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3908 South Budlong Avenue

3908 South Budlong Avenue, Los Angeles, CA 90037
Property in Congress North
Sold Oct 18, 2021
$675,000
$573,750 by Finance Of America Mortgage Ll
Mortgage Due Nov 01, 2051
Sold May 18, 2021
$525,000
3908 South Budlong 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 1931 and is 93 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 3908 South Budlong Avenue has 2,027 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,847 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. 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 C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. 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, 3908 South Budlong Avenue sold most recently in Sep 1, 2021 for a total of $675,000. If you work out the math, that's approximately a cost of $333.00 per sqft. Before that, the property was also sold for $525,000 in Apr 13, 2021. 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 $8,180 in taxes each year. 3908 South Budlong Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $688,500. If we break it down further, the land itself was valued at $504,900. Improvements to the property, however, were assessed at a total of $183,600. 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: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,847
  • Total Building Area: 2,027
  • Gross Building Area: 2,027
  • Building Area: 2,027
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,027
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOODNER & OMELVEN TRACE
  • Land Acres: 0.088
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: THE GOODNER AND OMELVENY TRACT LOT ON E LINE OF BUDLONG AVE COM S 175 FT FROM S LINE OF 39TH ST TH E TO A PT E 108.5 FT FROM W LINE OF LOT 15 TH S 40.50 FT TH W 93.11 FT TH N TO BEG PART OF LOT/SEC 15

Ownership

  • Current Owner : POPE CHANDRA DENISE MARTIN
  • Current Owner 2: POPE GERALD ANTHONY
  • Previous Owner : OLA OGINGER LLC
  • Owner Before Previous Owner: SANDERS EARL
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 231220

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 51-F1
  • Parcel: 5037-020-048
  • Lot: 15
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0149
  • Longitude: -118.296

    Address

  • Full Address: 3908 S Budlong Ave
  • Address - House Number: 3908
  • Street Direction: S
  • Address - Street Name: Budlong
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 1610
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,180
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,136,180
  • High Value: 1,391,614
  • Low Value: 880,746

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $573,750
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $573,750
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $688,500
  • Assessed Land Value: $504,900
  • Assessed Improvements Value: $183,600

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Transaction ID: 11860118386
  • Current Sale Price: $675,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1563067
  • Previous Sale Recording Date: May 18, 2021
  • Previous Sale Contract Date: Apr 13, 2021
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Oct 18, 2021
  • First Mortgage Loan Amount: $573,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 3908 South Budlong Avenue located in?
The 3908 South Budlong Avenue is a located in the neighborhood of Congress North in South LA, Los Angeles.
What is the average sales price for listings in 3908 South Budlong Avenue?
The average sales price for units in 3908 South Budlong Avenue is $0 currently.

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