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7008 Ramsgate Avenue

7008 Ramsgate Avenue, Los Angeles, CA 90045
Property in Westchester
Sold Dec 07, 2021
$1,250,000
$1,000,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2052
Sold Aug 21, 2001
$284,000
$227,200 by Abn Amro Mtg Group Inc
Mortgage Due Sep 01, 2031
7008 Ramsgate Avenue 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 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1955. 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, 7008 Ramsgate Avenue has 1,630 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 1,150 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,052 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 flat style roof made of gravel/rock. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 19, 2021 for $1,250,000. That's $766.87 per sqft. Prior to that sales transaction, the property was also sold in Jul 2, 2001 for $284,000. 7008 Ramsgate Avenue was last assessed in 2023. The total value of the property was assessed at $1,275,000. Specifically, the land the property is located on was valued at $1,071,000. While improvements on the property were assessed at a total of $204,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,966. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1955
  • 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
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,052
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,630
  • Building Area: 1,630
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,630
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 14429
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 14429 LOT/SEC 37

Ownership

  • Current Owner : PATEL RESHMA K
  • Current Owner 2: SHARMA ANIL K
  • Previous Owner : POWELL DAMON L
  • Previous Owner 2: CAMERON DAWN M
  • Owner Before Previous Owner: SHERMAN WAYNE
  • Owner Before Previous Owner 2: HARRIS SUE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 276102

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 50-E6
  • Subdivision Tract Number: 14429
  • Parcel: 4103-014-012
  • Lot: 37
  • Municipality: WEST /INGLEWOOD
  • Latitude: 33.973
  • Longitude: -118.371

    Address

  • Full Address: 7008 Ramsgate Ave
  • Address - House Number: 7008
  • Address - Street Name: Ramsgate
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C061
  • 4-Digit Zip Code: 2218
  • Zip Code: 90045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,966
  • Tax Rate Code Area: 00-068

    Appraisal Valuation

  • Standard Deviation: 0.2203
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,277,540
  • High Value: 1,559,069
  • Low Value: 996,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,275,000
  • Assessed Land Value: $1,071,000
  • Assessed Improvements Value: $204,000

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11872408077
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1809777
  • Previous Sale Recording Date: Aug 21, 2001
  • Previous Sale Contract Date: Jul 02, 2001
  • Previous Sale Amount: $284,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MTG GROUP INC
  • Previous Mortgage Transaction Date: Aug 21, 2001
  • Previous Mortgage Loan Amount: $227,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2031

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Frequently Asked Questions

What neighborhood is 7008 Ramsgate Avenue located in?
The 7008 Ramsgate Avenue is a located in the neighborhood of Westchester in West Los Angeles, Los Angeles.
What is the average sales price for listings in 7008 Ramsgate Avenue?
The average sales price for units in 7008 Ramsgate Avenue is $0 currently.

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