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2643 Illinois Avenue

2643 Illinois Avenue, South Gate, CA 90280
Property in South Gate
Sold Jun 10, 2002
$34,000
$292,500 by Gmac Mortgage Corp
Mortgage Due Dec 01, 2035
Sold Jul 28, 1998
$152,000
$149,427 by Countrywide Home Loans Inc
Mortgage Due Aug 01, 2028
2643 Illinois Avenue in South Gate, CA was first built in 1939 and is 85 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Spanish style. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2643 Illinois Avenue has 1,278 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 5,544 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of roll composition. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. 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, 2643 Illinois Avenue sold most recently in Mar 18, 2002 for a total of $34,000. If you work out the math, that's approximately a cost of $26.60 per sqft. Before that, the property was also sold for $152,000 in Jun 16, 1998. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,996 in taxes each year. 2643 Illinois Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $389,503. If we break it down further, the land itself was valued at $281,421. Improvements to the property, however, were assessed at a total of $108,082. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • 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: 5,544
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,278
  • Building Area: 1,278
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,278
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5527
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5527 W 40 FT OF LOT/SEC 74

Ownership

  • Current Owner : GARCIA FRANCISCO JAVIER
  • Current Owner 2: RODRIGUEZ ROSALINDA
  • Previous Owner : MONROY OSCAR E
  • Owner Before Previous Owner: HUGHES WILLIAM H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535604

Zoning

  • Zoning: SGR3YY

Geography

  • Assessors Map Reference: 58-F2
  • Subdivision Tract Number: 5527
  • Parcel: 6205-003-020
  • Lot: 74
  • Municipality: SOUTH /SOUTHGATE
  • Latitude: 33.9513
  • Longitude: -118.223

    Address

  • Full Address: 2643 Illinois Ave
  • Address - House Number: 2643
  • Address - Street Name: Illinois
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: South Gate
  • Carrier Code: C018
  • 4-Digit Zip Code: 4001
  • Zip Code: 90280

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,996
  • Tax Rate Code Area: 00-664

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 696,879
  • High Value: 851,047
  • Low Value: 542,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,500
  • First Open Lien Mortgage Lender: GMAC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 15, 2005
  • First Open Lien Mortgage Loan Amount: $292,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,503
  • Assessed Land Value: $281,421
  • Assessed Improvements Value: $108,082

    Sales

  • Current Sale Contract Date: Mar 18, 2002
  • Current Sale Recording Date: Jun 10, 2002
  • Current Sale Transaction ID: 1016382163
  • Current Sale Price: $34,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 02-1321058
  • Previous Sale Recording Date: Jul 28, 1998
  • Previous Sale Contract Date: Jun 16, 1998
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Jun 10, 2002
  • First Mortgage Loan Amount: $20,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jul 28, 1998
  • Previous Mortgage Loan Amount: $149,427
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2028

About South Gate



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Frequently Asked Questions

What neighborhood is 2643 Illinois Avenue located in?
The 2643 Illinois Avenue is a located in the neighborhood of South Gate in South Gate, South Gate.
What is the average sales price for listings in 2643 Illinois Avenue?
The average sales price for units in 2643 Illinois Avenue is $0 currently.

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