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1301 Falling Star Avenue

1301 Falling Star Avenue, Thousand Oaks, CA 91362
Property in Thousand Oaks
Sold Nov 30, 1995
$770,000
$10,000,000 by Longbridge Financial Llc
Mortgage
Local assessors in Thousand Oaks, CA have categorized 1301 Falling Star Avenue as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 27,007 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 4 full bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1301 Falling Star Avenue has a total of 4,392 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 660 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a roof that is made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 1301 Falling Star Avenue sold most recently in Oct 4, 1995 for a total of $770,000. If you work out the math, that's approximately a cost of $175.32 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 $13,942 in taxes each year. 1301 Falling Star Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,229,485. If we break it down further, the land itself was valued at $558,856. Improvements to the property, however, were assessed at a total of $670,629. The property's total assessed value has been marked as more than the total market value 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.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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Full Bathrooms: 4
  • Building Condition: Good
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 4,392
  • Gross Building Area: 4,392
  • Building Area: 4,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTLAKE CUSTOM HOMES
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT: 2 REF: 42 PM 37

Ownership

  • Current Owner : PIERCE HAROLD D
  • Current Owner 2: PIERCE STEPHANIE D
  • Previous Owner : MCCLURE JOHN MITCHEL
  • Previous Owner 2: MCCLURE PAMELA KNIGHT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Conejo Valley Unified School District
  • Census Tract: 007402

Zoning

  • Zoning: RPD1.

Geography

  • Assessors Map Reference: 42 PM 37
  • District: 69
  • Parcel: 689-0-082-355
  • Block: 82
  • Lot: 2
  • Municipality: WESTLAKE
  • Latitude: 34.1876
  • Longitude: -118.787

    Address

  • Full Address: 1301 Falling Star Ave
  • Address - House Number: 1301
  • Address - Street Name: Falling Star
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Westlake Village
  • Carrier Code: C027
  • 4-Digit Zip Code: 5272
  • Zip Code: 91362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,942
  • Tax Rate Code Area: 08-106

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 1,907,552
  • High Value: 2,251,736
  • Low Value: 1,563,368

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,000,000
  • First Open Lien Mortgage Lender: LONGBRIDGE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Mar 22, 2022
  • First Open Lien Mortgage Loan Amount: $10,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,229,485
  • Assessed Land Value: $558,856
  • Assessed Improvements Value: $670,629

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 04, 1995
  • Current Sale Recording Date: Nov 30, 1995
  • Current Sale Transaction ID: 1058028697
  • Current Sale Price: $770,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95-148117

    Last Sale Mortgage

  • First Mortgage Lender: FREEPORT FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Nov 30, 1995
  • First Mortgage Loan Amount: $616,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 1301 Falling Star Avenue located in?
The 1301 Falling Star Avenue is a located in the neighborhood of Thousand Oaks in Thousand Oaks, Thousand Oaks.
What is the average sales price for listings in 1301 Falling Star Avenue?
The average sales price for units in 1301 Falling Star Avenue is $0 currently.

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