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4961 East 59th Place

4961 East 59th Place, Maywood, CA 90270
Property in Maywood
Sold May 21, 1998
$260,000
$352,000 by Pmc Bancorp
Mortgage Due Sep 01, 2038
Sold Oct 14, 1997
$116,653
Local assessors in Maywood, CA have categorized 4961 East 59th Place as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 7,239 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4961 East 59th Place has a total of 2,650 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's floor/wall heating system is the primary heating source. 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, 4961 East 59th Place sold most recently in Mar 16, 1998 for a total of $260,000. If you work out the math, that's approximately a cost of $98.11 per sqft. Before that, the property was also sold for $116,653 in Oct 10, 1997. 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 $10,283 in taxes each year. 4961 East 59th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $742,642. If we break it down further, the land itself was valued at $433,209. Improvements to the property, however, were assessed at a total of $309,433. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1951
  • Effective Year Built: 1951
  • Building Count: 4
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,239
  • Total Building Area: 2,650
  • Building Area: 2,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4766
  • Land Acres: 0.166
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 4766 E 50 FT OF LOT/SEC1992

Ownership

  • Current Owner : BERNAL ADALBERTO
  • Current Owner 2: BERNAL GABRIELA
  • Previous Owner : HEFFESSE JOESEPH
  • Owner Before Previous Owner: LEAL BETTY
  • Owner Before Previous Owner 2: HEFFESSE JOESEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 533703

Zoning

  • Zoning: MYR3*

Geography

  • Assessors Map Reference: 53-D4
  • Subdivision Tract Number: 4766
  • Parcel: 6314-028-025
  • Lot: 1992
  • Municipality: SOUTH /HUNTINGTON PK.
  • Latitude: 33.9853
  • Longitude: -118.175

    Address

  • Full Address: 4961 E 59th Pl
  • Address - House Number: 4961
  • Street Direction: E
  • Address - Street Name: 59th
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Maywood
  • Carrier Code: C082
  • 4-Digit Zip Code: 3529
  • Zip Code: 90270

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,283
  • Tax Rate Code Area: 00-656

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 979,978
  • High Value: 1,200,980
  • Low Value: 758,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,000
  • First Open Lien Mortgage Lender: PMC BANCORP
  • First Open Lien Mortgage Recording Date: Sep 03, 2008
  • First Open Lien Mortgage Loan Amount: $352,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $742,642
  • Assessed Land Value: $433,209
  • Assessed Improvements Value: $309,433

    Sales

  • Current Sale Contract Date: Mar 16, 1998
  • Current Sale Recording Date: May 21, 1998
  • Current Sale Transaction ID: 1016998096
  • Current Sale Price: $260,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 98-0863104
  • Previous Sale Recording Date: Oct 14, 1997
  • Previous Sale Contract Date: Oct 10, 1997
  • Previous Sale Amount: $116,653
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MARK I MTG
  • First Mortgage Transaction Date: May 21, 1998
  • First Mortgage Loan Amount: $249,790
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2028

About Maywood



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Frequently Asked Questions

What neighborhood is 4961 East 59th Place located in?
The 4961 East 59th Place is a located in the neighborhood of Maywood in Maywood, Maywood.
What is the average sales price for listings in 4961 East 59th Place?
The average sales price for units in 4961 East 59th Place is $0 currently.

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