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2537 East Avenue R1

2537 East Avenue R1, Palmdale, CA 93550
Property in Los Angeles
Sold Oct 19, 2021
$375,000
$300,000 by Finance Of America Mortgage Ll
Mortgage Due Nov 01, 2051
Sold Sep 22, 2005
$380,000
$304,000 by Encore Credit Corp
Mortgage Due Oct 01, 2035
2537 East Avenue R1 has been categorized by the local assessors in Palmdale, CA as a residential type of property. The building on the property was first built in 1966 and is 58 years old. However, we must point out that the home was most recently renovated and altered in 1968. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 2537 East Avenue R1 has 2,313 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 1,200 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 7,492 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. 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 building has a gable style roof made of gravel/rock. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 15, 2021 for $375,000. That's $162.13 per sqft. Prior to that sales transaction, the property was also sold in Aug 19, 2005 for $380,000. 2537 East Avenue R1 was last assessed in 2023. The total value of the property was assessed at $447,168. Specifically, the land the property is located on was valued at $127,500. While improvements on the property were assessed at a total of $319,668. 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 $6,359. 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: 1966
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,313
  • Building Area: 2,313
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,313
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 23939
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 23939 LOT/SEC 62

Ownership

  • Current Owner : LOPEZ ALBERT
  • Previous Owner : REYES LETICIA
  • Owner Before Previous Owner: JENKINS MELVIN KEITH
  • Owner Before Previous Owner 2: JENKINS KERRIANNE
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Antelope Valley Union Joint High School District
  • Census Tract: 910608

Zoning

  • Zoning: PDR17500*

Geography

  • Assessors Map Reference: 172-F9
  • Subdivision Tract Number: 23939
  • Parcel: 3019-019-014
  • Lot: 62
  • Municipality: LANCASTER /EAST PALMDALE
  • Latitude: 34.572
  • Longitude: -118.084

    Address

  • Full Address: 2537 E Avenue R1
  • Address - House Number: 2537
  • Street Direction: E
  • Address - Street Name: Avenue R1
  • State: CA
  • City Name: Palmdale
  • Carrier Code: C034
  • 4-Digit Zip Code: 5501
  • Zip Code: 93550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,359
  • Tax Rate Code Area: 06-996

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 492,589
  • High Value: 606,542
  • Low Value: 378,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Oct 19, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,168
  • Assessed Land Value: $127,500
  • Assessed Improvements Value: $319,668

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Transaction ID: 11860032696
  • Current Sale Price: $375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1571515
  • Previous Sale Recording Date: Sep 22, 2005
  • Previous Sale Contract Date: Aug 19, 2005
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Oct 19, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ENCORE CREDIT CORP
  • Previous Mortgage Transaction Date: Sep 22, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2035

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Frequently Asked Questions

What neighborhood is 2537 East Avenue R1 located in?
The 2537 East Avenue R1 is a located in the neighborhood of Los Angeles in Palmdale, Palmdale.
What is the average sales price for listings in 2537 East Avenue R1?
The average sales price for units in 2537 East Avenue R1 is $0 currently.

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