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1138 Frank Lane

1138 Frank Lane, Santa Maria, CA 93458
Property in Westpark Estates
Sold Aug 21, 2015
$240,000
$234,432 by The Mortgage House Inc
Mortgage Due Sep 01, 2045
Local assessors in Santa Maria, CA have categorized 1138 Frank Lane as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 8,276 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1138 Frank Lane has a total of 888 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. 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 frame control joints. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1138 Frank Lane sold most recently in Jul 2, 2015 for a total of $240,000. If you work out the math, that's approximately a cost of $270.27 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 $2,899 in taxes each year. The initial year of tax delinquency occurred in 2022. 1138 Frank Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $273,073. If we break it down further, the land itself was valued at $91,023. Improvements to the property, however, were assessed at a total of $182,050. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 888
  • Building Area: 888
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 888
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTPARK ESTATES
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 5248 UNIT 2 LOT 123

Ownership

  • Current Owner : BECERRA ALBERTO ORTIZ
  • Current Owner 2: VALENCIA ROCIO ELIAS
  • Previous Owner : MEYERS MICHAEL A
  • Previous Owner 2: MEYERS JANET L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Santa Maria Joint Union High School District
  • Census Tract: 002303

Geography

  • Assessors Map Reference: 202-D4
  • Subdivision Tract Number: 5248
  • Parcel: 119-353-015
  • Lot: 123
  • Municipality: CITY OF SANTA MARIA CITY
  • Latitude: 34.9613
  • Longitude: -120.453

    Address

  • Full Address: 1138 Frank Ln
  • Address - House Number: 1138
  • Address - Street Name: Frank
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Santa Maria
  • Carrier Code: C065
  • 4-Digit Zip Code: 2778
  • Zip Code: 93458

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,899
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 476,680
  • High Value: 568,355
  • Low Value: 385,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,432
  • First Open Lien Mortgage Lender: THE MORTGAGE HOUSE INC
  • First Open Lien Mortgage Recording Date: Aug 21, 2015
  • First Open Lien Mortgage Loan Amount: $234,432
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,073
  • Assessed Land Value: $91,023
  • Assessed Improvements Value: $182,050

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 02, 2015
  • Current Sale Recording Date: Aug 21, 2015
  • Current Sale Transaction ID: 1269050557
  • Current Sale Price: $240,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015-0045052

    Last Sale Mortgage

  • First Mortgage Lender: THE MORTGAGE HOUSE INC
  • First Mortgage Transaction Date: Aug 21, 2015
  • First Mortgage Loan Amount: $234,432
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2045

About Westpark Estates



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Frequently Asked Questions

What neighborhood is 1138 Frank Lane located in?
The 1138 Frank Lane is a located in the neighborhood of Westpark Estates in Westpark Estates, Santa Maria.
What is the average sales price for listings in 1138 Frank Lane?
The average sales price for units in 1138 Frank Lane is $0 currently.

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