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3500 Loadstone Drive

3500 Loadstone Drive, Sherman Oaks, CA 91403
Property in Sherman Oaks
Sold Jan 06, 2016
$1,270,000
$418,000 by Bank Of America Na
Mortgage Due Jan 01, 2046
3500 Loadstone Drive in Sherman Oaks, CA was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 12 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 3500 Loadstone Drive has 2,916 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,010 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 13,624 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of gravel/rock. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3500 Loadstone Drive sold most recently in Dec 14, 2015 for a total of $1,270,000. If you work out the math, that's approximately a cost of $435.53 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 $18,920 in taxes each year. 3500 Loadstone Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,600,427. If we break it down further, the land itself was valued at $1,156,031. Improvements to the property, however, were assessed at a total of $444,396. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1961
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,624
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 2,916
  • Building Area: 2,916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 21963
  • Land Acres: 0.313
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 21963 LOT/SEC 22

Ownership

  • Current Owner : LIU JASON
  • Current Owner 2: LEE KARA
  • Previous Owner : BOCHIS IOAN
  • Previous Owner 2: THE BOCHIS 2003 REVOCABLE TRUS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 141600

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 22-C5
  • Subdivision Tract Number: 21963
  • Parcel: 2278-016-011
  • Lot: 22
  • Municipality: NORTH /SHERMAN OAKS
  • Latitude: 34.1347
  • Longitude: -118.461

    Address

  • Full Address: 3500 Loadstone Dr
  • Address - House Number: 3500
  • Address - Street Name: Loadstone
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C028
  • 4-Digit Zip Code: 4559
  • Zip Code: 91403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,920
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.224
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,252,692
  • High Value: 2,757,420
  • Low Value: 1,747,964

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,066,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 06, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $418,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2046
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: May 17, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $648,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,600,427
  • Assessed Land Value: $1,156,031
  • Assessed Improvements Value: $444,396

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2015
  • Current Sale Recording Date: Jan 06, 2016
  • Current Sale Transaction ID: 1392739476
  • Current Sale Price: $1,270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0014388

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 06, 2016
  • First Mortgage Loan Amount: $418,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South Valley



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Frequently Asked Questions

What neighborhood is 3500 Loadstone Drive located in?
The 3500 Loadstone Drive is a located in the neighborhood of Sherman Oaks in South Valley, Sherman Oaks.
What is the average sales price for listings in 3500 Loadstone Drive?
The average sales price for units in 3500 Loadstone Drive is $0 currently.

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