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4242 Russell Avenue

4242 Russell Avenue, Los Angeles, CA 90027
Sold Sep 19, 2017
$1,415,000
$710,000 by We Lending
Mortgage Due Jan 01, 2052
Sold Feb 24, 2006
$950,000
$750,500 by Washington Mutual Bank Fa
Mortgage Due Mar 01, 2036
4242 Russell Avenue in Los Angeles, CA was first built in 1937 and is 87 years old. Although, the building on the property was most recently renovated and altered in 1944. 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 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4242 Russell Avenue has 2,285 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 1,350. 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 gable 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. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 4242 Russell Avenue sold most recently in Sep 8, 2017 for a total of $1,415,000. If you work out the math, that's approximately a cost of $619.26 per sqft. Before that, the property was also sold for $950,000 in Jan 10, 2006. 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 $17,900 in taxes each year. 4242 Russell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,969,620. If we break it down further, the land itself was valued at $1,486,140. Improvements to the property, however, were assessed at a total of $483,480. 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: 1937
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 6,753
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,285
  • Building Area: 2,285
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,285
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NITA HEIGHTS TRACT
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NITA HEIGHTS TRACT LOT/SEC 21

Ownership

  • Current Owner : RHEINWALD JONES ALEXIS
  • Current Owner 2: ALEXIS GST TRUST
  • Previous Owner : SIE ROELAND A
  • Owner Before Previous Owner: PRO VALUE PROPERTIES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195202

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 35-A3
  • Parcel: 5591-022-020
  • Lot: 21
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.1043
  • Longitude: -118.282

    Address

  • Full Address: 4242 Russell Ave
  • Address - House Number: 4242
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 4512
  • Zip Code: 90027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,900
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,124,861
  • High Value: 2,603,899
  • Low Value: 1,645,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $710,000
  • First Open Lien Mortgage Lender: WE LENDING
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $710,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,969,620
  • Assessed Land Value: $1,486,140
  • Assessed Improvements Value: $483,480

    Sales

  • Current Sale Contract Date: Sep 08, 2017
  • Current Sale Recording Date: Sep 19, 2017
  • Current Sale Transaction ID: 1736018601
  • Current Sale Price: $1,415,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1068396
  • Previous Sale Recording Date: Feb 24, 2006
  • Previous Sale Contract Date: Jan 10, 2006
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Feb 24, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $750,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Mar 01, 2036

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Frequently Asked Questions

What neighborhood is 4242 Russell Avenue located in?
The 4242 Russell Avenue is a house located in the neighborhood of Franklin Hills in Central LA, Los Angeles.
What is the average sales price for listings in 4242 Russell Avenue?
The average sales price for units in 4242 Russell Avenue is $0 currently.

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