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16043 Leadwell Street

16043 Leadwell Street, Van Nuys, CA 91406
Property in Lake Balboa
Sold Aug 21, 2017
$525,000
$465,000 by Mortgage Capital Partners Inc
Mortgage Due Jul 01, 2050
Sold Aug 04, 2015
$390,000
$298,127 by Envoy Mortgage Ltd
Mortgage Due Aug 01, 2046
16043 Leadwell 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 1968. 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 5 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16043 Leadwell Street has 1,472 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 520 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 7,025 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of gravel/rock. 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 C. 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. The property was last sold in Aug 14, 2017 for $525,000. That's $356.66 per sqft. Prior to that sales transaction, the property was also sold in Jun 23, 2015 for $390,000. 16043 Leadwell Street was last assessed in 2023. The total value of the property was assessed at $627,672. Specifically, the land the property is located on was valued at $459,329. While improvements on the property were assessed at a total of $168,343. 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 $7,445. 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. 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: 1948
  • Effective Year Built: 1968
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,025
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 14897
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 14897 LOT/SEC 25

Ownership

  • Current Owner : NIMA MAJD
  • Current Owner 2: NIMA FAYEZ
  • Previous Owner : MENDOZA JOSE DOMINGO
  • Owner Before Previous Owner: DOYLE TIFFANY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 127400

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 15-A3
  • Subdivision Tract Number: 14897
  • Parcel: 2206-032-014
  • Lot: 25
  • Municipality: NORTH /VAN NUYS WEST
  • Latitude: 34.2041
  • Longitude: -118.483

    Address

  • Full Address: 16043 Leadwell St
  • Address - House Number: 16043
  • Address - Street Name: Leadwell
  • Address - Suffix Type: St
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C023
  • 4-Digit Zip Code: 3033
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,445
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 928,272
  • High Value: 1,135,646
  • Low Value: 720,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $465,000
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $627,672
  • Assessed Land Value: $459,329
  • Assessed Improvements Value: $168,343

    Sales

  • Current Sale Contract Date: Aug 14, 2017
  • Current Sale Recording Date: Aug 21, 2017
  • Current Sale Transaction ID: 1732454251
  • Current Sale Price: $525,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0942482
  • Previous Sale Recording Date: Aug 04, 2015
  • Previous Sale Contract Date: Jun 23, 2015
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 21, 2017
  • First Mortgage Loan Amount: $480,768
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: ENVOY MORTGAGE LTD
  • Previous Mortgage Transaction Date: Aug 04, 2015
  • Previous Mortgage Loan Amount: $298,127
  • Previous Mortgage Term: 371
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2046

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Frequently Asked Questions

What neighborhood is 16043 Leadwell Street located in?
The 16043 Leadwell Street is a located in the neighborhood of Lake Balboa in South Valley, Van Nuys.
What is the average sales price for listings in 16043 Leadwell Street?
The average sales price for units in 16043 Leadwell Street is $0 currently.

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