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5525 West 123rd Place

5525 West 123rd Place, Hawthorne, CA 90250
Sold Nov 23, 1999
$260,000
$450,000 by Jg Wentworth Home Lending Llc
Mortgage Due Jan 01, 2032
Local assessors in Hawthorne, CA have categorized 5525 West 123rd Place as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1953. The property's lot size has been calculated to be 5,041 square feet. The linear feet between the front and back of the lot was measured at 920 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 2 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 5525 West 123rd Place has a total of 1,639 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 - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's a solar heating system is the primary heating source and it is being fueled with solar energy. 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, 5525 West 123rd Place sold most recently in Nov 2, 1999 for a total of $260,000. If you work out the math, that's approximately a cost of $158.63 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 $5,092 in taxes each year. 5525 West 123rd Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $384,075. If we break it down further, the land itself was valued at $214,197. Improvements to the property, however, were assessed at a total of $169,878. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1950
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • 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: 5,041
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,639
  • Building Area: 1,639
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Solar
  • Heated Square Feet: 1,639
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15950
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 15950 LOT/SEC 116

Ownership

  • Current Owner : CHEN BILL
  • Current Owner 2: CHEN PING LAI TAN
  • Previous Owner : LANDON TED
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wiseburn Unified School District
  • Census Tract: 602201

Zoning

  • Zoning: LCR1YY

Geography

  • Assessors Map Reference: 56-E6
  • Subdivision Tract Number: 15950
  • Parcel: 4143-003-035
  • Lot: 116
  • Municipality: SOUTH /N. HAWTH. SFR
  • Latitude: 33.9218
  • Longitude: -118.377

    Address

  • Full Address: 5525 W 123rd St
  • Address - House Number: 5525
  • Street Direction: W
  • Address - Street Name: 123rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hawthorne
  • Carrier Code: C020
  • 4-Digit Zip Code: 3424
  • Zip Code: 90250

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,092
  • Tax Rate Code Area: 09-878

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 1,089,332
  • High Value: 1,340,557
  • Low Value: 838,108

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: JG WENTWORTH HOME LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2016
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2032
  • Second Open Lien Mortgage Lender: CITIBANK WEST FSB
  • Second Open Lien Mortgage Recording Date: Nov 17, 2003
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 17, 2033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,075
  • Assessed Land Value: $214,197
  • Assessed Improvements Value: $169,878

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 1999
  • Current Sale Recording Date: Nov 23, 1999
  • Current Sale Transaction ID: 1031459109
  • Current Sale Price: $260,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 99-2181319

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC CONSUMER LENDING GROU
  • First Mortgage Transaction Date: Nov 23, 1999
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2029

About Hawthorne



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Frequently Asked Questions

What neighborhood is 5525 West 123rd Place located in?
The 5525 West 123rd Place is a located in the neighborhood of Holly Glen - Del Aire in Hawthorne, Hawthorne.
What is the average sales price for listings in 5525 West 123rd Place?
The average sales price for units in 5525 West 123rd Place is $0 currently.

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