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2516 Mayfield Avenue

2516 Mayfield Avenue, Montrose, CA 91020
Sold May 25, 2004
$525,000
$484,350 by Bbcn Bank
Mortgage Due Dec 01, 2034
Sold Jul 14, 2000
$165,000
$165,000 by Donald Petrotta
Mortgage
Local assessors in Montrose, CA have categorized 2516 Mayfield Avenue as a residential type of property. The home was built in 1938 and is 86 years old. It was most recently renovated and altered in 1961. The property's lot size has been calculated to be 5,182 square feet. The linear feet between the front and back of the lot was measured at 1,160 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. 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 2516 Mayfield Avenue has a total of 1,537 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 building has a hip style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 26, 2004 for $525,000. That's $341.57 per sqft. Prior to that sales transaction, the property was also sold in May 16, 1995 for $165,000. 2516 Mayfield Avenue was last assessed in 2023. The total value of the property was assessed at $717,438. Specifically, the land the property is located on was valued at $523,530. While improvements on the property were assessed at a total of $193,908. 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 $7,989. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1938
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,182
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,537
  • Building Area: 1,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,537
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESCENTA CANADA
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CRESCENTA CANADA LOT COM AT MOST N COR OF LOT 446 TR # 1701 TH N 53 20 W 50 FT WITH A UNIFORM DEPTH OF 103.7 FT S 36 40 W PART OF LOT/SEC 7 BLK/DIV/TWN A

Ownership

  • Current Owner : KIM MI KYUNG
  • Previous Owner : NELSON NATALIE P
  • Owner Before Previous Owner: PETROTTA DONALD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Glendale Unified School District
  • Census Tract: 300503

Zoning

  • Zoning: LCR1YY

Geography

  • Assessors Map Reference: 18-E2
  • Subdivision Tract Number: 1701
  • Parcel: 5807-015-030
  • Block: A
  • Lot: 446
  • Municipality: NORTH /GLEN MONTROSE
  • Latitude: 34.2134
  • Longitude: -118.233

    Address

  • Full Address: 2516 Mayfield Ave
  • Address - House Number: 2516
  • Address - Street Name: Mayfield
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Montrose
  • Carrier Code: C007
  • 4-Digit Zip Code: 1416
  • Zip Code: 91020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,989
  • Tax Rate Code Area: 04-104

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,254,192
  • High Value: 1,523,585
  • Low Value: 984,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $484,350
  • First Open Lien Mortgage Lender: BBCN BANK
  • First Open Lien Mortgage Recording Date: Nov 27, 2019
  • First Open Lien Mortgage Loan Amount: $484,350
  • 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: Dec 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $717,438
  • Assessed Land Value: $523,530
  • Assessed Improvements Value: $193,908

    Sales

  • Current Sale Contract Date: Apr 26, 2004
  • Current Sale Recording Date: May 25, 2004
  • Current Sale Transaction ID: 1014514011
  • Current Sale Price: $525,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 04-1327567
  • Previous Sale Recording Date: Jul 14, 2000
  • Previous Sale Contract Date: May 16, 1995
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: May 25, 2004
  • First Mortgage Loan Amount: $393,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DONALD PETROTTA
  • Previous Mortgage Transaction Date: Jul 14, 2000
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 2516 Mayfield Avenue located in?
The 2516 Mayfield Avenue is a located in the neighborhood of La Crescenta-Montrose in La Crescenta-Montrose, Montrose.
What is the average sales price for listings in 2516 Mayfield Avenue?
The average sales price for units in 2516 Mayfield Avenue is $0 currently.

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