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1529 Park Somerset Drive

1529 Park Somerset Drive, Lancaster, CA 93534
Property in Los Angeles
Sold Dec 04, 2009
$155,000
$108,430 by Prospect Mortgage Llc
Mortgage Due Dec 01, 2039
Sold Sep 17, 2009
$131,750
1529 Park Somerset Drive has been categorized by the local assessors in Lancaster, CA as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 1529 Park Somerset Drive has 2,185 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 9,884 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 C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Oct 28, 2009 for $155,000. That's $70.94 per sqft. Prior to that sales transaction, the property was also sold in Sep 15, 2009 for $131,750. 1529 Park Somerset Drive was last assessed in 2023. The total value of the property was assessed at $192,171. Specifically, the land the property is located on was valued at $38,457. While improvements on the property were assessed at a total of $153,714. 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 $3,501. 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. 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,884
  • Total Building Area: 2,185
  • Building Area: 2,185
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,185
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 42950
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=42950 LOT 48

Ownership

  • Current Owner : TORRES BARBARA
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Owner Before Previous Owner: HAUSER LYLE ANDREW
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Antelope Valley Union Joint High School District
  • Census Tract: 900705

Zoning

  • Zoning: LRRPD70006

Geography

  • Assessors Map Reference: 159-J8
  • Subdivision Tract Number: 42950
  • Parcel: 3125-022-093
  • Lot: 48
  • Municipality: LANCASTER /S.W. LANCASTER
  • Latitude: 34.6642
  • Longitude: -118.158

    Address

  • Full Address: 1529 Park Somerset St
  • Address - House Number: 1529
  • Address - Street Name: Park Somerset
  • Address - Suffix Type: St
  • State: CA
  • City Name: Lancaster
  • Carrier Code: C043
  • 4-Digit Zip Code: 6268
  • Zip Code: 93534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,501
  • Tax Rate Code Area: 06-257

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 547,448
  • High Value: 677,777
  • Low Value: 417,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,430
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 04, 2009
  • First Open Lien Mortgage Loan Amount: $108,430
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,171
  • Assessed Land Value: $38,457
  • Assessed Improvements Value: $153,714

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2009
  • Current Sale Recording Date: Dec 04, 2009
  • Current Sale Transaction ID: 1033706958
  • Current Sale Price: $155,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 09-1836439
  • Previous Sale Recording Date: Sep 17, 2009
  • Previous Sale Contract Date: Sep 15, 2009
  • Previous Sale Amount: $131,750
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 04, 2009
  • First Mortgage Loan Amount: $108,430
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2039

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Frequently Asked Questions

What neighborhood is 1529 Park Somerset Drive located in?
The 1529 Park Somerset Drive is a located in the neighborhood of Los Angeles in Lancaster, Lancaster.
What is the average sales price for listings in 1529 Park Somerset Drive?
The average sales price for units in 1529 Park Somerset Drive is $0 currently.

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