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243 East 116th Place

243 East 116th Place, Los Angeles, CA 90061
Sold Feb 26, 2010
$210,000
$157,000 by Just Mortgage Inc
Mortgage Due Mar 01, 2040
Sold Dec 05, 2005
$520,000
$415,920 by Wmc Mortgage Corp
Mortgage Due Dec 01, 2035
243 East 116th 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 1946 and is 78 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 6 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 243 East 116th Place has 2,268 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,588 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 B by the local assessor. 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, 243 East 116th Place was last sold in Jan 21, 2010 for $210,000. According to our calculations, that's $92.59 per sqft. Prior to that sales transaction, the property was sold for $520,000 in Nov 3, 2005. Current property owners are expected to pay $3,595 in taxes per year. The property on 243 East 116th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $260,530. To break that down further, the land itself was valued at $136,468. While improvements to the property were assessed at a total of $124,062. 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. 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.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: 1946
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,588
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,268
  • Gross Building Area: 2,268
  • Building Area: 2,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3598
  • Land Acres: 0.128
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 3598 E 4O FT OF W 8O FT OF LOT/SEC 116

Ownership

  • Current Owner : CORDOVA MARTHA
  • Previous Owner : HERRERA JUAN A
  • Owner Before Previous Owner: ROOTS DEVELOPMENT INVESTMENTS INC

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 241001

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 58-B5
  • Subdivision Tract Number: 3598
  • Parcel: 6083-009-026
  • Lot: 116
  • Municipality: SOUTH /WATTS R.I.
  • Latitude: 33.9285
  • Longitude: -118.27

    Address

  • Full Address: 243 E 116th Pl
  • Address - House Number: 243
  • Street Direction: E
  • Address - Street Name: 116th
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C041
  • 4-Digit Zip Code: 2454
  • Zip Code: 90061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,595
  • Tax Rate Code Area: 00-461

    Appraisal Valuation

  • Standard Deviation: 0.2373
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 691,701
  • High Value: 855,890
  • Low Value: 527,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,000
  • First Open Lien Mortgage Lender: JUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 26, 2010
  • First Open Lien Mortgage Loan Amount: $157,000
  • 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: Mar 01, 2040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,530
  • Assessed Land Value: $136,468
  • Assessed Improvements Value: $124,062

    Sales

  • Current Sale Contract Date: Jan 21, 2010
  • Current Sale Recording Date: Feb 26, 2010
  • Current Sale Transaction ID: 1015669346
  • Current Sale Price: $210,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 10-0259274
  • Previous Sale Recording Date: Dec 05, 2005
  • Previous Sale Contract Date: Nov 03, 2005
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JUST MORTGAGE INC
  • First Mortgage Transaction Date: Feb 26, 2010
  • First Mortgage Loan Amount: $157,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: WMC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 05, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $415,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Harbor



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Frequently Asked Questions

What neighborhood is 243 East 116th Place located in?
The 243 East 116th Place is a located in the neighborhood of Harbor Gateway North in Harbor, Los Angeles.
What is the average sales price for listings in 243 East 116th Place?
The average sales price for units in 243 East 116th Place is $0 currently.

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