5045 Fairbanks Way

5045 Fairbanks Way in Culver City, CA was first built in 1941 and is 83 years old. Although, the building on the property was most recently renovated and altered in 1950. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5045 Fairbanks Way has 1,592 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 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 4,965 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. Water for the property is sourced from a municipal system. 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 B. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall 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. The property was last sold in Aug 8, 2001 for $469,000. That's $294.60 per sqft. 5045 Fairbanks Way was last assessed in 2023. The total value of the property was assessed at $665,931. Specifically, the land the property is located on was valued at $477,658. While improvements on the property were assessed at a total of $188,273. 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 $8,387. 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. 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.