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14700 Sherman Way

14700 Sherman Way, Van Nuys, CA 91405
Property in Van Nuys
Sold Nov 28, 2018
$650,000
$577,600 by Loandepot.com Llc
Mortgage Due Sep 01, 2050
Sold Mar 29, 2017
$10,900,000
Local assessors in Van Nuys, CA have categorized 14700 Sherman Way as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 2,514 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 14700 Sherman Way has a total of 2,100 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. 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 - A. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Oct 8, 2018 for $650,000. That's $309.52 per sqft. Prior to that sales transaction, the property was also sold in Mar 24, 2017 for $10,900,000. 14700 Sherman Way was last assessed in 2022. The total value of the property was assessed at $683,264. Specifically, the land the property is located on was valued at $273,305. While improvements on the property were assessed at a total of $409,959. 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 $8,222. 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. 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,514
  • Total Building Area: 2,100
  • Building Area: 2,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.058
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=73820 LOT 1

Ownership

  • Current Owner : PARK DANIEL
  • Current Owner 2: PARK SUSIE LEE
  • Previous Owner : KB HOME CALIFONIA LLC
  • Owner Before Previous Owner: VN SHERMAN WAY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 127803

Geography

  • Subdivision Tract Number: 73820
  • Parcel: 2219-027-001
  • Lot: 1
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.2009
  • Longitude: -118.453

    Address

  • Full Address: 14700 Sherman Way
  • Address - House Number: 14700
  • Address - Street Name: Sherman
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C020
  • 4-Digit Zip Code: 2214
  • Zip Code: 91405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,222
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 71
  • Final Value: 1,044,135
  • High Value: 1,264,392
  • Low Value: 823,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $577,600
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $577,600
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $683,264
  • Assessed Land Value: $273,305
  • Assessed Improvements Value: $409,959

    Sales

  • Current Sale Contract Date: Oct 08, 2018
  • Current Sale Recording Date: Nov 28, 2018
  • Current Sale Transaction ID: 11535775013
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18-1195815
  • Previous Sale Recording Date: Mar 29, 2017
  • Previous Sale Contract Date: Mar 24, 2017
  • Previous Sale Amount: $10,900,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JG WENTWORTH HOME LENDING INC
  • First Mortgage Transaction Date: Nov 28, 2018
  • First Mortgage Loan Amount: $584,900
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

About South Valley



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Frequently Asked Questions

What neighborhood is 14700 Sherman Way located in?
The 14700 Sherman Way is a located in the neighborhood of Van Nuys in South Valley, Van Nuys.
What is the average sales price for listings in 14700 Sherman Way?
The average sales price for units in 14700 Sherman Way is $0 currently.

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