Check Availability

512 Meridian Terrace

512 Meridian Terrace, Los Angeles, CA 90042
Sold Oct 12, 2023
$1,170,000
$1,029,600 by Ark-la-tex Financial Services
Mortgage Due Nov 01, 2053
Sold Jan 09, 2020
$840,000
$315,000 by Finance Of America Mortgage Ll
Mortgage Due Feb 01, 2050
512 Meridian Terrace in Los Angeles, CA was first built in 1911 and is 113 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 512 Meridian Terrace has 1,008 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 450 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 5,115 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of roll composition. 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. 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. The property was last sold in Sep 29, 2023 for $1,170,000. That's $1,160.71 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2019 for $840,000. 512 Meridian Terrace was last assessed in 2023. The total value of the property was assessed at $882,986. Specifically, the land the property is located on was valued at $706,390. While improvements on the property were assessed at a total of $176,596. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,777. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,115
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIRCH SYNDICATE TRACT
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PIRCH SYNDICATE TRACT LOT/SEC 68

Ownership

  • Current Owner : CARATOLA SHENG HSINCHEN
  • Current Owner 2: CARATOLA SALVATORE FRANK
  • Previous Owner : IAN AND KELAN MCLEES FAMILY TRUST
  • Owner Before Previous Owner: GIULIANO PAUL
  • Owner Before Previous Owner 2: GIULIANO JACLYN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 183220

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 36-C1
  • Parcel: 5486-012-017
  • Lot: 68
  • Municipality: EAST /LA HIGHLAND PK
  • Latitude: 34.1206
  • Longitude: -118.188

    Address

  • Full Address: 512 Meridian Ter
  • Address - House Number: 512
  • Address - Street Name: Meridian
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C065
  • 4-Digit Zip Code: 2118
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,777
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 96
  • Final Value: 1,057,566
  • High Value: 1,129,338
  • Low Value: 985,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,029,600
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 12, 2023
  • First Open Lien Mortgage Loan Amount: $1,029,600
  • 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: Nov 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $882,986
  • Assessed Land Value: $706,390
  • Assessed Improvements Value: $176,596

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914298101
  • Current Sale Price: $1,170,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 694304
  • Previous Sale Recording Date: Jan 09, 2020
  • Previous Sale Contract Date: Dec 19, 2019
  • Previous Sale Amount: $840,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 12, 2023
  • First Mortgage Loan Amount: $1,029,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Jan 09, 2020
  • Previous Mortgage Loan Amount: $315,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2050

About East LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 508 N Avenue 66, Los Angeles, CA, 90042

$2,888 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
508 N Avenue 66, Los Angeles, CA, 90042 Listing by Gia Casty
Unit for rent at 5423 Ash Street 1/2, Los Angeles, CA, 90042

$3,195 /mo

  • 2 Beds
  • 2 Baths
  • 800 ft²
5423 Ash Street 1/2, Los Angeles, CA, 90042 Listing by Victoria Ascarrunz

Frequently Asked Questions

What neighborhood is 512 Meridian Terrace located in?
The 512 Meridian Terrace is a house located in the neighborhood of Highland Park in East LA, Los Angeles.
What is the average sales price for listings in 512 Meridian Terrace?
The average sales price for units in 512 Meridian Terrace is $0 currently.

Quantcast