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2154 Fargo Street

2154 Fargo Street, Los Angeles, CA 90039
Sold Jul 19, 2019
$1,200,000
$720,000 by Mufg Union Bank Na
Mortgage Due Aug 01, 2059
Sold Jul 14, 2016
$500,000
$500,000 by Real Value Properties Llc
Mortgage
Local assessors in Los Angeles, CA have categorized 2154 Fargo Street as a residential type of property. The home was built in 1923 and is 101 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 4,808 square feet. The linear feet between the front and back of the lot was measured at 960 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 4 full bathrooms. There are also 4 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 2154 Fargo Street has a total of 1,891 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. 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 - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2154 Fargo Street was last sold in Jul 15, 2019 for $1,200,000. According to our calculations, that's $634.58 per sqft. Prior to that sales transaction, the property was sold for $500,000 in May 5, 2016. Current property owners are expected to pay $14,656 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 2154 Fargo Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,261,413. To break that down further, the land itself was valued at $946,060. While improvements to the property were assessed at a total of $315,353. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1923
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,808
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,891
  • Building Area: 1,891
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,891
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDENDALE TRACT
  • Land Acres: 0.11
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: EDENDALE TRACT NW 10 FT OF NE 66.84 FT AND SW 83.16 FT OF LOT/SEC 121

Ownership

  • Current Owner : YOUNG LEONARD PAUL
  • Previous Owner : BRE INVESTMENT GROUP LLC
  • Owner Before Previous Owner: TAPIA MARIA ANGELA

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 197410

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 35-C4
  • Parcel: 5422-020-006
  • Lot: 121
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.091
  • Longitude: -118.257

    Address

  • Full Address: 2154 Fargo St
  • Address - House Number: 2154
  • Address - Street Name: Fargo
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 3923
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,656
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 1,493,822
  • High Value: 1,849,003
  • Low Value: 1,138,640

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,245,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Jul 19, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $720,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2059
  • Second Open Lien Mortgage Lender: QUALFAX INC
  • Second Open Lien Mortgage Recording Date: Nov 30, 2023
  • Second Open Lien Mortgage Loan Amount: $525,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,261,413
  • Assessed Land Value: $946,060
  • Assessed Improvements Value: $315,353

    Sales

  • Current Sale Contract Date: Jul 15, 2019
  • Current Sale Recording Date: Jul 19, 2019
  • Current Sale Transaction ID: 11623330888
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-0708634
  • Previous Sale Recording Date: Jul 14, 2016
  • Previous Sale Contract Date: May 05, 2016
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Jul 19, 2019
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2059

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: REAL VALUE PROPERTIES LLC
  • Previous Mortgage Transaction Date: Jul 14, 2016
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 2154 Fargo Street located in?
The 2154 Fargo Street is a multifamily located in the neighborhood of Greater Echo Park Elysian in East LA, Los Angeles.
What is the average sales price for listings in 2154 Fargo Street?
The average sales price for units in 2154 Fargo Street is $0 currently.

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