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2544 Frankel Street

2544 Frankel Street, Lakewood, CA 90712
Property in Lakewood Mutual
Sold Jan 03, 2022
$791,000
$711,820 by Cmg Mortgage Inc
Mortgage Due Jan 01, 2052
Sold Mar 25, 2010
$431,000
$423,193 by Bank Of America Na
Mortgage Due Apr 01, 2040
Local assessors in Lakewood, CA have categorized 2544 Frankel Street as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 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 7 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 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 2544 Frankel Street has a total of 1,232 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C. The building has a gable 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2544 Frankel Street was last sold in Nov 17, 2021 for $791,000. According to our calculations, that's $642.05 per sqft. Prior to that sales transaction, the property was sold for $431,000 in Mar 13, 2010. Current property owners are expected to pay $6,724 in taxes per year. The property on 2544 Frankel Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $637,542. To break that down further, the land itself was valued at $125,071. While improvements to the property were assessed at a total of $512,471. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 18101
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 18101 LOT/SEC 149

Ownership

  • Current Owner : LANGAN THOMAS JOHN
  • Current Owner 2: BOCANEGRA ALEJANDRO J
  • Previous Owner : BRUCKMAN ERIK G
  • Owner Before Previous Owner: BRISTOL METRO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 571400

Zoning

  • Zoning: LKR1YY

Geography

  • Assessors Map Reference: 70-F3
  • Subdivision Tract Number: 18101
  • Parcel: 7152-014-021
  • Lot: 149
  • Municipality: SOUTH /LAKEWOOD MU/PARK
  • Latitude: 33.8404
  • Longitude: -118.162

    Address

  • Full Address: 2544 Frankel St
  • Address - House Number: 2544
  • Address - Street Name: Frankel
  • Address - Suffix Type: St
  • State: CA
  • City Name: Lakewood
  • Carrier Code: C007
  • 4-Digit Zip Code: 3606
  • Zip Code: 90712

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,724
  • Tax Rate Code Area: 05-415

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 819,015
  • High Value: 996,983
  • Low Value: 641,048

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $711,820
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $711,820
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $637,542
  • Assessed Land Value: $125,071
  • Assessed Improvements Value: $512,471

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Transaction ID: 11876118446
  • Current Sale Price: $791,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22-0002794
  • Previous Sale Recording Date: Mar 25, 2010
  • Previous Sale Contract Date: Mar 13, 2010
  • Previous Sale Amount: $431,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Jan 03, 2022
  • First Mortgage Loan Amount: $711,820
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 25, 2010
  • Previous Mortgage Loan Amount: $423,193
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2040

About Lakewood Mutual



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Frequently Asked Questions

What neighborhood is 2544 Frankel Street located in?
The 2544 Frankel Street is a located in the neighborhood of Lakewood Mutual in Lakewood Mutual, Lakewood.
What is the average sales price for listings in 2544 Frankel Street?
The average sales price for units in 2544 Frankel Street is $0 currently.

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