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8627 Elm Street

8627 Elm Street, Los Angeles, CA 90002
Property in Florence-Graham
Sold Jun 04, 2019
$440,000
$432,030 by Bridgelock Capital
Mortgage Due Jun 01, 2049
Sold Apr 27, 2017
$380,000
$373,117 by American Financial Network Inc
Mortgage Due May 01, 2047
8627 Elm Street 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 2013 and is 11 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 8627 Elm Street has 1,379 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,350 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 D by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 8627 Elm Street sold most recently in May 1, 2019 for a total of $440,000. If you work out the math, that's approximately a cost of $319.07 per sqft. Before that, the property was also sold for $380,000 in Mar 20, 2017. 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 $6,074 in taxes each year. 8627 Elm Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $471,767. If we break it down further, the land itself was valued at $278,771. Improvements to the property, however, were assessed at a total of $192,996. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,350
  • Total Building Area: 1,379
  • Building Area: 1,379
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,379
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURKHARD HOME TR
  • Land Acres: 0.077
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BURKHARD HOME TRACT LOT 29 BLK D

Ownership

  • Current Owner : MARTINEZ JUBER
  • Current Owner 2: MARTINEZ ELBA
  • Previous Owner : ALCANTARA LUVIA G
  • Previous Owner 2: ALCANTARA PEDRO
  • Owner Before Previous Owner: ORTIZ PEDRO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535300

Zoning

  • Zoning: LCR2*

Geography

  • Parcel: 6044-025-028
  • Block: D
  • Lot: 29
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9591
  • Longitude: -118.239

    Address

  • Full Address: 8627 Elm St
  • Address - House Number: 8627
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 1509
  • Zip Code: 90002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,074
  • Tax Rate Code Area: 11-983

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 605,373
  • High Value: 740,613
  • Low Value: 470,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $432,030
  • First Open Lien Mortgage Lender: BRIDGELOCK CAPITAL
  • First Open Lien Mortgage Recording Date: Jun 04, 2019
  • First Open Lien Mortgage Loan Amount: $432,030
  • 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: Jun 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,767
  • Assessed Land Value: $278,771
  • Assessed Improvements Value: $192,996

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: Jun 04, 2019
  • Current Sale Transaction ID: 11610599248
  • Current Sale Price: $440,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0519086
  • Previous Sale Recording Date: Apr 27, 2017
  • Previous Sale Contract Date: Mar 20, 2017
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRIDGELOCK CAPITAL
  • First Mortgage Transaction Date: Jun 04, 2019
  • First Mortgage Loan Amount: $432,030
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • Previous Mortgage Transaction Date: Apr 27, 2017
  • Previous Mortgage Loan Amount: $373,117
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2047

About Florence-Graham



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Frequently Asked Questions

What neighborhood is 8627 Elm Street located in?
The 8627 Elm Street is a located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 8627 Elm Street?
The average sales price for units in 8627 Elm Street is $0 currently.

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