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3914 Michigan Avenue

3914 Michigan Avenue, Los Angeles, CA 90063
Property in East Los Angeles
Refi Apr 01, 2021
Transfer
$198,000 by Los Angeles Fcu
Mortgage Due Apr 01, 2036
3914 Michigan 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 1922 and is 102 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3914 Michigan Avenue has 572 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 600 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 3,007 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 D by the local assessor. The building has a gable style roof made of composition shingle. In terms of heating, it is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,483 in taxes each year. 3914 Michigan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,133. If we break it down further, the land itself was valued at $43,291. Improvements to the property, however, were assessed at a total of $36,842. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,007
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 572
  • Building Area: 572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON HEIGHTS TRACT
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RESUB OF A PORTION OF BLK L WELLINGTON HEIGHTS TRACT N 60 FT OF LOT/SEC 14

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 531102

Zoning

  • Zoning: LCR2*

Geography

  • Assessors Map Reference: 45-D4
  • Subdivision Tract Number: N
  • Parcel: 5233-015-010
  • Block: L
  • Lot: 14
  • Municipality: EAST /EAST L.A. NO.
  • Latitude: 34.038
  • Longitude: -118.182

    Address

  • Full Address: 3914 Michigan Ave
  • Address - House Number: 3914
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 1816
  • Zip Code: 90063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,483
  • Tax Rate Code Area: 00-932

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 503,981
  • High Value: 616,570
  • Low Value: 391,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: LOS ANGELES FCU
  • First Open Lien Mortgage Recording Date: Apr 01, 2021
  • First Open Lien Mortgage Loan Amount: $198,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,133
  • Assessed Land Value: $43,291
  • Assessed Improvements Value: $36,842

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 3914 Michigan Avenue located in?
The 3914 Michigan Avenue is a located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 3914 Michigan Avenue?
The average sales price for units in 3914 Michigan Avenue is $0 currently.

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