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683 Shafter Way

683 Shafter Way, Los Angeles, CA 90042
Property in Hermon
Sold Jul 25, 2019
$1,010,000
$750,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2049
Sold Oct 08, 2004
$800,000
$500,000 by Ing Bank Fsb
Mortgage Due Oct 01, 2034
683 Shafter Way 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 2004 and is 20 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 683 Shafter Way has 2,988 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 6,454 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 A 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. 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, 683 Shafter Way sold most recently in Jul 3, 2019 for a total of $1,010,000. If you work out the math, that's approximately a cost of $338.02 per sqft. Before that, the property was also sold for $800,000 in May 21, 2004. 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 $12,403 in taxes each year. 683 Shafter Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,061,689. If we break it down further, the land itself was valued at $639,747. Improvements to the property, however, were assessed at a total of $421,942. The property's total assessed value has been marked as more than the total market value 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!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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,454
  • Total Building Area: 2,988
  • Building Area: 2,988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK HILL PARK TRACT
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK HILL PARK TRACT SEE ASSESSORS MAPS POR OF LOTS 25,26 AND 27 BLK 7

Ownership

  • Current Owner : JONES JEFFERY C
  • Current Owner 2: CHOU WILLIAM W
  • Previous Owner : LIAO MARK W
  • Previous Owner 2: LIAO TINA
  • Owner Before Previous Owner: RWH PASADENA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Parcel: 5312-022-045
  • Block: 7
  • Lot: 25-27
  • Municipality: EAST /MONTEREY HILLS
  • Latitude: 34.1075
  • Longitude: -118.18

    Address

  • Full Address: 683 Shafter Way
  • Address - House Number: 683
  • Address - Street Name: Shafter
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C055
  • 4-Digit Zip Code: 4184
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,403
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,386,468
  • High Value: 1,698,544
  • Low Value: 1,074,392

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 25, 2019
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: Aug 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,061,689
  • Assessed Land Value: $639,747
  • Assessed Improvements Value: $421,942

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 03, 2019
  • Current Sale Recording Date: Jul 25, 2019
  • Current Sale Transaction ID: 11625817884
  • Current Sale Price: $1,010,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0728521
  • Previous Sale Recording Date: Oct 08, 2004
  • Previous Sale Contract Date: May 21, 2004
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 25, 2019
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ING BANK FSB
  • Previous Mortgage Transaction Date: Oct 08, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2034

About East LA



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Frequently Asked Questions

What neighborhood is 683 Shafter Way located in?
The 683 Shafter Way is a located in the neighborhood of Hermon in East LA, Los Angeles.
What is the average sales price for listings in 683 Shafter Way?
The average sales price for units in 683 Shafter Way is $0 currently.

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