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5500 Senford Avenue

5500 Senford Avenue, Los Angeles, CA 90056
Sold Dec 12, 2019
$1,650,000
$1,155,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2050
Local assessors in Los Angeles, CA have categorized 5500 Senford Avenue as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1972. The property's lot size has been calculated to be 11,294 square feet. The linear feet between the front and back of the lot was measured at 1,040 ft and the front of the lot was measured at 1,060 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5500 Senford Avenue has a total of 3,336 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5500 Senford Avenue sold most recently in Dec 2, 2019 for a total of $1,650,000. If you work out the math, that's approximately a cost of $494.60 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 $20,650 in taxes each year. 5500 Senford Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,734,441. If we break it down further, the land itself was valued at $1,387,554. Improvements to the property, however, were assessed at a total of $346,887. The property's total assessed value has been marked as more than the total market value 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.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
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • 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: 11,294
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 3,336
  • Building Area: 3,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,336
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 18066
  • Land Acres: 0.259
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 18066 LOT/SEC 77

Ownership

  • Current Owner : MARGOLIS JACLYN ANN
  • Current Owner 2: MARGOLIS JOSHUA PETER
  • Previous Owner : SMALL JASON W
  • Previous Owner 2: SMALL MELVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Inglewood Unified School District
  • Census Tract: 703002

Zoning

  • Zoning: LCR1YY

Geography

  • Assessors Map Reference: 50-E4
  • Subdivision Tract Number: 18066
  • Parcel: 4201-024-010
  • Lot: 77
  • Municipality: WEST /LADERA HEIGHTS
  • Latitude: 33.9919
  • Longitude: -118.376

    Address

  • Full Address: 5500 Senford Ave
  • Address - House Number: 5500
  • Address - Street Name: Senford
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C027
  • 4-Digit Zip Code: 1031
  • Zip Code: 90056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,650
  • Tax Rate Code Area: 04-623

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,384,904
  • High Value: 2,934,306
  • Low Value: 1,835,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,155,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 12, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,155,000
  • 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: Jan 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,734,441
  • Assessed Land Value: $1,387,554
  • Assessed Improvements Value: $346,887

    Sales

  • Current Sale Contract Date: Dec 02, 2019
  • Current Sale Recording Date: Dec 12, 2019
  • Current Sale Transaction ID: 11709498340
  • Current Sale Price: $1,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1387551

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 12, 2019
  • First Mortgage Loan Amount: $1,155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5500 Senford Avenue located in?
The 5500 Senford Avenue is a house located in the neighborhood of Ladera Heights in Ladera Heights, Los Angeles.
What is the average sales price for listings in 5500 Senford Avenue?
The average sales price for units in 5500 Senford Avenue is $0 currently.

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