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11860 Molette Street

11860 Molette Street, Norwalk, CA 90650
Property in Norwalk
Sold Sep 10, 2021
$470,000
$461,487 by Royal Pacific Funding Corp
Mortgage Due Oct 01, 2051
Sold Feb 29, 2016
$295,000
$289,656 by Motive Lending
Mortgage Due Mar 01, 2046
11860 Molette Street in Norwalk, CA was first built in 1953 and is 71 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 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 11860 Molette Street has 1,035 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 250 ft and the linear feet between the front and back of the lot is 1,040. In total, the area measurement of the land is 2,600 square feet.

Learn more about the property and building on this page. The roof of the home is made of gravel/rock. 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. 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, 11860 Molette Street sold most recently in Aug 13, 2021 for a total of $470,000. If you work out the math, that's approximately a cost of $454.11 per sqft. Before that, the property was also sold for $295,000 in Jan 14, 2016. 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 $6,063 in taxes each year. The initial year of tax delinquency occurred in 2021. 11860 Molette Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $479,400. If we break it down further, the land itself was valued at $383,520. Improvements to the property, however, were assessed at a total of $95,880. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,600
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,035
  • Building Area: 1,035
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,035
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PETROLEUM CENTER
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PETROLEUM CENTER LOT/SEC 29 BLK/DIV/TWN B

Ownership

  • Current Owner : MARTINEZ ANTHONY JAMES
  • Previous Owner : CHAVEZ STEVEN
  • Previous Owner 2: CHAVEZ FEDERICO
  • Owner Before Previous Owner: CASILLAS YASMIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Norwalk-La Mirada Unified School District
  • Census Tract: 552601

Zoning

  • Zoning: NOR1*

Geography

  • Assessors Map Reference: 82-A3
  • Parcel: 8080-013-017
  • Block: B
  • Lot: 29
  • Municipality: SOUTH /NORWALK
  • Latitude: 33.8916
  • Longitude: -118.08

    Address

  • Full Address: 11860 Molette St
  • Address - House Number: 11860
  • Address - Street Name: Molette
  • Address - Suffix Type: St
  • State: CA
  • City Name: Norwalk
  • Carrier Code: C003
  • 4-Digit Zip Code: 6547
  • Zip Code: 90650

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,063
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 06-768

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 666,177
  • High Value: 815,000
  • Low Value: 517,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $461,487
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $461,487
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,400
  • Assessed Land Value: $383,520
  • Assessed Improvements Value: $95,880

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11854980688
  • Current Sale Price: $470,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1389198
  • Previous Sale Recording Date: Feb 29, 2016
  • Previous Sale Contract Date: Jan 14, 2016
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $461,487
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOTIVE LENDING
  • Previous Mortgage Transaction Date: Feb 29, 2016
  • Previous Mortgage Loan Amount: $289,656
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2046

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Frequently Asked Questions

What neighborhood is 11860 Molette Street located in?
The 11860 Molette Street is a located in the neighborhood of Norwalk in Norwalk, Norwalk.
What is the average sales price for listings in 11860 Molette Street?
The average sales price for units in 11860 Molette Street is $0 currently.

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