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2225 West 20th Street

2225 West 20th Street, Los Angeles, CA 90018
Property in Western Heights
Sold Dec 12, 2014
$850,000
$612,000 by Quicken Loans Llc
Mortgage Due Jan 01, 2051
Sold May 22, 2013
$450,000
$270,000 by Lone Oak Fund Llc
Mortgage
Local assessors in Los Angeles, CA have categorized 2225 West 20th Street as a residential type of property. The home was built in 1907 and is 117 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 7,811 square feet. The linear feet between the front and back of the lot was measured at 1,560 ft and the front of the lot was measured at 500 ft. 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2225 West 20th Street has a total of 2,632 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 - B. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 2225 West 20th Street sold most recently in Dec 3, 2014 for a total of $850,000. If you work out the math, that's approximately a cost of $322.95 per sqft. Before that, the property was also sold for $450,000 in May 14, 2013. 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 $11,526 in taxes each year. 2225 West 20th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $981,898. If we break it down further, the land itself was valued at $768,192. Improvements to the property, however, were assessed at a total of $213,706. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1907
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,811
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,632
  • Building Area: 2,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELVEDERE HEIGHTS
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELVEDERE HEIGHTS TRACT LOT/SEC 13

Ownership

  • Current Owner : CHUNG PETER E
  • Previous Owner : NEUVA CASA LLC
  • Owner Before Previous Owner: CROSBY HELEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221402

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-D4
  • Parcel: 5073-030-036
  • Lot: 13
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0391
  • Longitude: -118.313

    Address

  • Full Address: 2225 W 20th St
  • Address - House Number: 2225
  • Street Direction: W
  • Address - Street Name: 20th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 1409
  • Zip Code: 90018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,526
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,460,305
  • High Value: 1,791,247
  • Low Value: 1,129,363

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,112,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 27, 2021
  • First Open Lien Mortgage Loan Amount: $612,000
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 10, 2021
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $981,898
  • Assessed Land Value: $768,192
  • Assessed Improvements Value: $213,706

    Sales

  • Current Sale Contract Date: Dec 03, 2014
  • Current Sale Recording Date: Dec 12, 2014
  • Current Sale Transaction ID: 1009862752
  • Current Sale Price: $850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-1354259
  • Previous Sale Recording Date: May 22, 2013
  • Previous Sale Contract Date: May 14, 2013
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 12, 2014
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: LONE OAK FUND LLC
  • Previous Mortgage Transaction Date: May 22, 2013
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 2225 West 20th Street located in?
The 2225 West 20th Street is a located in the neighborhood of Western Heights in South LA, Los Angeles.
What is the average sales price for listings in 2225 West 20th Street?
The average sales price for units in 2225 West 20th Street is $0 currently.

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