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2223 Lorain Road

2223 Lorain Road, San Marino, CA 91108
Property in San Marino
Sold Jul 15, 2013
$1,600,000
$900,000 by East West Bank
Mortgage Due Aug 01, 2043
Sold Jun 15, 2007
$1,460,000
$1,168,000 by Nl Inc
Mortgage Due Jul 01, 2047
2223 Lorain Road has been categorized by the local assessors in San Marino, CA as a residential type of property. The building on the property was first built in 1936 and is 88 years old. However, we must point out that the home was most recently renovated and altered in 1948. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2223 Lorain Road has 2,201 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 1,610 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 8,895 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. 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 A by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central 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, 2223 Lorain Road sold most recently in May 2, 2013 for a total of $1,600,000. If you work out the math, that's approximately a cost of $726.94 per sqft. Before that, the property was also sold for $1,460,000 in May 16, 2007. 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 $22,314 in taxes each year. 2223 Lorain Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,885,210. If we break it down further, the land itself was valued at $1,463,279. Improvements to the property, however, were assessed at a total of $421,931. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1936
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 48
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,895
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,201
  • Building Area: 2,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8954
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 8954 LOT/SEC 128

Ownership

  • Current Owner : ZHANG JIAN WEI
  • Current Owner 2: MA XIAO YE
  • Previous Owner : STOKLEY DONNA
  • Owner Before Previous Owner: BUCKNER JEFFREY ALAN
  • Owner Before Previous Owner 2: BUCKNER PATRICIA ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Marino Unified School District
  • Census Tract: 464101

Zoning

  • Zoning: SOR110

Geography

  • Assessors Map Reference: 37-D1
  • Subdivision Tract Number: 8954
  • Parcel: 5334-010-029
  • Lot: 128
  • Municipality: EAST /SN MRNO S HUNTG
  • Latitude: 34.1157
  • Longitude: -118.105

    Address

  • Full Address: 2223 Lorain Rd
  • Address - House Number: 2223
  • Address - Street Name: Lorain
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: San Marino
  • Carrier Code: C013
  • 4-Digit Zip Code: 2848
  • Zip Code: 91108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,314
  • Tax Rate Code Area: 08-541

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,416,902
  • High Value: 2,955,574
  • Low Value: 1,878,230

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,801,500
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jul 15, 2013
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • 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, 2043
  • Second Open Lien Mortgage Lender: HSBC BANK USA
  • Second Open Lien Mortgage Recording Date: Oct 29, 2014
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $901,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,885,210
  • Assessed Land Value: $1,463,279
  • Assessed Improvements Value: $421,931

    Sales

  • Current Sale Contract Date: May 02, 2013
  • Current Sale Recording Date: Jul 15, 2013
  • Current Sale Transaction ID: 1032931316
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1031507
  • Previous Sale Recording Date: Jun 15, 2007
  • Previous Sale Contract Date: May 16, 2007
  • Previous Sale Amount: $1,460,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jul 15, 2013
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NL INC
  • Previous Mortgage Transaction Date: Jun 15, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,168,000
  • Previous Mortgage Term: 480
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About San Marino



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Frequently Asked Questions

What neighborhood is 2223 Lorain Road located in?
The 2223 Lorain Road is a located in the neighborhood of San Marino in San Marino, San Marino.
What is the average sales price for listings in 2223 Lorain Road?
The average sales price for units in 2223 Lorain Road is $0 currently.

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