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8683 South Gate Avenue

8683 South Gate Avenue, South Gate, CA 90280
Property in South Gate
Sold Jul 07, 2008
$335,000
$323,061 by Nations Direct Mortgage Llc
Mortgage Due Jul 01, 2045
Sold Jul 31, 2007
$67,500
8683 South Gate Avenue has been categorized by the local assessors in South Gate, CA as a residential type of property. The building on the property was first built in 1927 and is 97 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as 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, 8683 South Gate Avenue has 1,458 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 1,500 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 6,009 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Spanish style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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. The building has a flat style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. 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, 8683 South Gate Avenue was last sold in May 20, 2008 for $335,000. According to our calculations, that's $229.77 per sqft. Prior to that sales transaction, the property was sold for $67,500 in Jul 24, 2007. Current property owners are expected to pay $4,967 in taxes per year. The property on 8683 South Gate Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $385,165. To break that down further, the land itself was valued at $268,290. While improvements to the property were assessed at a total of $116,875. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,009
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,458
  • Building Area: 1,458
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,458
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 3233
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 3233 S 40 FT OF LOT/SEC 48

Ownership

  • Current Owner : VASQUEZ MANUEL
  • Current Owner 2: VASQUEZ AGUSTINA
  • Previous Owner : WELLS FARGO BANK NA
  • Owner Before Previous Owner: OLIVA JOSE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535503

Zoning

  • Zoning: SGR3YY

Geography

  • Assessors Map Reference: 59-A2
  • Subdivision Tract Number: 3233
  • Parcel: 6204-006-005
  • Lot: 48
  • Municipality: SOUTH /SOUTHGATE
  • Latitude: 33.9559
  • Longitude: -118.215

    Address

  • Full Address: 8683 S Gate Ave
  • Address - House Number: 8683
  • Street Direction: S
  • Address - Street Name: Gate
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: South Gate
  • Carrier Code: C009
  • 4-Digit Zip Code: 2912
  • Zip Code: 90280

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,967
  • Tax Rate Code Area: 00-664

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 690,194
  • High Value: 842,882
  • Low Value: 537,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,061
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 01, 2015
  • First Open Lien Mortgage Loan Amount: $323,061
  • 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: Jul 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,165
  • Assessed Land Value: $268,290
  • Assessed Improvements Value: $116,875

    Sales

  • Current Sale Contract Date: May 20, 2008
  • Current Sale Recording Date: Jul 07, 2008
  • Current Sale Transaction ID: 1016370565
  • Current Sale Price: $335,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 08-1196586
  • Previous Sale Recording Date: Jul 31, 2007
  • Previous Sale Contract Date: Jul 24, 2007
  • Previous Sale Amount: $67,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 07, 2008
  • First Mortgage Loan Amount: $329,824
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Jul 01, 2038

About South Gate



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Frequently Asked Questions

What neighborhood is 8683 South Gate Avenue located in?
The 8683 South Gate Avenue is a located in the neighborhood of South Gate in South Gate, South Gate.
What is the average sales price for listings in 8683 South Gate Avenue?
The average sales price for units in 8683 South Gate Avenue is $0 currently.

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