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944 North Laurel Avenue

944 North Laurel Avenue, Los Angeles, CA 90046
Sold Jun 09, 2020
$3,950,000
$2,962,500 by Hsbc Bank Usa
Mortgage Due Jul 01, 2050
Sold Dec 04, 2018
$4,325,000
$3,027,500 by Rpm Investments
Mortgage
Local assessors in Los Angeles, CA have categorized 944 North Laurel Avenue as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 6,551 square feet. The linear feet between the front and back of the lot was measured at 1,310 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 8 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 944 North Laurel Avenue has a total of 4,521 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. 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 - D. 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. 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, 944 North Laurel Avenue sold most recently in May 29, 2020 for a total of $3,950,000. If you work out the math, that's approximately a cost of $873.70 per sqft. Before that, the property was also sold for $4,325,000 in Oct 25, 2018. 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 $47,486 in taxes each year. The initial year of tax delinquency occurred in 2022. 944 North Laurel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,109,579. If we break it down further, the land itself was valued at $2,305,838. Improvements to the property, however, were assessed at a total of $1,803,741. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: D
  • 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: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,551
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,521
  • Building Area: 4,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3425
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 3425 LOT/SEC 66

Ownership

  • Current Owner : MATCHETT ANTHONY
  • Previous Owner : GOODSON ALEXANDER
  • Owner Before Previous Owner: 944 LAUREL LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 194401

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 33-F4
  • Subdivision Tract Number: 3425
  • Parcel: 5529-023-024
  • Lot: 66
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0885
  • Longitude: -118.365

    Address

  • Full Address: 944 N Laurel Ave
  • Address - House Number: 944
  • Street Direction: N
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 6922
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,486
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 96
  • Final Value: 4,772,956
  • High Value: 5,096,209
  • Low Value: 4,449,704

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,962,500
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Jun 09, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,962,500
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,109,579
  • Assessed Land Value: $2,305,838
  • Assessed Improvements Value: $1,803,741

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 09, 2020
  • Current Sale Transaction ID: 11766454856
  • Current Sale Price: $3,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0624289
  • Previous Sale Recording Date: Dec 04, 2018
  • Previous Sale Contract Date: Oct 25, 2018
  • Previous Sale Amount: $4,325,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Jun 09, 2020
  • First Mortgage Loan Amount: $2,962,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: RPM INVESTMENTS
  • Previous Mortgage Transaction Date: Dec 04, 2018
  • Previous Mortgage Loan Amount: $3,027,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 944 North Laurel Avenue located in?
The 944 North Laurel Avenue is a house located in the neighborhood of Mid-City West in Central LA, Los Angeles.
What is the average sales price for listings in 944 North Laurel Avenue?
The average sales price for units in 944 North Laurel Avenue is $0 currently.

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