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5229 Borland Road

5229 Borland Road, Los Angeles, CA 90032
Sold Aug 04, 2020
$565,000
$536,750 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2050
Sold Jan 25, 2002
$157,500
$125,600 by Washington Mutual Bank Fa
Mortgage Due Feb 01, 2032
5229 Borland Road in Los Angeles, CA was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1950. 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 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5229 Borland Road has 1,124 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. In total, the area measurement of the land is 4,538 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. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5229 Borland Road was last sold in Jul 30, 2020 for $565,000. According to our calculations, that's $502.67 per sqft. Prior to that sales transaction, the property was sold for $157,500 in Aug 13, 2001. Current property owners are expected to pay $6,938 in taxes per year. The property on 5229 Borland Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $587,825. To break that down further, the land itself was valued at $470,260. While improvements to the property were assessed at a total of $117,565. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 4,538
  • Lot Size Depth Feet: 800
  • Total Building Area: 1,124
  • Building Area: 1,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,124
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7669
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7669 LOT COM AT MOST N COR OF LOT 101 TH SE ON SW LINE OF BLOCK PLACE 74.81 FT TH SW ON A CURVE CONCAVE TO NW RADIUS EQUALS 10 FT 13.20 FT TH SW ON NW LINE OF BORLAND RD 38.65 FT TH N BEG PART OF LOT/SEC 101

Ownership

  • Current Owner : ORELLANA FARIAS MERCEDES
  • Current Owner 2: ORELLANA FARIAS MARYLI
  • Previous Owner : LI JI SHENG
  • Previous Owner 2: LEI JIN PING
  • Owner Before Previous Owner: LAI IRVIN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 201700

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 36-E6
  • Subdivision Tract Number: 7669
  • Parcel: 5221-004-011
  • Lot: 101
  • Municipality: EAST /EL SERENO SOUTH
  • Latitude: 34.0728
  • Longitude: -118.17

    Address

  • Full Address: 5229 Borland Rd
  • Address - House Number: 5229
  • Address - Street Name: Borland
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 3915
  • Zip Code: 90032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,938
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 831,507
  • High Value: 1,023,834
  • Low Value: 639,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $536,750
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 04, 2020
  • First Open Lien Mortgage Loan Amount: $536,750
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $587,825
  • Assessed Land Value: $470,260
  • Assessed Improvements Value: $117,565

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Transaction ID: 11776584992
  • Current Sale Price: $565,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0883055
  • Previous Sale Recording Date: Jan 25, 2002
  • Previous Sale Contract Date: Aug 13, 2001
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 04, 2020
  • First Mortgage Loan Amount: $536,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jan 25, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $125,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2032

About East LA



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Frequently Asked Questions

What neighborhood is 5229 Borland Road located in?
The 5229 Borland Road is a house located in the neighborhood of University Hills in East LA, Los Angeles.
What is the average sales price for listings in 5229 Borland Road?
The average sales price for units in 5229 Borland Road is $579,000 , or $515/sqft. currently.

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