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1016 North Ardmore Avenue

1016 North Ardmore Avenue, Los Angeles, CA 90029
Property in East Hollywood
Sold May 11, 2016
$700,000
$525,000 by Banc Home Loans
Mortgage Due May 01, 2046
Sold Feb 12, 1999
Transfer
Local assessors in Los Angeles, CA have categorized 1016 North Ardmore Avenue as a residential type of property. The home was built in 1901 and is 123 years old. The property's lot size has been calculated to be 8,911 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. 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, 4 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1016 North Ardmore Avenue has a total of 2,958 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1016 North Ardmore Avenue sold most recently in Feb 19, 2016 for a total of $700,000. If you work out the math, that's approximately a cost of $236.65 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,667 in taxes each year. 1016 North Ardmore Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $796,476. If we break it down further, the land itself was valued at $597,358. Improvements to the property, however, were assessed at a total of $199,118. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1901
  • Effective Year Built: 1901
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,911
  • Total Building Area: 2,958
  • Gross Building Area: 2,958
  • Building Area: 2,958
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,958
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEUMAN TRACT
  • Land Acres: 0.205
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: NEUMAN TRACT LOT/SEC 35

Ownership

  • Current Owner : RAIGORODSKY SHAUL PAVEL
  • Current Owner 2: RAIGORODSKY LUDMILA
  • Previous Owner : SOLIS LUZ DEL CARMEN
  • Owner Before Previous Owner: GALVEZ ANA LILIAN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191620

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-E4
  • Parcel: 5537-018-022
  • Lot: 35
  • Municipality: EAST /LA ECHO PARK
  • Latitude: 34.0891
  • Longitude: -118.302

    Address

  • Full Address: 1016 N Ardmore Ave
  • Address - House Number: 1016
  • Street Direction: N
  • Address - Street Name: Ardmore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 2402
  • Zip Code: 90029

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,667
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,409,958
  • High Value: 1,734,427
  • Low Value: 1,085,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: BANC HOME LOANS
  • First Open Lien Mortgage Recording Date: May 11, 2016
  • First Open Lien Mortgage Loan Amount: $525,000
  • 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: May 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $796,476
  • Assessed Land Value: $597,358
  • Assessed Improvements Value: $199,118

    Sales

  • Current Sale Contract Date: Feb 19, 2016
  • Current Sale Recording Date: May 11, 2016
  • Current Sale Transaction ID: 1534648446
  • Current Sale Price: $700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0538253
  • Previous Sale Recording Date: Feb 12, 1999
  • Previous Sale Contract Date: Jan 11, 1999
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANC HOME LOANS
  • First Mortgage Transaction Date: May 11, 2016
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

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Frequently Asked Questions

What neighborhood is 1016 North Ardmore Avenue located in?
The 1016 North Ardmore Avenue is a located in the neighborhood of East Hollywood in Central LA, Los Angeles.
What is the average sales price for listings in 1016 North Ardmore Avenue?
The average sales price for units in 1016 North Ardmore Avenue is $0 currently.

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