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2817 Phelps Avenue

2817 Phelps Avenue, Los Angeles, CA 90032
Property in El Sereno
Sold Jan 31, 2013
$350,000
$343,660 by Security Mortgage Funding Corp
Mortgage Due Feb 01, 2043
Sold Aug 04, 2011
$425,000
2817 Phelps Avenue in Los Angeles, CA was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1950. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2817 Phelps Avenue has 1,873 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. In total, the area measurement of the land is 9,971 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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 C. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. 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, 2817 Phelps Avenue sold most recently in Jan 16, 2013 for a total of $350,000. If you work out the math, that's approximately a cost of $186.87 per sqft. Before that, the property was also sold for $425,000 in Aug 2, 2011. 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 $5,230 in taxes each year. 2817 Phelps Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $414,253. If we break it down further, the land itself was valued at $247,369. Improvements to the property, however, were assessed at a total of $166,884. The property's total assessed value has been marked as more than the total market value 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!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: 1948
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,971
  • Total Building Area: 1,873
  • Gross Building Area: 2,353
  • Building Area: 1,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7477
  • Land Acres: 0.229
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 7477 LOTS 53 AND LOT/SEC 54

Ownership

  • Current Owner : DAGAL ROSARIO T
  • Previous Owner : BRISTOL METRO LLC
  • Owner Before Previous Owner: TORIZ JULIAN O
  • Owner Before Previous Owner 2: TORIZ GRACIELA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 201504

Zoning

  • Zoning: LARD3

Geography

  • Assessors Map Reference: 36-D5
  • Subdivision Tract Number: 7477
  • Parcel: 5217-001-015
  • Lot: 53
  • Municipality: EAST /SERENO MONT HLS
  • Latitude: 34.0788
  • Longitude: -118.177

    Address

  • Full Address: 2817 Phelps Ave
  • Address - House Number: 2817
  • Address - Street Name: Phelps
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 2742
  • Zip Code: 90032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,230
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 934,179
  • High Value: 1,114,951
  • Low Value: 753,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,660
  • First Open Lien Mortgage Lender: SECURITY MORTGAGE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jan 31, 2013
  • First Open Lien Mortgage Loan Amount: $343,660
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,253
  • Assessed Land Value: $247,369
  • Assessed Improvements Value: $166,884

    Sales

  • Current Sale Contract Date: Jan 16, 2013
  • Current Sale Recording Date: Jan 31, 2013
  • Current Sale Transaction ID: 1034911001
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13-0162210
  • Previous Sale Recording Date: Aug 04, 2011
  • Previous Sale Contract Date: Aug 02, 2011
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY MORTGAGE FUNDING CORP
  • First Mortgage Transaction Date: Jan 31, 2013
  • First Mortgage Loan Amount: $343,660
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2043

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Frequently Asked Questions

What neighborhood is 2817 Phelps Avenue located in?
The 2817 Phelps Avenue is a located in the neighborhood of El Sereno in East LA, Los Angeles.
What is the average sales price for listings in 2817 Phelps Avenue?
The average sales price for units in 2817 Phelps Avenue is $0 currently.

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