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2715 Madrid Court

2715 Madrid Court, South Gate, CA 90280
Property in South Gate
Sold Aug 10, 2016
$435,000
$424,297 by Mountain West Financial Inc
Mortgage Due Sep 01, 2046
Sold Jul 25, 2003
$280,000
Local assessors in South Gate, CA have categorized 2715 Madrid Court as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 3,240 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2715 Madrid Court has a total of 1,537 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. 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 - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 2715 Madrid Court was last sold in Jun 29, 2016 for $435,000. According to our calculations, that's $283.02 per sqft. Prior to that sales transaction, the property was sold for $280,000 in Jul 21, 2003. Current property owners are expected to pay $5,954 in taxes per year. The property on 2715 Madrid Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $485,247. To break that down further, the land itself was valued at $336,104. While improvements to the property were assessed at a total of $149,143. 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. 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.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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,240
  • Total Building Area: 1,537
  • Building Area: 1,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,537
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 52128
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=52128 LOT 8

Ownership

  • Current Owner : VALDIVIA GEOVANY
  • Current Owner 2: RAMIREZ JESSICA J
  • Previous Owner : FARRERA MIGUEL MUNOZ
  • Owner Before Previous Owner: MUNOZ MARGARITA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535501

Zoning

  • Zoning: SGR4YY

Geography

  • Subdivision Tract Number: 52128
  • Parcel: 6211-024-052
  • Lot: 8
  • Municipality: SOUTH /SOUTHGATE
  • Latitude: 33.9644
  • Longitude: -118.222

    Address

  • Full Address: 2715 Madrid Ct
  • Address - House Number: 2715
  • Address - Street Name: Madrid
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: South Gate
  • Carrier Code: C001
  • 4-Digit Zip Code: 2070
  • Zip Code: 90280

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,954
  • Tax Rate Code Area: 00-668

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 709,113
  • High Value: 865,987
  • Low Value: 552,239

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $549,073
  • First Open Lien Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Aug 10, 2016
  • First Open Lien Mortgage Loan Amount: $424,297
  • 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: Sep 01, 2046
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Nov 20, 2018
  • Second Open Lien Mortgage Loan Amount: $124,776
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,247
  • Assessed Land Value: $336,104
  • Assessed Improvements Value: $149,143

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2016
  • Current Sale Recording Date: Aug 10, 2016
  • Current Sale Transaction ID: 1691485676
  • Current Sale Price: $435,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0946318
  • Previous Sale Recording Date: Jul 25, 2003
  • Previous Sale Contract Date: Jul 21, 2003
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Mortgage Transaction Date: Aug 10, 2016
  • First Mortgage Loan Amount: $424,297
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2046

About South Gate



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Frequently Asked Questions

What neighborhood is 2715 Madrid Court located in?
The 2715 Madrid Court is a located in the neighborhood of South Gate in South Gate, South Gate.
What is the average sales price for listings in 2715 Madrid Court?
The average sales price for units in 2715 Madrid Court is $0 currently.

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