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17023 Otsego Street

17023 Otsego Street, Encino, CA 91316
House in Encino
Sold Jan 22, 2020
$3,759,000
$2,904,000 by Citibank Na
Mortgage Due Jan 01, 2052
Sold Jun 29, 2017
$1,535,000
$962,500 by Bank Of The Sierra
Mortgage
17023 Otsego Street has been categorized by the local assessors in Encino, CA as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 5 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. In addition, 17023 Otsego Street has 6,159 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 13,199 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 A by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Nov 21, 2019 for $3,759,000. That's $610.33 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2017 for $1,535,000. 17023 Otsego Street was last assessed in 2022. The total value of the property was assessed at $3,873,797. Specifically, the land the property is located on was valued at $1,642,414. While improvements on the property were assessed at a total of $2,231,383. 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 $45,796. The initial tax year of delinquency was in 2019. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: A
  • Construction Type: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,199
  • Total Building Area: 6,159
  • Building Area: 6,159
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 6,159
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENCINO TRACT
  • Land Acres: 0.303
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ENCINO TRACT W 100 FT OF LOTS 19 AND 20 BLK H

Ownership

  • Current Owner : KO AMY H
  • Current Owner 2: GAVINET ANDRES R
  • Previous Owner : 5801 S CENTRAL AVE LLC
  • Owner Before Previous Owner: ROSENTHAL ROBERTA M
  • Owner Before Previous Owner 2: ROSENTHAL LESLIE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139600

Zoning

  • Zoning: LARE9

Geography

  • Subdivision Tract Number: W
  • Parcel: 2258-023-039
  • Block: H
  • Lot: 19,20
  • Municipality: NORTH /NORTH ENCINO
  • Latitude: 34.1633
  • Longitude: -118.504

    Address

  • Full Address: 17023 Otsego St
  • Address - House Number: 17023
  • Address - Street Name: Otsego
  • Address - Suffix Type: St
  • State: CA
  • City Name: Encino
  • Carrier Code: C029
  • 4-Digit Zip Code: 3457
  • Zip Code: 91316

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $45,796
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 69
  • Final Value: 3,371,668
  • High Value: 4,115,249
  • Low Value: 2,628,086

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,904,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $2,904,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,873,797
  • Assessed Land Value: $1,642,414
  • Assessed Improvements Value: $2,231,383

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Transaction ID: 11719722628
  • Current Sale Price: $3,759,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0083576
  • Previous Sale Recording Date: Jun 29, 2017
  • Previous Sale Contract Date: Jun 06, 2017
  • Previous Sale Amount: $1,535,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jan 22, 2020
  • First Mortgage Loan Amount: $2,999,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE SIERRA
  • Previous Mortgage Transaction Date: Jun 29, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $962,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South Valley



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Frequently Asked Questions

What neighborhood is 17023 Otsego Street located in?
The 17023 Otsego Street is a house located in the neighborhood of Encino in South Valley, Encino.
What is the average sales price for listings in 17023 Otsego Street?
The average sales price for units in 17023 Otsego Street is $0 currently.

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