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13224 Margate Street

13224 Margate Street, Van Nuys, CA 91401
Property in Sherman Oaks
Sold Jul 13, 2007
$812,500
$492,000 by Tiaa Fsb Holdings Inc
Mortgage Due Sep 01, 2048
Sold Mar 10, 2004
$664,000
$531,200 by United Pacific Mortgage
Mortgage Due Apr 01, 2034
Local assessors in Van Nuys, CA have categorized 13224 Margate Street as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 7,759 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 570 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 13224 Margate Street has a total of 1,531 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The building has a gable style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 13224 Margate Street was last sold in Jun 22, 2007 for $812,500. According to our calculations, that's $530.70 per sqft. Prior to that sales transaction, the property was sold for $664,000 in Feb 11, 2004. Current property owners are expected to pay $11,969 in taxes per year. The property on 13224 Margate Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,025,778. To break that down further, the land itself was valued at $820,627. While improvements to the property were assessed at a total of $205,151. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,759
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,531
  • Building Area: 1,531
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,531
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16893
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16893 LOT/SEC 13

Ownership

  • Current Owner : COATS PAMELA
  • Previous Owner : SUMMERS JAMES
  • Previous Owner 2: SUMMERS TINA
  • Owner Before Previous Owner: ROLPH KIMBERLY LYNN
  • Owner Before Previous Owner 2: ROLPH WALTER A
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 124700

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-A1
  • Subdivision Tract Number: 16893
  • Parcel: 2345-023-012
  • Lot: 13
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.1673
  • Longitude: -118.421

    Address

  • Full Address: 13224 Margate St
  • Address - House Number: 13224
  • Address - Street Name: Margate
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C045
  • 4-Digit Zip Code: 6026
  • Zip Code: 91401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,969
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 1,422,125
  • High Value: 1,710,497
  • Low Value: 1,133,754

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $955,500
  • First Open Lien Mortgage Lender: TIAA FSB HOLDINGS INC
  • First Open Lien Mortgage Recording Date: Aug 30, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $492,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048
  • Second Open Lien Mortgage Lender: MY MOVE MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: May 19, 2020
  • Second Open Lien Mortgage Loan Amount: $463,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,025,778
  • Assessed Land Value: $820,627
  • Assessed Improvements Value: $205,151

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2007
  • Current Sale Recording Date: Jul 13, 2007
  • Current Sale Transaction ID: 1001634415
  • Current Sale Price: $812,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1663820
  • Previous Sale Recording Date: Mar 10, 2004
  • Previous Sale Contract Date: Feb 11, 2004
  • Previous Sale Amount: $664,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGEIT INC
  • First Mortgage Transaction Date: Jul 13, 2007
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Negative Amortization
  • First Mortgage Loan Due Date: Aug 01, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNITED PACIFIC MORTGAGE
  • Previous Mortgage Transaction Date: Mar 10, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $531,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2034

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Frequently Asked Questions

What neighborhood is 13224 Margate Street located in?
The 13224 Margate Street is a located in the neighborhood of Sherman Oaks in South Valley, Van Nuys.
What is the average sales price for listings in 13224 Margate Street?
The average sales price for units in 13224 Margate Street is $0 currently.

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