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8941 Santa Fe Avenue

8941 Santa Fe Avenue, South Gate, CA 90280
Multifamily in South Gate
Sold May 05, 2009
$430,000
$280,600 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2045
Sold Oct 01, 2008
$614,648
8941 Santa Fe 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 1942 and is 82 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 8941 Santa Fe Avenue has 2,880 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 4,894 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex 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. 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 B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. 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, 8941 Santa Fe Avenue sold most recently in Apr 29, 2009 for a total of $430,000. If you work out the math, that's approximately a cost of $149.31 per sqft. Before that, the property was also sold for $614,648 in Sep 29, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,052 in taxes each year. The initial year of tax delinquency occurred in 2020. 8941 Santa Fe Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $532,221. If we break it down further, the land itself was valued at $185,656. Improvements to the property, however, were assessed at a total of $346,565. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,894
  • Total Building Area: 2,880
  • Gross Building Area: 2,880
  • Building Area: 2,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10528
  • Land Acres: 0.112
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 10528 LOT/SEC 25

Ownership

  • Current Owner : CHAN PETER KAM
  • Previous Owner : HSBC BANK USA NATIONAL ASSOCIATION
  • Owner Before Previous Owner: MARTINEZ ALMA L

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535603

Zoning

  • Zoning: SGR3YY

Geography

  • Assessors Map Reference: 58-F2
  • Subdivision Tract Number: 10528
  • Parcel: 6204-029-010
  • Lot: 25
  • Municipality: SOUTH /SOUTHGATE
  • Latitude: 33.9548
  • Longitude: -118.225

    Address

  • Full Address: 8941 Santa Fe Ave
  • Address - House Number: 8941
  • Address - Street Name: Santa Fe
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: South Gate
  • Carrier Code: C008
  • 4-Digit Zip Code: 2635
  • Zip Code: 90280

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,052
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-664

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 912,261
  • High Value: 1,119,049
  • Low Value: 705,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,600
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 30, 2015
  • First Open Lien Mortgage Loan Amount: $280,600
  • 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: Feb 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,221
  • Assessed Land Value: $185,656
  • Assessed Improvements Value: $346,565

    Sales

  • Current Sale Contract Date: Apr 29, 2009
  • Current Sale Recording Date: May 05, 2009
  • Current Sale Transaction ID: 1016381916
  • Current Sale Price: $430,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 09-0657254
  • Previous Sale Recording Date: Oct 01, 2008
  • Previous Sale Contract Date: Sep 29, 2008
  • Previous Sale Amount: $614,648
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 05, 2009
  • First Mortgage Loan Amount: $301,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2039

About South Gate



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Frequently Asked Questions

What neighborhood is 8941 Santa Fe Avenue located in?
The 8941 Santa Fe Avenue is a multifamily located in the neighborhood of South Gate in South Gate, South Gate.
What is the average sales price for listings in 8941 Santa Fe Avenue?
The average sales price for units in 8941 Santa Fe Avenue is $0 currently.

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