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8229 Lookout Mountain Avenue

8229 Lookout Mountain Avenue, Los Angeles, CA 90046
Sold Jul 22, 2016
$1,570,000
$1,176,250 by New American Funding
Mortgage Due Aug 01, 2046
Sold Nov 20, 2013
$1,270,000
$1,000,000 by Bank Of America Na
Mortgage Due Dec 01, 2038
Local assessors in Los Angeles, CA have categorized 8229 Lookout Mountain Avenue as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 1936. The property's lot size has been calculated to be 13,709 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 1,030 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8229 Lookout Mountain Avenue has a total of 1,622 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. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. The building has a gable style roof that was made of composition shingle. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8229 Lookout Mountain Avenue was last sold in Jul 8, 2016 for $1,570,000. According to our calculations, that's $967.94 per sqft. Prior to that sales transaction, the property was sold for $1,270,000 in Oct 23, 2013. Current property owners are expected to pay $20,469 in taxes per year. The property on 8229 Lookout Mountain Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,751,360. To break that down further, the land itself was valued at $1,401,089. While improvements to the property were assessed at a total of $350,271. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,709
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 1,622
  • Building Area: 1,622
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,622
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUNGALOW LAND
  • Land Acres: 0.315
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BUNGALOW LAND LOT ON W LINE OF LOT 57 COM S THEREON 24.31 FT FROM MOST N COR OF SD LOT TH S 85 1243 E TO NE COR OF LOT 54 TH S 5 0845 W TO NE LINE OF LOOKOUT MOUNTAIN AVE TH NW THEREON TO A LOT/SEC C

Ownership

  • Current Owner : WATTS BENJAMIN
  • Previous Owner : HETHERINGTON CHRIS R
  • Previous Owner 2: HETHERINGTON KATHRYN G
  • Owner Before Previous Owner: NOVELLO SARAH
  • Owner Before Previous Owner 2: NOVELLO JOHN

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 261103

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 33-E2
  • Parcel: 5565-014-007
  • Lot: 57
  • Municipality: WEST /MOUNT OLYMPUS
  • Latitude: 34.1143
  • Longitude: -118.376

    Address

  • Full Address: 8229 Lookout Mountain Ave
  • Address - House Number: 8229
  • Address - Street Name: Lookout Mountain
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C056
  • 4-Digit Zip Code: 1546
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,469
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,426,752
  • High Value: 2,977,115
  • Low Value: 1,876,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,176,250
  • First Open Lien Mortgage Lender: NEW AMERICAN FUNDING
  • First Open Lien Mortgage Recording Date: Jul 22, 2016
  • First Open Lien Mortgage Loan Amount: $1,176,250
  • 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: Aug 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,751,360
  • Assessed Land Value: $1,401,089
  • Assessed Improvements Value: $350,271

    Sales

  • Current Sale Contract Date: Jul 08, 2016
  • Current Sale Recording Date: Jul 22, 2016
  • Current Sale Transaction ID: 1668502835
  • Current Sale Price: $1,570,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0861149
  • Previous Sale Recording Date: Nov 20, 2013
  • Previous Sale Contract Date: Oct 23, 2013
  • Previous Sale Amount: $1,270,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Jul 22, 2016
  • First Mortgage Loan Amount: $1,176,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 20, 2013
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 300
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2038

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Frequently Asked Questions

What neighborhood is 8229 Lookout Mountain Avenue located in?
The 8229 Lookout Mountain Avenue is a located in the neighborhood of Bel Air-Beverly Crest in West Los Angeles, Los Angeles.
What is the average sales price for listings in 8229 Lookout Mountain Avenue?
The average sales price for units in 8229 Lookout Mountain Avenue is $0 currently.

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