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14707 Covello Street

14707 Covello Street, Van Nuys, CA 91405
Property in Van Nuys
Sold Dec 07, 2023
$835,000
$668,000 by Emet Mortgage
Mortgage Due Jan 01, 2054
Sold Feb 03, 2012
$382,000
$305,600 by Pmac Lending Services Inc
Mortgage Due Feb 01, 2042
14707 Covello Street in Van Nuys, CA was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 14707 Covello Street has 2,248 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 6,004 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 14707 Covello Street sold most recently in Nov 6, 2023 for a total of $835,000. If you work out the math, that's approximately a cost of $371.44 per sqft. Before that, the property was also sold for $382,000 in Jan 11, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,311 in taxes each year. The initial year of tax delinquency occurred in 2018. 14707 Covello Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $613,531. If we break it down further, the land itself was valued at $418,318. Improvements to the property, however, were assessed at a total of $195,213. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1948
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,004
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,248
  • Building Area: 2,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 14549
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 14549 LOT/SEC 24

Ownership

  • Current Owner : AKOPIAN MARTIN
  • Current Owner 2: PETROSYAN MARIAM KRISTINA
  • Previous Owner : WAGNER STEVE W
  • Previous Owner 2: WAGNER ERIN K
  • Owner Before Previous Owner: WESTCLIFF REALTY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 127220

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 15-D3
  • Subdivision Tract Number: 14549
  • Parcel: 2218-002-012
  • Lot: 24
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.2078
  • Longitude: -118.453

    Address

  • Full Address: 14707 Covello St
  • Address - House Number: 14707
  • Address - Street Name: Covello
  • Address - Suffix Type: St
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C021
  • 4-Digit Zip Code: 1806
  • Zip Code: 91405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,311
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 96
  • Final Value: 863,279
  • High Value: 921,777
  • Low Value: 804,782

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $668,000
  • First Open Lien Mortgage Lender: EMET MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 07, 2023
  • First Open Lien Mortgage Loan Amount: $668,000
  • 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: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,531
  • Assessed Land Value: $418,318
  • Assessed Improvements Value: $195,213

    Sales

  • Current Sale Contract Date: Nov 06, 2023
  • Current Sale Recording Date: Dec 07, 2023
  • Current Sale Transaction ID: 11917561380
  • Current Sale Price: $835,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 849484
  • Previous Sale Recording Date: Feb 03, 2012
  • Previous Sale Contract Date: Jan 11, 2012
  • Previous Sale Amount: $382,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMET MORTGAGE
  • First Mortgage Transaction Date: Dec 07, 2023
  • First Mortgage Loan Amount: $668,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Feb 03, 2012
  • Previous Mortgage Loan Amount: $305,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2042

About South Valley



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Frequently Asked Questions

What neighborhood is 14707 Covello Street located in?
The 14707 Covello Street is a located in the neighborhood of Van Nuys in South Valley, Van Nuys.
What is the average sales price for listings in 14707 Covello Street?
The average sales price for units in 14707 Covello Street is $0 currently.

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