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3907 Welland Avenue

3907 Welland Avenue, Los Angeles, CA 90008
Property in Leimert Park
Sold Jan 13, 2021
$915,000
$970,800 by Guild Mortgage Company Llc
Mortgage Due Mar 01, 2052
Sold Oct 08, 1999
$130,000
$148,000 by Chase Manhattan Mtg Corp
Mortgage Due Oct 01, 2029
3907 Welland Avenue 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 1936 and is 88 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 3907 Welland Avenue has 1,748 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 1,220 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,100 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 composition shingle. 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. 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, 3907 Welland Avenue sold most recently in Dec 24, 2020 for a total of $915,000. If you work out the math, that's approximately a cost of $523.46 per sqft. Before that, the property was also sold for $130,000 in Sep 15, 1999. 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 $11,214 in taxes each year. 3907 Welland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $951,965. If we break it down further, the land itself was valued at $761,572. Improvements to the property, however, were assessed at a total of $190,393. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,100
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,748
  • Building Area: 1,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,748
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10960
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 10960 LOT/SEC 103

Ownership

  • Current Owner : CEREZO ANGIE L
  • Previous Owner : BENJAMIN JANET
  • Owner Before Previous Owner: WILSON CATO V
  • Owner Before Previous Owner 2: WILSON ENZLY F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 234001

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-C1
  • Subdivision Tract Number: 10960
  • Parcel: 5034-003-025
  • Lot: 103
  • Municipality: WEST /LEIMERT PARK
  • Latitude: 34.0143
  • Longitude: -118.326

    Address

  • Full Address: 3907 Welland Ave
  • Address - House Number: 3907
  • Address - Street Name: Welland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 2740
  • Zip Code: 90008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,214
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,158,696
  • High Value: 1,418,994
  • Low Value: 898,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $970,800
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $970,800
  • 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: $951,965
  • Assessed Land Value: $761,572
  • Assessed Improvements Value: $190,393

    Sales

  • Current Sale Contract Date: Dec 24, 2020
  • Current Sale Recording Date: Jan 13, 2021
  • Current Sale Transaction ID: 11812067733
  • Current Sale Price: $915,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0065319
  • Previous Sale Recording Date: Oct 08, 1999
  • Previous Sale Contract Date: Sep 15, 1999
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Jan 13, 2021
  • First Mortgage Loan Amount: $822,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Oct 08, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $148,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2029

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Frequently Asked Questions

What neighborhood is 3907 Welland Avenue located in?
The 3907 Welland Avenue is a located in the neighborhood of Leimert Park in South LA, Los Angeles.
What is the average sales price for listings in 3907 Welland Avenue?
The average sales price for units in 3907 Welland Avenue is $0 currently.

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