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706 South Mott Street

706 South Mott Street, Los Angeles, CA 90023
Sold Jan 09, 2019
$620,000
$608,770 by United Wholesale Mortgage
Mortgage Due Feb 01, 2049
Sold Sep 10, 2018
$400,000
Local assessors in Los Angeles, CA have categorized 706 South Mott Street as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 3,668 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 706 South Mott Street has a total of 1,460 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 706 South Mott Street sold most recently in Dec 18, 2018 for a total of $620,000. If you work out the math, that's approximately a cost of $424.66 per sqft. Before that, the property was also sold for $400,000 in Aug 1, 2018. 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 $7,856 in taxes each year. 706 South Mott Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $664,762. If we break it down further, the land itself was valued at $450,323. Improvements to the property, however, were assessed at a total of $214,439. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1923
  • Effective Year Built: 1923
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,668
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,460
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3113
  • Land Acres: 0.084
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 3113 LOT/SEC 27 BLK/DIV/TWN 2

Ownership

  • Current Owner : DORADO CYNTHIA
  • Current Owner 2: DORADO MARIA
  • Previous Owner : QQ GROUP LLC
  • Owner Before Previous Owner: LOZA BRIGIDO
  • Owner Before Previous Owner 2: LOZA ANGELICA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 204700

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 45-A5
  • Subdivision Tract Number: 3113
  • Parcel: 5185-032-026
  • Block: 2
  • Lot: 27
  • Municipality: EAST /BOYLE HEIGHTS
  • Latitude: 34.0342
  • Longitude: -118.211

    Address

  • Full Address: 706 S Mott St
  • Address - House Number: 706
  • Street Direction: S
  • Address - Street Name: Mott
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 1437
  • Zip Code: 90023

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,856
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 774,777
  • High Value: 949,440
  • Low Value: 600,114

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $638,493
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 09, 2019
  • First Open Lien Mortgage Loan Amount: $608,770
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: May 11, 2022
  • Second Open Lien Mortgage Loan Amount: $29,723
  • Second Open Lien Mortgage Term: 320
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,762
  • Assessed Land Value: $450,323
  • Assessed Improvements Value: $214,439

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Jan 09, 2019
  • Current Sale Transaction ID: 11559708094
  • Current Sale Price: $620,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0026397
  • Previous Sale Recording Date: Sep 10, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 09, 2019
  • First Mortgage Loan Amount: $608,770
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 706 South Mott Street located in?
The 706 South Mott Street is a house located in the neighborhood of Boyle Heights in East LA, Los Angeles.
What is the average sales price for listings in 706 South Mott Street?
The average sales price for units in 706 South Mott Street is $400,000 currently.

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