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2602 West 78th Street

2602 West 78th Street, Inglewood, CA 90305
Property in Morningside Park
Sold Apr 28, 2021
$915,500
$822,375 by Rate Rabbit Inc
Mortgage Due May 01, 2051
Sold Jan 31, 2017
$659,000
$608,000 by Wescom Central Cu
Mortgage Due Mar 01, 2047
2602 West 78th Street has been categorized by the local assessors in Inglewood, CA as a residential type of property. The building on the property was first built in 1927 and is 97 years old. However, we must point out that the home was most recently renovated and altered in 1940. The home has a total of 8 rooms. 4 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, 2602 West 78th Street has 1,815 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 1,340 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 7,281 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Spanish 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 flat style roof made of roll composition. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2602 West 78th Street sold most recently in Apr 5, 2021 for a total of $915,500. If you work out the math, that's approximately a cost of $504.41 per sqft. Before that, the property was also sold for $659,000 in Dec 29, 2016. 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 $12,724 in taxes each year. The initial year of tax delinquency occurred in 2019. 2602 West 78th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $953,006. If we break it down further, the land itself was valued at $640,886. Improvements to the property, however, were assessed at a total of $312,120. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1927
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,281
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,815
  • Building Area: 1,815
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,815
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1924
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 1924 LOT/SEC 1 BLK/DIV/TWN 27

Ownership

  • Current Owner : SMITH CAMERON
  • Current Owner 2: SMITH SIGOURNEY
  • Previous Owner : CHAMBERS MATTHEW
  • Previous Owner 2: CHAMBERS CORA
  • Owner Before Previous Owner: HARTVIGSON JOYCE LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Inglewood Unified School District
  • Census Tract: 600801

Zoning

  • Zoning: INR1YY

Geography

  • Assessors Map Reference: 51-D6
  • Subdivision Tract Number: 1924
  • Parcel: 4009-027-001
  • Block: 27
  • Lot: 1
  • Municipality: WEST /MORNINGSIDE PK
  • Latitude: 33.9688
  • Longitude: -118.322

    Address

  • Full Address: 2602 W 78th St
  • Address - House Number: 2602
  • Street Direction: W
  • Address - Street Name: 78th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Inglewood
  • Carrier Code: C010
  • 4-Digit Zip Code: 1016
  • Zip Code: 90305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,724
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 04-569

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 72
  • Final Value: 1,055,519
  • High Value: 1,273,572
  • Low Value: 837,466

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,375
  • First Open Lien Mortgage Lender: RATE RABBIT INC
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $822,375
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $953,006
  • Assessed Land Value: $640,886
  • Assessed Improvements Value: $312,120

    Sales

  • Current Sale Contract Date: Apr 05, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11832581883
  • Current Sale Price: $915,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0674308
  • Previous Sale Recording Date: Jan 31, 2017
  • Previous Sale Contract Date: Dec 29, 2016
  • Previous Sale Amount: $659,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: RATE RABBIT INC
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $822,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WESCOM CENTRAL CU
  • Previous Mortgage Transaction Date: Jan 31, 2017
  • Previous Mortgage Loan Amount: $608,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 2602 West 78th Street located in?
The 2602 West 78th Street is a located in the neighborhood of Morningside Park in Inglewood, Inglewood.
What is the average sales price for listings in 2602 West 78th Street?
The average sales price for units in 2602 West 78th Street is $0 currently.

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