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5632 Lorelei Avenue

5632 Lorelei Avenue, Lakewood, CA 90712
Property in Lakewood Park
Sold Dec 14, 2020
$660,000
$396,000 by Reve Mortgage
Mortgage Due Jan 01, 2051
Sold Nov 09, 2005
$548,000
$348,000 by Citimortgage Inc
Mortgage Due Dec 01, 2035
5632 Lorelei Avenue has been categorized by the local assessors in Lakewood, CA as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1951. The home has a total of 6 rooms. 3 of these rooms are legally considered as 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, 5632 Lorelei Avenue has 1,160 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 1,060 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,332 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 is one available parking space. 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 hip style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5632 Lorelei Avenue was last sold in Nov 19, 2020 for $660,000. According to our calculations, that's $568.97 per sqft. Prior to that sales transaction, the property was sold for $548,000 in Oct 12, 2005. Current property owners are expected to pay $7,917 in taxes per year. The property on 5632 Lorelei Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $686,663. To break that down further, the land itself was valued at $549,331. While improvements to the property were assessed at a total of $137,332. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1950
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • 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: 5,332
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 14594
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 14594 LOT/SEC 250

Ownership

  • Current Owner : LY CHANRATANA
  • Previous Owner : WONG WILLIAM
  • Owner Before Previous Owner: HORNE MARIE J
  • Owner Before Previous Owner 2: HORNE TRUST
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Bellflower Unified School District
  • Census Tract: 570800

Zoning

  • Zoning: LKR1YY

Geography

  • Assessors Map Reference: 71-C1
  • Subdivision Tract Number: 14594
  • Parcel: 7171-019-002
  • Lot: 250
  • Municipality: SOUTH /LAKEWOOD MU/PARK
  • Latitude: 33.8584
  • Longitude: -118.129

    Address

  • Full Address: 5632 Lorelei Ave
  • Address - House Number: 5632
  • Address - Street Name: Lorelei
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Lakewood
  • Carrier Code: C019
  • 4-Digit Zip Code: 2041
  • Zip Code: 90712

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,917
  • Tax Rate Code Area: 02-274

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 73
  • Final Value: 802,217
  • High Value: 961,724
  • Low Value: 642,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: REVE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 14, 2020
  • First Open Lien Mortgage Loan Amount: $396,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $686,663
  • Assessed Land Value: $549,331
  • Assessed Improvements Value: $137,332

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Dec 14, 2020
  • Current Sale Transaction ID: 11807244380
  • Current Sale Price: $660,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1650190
  • Previous Sale Recording Date: Nov 09, 2005
  • Previous Sale Contract Date: Oct 12, 2005
  • Previous Sale Amount: $548,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: REVE MORTGAGE
  • First Mortgage Transaction Date: Dec 14, 2020
  • First Mortgage Loan Amount: $396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 09, 2005
  • Previous Mortgage Loan Amount: $348,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Lakewood Park



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Frequently Asked Questions

What neighborhood is 5632 Lorelei Avenue located in?
The 5632 Lorelei Avenue is a located in the neighborhood of Lakewood Park in Lakewood Park, Lakewood.
What is the average sales price for listings in 5632 Lorelei Avenue?
The average sales price for units in 5632 Lorelei Avenue is $638,000 , or $491/sqft. currently.

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