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532 East 157th Street

532 East 157th Street, Gardena, CA 90248
Sold Sep 18, 2019
$505,000
$509,300 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
532 East 157th Street has been categorized by the local assessors in Gardena, CA as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 3 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, 532 East 157th Street has 1,630 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 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,001 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. In terms of heating, it is utilizing a central 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, 532 East 157th Street sold most recently in Aug 12, 2019 for a total of $505,000. If you work out the math, that's approximately a cost of $309.82 per sqft. 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 $6,513 in taxes each year. 532 East 157th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $530,842. If we break it down further, the land itself was valued at $354,456. Improvements to the property, however, were assessed at a total of $176,386. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,630
  • Building Area: 1,630
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,630
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 25083
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 25083 LOT/SEC 34

Ownership

  • Current Owner : VARGAS MARIA ALEJANDRO
  • Current Owner 2: VARGAS JOCELYN A
  • Previous Owner : RICHARDSON WALTER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 541003

Zoning

  • Zoning: LCR1YY

Geography

  • Assessors Map Reference: 64-B3
  • Subdivision Tract Number: 25083
  • Parcel: 6125-010-007
  • Lot: 34
  • Municipality: SOUTH /COUNTY-CARSON
  • Latitude: 33.8893
  • Longitude: -118.267

    Address

  • Full Address: 532 E 157th St
  • Address - House Number: 532
  • Street Direction: E
  • Address - Street Name: 157th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Gardena
  • Carrier Code: C011
  • 4-Digit Zip Code: 2517
  • Zip Code: 90248

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,513
  • Tax Rate Code Area: 01-519

    Appraisal Valuation

  • Standard Deviation: 0.2305
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 730,651
  • High Value: 899,078
  • Low Value: 562,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $509,300
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $509,300
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $530,842
  • Assessed Land Value: $354,456
  • Assessed Improvements Value: $176,386

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Transaction ID: 11646078095
  • Current Sale Price: $505,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-0970530

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Sep 18, 2019
  • First Mortgage Loan Amount: $495,852
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2049

About West Compton



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Frequently Asked Questions

What neighborhood is 532 East 157th Street located in?
The 532 East 157th Street is a house located in the neighborhood of West Compton in West Compton, Gardena.
What is the average sales price for listings in 532 East 157th Street?
The average sales price for units in 532 East 157th Street is $0 currently.

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