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625 Esperanza Street

625 Esperanza Street, Los Angeles, CA 90023
Property in Boyle Heights
Sold Oct 03, 2000
$170,000
$367,200 by Novelle Financial Services
Mortgage Due Nov 01, 2035
625 Esperanza Street 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 1911 and is 113 years old. However, we must point out that the home was most recently renovated and altered in 1926. 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, 625 Esperanza Street has 1,461 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 1,040 ft and across the front of the lot is 430 ft. The area measurement of the land has been determined as 4,463 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 B by the local assessor. The building has a gable style roof made of composition shingle. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 625 Esperanza Street sold most recently in Sep 7, 2000 for a total of $170,000. If you work out the math, that's approximately a cost of $116.36 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 $3,947 in taxes each year. 625 Esperanza Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $317,764. If we break it down further, the land itself was valued at $192,274. Improvements to the property, however, were assessed at a total of $125,490. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1911
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • 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: 4,463
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,461
  • Building Area: 1,461
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,461
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 831
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 831 LOT/SEC 5

Ownership

  • Current Owner : MALDONADO MARIA
  • Current Owner 2: REYES MARIA
  • Previous Owner : ALVAREZ GERARDO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 204910

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 45-C5
  • Subdivision Tract Number: 831
  • Parcel: 5188-003-047
  • Lot: 5
  • Municipality: EAST /EAST L.A. SO.
  • Latitude: 34.0282
  • Longitude: -118.195

    Address

  • Full Address: 625 Esperanza St
  • Address - House Number: 625
  • Address - Street Name: Esperanza
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C041
  • 4-Digit Zip Code: 1714
  • Zip Code: 90023

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,947
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 698,387
  • High Value: 859,730
  • Low Value: 537,043

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,200
  • First Open Lien Mortgage Lender: NOVELLE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 19, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $367,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,764
  • Assessed Land Value: $192,274
  • Assessed Improvements Value: $125,490

    Sales

  • Current Sale Contract Date: Sep 07, 2000
  • Current Sale Recording Date: Oct 03, 2000
  • Current Sale Transaction ID: 1010596211
  • Current Sale Price: $170,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 00-1543228

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Mortgage Transaction Date: Oct 03, 2000
  • First Mortgage Loan Amount: $168,610
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2030

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Frequently Asked Questions

What neighborhood is 625 Esperanza Street located in?
The 625 Esperanza Street is a located in the neighborhood of Boyle Heights in East LA, Los Angeles.
What is the average sales price for listings in 625 Esperanza Street?
The average sales price for units in 625 Esperanza Street is $0 currently.

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