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243 East 78th Street

243 East 78th Street, Los Angeles, CA 90003
Property in CANNDU
Sold Apr 02, 2010
$165,000
$151,098 by American Home Equity Corp
Mortgage Due Apr 01, 2040
Sold Nov 16, 2009
$327,486
Local assessors in Los Angeles, CA have categorized 243 East 78th Street as a residential type of property. The home was built in 1928 and is 96 years old. It was most recently renovated and altered in 1929. The property's lot size has been calculated to be 5,100 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 400 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, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 243 East 78th Street has a total of 1,184 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. The home's floor/wall 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, 243 East 78th Street sold most recently in Jan 27, 2010 for a total of $165,000. If you work out the math, that's approximately a cost of $139.36 per sqft. Before that, the property was also sold for $327,486 in Nov 6, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,539 in taxes each year. 243 East 78th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $204,703. If we break it down further, the land itself was valued at $114,014. Improvements to the property, however, were assessed at a total of $90,689. 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: 1928
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,100
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1889
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1889 EX OF ST LOT/SEC 209

Ownership

  • Current Owner : JIMENEZ VICTOR
  • Current Owner 2: ESCOBAR DEYSI
  • Previous Owner : WELLS FARGO BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: CARRILLO JOSE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 239602

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 52-B6
  • Subdivision Tract Number: 1889
  • Parcel: 6022-015-029
  • Lot: 209
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.969
  • Longitude: -118.27

    Address

  • Full Address: 243 E 78th St
  • Address - House Number: 243
  • Street Direction: E
  • Address - Street Name: 78th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C053
  • 4-Digit Zip Code: 2503
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,539
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2395
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 557,104
  • High Value: 690,542
  • Low Value: 423,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,098
  • First Open Lien Mortgage Lender: AMERICAN HOME EQUITY CORP
  • First Open Lien Mortgage Recording Date: Apr 02, 2010
  • First Open Lien Mortgage Loan Amount: $151,098
  • 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: Apr 01, 2040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,703
  • Assessed Land Value: $114,014
  • Assessed Improvements Value: $90,689

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 27, 2010
  • Current Sale Recording Date: Apr 02, 2010
  • Current Sale Transaction ID: 1015142111
  • Current Sale Price: $165,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 10-0451269
  • Previous Sale Recording Date: Nov 16, 2009
  • Previous Sale Contract Date: Nov 06, 2009
  • Previous Sale Amount: $327,486
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN HOME EQUITY CORP
  • First Mortgage Transaction Date: Apr 02, 2010
  • First Mortgage Loan Amount: $151,098
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2040

About South LA



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Frequently Asked Questions

What neighborhood is 243 East 78th Street located in?
The 243 East 78th Street is a located in the neighborhood of CANNDU in South LA, Los Angeles.
What is the average sales price for listings in 243 East 78th Street?
The average sales price for units in 243 East 78th Street is $0 currently.

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