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17148 Lorne Street

17148 Lorne Street, Van Nuys, CA 91406
Property in Lake Balboa
Sold Feb 23, 2024
$870,000
$696,000 by Schoolsfirst Fcu
Mortgage Due Mar 01, 2054
17148 Lorne Street has been categorized by the local assessors in Van Nuys, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 17148 Lorne Street has 1,246 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,130 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 6,002 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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 B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. The property was last sold in Dec 27, 2023 for $870,000. That's $698.23 per sqft. 17148 Lorne Street was last assessed in 2023. The total value of the property was assessed at $199,790. Specifically, the land the property is located on was valued at $79,221. While improvements on the property were assessed at a total of $120,569. 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 $2,463. 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.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • 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
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,002
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,246
  • Building Area: 1,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,246
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16595
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16595 LOT/SEC 95

Ownership

  • Current Owner : ARCEGA MARVIN
  • Current Owner 2: EVANGELISTA MELANIE
  • Previous Owner : 2022 EVAN KEITH NOVICK LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 131100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-E2
  • Subdivision Tract Number: 16595
  • Parcel: 2204-007-010
  • Lot: 95
  • Municipality: NORTH /EAST RESEDA
  • Latitude: 34.217
  • Longitude: -118.507

    Address

  • Full Address: 17148 Lorne St
  • Address - House Number: 17148
  • Address - Street Name: Lorne
  • Address - Suffix Type: St
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C018
  • 4-Digit Zip Code: 1047
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,463
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 96
  • Final Value: 844,892
  • High Value: 902,144
  • Low Value: 787,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $696,000
  • First Open Lien Mortgage Lender: SCHOOLSFIRST FCU
  • First Open Lien Mortgage Recording Date: Feb 23, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $696,000
  • 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: Mar 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,790
  • Assessed Land Value: $79,221
  • Assessed Improvements Value: $120,569

    Sales

  • Current Sale Contract Date: Dec 27, 2023
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Transaction ID: 11921344184
  • Current Sale Price: $870,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 118692

    Last Sale Mortgage

  • First Mortgage Lender: SCHOOLSFIRST FCU
  • First Mortgage Transaction Date: Feb 23, 2024
  • First Mortgage Loan Amount: $696,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 17148 Lorne Street located in?
The 17148 Lorne Street is a located in the neighborhood of Lake Balboa in South Valley, Van Nuys.
What is the average sales price for listings in 17148 Lorne Street?
The average sales price for units in 17148 Lorne Street is $0 currently.

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