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228 East 89th Street

228 East 89th Street, Los Angeles, CA 90003
Sold Aug 27, 2020
$695,000
$510,400 by Contour Mortgage Corp
Mortgage Due Sep 01, 2050
Sold Jan 07, 2020
$360,000
$500,000 by Lockford Financial Llc
Mortgage
228 East 89th Street 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 1940 and is 84 years old. The home has a total of 5 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 228 East 89th Street has 2,143 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 1,330 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,325 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. 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 B by the local assessor. The exterior walls of the building are made of block. In terms of heating, it is utilizing floor/wall heating system. Finally, the property is currently sourcing its water from a municipal system. 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, 228 East 89th Street sold most recently in Jul 23, 2020 for a total of $695,000. If you work out the math, that's approximately a cost of $324.31 per sqft. Before that, the property was also sold for $360,000 in Dec 19, 2019. 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 $8,791 in taxes each year. The initial year of tax delinquency occurred in 2020. 228 East 89th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $723,078. If we break it down further, the land itself was valued at $312,120. Improvements to the property, however, were assessed at a total of $410,958. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,325
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,143
  • Building Area: 2,143
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,143
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 9960
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 9960 1/2 VAC ALLEY ADJ ON S AND LOT/SEC 10

Ownership

  • Current Owner : BRASHEARS MICHAEL T
  • Current Owner 2: BRASHEARS ELIZABETH
  • Previous Owner : 5 STAR DISCOUNT HOMES LLC
  • Owner Before Previous Owner: HOWARD STEPHANIE
  • Owner Before Previous Owner 2: GHARIBEH STEPHANIE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 240020

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 58-B2
  • Subdivision Tract Number: 9960
  • Parcel: 6041-011-010
  • Lot: 10
  • Municipality: SOUTH /W. WATTS SFR
  • Latitude: 33.9554
  • Longitude: -118.271

    Address

  • Full Address: 228 E 89th St
  • Address - House Number: 228
  • Street Direction: E
  • Address - Street Name: 89th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C034
  • 4-Digit Zip Code: 3706
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,791
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-461

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 818,453
  • High Value: 981,736
  • Low Value: 655,170

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 27, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $723,078
  • Assessed Land Value: $312,120
  • Assessed Improvements Value: $410,958

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Transaction ID: 11784499080
  • Current Sale Price: $695,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1013214
  • Previous Sale Recording Date: Jan 07, 2020
  • Previous Sale Contract Date: Dec 19, 2019
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 27, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LOCKFORD FINANCIAL LLC
  • Previous Mortgage Transaction Date: Jan 07, 2020
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 228 East 89th Street located in?
The 228 East 89th Street is a house located in the neighborhood of Congress Southeast in South LA, Los Angeles.
What is the average sales price for listings in 228 East 89th Street?
The average sales price for units in 228 East 89th Street is $360,000 , or $361/sqft. currently.

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