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823 North Mansfield Avenue

823 North Mansfield Avenue, Los Angeles, CA 90038
Property in Greater Wilshire
Sold Jun 20, 2019
$3,047,000
$2,132,812 by Recovo Mortgage Management Llc
Mortgage Due Jul 01, 2049
Sold Aug 19, 2016
$3,010,000
Local assessors in Los Angeles, CA have categorized 823 North Mansfield Avenue as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 6,002 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 5 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 6 full bathrooms. There are also 6 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 823 North Mansfield Avenue has a total of 4,658 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 flat style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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. The property was last sold in May 20, 2019 for $3,047,000. That's $654.14 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2016 for $3,010,000. 823 North Mansfield Avenue was last assessed in 2023. The total value of the property was assessed at $3,266,862. Specifically, the land the property is located on was valued at $2,449,980. While improvements on the property were assessed at a total of $816,882. 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 $37,912. 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. 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,002
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,658
  • Building Area: 4,658
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,658
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4608
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 4608 LOT/SEC 137

Ownership

  • Current Owner : ASTATKE SOFONIAS
  • Current Owner 2: DAGNE FEREHIWOT
  • Previous Owner : HOUGH PETER
  • Previous Owner 2: HOUGH LINDA
  • Owner Before Previous Owner: 823 N MANSFIELD LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191902

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 34-B5
  • Subdivision Tract Number: 4608
  • Parcel: 5524-001-019
  • Lot: 137
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.086
  • Longitude: -118.341

    Address

  • Full Address: 823 N Mansfield Ave
  • Address - House Number: 823
  • Street Direction: N
  • Address - Street Name: Mansfield
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 3407
  • Zip Code: 90038

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,912
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 4,236,607
  • High Value: 5,217,864
  • Low Value: 3,255,351

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,132,812
  • First Open Lien Mortgage Lender: RECOVO MORTGAGE MANAGEMENT LLC
  • First Open Lien Mortgage Recording Date: Jun 20, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,132,812
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,266,862
  • Assessed Land Value: $2,449,980
  • Assessed Improvements Value: $816,882

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: Jun 20, 2019
  • Current Sale Transaction ID: 11616399715
  • Current Sale Price: $3,047,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0585345
  • Previous Sale Recording Date: Aug 19, 2016
  • Previous Sale Contract Date: Aug 15, 2016
  • Previous Sale Amount: $3,010,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: RECOVO MORTGAGE MANAGEMENT LLC
  • First Mortgage Transaction Date: Jun 20, 2019
  • First Mortgage Loan Amount: $2,132,812
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 823 North Mansfield Avenue located in?
The 823 North Mansfield Avenue is a located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 823 North Mansfield Avenue?
The average sales price for units in 823 North Mansfield Avenue is $0 currently.

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