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231 East 111th Street

231 East 111th Street, Los Angeles, CA 90061
Property in South LA
Sold Dec 27, 2018
$420,000
$412,565 by Quicken Loans Inc
Mortgage Due Dec 01, 2049
Sold Mar 12, 2015
$165,000
$148,500 by Anchor Loans Inc
Mortgage
231 East 111th Street in Los Angeles, CA was first built in 1937 and is 87 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 231 East 111th Street has 1,114 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,323 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. As for heating, the home is utilizing floor/wall heating system. The property was last sold in Oct 31, 2018 for $420,000. That's $377.02 per sqft. Prior to that sales transaction, the property was also sold in Feb 27, 2015 for $165,000. 231 East 111th Street was last assessed in 2023. The total value of the property was assessed at $479,082. Specifically, the land the property is located on was valued at $332,381. While improvements on the property were assessed at a total of $146,701. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,893. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,323
  • Total Building Area: 1,114
  • Building Area: 1,114
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,114
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4449
  • Land Acres: 0.122
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 4449 W 4O FT OF E 8O FT OF LOT/SEC 181

Ownership

  • Current Owner : SMITH KAREN
  • Previous Owner : H S C ACQUISITION LLC
  • Owner Before Previous Owner: TURNER WILLIAM E
  • Owner Before Previous Owner 2: THE 2015 WILLIAM E TURNER FAMI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 241110

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 58-B4
  • Subdivision Tract Number: 4449
  • Parcel: 6073-015-024
  • Lot: 181
  • Municipality: SOUTH /WATTS R.I.
  • Latitude: 33.9351
  • Longitude: -118.271

    Address

  • Full Address: 231 E 111th St
  • Address - House Number: 231
  • Street Direction: E
  • Address - Street Name: 111th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 2533
  • Zip Code: 90061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,893
  • Tax Rate Code Area: 00-461

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 539,853
  • High Value: 663,831
  • Low Value: 415,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,565
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 02, 2019
  • First Open Lien Mortgage Loan Amount: $412,565
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,082
  • Assessed Land Value: $332,381
  • Assessed Improvements Value: $146,701

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2018
  • Current Sale Recording Date: Dec 27, 2018
  • Current Sale Transaction ID: 11555535828
  • Current Sale Price: $420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1312225
  • Previous Sale Recording Date: Mar 12, 2015
  • Previous Sale Contract Date: Feb 27, 2015
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Dec 27, 2018
  • First Mortgage Loan Amount: $412,392
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Mar 12, 2015
  • Previous Mortgage Loan Amount: $148,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South LA



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Frequently Asked Questions

What neighborhood is 231 East 111th Street located in?
The 231 East 111th Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 231 East 111th Street?
The average sales price for units in 231 East 111th Street is $0 currently.

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