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699 Shafter Way

699 Shafter Way, Los Angeles, CA 90042
Property in Hermon
Sold May 03, 2017
$935,000
$697,000 by Quicken Loans Llc
Mortgage Due Mar 01, 2051
Sold Mar 13, 2009
$750,000
$417,000 by Usc Cu
Mortgage Due Apr 01, 2039
699 Shafter Way in Los Angeles, CA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 699 Shafter Way has 2,988 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,622 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 699 Shafter Way sold most recently in Apr 5, 2017 for a total of $935,000. If you work out the math, that's approximately a cost of $312.92 per sqft. Before that, the property was also sold for $750,000 in Feb 4, 2009. 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 $12,218 in taxes each year. 699 Shafter Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,043,005. If we break it down further, the land itself was valued at $549,166. Improvements to the property, however, were assessed at a total of $493,839. 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: 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: 7,622
  • 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: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: M B 2-75-76 SEE ASSESSORS MAPS POR LOTS 12 TO 15 BLK 13,POR LOT 30 BLK 7,VAC ST

Ownership

  • Current Owner : AYAZI KERESHMEH KERRY
  • Current Owner 2: KOOK SPENCER YOUNG
  • Previous Owner : MALDEN ROBERT PAUL
  • Previous Owner 2: MAIDEN ANSCHION
  • Owner Before Previous Owner: KIM DAE WOO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Parcel: 5312-021-047
  • Block: 13,7
  • Lot: 30
  • Municipality: EAST /MONTEREY HILLS
  • Latitude: 34.1073
  • Longitude: -118.179

    Address

  • Full Address: 699 Shafter Way
  • Address - House Number: 699
  • Address - Street Name: Shafter
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C055
  • 4-Digit Zip Code: 2685
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,218
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,444,668
  • High Value: 1,774,205
  • Low Value: 1,115,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $697,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Mar 04, 2021
  • First Open Lien Mortgage Loan Amount: $697,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,043,005
  • Assessed Land Value: $549,166
  • Assessed Improvements Value: $493,839

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2017
  • Current Sale Recording Date: May 03, 2017
  • Current Sale Transaction ID: 1811296628
  • Current Sale Price: $935,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0491495
  • Previous Sale Recording Date: Mar 13, 2009
  • Previous Sale Contract Date: Feb 04, 2009
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 03, 2017
  • First Mortgage Loan Amount: $748,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: USC CU
  • Previous Mortgage Transaction Date: Mar 13, 2009
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2039

About East LA



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Frequently Asked Questions

What neighborhood is 699 Shafter Way located in?
The 699 Shafter Way is a located in the neighborhood of Hermon in East LA, Los Angeles.
What is the average sales price for listings in 699 Shafter Way?
The average sales price for units in 699 Shafter Way is $0 currently.

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