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4242 Bakman Avenue

4242 Bakman Avenue, North Hollywood, CA 91602
House in Studio City
Sold Sep 15, 2020
$1,600,000
$1,120,000 by First Republic Bank
Mortgage Due Oct 01, 2050
Sold Jan 28, 2014
$1,020,000
$816,000 by Bank Of America Na
Mortgage Due Feb 01, 2044
Local assessors in North Hollywood, CA have categorized 4242 Bakman Avenue as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 6,750 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 3 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 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4242 Bakman Avenue has a total of 2,139 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - A. The building has a gable style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 13, 2020 for $1,600,000. That's $748.01 per sqft. Prior to that sales transaction, the property was also sold in Dec 18, 2013 for $1,020,000. 4242 Bakman Avenue was last assessed in 2023. The total value of the property was assessed at $1,712,580. Specifically, the land the property is located on was valued at $1,331,712. While improvements on the property were assessed at a total of $380,868. 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 $19,405. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,139
  • Building Area: 2,139
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,139
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9216
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9216 LOT/SEC 67

Ownership

  • Current Owner : CORRAO CHRIS
  • Current Owner 2: SHAW DANIEL
  • Previous Owner : NORRIS DANIEL PHILLIP
  • Previous Owner 2: NORRIS REBECCA JANE
  • Owner Before Previous Owner: HAMPAR MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143603

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-D4
  • Subdivision Tract Number: 9216
  • Parcel: 2366-014-003
  • Lot: 67
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.1462
  • Longitude: -118.378

    Address

  • Full Address: 4242 Bakman Ave
  • Address - House Number: 4242
  • Address - Street Name: Bakman
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: North Hollywood
  • Carrier Code: C019
  • 4-Digit Zip Code: 3007
  • Zip Code: 91602

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,405
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,880,594
  • High Value: 2,302,975
  • Low Value: 1,458,213

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,265,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Sep 15, 2020
  • First Open Lien Mortgage Loan Amount: $1,120,000
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Mar 01, 2023
  • Second Open Lien Mortgage Loan Amount: $145,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 26, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,712,580
  • Assessed Land Value: $1,331,712
  • Assessed Improvements Value: $380,868

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Transaction ID: 11787511159
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1111390
  • Previous Sale Recording Date: Jan 28, 2014
  • Previous Sale Contract Date: Dec 18, 2013
  • Previous Sale Amount: $1,020,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Sep 15, 2020
  • First Mortgage Loan Amount: $1,120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jan 28, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $816,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2044

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Frequently Asked Questions

What neighborhood is 4242 Bakman Avenue located in?
The 4242 Bakman Avenue is a house located in the neighborhood of Studio City in South Valley, North Hollywood.
What is the average sales price for listings in 4242 Bakman Avenue?
The average sales price for units in 4242 Bakman Avenue is $0 currently.

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