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4924 Cimarron Street

4924 Cimarron Street, Los Angeles, CA 90062
Sold Jul 28, 2021
$925,000
$786,250 by Quicken Loans Llc
Mortgage Due Aug 01, 2051
Sold Dec 19, 2019
$479,000
4924 Cimarron Street 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 1910 and is 114 years old. The home has a total of 2 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, 4924 Cimarron Street has 1,398 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 1,300 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,206 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 B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery 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, 4924 Cimarron Street sold most recently in Jul 23, 2021 for a total of $925,000. If you work out the math, that's approximately a cost of $661.66 per sqft. Before that, the property was also sold for $479,000 in Dec 10, 2019. 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 $11,095 in taxes each year. The initial year of tax delinquency occurred in 2021. 4924 Cimarron Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $943,500. If we break it down further, the land itself was valued at $612,000. Improvements to the property, however, were assessed at a total of $331,500. 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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,206
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,398
  • Building Area: 1,398
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,398
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ST VINCENT COLLEGE TRACT
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ST VINCENT COLLEGE TRACT LOT/SEC 208

Ownership

  • Current Owner : RIDDICK TYNES KHRISTOPHER
  • Previous Owner : LECJM PROPERTIES LLC
  • Owner Before Previous Owner: STOCKPILE PROPERTY VENTURES LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232402

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-D3
  • Parcel: 5015-019-001
  • Lot: 208
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9983
  • Longitude: -118.316

    Address

  • Full Address: 4924 Cimarron St
  • Address - House Number: 4924
  • Address - Street Name: Cimarron
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C003
  • 4-Digit Zip Code: 2137
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,095
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 993,275
  • High Value: 1,207,216
  • Low Value: 779,334

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $786,250
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Loan Amount: $786,250
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $943,500
  • Assessed Land Value: $612,000
  • Assessed Improvements Value: $331,500

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11844828319
  • Current Sale Price: $925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1159292
  • Previous Sale Recording Date: Dec 19, 2019
  • Previous Sale Contract Date: Dec 10, 2019
  • Previous Sale Amount: $479,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $786,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 4924 Cimarron Street located in?
The 4924 Cimarron Street is a house located in the neighborhood of Chesterfield Square in South LA, Los Angeles.
What is the average sales price for listings in 4924 Cimarron Street?
The average sales price for units in 4924 Cimarron Street is $0 currently.

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