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5742 South Wilton Place

5742 South Wilton Place, Los Angeles, CA 90062
Sold Dec 04, 2020
$641,000
$629,389 by Cornerstone Home Lending Inc
Mortgage Due Jan 01, 2051
Sold Dec 12, 2017
$260,000
Buyer
Seller
$255,290 by Rpm Mortgage Inc
Mortgage Due Jan 01, 2048
5742 South Wilton Place 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 1922 and is 102 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 5742 South Wilton Place has 1,626 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 5,225 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 D by the local assessor. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Nov 25, 2020 for $641,000. That's $394.22 per sqft. Prior to that sales transaction, the property was also sold in Nov 27, 2017 for $260,000. 5742 South Wilton Place was last assessed in 2023. The total value of the property was assessed at $666,896. Specifically, the land the property is located on was valued at $239,292. While improvements on the property were assessed at a total of $427,604. 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 $7,962. The initial tax year of delinquency was in 2020. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,225
  • Total Building Area: 1,626
  • Gross Building Area: 1,626
  • Building Area: 1,626
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESTERFIELD SQUARE
  • Land Acres: 0.12
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: CHESTERFIELD SQUARE LOT/SEC 570

Ownership

  • Current Owner : PAREDES EDDY ALEJANDRO
  • Current Owner 2: HERRERA VICTOR
  • Previous Owner : LIN AMY
  • Previous Owner 2: PERALTA DANISA
  • Owner Before Previous Owner: ROSS SWANCY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232500

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 51-D4
  • Parcel: 5005-017-003
  • Lot: 570
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9897
  • Longitude: -118.315

    Address

  • Full Address: 5742 S Wilton Pl
  • Address - House Number: 5742
  • Street Direction: S
  • Address - Street Name: Wilton
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 2540
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,962
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 791,059
  • High Value: 970,448
  • Low Value: 611,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $629,389
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Loan Amount: $629,389
  • 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: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $666,896
  • Assessed Land Value: $239,292
  • Assessed Improvements Value: $427,604

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11804890273
  • Current Sale Price: $641,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1581825
  • Previous Sale Recording Date: Dec 12, 2017
  • Previous Sale Contract Date: Nov 27, 2017
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Dec 04, 2020
  • First Mortgage Loan Amount: $629,389
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RPM MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 12, 2017
  • Previous Mortgage Loan Amount: $255,290
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2048

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Frequently Asked Questions

What neighborhood is 5742 South Wilton Place located in?
The 5742 South Wilton Place is a located in the neighborhood of Chesterfield Square in South LA, Los Angeles.
What is the average sales price for listings in 5742 South Wilton Place?
The average sales price for units in 5742 South Wilton Place is $0 currently.

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