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24324 Lorenzo Lane

24324 Lorenzo Lane, Valencia, CA 91355
Property in Saugus
Sold Dec 03, 2004
$512,500
$382,917 by Better Mortgage Corporation
Mortgage Due Oct 01, 2051
24324 Lorenzo Lane has been categorized by the local assessors in Valencia, CA as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 24324 Lorenzo Lane has 1,936 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 173,143 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 central air conditioning at the moment. In terms of heating, it is utilizing a central 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, 24324 Lorenzo Lane sold most recently in Nov 24, 2004 for a total of $512,500. If you work out the math, that's approximately a cost of $264.72 per sqft. 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 $3,807 in taxes each year. 24324 Lorenzo Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $670,140. If we break it down further, the land itself was valued at $366,180. Improvements to the property, however, were assessed at a total of $303,960. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 173,143
  • Total Building Area: 1,936
  • Building Area: 1,936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GALLERIA AT ALTA VISTA
  • Land Acres: 3.975
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=53918 LOT 241 CONDO UNIT 78 (AIRSPACE AND 1/36 INT IN COMMON AREA)

Ownership

  • Current Owner : MCDONALD PETER J
  • Previous Owner : STANDARD PACIFIC CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Saugus Union Elementary School District
  • Census Tract: 920121

Zoning

  • Zoning: SCSP

Geography

  • Subdivision Tract Number: 53918
  • Parcel: 2810-069-098
  • Lot: 241
  • Municipality: NORTH /SANTA CLARITA
  • Latitude: 34.4428
  • Longitude: -118.569

    Address

  • Full Address: 24324 Lorenzo Ln
  • Address - House Number: 24324
  • Address - Street Name: Lorenzo
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Valencia
  • Carrier Code: R045
  • 4-Digit Zip Code: 6055
  • Zip Code: 91355

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,807
  • Tax Rate Code Area: 09-423

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 714,532
  • High Value: 863,838
  • Low Value: 565,227

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $382,917
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Loan Amount: $382,917
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $670,140
  • Assessed Land Value: $366,180
  • Assessed Improvements Value: $303,960

    Sales

  • Current Sale Contract Date: Nov 24, 2004
  • Current Sale Recording Date: Dec 03, 2004
  • Current Sale Transaction ID: 1031809969
  • Current Sale Price: $512,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 04-3130768

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BROKERS CONDUIT
  • First Mortgage Transaction Date: Dec 03, 2004
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2034

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Frequently Asked Questions

What neighborhood is 24324 Lorenzo Lane located in?
The 24324 Lorenzo Lane is a located in the neighborhood of Saugus in Saugus, Valencia.
What is the average sales price for listings in 24324 Lorenzo Lane?
The average sales price for units in 24324 Lorenzo Lane is $0 currently.

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