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5327 Smiley Drive

5327 Smiley Drive, Los Angeles, CA 90016
Property in West Adams
Sold Apr 25, 1996
$131,500
$195,800 by Maverick Funding Corp
Mortgage Due Aug 01, 2042
Sold Jul 26, 1995
$137,063
5327 Smiley Drive 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 1922 and is 102 years old. However, we must point out that the home was most recently renovated and altered in 1930. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 5327 Smiley Drive has 1,619 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,814 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 C by the local assessor. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 5327 Smiley Drive sold most recently in Mar 12, 1996 for a total of $131,500. If you work out the math, that's approximately a cost of $81.22 per sqft. Before that, the property was also sold for $137,063 in Jul 21, 1995. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,865 in taxes each year. 5327 Smiley Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $219,523. If we break it down further, the land itself was valued at $79,822. Improvements to the property, however, were assessed at a total of $139,701. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1922
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,814
  • Total Building Area: 1,619
  • Gross Building Area: 1,619
  • Building Area: 1,619
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,619
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DU RAY PLACE
  • Land Acres: 0.111
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: DU RAY PLACE LOT/SEC 249

Ownership

  • Current Owner : CASTILLO CARLOS M
  • Previous Owner : BANKERS TRUST COMPANY
  • Owner Before Previous Owner: BOURGEOIS LEE RAESHEL
  • Owner Before Previous Owner 2: BANKERS TRUST COMPANY
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 219901

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 42-F5
  • Parcel: 5043-017-026
  • Lot: 249
  • Municipality: WEST /MID CTY/PICO UN
  • Latitude: 34.0288
  • Longitude: -118.361

    Address

  • Full Address: 5327 Smiley Dr
  • Address - House Number: 5327
  • Address - Street Name: Smiley
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 3307
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,865
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2229
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,018,992
  • High Value: 1,246,147
  • Low Value: 791,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,800
  • First Open Lien Mortgage Lender: MAVERICK FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jul 23, 2012
  • First Open Lien Mortgage Loan Amount: $195,800
  • 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, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,523
  • Assessed Land Value: $79,822
  • Assessed Improvements Value: $139,701

    Sales

  • Current Sale Contract Date: Mar 12, 1996
  • Current Sale Recording Date: Apr 25, 1996
  • Current Sale Transaction ID: 1031962890
  • Current Sale Price: $131,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 96-0653625
  • Previous Sale Recording Date: Jul 26, 1995
  • Previous Sale Contract Date: Jul 21, 1995
  • Previous Sale Amount: $137,063
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL RESOURCE CORP
  • First Mortgage Transaction Date: Apr 25, 1996
  • First Mortgage Loan Amount: $130,113
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2026

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Frequently Asked Questions

What neighborhood is 5327 Smiley Drive located in?
The 5327 Smiley Drive is a located in the neighborhood of West Adams in South LA, Los Angeles.
What is the average sales price for listings in 5327 Smiley Drive?
The average sales price for units in 5327 Smiley Drive is $0 currently.

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