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657 South Avenue 61

657 South Avenue 61, Los Angeles, CA 90042
Property in Hermon
Sold Mar 10, 2022
$1,450,000
$1,160,000 by Crosscountry Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Dec 06, 2006
$955,000
$764,000 by Americas Wholesale Lender
Mortgage Due Dec 01, 2036
657 South Avenue 61 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 2005 and is 19 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 657 South Avenue 61 has 3,130 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,547 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central 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, 657 South Avenue 61 was last sold in Mar 2, 2022 for $1,450,000. According to our calculations, that's $463.26 per sqft. Prior to that sales transaction, the property was sold for $955,000 in Nov 21, 2006. Current property owners are expected to pay $14,361 in taxes per year. The property on 657 South Avenue 61 was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,479,000. To break that down further, the land itself was valued at $957,882. While improvements to the property were assessed at a total of $521,118. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,547
  • Total Building Area: 3,130
  • Building Area: 3,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK HILL PARK TRACT
  • Land Acres: 0.219
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK HILL PARK TRACT SEE ASSESSORS MAPS POR OF LOTS 16,17,26,27 AND 28 BLK 9

Ownership

  • Current Owner : KAHN MICHAEL
  • Current Owner 2: GOLDMAN JENIFER
  • Previous Owner : DIAZ JAIME A
  • Owner Before Previous Owner: WILLRODT RICHARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 183702

Zoning

  • Zoning: LAR1

Geography

  • Parcel: 5312-024-071
  • Block: 9
  • Lot: 16-17
  • Municipality: EAST /MONTEREY HILLS
  • Latitude: 34.1058
  • Longitude: -118.181

    Address

  • Full Address: 657 S Avenue 61
  • Address - House Number: 657
  • Street Direction: S
  • Address - Street Name: Avenue 61
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C055
  • 4-Digit Zip Code: 4325
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,361
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,452,613
  • High Value: 1,779,578
  • Low Value: 1,125,649

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,160,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 10, 2022
  • First Open Lien Mortgage Loan Amount: $1,160,000
  • 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: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,479,000
  • Assessed Land Value: $957,882
  • Assessed Improvements Value: $521,118

    Sales

  • Current Sale Contract Date: Mar 02, 2022
  • Current Sale Recording Date: Mar 10, 2022
  • Current Sale Transaction ID: 11888286778
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 282100
  • Previous Sale Recording Date: Dec 06, 2006
  • Previous Sale Contract Date: Nov 21, 2006
  • Previous Sale Amount: $955,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 10, 2022
  • First Mortgage Loan Amount: $1,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Dec 06, 2006
  • Previous Mortgage Loan Amount: $764,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 657 South Avenue 61 located in?
The 657 South Avenue 61 is a located in the neighborhood of Hermon in East LA, Los Angeles.
What is the average sales price for listings in 657 South Avenue 61?
The average sales price for units in 657 South Avenue 61 is $0 currently.

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