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2201 Scott Avenue

2201 Scott Avenue, Los Angeles, CA 90026
Sold Apr 06, 2023
$1,300,000
$1,040,000 by Hillhurst Mortgage Inc
Mortgage Due May 01, 2053
Sold Mar 14, 2005
$700,000
$560,000 by Secured Bankers Mortgage Co
Mortgage Due Apr 01, 2035
2201 Scott 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 1937 and is 87 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 2201 Scott Avenue has 1,807 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 6,666 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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. The inside of the home is being cooled with air conditioning at the moment. 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, 2201 Scott Avenue was last sold in Mar 13, 2023 for $1,300,000. According to our calculations, that's $719.42 per sqft. Prior to that sales transaction, the property was sold for $700,000 in Feb 9, 2005. Current property owners are expected to pay $10,980 in taxes per year. The property on 2201 Scott Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $937,835. To break that down further, the land itself was valued at $669,888. While improvements to the property were assessed at a total of $267,947. 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.

Building Features

Parking

Covered Parking
Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,666
  • Total Building Area: 1,807
  • Gross Building Area: 1,807
  • Building Area: 1,807
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,807
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALVARADO PARK
  • Land Acres: 0.153
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ALVARADO PARK TRACT LOT/SEC 9

Ownership

  • Current Owner : FISHER NICHOLAS
  • Previous Owner : SHAMAM REVOCABLE LIVING TRUST
  • Owner Before Previous Owner: ZALDIVAR SERGIO R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195500

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 35-C5
  • Parcel: 5424-002-033
  • Lot: 9
  • Municipality: EAST /LA LOS FELIZ
  • Latitude: 34.0826
  • Longitude: -118.262

    Address

  • Full Address: 2201 Scott Ave
  • Address - House Number: 2201
  • Address - Street Name: Scott
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 2436
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,980
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.236
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 1,294,413
  • High Value: 1,599,935
  • Low Value: 988,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,040,000
  • First Open Lien Mortgage Lender: HILLHURST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 06, 2023
  • First Open Lien Mortgage Loan Amount: $1,040,000
  • 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: May 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $937,835
  • Assessed Land Value: $669,888
  • Assessed Improvements Value: $267,947

    Sales

  • Current Sale Contract Date: Mar 13, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Transaction ID: 11904590805
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 218266
  • Previous Sale Recording Date: Mar 14, 2005
  • Previous Sale Contract Date: Feb 09, 2005
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HILLHURST MORTGAGE INC
  • First Mortgage Transaction Date: Apr 06, 2023
  • First Mortgage Loan Amount: $1,040,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SECURED BANKERS MORTGAGE CO
  • Previous Mortgage Transaction Date: Mar 14, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $560,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2035

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Frequently Asked Questions

What neighborhood is 2201 Scott Avenue located in?
The 2201 Scott Avenue 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 2201 Scott Avenue?
The average sales price for units in 2201 Scott Avenue is $0 currently.

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