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11305 Valley Spring Lane

11305 Valley Spring Lane, North Hollywood, CA 91602
House in Studio City
Sold Feb 26, 2020
$1,109,000
$855,000 by Homebridge Financial Services
Mortgage Due Sep 01, 2051
11305 Valley Spring Lane in North Hollywood, CA was first built in 1937 and is 87 years old. Although, the building on the property was most recently renovated and altered in 1941. 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. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 11305 Valley Spring Lane has 2,104 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 580 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 6,615 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. 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 B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 11305 Valley Spring Lane sold most recently in Jan 15, 2020 for a total of $1,109,000. If you work out the math, that's approximately a cost of $527.09 per sqft. 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 $13,705 in taxes each year. The initial year of tax delinquency occurred in 2021. 11305 Valley Spring Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,165,860. If we break it down further, the land itself was valued at $918,000. Improvements to the property, however, were assessed at a total of $247,860. The property's total assessed value has been marked as more than the total market value 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!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: 1937
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,615
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,104
  • Building Area: 2,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9216
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9216 LOT/SEC 250

Ownership

  • Current Owner : GRIGORYAN ARMAN
  • Previous Owner : SCULLEY ROBERT E
  • Previous Owner 2: SCULLEY HARRIET BROWN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143200

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-D4
  • Subdivision Tract Number: 9216
  • Parcel: 2366-012-009
  • Lot: 250
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.147
  • Longitude: -118.378

    Address

  • Full Address: 11305 Valley Spring Ln
  • Address - House Number: 11305
  • Address - Street Name: Valley Spring
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: North Hollywood
  • Carrier Code: C019
  • 4-Digit Zip Code: 2612
  • Zip Code: 91602

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,705
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,770,608
  • High Value: 2,176,178
  • Low Value: 1,365,039

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,355,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $855,000
  • 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, 2051
  • Second Open Lien Mortgage Lender: WEIR AND FECHT PROFIT SHARING
  • Second Open Lien Mortgage Recording Date: Aug 03, 2023
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,165,860
  • Assessed Land Value: $918,000
  • Assessed Improvements Value: $247,860

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Transaction ID: 11737511769
  • Current Sale Price: $1,109,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0228135

    Last Sale Mortgage

  • First Mortgage Lender: WEIR AND FECHT PROFIT SHARING
  • First Mortgage Transaction Date: Feb 26, 2020
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 11305 Valley Spring Lane located in?
The 11305 Valley Spring Lane is a house located in the neighborhood of Studio City in South Valley, North Hollywood.
What is the average sales price for listings in 11305 Valley Spring Lane?
The average sales price for units in 11305 Valley Spring Lane is $0 currently.

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