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12531 Martha Street

12531 Martha Street, Valley Village, CA 91607
Sold Dec 03, 2004
$530,000
$510,400 by Stearns Lending Llc
Mortgage Due Nov 01, 2050
Sold Oct 03, 2002
$337,500
$252,500 by Countrywide Home Loans Inc
Mortgage Due Nov 01, 2032
12531 Martha Street in Valley Village, CA was first built in 1950 and is 74 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, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 12531 Martha Street has 1,183 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 1,150. In total, the area measurement of the land is 6,900 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 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, 12531 Martha Street sold most recently in Nov 16, 2004 for a total of $530,000. If you work out the math, that's approximately a cost of $448.01 per sqft. Before that, the property was also sold for $337,500 in Aug 26, 2002. 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 $8,276 in taxes each year. 12531 Martha Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $710,071. If we break it down further, the land itself was valued at $568,063. Improvements to the property, however, were assessed at a total of $142,008. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • 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: 6,900
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,183
  • Building Area: 1,183
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,183
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13668
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 13668 S 115 FT OF LOT/SEC 35

Ownership

  • Current Owner : WILSON KEN
  • Previous Owner : SILBERT ANTHONY
  • Previous Owner 2: SILBERT LEAH
  • Owner Before Previous Owner: KRONENBERG FRED
  • Owner Before Previous Owner 2: KRONENBERG JANET
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 124400

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 16-B6
  • Subdivision Tract Number: 13668
  • Parcel: 2341-016-033
  • Lot: 35
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.1733
  • Longitude: -118.406

    Address

  • Full Address: 12531 Martha St
  • Address - House Number: 12531
  • Address - Street Name: Martha
  • Address - Suffix Type: St
  • State: CA
  • City Name: Valley Village
  • Carrier Code: C007
  • 4-Digit Zip Code: 1511
  • Zip Code: 91607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,276
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 1,017,366
  • High Value: 1,239,640
  • Low Value: 795,092

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $601,900
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Mar 22, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $91,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $710,071
  • Assessed Land Value: $568,063
  • Assessed Improvements Value: $142,008

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2004
  • Current Sale Recording Date: Dec 03, 2004
  • Current Sale Transaction ID: 1001616691
  • Current Sale Price: $530,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 04-3127505
  • Previous Sale Recording Date: Oct 03, 2002
  • Previous Sale Contract Date: Aug 26, 2002
  • Previous Sale Amount: $337,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SEA BREEZE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 03, 2004
  • First Mortgage Loan Amount: $424,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2034
  • Second Mortgage Loan Amount: $106,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Oct 03, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $252,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2032

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Frequently Asked Questions

What neighborhood is 12531 Martha Street located in?
The 12531 Martha Street is a located in the neighborhood of Greater Valley Glen in South Valley, Valley Village.
What is the average sales price for listings in 12531 Martha Street?
The average sales price for units in 12531 Martha Street is $0 currently.

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