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402 Rustic Drive

402 Rustic Drive, Los Angeles, CA 90065
Property in Mount Washington
Sold Oct 05, 2011
$707,000
$530,250 by Citibank Na
Mortgage Due Oct 01, 2041
Sold Jun 22, 2010
$369,000
402 Rustic 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 2007 and is 17 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 402 Rustic Drive has 2,050 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 790 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 3,579 square feet.

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 A by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 402 Rustic Drive was last sold in Aug 22, 2011 for $707,000. According to our calculations, that's $344.88 per sqft. Prior to that sales transaction, the property was sold for $369,000 in Jun 11, 2010. Current property owners are expected to pay $9,981 in taxes per year. The property on 402 Rustic Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $853,538. To break that down further, the land itself was valued at $441,738. While improvements to the property were assessed at a total of $411,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,579
  • Lot Size Depth Feet: 790
  • Lot Size Frontage Feet: 460
  • Total Building Area: 2,050
  • Building Area: 2,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5O43 LOT/SEC 258

Ownership

  • Current Owner : SELVAGGI FRANK
  • Current Owner 2: BONSIGNORE ANTHONY
  • Previous Owner : GROUP3 PROPERTIES LLC
  • Owner Before Previous Owner: INDYMAC VENTURE LLC
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 185101

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 40-B3
  • Subdivision Tract Number: 5
  • Parcel: 5466-015-027
  • Lot: 258
  • Municipality: EAST /LA MT WASHINGTN
  • Latitude: 34.1032
  • Longitude: -118.208

    Address

  • Full Address: 402 Rustic Dr
  • Address - House Number: 402
  • Address - Street Name: Rustic
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 5036
  • Zip Code: 90065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,981
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2307
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,534,391
  • High Value: 1,888,427
  • Low Value: 1,180,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $530,250
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 05, 2011
  • First Open Lien Mortgage Loan Amount: $530,250
  • 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: Oct 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $853,538
  • Assessed Land Value: $441,738
  • Assessed Improvements Value: $411,800

    Sales

  • Current Sale Contract Date: Aug 22, 2011
  • Current Sale Recording Date: Oct 05, 2011
  • Current Sale Transaction ID: 1012160068
  • Current Sale Price: $707,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-1351215
  • Previous Sale Recording Date: Jun 22, 2010
  • Previous Sale Contract Date: Jun 11, 2010
  • Previous Sale Amount: $369,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 05, 2011
  • First Mortgage Loan Amount: $530,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2041

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Frequently Asked Questions

What neighborhood is 402 Rustic Drive located in?
The 402 Rustic Drive is a located in the neighborhood of Mount Washington in East LA, Los Angeles.
What is the average sales price for listings in 402 Rustic Drive?
The average sales price for units in 402 Rustic Drive is $0 currently.

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