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3625 Somerset Drive

3625 Somerset Drive, Los Angeles, CA 90016
Property in West Adams
Sold May 13, 2022
$1,625,000
$1,625,000 by Mortgage Research Center Llc
Mortgage Due Jun 01, 2052
Sold Nov 18, 2020
$935,000
$922,250 by Easy Street Capital Ca Llc
Mortgage
3625 Somerset Drive has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1947. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3625 Somerset Drive has 2,127 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 520 ft. The area measurement of the land has been determined as 6,240 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 14, 2022 for $1,625,000. That's $763.99 per sqft. Prior to that sales transaction, the property was also sold in Oct 22, 2020 for $935,000. 3625 Somerset Drive was last assessed in 2023. The total value of the property was assessed at $1,657,500. Specifically, the land the property is located on was valued at $1,326,000. While improvements on the property were assessed at a total of $331,500. 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 $11,468. 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. 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.

Building Features

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1947
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,240
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,127
  • Building Area: 2,127
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,127
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 11100
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 11100 LOT/SEC 106

Ownership

  • Current Owner : GREEN JASON CAREY
  • Current Owner 2: BAIRD LARRY KENT
  • Previous Owner : Y4M DEVELOPING INC
  • Owner Before Previous Owner: STEVERSON KEVIN H
  • Owner Before Previous Owner 2: THE VELMA S FORTIER TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 219500

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-B6
  • Subdivision Tract Number: 11100
  • Parcel: 5046-021-002
  • Lot: 106
  • Municipality: WEST /RNCHO CIENGA PK
  • Latitude: 34.0225
  • Longitude: -118.338

    Address

  • Full Address: 3625 Somerset Dr
  • Address - House Number: 3625
  • Address - Street Name: Somerset
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C021
  • 4-Digit Zip Code: 5840
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,468
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,538,688
  • High Value: 1,888,923
  • Low Value: 1,188,453

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,625,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: May 13, 2022
  • First Open Lien Mortgage Loan Amount: $1,625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    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: Apr 14, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Transaction ID: 11887530792
  • Current Sale Price: $1,625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 523683
  • Previous Sale Recording Date: Nov 18, 2020
  • Previous Sale Contract Date: Oct 22, 2020
  • Previous Sale Amount: $935,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: May 13, 2022
  • First Mortgage Loan Amount: $1,625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EASY STREET CAPITAL CA LLC
  • Previous Mortgage Transaction Date: Nov 18, 2020
  • Previous Mortgage Loan Amount: $922,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 3625 Somerset Drive located in?
The 3625 Somerset Drive is a located in the neighborhood of West Adams in South LA, Los Angeles.
What is the average sales price for listings in 3625 Somerset Drive?
The average sales price for units in 3625 Somerset Drive is $0 currently.

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