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550 Oakford Drive

550 Oakford Drive, Los Angeles, CA 90022
Property in East Los Angeles
Sold Jul 17, 2006
$523,000
$470,700 by Fieldstone Mortgage Co
Mortgage Due Aug 01, 2036
Sold Jan 18, 2006
$290,000
$232,000 by Countrywide Home Loans Inc
Mortgage Due Feb 01, 2036
550 Oakford Drive 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 1942. 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. 550 Oakford Drive has 1,565 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 410 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 5,080 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. 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 floor/wall heating system. The property was last sold in Jul 5, 2006 for $523,000. That's $334.19 per sqft. Prior to that sales transaction, the property was also sold in Jul 6, 2005 for $290,000. 550 Oakford Drive was last assessed in 2023. The total value of the property was assessed at $615,824. Specifically, the land the property is located on was valued at $479,630. While improvements on the property were assessed at a total of $136,194. 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 $7,760. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1942
  • 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: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,080
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,565
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 7193
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7193 LOT/SEC 267

Ownership

  • Current Owner : HURTADO ARTURO SANCHEZ
  • Previous Owner : RUIZ DELIA P
  • Owner Before Previous Owner: TELLEZ DANIEL A
  • Owner Before Previous Owner 2: TELLEZ EVANGELINA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 530302

Zoning

  • Zoning: LCR3YY

Geography

  • Assessors Map Reference: 45-F6
  • Subdivision Tract Number: 7193
  • Parcel: 6341-020-014
  • Lot: 267
  • Municipality: EAST /SO. MONTEBELLO
  • Latitude: 34.025
  • Longitude: -118.152

    Address

  • Full Address: 550 Oakford Dr
  • Address - House Number: 550
  • Address - Street Name: Oakford
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C064
  • 4-Digit Zip Code: 2614
  • Zip Code: 90022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,760
  • Tax Rate Code Area: 01-010

    Appraisal Valuation

  • Standard Deviation: 0.2125
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 753,044
  • High Value: 913,124
  • Low Value: 592,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,700
  • First Open Lien Mortgage Lender: FIELDSTONE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 17, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $470,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $615,824
  • Assessed Land Value: $479,630
  • Assessed Improvements Value: $136,194

    Sales

  • Current Sale Contract Date: Jul 05, 2006
  • Current Sale Recording Date: Jul 17, 2006
  • Current Sale Transaction ID: 1033686494
  • Current Sale Price: $523,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-1565270
  • Previous Sale Recording Date: Jan 18, 2006
  • Previous Sale Contract Date: Jul 06, 2005
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIELDSTONE MORTGAGE CO
  • First Mortgage Transaction Date: Jul 17, 2006
  • First Mortgage Loan Amount: $470,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jan 18, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $232,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2036

About East Los Angeles



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Frequently Asked Questions

What neighborhood is 550 Oakford Drive located in?
The 550 Oakford Drive is a located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 550 Oakford Drive?
The average sales price for units in 550 Oakford Drive is $0 currently.

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