FREDERICK
  • Current Owner 2: RAMIREZ GLENN DELANEY
  • Previous Owner : PHILLIPS MATTHEW J
  • Owner Before Previous Owner: MENESES MARIO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 224410

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 44-A5
  • Parcel: 5124-019-013
  • Block: 17
  • Lot: 2
  • Municipality: WEST /PICO UNION
  • Latitude: 34.0343
  • Longitude: -118.278

    Address

  • Full Address: 1986 Norwood St
  • Address - House Number: 1986
  • Address - Street Name: Norwood
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 1344
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,277
  • Tax Rate Code Area: 00-048

    Appraisal Valuation

  • Standard Deviation: 0.2524
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 876,191
  • High Value: 1,097,391
  • Low Value: 654,990

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $564,486
  • First Open Lien Mortgage Lender: FIRST CAPITAL
  • First Open Lien Mortgage Recording Date: Jun 25, 2015
  • First Open Lien Mortgage Loan Amount: $304,486
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045
  • Second Open Lien Mortgage Lender: JMC LIFETIME TRUST
  • Second Open Lien Mortgage Recording Date: Apr 03, 2024
  • Second Open Lien Mortgage Loan Amount: $260,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 03, 2054
  • Second Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,874
  • Assessed Land Value: $291,103
  • Assessed Improvements Value: $72,771

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2015
  • Current Sale Recording Date: Jun 25, 2015
  • Current Sale Transaction ID: 1224011623
  • Current Sale Price: $315,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0757464
  • Previous Sale Recording Date: Feb 25, 2010
  • Previous Sale Contract Date: Dec 10, 2009
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CAPITAL
  • First Mortgage Transaction Date: Jun 25, 2015
  • First Mortgage Loan Amount: $304,486
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: USC CU
  • Previous Mortgage Transaction Date: Feb 25, 2010
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2040

About South LA



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Nearby Rentals

Unit for rent at 1000 W 8th St, Los Angeles, CA, 90017

$18,211 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,864 ft²
1000 W 8th St #5802, Los Angeles, CA, 90017 Listing by Media Moussavy

Frequently Asked Questions

What neighborhood is 1986 Norwood Street located in?
The 1986 Norwood Street is a located in the neighborhood of University Park in South LA, Los Angeles.
What is the average sales price for listings in 1986 Norwood Street?
The average sales price for units in 1986 Norwood Street is $0 currently.

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