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2507 Midvale Avenue

2507 Midvale Avenue, Los Angeles, CA 90064
Property in Rancho Park
Sold Sep 23, 2014
Transfer
$404,500 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2036
Sold Feb 19, 2003
$225,000
$67,500 by Bank Of America Na
Mortgage Due Mar 01, 2013
2507 Midvale Avenue in Los Angeles, CA was first built in 1944 and is 80 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2507 Midvale Avenue has 1,454 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 8,010 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. 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 A. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $225,000 in Feb 4, 2003. Current property owners are expected to pay $14,041 in taxes per year. The property on 2507 Midvale Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,208,812. To break that down further, the land itself was valued at $890,872. While improvements to the property were assessed at a total of $317,940. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,010
  • Lot Size Depth Feet: 1,300
  • Total Building Area: 1,454
  • Building Area: 1,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,454
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 12376
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 12376 LOT/SEC 53

Ownership

  • Current Owner : ZHENG LI
  • Current Owner 2: JIANG CHANGAN
  • Previous Owner : HERON BRETT
  • Previous Owner 2: HERON DENISE
  • Owner Before Previous Owner: FANTY ANTHONY R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 267800

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 41-F4
  • Subdivision Tract Number: 12376
  • Parcel: 4256-003-002
  • Lot: 53
  • Municipality: WEST /PALMS
  • Latitude: 34.0386
  • Longitude: -118.429

    Address

  • Full Address: 2507 Midvale Ave
  • Address - House Number: 2507
  • Address - Street Name: Midvale
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C077
  • 4-Digit Zip Code: 3228
  • Zip Code: 90064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,041
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,710,856
  • High Value: 2,093,173
  • Low Value: 1,328,538

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $404,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $404,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,208,812
  • Assessed Land Value: $890,872
  • Assessed Improvements Value: $317,940

    Sales

  • Current Sale Contract Date: Aug 21, 2014
  • Current Sale Recording Date: Sep 23, 2014
  • Current Sale Transaction ID: 1034264474
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-1003646
  • Previous Sale Recording Date: Feb 19, 2003
  • Previous Sale Contract Date: Feb 04, 2003
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 23, 2014
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Feb 19, 2003
  • Previous Mortgage Loan Amount: $67,500
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2013

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Frequently Asked Questions

What neighborhood is 2507 Midvale Avenue located in?
The 2507 Midvale Avenue is a located in the neighborhood of Rancho Park in West Los Angeles, Los Angeles.
What is the average sales price for listings in 2507 Midvale Avenue?
The average sales price for units in 2507 Midvale Avenue is $0 currently.

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