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220 West 112th Street

220 West 112th Street, Los Angeles, CA 90061
Property in South LA
Sold Apr 02, 2021
$940,000
$702,000 by New Wave Lending Group Inc
Mortgage Due Apr 01, 2051
Sold Jul 05, 2017
$325,500
$230,000 by Loan Mavericks
Mortgage
Local assessors in Los Angeles, CA have categorized 220 West 112th Street as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 7,208 square feet. 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, 10 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 8 full bathrooms. There are also 8 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 220 West 112th Street has a total of 3,650 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. The home's floor/wall 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, 220 West 112th Street was last sold in Mar 2, 2020 for $940,000. According to our calculations, that's $257.53 per sqft. Prior to that sales transaction, the property was sold for $325,500 in May 26, 2017. Current property owners are expected to pay $11,867 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 220 West 112th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $977,976. To break that down further, the land itself was valued at $499,392. While improvements to the property were assessed at a total of $478,584. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 10
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,208
  • Total Building Area: 3,650
  • Gross Building Area: 3,650
  • Building Area: 3,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOWENS MAIN MONETA & FIGUEROA TR
  • Land Acres: 0.166
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: M B 11-85*1/2 VAC ALLEY ADJ ON S AND LOT/SEC 246

Ownership

  • Current Owner : PARK JAMES GHEE
  • Current Owner 2: PARK ANNE KYUNG
  • Previous Owner : ANGELES HOLDINGS LLC
  • Owner Before Previous Owner: ESTATE OF FELIPE J HERRERA
  • Ownership Rights Codes: Living Trust

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 241120

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 58-B4
  • Parcel: 6074-023-068
  • Block: 11
  • Lot: 246
  • Municipality: SOUTH /COMPTON R.I.
  • Latitude: 33.9328
  • Longitude: -118.277

    Address

  • Full Address: 220 W 112th St
  • Address - House Number: 220
  • Street Direction: W
  • Address - Street Name: 112th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 1908
  • Zip Code: 90061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,867
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-461

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 993,114
  • High Value: 1,223,813
  • Low Value: 762,415

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $702,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Loan Amount: $702,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $977,976
  • Assessed Land Value: $499,392
  • Assessed Improvements Value: $478,584

    Sales

  • Current Sale Contract Date: Mar 02, 2020
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Transaction ID: 11828275962
  • Current Sale Price: $940,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0523830
  • Previous Sale Recording Date: Jul 05, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $325,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Mortgage Transaction Date: Apr 02, 2021
  • First Mortgage Loan Amount: $702,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOAN MAVERICKS
  • Previous Mortgage Transaction Date: Jul 05, 2017
  • Previous Mortgage Loan Amount: $230,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About South LA



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Frequently Asked Questions

What neighborhood is 220 West 112th Street located in?
The 220 West 112th Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 220 West 112th Street?
The average sales price for units in 220 West 112th Street is $0 currently.

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