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255 East 111th Street

255 East 111th Street, Los Angeles, CA 90061
Property in South LA
Sold Jul 12, 2005
$355,000
Sold May 27, 2005
$280,000
$224,000 by Washington Mutual Bank Fa
Mortgage Due Jun 01, 2035
255 East 111th Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 255 East 111th Street has 1,104 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,116 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. The inside of the home is being cooled with air conditioning at the moment. 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, 255 East 111th Street sold most recently in May 17, 2005 for a total of $355,000. If you work out the math, that's approximately a cost of $321.56 per sqft. Before that, the property was also sold for $280,000 in Apr 25, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,095 in taxes each year. 255 East 111th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $138,943. If we break it down further, the land itself was valued at $86,842. Improvements to the property, however, were assessed at a total of $52,101. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,116
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4449
  • Land Acres: 0.117
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 4449 W 55 FT OF E 65 FT OF S 93 FT OF LOT/SEC 183

Ownership

  • Current Owner : CASTANEDA MARIA A
  • Previous Owner : ORTIZ INVESTMENTS INC
  • Owner Before Previous Owner: LEVERETT HORACE R
  • Owner Before Previous Owner 2: LEVERETT CARRIE M
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 241110

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 58-B4
  • Subdivision Tract Number: 4449
  • Parcel: 6073-015-031
  • Lot: 183
  • Municipality: SOUTH /WATTS R.I.
  • Latitude: 33.935
  • Longitude: -118.27

    Address

  • Full Address: 255 E 111th St
  • Address - House Number: 255
  • Street Direction: E
  • Address - Street Name: 111th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 2533
  • Zip Code: 90061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,095
  • Tax Rate Code Area: 00-461

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 65
  • Final Value: 521,074
  • High Value: 648,152
  • Low Value: 393,995

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,943
  • Assessed Land Value: $86,842
  • Assessed Improvements Value: $52,101

    Sales

  • Current Sale Contract Date: May 17, 2005
  • Current Sale Recording Date: Jul 12, 2005
  • Current Sale Transaction ID: 1015611819
  • Current Sale Price: $355,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-1632282
  • Previous Sale Recording Date: May 27, 2005
  • Previous Sale Contract Date: Apr 25, 2005
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WMC MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 12, 2005
  • First Mortgage Loan Amount: $284,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2035
  • Second Mortgage Loan Amount: $71,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: May 27, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $224,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2035

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Frequently Asked Questions

What neighborhood is 255 East 111th Street located in?
The 255 East 111th Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 255 East 111th Street?
The average sales price for units in 255 East 111th Street is $0 currently.

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