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38715 Cortina Way

38715 Cortina Way, Palmdale, CA 93550
Property in Los Angeles
Sold Aug 16, 2021
$460,000
$451,668 by Royal Pacific Funding Corp
Mortgage Due Sep 01, 2051
Sold Nov 10, 2003
$250,000
$225,000 by Indymac Bank Fsb
Mortgage Due Nov 01, 2033
38715 Cortina Way has been categorized by the local assessors in Palmdale, CA as a residential type of property. The building on the property was first built in 1990 and is 34 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, 38715 Cortina Way has 2,311 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 1,030 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 6,684 square feet.

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 C 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, 38715 Cortina Way sold most recently in Jul 7, 2021 for a total of $460,000. If you work out the math, that's approximately a cost of $199.05 per sqft. Before that, the property was also sold for $250,000 in Oct 10, 2003. 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 $6,953 in taxes each year. 38715 Cortina Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $469,200. If we break it down further, the land itself was valued at $197,268. Improvements to the property, however, were assessed at a total of $271,932. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,684
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,311
  • Building Area: 2,311
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,311
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 32793
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=32793 LOT 19

Ownership

  • Current Owner : JONES BRANDON SCOTT
  • Current Owner 2: FRANQUEZ JOSE JESUS
  • Previous Owner : RODRIGUEZ REYNALDO
  • Owner Before Previous Owner: GUERRERO JOHN A
  • Owner Before Previous Owner 2: GUERRERO MONICA C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Antelope Valley Union Joint High School District
  • Census Tract: 910601

Zoning

  • Zoning: LCA11*

Geography

  • Subdivision Tract Number: 32793
  • Parcel: 3021-031-019
  • Lot: 19
  • Municipality: LANCASTER /EAST PALMDALE
  • Latitude: 34.5859
  • Longitude: -118.059

    Address

  • Full Address: 38715 Cortina Way
  • Address - House Number: 38715
  • Address - Street Name: Cortina
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Palmdale
  • Carrier Code: C022
  • 4-Digit Zip Code: 8116
  • Zip Code: 93550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,953
  • Tax Rate Code Area: 13-590

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 526,149
  • High Value: 647,866
  • Low Value: 404,433

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,668
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $451,668
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,200
  • Assessed Land Value: $197,268
  • Assessed Improvements Value: $271,932

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Transaction ID: 11849499108
  • Current Sale Price: $460,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1251823
  • Previous Sale Recording Date: Nov 10, 2003
  • Previous Sale Contract Date: Oct 10, 2003
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Aug 16, 2021
  • First Mortgage Loan Amount: $451,668
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Nov 10, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2033

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Frequently Asked Questions

What neighborhood is 38715 Cortina Way located in?
The 38715 Cortina Way is a located in the neighborhood of Los Angeles in Palmdale, Palmdale.
What is the average sales price for listings in 38715 Cortina Way?
The average sales price for units in 38715 Cortina Way is $0 currently.

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