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6914 Bear Avenue

6914 Bear Avenue, Bell Gardens, CA 90201
Property in Bell
Sold Mar 02, 2023
$570,000
$456,000 by East West Bank
Mortgage Due Mar 01, 2053
Sold Oct 24, 2005
$500,000
$359,650 by First Magnus Financial Corp
Mortgage Due Nov 01, 2035
Local assessors in Bell Gardens, CA have categorized 6914 Bear Avenue as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 7,547 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 6914 Bear Avenue has a total of 1,504 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 - D. 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, 6914 Bear Avenue sold most recently in Feb 24, 2023 for a total of $570,000. If you work out the math, that's approximately a cost of $378.99 per sqft. Before that, the property was also sold for $500,000 in Aug 30, 2005. 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 $9,506 in taxes each year. 6914 Bear Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $611,151. If we break it down further, the land itself was valued at $428,879. Improvements to the property, however, were assessed at a total of $182,272. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1927
  • Effective Year Built: 1927
  • Building Count: 3
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,547
  • Total Building Area: 1,504
  • Gross Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6644
  • Land Acres: 0.173
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT NO 6644 LOT/SEC 63

Ownership

  • Current Owner : PAZ JOSE ESCAMILLA
  • Current Owner 2: ARREGUIN MA M
  • Previous Owner : 2018 SORIA IRREVOCABLE TRUST
  • Owner Before Previous Owner: CORDERO JOSE
  • Owner Before Previous Owner 2: LANDAVERDE MARTHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 533603

Zoning

  • Zoning: BLR3*

Geography

  • Assessors Map Reference: 53-B5
  • Subdivision Tract Number: 6644
  • Parcel: 6325-041-007
  • Lot: 63
  • Municipality: SOUTH /HUNTINGTON PK.
  • Latitude: 33.9736
  • Longitude: -118.198

    Address

  • Full Address: 6914 Bear Ave
  • Address - House Number: 6914
  • Address - Street Name: Bear
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Bell Gardens
  • Carrier Code: C024
  • 4-Digit Zip Code: 3326
  • Zip Code: 90201

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,506
  • Tax Rate Code Area: 00-516

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 716,419
  • High Value: 873,059
  • Low Value: 559,778

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $456,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Mar 02, 2023
  • First Open Lien Mortgage Loan Amount: $456,000
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,151
  • Assessed Land Value: $428,879
  • Assessed Improvements Value: $182,272

    Sales

  • Current Sale Contract Date: Feb 24, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Transaction ID: 11902577872
  • Current Sale Price: $570,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 134399
  • Previous Sale Recording Date: Oct 24, 2005
  • Previous Sale Contract Date: Aug 30, 2005
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Mar 02, 2023
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • Previous Mortgage Transaction Date: Oct 24, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $359,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Bell



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Frequently Asked Questions

What neighborhood is 6914 Bear Avenue located in?
The 6914 Bear Avenue is a located in the neighborhood of Bell in Bell, Bell Gardens.
What is the average sales price for listings in 6914 Bear Avenue?
The average sales price for units in 6914 Bear Avenue is $0 currently.

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