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3214 Fernwood Avenue

3214 Fernwood Avenue, Los Angeles, CA 90039
Property in Silver Lake
Sold Sep 27, 2019
$1,715,000
$1,285,000 by Luther Burbank Savings
Mortgage Due Oct 01, 2059
Sold Aug 28, 2018
$1,375,000
Local assessors in Los Angeles, CA have categorized 3214 Fernwood Avenue as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 5,337 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary 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, 2 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3214 Fernwood Avenue has a total of 2,047 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. The home sources its water from a municipal system. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. 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. The property was last sold in Sep 16, 2019 for $1,715,000. That's $837.81 per sqft. Prior to that sales transaction, the property was also sold in Jul 31, 2018 for $1,375,000. 3214 Fernwood Avenue was last assessed in 2023. The total value of the property was assessed at $1,802,768. Specifically, the land the property is located on was valued at $1,442,215. While improvements on the property were assessed at a total of $360,553. 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 $20,921. The initial tax year of delinquency was in 2019. 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: 1963
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,337
  • Lot Size Depth Feet: 930
  • Total Building Area: 2,047
  • Building Area: 2,047
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,047
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 572
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 572O LOT/SEC 110

Ownership

  • Current Owner : BANHAZL TODD
  • Current Owner 2: TRAUB RACHEL
  • Previous Owner : KATTAG PROPERTIES LLC
  • Owner Before Previous Owner: TANNENBAUM STEPHEN MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 35-B3
  • Subdivision Tract Number: 572
  • Parcel: 5431-008-019
  • Lot: 110
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.0979
  • Longitude: -118.271

    Address

  • Full Address: 3214 Fernwood Ave
  • Address - House Number: 3214
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 3511
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,921
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 2,346,462
  • High Value: 2,886,377
  • Low Value: 1,806,547

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $1,834,999
  • First Open Lien Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Open Lien Mortgage Recording Date: Sep 27, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,285,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2059
  • Second Open Lien Mortgage Lender: GREAT LAKES CU
  • Second Open Lien Mortgage Recording Date: Sep 27, 2019
  • Second Open Lien Mortgage Loan Amount: $49,999
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone First
  • Second Open Lien Mortgage Loan Due Date: Sep 25, 2034
  • Third Open Lien Mortgage Lender: FIRST ENTERTAINMENT CU
  • Third Open Lien Mortgage Recording Date: Aug 09, 2023
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $250,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Fourth Open Lien Mortgage Lender: FIRST ENTERTAINMENT CU
  • Fourth Open Lien Mortgage Recording Date: Aug 09, 2023
  • Fourth Open Lien Mortgage Financing Type: Variable
  • Fourth Open Lien Mortgage Loan Amount: $250,000
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,802,768
  • Assessed Land Value: $1,442,215
  • Assessed Improvements Value: $360,553

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11656654479
  • Current Sale Price: $1,715,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-1017667
  • Previous Sale Recording Date: Aug 28, 2018
  • Previous Sale Contract Date: Jul 31, 2018
  • Previous Sale Amount: $1,375,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Mortgage Transaction Date: Sep 27, 2019
  • First Mortgage Loan Amount: $1,285,000
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2059

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About East LA



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Frequently Asked Questions

What neighborhood is 3214 Fernwood Avenue located in?
The 3214 Fernwood Avenue is a located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 3214 Fernwood Avenue?
The average sales price for units in 3214 Fernwood Avenue is $0 currently.

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