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2965 Fernwood Avenue

2965 Fernwood Avenue, Lynwood, CA 90262
Property in Lynwood
Sold Oct 01, 2009
$340,000
$295,000 by Best Capital Funding
Mortgage Due Jul 01, 2048
Sold Mar 26, 2009
$200,000
$160,000 by Nathan Sugimoto Etal
Mortgage
Local assessors in Lynwood, CA have categorized 2965 Fernwood Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 8,718 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 4 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2965 Fernwood Avenue has a total of 2,114 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. 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 - D. The home's floor/wall heating system is the primary heating source. 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, 2965 Fernwood Avenue was last sold in Sep 25, 2009 for $340,000. According to our calculations, that's $160.83 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Mar 10, 2009. Current property owners are expected to pay $7,994 in taxes per year. The property on 2965 Fernwood Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $549,935. To break that down further, the land itself was valued at $297,416. While improvements to the property were assessed at a total of $252,519. 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. 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.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: 1925
  • Effective Year Built: 1925
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,718
  • Total Building Area: 2,114
  • Gross Building Area: 2,114
  • Building Area: 2,114
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,114
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MODJESKA PARK
  • Land Acres: 0.2
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MODJESKA PARK LOTS 16,17 AND LOT/SEC 18 BLK/DIV/TWN 6

Ownership

  • Current Owner : GALLEGOS MARIA E
  • Current Owner 2: GALLEGOS RODRIGO G
  • Previous Owner : OJEDA MARIE B
  • Owner Before Previous Owner: LASALLE BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lynwood Unified School District
  • Census Tract: 540300

Zoning

  • Zoning: LYR3YY

Geography

  • Assessors Map Reference: 59-A5
  • Parcel: 6169-004-013
  • Block: 6
  • Lot: 16,17
  • Municipality: SOUTH /LYNWOOD
  • Latitude: 33.9293
  • Longitude: -118.218

    Address

  • Full Address: 2965 Fernwood Ave
  • Address - House Number: 2965
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Lynwood
  • Carrier Code: C017
  • 4-Digit Zip Code: 2426
  • Zip Code: 90262

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,994
  • Tax Rate Code Area: 06-529

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 833,268
  • High Value: 1,022,521
  • Low Value: 644,015

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $295,000
  • First Open Lien Mortgage Lender: BEST CAPITAL FUNDING
  • First Open Lien Mortgage Recording Date: Jun 25, 2018
  • First Open Lien Mortgage Loan Amount: $295,000
  • 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: Jul 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $549,935
  • Assessed Land Value: $297,416
  • Assessed Improvements Value: $252,519

    Sales

  • Current Sale Contract Date: Sep 25, 2009
  • Current Sale Recording Date: Oct 01, 2009
  • Current Sale Transaction ID: 1016105781
  • Current Sale Price: $340,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 09-1496132
  • Previous Sale Recording Date: Mar 26, 2009
  • Previous Sale Contract Date: Mar 10, 2009
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS DIRECT MORTGAGE
  • First Mortgage Transaction Date: Oct 01, 2009
  • First Mortgage Loan Amount: $333,841
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: NATHAN SUGIMOTO ETAL
  • Previous Mortgage Transaction Date: Mar 26, 2009
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First

About Lynwood



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Frequently Asked Questions

What neighborhood is 2965 Fernwood Avenue located in?
The 2965 Fernwood Avenue is a located in the neighborhood of Lynwood in Lynwood, Lynwood.
What is the average sales price for listings in 2965 Fernwood Avenue?
The average sales price for units in 2965 Fernwood Avenue is $0 currently.

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