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2639 South Budlong Avenue

2639 South Budlong Avenue, Los Angeles, CA 90007
Property in Congress North
Sold Sep 04, 2018
$830,000
$788,500 by Tiaa Fsb
Mortgage Due Sep 01, 2048
Sold Sep 09, 1997
$166,000
$162,300 by Progressive Loan Funding
Mortgage Due Sep 01, 2027
Local assessors in Los Angeles, CA have categorized 2639 South Budlong Avenue as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 8,133 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 10 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2639 South Budlong Avenue has a total of 4,400 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 are 2 available parking spaces so it's a great situation for those with more than one car. 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 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. 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, 2639 South Budlong Avenue was last sold in Aug 8, 2018 for $830,000. According to our calculations, that's $188.64 per sqft. Prior to that sales transaction, the property was sold for $166,000 in Aug 26, 1997. Current property owners are expected to pay $13,700 in taxes per year. The property on 2639 South Budlong Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,119,020. To break that down further, the land itself was valued at $711,940. While improvements to the property were assessed at a total of $407,080. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1905
  • Effective Year Built: 1905
  • Building Count: 2
  • Bedroom Count: 10
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,133
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,400
  • Building Area: 4,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 4,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE WEST ADAMS STREET TRACT
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEST ADAMS ST TRACT S 50 FT OF LOT 34 AND N 11.1 FT OF LOT/SEC 36

Ownership

  • Current Owner : SHIEH MASON
  • Current Owner 2: WAHL TAMARA MARISA
  • Previous Owner : SOTO ALBERTO
  • Owner Before Previous Owner: SHOOMER ELIAS
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 222200

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 43-F5
  • Subdivision Tract Number: S
  • Parcel: 5054-016-014
  • Lot: 34
  • Municipality: WEST /PICO UNION
  • Latitude: 34.0316
  • Longitude: -118.296

    Address

  • Full Address: 2639 S Budlong Ave
  • Address - House Number: 2639
  • Street Direction: S
  • Address - Street Name: Budlong
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 2147
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,700
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 2,210,029
  • High Value: 2,359,762
  • Low Value: 2,060,296

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,738,500
  • First Open Lien Mortgage Lender: TIAA FSB
  • First Open Lien Mortgage Recording Date: Sep 04, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $788,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048
  • Second Open Lien Mortgage Lender: LIBERTY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 05, 2023
  • Second Open Lien Mortgage Loan Amount: $950,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 15, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,119,020
  • Assessed Land Value: $711,940
  • Assessed Improvements Value: $407,080

    Sales

  • Current Sale Contract Date: Aug 08, 2018
  • Current Sale Recording Date: Sep 04, 2018
  • Current Sale Transaction ID: 11506085794
  • Current Sale Price: $830,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0894197
  • Previous Sale Recording Date: Sep 09, 1997
  • Previous Sale Contract Date: Aug 26, 1997
  • Previous Sale Amount: $166,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIAA FSB
  • First Mortgage Transaction Date: Sep 04, 2018
  • First Mortgage Loan Amount: $788,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROGRESSIVE LOAN FUNDING
  • Previous Mortgage Transaction Date: Sep 09, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $162,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2027

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Frequently Asked Questions

What neighborhood is 2639 South Budlong Avenue located in?
The 2639 South Budlong Avenue is a located in the neighborhood of Congress North in South LA, Los Angeles.
What is the average sales price for listings in 2639 South Budlong Avenue?
The average sales price for units in 2639 South Budlong Avenue is $0 currently.

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