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20737 Verne Avenue

20737 Verne Avenue, Lakewood, CA 90715
Property in Imperial Estates
Sold Nov 18, 2021
$650,000
$520,000 by Mortgage 2000 Inc
Mortgage Due Dec 01, 2051
Sold Aug 13, 1997
$139,500
Va
Seller
$137,500 by Veterans Admin
Mortgage
20737 Verne Avenue has been categorized by the local assessors in Lakewood, CA as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 20737 Verne Avenue has 1,102 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 1,020 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,108 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. According to our sources, there is one available parking space. 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 floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 20737 Verne Avenue sold most recently in Nov 17, 2021 for a total of $650,000. If you work out the math, that's approximately a cost of $589.84 per sqft. Before that, the property was also sold for $139,500 in Jul 30, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,790 in taxes each year. 20737 Verne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $663,000. If we break it down further, the land itself was valued at $530,400. Improvements to the property, however, were assessed at a total of $132,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,108
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,102
  • Building Area: 1,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,102
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 23096
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 23096 LOT/SEC 41

Ownership

  • Current Owner : THOMSON ROBERT
  • Current Owner 2: THOMSON KIMBERLY
  • Previous Owner : HEREDIA PAUL
  • Previous Owner 2: HEREDIA IRENE
  • Owner Before Previous Owner: VA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: ABC Unified School District
  • Census Tract: 555107

Zoning

  • Zoning: LKR1YY

Geography

  • Assessors Map Reference: 81-B3
  • Subdivision Tract Number: 23096
  • Parcel: 7057-015-017
  • Lot: 41
  • Municipality: SOUTH /EAST LAKEWOOD
  • Latitude: 33.8412
  • Longitude: -118.067

    Address

  • Full Address: 20737 Verne Ave
  • Address - House Number: 20737
  • Address - Street Name: Verne
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Lakewood
  • Carrier Code: C059
  • 4-Digit Zip Code: 1632
  • Zip Code: 90715

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,790
  • Tax Rate Code Area: 02-467

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 792,816
  • High Value: 967,222
  • Low Value: 618,411

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: MORTGAGE 2000 INC
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Loan Amount: $520,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663,000
  • Assessed Land Value: $530,400
  • Assessed Improvements Value: $132,600

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11868253683
  • Current Sale Price: $650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1715057
  • Previous Sale Recording Date: Aug 13, 1997
  • Previous Sale Contract Date: Jul 30, 1997
  • Previous Sale Amount: $139,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE 2000 INC
  • First Mortgage Transaction Date: Nov 18, 2021
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: VETERANS ADMIN
  • Previous Mortgage Transaction Date: Aug 13, 1997
  • Previous Mortgage Loan Amount: $137,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Imperial Estates



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Frequently Asked Questions

What neighborhood is 20737 Verne Avenue located in?
The 20737 Verne Avenue is a located in the neighborhood of Imperial Estates in Imperial Estates, Lakewood.
What is the average sales price for listings in 20737 Verne Avenue?
The average sales price for units in 20737 Verne Avenue is $0 currently.

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