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3022 La Paz Drive

3022 La Paz Drive, Los Angeles, CA 90039
Property in Silver Lake
Sold Mar 25, 2021
$985,000
$880,000 by Movement Mortgage Llc
Mortgage Due Mar 01, 2052
3022 La Paz Drive in Los Angeles, CA was first built in 1940 and is 84 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3022 La Paz Drive has 1,037 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 4,475 square feet.

Learn more about the property and building on this page. 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. As for heating, the home is utilizing floor/wall heating system. The property was last sold in Mar 16, 2021 for $985,000. That's $949.86 per sqft. 3022 La Paz Drive was last assessed in 2023. The total value of the property was assessed at $1,024,793. Specifically, the land the property is located on was valued at $819,835. While improvements on the property were assessed at a total of $204,958. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,909. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,475
  • Total Building Area: 1,037
  • Building Area: 1,037
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,037
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IVANHOE
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IVANHOE NE 94.44 FT OF SW 169.44 FT MEASURED ON NW AND SE LINES OF LOT/SEC 6 BLK/DIV/TWN 10

Ownership

  • Current Owner : DUVAL GRANT
  • Current Owner 2: LEE SHANNON
  • Previous Owner : CHAVEZ SHIRLEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 188201

Zoning

  • Zoning: LAC4

Geography

  • Assessors Map Reference: 35-B2
  • Parcel: 5434-027-007
  • Block: 10
  • Lot: 6
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.1093
  • Longitude: -118.27

    Address

  • Full Address: 3022 La Paz Dr
  • Address - House Number: 3022
  • Address - Street Name: La Paz
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C053
  • 4-Digit Zip Code: 2012
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,909
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,390,856
  • High Value: 1,695,004
  • Low Value: 1,086,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 17, 2022
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,024,793
  • Assessed Land Value: $819,835
  • Assessed Improvements Value: $204,958

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11827462468
  • Current Sale Price: $985,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0479870

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $788,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 3022 La Paz Drive located in?
The 3022 La Paz Drive is a located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 3022 La Paz Drive?
The average sales price for units in 3022 La Paz Drive is $0 currently.

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