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4322 Grimes Place

4322 Grimes Place, Encino, CA 91316
House in Encino
Sold Sep 23, 2020
$2,447,500
$1,920,000 by Citibank Na
Mortgage Due May 01, 2052
Sold May 11, 2020
$1,425,000
$930,000 by Puerto Loreto Llc
Mortgage
4322 Grimes Place in Encino, CA was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 14 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 4322 Grimes Place has 3,487 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 1,190 ft and the linear feet between the front and back of the lot is 1,430. In total, the area measurement of the land is 17,016 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 hip style roof made of wood shake/ shingles. 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 D. The condition of the building has been evaluated as good. 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 central 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4322 Grimes Place was last sold in Aug 18, 2020 for $2,447,500. According to our calculations, that's $701.89 per sqft. Prior to that sales transaction, the property was sold for $1,425,000 in Mar 4, 2020. Current property owners are expected to pay $29,762 in taxes per year. The property on 4322 Grimes Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,546,170. To break that down further, the land itself was valued at $1,604,504. While improvements to the property were assessed at a total of $941,666. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,016
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 3,487
  • Building Area: 3,487
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,487
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 27363
  • Land Acres: 0.391
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 27363 LOT/SEC 98

Ownership

  • Current Owner : TANNER JEFFREY
  • Current Owner 2: SCOTT VICTORIA
  • Previous Owner : GRIMES LLC
  • Owner Before Previous Owner: KARAMBELLAS KAROL ANN
  • Owner Before Previous Owner 2: PERLSTEIN RICHARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139703

Zoning

  • Zoning: LARA

Geography

  • Assessors Map Reference: 21-D4
  • Subdivision Tract Number: 27363
  • Parcel: 2184-033-020
  • Lot: 98
  • Municipality: NORTH /ENCINO
  • Latitude: 34.1495
  • Longitude: -118.526

    Address

  • Full Address: 4322 Grimes Pl
  • Address - House Number: 4322
  • Address - Street Name: Grimes
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Encino
  • Carrier Code: C011
  • 4-Digit Zip Code: 4360
  • Zip Code: 91316

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,762
  • Tax Rate Code Area: 00-037

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,690,398
  • High Value: 3,302,030
  • Low Value: 2,078,765

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,920,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Apr 08, 2022
  • First Open Lien Mortgage Loan Amount: $1,920,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,546,170
  • Assessed Land Value: $1,604,504
  • Assessed Improvements Value: $941,666

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Transaction ID: 11788138349
  • Current Sale Price: $2,447,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1158190
  • Previous Sale Recording Date: May 11, 2020
  • Previous Sale Contract Date: Mar 04, 2020
  • Previous Sale Amount: $1,425,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOSTON PRIVATE BANK & TRUST CO
  • First Mortgage Transaction Date: Sep 23, 2020
  • First Mortgage Loan Amount: $1,957,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PUERTO LORETO LLC
  • Previous Mortgage Transaction Date: May 11, 2020
  • Previous Mortgage Loan Amount: $930,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 4322 Grimes Place located in?
The 4322 Grimes Place is a house located in the neighborhood of Encino in South Valley, Encino.
What is the average sales price for listings in 4322 Grimes Place?
The average sales price for units in 4322 Grimes Place is $0 currently.

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