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10981 Memory Park Avenue

10981 Memory Park Avenue, Mission Hills, CA 91345
Property in Mission Hills
Sold Nov 21, 2017
$480,000
$456,000 by Nations Direct Mortgage Llc
Mortgage Due Dec 01, 2047
Sold Sep 22, 2017
$310,000
$360,250 by 5 Arch Funding Corp
Mortgage
10981 Memory Park Avenue in Mission Hills, CA was first built in 1939 and is 85 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 10981 Memory Park Avenue has 1,072 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 10,805 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating 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, 10981 Memory Park Avenue was last sold in Oct 20, 2017 for $480,000. According to our calculations, that's $447.76 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Aug 30, 2017. Current property owners are expected to pay $6,272 in taxes per year. The property on 10981 Memory Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $524,946. To break that down further, the land itself was valued at $409,568. While improvements to the property were assessed at a total of $115,378. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,805
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6432
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6432 LOT/SEC 205

Ownership

  • Current Owner : VELASQUEZ LETICIA GONZALEZ
  • Previous Owner : VALLEY ACQUISITIONS LLC
  • Owner Before Previous Owner: DEFRANCO ANTHONY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 109400

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 8-C2
  • Subdivision Tract Number: 6432
  • Parcel: 2615-007-025
  • Lot: 205
  • Municipality: NORTH /PANORAMA CITY
  • Latitude: 34.2697
  • Longitude: -118.463

    Address

  • Full Address: 10981 Memory Park Ave
  • Address - House Number: 10981
  • Address - Street Name: Memory Park
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Mission Hills
  • Carrier Code: C064
  • 4-Digit Zip Code: 1525
  • Zip Code: 91345

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,272
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 734,635
  • High Value: 902,499
  • Low Value: 566,772

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $456,000
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 21, 2017
  • 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: Dec 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,946
  • Assessed Land Value: $409,568
  • Assessed Improvements Value: $115,378

    Sales

  • Current Sale Contract Date: Oct 20, 2017
  • Current Sale Recording Date: Nov 21, 2017
  • Current Sale Transaction ID: 11303441280
  • Current Sale Price: $480,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1337402
  • Previous Sale Recording Date: Sep 22, 2017
  • Previous Sale Contract Date: Aug 30, 2017
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 21, 2017
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: 5 ARCH FUNDING CORP
  • Previous Mortgage Transaction Date: Sep 22, 2017
  • Previous Mortgage Loan Amount: $360,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About North Valley



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Frequently Asked Questions

What neighborhood is 10981 Memory Park Avenue located in?
The 10981 Memory Park Avenue is a located in the neighborhood of Mission Hills in North Valley, Mission Hills.
What is the average sales price for listings in 10981 Memory Park Avenue?
The average sales price for units in 10981 Memory Park Avenue is $0 currently.

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