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7288 Woodrow Wilson Drive

7288 Woodrow Wilson Drive, Los Angeles, CA 90068
Sold Mar 07, 2016
$1,200,000
$1,500,000 by Flexpoint, Inc.
Mortgage Due Aug 01, 2063
Sold Sep 19, 2011
$700,000
Local assessors in Los Angeles, CA have categorized 7288 Woodrow Wilson Drive as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 2,476 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 ft. 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 7288 Woodrow Wilson Drive has a total of 2,114 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 - A. Residents rely on central air conditioning for their cooling system. The home's a central 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, 7288 Woodrow Wilson Drive sold most recently in Jan 25, 2016 for a total of $1,200,000. If you work out the math, that's approximately a cost of $567.64 per sqft. Before that, the property was also sold for $700,000 in Jun 24, 2011. 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 $11,670 in taxes each year. 7288 Woodrow Wilson Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $989,908. If we break it down further, the land itself was valued at $580,292. Improvements to the property, however, were assessed at a total of $409,616. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 2,476
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,114
  • Building Area: 2,114
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,114
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 145
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 145O LOT/SEC 930

Ownership

  • Current Owner : ALIKHAN NASIR
  • Previous Owner : FERRARI DINO
  • Owner Before Previous Owner: WELLS FARGO BANK N A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143700

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 24-A6
  • Subdivision Tract Number: 145
  • Parcel: 2428-007-003
  • Lot: 930
  • Municipality: WEST /HOLLYWOOD BOWL
  • Latitude: 34.1228
  • Longitude: -118.351

    Address

  • Full Address: 7288 Woodrow Wilson Dr
  • Address - House Number: 7288
  • Address - Street Name: Woodrow Wilson
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C059
  • 4-Digit Zip Code: 1759
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,670
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,781,880
  • High Value: 2,180,538
  • Low Value: 1,383,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: FLEXPOINT, INC.
  • First Open Lien Mortgage Recording Date: Jul 28, 2023
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $989,908
  • Assessed Land Value: $580,292
  • Assessed Improvements Value: $409,616

    Sales

  • Current Sale Contract Date: Jan 25, 2016
  • Current Sale Recording Date: Mar 07, 2016
  • Current Sale Transaction ID: 1457835888
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0243731
  • Previous Sale Recording Date: Sep 19, 2011
  • Previous Sale Contract Date: Jun 24, 2011
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Mar 07, 2016
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 7288 Woodrow Wilson Drive located in?
The 7288 Woodrow Wilson Drive is a located in the neighborhood of Hollywood Hills West in Central LA, Los Angeles.
What is the average sales price for listings in 7288 Woodrow Wilson Drive?
The average sales price for units in 7288 Woodrow Wilson Drive is $0 currently.

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