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11744 Lakeland Road

11744 Lakeland Road, Norwalk, CA 90650
Townhouse in Norwalk
Sold Oct 11, 2019
$575,000
Buyer
Seller
$517,000 by New Wave Lending Group Inc
Mortgage Due Nov 01, 2049
Local assessors in Norwalk, CA have categorized 11744 Lakeland Road as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 15,034 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 3 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 11744 Lakeland Road has a total of 1,550 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 - B. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 11744 Lakeland Road was last sold in Sep 19, 2019 for $575,000. According to our calculations, that's $370.97 per sqft. Current property owners are expected to pay $7,176 in taxes per year. The property on 11744 Lakeland Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $592,574. To break that down further, the land itself was valued at $311,024. While improvements to the property were assessed at a total of $281,550. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,034
  • Total Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONDOMINIUM PLAN SUNSTONE PHASE 2
  • Land Acres: 0.345
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=72829 POR LOT 1 PH 2 CONDO UNIT 15 (AIRSPACE AND 1/8 INT IN COMMON AREA)

Ownership

  • Current Owner : SONG MIN GYU
  • Previous Owner : MCCURDY SHEA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norwalk-La Mirada Unified School District
  • Census Tract: 550201

Zoning

  • Zoning: NOR1YY

Geography

  • Subdivision Tract Number: 72829
  • Parcel: 8016-006-048
  • Lot: 1
  • Municipality: SOUTH /LA MIR/CER/NORW
  • Latitude: 33.9309
  • Longitude: -118.083

    Address

  • Full Address: 11744 Lakeland Rd
  • Address - House Number: 11744
  • Address - Street Name: Lakeland
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Norwalk
  • Carrier Code: C034
  • 4-Digit Zip Code: 1603
  • Zip Code: 90650

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,176
  • Tax Rate Code Area: 05-295

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 72
  • Final Value: 708,264
  • High Value: 854,759
  • Low Value: 561,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $517,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 11, 2019
  • First Open Lien Mortgage Loan Amount: $517,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $592,574
  • Assessed Land Value: $311,024
  • Assessed Improvements Value: $281,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11661450538
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-1087671

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $517,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 11744 Lakeland Road located in?
The 11744 Lakeland Road is a townhouse located in the neighborhood of Norwalk in Norwalk, Norwalk.
What is the average sales price for listings in 11744 Lakeland Road?
The average sales price for units in 11744 Lakeland Road is $0 currently.

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