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21700 Septo Street

21700 Septo Street, Chatsworth, CA 91311
Multifamily in Chatsworth
Sold Aug 14, 2020
$26,400,000
$19,800,000 by Pgim Real Estate Finance Llc
Mortgage Due Sep 01, 2030
Sold Mar 11, 2003
Transfer
$8,362,500 by Financial Institutional Partne
Mortgage
Local assessors in Chatsworth, CA have categorized 21700 Septo Street as a residential type of property. The home was built in 1977 and is 47 years old. It was most recently renovated and altered in 1978. The property's lot size has been calculated to be 20,743 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 38 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 38 full bathrooms. There are also 38 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 21700 Septo Street has a total of 20,942 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on central air conditioning for their cooling system. The property was last sold in Jul 27, 2020 for $26,400,000. That's $1,260.62 per sqft. 21700 Septo Street was last assessed in 2023. The total value of the property was assessed at $6,866,640. Specifically, the land the property is located on was valued at $2,184,840. While improvements on the property were assessed at a total of $4,681,800. 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 $82,024. 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: 1977
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 38
  • Bathroom Count: 38
  • Full Bathrooms: 38
  • Partial Bathrooms: 38
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 25
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,743
  • Total Building Area: 20,942
  • Gross Building Area: 20,942
  • Building Area: 20,942
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 20,942
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 24473
  • Land Acres: 0.476
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: TRACT NO 24473 LOT/SEC 6

Ownership

  • Current Owner : CHATSWORTH 101 LLC
  • Previous Owner : J E M S CORP
  • Owner Before Previous Owner: IEC DEVELOPMENT CORP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 113213

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 6-C4
  • Subdivision Tract Number: 24473
  • Parcel: 2747-021-027
  • Lot: 6
  • Municipality: NORTH /NORTHRDG RES INC
  • Latitude: 34.2508
  • Longitude: -118.602

    Address

  • Full Address: 21700 Septo St
  • Address - House Number: 21700
  • Address - Street Name: Septo
  • Address - Suffix Type: St
  • State: CA
  • City Name: Chatsworth
  • Carrier Code: C024
  • 4-Digit Zip Code: 3701
  • Zip Code: 91311

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $82,024
  • Tax Rate Code Area: 00-016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $19,800,000
  • First Open Lien Mortgage Lender: PGIM REAL ESTATE FINANCE LLC
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $19,800,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,866,640
  • Assessed Land Value: $2,184,840
  • Assessed Improvements Value: $4,681,800

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11781418547
  • Current Sale Price: $26,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0948341
  • Previous Sale Recording Date: Mar 11, 2003
  • Previous Sale Contract Date: Dec 19, 2002
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PGIM REAL ESTATE FINANCE LLC
  • First Mortgage Transaction Date: Aug 14, 2020
  • First Mortgage Loan Amount: $19,800,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL INSTITUTIONAL PARTNE
  • Previous Mortgage Transaction Date: Mar 11, 2003
  • Previous Mortgage Loan Amount: $8,362,500
  • Previous Mortgage Loan Type: Commercial

About North Valley



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Frequently Asked Questions

What neighborhood is 21700 Septo Street located in?
The 21700 Septo Street is a multifamily located in the neighborhood of Chatsworth in North Valley, Chatsworth.
What is the average sales price for listings in 21700 Septo Street?
The average sales price for units in 21700 Septo Street is $28,000,000 , or $334/sqft. currently.

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