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462 Cremona Way

462 Cremona Way, Oak Park, CA 91377
Property in Ventura
Sold Aug 16, 2018
$940,000
$752,000 by San Diego County Cu
Mortgage Due Sep 01, 2048
Sold Apr 30, 2014
$825,000
$570,500 by Citibank Na
Mortgage Due May 01, 2044
462 Cremona Way has been categorized by the local assessors in Oak Park, CA as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 462 Cremona Way has 2,358 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,603 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 622 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. There is a single fireplace in the home. Perfect for those wintery 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, 462 Cremona Way sold most recently in Aug 14, 2018 for a total of $940,000. If you work out the math, that's approximately a cost of $398.64 per sqft. Before that, the property was also sold for $825,000 in Mar 4, 2014. 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 $12,664 in taxes each year. 462 Cremona Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,007,868. If we break it down further, the land itself was valued at $655,115. Improvements to the property, however, were assessed at a total of $352,753. The property's total assessed value has been marked as more than the total market value 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.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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 622
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,603
  • Total Building Area: 2,358
  • Gross Building Area: 2,358
  • Building Area: 2,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTE CARLO
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Fraternity or sorority house
  • Legal Description 1: TRACT: 440300 LOT: 116 REF: 119MR 30

Ownership

  • Current Owner : KOO SEONJOON
  • Current Owner 2: KOO HYON K
  • Previous Owner : GALE JARED R
  • Previous Owner 2: GALE ALISHA M
  • Owner Before Previous Owner: LEVINE SCOTT
  • Owner Before Previous Owner 2: LEVINE MASHAYLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Park Unified School District
  • Census Tract: 007403

Zoning

  • Zoning: RPD-2.9

Geography

  • Assessors Map Reference: 119MR 30
  • District: 84
  • Subdivision Tract Number: 440300
  • Parcel: 685-0-362-015
  • Block: 362
  • Lot: 116
  • Municipality: OAK PARK
  • Latitude: 34.177
  • Longitude: -118.779

    Address

  • Full Address: 462 Cremona Way
  • Address - House Number: 462
  • Address - Street Name: Cremona
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Oak Park
  • Carrier Code: C030
  • 4-Digit Zip Code: 4834
  • Zip Code: 91377

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,664
  • Tax Rate Code Area: 74-002

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 77
  • Final Value: 1,271,413
  • High Value: 1,492,794
  • Low Value: 1,050,032

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $952,000
  • First Open Lien Mortgage Lender: SAN DIEGO COUNTY CU
  • First Open Lien Mortgage Recording Date: Aug 16, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $752,000
  • 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: Sep 01, 2048
  • Second Open Lien Mortgage Lender: ALLIANT CU
  • Second Open Lien Mortgage Recording Date: Mar 05, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,007,868
  • Assessed Land Value: $655,115
  • Assessed Improvements Value: $352,753

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2018
  • Current Sale Recording Date: Aug 16, 2018
  • Current Sale Transaction ID: 11498503608
  • Current Sale Price: $940,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20180816-00093697
  • Previous Sale Recording Date: Apr 30, 2014
  • Previous Sale Contract Date: Mar 04, 2014
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SAN DIEGO COUNTY CU
  • First Mortgage Transaction Date: Aug 16, 2018
  • First Mortgage Loan Amount: $752,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Apr 30, 2014
  • Previous Mortgage Loan Amount: $570,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

About Oak Park



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Frequently Asked Questions

What neighborhood is 462 Cremona Way located in?
The 462 Cremona Way is a located in the neighborhood of Ventura in Oak Park, Oak Park.
What is the average sales price for listings in 462 Cremona Way?
The average sales price for units in 462 Cremona Way is $0 currently.

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