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3935 Michael Avenue

3935 Michael Avenue, Los Angeles, CA 90066
Property in Mar Vista
Sold Oct 29, 2008
$742,500
$528,000 by Lenox Financial Mortgage Corp
Mortgage Due Jun 01, 2043
Sold Jun 15, 2005
$781,500
$616,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2035
3935 Michael 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 1927 and is 97 years old. However, we must point out that the home was most recently renovated and altered in 1962. The home has a total of 7 rooms. 2 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, 3935 Michael Avenue has 1,755 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 500 ft. The area measurement of the land has been determined as 5,952 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 B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Sep 3, 2008 for $742,500. That's $423.08 per sqft. Prior to that sales transaction, the property was also sold in May 9, 2005 for $781,500. 3935 Michael Avenue was last assessed in 2023. The total value of the property was assessed at $985,992. Specifically, the land the property is located on was valued at $735,225. While improvements on the property were assessed at a total of $250,767. 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 $11,551. 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! 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: 1927
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • 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: 5,952
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,755
  • Building Area: 1,755
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,755
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5951
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5951 LOT/SEC 187

Ownership

  • Current Owner : DEMMER JEAN MARC
  • Previous Owner : CHECEL DAVID
  • Owner Before Previous Owner: STOTLER HELEN F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 272202

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-E3
  • Subdivision Tract Number: 5951
  • Parcel: 4236-025-012
  • Lot: 187
  • Municipality: WEST /MAR VISTA
  • Latitude: 33.9954
  • Longitude: -118.442

    Address

  • Full Address: 3935 Michael Ave
  • Address - House Number: 3935
  • Address - Street Name: Michael
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C052
  • 4-Digit Zip Code: 4115
  • Zip Code: 90066

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,551
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,596,439
  • High Value: 1,953,028
  • Low Value: 1,239,850

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: LENOX FINANCIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 03, 2013
  • First Open Lien Mortgage Loan Amount: $528,000
  • 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: Jun 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $985,992
  • Assessed Land Value: $735,225
  • Assessed Improvements Value: $250,767

    Sales

  • Current Sale Contract Date: Sep 03, 2008
  • Current Sale Recording Date: Oct 29, 2008
  • Current Sale Transaction ID: 1031647198
  • Current Sale Price: $742,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 08-1919953
  • Previous Sale Recording Date: Jun 15, 2005
  • Previous Sale Contract Date: May 09, 2005
  • Previous Sale Amount: $781,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: METLIFE HOME LOANS
  • First Mortgage Transaction Date: Oct 29, 2008
  • First Mortgage Loan Amount: $667,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 15, 2005
  • Previous Mortgage Loan Amount: $616,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

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Frequently Asked Questions

What neighborhood is 3935 Michael Avenue located in?
The 3935 Michael Avenue is a located in the neighborhood of Mar Vista in West Los Angeles, Los Angeles.
What is the average sales price for listings in 3935 Michael Avenue?
The average sales price for units in 3935 Michael Avenue is $0 currently.

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