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2821 Colby Avenue

2821 Colby Avenue, Los Angeles, CA 90064
Property in North Westdale
Sold Aug 17, 2021
$1,625,000
$1,462,500 by Sprout Mortgage Llc
Mortgage Due Sep 01, 2051
Sold Oct 17, 2007
$1,005,000
$804,000 by Paragon Financial Mortgage
Mortgage Due Nov 01, 2037
2821 Colby Avenue in Los Angeles, CA was first built in 1951 and is 73 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 conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2821 Colby Avenue has 1,405 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 590 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,892 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of gravel/rock. 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, 2821 Colby Avenue sold most recently in Jul 27, 2021 for a total of $1,625,000. If you work out the math, that's approximately a cost of $1,156.58 per sqft. Before that, the property was also sold for $1,005,000 in Sep 19, 2007. 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 $19,138 in taxes each year. 2821 Colby Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,657,500. If we break it down further, the land itself was valued at $1,326,000. Improvements to the property, however, were assessed at a total of $331,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,892
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,405
  • Building Area: 1,405
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,405
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16842
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16842 LOT/SEC 105

Ownership

  • Current Owner : TORNABENE MICHAEL
  • Previous Owner : TURNER FELIX
  • Previous Owner 2: TURNER HEATHER L
  • Owner Before Previous Owner: SARKAP RAILROAD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 271300

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 41-E5
  • Subdivision Tract Number: 16842
  • Parcel: 4258-013-019
  • Lot: 105
  • Municipality: WEST /MAR VISTA N.
  • Latitude: 34.0254
  • Longitude: -118.436

    Address

  • Full Address: 2821 Colby Ave
  • Address - House Number: 2821
  • Address - Street Name: Colby
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C034
  • 4-Digit Zip Code: 3817
  • Zip Code: 90064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,138
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,766,787
  • High Value: 2,161,604
  • Low Value: 1,371,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,462,500
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Loan Amount: $1,462,500
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,657,500
  • Assessed Land Value: $1,326,000
  • Assessed Improvements Value: $331,500

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Transaction ID: 11849500078
  • Current Sale Price: $1,625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1260150
  • Previous Sale Recording Date: Oct 17, 2007
  • Previous Sale Contract Date: Sep 19, 2007
  • Previous Sale Amount: $1,005,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPROUT MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 17, 2021
  • First Mortgage Loan Amount: $1,462,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PARAGON FINANCIAL MORTGAGE
  • Previous Mortgage Transaction Date: Oct 17, 2007
  • Previous Mortgage Loan Amount: $804,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2037

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 2821 Colby Avenue located in?
The 2821 Colby Avenue is a located in the neighborhood of North Westdale in West Los Angeles, Los Angeles.
What is the average sales price for listings in 2821 Colby Avenue?
The average sales price for units in 2821 Colby Avenue is $0 currently.

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