14043 Sherman Way

Local assessors in Van Nuys, CA have categorized 14043 Sherman Way as a commercial type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 10,923 square feet. 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 14043 Sherman Way has a total of 2,500 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. 14043 Sherman Way is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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. Residents rely on no air conditioning for their cooling system. 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, 14043 Sherman Way was last sold in Feb 21, 2019 for $2,900,000. According to our calculations, that's $1,160.00 per sqft. Prior to that sales transaction, the property was sold for $1,910,000 in Jul 2, 2018. Current property owners are expected to pay $23,789 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 14043 Sherman Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,015,737. To break that down further, the land itself was valued at $1,962,128. While improvements to the property were assessed at a total of $53,609. 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!