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1512 Verde Ridge Lane

1512 Verde Ridge Lane, Westlake Village, CA 91361
Property in Thousand Oaks
Sold Mar 03, 2017
$1,793,000
$500,000 by First Republic Bank
Mortgage Due Apr 01, 2047
Sold May 11, 2007
$1,950,000
$1,100,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2037
1512 Verde Ridge Lane has been categorized by the local assessors in Westlake Village, CA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1512 Verde Ridge Lane has 4,318 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 11,348 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 816 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Love to swim? You'll be excited to find out that there is a pool on the property. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1512 Verde Ridge Lane was last sold in Jan 3, 2017 for $1,793,000. According to our calculations, that's $415.24 per sqft. Prior to that sales transaction, the property was sold for $1,950,000 in Apr 11, 2007. Current property owners are expected to pay $21,806 in taxes per year. The property on 1512 Verde Ridge Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,000,122. To break that down further, the land itself was valued at $1,300,135. While improvements to the property were assessed at a total of $699,987. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 816
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,348
  • Total Building Area: 4,318
  • Gross Building Area: 4,318
  • Building Area: 4,318
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,318
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.261
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Fraternity or sorority house
  • Legal Description 1: LOT: 15B REF: 111MR 17

Ownership

  • Current Owner : JOHNSON STEPHEN A
  • Current Owner 2: JOHNSON MARY JO
  • Previous Owner : HALE KEVIN T
  • Previous Owner 2: HALE PAULA R
  • Owner Before Previous Owner: CARTER WILLIAM
  • Owner Before Previous Owner 2: CARTER DIANA
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Conejo Valley Unified School District
  • Census Tract: 005906

Zoning

  • Zoning: HPD-

Geography

  • Assessors Map Reference: 111MR 17
  • District: 08
  • Subdivision Tract Number: 425100
  • Parcel: 664-0-140-085
  • Block: 140
  • Lot: 15B
  • Municipality: THOUSAND OAKS
  • Latitude: 34.1468
  • Longitude: -118.86

    Address

  • Full Address: 1512 Verde Ridge Ln
  • Address - House Number: 1512
  • Address - Street Name: Verde Ridge
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Westlake Village
  • Carrier Code: C025
  • 4-Digit Zip Code: 1546
  • Zip Code: 91361

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,806
  • Tax Rate Code Area: 08-470

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 2,246,773
  • High Value: 2,653,378
  • Low Value: 1,840,168

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Mar 03, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,000,122
  • Assessed Land Value: $1,300,135
  • Assessed Improvements Value: $699,987

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2017
  • Current Sale Recording Date: Mar 03, 2017
  • Current Sale Transaction ID: 1990445450
  • Current Sale Price: $1,793,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20170303-00030729
  • Previous Sale Recording Date: May 11, 2007
  • Previous Sale Contract Date: Apr 11, 2007
  • Previous Sale Amount: $1,950,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Mar 03, 2017
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 11, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2037

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Frequently Asked Questions

What neighborhood is 1512 Verde Ridge Lane located in?
The 1512 Verde Ridge Lane is a located in the neighborhood of Thousand Oaks in Thousand Oaks, Westlake Village.
What is the average sales price for listings in 1512 Verde Ridge Lane?
The average sales price for units in 1512 Verde Ridge Lane is $0 currently.

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