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7416 Whitsett Avenue

7416 Whitsett Avenue, Los Angeles, CA 90001
Property in Florence-Graham
Sold Sep 15, 2014
$310,000
$248,000 by Platinum Home Mortgage Corp
Mortgage Due Oct 01, 2044
7416 Whitsett 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 1908 and is 116 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7416 Whitsett Avenue has 1,464 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 1,350 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,515 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 C by the local assessor. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7416 Whitsett Avenue sold most recently in Aug 18, 2014 for a total of $310,000. If you work out the math, that's approximately a cost of $211.75 per sqft. 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 $4,849 in taxes each year. 7416 Whitsett Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $358,098. If we break it down further, the land itself was valued at $207,120. Improvements to the property, however, were assessed at a total of $150,978. 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: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,515
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE WALNUT LAWN TRACT
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALNUT LAWN LOT/SEC 28

Ownership

  • Current Owner : VASQUEZ ROBERTO
  • Current Owner 2: VASQUEZ MARIA
  • Previous Owner : PRESS MARY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 534900

Zoning

  • Zoning: LCR2*

Geography

  • Assessors Map Reference: 52-E6
  • Parcel: 6025-006-014
  • Lot: 28
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9728
  • Longitude: -118.24

    Address

  • Full Address: 7416 Whitsett Ave
  • Address - House Number: 7416
  • Address - Street Name: Whitsett
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C046
  • 4-Digit Zip Code: 2235
  • Zip Code: 90001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,849
  • Tax Rate Code Area: 11-983

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 655,509
  • High Value: 801,948
  • Low Value: 509,069

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,000
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 15, 2014
  • First Open Lien Mortgage Loan Amount: $248,000
  • 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: Oct 01, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,098
  • Assessed Land Value: $207,120
  • Assessed Improvements Value: $150,978

    Sales

  • Current Sale Contract Date: Aug 18, 2014
  • Current Sale Recording Date: Sep 15, 2014
  • Current Sale Transaction ID: 1037146402
  • Current Sale Price: $310,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0973617

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 15, 2014
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2044

About Florence-Graham



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Frequently Asked Questions

What neighborhood is 7416 Whitsett Avenue located in?
The 7416 Whitsett Avenue is a located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 7416 Whitsett Avenue?
The average sales price for units in 7416 Whitsett Avenue is $0 currently.

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