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40723 Oakbridge Way

40723 Oakbridge Way, Palmdale, CA 93551
Property in Los Angeles
Sold Dec 12, 2012
$255,000
$244,000 by Bay Valley Mortgage Group
Mortgage Due May 01, 2051
Sold Oct 13, 2006
$500,500
$400,100 by Indymac Bank Fsb
Mortgage Due Nov 01, 2036
40723 Oakbridge Way in Palmdale, CA was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 40723 Oakbridge Way has 3,165 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. In total, the area measurement of the land is 15,337 square feet.

Learn more about the property and building on this page. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 40723 Oakbridge Way sold most recently in Dec 4, 2012 for a total of $255,000. If you work out the math, that's approximately a cost of $80.57 per sqft. Before that, the property was also sold for $500,500 in Sep 20, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,160 in taxes each year. 40723 Oakbridge Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $712,673. If we break it down further, the land itself was valued at $142,534. Improvements to the property, however, were assessed at a total of $570,139. 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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,337
  • Total Building Area: 3,165
  • Building Area: 3,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 62695
  • Land Acres: 0.352
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=62695 LOT 4

Ownership

  • Current Owner : LEE KI Y
  • Current Owner 2: LEE YOUNG SOOK
  • Previous Owner : LOWRY ANNA MARIE
  • Owner Before Previous Owner: BEAZER HOMES HOLDINGS CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westside Union Elementary School District
  • Census Tract: 910302

Zoning

  • Zoning: PDR1

Geography

  • Subdivision Tract Number: 62695
  • Parcel: 3001-146-004
  • Lot: 4
  • Municipality: LANCASTER /WEST PALMDALE
  • Latitude: 34.6226
  • Longitude: -118.221

    Address

  • Full Address: 40723 Oakbridge Way
  • Address - House Number: 40723
  • Address - Street Name: Oakbridge
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Palmdale
  • Carrier Code: R018
  • 4-Digit Zip Code: 5764
  • Zip Code: 93551

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,160
  • Tax Rate Code Area: 09-846

    Appraisal Valuation

  • Standard Deviation: 0.2219
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 702,212
  • High Value: 858,102
  • Low Value: 546,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: BAY VALLEY MORTGAGE GROUP
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $244,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $712,673
  • Assessed Land Value: $142,534
  • Assessed Improvements Value: $570,139

    Sales

  • Current Sale Contract Date: Dec 04, 2012
  • Current Sale Recording Date: Dec 12, 2012
  • Current Sale Transaction ID: 1029415721
  • Current Sale Price: $255,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-1919680
  • Previous Sale Recording Date: Oct 13, 2006
  • Previous Sale Contract Date: Sep 20, 2006
  • Previous Sale Amount: $500,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PMAC LENDING SERVICES INC
  • First Mortgage Transaction Date: Dec 12, 2012
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Oct 13, 2006
  • Previous Mortgage Loan Amount: $400,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About Palmdale



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Frequently Asked Questions

What neighborhood is 40723 Oakbridge Way located in?
The 40723 Oakbridge Way is a located in the neighborhood of Los Angeles in Palmdale, Palmdale.
What is the average sales price for listings in 40723 Oakbridge Way?
The average sales price for units in 40723 Oakbridge Way is $0 currently.

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