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14024 Addison Street

14024 Addison Street, Sherman Oaks, CA 91423
Property in Sherman Oaks
Sold Oct 26, 2018
$762,500
$262,500 by Mega Capital Funding Inc
Mortgage Due Nov 01, 2048
14024 Addison Street has been categorized by the local assessors in Sherman Oaks, CA as a residential type of property. The building on the property was first built in 1948 and is 76 years old. However, we must point out that the home was most recently renovated and altered in 1950. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 14024 Addison Street has 1,754 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,010 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,060 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Oct 12, 2018 for $762,500. That's $434.72 per sqft. 14024 Addison Street was last assessed in 2023. The total value of the property was assessed at $937,509. Specifically, the land the property is located on was valued at $654,041. While improvements on the property were assessed at a total of $283,468. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,990. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1950
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 4
  • 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: 6,060
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,754
  • Building Area: 1,754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,754
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13792
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 13792 LOT/SEC 125

Ownership

  • Current Owner : LEE SUNG JAE
  • Current Owner 2: TANG TRUC THANH
  • Previous Owner : SANDERSON ROBERT

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 128704

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 22-E2
  • Subdivision Tract Number: 13792
  • Parcel: 2269-013-032
  • Lot: 125
  • Municipality: NORTH /V NUYS/SHEROAKS
  • Latitude: 34.1611
  • Longitude: -118.439

    Address

  • Full Address: 14024 Addison St
  • Address - House Number: 14024
  • Address - Street Name: Addison
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C038
  • 4-Digit Zip Code: 1216
  • Zip Code: 91423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,990
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,416,280
  • High Value: 1,732,674
  • Low Value: 1,099,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,500
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Oct 26, 2018
  • First Open Lien Mortgage Loan Amount: $262,500
  • 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, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $937,509
  • Assessed Land Value: $654,041
  • Assessed Improvements Value: $283,468

    Sales

  • Current Sale Contract Date: Oct 12, 2018
  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Transaction ID: 11528123927
  • Current Sale Price: $762,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1090988

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Mortgage Transaction Date: Oct 26, 2018
  • First Mortgage Loan Amount: $262,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About South Valley



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Frequently Asked Questions

What neighborhood is 14024 Addison Street located in?
The 14024 Addison Street is a located in the neighborhood of Sherman Oaks in South Valley, Sherman Oaks.
What is the average sales price for listings in 14024 Addison Street?
The average sales price for units in 14024 Addison Street is $0 currently.

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