Check Availability

4061 Platt Avenue

4061 Platt Avenue, Lynwood, CA 90262
Property in Lynwood
Sold May 08, 1997
$129,000
$127,900 by Milestone Mtg Corp
Mortgage Due May 01, 2027
Sold Jul 22, 1996
$111,603
4061 Platt Avenue in Lynwood, CA was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 1952. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4061 Platt Avenue has 940 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 6,753 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. As for heating, the home 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. According to our sources, 4061 Platt Avenue sold most recently in Mar 28, 1997 for a total of $129,000. If you work out the math, that's approximately a cost of $137.23 per sqft. Before that, the property was also sold for $111,603 in Jul 16, 1996. 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 $3,136 in taxes each year. 4061 Platt Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $201,918. If we break it down further, the land itself was valued at $106,752. Improvements to the property, however, were assessed at a total of $95,166. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1946
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • 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: 6,753
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 940
  • Building Area: 940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7816
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7816 LOT/SEC 12 BLK/DIV/TWN 14

Ownership

  • Current Owner : JIMENEZ SALVADOR
  • Previous Owner : BANKERS TRUST COMPANY
  • Owner Before Previous Owner: HEAIRET NANCY I
  • Owner Before Previous Owner 2: BANKERS TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynwood Unified School District
  • Census Tract: 540102

Zoning

  • Zoning: LYR2YY

Geography

  • Assessors Map Reference: 59-C6
  • Subdivision Tract Number: 7816
  • Parcel: 6187-008-012
  • Block: 14
  • Lot: 12
  • Municipality: SOUTH /LYNWOOD
  • Latitude: 33.9229
  • Longitude: -118.193

    Address

  • Full Address: 4061 Platt Ave
  • Address - House Number: 4061
  • Address - Street Name: Platt
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Lynwood
  • Carrier Code: C063
  • 4-Digit Zip Code: 3744
  • Zip Code: 90262

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,136
  • Tax Rate Code Area: 06-089

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 646,128
  • High Value: 795,988
  • Low Value: 496,269

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,900
  • First Open Lien Mortgage Lender: MILESTONE MTG CORP
  • First Open Lien Mortgage Recording Date: May 08, 1997
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $127,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2027

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,918
  • Assessed Land Value: $106,752
  • Assessed Improvements Value: $95,166

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 28, 1997
  • Current Sale Recording Date: May 08, 1997
  • Current Sale Transaction ID: 1035792222
  • Current Sale Price: $129,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97-0696708
  • Previous Sale Recording Date: Jul 22, 1996
  • Previous Sale Contract Date: Jul 16, 1996
  • Previous Sale Amount: $111,603
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MILESTONE MTG CORP
  • First Mortgage Transaction Date: May 08, 1997
  • First Mortgage Loan Amount: $127,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2027

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Lynwood



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 10319 Pinehurst Avenue, South Gate, CA, 90280

$2,350 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
10319 Pinehurst Avenue #D, South Gate, CA, 90280 Listing by Jack Kortz

Frequently Asked Questions

What neighborhood is 4061 Platt Avenue located in?
The 4061 Platt Avenue is a located in the neighborhood of Lynwood in Lynwood, Lynwood.
What is the average sales price for listings in 4061 Platt Avenue?
The average sales price for units in 4061 Platt Avenue is $0 currently.

Quantcast