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10342 Melvin Avenue

10342 Melvin Avenue, Porter Ranch, CA 91326
Property in Northridge West
Sold Aug 26, 2022
$1,150,000
Buyer
Seller
$805,000 by Hanmi Bank
Mortgage Due Sep 01, 2052
10342 Melvin Avenue has been categorized by the local assessors in Porter Ranch, CA as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 10342 Melvin Avenue has 2,388 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 1,700 ft and across the front of the lot is 980 ft. The area measurement of the land has been determined as 16,576 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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 A by the local assessor. The building has a hip style roof made of gravel/rock. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 10342 Melvin Avenue was last sold in Jul 15, 2022 for $1,150,000. According to our calculations, that's $481.57 per sqft. Current property owners are expected to pay $4,598 in taxes per year. The property on 10342 Melvin Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,150,000. To break that down further, the land itself was valued at $920,000. While improvements to the property were assessed at a total of $230,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

Carport
Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,576
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 980
  • Total Building Area: 2,388
  • Building Area: 2,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,388
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 16831
  • Land Acres: 0.381
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 16831 LOT/SEC 17

Ownership

  • Current Owner : PEYMAN FRANK
  • Previous Owner : JUDY SENA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 113102

Zoning

  • Zoning: LARA

Geography

  • Assessors Map Reference: 7-A3
  • Subdivision Tract Number: 16831
  • Parcel: 2708-004-017
  • Lot: 17
  • Municipality: NORTH /CHATSWORTH
  • Latitude: 34.2586
  • Longitude: -118.56

    Address

  • Full Address: 10342 Melvin Ave
  • Address - House Number: 10342
  • Address - Street Name: Melvin
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Porter Ranch
  • Carrier Code: C001
  • 4-Digit Zip Code: 2223
  • Zip Code: 91326

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,598
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 1,213,244
  • High Value: 1,469,573
  • Low Value: 956,915

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $805,000
  • First Open Lien Mortgage Lender: HANMI BANK
  • First Open Lien Mortgage Recording Date: Aug 26, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $805,000
  • 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: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,150,000
  • Assessed Land Value: $920,000
  • Assessed Improvements Value: $230,000

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Transaction ID: 11894954485
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 853231

    Last Sale Mortgage

  • First Mortgage Lender: HANMI BANK
  • First Mortgage Transaction Date: Aug 26, 2022
  • First Mortgage Loan Amount: $805,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About North Valley



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Frequently Asked Questions

What neighborhood is 10342 Melvin Avenue located in?
The 10342 Melvin Avenue is a located in the neighborhood of Northridge West in North Valley, Porter Ranch.
What is the average sales price for listings in 10342 Melvin Avenue?
The average sales price for units in 10342 Melvin Avenue is $0 currently.

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