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14612 Mccormick Street

14612 Mccormick Street, Van Nuys, CA 91411
Property in Sherman Oaks
Sold Apr 28, 2017
$1,225,000
$600,000 by Loandepot.com Llc
Mortgage Due Jan 01, 2041
Sold Apr 28, 2015
$3,100,000
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14612 Mccormick Street has been categorized by the local assessors in Van Nuys, CA as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 4 bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. In addition, 14612 Mccormick Street has 3,185 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,966 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 A- by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 14612 Mccormick Street sold most recently in Feb 10, 2017 for a total of $1,225,000. If you work out the math, that's approximately a cost of $384.62 per sqft. Before that, the property was also sold for $3,100,000 in Apr 28, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $15,919 in taxes each year. 14612 Mccormick Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,339,713. If we break it down further, the land itself was valued at $679,918. Improvements to the property, however, were assessed at a total of $659,795. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A-
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,966
  • Total Building Area: 3,185
  • Building Area: 3,185
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,185
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=72029-01 LOT 5

Ownership

  • Current Owner : KIRKIS BRIAN P
  • Current Owner 2: HALLBOURG ERIKA
  • Previous Owner : THE NEW HOME COMPANY SOUTHERN CALIFORNIA
  • Owner Before Previous Owner: IMT CAPITAL II MAGNOLIA II LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 128802

Zoning

  • Zoning: LAR1

Geography

  • Subdivision Tract Number: 72029-01
  • Parcel: 2249-007-019
  • Lot: 5
  • Municipality: NORTH /V NUYS/SHEROAKS
  • Latitude: 34.1655
  • Longitude: -118.451

    Address

  • Full Address: 14612 Mccormick St
  • Address - House Number: 14612
  • Address - Street Name: Mccormick
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C035
  • 4-Digit Zip Code: 4028
  • Zip Code: 91411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,919
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 70
  • Final Value: 2,076,501
  • High Value: 2,522,891
  • Low Value: 1,630,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jan 11, 2021
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2041

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,339,713
  • Assessed Land Value: $679,918
  • Assessed Improvements Value: $659,795

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 10, 2017
  • Current Sale Recording Date: Apr 28, 2017
  • Current Sale Transaction ID: 1811194605
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0474618
  • Previous Sale Recording Date: Apr 28, 2015
  • Previous Sale Contract Date: Apr 28, 2015
  • Previous Sale Amount: $3,100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 28, 2017
  • First Mortgage Loan Amount: $636,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

About South Valley



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Frequently Asked Questions

What neighborhood is 14612 Mccormick Street located in?
The 14612 Mccormick Street is a located in the neighborhood of Sherman Oaks in South Valley, Van Nuys.
What is the average sales price for listings in 14612 Mccormick Street?
The average sales price for units in 14612 Mccormick Street is $0 currently.

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