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5003 West Avenue

5003 West Avenue, Lancaster, CA 93536
House in Los Angeles
Sold Mar 22, 2023
$505,000
$516,615 by Cmg Mortgage, Inc.
Mortgage Due Apr 01, 2053
Sold Apr 23, 2021
$445,000
$435,000 by United Wholesale Mortgage
Mortgage Due May 01, 2051
Local assessors in Lancaster, CA have categorized 5003 West Avenue as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 10,066 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 780 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5003 West Avenue has a total of 1,868 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. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5003 West Avenue was last sold in Feb 23, 2023 for $505,000. According to our calculations, that's $270.34 per sqft. Prior to that sales transaction, the property was sold for $445,000 in Mar 24, 2021. Current property owners are expected to pay $6,307 in taxes per year. The property on 5003 West Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $466,099. To break that down further, the land itself was valued at $174,371. While improvements to the property were assessed at a total of $291,728. 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.

Building Features

Exterior

Brick Exterior
Concrete Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,066
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,868
  • Building Area: 1,868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 40294
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=40294 LOT/SEC 8

Ownership

  • Current Owner : CRAFTON WILLIAM
  • Previous Owner : SANTIAGO FRANK RIAN
  • Previous Owner 2: SANTIAGO STEPHANIE ROXANA
  • Owner Before Previous Owner: COLLINS JAMES
  • Owner Before Previous Owner 2: COLLINS ROBIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Westside Union Elementary School District
  • Census Tract: 901101

Zoning

  • Zoning: LCR17500*

Geography

  • Assessors Map Reference: 159-D9
  • Subdivision Tract Number: 40294
  • Parcel: 3102-025-066
  • Lot: 8
  • Municipality: LANCASTER /QUARTZ HILL
  • Latitude: 34.6578
  • Longitude: -118.219

    Address

  • Full Address: 5003 W Avenue L3
  • Address - House Number: 5003
  • Street Direction: W
  • Address - Street Name: Avenue L3
  • State: CA
  • City Name: Lancaster
  • Carrier Code: C065
  • 4-Digit Zip Code: 4373
  • Zip Code: 93536

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,307
  • Tax Rate Code Area: 09-569

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 519,125
  • High Value: 643,362
  • Low Value: 394,888

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $516,615
  • First Open Lien Mortgage Lender: CMG MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Mar 22, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $516,615
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,099
  • Assessed Land Value: $174,371
  • Assessed Improvements Value: $291,728

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Mar 22, 2023
  • Current Sale Transaction ID: 11903964369
  • Current Sale Price: $505,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 182132
  • Previous Sale Recording Date: Apr 23, 2021
  • Previous Sale Contract Date: Mar 24, 2021
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE, INC.
  • First Mortgage Transaction Date: Mar 22, 2023
  • First Mortgage Loan Amount: $516,615
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Apr 23, 2021
  • Previous Mortgage Loan Amount: $435,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2051

About Quartz Hill



Similar Buildings

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Nearby Rentals

Unit for rent at 3621 Balmont Street, Lancaster, CA, 93536

$2,400 /mo

  • 3 Beds
  • 1 Bath
  • 936 ft²
3621 Balmont Street, Lancaster, CA, 93536 Listing by William Ryan

Frequently Asked Questions

What neighborhood is 5003 West Avenue located in?
The 5003 West Avenue is a house located in the neighborhood of Los Angeles in Quartz Hill, Lancaster.
What is the average sales price for listings in 5003 West Avenue?
The average sales price for units in 5003 West Avenue is $0 currently.

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